The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-03-31
Mining Notes and Personals.

Mining Notes and Personals.
Daniel Beck of Beaver and F. Rob
ertson of Ibapah. two well-known min
ing operators, are registered at the
Walker.
Howard Saunders of st. Paul, Mimi,
was a visitor on the floor of the stock
exchange yesterday, the guest of
Broker ]. C. Conklin.
The Monitor Mining company yester-
day received an application from New
York for assays showing the values of
their mine, and also a prospectus of
the company.
city making arrangements for the or
Sanization of company for the de-
velopment of group of claims in the
Peepstone mining district.
There is a great scarcity of all kinds
of ore in the market at present due to
bad roads, and unless these become
passable at an early day, the shelters
will be obliged to blow out some of
their stacks.
Broker R. L. Colborn returned yes
terday from visit to Silver City and
Mammoth, Tintic. He is figuring On
a bond and lease on property in the
vicinity of Silver City, and is highly
pleased with the mineral resources of
that locality.
E. n. jenkins of the Whitaker mine,
who is in from Mammoth, Tintic, says
J that this property is showing up bet
ter than ever, and that now it is pro-
posed to work it by means of a drift
from the Mammoth workings if salts
factory arrangements can be made.
C. L. Digrowity, of San Antonio,
Texas, who is largely interested in
! Utah mining properties, is expected to
o1~r-izr att ~
When Charlie goes up to Mercur he
will have to take a guide along, as the
camp has changed wonderfully since
| he last saw it.
The delinquent assessment of the
Dalton Mining company has been
nearly all paid in, and not more than
a thousand shares will be sold on the
day that it is finally delinquent. Bids
for the driving of tunnel on the Dali
ton property were received by the COM
pany yesterday.
The old Collins mine. near Miners
vile, in Beaver county, was to have
! been sold yesterday at referees sale,
| but the date of the sale was continued
to May % by order of the court This
is one of the oldest lead mines in the
state, and in the early days the set
tiers used to get their lead there for
their rifle balls and bullets.
Negotiations are pending for the
purchase of Sheeprock stock now in
the hands of eastern holders. In fact
it is understood that an option has
been secured on the same, which will
he taken up at an early day, when this
| bonanza mine will begin shipments
1t is stated on good authority that the
Sheeprock, in Beaver county, is des-
tined to become the greatest and rich
est gold producer in Utah.
The secretary of the Chicago mining
exchange writes to the passenger de-
partment of the Rio Grande Western
railway in this city that the people of
the Windy City have become greatly
interested in Mercur, and that if the
department will send him literature
and data pertaining to the merits of
the camp he will do what he can to in
terest capital in the district.
Yesterday the North Mercur Mining
company awarded contract to Henry
OSterbolt and Harry Beckett for the
sinking of hundred foot shaft on its
property, which is located above the
Heclas and east of the Eagles in Camp
Floyd district, the contractors to take
their pay in North Mercur stock at 80
cents share. Ore was found in this
property almost at the grass roots,
and the shaft will be sunk from the
start in mineral.
The cause for the slump in Mercur
stock is more difficult to solve than
the hardest problem in mathematics.
as no possible reason can be assigned
for this decline, other than that two
or three stockholders, being DESTROYS
of making a change, have offered sew
eral hundred shares for sale, and as
this market cannot absorb more than
a hundred or more shares of high
priced stocks a day without having a
surfeit, the reason of the decline is
obvious.
C. H. Wilbur came in from Cripple
Creek, Colorado. yesterday, and to-
morrow. with some of the directors of |
the Ophir Consolidated Mining COM
pany will leave for Nevada for the |
purpose of making arrangements for |
the working of the company's mine |
this summer. Mr. Wilbur says that |
Cripple Greek is growing rapidly, and
that just as he was coming away the |
men were breaking into ore in a pro-
perty in which he is heavily interested.
G. II. Knowlden came in last night
from an extended visit to his mining
properties in Camp Floyd and Peep |
stone districts, and is more than pleas |
ed at the showing made by them. In
Peepst0ne, on the Alaska group, a
piece of rock was kicked off the ledge, |
which. when asSayed, showed values |
of 81. 65 in gold to the ton, which is a |
good showing for surface mineral At |
an early date Mr.. Knowlden will do |
some extensive development work ON |
these properties.
DR.. c. w. Jones of Marysvale, who |
was registered at the Cullen last night. /
feels greatly elated over the prospects
for the southern country, and informs
The Herald that within the past few
days an important strike has been
made in the Butler-Beck mine, on
Gold mountain, the workings showing
up a seven-foot body of S14 gold ore.
He also states that the Webster tun-
mel, in Bullion canyon, is in good ore
and that Warwick, the owner of the
Star mine, just above is taking out
mineral that goes Is ounces silver and
Sc in gold, and that with the railroad
getting closer to them every day, the
miners of the district are doing some
extensive development work.
Major w. R. Busenbark, vice-presi-
dent of the East Golden Gate Mining
company. returned last night from
Mercur, and to a Herald reporter he
stated tina. he was more than pleased
with the progress made during his alb
sence. as with the new hoist running
and nicely, the shaft was be-
ing sunk at the rate of from five to six
feet per day, and that it was only
question of depth before the great ore
I'LL |