The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-05-24

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same day last year they were $222, 0O2
The clearings for the week were ST.
2f5,O97. For the same week last year
they were s1,022. 1922.
Mining Notes and Personals.
The Dalton & Lark yesterday received
1888 tons of Keystone dump ore.
Howard schock returned yesterday
from visit TO the Colorado river on
mining business.
James A. Pollock. who is in New York
for his health has suffered relapse,
and is now back in the hospital.
The Macintosh sampler yesterday re-
ceived 100 tons of Anchor concentrates,
five tons of Leonore ore and 33S of Key
stone dump ore.
Colonel S. T. Pearson is back from the
Sterling coal mine, and reports that 135
feet of the 200 foot tunnel has already
been completed.
The Horn Silver company yesterday re-
ceived four carloads of Horn Silver crude
ore and eleven of concentrates and one
car of Austin ore.
The Union Pacific train this morning
for Mercur, and Tintic points, will be
crowded, as many who are interested in
these localities have announced their in
tention of going out today.
The Tetro assessment will be delin-
quent tomorrow and the officials of the
company are pleased over the fact that
up TO Saturday night there were but $50
shares of the stock on which the assess
ment had not been paid.
The great Mercur mine is always
chuck full of pleasant surprises, the
latest being the uncoverng of a large
body of iron ore in the Matte lode run
ming from ST to $40 in gold to the ton
by the cyanide process.
The shipment of ore from the Friedrich
mine at Duck Creek, White Pine county.
Nevada, received last week. carried
values of Is per cent lead, 80 ounces sill
yer and trace OF gold to the ton. The
consignment was sold for S24.65 a ton.
The owners of the ground will patent the
same as soon as possible.
According to the World-Herald of
Omaha, the silver question, at tbs, st.
follows: MIR. Mckinley is in favor of
bimetallism (applause) on a gold basis
(applause and cheers) He favors large
use of silver (applause). as large as Eng
land will. permit, great enthusiasm
The stockholders of the Gladstone
Mining company held an annual meeting
and elected directors and officers for the
ensuing year as follows: M. NJ. Freed,
president; j. w. Cory, vice-preSident; S.
j. Weigle, treasurer and secretary, NJ. H.
Bacon, and II. G. Hebron. The Clad
stone shaft is down 120 feet in q favor
able formation and it is the intention of
work
Hon P. t. Farnsworth was consider
ably exercised over the statement in yes
terday's Tribune relative to the action of
his company as regards the eight hour
law, and says that there was not a word
of truth in it; and more, that there was
not the least foundation for such re-
port; that it placed his company in
false light, and that the party who gave
the alleged information must have had
most elastic imagination.
The Electric, near the Sunshine, fs
still making an excellent showing. the
latest development being the uncovering
of a fine body of ore on the ledge at a
values as high as $14.1O to the ton. The
shaft. which is now down 23S feet, will
cut this ledge on its dip. Electric stock
was wanted at $1.15 on the floor of the
inquiry for it on the streets
in the afternoon at this figure.
Robert Simpson, of this city, informs
The Herald that he has made a discovery
of coal near Albion, Idaho, between the
Southern Pacific and the Oregon Short
ledge he says, are from three to eight
feet thick, and an analysis of the coal at
the. surface shows rs per cent fixed
carbon, II per cent. ash and 20 per cent
animal matter Mr.. Simpson believes
that this is a promising coal bed and is
looking for assistance to push develop
ments upon it.
L. E. Ritter, one of the officers and
at Silver City. Tintic, has just purchased
the fraction located between that prop
erty and the Four Aces mine. This has
been added to the South Swansea
/, 100 feet in width and adds greatly to
It's value Ed. Loose, of Provo, the we'll
known mining man, has purchased 20
BOO shares of the personal stock of the
rl1fI e-l,- Of t~0o
ury stock at so cents a share has been
quickly taken and the demand for more
has met with refusal. 4
The Harrison mine. in Carr Fork gulch,
Bingham, is destined TO make a good re-
cord at an early day, as it has a large
and large bodies of mineral blocked out
in the mine. The Harrison is owned by
Dr. Burrows, j. G. McCallister, H. R.
Smith, and others, but it is now being
worked under lease and bond by Mr.:
Nelson, the purchase price being placed
at $4,000 and the life of the option nine
months from May l. AS Mr.. Nelson has
enough ore on the dump to pay for the
mine there is no doubt but that he will
take up the bond before the time expires
F. A. Grant, president and secretary of
the Atlantic Mining and Milling COM
pany, whose ground is located a short
distance up the hill above the workings
of the Bingham Tunnel company, came
in last night from a visit of inspection to
this property. The company is now
running a tunnel to cut the ledge at a
vertical depth of about $50 feet. This
tunnel is now in a distance of about 500
feet. and it is believed that within
week the objective point will be reached.
While the formation at present is very
large, the near presence of the ledge is
indicated by the existence of a large
volume of water, which is a great
hindrance in carrying on the work.
f. e. Goodpart. one of the heavy stock
holders of the Mammoth Mining COM
pany. is in the city, and when seen by a
Herald representative yesterday. ex-
pressed himself as being delighted with
the good reports received concerning the
had no bearing whatever as to the policy
of the company, and he had no news
whatever to impart in this direction. He
was full of information, however con-
corning the situation in the Soudan, and
was well informed concerning matters in
India but as to Utah and Utah mining
affairs-well, give him something easy.
Colorado, on his way TO Salt Lake,
where he had many opportunities for
making investments; but, he says, he
does not care to gamble in mining or to
take his chances in speculation, as he
ALWAYS wants a dead sure thing, which,
IN his opinion, is to be found in the Nam
moth. Mr.. Goodhart read the prediction
in The Herald a few weeks ago that
Mammoth stock would go to s12 a share
within a year, and says that it is a
queer. coincidence, as his London friends
made the same statement to him and at
about the same time.
MINERS ASSAY OFFICE,