The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-21

to rs. The showing made on the chi
cago board is no comparison to that
of the Salt Lake board in the way OF
gilt-edged stocks.
1t was rumored on the streets yes
terday that Frank Gillespie had leased
a wire from the Big Cottonwood Power
company and was now lighting up
East Third South street In order ITO
obtain a confirmation or denial OF this
report a Herald representative called
on Colonel J. w. Donnellan, who sta
ted that there was no truth in the
statement, unless Mr.. Gillespie was US
ing their line without his knowledge or
permission.
w j. Wolstenholm, of the New State
Mining company, whose property is 10
Gated near the mouth of Little Cotton
wood, in this county, went out to the
mine Wednesday, and reports that the
men are now in forty feet in the new
tunnel, which will have to be driven $50
feet before it taps the gold ledge for
which it is being driven. When the
connection is made it is expected that
the New State will be listed as another
of Utah's producing gold mines.
A gentleman who has just returned
from Mercur is in ecStacy over what he
saw there, and says that there can be
no doubt as to the future of that camp
and the whole Camp Floyd district
According to his account the Mercur
mins has 100000 of ore in sight and
the Golden Gate has pay ore enough
blocked out to run q mill with a daily
capacity of 500 tons, for five years TO
come, to say nothing of the other pro-
ducing mines of the camp.
Two large pieces Of lead ore from
the Sappee mine in the Argenta dis
trict were shown to a reporter yester-
day afternoon. The owners of the
property are Charles de La Baume and
H. T. Snively. Ore from this mine is
said to have assayed as high as 80 per
cent. lead, 10 ounces in silver and Sc
in gold. There are said to be number
| of other good prospects there, on one
| of which belonging to Salt Lake men.
! there are two men constantly en-
/ ployed.-Ogden Standard.
f, z. Goodhart of Chicago, who
/ represents the eastern holders of
[ Mammoth stock, is a guest at the
Knutsford- Mr.. Goodhart was seen by
Herald representative last night and
seemed much pleased with the improve
ments made in this city since his last
! visit here. especially in the way of
{ electric lights and illumination by
/ means of natural gas. Mr.. Goodhart
will go out to the mine within a few
days, and later on will attend the
Mammoth adjourned stockholders
meeting.
The Free Coinage Cold Mining and
/ Milling company received the good
news yesterday afternoon that fine
body of cinnabar ore had been uncover
| ed in the company group of mines in
the Free Coinage mining district,
west of Grantsville. This place is the
nearest point to the mine from which
/ telephone communication can be had
with Salt Lake. and Neils Madison. the
foreman of the mine, was the one to
send in the pleasing report. This is a
most important discovery, as it proves
the extension of the Mercur ore belt.
! Yesterday Charles Stewart. manager
of the Morgan mine, at Hardscrabble,
took $50 pounds of crushed ore to Bur
| CONS at ,218 West Fifth street, where a
test was made upon it by the Gervase-
| Brown process of reduction by electric
ity and lea.caing. Several gentlemen
went along to see the ore weighed in
and placed in the tanks, and this morn
ing they will return to witness the
cleanup. Mr.. Stewart who is we'll sat
isfied with this process, is making this
| public test in order to show beyond a
doubt the merits of this system of ore
reduction, especially on Morgan ores.
Sam Godbe the well known mining
operator. is in the city, and we learn
that he brings with him great reports
Of wonderful discoveries of gold in
Death valley, California. In the last
issue of the San Francisco Mining and
Scientific Press we find the following
paragraph relative to the Godbe Min
ing company: The Godbe Mining com
pany of Salt Lake and Denver has as
sumed control of the Machu mine,
West Point, Calaveras county. it hav-
ing bond on the mine. a shaft is
sunk ninety feet and two levels 100 feet
have been run southerly, a paying
ledge being found in each case. 1t is
locally reported that the Godbe com
pany will build a stamp mill and hoist
ing works.