The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-10-18
MINING SYNDICATE.
Extensive Operations Projected b,
an English Concern In California;.


Extensive Operations Projected by
an English Concern In California.
Mining circles are all in a furry over
the prospective visit to San Francisco
of Hamilton Smith, the celebrated min
ing engineer and manager. The coming
of Mr.. Smith involves deal which
may reach s20OO0,GOO, and that is the
chief reason for the unusual interest
evinced in his present movements.
He is expected to arrive in this city
about November 1, coming direct from
London to investigate the Mariposa
mining grant of 4i000 acres, with a
view to purchasing it for the Explora-
ton company of London, England. of
which he is the head managing direc-
tor.
The Exploration company is by far
the wealthiest and greatest syndicate
engaged in mining in any part of the
world. 1t is known to be backed by
the Rothschilds, with unlimited re-
sources, and its operations are con-
Quoted on such a colossal scale that
even princes of finance are astounded
at its magnitude. 1t has many mill
ions Of pounds sterling invested in
South Africa, where its business far
exceeds that of any similar concern.
Besides, the company has heavy in
vestments in West Australia, New
Zealand and the Pacific coast Quite
recently it bought mines in Montana
for $4,000. The company owns the
Alaska Treadwell mine, with go
the Alaska Mexican. with 100 stamps,
and the Alaska United; also the
Oneida mine in Amador county and the
Lucky Boy in Oregon.
Quite recently the we'll known Cali
fornia mining man, Thomas Mein,
who has associated himself with the
Exploration company, returned to Cali
fornia. He came here under instruc-
tons to hunt for mining interests and
to examine the syndicate'S properties.
1t is believed that he investigated the
Mariposa grant. and his advice to the
home office in London has resulted in
favorable consideration of the proDo-
sition. since Hamilton Smith has been
directed to come out here for a per-
sonal inspection.
The Mariposa grant comprises 1000
acres in the heart of Mariposa county.
1t came originally from the Mexican
government in the form of grant 10
General Fremont, and subsequently if
has come into possession of Senator
Jones, Alvinza Hayward, the Hobart
estate and J. w. Mackay, who paid
something like $5,000,00 for the proper
ty. A large number of mines were
worked on it once, but they have been
shut down While still paying hand
somely. And now these broad acres
of gold and silver ores are about to
pass into the hands of the English
syndicate.
The fact that the company intends
purchasing the property has been adj
nitted to mining men by q co-worker
OF Mr.. Smith.-San Francisco Call.
Old Richfellow (desperately)-If YOU
refuse me, What is there left for me to
Go?
Sweet girl-Well. read The other dav
about rich man who made his will
IN favor of che woman who had re-
fused him. and then went out and
hanged himself.-New York Weekly.
How did you dare tell father that
you have a prospect of 100000 a Year,
she asked.
Why" he answered in righteous in
cignation, I have-if I marry you. ~
Warrington Star.
Had we rot better turn up the gas
a bit2" inquired the dear and dumb
FELLOW Of his girl. MS getting SO dark
cant hear you. Judge