The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-23

an executive committee composed of W.
S. Mccormick, J. E. Bamberger and
James A. Pollock was appointed to attend
TO any business that may need attention
between the regular meetings OF the
board. Among other things the sale OF a
block of treasury stock was authorized
at the usual figure-50 cents. The board
directed the executive committee TO eX-
anime into the cost OF building mill, 70
decide as to the expediency of putting IN
a plant, etc, and to report at the next
regular meeting.
DR.. A. L. Castleman of Mercur, who
was in the city yesterday, informs Inc
Herald that the camp is growing right
along in Importance, and that there is
no wavering on the part of mine. owners
or claim holders, who have implicit con-
fdence in the ultimate outcome OF the
district.
A gentleman from Peoria, Illinois. yes
terday purchased $4,000 shares of Sacra-
mento stock at 90 cents a share, the
transaction being cash one and the gen
tleman was SO much impressed with the
value of the property that he endeaVored
to obtain another block of 10,000 shares.
The stock purchased was a portion of the
Lakin interest recently sold to q. a. Ben
son of Omaha The Herald is informed
that the mine never looked better than 1t
does today. The tri-monthly shipment or
cyanides from the Sacramento, amount
ing to $500, was made a few days ago.
The Hecla Mining company has arrived
at the conclusion that the bottom of it's
shaft is now in the lime Gaping OF the
vein, and it is believed that within TWEEN
ty-five or thirty feet more ore VIII be en-
countered.
A. D. Howell, operating the Hank White
placer claim on the Elk City road, was IN
town last week and reports a prosperous
run this year. They are now clearing new
ground for next year. Mr.. Howell is very
enthusiastic about the quartz prospects
on Newsome creek, and says that on the
Dorm ledge about 1900 tons OF ore is II
sight, exposed by several holes sunk along
the ledge. The vein has a dip of only Y
degrees and is four feet wide, of hare
white quartz giving big prospects in free
gold. The two extensions also prospect
we'll. So far no other ledge has beer
found but the Newsome creek basin is
well worth the attention of prospectors
The Dorm ledge was discovered in some
old placer workings one and one-hal
miles up the creek above the Newsomt
house-Free Press, Grangervlne. lda.
j. R. Walker president, II. W. Law
renee w L. Pickard and Boyd Park
directors of the Alice Mining company, re
turned to Salt Lake last evening after {
two days inspection of the Alice prop
critics 1t was their usual annual toul
of inspection and had no significance be
yond that. They reported finding every
thing in good condition and We're espec
tally pleased at the fact that through
economical management the mines of tn
Mountain, Butte, Mont.
Manager Horn, who recently obtained {;
lease and bond on the Nancy Hanks min
at Bingham, was in the city yesterday
The mine, according to Mr.. Horn, is show
ing up in great shape and he states tina
already he has nearly a. carload of goot
ore ready for shipment.
The Heralds Mercur correspondent
writes that the contract for the buildin:
of the Northern Light mill has beer
awarded to Mr.. Waterman, but this must b.
an error, as the company has not yet full.
! decided upon the plans submitted by tn
| different mill builders.
Hon. r. c.. Lund has returned from hi
southern trip.
Colonel Ben r. Hite. of Hite, Utah, &C
companied by his son, Homer j. Hite, i
registered at the Walker. Colonel Hit
! has been working the Good Hope bar OF
| the Colorado river near Dandy Crossing
| for the past few months, and he brough
in with him fine retort of gold.
j. H. Bone, who is leasing at Alta, i
! in the city on business.
E. E. Crooks, stock broker, Il Yves
Second South street. Telephone 81.
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Be loyal and use high grade Tfire.
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