The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-03-20
Mining Notes and Personals.

Generalization stock was in good de-
mand on the streets yesterday afternoon
and sales We're reported at S1.40.
The miners in the lead camps of the
state are well pleased with the recent
rapid advance in the quotations in this
commodity
1t is stated that there is another deal
on in relation to the DiDper gold mine,
which IS located ct the mouth of Little
Cottonwood canyon.
For some reason there has been con-
siderable demand for Sunshine stock dur
ing the past few days and eastern orders
have been filled by Salt Lake brokers.
The Chloride Point Consolidated Min
ing company has just issued a neat ard
tasty prospectus in which is stated
briefly, the salient points in favor of its
! Lion hill property and the objects of
the company The covers of the book
| let have been handsomely embellished
by the Utah LithograDhing company.
| Statesman. Boise City, Ida: There is
much activity in HALEY now arising from
operations N the Jay Gould mine. The
| property is under lease and a large body
of very high grade ore has been de-
veloped. The pay streak is about foot
| thick and IS of solid galena that Yields
| some 200 ounces ton in silver. The
| lessees are working 20 men taking out
| 1t is stated that the trial shipment of
ore few days ago from the Jennie
NINE on Conner Creek in Cassia county
| Idaho. gave very satisfactory returns.
The Jennie is owned by John Beck. of
this city and il IS his intertion to de-
velop the property in thorough manner
this summer. L. G. Hardy. under whose
supervision the mine is being worked,
viii soon leave for Idaho. From all ac-
counts the Jennie is a proposition of great
promise.
The Chloride Point Mining company is
loading two cars at Mercur with high
grade ore and It IS expected that the
consignment will reach this city within
the next day or so. The treasury stock
Of the company is going like hot cakes
and orders are coming in from the east
and the west. Among investors who are
loading uD with this security are to be
found residents of Boston and Omaha,
who feel satisfied that it is a good thing.
and everything would indicate that they
are right in the premises.
The Gold Dust mine. at Me-cur. is
showing w in elepant shape and it is
stated that. as development work pro
crosses the ore bodies are growing larger,
while the values are. holding their own
in = most encouraging manner. WITH
such showing as this it is no wonder
49, reduction and The Herald is re-
liably informed that the plans and speci-
tcations 1or the plant are now IN hand |
and that the works will be installed as !
soon as possible this spring
Work is being pushed in the running of |
the drift in the Wonder mine, at Me- |
cur, and the latest reports from there /
are of an encouraging nature. The drift I
was started below the ore zone with the |
expectation Of catching, it on its dip with !
in few feet. The drift is row IN a |
workings is changing color. indicative
of the near presence of the ore body.
A new drill was sent out to the me a
day or two ago. and since that time the
work OF drifting has been pushed more
rapidly.
Butte Inter Mountain: The Montana
all of its Silver Bow county possessions
to Richard Lacey of New York for
million dollars worth of bonds bearing
per cent interest and running 20 Gears
The mortgage was filed with the county
clerk and recorder here few days ago
and was authorized at meeting of the
the Sth. The money realized is to be
used by the company in acquiring other
property and making improvements on
what it already has.
Baker City Democrat: A party of min
ng men com posed of Prof. j. E. Bailey
IF the Red Boy mine. Mr.. Franz, NJ.
Leland, representing the Risdon Iron
works. Colonel James A. Painting and
John A.. Hanna, of the Burnt River Min
ng company, visited the Flagstaff mine
and inspected the new mill be- {
ng erected. the machinery for which is
rom the Risdon Iron works. The party
vas pleasantly received and entertained ,
W Manager Imhaus and Superintendent
Reynolds and they have only the kindest
expressions for the Flagstaff and its man I
cement. {
Bulletin. Mountain Home. Ida George r
alexander who has been located on the q
fiddle Boise river about 80 miles below ;
atlanta for the past 20 years, was a !
isitor in this place Monday. Over 100 [
1en haze been at work on a road from
;oise W the river and il is now COM d
leted to Browns creek. 40 miles below II
.tlanta. where sawmill is being erected, n
nd a canal is being constructed along y
ne North Fork for an indefinite distance
Or placer mining purposes. Mr.. Alex
nder believes that a good road for pack
nimals at least, will be completed up
ne Middle Boise river this spring IT
Six years ago when the old mining ex-
hange was in full blast the Congo and
10 Stanev We're favo-ite stocks in the
it. OF late years, however. but little
rs been heard regarding them, but if o
he quotation on lead continues to adj =,
ance. It IS more than likely that they :
ill again come into favor before the
osing of the present season. These n
are located in Big Cottonwood r;
lnyon. and the stock in both corpora h
ons is largely held by ]. E. Bamberger
this city. In the Stanley, when work a,
its development was discontinued ~
me time ago. there was a good showing 81
lead ore. and it is believed that if OF
orked IN = systematic manner a large IL
'dy of mineral would be disclosed. The
)ngo IS located by the roadside on the 49,
INKS of the Big Cottonwood creek 1t *
as worried by means of tunnel and Oh
fore It was closed down a shipment in
j. tons of ore was made that was
Id on controls showing is per cent lead. M
ounces silver and $50 in gold to the ton a.
lere is every reason to believe that with -
1rk both propositions would become u
5ponsive,, and Mr.. Bamberger states 10