The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-21

values of "A ounces in silver and S1-5o in
gold TO the ton. This is an encouraging
showing. ana in consequence the stock
OF the company has developed an upward
tendency. The gold ledge on this ground
IS also looking well
The Mercur Mining company paid its
regular monthly dividend of $4,000 yes
terday. making the total TO date paid by
sum of $4,000 Mana VT Dern calls this
months payment a Jubilee dividend"
The Horn Silver was in the market yes
terday with nine carloads of concen-
trates. The company has a large amount
of crude ore al the mine awaiting ship
ment. but this Jubilee business is inter-
tering. somewhat with freight traffic so
that It viii be few days yet before
regular shipments VIII be resumed
Four notices of location have been filed
IN the county recorders office by John
Beck, Joseph B. Pitts, Orson W. Rudy,
Arthur 5. Pitts and John Malquist. All
the locations are situated in Big Cotton
wood canyon and are known as the Ocher
lode, Ocher lode No. l, Oche- lode No. ,
and Ocher lode No. 3.
S. J. Pollock, che superintendent of the
Hercules, on Lion Htll. who IS celebrar-
ing this week, states that the tunnel in
TINS property is now in a distance of 24S
lees, the face being in porphyry that is
iron stained and streaked with quartz,
and It is expected that when the porphyry
belt is pierced q fine body of ore viii be
uE covered. Mr.. Pollock also says that
shape.
Grand Valley Times: Mr.. Gordon kim
oau returned Wednesday from Monticello.
He reports some activity in mining in the
Blue mountains. and that there is pros
peers OF a sale OF number of claims
70 company VINO Will do some extensive
DEVELOPMENT work. In his opinion there
VIII be several more stamp mills put in
operation this season, and that the Blue
mountains will prove one of the big min
ing districts
A Burch. NJ z. and c. e, who was
Tor sometime in the employ of the Bull
iion-Beck at Eureka, but who IS now su-
perlntendent or the Bunker Hi and
Sullivan mine at Wardner Ida. where
from 900 TO 400 men are employed, is in
the city for the double purpose of attend
to take in the Jubilee. Mr.. Burch will
remain in Salt Lake for week or ten
days, when he will return to Idaho. tax
ing his family with him. Mr.. Burch has
to hear of his successes.
1t was stated on the streets yesterday
that ore had been encountered in the west
drift of the Emerald, at Mammoth. and
the report was virtually verified at the
Office of tale company, Messrs. Oglesby
and Hundt stating that in the northwest
drift. on the 4o0-foot level. the face OF
the drift was in a four-foot vein in which
of ore had been uncovered that
assayed as high as s. to IS in gold to
the ton The main ore chute has not
bCeA u-SClOSeu Is YET. however. as the
company is bending all of its energies in
sinking the shaft which prohibits de-
velopment work in the drifts to a large
extent. 1t is believed, however that the
extension of the drift for few feet more
will block out fine body of ore On
Saturday last the shaft had attained a
depth of 661 feet, and is being sunk at
the rate of about four feet a day, as the
ground is very soft, and the indications
are considered excellent. The AMMAN
dale is also looking well. and Messrs.
Oglesby and Yundt are feeling much en-
Outraged over the outlook for both prop
critics.