davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

Andrew and his crowd it has lain idle
and the workings have been flooded
win surface water. The GRE that was
Left on the dump by the lessees. now
ever, would indicate that this is one of
the most Dromisin. properties in that
locality. and especially so as it adjoins
the Coptis claim, owned by the Dexter
company, in which the recert strike
was made, and the indications are so
favorable that Mr.. Andrew has erected
a steam pump at the old shaft, and as
soon as the mine is drained il is the
Intention to do some extensive work in
the devlopment Of the property.
In speaking of the Dexter, Mr.. An
drew stated that he was of the opin-
ion that it was the making Of a bo-
nanza dividend payer. Mr.. Andrew had
me freedom OF the mine" extended to
MIN by the Dexter ccmEany. and he
availed himself Of the opportunity OF
inspecting all of its workings. ard he
states that the amount of high Grade
ore in sight in the various shafts. lev
els and drifts is astonishing.
On the CoptiS lode, where a wonder
fully rich strike was made a short time
ago, Mr.. Andrew states that there is a
two-foct body CT ore exposed that will
carry average values in gold of from
Sl2O TO $50 to the ton, besides which
NtNAC oAt Att-i CoAS III ltlc vein IilSI
viii! run I'D into the thousands. From
this new strike the company Will have
10 run a cross-cut fer a distance of
only IA feet in order to break into the
rich body Of ore exposed in the Dex-
ter workings. This body of mineral is
two fer in width and will run from
$3.50 TO $3.50 in gold to the ton, while in
1t there is a streak that mills $1,000
and $500 to the ton, and samples of
quartz have been found in this deposit
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

There are quite a number of
smaller operators in the county the
gentleman went on to say, and they
are making money. Captain Turner,
commonly known as 'Driftwood," in
that region, has put in q little 3-stamp
mill and is treating about three tons
of quartz a day that will mill 800 on
the plates. He employs water for a
motive power, and with four men to
operate the mine and mill is taking out
a handsome sum every month On
Pine creek there are quite number
who are making good money with
araStras with water for power, and
am of the opinion that this is one of
the safest ways to make money in that
country. unless one has money to go
into business on a large scale
In speaking of the Goldstone, the
gentleman referred to stated that this
was one of the most promising proper
ties in that section of Idaho, and that
il would surely develop into bonanza,
as already the company had large re-
serves of good milling ore blocked out,
and it was expected when he left Sal
mon City that the new mill being
erected by the company would begin
dropping stamps sometime next week.
The Goldstone is a Salt Lake corpora
ton in which the Crismons, of the
Utah & Galena, L. w. Clark of the
Chloride Point. and others are inter-
ested. The Goldstone is located about
Is miles east of Salmon City.
The Bingham Placer company's en-
terprise was also mentioned, and the
statement was made that this would
come 70 the front this summer as n
heavy producer of the yellow metal,
as the works have been installed on
scale and the gravel is ricn
in gold.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
OPERATING IN WASHINGTON.
]. H. Watts Negotiates the Sale of
Valuable Property.

The Spokesman Review says that John
Fl. Watts. of this city, on behalf of an
eastern syndicate has taken a bond on
the Hopeful. Montana. and Concord min
eral claims, IN the Methow district the
consideration being $4,000. .one-tenth of
the consideration being paid. The claims
are owned by d. ]. Mckay of Salt Lake.
William Huff, n. G. Luck and W. F.
McCrea of Spokane. The no. ert;Ns are
fairly well developed. There is 10 foot
tunnel on the Montana. the ore beng
free milling 1T the suface but is baser
on the face of the tunnel. and will require
melting. The ore. however. runs high in
gold. The Concord is developed BY a Co
foot tunnel, and the ore in the face will
run p per cent copper besides carrying
considerable value in gold. The Hopeful
is not much more than a prospect. an 1S-
foot shaft being the only de.eloament
An expert will be sent up to examine
and report on the properties.
These claims are located in the Methow
district, a short distance east of Goat
river.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Chicago Live Stock.

Chicago. May 4.-CattIe.-A few COM
mon native beef cattle sold as low as
3.S0G4.O0 and a moderate number of
prime cattle up to 5.1OG5.25, with an
occasional sale of a fancy lot at $40
The great bulk went at 4.30G4S5.
Stockers and feeders were offered at
3.50Q4.4O. not much being done below
$50. Stays sold freely at 3.OOG415, and
oxen at 2.7503.50.
Hogs-Sales were at an extreme
range of 345G4.OO for hogs and at $500
400 for pigs. the bulk of the hogs
bringing 3.S5@S.s0. Pigs sold mostly at
3.7OG4.OO.
Sheep.-Sheep sold at 2OO@275 for
inferior up to 4-S5@5.OO for prime
stocks
Great numbers of Texans went for
41O642O.
Export sheep were in demand around
AS and lambs were saleable at $500
$50
Colorados moved slowly at $50 and
over.
Receipts: Cattle. 1000; hogs. $1,000;
sheep, $1,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05


for the celebration of the anniversary,
June L.
The Ontario mill closed down this
morning for general repairs.
James T. KesceI and john Thompson
returned from Salt Lake this morning
and report that the tests made ON diff
ferent grades of Anchor ere by the Ell
lis concentration were fully satisfactory.
The directors of the Swansea Min
ing company met yesterday and de-
clared it's regular monthly dividend of
$4,000 or ) cents a share. payable on
the 10th Of the present month.
The transfes books of the company
will close tomorrow and will be reopen
ed ca he 18th. u.
The Herald is informed on good au-
thority that the Swansea mine is look
ing well, and that on the 600-foot level
fine bodies of ore have been exposed.
The Swansea is now one of the most
promising properties in Tintic district,
and it is the prevailing opinion in min
ing circles that it is good for dividends
for a good many years to come, and es
pecfally so as the ore bodies in this
property are showing up in good form
as work progresses.
The South Swansea. which is the
Swansea's foster sister, is also in Splen-
did shape, and it is expected that with
in the next few days the company will
declare its regular monthly dividend
Of $500.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
THE SALMON RIVER COUNTRY.
Salt Lakers Getting in on Valuable
Properties There.

RrOpefJ1eS 1nSre.
From gentleman who is just in
/ from Salmon City. Ida. it is learned
/ that there will be a great deal of ac-
! tivity in Lemhi county this summer in
the mining line, and that among those
who are getting in on good propositions
there a number of Salt LakeEs are
playing an important part.
Not far from Shoup, on the Salmon
river, Junius Young. jr., of Salt Lake,
| is directing work in the erection of a
20-stamp combination mill on the prop
erty OF the MOnolith Mining company,
of this city. As there are no. roads TO
this mine. the machinery was hoated
down the river last week on fat boz =
from Salmon City. and the contract
for the erection of the plant was le.
to Den.ns & Boish, who are to have
the mill ready to start by the first of
September.
The mine is in an inaccessible place.
but the motive power for the mill will
be generated by water wheel. so that
il will be an easy matter TO take OUT
the product Of the mine in the shape
of bullion which can he taken to the
nearest railroad or highway on horse
back, The mine is located 300 Yards
from the bank of the river, but the
ore viii be conveyed to the mill by
means of a Pickett tramwav.
The Monolith has had quite a rec
ord in the DaSt as a producer. and
before it passed into the hands of the
present company il was worked on a
lease by mining men who made quite
a handsome stake with an old 10-stamp
mill, but with the new plant and with
A fine showing of ore blocked out in
the mine il is expected that it viii
make a great showing this summer,
as the rock runs S14 on the plates on an
average.
Between Shoup and Salmon City. on
the river. is the Indian Greek mine /
which is owned by Chicago parties, /
who will also erect a mill this summer /
This will be a 10-stamp plant the ma
chinerv fer which was sent down the /
river on a fat-boat last week. and it is |
expected that the owners will be send 1
ing in gold bullion within the next
four months.
On Sage creek. just above Indian
,reek. there is another promising gold
which is also owned by
Chicago people This mine was dis
covered last summer By a Door pros
Dector who sold it 70 Salmon City min
ng operators for $1,000. and the- in
Urn sold it TO the Chicago capitalists
or $4,000 who have since opened up
arge reserves and are now making ar
'angements for the erection of a 10
stamp mill. This is making good time
md it viii hardly be is months since
he discovery of the property before it
viii be turning out gold bullion with a
nil of IT'S own.
According to The Heralds informant.
he Mcdonald Brothers. of Butte, who
perated so successfully in the Glib !
'onsville region last year have just ,
purchased the Bull of the Woods mine
etween Sage creek and Gibbonsville. |
his is a splendid piece of property, $
nd the McDonalds. who put up the |
ill al the A. D. & NJ. mine at Glib
onsyille last year at a cost of $4,000. {
nd which turned out $4,000 in gold / $
ullion during the year 1896. will build c
s duplicate on the Bull of the Woods i
line this summer. i
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Semi-Monthly Shipment of Geyser-
Marion Cyanides.

Mercur, May 4.-Now that the Daisy
company has paid the purchase price
and is the owner of the property in
every sense of the word, its attention is
being turned to making the mine pro-
Queer. Enough ore is in sight to war
rant the erection of a mill. and there is
every reason to believe that a plant
will be running inside of 10 days. The
mill Will be no such grand affair as that
on the La Cigale, but enough ground is
opened up now to supply a 100ton mill.
The company proposes to block out ore
for at least year after its mill is
running, and develop the property in
good shape.
The Geyser- Marion made its semi
monthly shipment of cyanides today,
which aggregated about 1000. The
new storage tank, just completed, is
the largest in the camp, and will hold
| a supply large enough for the use of
the mill for several days.
Mr.. Andrews has let a contract for
the sinking of a shaft on the Sego Lily
to the depth of so feet The company
proposes exploring the ground thor
oughly during the summer, and this is
only beginning of the work planned.
The engine at the Mercur ~iill is be-
ing moved to the east side of the
works. and six more storage tanks will
be put in the old engine house The
lumber to finish up the building is de-
layed on account of washouts on the
railroad between here and Oregon.
NJ j. Cheeseman of Salt Lake City
was visiting his property on the west
dip, the Dayton, yesterday 1t joins the
Omaha on the west. and shaft is now
down on the property almost 200 feet.
Everything at the La Cigale is a
scene of activity. A large force of men
is at work grading the mill site. and
material is arriving daily
Walker Bros. have reached a depth
of 100 feet on their property near the
mouth of Ophir canyon. The material
being brought to the surface now looks
we'll
Another free gold discovery is re-
ported. This time ii is from the Gold
Hill. west of Manning. The claims are
the property of Johnson and Hand and
Mr.. Johnson brought in some samples !
of the ore last night. 1t Welded quite |
a number of colors to the pan some of (
them as large as pin heads. There is /
no question as 10 the find being genu- !
inc. it only remains to prove how much /
can be found
The examination of the vein in the
Wachusetts was so highly satisfactory
that it was almost in the nature of a :
AS a result Mr. Clark will
soon visit Lion Hill and a new era of
activity will be inaugurated in this old
property, and development will be
pushed as rapidly as possible.
Ex-Governcr Merrill of the Vande.--
hilt is expected in Mercur at an early
date. The work al the Vanderbilt has
been progressing slowly for some time,
but results are highly gratifying 1t is
that vigorous action will be
as soon as Mr. Merrill has
Tine 10 arrange matters
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Mining Notes and Personals.

The all-absorbing question of will the
Bullion-Beck pay a dividend this month
is being asked on every street corner just
now.
The Mercu- company will pay its reg
ular dividend this month and its an
nouncement may be expected next week
Monda-r.
Charles Rives viii leave for Colorado
today for the purpose of looking after
his mining interests in the neighborhood
of Sal:da-
John Dern, the president of the Mer-
cur company. is in the Deep Creek coun-
try. in company with mining man from
American Fork.
NJ. H. McGlynn, of the Alaska mine.
near Silver City, was in the city yester-
day on business connected with the in
corporation of company on this prop
erty.
A ". Elwood and X. r. GriGlths of
Chicago, who are largely Interested i'm
the Northern Light. are in the city and
will go out to the mine this morning. IN
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
COLUMBUS MINING COMPANY.
Annual Meeting Held in Park City
Monday Night.

Park City, May 4.-The annual meet
ing of the Columbus Mining company
was held last night and the following
board OF directors elected: David
Fisher, president; David McNorton
secretary; James Fi,ller, treasurer:
George F. Murray and John Murray.
The property of the company is To-
Gated il Dutch canyon on the divide
near Bonanza Flat. There are two
tunnels in this. ground, one 140 feet in
length and the other 20 feet. Assays of
ere have given from II to Sc ounces in
silver and % per cent lead. About the
first CT June force Of men will be put
to work. The company has six claims
and was Incorporated last May. The
meeting last night was very enthusi-
astic one. $4,000 shares out OF 100,O 900 be-
ing represented.
Ine Miners union will soon change
its place of meeting from Rays hall to
one Of the lodge rooms in the A. o. L.
w. building. Prepare ions will be made
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
NEUTRALITY-SUSPICIOUS.
Better Tone in Mining Stocks
Noted Yesterday.
RICHES OF OLD TUSCAR0RA
RENEWED ACTIVITY IN THIS
NOTED NEVADA CAMP.

". B. Andrew Makes an Exarnina-
ton of the Dexter Mine and Says
it is a Great Prcperty-The Sal
mon River Countryside Laksrs
Getting in on Valuable Properties
There Contracts Let For the
Erection of the Monolith Mill
Free Gold at Manning-Semi-
Monthly Shipments of Geyser-
Marion Cyanides-Enlarging the
Mercur Mill-Expected That the
Work Will be Completed by June
l - The Columbus Mining Com
pany - Annual Meeting Held in
Park City Monday Night = The
Swansea Dividend-Will Make the
Monthly Distribution of Wealth
on the 1Oth-The Alaska Mining
Company Incorporate Operating
in Washington-J. H. Watts as
Promoter-0re and Bullion-Sil-
yer and Lead-Mining Notes and
Personals.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Wall Street.

New York, May 4.-Several factors
combined to give strong tone TO the
market for stocks today, and the up
ward course of prices was practically
without interruption of any reaction
airy tendency all day in nearly all of
the standard shares. The day closed
with a burst of animation and a
buOyancy of values which has not been
equalled on the exchange for many
weeks. The bears We're fairly driven
into a panic and rushed pell nell to
cover. prices jumping with each sue
ceeding sale. Large blocks of the prin-
cipal stocks also changed hands in
quick succession for the long account.
The volume of trading in the last hour
was very large, and especially in Sugar,
though the trading extended pretty
generally all through the active list.
The sales of Sugar shares aggregated
for the day over One-fourth of the to-
tai sales, which were 100000 shares
figure in excess of any days sales for
several weeks. The immediate cause
of the buoyancy in the market was the
reporting of the tariff bill to the SEN
ate. The properties which are imme-
diately benefited by the provisions of
the amended bill led in the advance,
expected in Wall street, and the for
wardness of the work toward its en-
actment, where delay was counted
upon in the committee, gave an i'm
petus to business in all securities on
the list But the strength of the mar
ket was not all due to the reporting OF
the tariff bill. The weakness of the
sterling exchange market Indicated
that further shipments of gold on Sat
do lno HI 10
thought. Demand sterling was weak
at 4.S7A, and transactions occurred at
4S7 fiat.
Bankers have not. however. definitely
concluded not 10 ship. The closing was
strong and the days gains were gen
orally held and showed marked i'm
provement in nearly every stock dealt |
in. except as above noted.
Railway bonds also moved up on I
large dealings. Business was Talrly /
well distributed. with the market de- I
irving its chief strength in the favor
able factors operating in the stock /
market. The aggregate sales were l. /
Ia, 600
Transactions in governments were
generally noted at slight gains over |
close. with the aggregate
dealings amounting to S24 900.
Money on call firmer at 11aG2 per
,ent; last loan, IL; closed, 112q1A per
,ent.
Prime mercantile paper. s14@4 per
,ent
Sterling exchange weak with actual
business in bankers bills at 4.S7AG
.S715 for demand and at 4.S6@4S614
or so days.
Posted rates. 4.ssl4@4.s7. and 4Ss@
.SS15.
Commercial bills. 4S5G4S5A.
Silver certifiC a+eS 6O7L M61X
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

Boston. May 4-The wool market
here this week shows a slow demand
in domestic woods. but the large de-
liveries of previous sales of foreign
wool makes the business of the week
foot up large. Territory woods:
Montana fine medium and fine. 1870
1912; secured price, $685.; staple. 3S@
SO; Utah, Wyoming, etc, fine medium
and fine, 1902; secured price, 35G36:
staple. 37GSS. California woods
Northern spring, 14G16; secured price.
35@37; middle counties spring, 1J012;
secured price, 32G34.
Australian: SECURED basis, combing,
superfine, 4SQ49; combing, good, 43@4G;
combing, average, ~; Queensland
combing, 1895.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
ALASKA MINING COMPANY.
Incorporated With Capital Stock of
100000.

The Alaska. Mining company filed ar
ticles of Incorporation at. the office of
the county clerk yesterday The par
ties to the agreement are: NJ. r. Hunt
j. W. Neill. Salt Lake: J. r. Price, AL
beIil Steele. NJ. II. McGlynn, Silver
City; w. H. Webster, Oconto Wis, and
J. R. Case, Chicago. The amount of
the capital stock is 100000 in shares of
81 each. The company will develop the
Alaska lode and Che Storm claims in
the Tintic district. NJ. r. Hunt is the
president of the contrary: J. r. Price,
vice president; J. w. Neil. secretary,
and w. H. Webster, treasurer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Chicago Produce Market

Chicago. May 4.-In wheat the long
looked-for sunshine was the only fea-
ture at the opening. the Improvement
in the weather not only counteracting
the effect of higher quotations from
Liverpool, London and Paris. but also
wiping out about half a cent of the
price which prevailed at the close yes
terday.
After declining near the close to
6S& @6S3s, July stopped off at 50 or IL
loss for the day.
Provisions were easy. affected prin-
cipally by the general decline in the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Omaha Live Stock.

Omaha, May 4.-Cattle-Receipts
$500; market steady; native beef steers,
3.S5G4S0: western steers. 3.75d460;
Texas steers. 3.30G4.40; cows and heif-
ers, 2.S0@3.90; Gamers. 1.I5G2.7O; stock
ers and feeders. 3.0064.60: calves. $500
$50; bulls and stays. 2.50G3.65.
HOgs-Receipts. 5000 market a shade
stronger; heavy. 3.70d3.75; mixed, 5000
S-75; light, 3.75G3.7T15; bulk Of sales,
3.70@3.75.
Sheep-Receipts. ZOO: market steady;
fair TO choice natives. 3.60G460: far 10
choice western. 3.50Q45O; common and
stock sheep, 3.OO@4O0; lambs. 4.O0G5.40.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Kansas City Live Stock.

Kansas City. May 4.-Cattle-Re-
ceipts, 5000; market steady; Texas
steers. 2.S5G4.O5; Texas COWS, 2.00G3.25:
native steers. 3.00@4.90; native COWS and
heifers, 2.2504-O0; stOckers and feeders,
3.25G4.S0: bulls. 2.30G3.5O.
Hog-Receipts. 1000; market steady;
bulk of sales, 3.6215G3.65; heavies. 5000
3.67; packers. 3550365: mixed, 5000
$40; lights and workers.. 3.65G3.7O: pigs.
2OOG3.60.
Sheep-Receipts. 5000: market
steady; lambs. S.65@475; muttons. 2.25
G415.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

s.. This body was encountered just be-
low the cave.
Work was commenced on the Noble
smart, northwest of town, last week.
The shaft is down about 10 feet and is
double compartment. The company
struck water Saturday. AS to what
values have been obtained, your COR
respondent failed to learn
Most all the boys are building them
selves .dugouts" to sleep in this sum
mer- They will he much cooler than
frame houses for that purpose.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
CALL OF UNLISTED STOCKS.
BACK FRoM TUscARoRA.
Renewed Activity in This Old Ne
vada Gold Camp.

W. b. Andrews. the well known Salt
Lake mining operator, returned yes
'erday from visit to the famous old
gold camp &C Tuscarora. New. where.
with his associates. he has a bond on
the Young America East mine. which
adjoins the Dexter on the east.
The Young America East has been a
gold producer Of some note in the past,
and has been largely operated by leas-
ers, but some time prior 10 the time
when it was secured under bond by Mr..
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Sugar and Coffee.

New York, May 4.-Coffee.-Options
opened steady at unchanged prices;
closed steady 1O@15 points net advance.
Sales. 1880 bags, including May. 7.55.
Spot Coffee.-Rio. strong: No. in
voice. 8; jobbing. S12; mild, steady;
Cordova, 1201324.
Sales. 1,5OO bags. Rio No. to ar
rive. Sc; 500 bags Rio No. to ar
rive, 97s.
Sugar.-Raw, strong; fair refining,
~; centrifugal SO test, 3 5-16. Refined,
firm.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

VIII be described in The Sunday Her
aid by Hirsch ct Gle, of Brussels, cos
tuners to the Queen of Belgium, Queen
Regent of the Netherlands, Princess
Frederick Leopold of Prussia. and the
Duchess Paul of Mecklenburg All la
dies of taste should see it. Next Sun
day.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Silver and Lead Quotations.

The silver and lead quotations yester-
day were as follows:
Bar silver, 60A cents.
Lead, exchange, sS.25GSS. 30; brokers.
Copper, exchange, s1o.75qs12.5O; casting,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05

S predicted in
these columns,
business picked
up on the floor
of the Mining
Exchange yes
terday and a
m ore earnest
demand was no
Il c e a b | e, al
though in some
instances t h G
bears got in
I h q r deadly
work.
In the listed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
Boston Quotations.

Boston, May 4-Atchison, 1O1z; Bell
Telephone, 2.22; Burlington. 75% Mexi-
can Central. *; Oregon Short Line,
1872; San Diego. 9.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-05-05
WOOL MARKET IS SLOW
Utah Fine rledium and Fine,
Quoted at 10 and II.
MONEY ON CALL FIRM
STERLING EXCHANGE SHOWS
MUCH WEAKNESS.

Wall Street Shows More Strength
Than Has Been Exhibited For
Some Time-Trasactions in Gov
ernments Generally Noted at
Slight Gains Over the Day Pre-
vious-Sugar and Coffee-western
Live Stock.