The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-03-13
Mining Notes and Personals.


curb yesterday after call at 81, ex-
dividend The stock was very firm at the
close of business
The Eureka-Hill was in the market yes
te-day with FIVE carloads of ore which
was sold on controls showing in the
neighborhood of 100 ounces in silver to the
ton, besides some lead.
Street sales of Mammoth were reported
yesterday afternoon at S. The brokers
have been predicting that this stock
would go lower. but is seems that they
were off in their calculations.
1t is believed in mining circles that this
will be a year of great activity in min
ing matters. and that before the first of
January. 1898. a number of very rich dis
covertes will be made in Utah. as well as
in all Of the inter-mountain states.
The Old Telegraph mine, at Bingham
IS on the list as a regular shipper. Yes
terday a lot of 10 tons came in from this
property which showed assay wales of 5S
ton. The ore is a fine carbonate and very
desirable at the smelters
R. E. McConaughy, the efficient sec
rotary of the Sacramento, went out to
Mercur yesterday with the pay checks
for the men employed at the mine and the
mill The Sacramento made its regular
weekly shipment OF cyanides in Thurs
day of this week that is valued in the
neighborhood of 81 100.
Eureka Democat: The Eureka mine, in
tho Mt. Nebo district, is the scene of
great activity. This property has been
closed down for many years and was
ooed at Mt. Nebo. The miners have
cleared away some of the old workings
and some six or seven men are employed.
There is large body of low grade ore
in sight which assays 10 per cent lead
and L. ounces in silver.
Lode. De Lamar. New. Several import
ant designations have taken place the last
dav or so in the force of the De Lamar
company. The first was that of Mr..
Ralph Nichols who for some time past has
been superintendent of the property here,
and we understand that Mr.. Thomas Ok
man will take his place. The next is
reported to be Mr.. F. A. Blakeslee. boss
of the mill, and last but not least the
clerk and book-keeper, Mr.. H. Galway.
The Herald is Informed that the out
look for the Annandale mine, near Mann
moth, is very encouraging. to say the
down to the 76-foot level, and it is stated
that the bottom is in mineralized quartz
that is mixed with pyrities. The railroad
people who are backing the enterprise
are we'll pleased with the showing made.
w. S. Crismon of the Utah & Galena.
returned yesterday from a trip to Cali
fornia, where he has been on mining
business
While at work in the Mercur mine last
week Fred Dern met with an accident
that has laid him up ever since. While
walking in one of the tunnels of the
mine with some rails on his shoulder he
tri2Ded and fell wrenching his right leg
ct the knee so that it had to be encased
in plaster of Paris mould. He is now
at st. Marks, but it is learned that he is
doing nicely and that he will soon be out
and around again. Fred is a general
favorite with the boys. and they will re-
greet to hear of his accident.
Eureka Democrat: For the past eight
months a series of experiments have
been made at the Eureka Hill with a view
oil ft,,er ha lnonhinO m hn
working of the class of ore being taken
out OF that property. Considerable sue
cess has been attained in the development
of the method and the chances are look
tecsiVe teaching works The ore can be
treated at a considerably less figure by
this method than at the shelters and will
enable the company to work lower grade
ores.
Some surprise was manifested in mining
circles in this city yesterday over the
sale of the Geyser- Marion stock at s1.35,
as it is the general opinion that this
stock is well worth $3.50 n share. 1t was
learned later on that this was in the
way of a forced sale and that had it not
been for this fact the stock could not
have been secured ct this figure Later
in the dav it was learned that the stock
was offered in blocks of 5000 shares at
S1.2T15. 1t is believed, however. that when
this stock IS disposed of the stock will
advance to $50 and even higher.
Butte 1nter-Mounta1n; The reports are
more encouraging every day from the
mines in the Centerville district upon
which development work is being con-
Quoted. For number of years that por-
ton of the district lying between the
copper and silver belts was neglected and 1
rather viewed with suspicion by miners |
and mining men. The Old Glory mine,
lust north of the rich Mountain Con and
Buffalo, was worked in a desultory sort |
Of way by n number of lessees many of /
whom sunk all their spare cash in the I'M
profitable attempt to show up an ore
body Later developments show that |
ieoth alone was needed to demonstrate |
The fact that the property was valuable. |