The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-04
THE WEEK AT BINGHAM.
Lease Obtained on the Famous Old
Thrush Mine.

The Bingham Bulletin, in its weekly
mining review, says:
Newman, Grandreot and partners
have obtained a Two years lease on
the old Thrush mine. next south of and
said to be on the same vein as the Tie
waulzie Twenty years ago it produced
ore which was shipped to Sacramento
and sold for over $IOJ sack. The stun
was black, ornery looking truck which
had been thrown on the dump as
worthless. The owners were indebted
several hundred dollars TO the proprie-
tor of the old Cooper store. he quietly
had an assay made, and finding the
ore ran way up, oftered 10 cancel their
debt if the boys would give il to him
about ten or twelve sacks-Whlch they
laughingly did and thought they mad a
good JOKE on the sowbelly man. The
lot sold for 81. 500 Some OF this ore has
since been encountered al a lower
depth, and the new leasers hope to run
into a body OF it. The old tunnel and
works being badly caved, they viii open
UP in a new Place, and we understand
are 10 soon begin operations.
Another shipment of IS tons was
made from the Giant Chief Tuesday,
just in time TO come in for beneht
from the big jump OF lead This lot in
strike TO something over 200 tons, and
will probably be the last first-class
marketed for the present, but so ton
lot of second-class is soon TO be con-
centrated al the Rogers mill. The COM
pany Will now turn its attention to
development work, and Superintend-
ent McNeai informs us the incline is
TO be sunk another 80 teet at once, anG
considerable drifting and necessary
l. m min n sin NJ
large and continuous production
Ii transpires that corporation
known as the American Mining & Trust
company, with J. X. SchencK as sec
rotary, has purchased outstanding
stock issued by the Dalton q Lark
Gold, Silver and Lead Mining company
and the fact is considered an indication
that the Indebtedness of j. II. Bacon
secured by said stock is soon to be
taken uD. We look on it also as a
movement with possibly others of i'm
portance TO follow, and VIII not be sur
prised II within a few weeks the Dali
ton e. Lark people will be actively en-
gagged putting in a new process for
treating the ore of their mines.
Whenever the great mines of Bing-
ham decide on the right process for
economically treating their ores, and
can thus throw or dependence on the
combines which threaten them with
ruin. the Old Reliable camp VIII merge
into an ara Of prosperity unknown IN
its former history. Its development is
hardly begun, Yet right now le is cap
able of producing LOCO tons daily of
what ought TO be pay ore. and ore that
is less stubborn in composition thaa
the enforced conditions which our
mines have either 10 submit 10 or quit
Since Carr & Jacobs started machin-
cry on the No. 10 and '92, in May last,
they have sunk the incline so feet,
making its present depth about 800 feet,
a small streak OF ore that runs 20 oer
cent lead ana l. ounces silver having
been followed. The last work was
through about y feet of black quartz.
and there are indications which lead
TO hope that 1t is a cap overl-inE an
ore chute. The boys are willing to cut
through into something OF that sort,
and believe they viii in a few days.
The jump OF lead 10 $3.50 on Tuesday
caused a decided sensation in Bing-
ham, but it quickly subsidized on receipt
of advice from Washington that it had
fallen back TO $685.. While fluctuations
continue, even though the market is up,
operations viii not be materially slim
ulated. Too id much monkey bus
mess.
Notwithstanding the Old Jordan mill