The morning news. [volume] (Savannah, Ga.) 1887-1900, 1897-08-02

still openings for new enterprises, how
ever, in this district, but ali of the ground
will be occupied and worked by the close
of the present year.
The ore in the Mercur camp exists as a
sedimentary vein or belt in a stratified for
nation, somewhat similar in character to
the wonderful Calumet copper vein in
Michigan and to the great gold vein of
johannesburg in South Africa, with this
difference, however, In favor of the Mer-
cur vein, that 1t has more mineral more
average thickness and a more even dis
tribution of the metallic value in the ore
In another district with which l am IA
m!liar Is the business of mining for gold
more certain and of a less speculative
character than here. If you have got the
possession OF sufficient area of ground
you can calculate accurately on the
amount or ore you can extract and on the
amount of gold you can get out of each
ton of ore. You can also figure that the
cost Of mining and reducing the ore will
not exceed " per ton, so that you can be
sure of very big profit when you get
Sl4 worth of gold out of each ton of ore.
STOCK in new mines is usually sold for 20
cents share; as soon as the mill gets to
Work and the mine is opened the stock
goes up to par, SO that if you wish to sell
out you get So for every 81 you put in. If
you mold on you can depend on a dividend
of 10 per cent. per month on par value
provided your mine and mills are run
skillfully and economically and you have
a superintendent who does not try to rob
YOU Not a single mine has been opened
in the Mercur district thus far that has
not proved to be a good property. Salt
Lake City Is the business center for the
district and the place for newcomers to
stop and fill themselves up with informa-
ton and enthusiasm The Mercur district
is making Utah a great gold-producing
hQfnra bn nd Of he
will probably make it third in rank among
the gold states of the union, California
and Colorado alone exceeding. All of this
wonderful result is due to the new cyanide
process, which is doing more to increase
the gold production in the UnitedkStates
than all of the existing capital combined
which has been put into the gold regions
All low grade ores are valuable since the
process has come into use, and multitudes
Of mining properties which were aband-
oned long ago have been taken up again
and will now be worked.
] would advise men who have a little
money to invest in gold mining to come
out to Salt Lake City and look over the
Mercur district. The journey is rather a
long one from Chicago, and is by no means
a pleasant one in hot weather. You leave
the city by the lake in the evening, either
by the Union Pacific, the Rock Island or
the Santa Fe road, and 1t takes about for
ty-eight hours of continuous travel across
the prairies and over the great hot ex-
panse of the arid parts of Kansas and
Colorado to'reach the Mormon metropolis;
but there are good sleeping car and dining
car. accommodations on all of the roads,
and the country is well worth seeing With
the prospects of large and sure money
making ahead the journey win not prove
a tedious one. The intending gold miner
can also find satisfaction in looking upon
himself as something of a patriot for
whoever is engaged in increasing the gold
output of the country is doing more to
settle the vexahous silver question than
any stump orator or newspaper writer.