davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
HORSE HEAVEN TREASURES.
Project to Open Them by Means of
Long Tunnel.

! The Herald's Marysvale correspond
ent yesterday mentioned the fact that
/ G. L. Dignowity, of this city, had been
in that camp, and that he was inaugur-
ating tunnel scheme that was des-
tined to disclose the vast bodies of
mineral supposed to be concealed with
in the bosom of Horse Heaven, a few
miles above Marvsvale
MI Dignowity returned home Thurs
day, and when seen by a representative
OF this paper yesterday, stated that the
report was correct, and that a company
shortly to be organized by himself and
eastern capitalists would soon start the
enter-rise in notion
In 1896 Mr.. Dignowity made a loca-
ton of a group of ten claims in the
Horse Heaven country, embracing an
extension of the Wedge ledge the Dali
ton vein, and several other chutes of
mineral that cut through that section.
besides which he locat ted a tunnel site
IN Two Mile creek, and mill site near
the junction of the Bullion canyon
stream with the Sewer river. il being
the intention 10 tunnel into the heart
OF the mountain in which Horse Heaven
IS situated, for the purpose of uncover
ing at depth the lodges that show so
plainly on the surface above.
This tunnel Will be about 900 feet in
length, and it is estimated that the ore
zones viii be encountered at "a vertical
depth of about 500 feet, at which depth
1t has been predicted by biologists and
mining men the ore bodies would be
larger and richer than the surface
showirgs would indicate.
AT the millsite it is proposed to in
stall an electric plant and the waters
OF the creek will be harnessed for the
purpose of furnishing power for the
operation of machine drills in the driv-
I'll,
the intention to utilize the electric
fud in the mechanical operations per-
tanning to the proposed mill, which
VIII be erected when the tunnel has
encountered the ore bodies, as it is
confidently believed it will do.
The Lodges on the surface are about
flve feet in width and the ore is high
IN grade, while the surface showing on /
the other veins is all that could be de- ]
sired; and if the theory advanced /
proves to be correct, there is no doubt |
but that the enterprise will be emf |
nently successful.
Contracts for the driving of the tun-
mel will be let within the next few
days, it being the intention TO let out
the work by the 100 feet at a time un-
til the power plant is installed and in
working order, when the company
soon TO be formed will take charge
and continue the work with power
drills.
The claims embracing the group To-
Gated by Mr.. DignOwity are covered
with heavy forests OF pine timber and
some of the trees will measure from
three TO four feet in diameter. while
sparkling spring water abounds in
This is a gigantic enterprise. but
when successfully consumated will do
more in the way Of proving the extent
ma permanency of the ore deposits
II the camp than anything that has
'een done as yet in that locality.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03

though the question is being considered
no decision has been reached
Arrangements are being made 10 re-
sumo work with the Marion mill. Since
work was discontinued in that plant
the mine has developed so rapidly and
such immense ore reserves have been
opened up that it has been deemed best
TO resume work with the mill which
viii make an output with the two mills
OF about 16O tons daily. The company
distributes its third monthly dividend
OF 3 cents share among its stock
holders on the Both
Captain Moore, c. F., OF the Salt
Lake G. Mercur railroad. commenced
the survey Wednesday of the branch
to the Golden Gate mill site. The spur
may leave the main track at the sum
nit as it is supposed that this would
be the shortest and best route. How
ever, several lines will be run before a
decision in the matter is reached.
The town feels pretty good over the
Golden Gate DEVELOPMENTS. The con-
struction of this plant will silence all
croakers as to the working of the base
ores of the camp, infuse new life into
property owners, encourage develop
ment, bring in much new capital and
almost double the population of the
camp in a few months.
DR.. Woodruff, manager of the North
ern Light, came out from town Monday
with a couple of boiler makers, and
they are now ar work putting in the
new tanks at the mill. When this en-
largement is completed the company
will be in condition to put through
large tonnage and dividends should fol-
low in the near future.
The drilling contests for. the Fourth are
much interest and the boys can
be seen in the evenings practicing on
the hills. getting in shape for the con-
test. 1t is said that one of the Mercur
mine teams drilled a hole in lime II
inches in eight minutes recently. The !
contest will undoubtedly be a spirited
one.
Contractor Bradley, of the Little !
Pittsburg, reports the shaft on that |
property down 60 feet and the forma- /
ton looking well. Bad air has been |
which necessitates the 1
putting in of air pipes.
]. D. Spargo, superintendent of the {
returned Monday, after an I
absence of several days spent in the
.itv.
The three principal mills of the camp,
he Mercur, Geyser and Sacramento.
made shipments of cyaniGes during the
week.
The pipe line to the Searchlight will
De laid this week, preparatory TO putt
ng up the steam hoist.
Jim McEvoy is making another ship
nent of high grade ore from the
Chloride Point this week
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03

showing at the Miller mine, where the
nlen were sacking high grade ore, and
re expressed the opinion that W. L.
higgins and Joseph z. Ray, who have
the property in charge, were pushing
developments with energy and intelli-
genee. as is evidenced by the quantity
OF rich ore being sacked for shipment.
Mr.. jacobs a1S0-made- an examina-
ton OF the Golden Star property, where
effective development is being carried
on, and al the same time good sized
shipments Ct. high grade ore are being
made, and in his collection of samples
CT mineral from the camp, Mr.. Jacobs
has at his Office specimens from this
mine that are lousy with the yellow
metal and tellGrides of gold.
While not much work has been done
in the opening Of the mines of the dis
trict. Mr. Jacobs says that James Long.
IT., Of the Breckenridge Mammoth. in
the driving of the long tunnel, Will do
as much towards establishing the value
ana permanency Of the ore deposits of
lne camp, as anything that has been
zone IN that section. and he is of the
pellef thai when the tunnel makes the
desired connection this property will
rank as one of the heavy producers of
the district.
Inc Surprise mine. owned by Snyder
ana Moore, which is on one of the main
ledges OF the mineralized zone. was
also mentioned by Mr. Jacobs. who
states that ii gives promise of develop
ing INTO a rich and steady producer.
Gold mountain, according TO Mr.. ia
Gods, IS well timbered and watered, and
UIle lhdlcatiOnS there are excellent
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
As Seen by DUN.

New York. July 2.-R G. Dun & Co. s
weekly review Of trade will say:
Midsummer vacations have COM
menced in many works with the de-
crease of orders usual at this season.
This customary vacation is called a
strike where agreements regarding the
wages for the coming year have not
been reached, and the extensive strike
of amalgamated iron workers an
nOunced July l is of this nature; but
the strike OF coal miners in Illinois and
other central western states is not, and
may prove costly.
Since much of the future depends on
crops, the Frightening prospects Fre of
the highest Importance. Estimates by
persons usually most pessimistic now
far exceed any made a month ago, one
promising $50. 000. 900 bushels of wheat.
with lower conditions, but largely in
creased acreage of corn.
The movement of wheat is small,
western receipts for the week being
/. 630,779 bushels against 2.041. 719 last
year, and Atlantic exports 2,064.17
flour included. against 2,162,172 last
year; but strong effort to lift prices
failed. and the close is 13sc. lower for
the week. with corn 12c. lower.
The export trade is increasing and
large order for India has just been
taken at price said to be 50 below
British bids. Coke production is in
creasing again, as more iron furnaces
are going into blast, and an addition
of 25c. has been ordered in anthracite
coal. Tin is higher at 141c with
larger consumption, and copper at 10A
for lake, with heavy exports while
lead has advanced to SEC.
Failures for the week have been 241
in the United States against 251 last
year, and so in Canada against % last
year
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
THE CHATTANOOGA.
Valuable Property in Which Colonel
Kaighn Is Interested.

Richfield. July 2-Colonel VI. NJ.
Kaighn, Salt Lakes well known attor-
ney. was a northbound passenger on
yesterdays train. Mr.. Kaighn had
been spending some time at the Chat
tanooga mine, above Bullion CANYON.
1t has been two months since Charles
D. Ranks and Edward Sherard began
work on this property. and a desire
TO see what was being done, and what
the outlook was. brought the colonel
down here. Like so many others. he
had heard many sighting things said
Of the Vale, and so expected a day or
two would suffice; but he spent four
days mostly at the Chattanooga. and
then wasn't satisfied
The Chattanooga mine is on the side
OF mountain. just under the Dalton.
and many years ago produced some
ore OF fabulous richness. though all
the work that has ever been done
amounts TO almost nothing Up to this
time all the development done on the
property has been some tunneling be
tween two parallel veins. but now
they have decided to go TO the north
of the vein and sink a shaft
The Chattanooga ought TO be good
property. Every little way in the ledge
there Is some amethyst quartz that is
rich in silver sulphides. Then there
are two kinds of lead ore. one nearly
pure and the other a rich carbonate
Part of the vein contains rich copper
ore, some specimens going as high as
90 per cent Taken all in all, the Chat
tanooga is looking up 1t is one of
the oldest mines in these parts. but
only the very richest ore has ever been
touched, although there is quite a
heavy vein of good ore in sight. But
with the railroad closer all of it can
be shipped and work Will be kept up
right along now.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
Bradstreet's Financial Review.

New York, July 2-Bradstreet' s
financial review tomorrow will say:
The decline in the stock market which
began last Tuesday was the natural
result of the accumulation of weak
holdings of long stocks and to the plans
to realize profits. The declines were
not disproportioned to the extent of
the preceding advances in the more
active members of the list, and at the
concessions a considerable buying
power reasserted itself. The liquida-
ton and profit taking once exhausted,
the market steadied itself and pre-
sented unmistakable indications that
the accumulation of stocks was once
more under way. The growing factor
in the market is the widespread bUllish
speculative sentiment that had arisen
from the expected ending of uncer-
tainty about the tariff together with
the, favorable crop prospects and the
general feeling in railroad circles that
a period of improving traffic and earn
ings is at hand. Current railroad carr
ingS continue to show only a moderate
Improvement, though the figures Of the
Burlington road for May, with an in
crease of 100000 in surplus over
charges, was better than expected
comes from higher railroad circles and
the insiders in a number of cases are
credited with buying and supporting
their stocks. The western roG6s. it is
declared, are holding rates with re-
viGor, and only minor dis
agreements exist, while the traffic de-
partments are straining their energies
TO put equipment in order for heavy
summer and autumn traffic. The reso-
luton of the trunk line authorities to
restore eastbound rates has been noted
with approval. The Changers, rs tie
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
BIG BLACK HILLS STRIKE.
Inexhaustible Supply of Gold in the
Tornado Mine.

A dispatch frcm Deadwood s. D..
says: The Black Hills country is
highly excited over the discovery of
what seems to be an inexhaustible sup
ply of gold in the mine known as the
Tornado, largely owned by Samuel W
Allerton of Chicago.
The Tornado is located on Bald
mountain and it is impossible to esti-
mate, even roughly, the amount Of
gold which can be got out of it. The
ore now being mined is uniformly
worth $50 a ton, an assay which is rich
in profit for the chlorina ton treatment
This mine rivals the greatest gold finds,
such as the Granite Mountain and
Homestake. It is even a bigger strike
than the former. for there is no pros
pect of its ever giving out. Its for
tunate owners have the wealth of
Monte Cristo in their grasp in this
mine. And now the discovery of
fissure vein vindicates a theory long
held by old miners that just such a
body of ore existed in this vicinity
There is not another mine in all the
hills that can compare with the Tor
nado if the mammoth proportions of
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
THE GOLD DUST SHOWING.
The Mercur. Mercury's Weekly Min
ing Review.

The discovery of the second or lower
vein in the Gold Dust. mine. as
chronicled last week. proves to he Of
much Importance and viii add greatly
to the value of the ground The vein
is much lower down in the frmation
than the one previously DEVELOPED. so
that 1t viii not be cur cut at any point
on its dip. by the gulches which run
through the ground. Values are being
had this week CT Sc and upwards and
the vein is strong and regular. We are
Informed on good authority that there
Is nothing in the report that the COM
pany viii lease the Marion mill for a
trial run. The company intends TO
build its own mill and they expect to
build it soon. It would be in course of
construction even now had not I'M
looked for circumstances arisen. which
have hindered somewhat.
The Sacramento is coming to the
front and good reports are received
from the property The mill is grinding
steadily and treating about ninety-four
tons of ore daily, and saving the values
nicely, and the trouble experienced with
the. magnesia in the ore seems to have
been entirely overcome. The ore to sup
ply the mill is secured entirely in doing
development work, and the large ore
reserves are being constantly added to.
There is talk that the mill win be
enlarged at once, but we are
informed by the management that |
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
Boston Wool Market.

Boston. July 2.-The Boston CONNER
cial Bulletin Will say tomorrow OF the
wc=, market:
The bottom of the wool market was
reached in April. 1883. just before the
Vermont election. All the time fine
staple Wyoming wool was sold in the
Boston market at 80 cents. the secured
pound This week fine Idaho staple
has been sold in Boston on a basis of
43 cents the secured pound. an advance
CT Is cents the secured pound.
This price and other prices that have
risen to correspond. mark the highest
level reached since July. 1896.
Growers in Montana are getting Il
cents 4 pound for wool. A ysar ago
they were shipping wool on co1sign-
ment. with no advances but COST Of
freight.
The sales OF the week are 1901. 900
pounds domestic, and 5.0S4,000 pounds
foreign. against 2.S50,O00 pounds Gomes-
tic. and $3.50 0OO pounds foreign last
week, and 1,4470O0 pounds domestic. AM
$4,000 pounds foreign for the same
week last year.
The sales TO date show an increase Of
45.506.S00 pounds domestic. and 1885,
200 pounds foreign, over the sales the
same date of 1896.
The receipts to date show an Increase
of S02,9n bales, foreign.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
1.-THE LIGHT OF THE WORLD
Or Our Savior in Art. -

Cost over 100000 to publish. Contains
nearly 200 full-page engravings of our
Savior. By the great masters. Every
picture is reproduced from some IA
nous painting. Agents are taking from
three to twenty orders per day. The
book is so beautiful that when people
see it they want il. First glance at
the pictures brought tears to my eyes,
says one. Cleared $50 first weeks
work with the book" says another.
Some high grade man or woman of
good church standing should secure the
agency here at once says every edi-
tor. ''as $500 can soon be made taking
orders for it," Also a man or women
of good social position can secure po-
sition of manager of this territory, to
devote all their time to employing and
drilling agents and corresponding with
them Address for full particulars, A.
P. T. Elder Publisher, 27S Michigan
avenue. Chicago, Ills
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03

- "
/ Rect Shir
Chicago Live Stock.

Chicago. July 2.-There was a fair
Fridays supply of cattle. Prices were
barely steady at yesterdays quota
lions. Poorest to best native steers,
S.7O@445: best calves, 100. The stockers
and feeders trade was not especially
good.
In hogs there was a further decline
of sc. 1t was one of the worst days
of the season with sales at an extreme
range of 3.05@3.45.
Sheep-The lower range of prices
prevailed. although the demand was
better. Spring lambs sold for 3.OOH3. 40
and sheep sold at 2.06G375.
Receipts-Cattle. 5000; hogs, $4,000;
sheep, 5000
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
The GOLD NOTE NINE
Rich Nevada Property Owned by
the Shamrock Company.
A GOLD MOUNTAIN TOURIST
C. H. JACOBS WELL PLEASED
WITH THIS GOLD CAMP.

Which Has About the Best Surface
Indications Ee Ever Saw-Was
Impressed With the Showing in
the Miller, the Surprise and the
observation-disclosures Mines
Horse Heaven Treasure Vaults
Project to Open Them by Means
of a Long Tunnel-Wili Install
Dynamo Near the Mouth of Bull
lion Creek and Operate Machine
Drills-The Chattanooga-Valu-
able Property in Which Colonel
Kaighn Is Interested-The Gold
Dust Showing-The Mercur Mer-
cury's Weekly Mining Review
Tintic Miner Notes-Large Ship
ment of Eureka-Hill Concentrates
Big Strike in the Black Hills
Inezhaustible Supply of Gold in
the Tornado Mine-Taxing Sales
of Stock-Receiver for the Bas-
sick-ore and Bullion-Silver and
Lead-Mining Notes and Person
ais.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
On Wall Street.

New York, July "A veritable mid
summer dullness settled upon the mar
ket for securities today and further
step was taken toward the stagnant
condition to which the market has
been coming for two days past. Deal
ings were very much smaller than yes
terday or for many days past. Vari-
atoms We're small and unimportant.
and no animation was manifest at any
point in the market
The heavy liquidation Of Monday and
Tuesday was undoubtedly an indica-
ton of a widespread conviction that
the upward movement had reached the
limits of safety at present. and today's
market showed even more marked
disposition than yesterdays 10 wait for
an adjustment TO the new conditions
The waiting and the senlistagnation
were accompanied by quite a marked
firmness of tone in nearly all the lead
ing stocks.
Most of the business of the day was
done in the first hour of trading, as
result of orders accumulated over
night.
Business was generally centered in
the leading mortgages, but it is wor-
thy of note that no transactions were
registered in Northern Pacific thirds,
which usually absorbed considerable Of
the dealings. The aggregate sales were
ST. 4S4. 000
Governments were steady on light
dealing. aggregating $1,000
Money on call. easy at 1AG1ls per
cent; last loan, IL, closed at IL. Prime
mercantile paper, 3@4 per cent. Ster-
ling exchange weak. with actual bust
ness in bankers bills at 1864 G4.S1 for
and 4s5s. 64.s6 for 60 days.
Posted rates, 4.S61s@4.S7l5 and $3.50
ASST. Commercial bills, ass.
Silver certificates. 6OA G601s.
Mexican dollars. AZ.
Government bonds, firm
State bonds. dull.
Railroad bonds firm.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
chicago Grain and Produce.

Chicago, July I'm wheat there was
little in the news calculated to affect
values. In the afternoon the market
became weak without any further in
formation on the crops or general out
look and a gradual decline took place.
September was bringing 64A @64ss at
the close.
Corn was by far the most active on
the floor, which is not saying much.
Reports of hot winds in Kansas caused
a general rush of shorts to cover dur
ing the morning. An easier feeling pre-
vailed later in the way, when wheat
declined and the advance was lost.
Oats were fairly active, with prices
within a narrow range.
Provisions were weak all day.
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
The Same.
Old SarsaparilIa.

! That's Ayers. The same old
sarsapsri1la as it was made and
sold by DR.. J. c. Aver SO gears
I ago. In the laboratory it is
4 different. There modern app1i-
ances lend speed to skill and
( experience. But the sarsapa-
} rills is the same old sarsaparilla
that made the record-5O gears
J of cures. Why don't we better
, it? Well, we're much in the
/ condition of the Bishop and the
Z raspberry: Doubtless, :" he
said, "God might have made a
better berry. But doubtless,
also, He never did Why
don't we better tie sarsaparillas
We can't We are using the
same old plant that cured the
| Indians and the Spaniards- It
has not been bettered. And
J since ace make savsaParilla COM
pound out Of sarsapariila plant,
we see no way of Improvement
Of course, if we were making
! some secret chemical compound
we might. -. But we're not.
We're making the same old sar-
sspari11a to cure the same old
diseases. You can tell it's the
same old sarsGpGriIlG be-
cause it works the same old
cures. It's the sovereign blood
purifier, and-it's Ayers.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
A GOLD MoUNTAIN TOURIST.
C. z. Jacobs Well Pleased With This
Promising Gold Camp.

c. H. Jacobs, of this city, who mas
just returned from q visit Of inspection
of Gold Mountain district. has returned
home, and when seen by q Herald 70
porter at his office yesterday. he had
a fine array Of gold quartz spread Out
before him on the table. every specimen
of which was ricH N free gold and
values in the form Of tellufides.
In speaking Of the district, Mr.. Jacobs
stated that he was well pleased with
the surface showing. and that with but
one exception II was the best that he
had seen anywhere, and he has had
years Of experience in gold mining.
In referring 10 the different mines
and prospects OF the district, Mr.. ia
cobs stated that there IVES q very nice
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
TAXING Sales of Stock

Denver. July 1.-THE decision of the
caucus of Republican senators to place
tax on all sales OF. stock created con-
sternauon on the Denver and Colorado
Springs Mining Exchanges. where
many cheap stocks are deaf in. RAM
say c. Bogy, president of the Colorado
Mining Exchange, expressed the belief
that such a tax would be unconstitu-
tonal, but said such law would be
evaded anyhow by transferring agree
ments instead of the stock itself.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
Receiver for the Bassick

Denver, July 2.-Judge Allen today
appointed John C. Montgomery re-
ceiver for the Bassick mine, which is
said TO be worth over 81, zoo, 900, pending
a decision in the litigation that is in
progress involving the title to the
property.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-07-03
Kansas City Live Stock.

Kansas City, July 2.-Cattle-Re-
oelpts, 5000; market steady to strong
Texas steers. 3.00GS.S5; Texas cows
4 wv nasiNe Steers 5.svg S-Vo; ma
ers and feeders, s.O0Q4.s5; bulls, 2.65G
$50.
Hogs-Receipts. $4,000; market weak
to 10c lower Bulk of sales. 3.2503.371s
heavies, 3.2043-30; packers, S.I5Ga271a
mixed. 3.2Gq3.30; lights, 3.15@3. 27I5
Workers, s.25qS.2715; pigs, S.OOQ3.2O.