The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-11

Western Union-Bar silver. CAS- !;
cents; lead, $S.05; casting copper, II
cents.
United Press-Bar silver. 645s cents;
lead, S3.20W$S.25; lake copper, II cents,
Mining Notes and Personals.
Bullion-Beck stockholders were exceed
ingly happy yesterday, and they had good
reason to be.
TIE Deep Creekers are feeling in ex-
cellent spirits over the outlook for the
building of one or more railroads into
that region this season.
1t is stated that the work that is being
done in the development OF the Stem
winder group in the Silver City country,
is showing up some very encouraging in
dications.
Times, Albion, Ida: The Comora,
Badger, Merning Star, Alice. Walton No.
and ,. and the Melcher, are few OF
the prominent mines of Conner creek that
are actively engaged.
Lindsay Hudson, the popular secretary
and caller of the mining exchange, has
been on the sick list for the past few
days, and during his absence his father
has been attending to his duties for him.
Butte Inter-Mountain: The Bald Butte
mine. owned by Helena capitalists, has
resumed the payment OF dividends. The
nine in 1886 is reported having made
--oht of $3S. S45.22, or 16 per cent of the
ca0ital stock.
The Hercules company, which incorpor-
ated few days ago on group of claims
located on Lion hill. in Ophir district, IS
employing two shifts in the driving OF
tunnel on its ground, and it is stated that
the indications are very favorable.
It is stated that the ore bodies in the
Overland. at Sunshine, are opening out
= most encouraging manner. and that
there seems to be no end TO the milling
product of this property. which should be
in shape in the spring to justify the
erection of d mill.
Two carloads of Phoenix ore. from
Bingham, We're marketed yesterday by
Mr.. Tibballs. the lessee Of portion OF
this valuable property The Phoenix has
a magnificent showing of ore in its WORK
ings, and il is expected that with the ad-
vance of lead quotations this mine vgill
come to the front once again as a heavy
shipper.
The Galena Mining company failed to
declare its regular dividend of 50. 900 yes
terdav. One reason for this omission, so
it is said. is the fact that the majority
of the directors of the company are ABB
sent from the city 1t Is the general I'M
preston, however, that for some cause
or other it is the intention OF the COM
pany to skip the dividend this month
Colonel S. b Miner and Joe Smith. OF
the Geyser-Marion Mining company went
out TO Mercur Yesterday for the purpose
of taking formal possession of the cor
sol;d2ted properties of the GeySer and
Marion mines. 1t is the general under
standing that Superintendent II. l.. Ben
ner of the Geyser mine and mill, will be
put in charge of the property by the
new company.
Ben c. Jordan, the well-known civil
and mining engineer, who has been TAX
ing a special course this winter with Cap
tain F. NJ. Bishop. the popular assayer, |
expects to leave the last of the weel, for |
Tuscarora, New, where he will take a |
position with the Dexter Mining COM |
Dany as assayer and mining engineer.
II o,-I1 &c oil ali
and is just the man for the place
The Bennett Amalgamator. an illus |
traIed write-up of which appeared il !
these columns q few months ago. is about /
to resume operations on Green River. /
Utah. about nine miles below Green River |
station. The experimental run with this |
machine last year was very satisfactory, |
and now that some improvements have |
bee-, added to the plant it is expected |
t-at it will be worked at profit this
season.
Recorder, Anaconda, Mont: General
Charles S. Warren passed through Ana
conda Saturday on his way &c Rossland,
B. c. In speaking about the report that
mad been published to the effect that the
owners of the famous LIE Roi mine had
refused over S4,0O0,OO0 for that property,
situated near Rossland, he said he had
see. the report, but that his latest adj
7ices from London led him to believe that
the property had been sold to a large
English syndicate.
Madisonian. jefferson. Mont: The
Be-tsa mill viii be started up in about
en days. Mr.. Hathaway informed a
Madisonian reporter last week that the
,oiler and engine are in place, and other
machinery, rock-breakers, pulverizerS,
re on the ground and will be put in posi-
co.. forthwith. The outside work is
inished with the exception of two receiv-
NJ bins, one of which will be at the
NINE the other at the mill. but these
will be put up forthwith.
little stir in mining circles has been oc-
asioned by discoveries of good bodies of
Upper ore at White Bird on the west side
# Salmon river. 1t is reported that
meter. and returns show 40 per cent
ooDer and 70 ounces silver per ton. The
re is principally a black oxide. with
pockets and stringers of silica.
howinG much native copper. The prop
IT, is now being worked by Occur
rAlene men who have a shaft down at
his writing 30 feet.
Whether it is the blasting that is being
ere in the development of the mines OF
L. Nebo, or from some other cause, it
) stated that in the canyons of this
fountain there has been more snowslides
,.s winter than ever before, in conse-
uence of which the canyons are piled
lll of snow nearly to the tops of the
.lls. and now it is almost an assured
act that the water supply for the valley
Glow viii be sufficient this season for
IL requirements. IN TINS cOnnectlon IL is
tated that the reservoir at Mt Nebo is
s full now as it was a month later than
ne present time a year ago.
Democrat, Baker City. Ore: The
agular monthly output of the Virtue
line was brought to the city yesterday
lo-r:ng and left at the First National
AMI for shipment TO the mint 1t
to $4,000 which is the sum
.at Superintendent Risdue figures on
ringing in each month sld he has never
allied. The lower workings of the Virtue
Re now at a depth of 100 feet and here &
to be found larger bodies of ore and
verage richness than in the upper levels,
lowing one thing conclusively that the
:-tue lead is permanent and richer as
eDth is attained.
The use of the same name by mining
)mpanies is at times the cause of !
reat deal of confusion, to avoid which
reat care should be taken. short time I
90 the Buckeye company of Mercur lev S
d an assessment on its capital stock.
II there are many who have become
,mewhat mixed and are laboring under