davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
TEE PhOPAkTY PURCHASED BY DE LAEl1A-
SHADED PORTIONI

stock companies on the slenderest rea-
sonable basis. The total capitalization
Of California mines is $4S 10000, on
which $9.S10,5S1 have been paid as div
idends-about Il Is per cent.
Alaska dividend payers, the Alaska
Mexican and Alaska readWell mines,
which have been in operation nearly 20
years, have a capitalization of $6,000,-
coo, upon which have been paid divi-
dends to the amount of ST. ,031-
about 90 per cent.
Montana with its almost inexhaus-
tible deposits of copper, which have
been operated almost constantly for
more than 20 years, has a capitaliza-
ton of S77 100 600: has paid dividends
cent. Even in that state With its ex-
ceptiOnal advantages, only four prop
critics have paid dividends in excess of
their capital. The Bald Butte paid
$4S2, 900 on a capital Of S250000; the Bos-
ton 6, Montana Consolidated has paid
So 275.000 on S3.750,000 of capital: the
Granite Mountain paid S12120 600 on
100000 600 capital and the Hecla Con-
solidated paid So 10000 on 81, 100000 cap
ital.
South Dakota. with its great deposits
of free milling GRE unOn which the
stamps have been dropping necessarily
fer two decades. has q Capitalization
Of $ScC00.000 on its dividend payers. and
has paid in dividends S10.978, 6G8-a little
more than 20 per cent.
1aho, which also has a record of
y rnous deposits of ore has dividend
payers capitalized at $9,500000, upon
which S3.0e5.G00 have been raid in diVi-
! dends-S9 per cent in round numbers.
Nevada. which has two dividend pay
ers still on the list, With . capital Of
S31.Ce0,000, has paid on these S3,975,S0O
in administrations s per cent.
Utah. with dividend payers capital
lied at $50, 10000, has a record of $29,-
21i.300-1early 90 per cent.
British Columbia, With some of the
greatest t5Gies of orc known in the
mining world. has dividend payers cap
i;alized at $5,S00,0G0, upon which divi-
dends amounting to 81. 6S7. $50 have been
paid-a tride less than so per cent.
From the above it can be seen that
with the exception of Alaska the mines
Of Utah have paid the largest percent
age in dividends, according to capitali-
cation.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
The Blackstone Mill.

j White. the well-known miIlwright,
has just returned from Bear Lake
county, Ida. near St Charles, where
he has completed the erection of a 100
ton concentratcr on the Blackstone
mines. owned by W. C. Dodge OF this
city on which Messrs. Raht and Loom
is, with their associates, have a lease
and bond.
Mr. White states that the plant has
been started up in a most satisfactory
manner, and that the outlook for the
enterprise is excellent, as in the prop
erty immense bodies of galena ore have
been uncovered. some of the mineral
going as high as 50 per cent lead, and
it is a splendid milling proposition.
The country in the Bear Lake region
is well timbered and Watered and, with
the showing Of ore in the mine. it is
believed that the Blackstone will soon
rank as d paying mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
SUCCESSFUL WOMAN OPERATOR.
Secures a Bond and Option on the
Don Juan Mine.

Mrs. A. S. Jacobs of Portland, Who
has figured in number of important
mining deals, prominent among which
being the sale of the famous Bonanza
for $4,000, says the Democrat of Ba-
ker City, Ore, has secured an optional
purchase of the Don Juan mine in the
Bonanza district
The Don Juan is the property of
Charles A. Smith of Denver, and the
purchase price agreed upon is $50, 600.
Of this sum $4,000 has been paid in
cash and the balance will be settled
at the expiration OF six months, that
is, if the expected and almost certainly
fine showing is made by the mine by
the operations of the new hands in
charge of this splendid property.
The Don Juan has already in opera
ton one of the finest and most efficient
ten-stamp mills in the west. There is
q good strong ledge of from four to 40
feet in width, the ore being of uniform
and splendid paying grade. The ore is
free milling and of the characted which
readily yields the golden treasure from
the gigantic hammering of the quartz
mill stamps
The mine is now very fairly devel-
oped and will be much more extensive
ly opened up by the new operators. The
mill viii be kept steadily dropping it's
stamps. The officers of the mine and
mill are to be: e. Griffith, superin-
tendent; John Arthur, assayer, and
William Sprint, engineer.
The Democrat also says:
Ferd Bloch has sold his Wide West
mine, situated in the Sparta district, to
Portland parties, and it is reported
that active development will be COM
menced and pushed during the winter.
The well known Ollie Woodman
group of mines was sold q, few days
ago to Portland capitalists for $1,000.
The new owners win in a short time
begin development work with a view
to putting the property on a paying
basis.
Capitalists have secured a working
bond on the White Bird mine, owned
by Clark and Huffman. The bond is
for six months, and the consideration
is $4,000
w. P. Ready. manager of the East
Eagle Mining company, is at the COM
pany's mines in the eastern part of
Union county and is making arrange
ments for resuming operations there.
Work has been suspended the past
year, but a force of men will be put to
work as soon as possible, developing
the mines and getting out ore for re-
duction at the works of the company,
located on East Eagle creek.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
The Value of Small Mills.

Mill owners and mill men are con-
sidering the question of the utility and
advantage of adopting small stamp
mills in place of larger ones of the
usual ten and 20-stamp size, says the
San Francisco Examiner The foun-
dries have been turning out a very eff
fective small mill of two, three and
five heavy stamps, claimed to do more
work to the stamp than the ordinary
mill. The idea is to have q succession
of these small mills, each with it's dis
tinctive pulley from one main shaft
thus enabling each mill to be cleaned
in turn and the work to go on contin-
ually without interrupting the work of
more than one mill. The arrangement
of concentrators is simple, as it is but
to turn the pulp from two batteries to
one concentrator, and the ore feeders
have merely to be regulated to suit the
capacity of the mill. Owing to the
greater area OF discharge, it is claimed
that a three-stamp mill is equal to the
ordinary five-stamp mill. In connection
with this style of milling, great claims
are made for the neWlyinvented Whitley
concentration which is said to be a
wonderful gold and sulphuret saver,
and is coming into use in Colorado. 1t
is usually commended by those using it
as doing the work of two ordinary con-
centrators. The improvements con-
stantly being made in methods of mill
ing and working ore are greatly sim
plfying the process and enhancing the
product, enabling low-grade ores to be
worked at q profit and bringing that
class of mines to the front, and many
such that we're formerly abandoned are
being taken UP and reopened. There
are hundreds of such that will now be-
come important and profitable pro-
ducarS
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
the distribution of velvet for a life

the distribution of velvet for life
time
AS for Captain De Lamar this frac-
ton of the Resolute is a, valuable ac-
QUESTION to his holdings in more ways
than one, and the fact that he was will
ing to pay the price demanded viii
DO MORE FOR THE CAMP
than anything that has transpired in
the district since its formation. and es-
pecially so when it is remembered that
he has already expended hundreds of
thousands of dollars in the camp so far,
without taking out a dollar. besides
which he is now building one of the
largest. most complete and most eX-
pensive mill ever erected in any min
ing camp in the United States.
AS a matter Of fact. there are but
few who can conceive of the wonderful
possibilities of Camp Floyd district, and
although the camp is q wonder at the
present day, Il IS. safe to say that as
yet il is only in its infancy. and that
the present showing is as nothing in
comparison, TO what the future has in
store for the district.
Besides the Golden Gate proper, Cap
tain De Lamar is the owner of
THE BRICKYARD NINE,
adjoining the Golden Gate on the north,
besides which he is the possessor OF
many other valuable properties
throughout the camp. As a gentle
man who is not afraid to spend money
in developing and proving the value Of
mines. CAPTAIN De Lamar is q good
man for any camp, and his methods are
to be admired; and in this connection it
is safe to say that there are not many
mining men who have exhibited the
nerve that he has and whose opera
tons have been so generally followed
with remarkable successes.
Mr.. Cohen. as the medium between
the interested parties and also an in
terested individual has displayed
praiseworthy business capacity and
tact, and the way that he has handled
the transaction has been agreeable and
satisfactory TO all concerned.
The accompanying map viii show the
portion of the Rcsolule claim absorbed
by the Golden Gate group by the
transaction.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
STOCKS ACTIVE ON CHANGE.
The Bull Element Secures Possession
of the Board.

The pit of the exchange yesterday
was the scene of unwonted activity and
in the pitched battle between the bulls
and bears the former came out victori-
Gus. several transfers being made in
the meanwhile and generally at an adj
vance
As a matter of fact. trading was
brisk in the pit Yesterday and the week
closed with heavy transactions to its
credit, Mercur being boosted up to
$3.50 in the bidding. at which figure it
was quickly snapped UP by one of the
members who was. loaded with orders
for this gilt-edged security, the adj
vance being based on the knowledge of
the deal between CAPTAIN ]. r. Della
mar and the Mercrr company. Geyser-
Marion was also a favorite and cIron-
iced sales at $1.1O while Galena sold
at an advance and was in good de-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

Yesterday . deal was coasummated
whereby Captain J. r. De Lamar paid
the Mercur Mining company the hand
some sum of $257. 500 for less than seven
acres oe ground, wherein the captain
proved his faith in the future of Mer-
ours mines. and also that he is blooded,
and not afraid TO back mp his judgment
with his millions for this price, paid
for such q small tract. demonstrates
without a doubt his opinion of the Ill
innate outcome of the camp of Mercur
in general, ard Of his own holdings
there particularly.
Two weeks ago the bargain between
CAPTAIN De Lamar and the Mercur
company, through the captains agent
and general manager, Mr.. II. A. Cohen.
was nracticaily completed. The sum
of $4,000 was paid down TO bind the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
WHY PROOF IS OFFERED
An Interesting explanation by Drs Shores & Shores VIII
They Present New Evidence Of Their Skill Each
Week, Even When Everyone Knows Them
to Be Absolutely Reliable, Competent
and Successful.
1t Not Wasting Money Use Space the Press to Prove
Fact Already Admitted by the People-Drs.
Shores Tell Why.


ally presenting the
beyond question the successful specialists in the West today
o
hav a
a to
in Of
practice
educating
earning
your present
to New
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
KoTzEBUE SOUND.
Spring Exodus Directed There In
stead of Klondike.

San Francisco, Nov. 13.-An exodus of
gold seekers to Kotzebue Sound next
spring is now an assured fact. Hun
dreds of men who decided upon start
ing for the Klondike next March have
changed their minds and will make for
the new Eldorado Captin b Cogan,
who brought the news of the gold finds
down on the steam whaler Thrasher
is enthusiastic over the matter and he
and his two sons have perfected ar
rangements to go to Kotzebue Sound
next spring. They have purchased the
Alaska and will fit her out for 200 pas
sengers. There will be no mountain
climbing, no Ions overland or river
journeys, and few hardships if pros
pectors take plenty of provisions. a
few weeks ago two miners We're forced
to leave the region because of a lack
of food, but they brought $4,000 with
them, the result OF six months work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
De LANAR'S BIG DEAL
rays Many Thousands For q Frac-
ti0nal Claim.
CHECK FOR A GOODLY SUM
INCREASES THE MERcUR COM
PANY'S CASH ACCOUNT.

Portion of the Resolute No. 2 Claim
Added to the Golden Gate Group
Mercur Stockholders Looking For
Increased Dividends-A Paying
Investment-What the Dividend
Payers of the West Are Doing
Stocks Active on 'Change-Bull
Element Secures Control IN the
Pit-Bingham's Copper Belt-A
Foot Of 40 Per Cent Ore Found
in This zone-The R. & a. Nest
ing-A Complete Reorganization
of This Tintic Incorporation-Suc-
cessful Woman OBSERVATION-DISCLOSURES
Bond and Option On the San
Juan Mine-surveyor Generals
Ofice-The Blackstone Mill-The
Mercur and G.-M-Ore and Bull
hon-Silver and Lead-Mining
Notes and Personals.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
Old Telegraph Stag Dump.

West Jordan. Nov 13.-Several par
ties are operating on the Old Telegraph
property. digging some and working
over the old Stag dump.
The Mills brothers, Henry Mullett
and Charles NJ. Hanson have a lease
from the company and with the per-
sistency with which they push the
work it is evident that smelling pro-
cesses in early days have left some
thing worth picking UP even now.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
CACHE "COPPER" BOOM.
Scores of Locations Made in Black
smith Fork CANYON.

Logan Nov. 13.-Parties of prospec-
tors and mining men are daily setting
out for Saddle creek. in Blacksmith
Fork canyon, the place where the new
copper strike has been made. Three
parties started UP the canyon today,
and there promises to be quite a camp
on Saddle creek before long. Scores Of
locations have been made, and every
one who has been there thinks that
Cache county is on the verge of an
other mining boom.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
survevor Generaps Office.

The Herald is informed by Judge
Blar, United States surveyor general
for Utah, that tomorrow he will lay
off two clerks temporarily, on account
of the light business in the mineral
department OF his office.
The only application for mineral sur
vey for patent made during the past
week was by L. e. Holden, for the
Kingston lode. in West Mountain dis
trict. J. F. Smith was appointed to
make the surveys.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
A PAYING INVESTMENT.
What the Dividend-P Payers of tn
West Are Dnino.

The. Denver Republican states that
the dividend paying mines of Colorado
have paid SCI, S39, 1914 on a total capital
ization of $9S, 75o, 600, or % per cent.
The Republican then follows with a
review of what other mining states of
the west have done in this line as fol-
lows:
The mines of California. are nearly all
stocked. The floating OF large capital
iZations originated in that state, and
it has become the fashion here to form
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
The Mercur and G.-M.

George Dern of the Mercur and Gey-
er-Marion, who returned home Friday
evening, after spending two days in the
camp, looking over the mines, states
that they are in excellent condition,
and that the third ore vein in the Mer-
cur, as exposed in the Ruby ground
is developing handsomely, while the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
W.. e. HUBBARD & 90.

ANOtl1 Is IelIO.
216 10 rods, 4 room cottage,
Ninth South, near N. w. corner of
Liberty Park-Bargain, $4,000.
z room modern brick cottage,
choice, close in, location north bench
SO, 500.
AZ 10 rods, Ninth East, room
cottage, bath, city water, etc, So, 100.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

bargain, the balance of the purchase
price to be paid upon the return OF the
deeds from Nebraska, With the sigma
lures of the resident directors Of the
Mercur company of that state.
These deeds We're returned several
days ago, Mr. Cohen returning Friday
night from a visit Of inspection of the
De Lamar mines at De Lamar, New,
and yesterday, at 2:30 p. m. Mr. Cohen
presented Mr.. bern, the president of
the AIercur company. with
CHECK FOR S212, 500.
when the deed to 69-1O acres of the
Resolute No. claim was delivered,
which completed. What is probably the
largest mining deal ever effected in the
stale of Utah, the size of land pur-
chased considered.
In speaking with Mr.. Cohen yesterday
in relation to the transaction the state
ment was made that it VAS made for
two reasons, one OF which being that
Captain De Lamar wished TO straighten
out the southwestern boundary of his
Golden Gaze property, W hile he was
satisfied that in the fraction purchased.
wlc:cla is a little less than a third Of a
fun claim, there was sufficient ore to
Justify the purchase: and continued
Mr.. Cohen. we are well satisfied with
what we have done.
Mr. Dern was in a pleasant frame of
mind yesterday when approached by
representative for The Herald. and
stated that while the deal was Of hand
some proportions. there was not much
to say concerning it, otherwise than
that the dividing line between the Mer
cur ground and De Lamars holdings
lad been practically Strengthened by
the transaction, which was a subject Of
- 10 q Nv AarlN
also said that the portion of the ResO-
lutte No claim purchased by Mr.. De
Lamar had never been worked or de-
Seloped in any way by the Mercur
company. but that the company. had
given the captain permission to cut
through it in going from one portion of
the Golden Gate property to the other,
and this had been done. and although
Mr.. Dern did not say so, it is the sup
position that in taking advantage of
HE courtesy extended by the Mercur
company. the mineral value of the frac-
ton had, in measure, been deter
mined
a SMALL FORTUNE.
When asked what would be done with
The small fortune which has been added
ia The NIercurs bank account through
the transaction, Mr.. Dern stated that
this would have 10 be determined at
a meeting of the board of directors. On
The outside, however, there is consider
able speculation as to whether it viii
be paid out TO the stockholders of the
company in the shape OF a special divi-
dend. or whether it would be utilized in
the payment Of increased regular divi-
dends from this time on until the pot"
is exhausted.
In any event, the stockholders will
benefit by the deal, and the stock Of
the company has materially enhanced
in value during the past q hours. and
it is believed that if this surplus is used
in the way of increased dividends that
by the time the money is paid out the
mine VIII be in shape so that the in
creased dividend viii be perpetuated in
definitely. as it is estimated that the
amount Of mineral contained in the
Aercur ground is sufficient to maintain
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
Ore and Bullion.

The ore and bullion receipts yester-
day we're as follows:
Mccormick & Co., bullion, $4,000; ores,
$3.50.
T. r. Jones & Co., bullion, 81, 500
Bamberger & Mcmillan, ores, So, 446.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
Silver and Lead.

The silver and lead quotations yes
terday were as follows:
Bar silver, 57a4 cents.
Lead, brokers'. $3.50.
Copper. brokers', $1O.S5; casting, $10.25.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

NOTICE IS HEREBY GIVEN THAT
the annual meeting of the stockholders
of the Kyune Graystone company will be
held on Tuesday Dec. "A. 1897. at 2 p. m.
at the Office of the company. 4 and Gull
mer block. for the election of officers and
tine transaction of such other business as
may properly come before II.
KYUNE GRAYSTONE co.
II. L. a. CULMER, Secretary.
Salt Lake City, Utah, Nov. Is. 1897.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
Delinquent Stock For Sale.

Salt Lake Mining & Imp. association.
Delinquent shares are now for sale at
the office of the association, 424 and AS
ALIAS block
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
HOME TREATMENT CURES

No one deprived of the benefits of
Drs. Shores treatment because iv-
ing at a distance from the Office.
The same wonderful and uniform
success attending the treatment of
Drs. Shores in their Office is found in
their home treatment of patients by
mail.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

Mr. Spar, in conversation with the
writer said: II am glad to be able to
tsetifW to what Drs. Shores have done Tor
me-not because 1 want publicity, but be
cause / think it viii help others who SUI
fer as [ did. 1 nave been railroad sec
ton man for fourteen years-have been
oil over Utah. Idaho and Wyoming. and
subjected to all kinds of weather. ! con-
tracted Catarrh which so run me down |
was greatly debilitated. l have suffered
for years, and tried many different treat
ments, but to no use. [ was always
hawking and splitting, my stomach was
affected by It'll could not sleep at night
on account of dropping into my throat
and [ coughed all the time, particularly
a short time back. and began their treat
ment. want to say mere that hat, | I'M
ment and have Kept on improving ever
since. Many of my symptoms are entire
" gone-all of them are better. and [
Know / am almost cured now-and viii
be entirely cured in a short time. You
can say for me that ann 4 different man
and am proud to indorse Drs Shores
New Treatment.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

second vein discovery in the Geyser
gives promise of opening out into some
thing big.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

if it is your desire to delve down into
the bowels of the earth in one of the
richest camps on this or any other con-
tinent, with nine chances in your favor
to one against you of uncovering an
everlasting fortune, do not hesitate,
and act quickly in the premises.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
SPECIALTIES:

AL diseases Of the Eye, Ear, Nose,
Lungs, Stomach, Liver, Bow
els, Kidneys, Bladder and all Chronic,
Nervous and Private Diseases of both
sexes, and diseases of children, $500
C. month for ali Catarrhal Diseases.
Medicines furnished free.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14
DELINQUENT ASSESSMENT NO
TTNE

DELINQUENT ASSESSMENT NOTICE
North Star Mining and Milling c0sn-
pany. Ogden. Utah. Nov. II. 1897 There
are delinquent upon the following shares
of stock on account of assessment No. 1,
levied Oct. Z, 1897, the several amounts set
opposite the names of the respective
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-11-14

And in accordance with law and the or
der of the board of directors so many
shares of each parcel of the above enu1n-
Grated stock as may be necessary will be
sold at the office of the company, room
AS Ueah Lean and Trust company build
ing, Ogden. Utah. on the Both day of No
veTnber, 1897 at Il O'Clock, noon to pay
the delinquent assessment. together with
cost of advertising and expenses Of sale.
: Fl. KNATSS. Secretary