The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-08-17
Mining NOTES and Personals.

AS a general thing gold stocks are
making decided gains and considerable OF
this class of securities is changing hands.
The gold fever has struck Beaver
county and thorough search will now
be made in that practically virgin sec
ton for deposits of the yellow metal.
J. Y Smith is back from Kelton, New,
where he has been on prospecting eX-
petition. He brought back With him some
fine samples of gold and copper ores.
Colonel S. B. Miner of the Geyser-
Marion, was out TO Bingham yesterday
making an examination OF the Petro, in
Carr Fork gulch, in which large bodies
of good lead ore are exposed.
John Heinrich, ons of the officers of
the North Mountain Mining company, re-
turned yesterday from Cherry Creek,
New, where he has been for the past
month or so engaged in overseeing the
erection of the new mill.
The KlondiRe fever is still raging in
mining circles in Utah and quite a num-
Der have expressed the determination of
going to this land of promise in the
country VIII know more about that
region, and they will be able to profit by
the experience of others.
Silver touched 54%-eents yesterday and
it is the prevailing opinion that the white
metal viii go still lower It is hoped
however that the bottom will soon be
reached, and also that lead will hold its
own or even advance which looks prob
manifest in industrial pursuits.
Otto Hudson left yesterday afternoon
for Free Coinage mining district, Tooele
county, for the purpose of making an
John Beck. Mr.. Hudson was in this sec
ton several years ago, and he states
that 1t is well mineralized and a camp
OF merit as far as its gold and lead de-
posts are concerned.
With the growing boom at Mercur the
Salt Lake & Mercur rail road is doing an
increased business, and Manager ]. c.
Jacobs states that the road is now
over 5000 tons of freight besides a very
heavy passenger traffic. The little road
has done much towards the growth and
development of Mercur and is now one
western country
1t is given out by Associated Press re-
ports that in Colorado the smelters and
railroads are willing to make a reduction
in smelling and freight charges in order
to Keep the silver mines of the state
from closing down, and also that the
miners have offered to accept a cut in
wages rather than be thrown out of en-
ployment. This precedent might we'll be
followed by the smelteEe, railroads and
miners of Utah. as a reduction is prefer
able to the closing down of the mines.
Hon. c. E. Allen. general manager of
the Centennial Eureka. who has just re-
turned from a visit to the mine, informs
The Herald that the property is looking.
just about as nsual and that deyeiop
mcnt work is being pushed into new
ground Mr.. Allen also states that he
has heard confirmatery reports regarding
the recent important strike in the Home
stake in the Silver City end of the dis
trict,. and also that sit is reported that
fine body of good copper ore has been
disclosed in the Northern Spy
Charlie Bechtol of this city, who left
home a month or $50 ago with the deter
mination of experiencing for himself how.
it seems to have to rely on his own
resources for a living, writes TO his
father that he has a good position with
Captain Lusk at the Tip Top mine. a
short distance above HALEY. Charlie had
the theoretical part of mining at his
fingers ends, and now he wants to ac-
quire the practical part Of it, A new mill
is being built at the Tip Top, which is a
promising gold producer