davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

Unless all calculations fail the Gey-
ser-Marion Mining company will have
a legal existence tomorrow, and the
consolidated Geyser and Marion prop
critics will pass under one management
Herald readers are familiar with the
legal battle that has been waged be-
tween the Geyser and Marion mining
companies relative to the title to GER
tain ground that was in dispute be-
tween them, and we know that it is
with pleasure that it was learned that
the two contending factions had agreed
to settle their differences by a con-
solidation of their properties; in pur-
Suance of which it is the intention to-
morrow to file the articles of incorpora-
ton of the new company, which have
already been duly signed.
In the formation of the new corpora
tion the capital stock is placed at
and according to the terms of agree
ment this is to be divided, 100000 to
the Geyser stockholders and 100000 to
the holders of Marion stock.
The places of honor and trust have
been evenly divided between the Off
Gals of both of the old companies, and
when the papers are filed the new
DOarQ Will be as follows:
Theodore Bruback, president; NJ. T.
Osborn. vice-president G. r. Booth
well, secretary, and S. B. Miner, treas
urer, and these, with S. T. Pearson,
constitute the directory.
As stated before in these columns,
the property embraced in the CONSOLE
dated holdings comprises some of the
richest gold claims to be found in the
camp of Mercur, while the milling ca
pacity of the two plants is all of $50
tons of ore daily, and it is stated that
1t is the intention to increase this ca
pacity early in the spring.
The company is free from debt and it
is stated that even now there is de-
mand for the stock Of the new COM
pany at $3.50 a share, and The Herald
representative is informed that the
company expects to begin the payment
of regular dividends by the first of
April, and that it is believed that in
the start these dividends will amount
to $4,000 or $4,000 monthly.
The Geyser and Marion properties
will be turned over to the new manage
ment on Wednesday of this week.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
so Years of Cures.

quickly recovered, however and a fur
ther advance followed. Receipts at
Chicago We're IS cars and 70. $50 BUSH
els were taken from store. Exports at
Atlantic ports We're liberal at 35S. 239
bushels, closing continental cables were
irregular. May wheat opened from
from 751a to 75%. advanced to 77k,
closing at n, AQSs higher than yester--
day Estimated receipts for Monday.
IL cars. No. 2 red spot wheat ranged
from S412QS71s, closing about S60S7.
Corn-Lighter receipts of corn than
expected. 562 cars, impaired a steadi-
ness TO the market for that grain at
the opening. Firmness, based on SYM
pathy with wheat, followed but
throughout the trade was rather hum
drum. Cables from Liverpool were
quiet and unchanged. There were no
Withdrawals from store. Export clear
ances amounted to 554 ,S5S bushels May
corn opened at 241s@24A. advanced to
24Ss. closing at 2414 @242s, - higher than
yesterday. Estimated receipts for to-
morrow, 500 cars
OatS-There was nothing new to re-
cord regarding oats. It was purely a
sympathetic market deriving a tone
of firmness from the surroundings. Re-
ceipts were 321 cars and 1850 bushels
were taken from store. May oats
closed a shade higher. Estimated re-
ceipts for Monday, 800 cars
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
Chicago Live Stock.

Union Stock Yards, Chicago, Feb. G..
Less than $4,000 cattle arrived this
week, being several thousand below
steers have sold actively at advances
of 15Q25 per cent, the gain being more
or goOd shipping cattle than on com
mon dressed beef stock. Butchers
stock has advanced 10030c. and good
feeding cattle are 1061,c higher The
market closed strong today, the re-
ceipts this week averaging 5arely $500
Fer day.
DIi,'ng tic last half of the week the
receipts of hogs have undergone a
marked falling off. as country shippers
were losing heavily. The arrivals to-
day were estimated At only 1900 head.
Stock is still coming good IN quality
and very fat. Sales were readily eff
fected. but prices have averaged 5GT10c.
lower than those last week The mar
het today was firm.
The supply of sheep today was small
and prices were steady. The total re-
ceipts for the week were IS, 95o head,
as compared with 64,017 last week. and
1921 for the corresponding week a
year ago.
Receipts, 400 Common beef
steers, 9.60@4.5O; cows and heifers.
choice to prime. 3.60@4.2O: calves. good
to fancy, 5.50Q6.5O. Other prices I'M
changed
Receipts. 14.00O Heavy pack
ing and shipping lots, 3206450: light.
3.40W3.50: pigs, 32005.40.
Sheep-ReceiDts, 1000. Inferior to
choice, 2.5OQ4.00; lambs, 35065.OO
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
MINERAL PATENTS ORDERED.
People Who Want Title to Their
Mining Properties.

During the past two weeks the sur
veyor- general has ordered the making
of mineral surveys as follows:
No. 1876, for the Happy go-Lucky
lode, in West Mountain district. APP
plication made by the Badger Mining
company through its attorney, Sam
Raney. A. p. Hanson, surveyor.
No. 3,376, for the Badger lode, in West
Mountain district. Application made
by the Badger Mining company,
through it's attorney Sam Raney A. p
Hanson, surveyor.
No. 1917, for the Madison lode, in
West Mountain district. Application
made by the Badger Mining company
through its attorney, Sam Raney. A. P.
Hanson, surveyor.
No. 1878, for the William Penn lode,
in Camp Floyd district. Application
made by Peter ]. Pollock through his
attorney, T. c. Bailey. A. lesson, sur
veyor.
No. 1879, for the Douglas No. and
the Dayton No. lodes, in Camp Floyd
district. Application made by NJ. j.
Cheeseman through his attorney, T. c.
Bailey. ]. T. Breckon, surveyor.
No. 1880, for the Sunrise lode, in
Camp Floyd district. Application made
by the Herschel Gold Mining company
Frank Anderson. attorney.
No 1881, for the Edna May, Louise
Nos 1, and lodes. in Camp Floyd
district. Application made by the Mer-
cur Gold Production company through
its secretary, A. H. Mayne. A. lesson,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
GOOD SHOWING IN CLIFTON.
The Systematic Development of the
Great Midas Mine.

B. F Pierson. who returned a few
days ago from Clifton district, in the
Deep Creek country, where he has
been making locations for Salt Lake
parties, including David Smallie, D. c..
Calder, w. E. Weihe and S. H Calder,
states that a large amount of work is
being done by the claimholderS in that
locality, and that in Overland and Dry
canyons a force of men is hard at
work in the. development of the great
Midas mine, which is rich in gold. A
dozen men are also at work on the
property of the Consolidated Oil COM
pany, which is showing up in splendid
shape.
Mr.. Pierson made locations adjoining
the Midas from which he has taken out
ore that assays 20 per cent copper, 81
ounces silver and 1886 in gold to the
ton. This ore was taken from a 6-foot
vein at a depth of 10 feet, and the out
look for the property is most encourag-
ing.
from another sample from a 3-foot
vein at the grass roots values of 1884
in gold were obtained.
1t is believed that the locations made
by Mr.. Pierson will make a record as
shippers at the precious with develop
ment, and it is the intention of the
owners of the same to begin work upon
them at an early day.
According to Mr.. Pierson there is
likely to be a great rush into the Deep
Greek country this spring, and espe-
cially as the outlook for a railroad
into that region is daily growing
brighter.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

shortly to begin, so that il can be run
nlng this spring at as early a date as
possible. The capacity, it is stated,
Will exceed 2G0 tons, and until the COM
pany's mines are sufficiently developed
1t Will probably buy ore and do more
or less custom work
In running the tunnel of the High
land Boy mine this winter, over 40 feet
OF ore has been cut through, of which
it is said about so feet carries pay
copper The development is consid-
cred of immense Importance as estab-
fishing the extent and richness of the
great mineral vein on which the High
land Boy group of mines is located
The company seems to be making no
mistake in planning the capacity of
the new mill, unless it. should prove
insufficient.
Ore is getting troublesome at the
Ruby Native, the Freeman gulch bo-
nanza, and Manager Gibson is planning
to build a road
Manager Dan Clays of the Julia
Dean shipped small lot yesterday
that made up in quality what it lacked
in quantity.
An average of five or six carloads of
ore are leaving the Bingham depot
daily.
The Neptune made another small
shipment this week.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
The Silver Moon.

G. W. Clay is just in from the old
Silver Moon mine at Grantsville, near
the Third Term.
Mr.. Clay recently purchased this
property, which is an old producer, and
he is now working a force of five men
in its development, under the direction
of Fred Rose.
In the purchase of the Silver Moon
Mr.. Clay made a payment down of
$1,000, and he states that he is to make
a further payment of $4,000 from the
product of the property, but he believes
that it will not take him long to do
this as soon as the roads become pass
able, as he is now working in a fine
body of ore that ASSAYS 20 per cent
lead and u ounces in silver to the ton.
Mr.. Clay states that the snow is
quite deep at the mine at the pres
ent time, and that it is difficult to go
to and from the property on this ac-
count.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
LEDFORD'S FAREWELL.
Mass Meeting at the First Baptist
Church Tonight.

Mr. Ledford closes his labors in this
city tonight, having held two sevices
nearly every day for five weeks. The
last two weeks ne has been at the
First Baptist church, where a very
widespread interest has been awak-
ened. He is fearless in his denuncia-
ton of sin and proclaims a gospel
which has the power to save. With a
striking personality and a keen sense
of the humorous, he quickly gets the
attention of the community. Many
people are greatly interested in his
solos. Some of them he has been re-
quested to sing repeatedly. He has
urgent invitations to several points
north. but will probably go from here
to Boise City, Idaho. There will be
baptism this evening also. MI Led
ford also speaks at the IL o'clock SER
vices. Two special services will be
held during the week, one on Wednes-
day evening and the other on Friday
evening.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

1t is an old saying that there is
more than one way to skin a cat" and
this being the case it is more than
likely that the difficulty that the Swan
sea Mining company has experienced
in the sale of its ores of late is TO be
overcome in the future by the erection
of concentrating plant on the ground,
wherewith the product of the property
can be reduced so that it will be a
prime marketable article.
For some time past j. w Neill, of the
Taylor & Brunton sampling works, has
been experimenting on Swansea ores
for the purpose of determining the best
process for its concentration. These
tests, it is said. have been very salts
factory up to date, and the product is
of such a character that it will be very
acceptable on the market.
The process, by the use of which this
solution of the present difficulty has
been in a manner solved, has not been
made public as yet, but it is under
stood that if adopted at the mine there
Will be n further trouble in the sale of
the ores.
AS it is, it is more than likely that
as a result of the experiment it will
not be long before the announcement
Will be made that the company has
decided to erect a plant at the mine
for the reduction of low grade ores
into high grade concentrates of char
acter that viii be in good demand at
the SmelterS.
In this connection it is only fair to
the public TO state thai the last ship
lnent of ore from the Swansea was
nothing but third grade mineral which
had been accommodating on the dump
for the past year or more. This ore
was really too low in grade to consigu
TO the market, but it was in the way,
as the room was wanted in which to
pile up mineral Of a much higher grade,
and with the knowledge of the heavier
stockholders it was marketed with the
result thar the selling price of the
stock was depressed, to the loss of
some of the lesser holders. who. from
current reports, had reason to believe
that the mine was about to play out;
when the fact it, as the Herald is in
formed by reliable authority, the prop
erty never looked better than it does
at the present time.
The Herald viii not say that this |
action on the part Of the company was |
for the purpose of accomplishing some |
purpose, but the effects have !
been the same as If the whole thing |
had been cut and dried
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
GRADUAL ADVANCE IN vALEo.
A Good Weeks Business in Mining
Stocks.

There was a good attendance at the
call of the mining exchange yesterday.
end the week closed with the general
run of stocks firm and fairly active
Nearly all of the listed stocks were
noticed at the hands of the brokers
and some advances were noted. An
Choir was firm in the bidding and the
stock was stronger in the holdings
than at the first of the week Ajax
was lively in the biddings and the
offerings, and at the close there was
only cent between the dealers. Daily
was quiet mad there were no sellers
in the pit. DAILY West, however, was
unusually strong and chrOnicled goodly
advances in the bidding. Eagle regis
tered sales for the first time for nearly
q year, but at a big decline from for
mer quotations. Galena, which was on
the upward grade the previous day, fell
off a little in the bidding, but in the
asking il held its own in good shape
Geyser was strong but inactive. Dur
ing the past few days there has been
an upward tendency in Mercur ana
holders refuse to let go of the STOCK
at a figure much below the bonded
price. Mammoth failed to chronicle
any gains in the bidding although it
was firm at the quotations given be-
low. Ontario stood well with the brok-
ers and an advance in the F.skings was
noted The bid of SIC for Silver King
failed 10 draw out any Of the stock.
There was considerable inquiry for
Sunshine, which changed hands at 20
cents. Utah continued a favorite and
transfers were made at $1.20.
The unlisted stocks were well repre-
scented. but were not active in the way
of sales. Swansea was stationary at
81 so bid and Sl.SG asked. South Swan
sea exhibited considerable strength and
made advances in the bidding, but no
sales a trif1ing bid was made for
Sunbeam. which should have been |
erased from The board. Valeo was
spirited in the bidding and made de- !
cided advances with sales to its credit. |
Dexter also exhibited more life than |
usual and was strong at the close. The |
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

New York. Feb. 6.-Money on call
2 per cent.
Prime mercantile paper, per cent
Sterling exchange steady, with act
ual business in bankers bills at 4.S4sz
for 60 days and 1861 G4.S61A for de-
mand. Posted rates, 4S51a@4S7sa.
Commercial bills, 4.S31z@4.S4.
Bar silver. 64A.
Mexican dollars, Os4@511s.
Bonds-Government dull; state dull:
railroad strong.
The dealings at the Stock Exchange
today were on a very small scale.
Stocks were rather weak at the OPEN
ing and few of the pet issues receded
fractionally, but before the expiration
OF the first hour the market showed
improvement. Sugar was decidedly
steadier and the bears on the stock
We're less aggressive. American Spir-
IT'S were more active, the common ris-
ing rs and the preferred IL. In the
railway group the Northern Pacifics
were notably firm. The variations in
the general railway list were insignifi-
cant, and the trading on an unusually
small scale. In the inactive issues
Long Island dropped Il. The market
In the closing dealings was firm in
tone. Net changes show gains ofjs@5s
per cent, the industrials leading.
Bonds We're strong. The rates footed
up S1.137,O 900. American spirits rose Ii
Edison Electric Illuminating of New
York con. SIS q: Kansas City & Pacific
first As 61@; Oregon Short Line 6's
cts. rs do. con. SIS 1; Peoples Gas
and Coke of Chicago second 6's IA,
and Western Pacific first IS l.
In government hOr6S conn &c -
1907 sold at 1928, aud do. Of 1925 at
1223s.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

bidding for Northern Light resulted
in an advance in this stock, which
jumped up to 80 cents, with an Offering
at SO. BucGeA-e also made gains. but
buyer and seller could not get together
The week in the pit has been nothing
10 brag of, although not a day passed
out that Some business was transacted.
e a general thing stocks have just
about held their own, and no heavy
slumps were recorded. In some in
stances good advances were noted, and
the close of business last night the fact
was demonstrated that during the
week there had been decided gains to
the credit of Bullion-B Beck. South
Swansea, Northern Light, Valeo, Daily
West, Galena, Geyser and Utah.
At the close of the call of the listed
stocks a recess was taken and the APP
pllcation of e. o. Best for a seat in
the exchange was read, and on motion
he was extended the privileges of the
Hoor until his application could be
acted upon.
The transactions of the week were
as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

and a two years lease and bond on
the Mormon Girl, Pride of the Hills,
Silver Star, Sunday and Extension
Sunday lodes, in Tintic mining district,
adjoining the Sunbeam and Undine
mines.
on which considerable work has been
done in the past and, as stated in yes
terdaY's Herald. a contract has al
ready been let for 90 feet of drifting,
which is to tap the vein from the bot
tom of the shaft.
A block of 10000 shares of the treas
ury stock of the company will at once
be placed on the market at 121A cents
a share, through the company's agents,
Sheets &. Thomson
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
The GEYSER-M MARION co.
Expects to Begin Paying Divi-
dends by April Ist.
GOOD SHOWING in CLIFTON
THE DEVELOPMENT OF THE
GREAT MIDAS MINE.

Mineral Patents Ordered-People
Who Want Titles to Their Mining
Properties-The Triumph Com
pany-Will File It's Articles of
Incorporation Tomorrow = The
Owner of Valuable Ground Near
the Sunbeam and Undine, Near
Silver City-The Consolidated
Mine Near Brigham City-An Old
Miners Opinion of This Property
Notes From the Richfeld Advo-
cate-The Silver Moon-Work Re
sumed In Its; Development-ore
and Bullion-Silver and Lead
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
THE TRIUMPH COMPANY.
Will File Its Articles of Incorpora
ton Tomorrow.

1t is expected that the Triumph Con-
solidated Mining company will file it's
articles of incorporation tomorrow.
The Capitalization of this new COM
pany has been placed at 200, 900 shares
of par value of 81 each, 100000 shares
of which have been set aside as treas
ury or working capital stock
In the articles of Incorporation the
board of directors and officers for the
ensuing year have been named as
follows:
John A. Kirby. president and manager;
Theodore Bruback, ice-president; Ives
e. Cobb secretary; Josiah Barnett,
treasurer; and S. T. Pearson, assistant
secretary and auditor.
The property on which the company
bases it's Incorporation consists of the
Helen, Pride of the Hills, Fraction, and
the Indian Girl Iodes, in fee simple,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
TESTING SWANSEA ORES
Probable Erection of a SsneIter
by the Company.
LOW GRADE CONSIGNMENTS
BUT PLENTY OF GOOD ORE IN
THE MINE.

Gradual Advance in Valeo - A
Weeks Good Business in Mining
Stocks-The Market Steady, With
Several Gains Noted-Upward
Tendency of Bullion-Beck, South
Swansea, Northern Light, DAILY
West, Galena, Geyser and Utah
E. o. Best Given the Privilege of
the Floor-The Winnamuck Mine
Magnificent Showing of Ore in
This Bingham Property-Ore
Shipments From the Camp For
the Month of January-Big Body
of Copper Ore Uncovered in the
Highland Boy Mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
New York Market.

New York, Feb. 6.-FlOur-Neglecte
steady, unchanged; southern flour dull,
unchanged.
Coffee-Dull; unchanged to points
Up. Spot RIO dull, steady. No I, y5s.
Sugar-Dull. UNCHANGED
Pig iron. copper, lead ana tin ur-
ChSn@ed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
Chicago General Market.

Chicago, Feb. 6.-Wheat received a
little fright this morning and shorts
covered with great alacrity The ex-
ports for the week from both coasts,
6.16S,000 bushels, and small shipments
from Argentine; 10000 bushels COM
bined with wet weather in the winter
wheat belt gave rise to alarm which
resulted in sharp buying and a furry
in prices. Liverpool caHes were I'D
lower, a lower opening here being due
to that information. The decline was
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
MONEY ON CALL EASY
Dealings on Stock Exchange Very
Light.
BONDS WERE VERY STRONG
LIGHT RUN OF CATTLE AT THE
CHICAGO YARDS.

Prices Somewhat Better-Falling OFF
in Receipts of Both Cattle and
Hogs-Bond and Stock Quota
tions-South Omaha Live Stock
Liverpool Grain-San Francisco
Mining Board.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
Ore and Bullion.

The ore and bullion receipts yester-
day were as follows:
Commercial National Bank-Ores,
81, 265.
Bamberger & McMillan-Ores, So, 329.
Mccormick & Co.-Ores, Sc, $50.
T. r. Jones & Co.-Bullion, $780,
ores, $40, 500.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
Fifty Years Ago.
Ayers Cherry PectOraI

is the standard family remedy
of the world for colds, coughs
and lung diseases. It is not a
palliative, and is not therefore
put up in small cheap bottles.
It is put up IN large bottles
for the household. They cost
more but cure more.
Fads come and go but no
theory or fad can overthrow
the fact, that the greatest cure
for all colds, coughs and throat
and lung diseases, is Ayers
Cherry Pectoral.
so Years of Cures.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

The firm of Bird & Lowe, land and
mining attorneys, who were among
the unfortunates who were burnt out
in the late fire of the Scott-Auerbach
building, have secured fine offices in
the Karrick building, two doors north
of the Walker house, where they will
be pleased to meet their clients and
friends.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
South Omaha Live Stock.

South Omaha, Feb. 6-Hogs-Re-
ceipts. 1920; market barely steady;
rght and M: ed, S.15@3.3O; heavy, BOO
20
Cattle-Receipts, 500; market steady:
best strong; steers. 3.5O@475; cows.
l.5003.60; feeders, 3.OO04OO.
SheeD-ReceiLts, 500; market firm.
fed westerns, 3.45.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07

SALES OF STOCK.
100 Ajax at 81 cents.
300 Eagle at cents.
SEQ Sunshine at 20 cents.
100 Utah at $120.
100 Valeo at $1O71h.
Total sales. 900 shares.
Value of sales, 1851. so.
lows:
CALL OF LISTED STOCKS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1897-02-07
DIPS AND SPURS.

The contract for constructing the
Highland Boy mill machinery was
awarded Tuesday through Manager
Weir to the Mining and Supply COM
pany of Denver and it is understood
that work on the mill building is