The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-10-22


Ernest Godbe is in from Phoebe, New,
by the way Of Statel-ne.
The stock transfers during yesterday s
call of the mining exchange amounted in
value TO over $4,000.
The Old Jordan and Galena of Bingham
was at the sampler yesterday with an
| other consignment of cyanides.
Dexter stock was in earnest demand on
the streets yesterday afternoon at 10,
and it is believed that the slight weakness
in this security noticeable during the past
day or two has been overcome.
Another lot of gold bullion from the
Ore, was received at the Bank of Com
merce Thursday. 1t is reported that the
mine is in most promising condition.
Among the Bingham shippers yester-
! day were the Northern Chief, with Il car
of silver lead ore; the Fortune with a
! consignment of good grade of copper,
| and the Dalton and Lark with a lot OF
| lead ore
Tintic Miner: From a gentleman who
| is familiar with the recent development
work IN the Rabbit Foot. it is learned
\ that the ore encountered in the property
recently is fabulously rich. According TO
/ his assertion there is vein of horn
silver and another one carry high values
in both silver and copper.
n. n. Brown, who is working the Bertha
mine in West Tintic district. is i'm with
Shipment which shows metallic values of
40 per cent lead and 60 ounces in silver
to the ton, the mineral being sent in from
{
Bertha is located between the Orient and
the Scotia, presumably on the same ledge,
and il is in a most promising condition.
Colonel H. c. Heffron. the well known
cyanide mill man. has agreed to take
charge of the Sacramento mill for wnue.
1t being his purpose 10 make important
and needed Charges in the manipulation OF
the plant, 1t being believed that better re-
suits can be obtai>ed than have secured
IN the past in the operation of the mill.
The colonel expects to leave for the mine
the first of the week.
Judge o. W. Powers of the Orient COM
pany, who is just in from a visit 10
Eureka on legal business, states that
while there he was informed tlIat an
important strike had been made in the
Orient on the 100-foot level during the
past few days, and he asserts that if the
the mine will doubtless be worked all
winter.
The Mammoth five-carload shipment
of ore was settled for yesterday on fire
tests showing values of 80 ounces silver /
and SIC in gold to the ton. II is stated |
that the company viii ship two more I
consignment OF mineral of the same size |
and grade before the first of the month. |
Mammoth stock was somewhat frmer and |
IN more active demand on the curb yes |
terday afternoon.
Tintc Miner: One thousand feet have |
been bored in the mountain in the Bull |
lion-Beck tunnel and an immense deposit /
OF ore, we are reliably informed, has |
rewarded the efforts of the company Nj /
A. e. Hyde visited the property last week /
and was very enthusiastic over the rosy
prospects of himself and associates The |
ore is sand carbonate ana is said to
carry metallic values of about $50 to the /
ton in lead and silver.
Bulletin. Mountain Home, Ida: A miner
named Johnston came up from Snake
river Tuesday, pushing a large wheelbar-
row, which he loaded with provisions and
returned to his diggings yesterday. He
uses the same vehicle for conveying dirt
from the bank to the river, where ne
= md rQT ms 70
energy, industry and grit deserve more
than ordinary success, and the Bulletin !
hopes that Mr.. Johnston may yet become
a millionaire.
back from Deep Creek and is looking
for horses with which TO freight |
some of the high-grade silver-lead ore
winch IS lying on the dump, to the ter
minus. While absent recently he took out
several tons of this stuff, and finds as
depth is reached the rich streaks are in
nat during the past year more ore has
been uncovered in the Deep Creek sOun-
try than in any corresponding period
heretofore.
Bellevue mill has closed down for the
winter. The mine, however, will be under
a course OF development 1t is the in
tention of the management to greatly en-
large the capacity of the mill in the early
spring, the lateness of the season not adj
hitting of mill building at this time. The
Id DSll6Nuc hill on OdDGl mountain ]
and the altitude is about 5000 feet Cold
weather ard snow sets in there earlier
than in lower attitudes, which Drecludes
he possibility of outside work from this
time until spring.
The mining stock exchange has now
'eached position where it is viewed with !
-avor by men who have been inclined to
condemn and sheer at it in the past /
N fact. the board now offers a medium
If business in mining stocks which is be-
ng grasped by business men who never
before believed in the institution and it .
5 being realized more and more that it
s boon to the mining industry as it
Establishes quotations and makes il pos :
ible for buyer and seller to get together
m a basis that is eminently satisfactory :
o all concerned, and the fact is being
called that without the exchange thu
mining share business in Utah would be
20 limited that it would not be worth men
Joining. The dealings transacted on the
loor of the exchange is an index of the /
uccesS which crown any and all mining
Enterprises in this section and without
his institution but few would realize tht,
act that Utah can boast of the possess
ion of some of the greatest mines in the
vest. but now every citizen however. L
tumble, watches the stock quotations y
With an interest which cannot be ecIipsed :.
y the attention given to other home in n