The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-11-24
Mining Notes and Personals.

A rich strike is reported in the Mogul
tunnel at Boulder. Colo.
As today is a legal holiday. there will
be no call of the mining exchange.
This cold snap is liable to interfere with
the laying of the pipe line by the Silver
City Water company.
]. T. Stringer has been given the priv
leSe OF the mining exchange pending the
vote on his application for membership
The last issue of the New York En-
gineer and Mining Journal contained an
Illustrated write-up of the Chloride Point
mine and mill on Lion hill.
Curb sales of Ontario were reported
yesterday at $3.50 1t is the general i'm
preston that this great d!vidend-payer
Will resume operations at an early day,
1t was rumored on the streets yesterday
that another important strike had been
made in the property of the Joe Bowers
company, in the Silver City end of TN
tic district.
The big pumps at the California mine.
at Central City, Colo, have been started
AND IL Will not be long before ore eXtrac-
ton viii be resumed in the operation of
this great producer.
Work is being pushed in the develop
ment of the American mine in Tintic dis
trict the property Of the company being
environed by the Boss Tweed, the Carisa
and the Northern Spy.
The steady advance being made by Lit
tie Pittsburg is causing renewed interest
in this promising property and it's fur
Their development will be carefully
watched by mining share dealers.
Jesse Lunn, the efficient foreman Of
the Overland, in the Sunshine end of
Camp Floyd district, is in the city. Mr..
Lunn states that the mine is looking well,
while everything at the mill is running
nicely.
The Homestake is to the front again
with another half-cent assessment.
Homestake stock has been an active
dealer of late and the belief is expressed
that the property will be vigorously
worked in the future.
The La RENE Mining company yester-
day ordered Loo feet OF pipe for its COM
pressed air pipe line from the Utah Con-
solidated mine. Ingersoll machine drills
were also ordered. the pipe and machines
going out to this Eureka mine last night.
The Bullion-Beck Tunnel company has
levied en- assessment of half a cent a
share for the purpose of raising funds
/ for the payment OF the S3,400 judgment
| against the company, as well as for the
continued development of this Eureka
property.
The Great Northern of Canyon City,
! Ore was in Yesterday with two nice
| consignments of gold dust, and it is re
| ported that the mine, under the super
| vision and care of Ike Guker, the dis
coverer OF this valuable property, is look
! ing we'll
A number of Oregon Short Line and
| Union Pacific officials will go out TO Mer-
| cur Friday of this week. in a special,
winch VIII leave this city at am, 1t
! being the intention of the visitors to in
| spect the leading mines of this great gold
/ camp Manager John Dern of the Mer-
cur company, will doubtless make one of
the party.
/ y One of the leading brokers on the
Row yesterday offered to bet 500 that
Northern Light would pay a dividend
within sixty days, while another dealer,
] who is in close touch with the company,
made the assertion that he was of the
opinion that a dividend would be forth
! coming within thirty days, if the roads
did not become blockaded by snow in the
meantime.
The South Swansea was on the market
1 yesterday with a siX-carload shipment of
ore, which sold on controls showing val
ues of about 26 per cent lead. "a ounces
! in silver and 30 cents in gold to the ton
besides an excess of 13 per cent iron
Another lot of four cars was at the
sampler yesterday. The mine is looking
We'll and the affairs of the company are
! in excellent shape.
Hon. A. Anderson, president of the First
National bank of Columbus, Neb., will
arrive in the city within the next few
days. Mr.. Anderson is quite heavily in
! terested in several Camp Floyd mining
enterprises and as he is a long ways or
/ velvet he is highly impressed with the
| mining industry of Utah. and before re-
turning home may become more heavily
interested in this line than before.