The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-09-03
Mining Notes and Personals.

Silver quotations gained point over 90
cents again yesterday.
An active stock market is anticipated
this fall. and it is believed that several
new producers will be added to the list
| of popular securities.
1t is learned that the South Swansea
the company will have in the neighbor-
hood of 400 tons of ore on the market next
week
The Observation-Disclosures marketed an
other two-carload lot of ore yesterday
and it is the prevailing impression In min
| ing circles that this great property Is in
a most gratifying condition.
Ed Coleman, who is an energetic chaser
| of bOnanZaS in the mining line, is making
an examination into the mineral resources
of the country around Milford and II IS
expected he will report in the near future
with shipping and paying proposition
from that section.
Gus Holmes and Mining Expert Posey,
who have returned from Mercur, where
they made a careful examination OF the
Sacramento mine, are highly pleased with
the property, besides which they were
much surprised at the wonderful showing
of ore in this bonanza proposition
Price Advocate: Ira Calvert of the La
Sal mining district was in Price the latter
part of the week, and brought along with
him some fine specimens of gold and
copper bearing ores from a property
which he is working there and which is
owned by himself and his father. He
has great faith in the outcome of the dis
! trict.
Mr. Ward of Ibapah, in the Deep Creek
| Mrs. Stewart, is in the city on business.
Mrs. Stewart is a lady who delights in
mining and is interested quite heavily in
good properties in Clifton, and in addition
| to this she is rated as first-class assayer
and geologist, and has an assay ou>kit at
her command in the camp.
| Colonel NJ Shaughnessy informs The
Herald that he hopes soon to arrange
| m that active work will begin in
the operation of the Humming Bird mine
near Paris Ida, in which he has invested
is a splendid showing of the precious
metals. The Humming Bird was closed
down some time ago by the employees of
the mine on attachments.
Another consignment of Great Northern
bullion was received at the Bank of Com
merce yesterday, the shipment amounting
to $3.50. The company is shipping small
amounts every few days, the aggregate
for the month figuring up into good
money. Isaac Guker, the president of the
company, writes from the mine near
Canyon City, Ore, that the property Is
showing up with development in a most
gratifying manner.
Silver King stock was in active demand
yesterday on the curb at fancy prices,
and still it was almost an impossibility
TO draw out much if any of this popular
security. as it is stated that $4,000 shares
of the capitalization is pooled, while the
remaining 5000 shares are SO closely held
same manner. Good progress is being
made in the erection of the new mill on
this property and in certain quarters
double dividends are looked for in the
near future.
s. K Kinney, Brig Young and NJ Mer-
rill Al Hudson and others will leave next
week Monday for Clifton district in the
Deep Creek country for the purpose Of
development of various valuable proper
ties in this promising camp. Mr.. Kinney
who is veteran miner. will devote his
the old TROY gold mine. in which there
is an excellent showing. Colonel G. A
Henry. who is known to nearly every
mining man in the state, is in Clifton
proving up his claims and it is not likely