The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-03-19
Mining Notes and Personals.

Four Aces took an upward shoot yes
terday, and it is believed that the stock
is slated for a still further rise.
There was considerable activity in min
ing circles yesterday afternoon, and sales
of Mammoth were recorded al $2.15 -Four
Aces at cents and Sacramento at AZ.
The transfer books of the South
Swansea are closed and the monthly div1-
dend of 81 500 will be paid next Monday
The stock of the company is very hrm
in mining circles.
F. H. Peyton of Mammoth, who is run
ming the Sioux MILL was in the city yes
terday on business. Mr.. Peyton states
that the mill is running continuously on
ores from various portions of the dis
trict.
The Ajax company was in from Nam
moth yesterday with over a hundred-toIf
lot of ore which was sold on controls
showing values of 80 per cent copper, 4
ounces silver and 81 in gold to the ton.
Another consignment is being taken out
and will soon be shipped
Superintendent w. ]. Lawrence of the
Star Con. who is in from the mine, which
is near Silver City, states that the prop
erty is looking well and that he is SNIP
ping about two cars of ore week which
will carry average values of Sl5 TO w IN
gold to the ton A carload of mineral from
the mine will be in today.
The directors of the Mammoth Mining
company will hold their regular monthly
meeting Monday, at which time. Inc
Herald is assured. the regular monthly
dividend of 5 cents a share will be de-
clared without doubt. 1t is stated that
the mine is in better shape than it has
been for years. and that the company is
in excellent financial condition.
A well-knOwn mining man who has just
made an inspection of the Mammoth,
states that in the 1.6o0-level the men are
now in the lead stope which was so pro-
life of good shipping ore on the 1,5OO-level,
and which was 10 feet thick in this portion
of the property. The shaft is now down
100 feet below the 1,600-level. and The
Herald's informant states that the mine
has not looked as well for five years as it
does at the present time.
Z L. Talbot of the Frisco mine, at
Bingham, is in the city, and he states that
the mine is looking well and that steady
progress is being made in its developments.
Mr.. Talbot states that Bingham is I'M
usually lively this spring, and that pros
porous season is looked for. Among other
enterprises under way in the camp. Bemis
and Swan are pushing work in the con-
struction of their concentration. which will
be in running order in due time.
Lode. De Lamar, New: Saturday last
Mr.. Jennings. an old carpenter hand at
the De Lamar mill, met with a seve1e and
painful accident A piece or IRON glanced
and struck him above the right eye, frac-
turing>the skull bone and Mr.. Jennings
was compelled to have an operation per-
formed at the hospital. Mr.. Jennings
seems to be very unfortunate in his work
here, as this is the third time within the
past two years that he has been injured.
Lode. De Lamar. New: Sunday after
noon. at the De Lamar mine. Nick Ed
wards was working in a gouge in the
mine, and was caught by a piece of rock
that fell. striking him in the back which
threw him TO the floor other rock falling
on his left leg. bruising it up considerable,
but not breaking any bones. He was
taken to the hospital and the wound
dressed by DR.. Mayo. We hope to see
Nick out in short time and able to re-
sumo work.
Quite a number OF Salt Lake mining
men are having a little fun on the side
Marshall Gold Process people of Philadel-
phia. who make extraordinary claims for
their system of reduction. one statement
being that ore had been taken that car
but which gave returns of $500 in the pre-
cious metals to the ton by the new pro-
cess, the proprietor of the new method
claiming to save, in many instances. Il
higher value than is shown by fire tests.
With such process. if it will do what is
claimed for il. all of the soil and dirt in
Salt Lake valley could be worked at a
profit.
Ealena Mining company. is quite indig-
lant over the statement made by a con-
temporary to the effect that ii was quite
likely the company would soon levy an !
assessment o. cents a share on its !
capital stock. and he further states that |
here is no proba bility whatever that this |
will be done, as the company still has 1
0.OOO shares of stock in its treasury. be- |
sides which the financial condition of thu |
organization is good and il is able to pay /
my Indebtedness that may be incurred, |
Is the mine is in condition to make regu- |
ar shipments of high grade ore as soon /
Is the new hoist is in running order,
which will BE- the case at an early day.
The fact. also, that the stock of the com
ANY was a ready seller yesterday at
D cents would go TO prove that the re-
or va inf