The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-06-23
Mining Notes and Personals.

Sunbeam sold on the curb in board lots
yesterday at 15lA cents.
Judge w. A. Sherman of the Overland
will go out to the mine this morning.
Alex Gurley, engineer at the Centennial
| Eureka. is in the city on his wedding
trip.
Northern Light is stiN on the down
grade and il is understood that so far
but very little of the present assessment
has been paid.
Bingham was represented in the ore
market yesterday with a car of Neptune,
a car of Markham concentrates and a
| lot of Fortune ore.
1t is expected that the Geyser-Marion
| will hold directors meeting today, but
as TO whether a dividend will be de-
clared IS still conjectural.
W. P. Hardesty, NJ. E., has returned
from his San Francisco trip, and he
states that he is well pleased with the
results of his visit from financial point
| Of view.
| The regular Mercur semi-monthly ship
ment of cyanides, amounting to 1.050
pounds net were delivered at the Con-
solidated Kansas City sampling works
yesterday.
The directors of the skylark Mining
| company held a meeting yesterday after
noon and filed two vacancies in the board,
! besides which other important business
| was transacted
The South Swansea will pay its regu-
lar monthly dividend on the 30th of this
month, instead of July l, as first stated,
and by so doing the war revenue tax will
miss fire this month.
! Gill S. Peyton, who is in from Lion
hill, states that the Chloride Point mill
is running most satisfactorily and that
the indications SO far are that it will
prove complete success.
The Utah of Fish Springs marketed
shipment of II tons of ore yesterday,
which was sold on control assays show
inE values of ~ per cent lead and 251
ounces in silver to the ton. Another ship
heir 1DI iah
even higher than this.
Dexter was on the up grade again yes
terday and increased value is looked for
in this stock, as il is understood that
the output of the mine and mill for June
will be in the neighborhood of $4,000. In
siders also consider South Swansea a good
buy and look for marked advancement in
this security.
Hon. George w. E. Dorsey, who. has
returned from a visit OF inspection to the
Hercules, on Lion hill is highly pleased
with the condition of this promising
property, anc ne states that in the con-
mel level a. body of high-grade ore has
been discovered in place. From all ac-
counts the condition of the Hercules is
most encouraging.
The newly-incorporated North Swansea
Mining company, operating in Tintic dis
trict, is pushing work in the develop
ment of its promising property, which
adjoinS the Swansea mine on the north,
and the working shaft is already down to
a depth of about 40 feet. The company
has just let a contract for 200 feet more
of sinking. and it is the intention to in
stall horse whim at the works by the
first Of next week.
Capitalists are still looking for good
copper investments. and properties of
this class are being closely scrutiniZed,
while there are more prospectors looking
for deposits of this metal than ever be-
fore. In this connection it might be well
to state that the long-neglected camp of
La Plata, east of Ogden. is rich in its
lodges of this mineral and that the dis
trict will stand closer investigation, and
not only for copper, but also on account
of its valuable lead mines.
The Wasatch Mining & Milling COM
pany. which is the owner of valuable lead
and silver property in Beaver Lake dis
trict, in Beaver county, has recently been
reinforced by new blood and a gentleman
of means has become identified with the
enterprise, it being the intention to do
effective and extensive work in the fu-
ture in the development of the property,
on which a shaft has been sunk TO a
depth of 80 feet, from the bottom of which
a drift of 40 feet will be run to open up
the vein, which LEFT the shaft bn its dip
as work progressed in the exploration of
the mine.