The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-09-15
Mining Notes end Personals.

/ c. diversion. one of the leading mining
men of bennington, is at the Walker.
John Grifiths, who is with the Hanauer
/ smelling works, left for Chicago yester-
day on bushes pertaining to mining and
smelling affairs
] Ii. /. J. Warren. the able representa-
/ tive of the New. York Mining and En-
gineering Journal, has returned from a
/ visit to Wyoming
The Treasure Hill of Tintic district was
I in the market yesterday with five cars OF
I good ore, while two more cars are en-
route to the sampler.
| Dexter was much sought for on the curb
! yesterday afternoon. and bids of S1-65 for
the stock, in Loo share lots were re-
corded without bringing out a share.
The Sacramento will pay its regular div
idend of 5000 this month. the checks of
the company being ready for distribution
on the 18th, the stock books closing on the
24th.
]. 3. Franks of the Idaho Recovery
Denver Tuesday night. will leave for Hal
ley, Ida, where the works of the company
! are located. Another lot of cyanides from
the company's mill was received at Major
Jackson's sampiing works yesterday.
The Liberal Mining company of this
city. operating in Bingham, has let a
contract for $50 feet of additional tunnel
work in the development of this Carr
Fork property and 1t is stated that in the
lower tunnel the indications are good for
the near presence of large deposit Of
pay ore.
Judge o. w. Powers is well pleased with
the progress being made in the develop
ment OF the Orient rhine, in West Tintic
district the company is now working
a force OF SIX men. and drift is being
run from near the bottom of the shaft to
connect with he ore Chute d sclosed in the
upper workings of the property.
After the call of the stock exchange
were auctioned off to the highest bidder,
the block going at s1.66 per share. This
was the stock purchased by Harry 10
seph from Sheets &c Thompson on the
exchange the previous day, but as he did
not call for or settle for it within "a hours,
as provided for by the rules of the eX-
change, it was sold in compliance with
the bylaws of the organization, and Mr.
Joseph, who purchased the stock at S1.79.
will be obliged to make up the difference
to Messrs. Sheets & Thompson. 1t is not
failed to take up the stock or whether it
was the result of an oversight and neg
lect.
Visiting mining men and capitalists
speak with surprise of the lack of enthu-
siasm which is characteristic of the aver
age resident of Salt Lake regarding the
wonderful mineral resources OF the state.
In fact, they are at loss to understand
why there are so many back-eappers in
salt Lake City, when, by united effort.
this could easily be made one of the
greatest mining states in the Union, and
they quote the oft-repeated assertion that
in colorado every man is working for the
nining interests of that state and are
united in pushing along an industry that
IS annually bringing millions from the
east for investment; no one decrying an
others mine or prospect even il he can
not place or sell his own. This condition
Of affairs in Utah is true and also deplor-
able. There is a lack Of interest in min
ing; 2 lack of enthusiasm that is like
cold blanket to wOuld-be investors The
rot put in circulation by back-cappers is
an injury to the growth and development
of the best interests of the state and it is
per is often found in the person OF a
stock broker as well as in the person of
The man who is chronic hotel lobby
loafer. with his office. if nothing more, in
his hat.