The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-08-02
Mining Notes and Personals.

The Swansea will pay its regular s., 900
dividend on the 10th.
Twenty-three of the members of the
stock exchange have paid their $50 war
tax, and by so doing have helped swell the
fund with which to push the war against
Spain.
Charlie MARYLAND Of the Conklin samp-
ling works, has returned from his outing
up Hobble creek, above Springville and
he reports having had a most pleasant
time.
The Observation-Disclosures marketed two
carloads of ore yesterday, which were
copper besides the usual silver and gold
contents.
Herman Hill handled the gavel as caller
for the mining exchange yesterday during
the absence of Secretary Hudson, and
he did full justice to the occasion, making
some fun for the brokers during the call.
1t was reported yesterday that Messrs
Keith and Kearns of Park City had taken
up their option on a control Of the stock of
the Valeo company, or 10000, it being I'M
derstood that the purchase price was IL
cents a share.
B. f. Redman left yesterday for Tusca-
rora. New, for the purpose OF making
arrangements for the hauling of the ma
terial to be used in the construction of the
new Dexter electric power plant on
Chicken creek
Another contract has been let in the de-
velopment of the HardScrabble mine over
the divide from the head Of City creek
and the company is considering the feas-
Utility of the erection of a concentrating
plant this fall.
The effort last SATURDAY. to break Mann
moth was signal failure, as there was no
truth whatever in the reports in circula-
ton to the effect that bad cave-in had
occurred at the mine and yesterday the
stock moved up rapidly to the position oc-
cupied before the derrogatory rumors
were circulated.
John A. Kirby, the efficient superin-
tendent of the Bullion-Beck, who was in
the city yesterday, states that the main
shaft has reached the 1900 level where
a station has been cut and a drift started
to the north to connect with the ore zones
disclosed by the Wine from the upper
levels. and he adds that the mine is look
ing well.
1t is given out that mum is the word
now in the development of the Northern
Light, and that in the running of the new
tunnel from the Hercules side of the
mountain the greatest precaution is taken
to prevent any information from being
given out regarding developments being
made. each employee virtually having his
lips under lock and key, the inference be-
ing to outsiders that a strike has been
made.
Democrat, Baker City. Ore: Yesterday
miners working at the Denny group of
mines. on the Baisley-Elkhorn mountain,
unearthed a splendid new ore body. The
strike was made from the lower croSScut
tunnel and the underground delivers I'M
covered four feet of solid sulphurate ore.
Superintendent d. W. c. Nelson and his
force of miners are to be congra tulated
on their find, which promises to yield
most satisfactorily.
w. L. Richardson of Lion hill was in
the city yesterday. Mr.. Richardson has
the contract for the sinking of the CO.
lumbus shaft for the Columbia company
and he states that he is making excellent
progress and that the bottom of the shaft
is In formation of mineralized lime
which is stratified with decomposed iron
and spar, the indications being that the
ore zone is not far distant. The Rosa
workings are also looking we'll and some
fine ore is being taken from this portion
of the property. Mr.. Richardson also