Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1898-09-26
An EVENTFUL YEAR.
This Has Been One for ihe Mining Industry
In Utah.
sew MILLS AND BIG ORE BODIES


Tho year 1925 has heen one in which
number Of new dividend payers. or
prospective ones at least. have boon
brought right to tn front In Utah MIN
Ing circles. Not many months had
passed after ~ old year had gone out.
untn Tint.o furnished a rllt-cdged boz
nanza In the shape 0f Grand Central
which IL now pafang monthly 90 H.
numerous apprpciaiive stockholders the
sum Of i2h cents a share or an agsrs-
gate amount Of ili,2i0. Since thas time
news has been forthcoming ON every
hand OF Blk strikes In Tntic Mcrcdr.
Park city. the co,ionwoods, the La Nai
country. the Blue Mountains and q
number Of other oampa, until at present
It would seem as though Utah would
soon become tho foremost mining state
In the entire Union.
AZ set forth above. nearly oil the rec.
ogniEed comps In the state have fur
nished their quota o. encouraging news.
From the east. the west. the nurih and
the south. the Rad iidlngi have been
received. ana now mills nav gone up
with such rapidly that more than a
periodical VISIT 20 the camps Ia necsa-
sary In order 10 keep posted az 10 the
actual conditions existing. In order to
cope with the tremendous ore bodies
OF The uoldcn Gaze. Captain DO IL Mar
~ now onlufnlng shat plant 10 double
iis present capacity. The Mcrcur COM
plny inds Itself IN need ~ Increased
milling facilities, and thla morning stt
10 work o. add 100 Tors 10 lts daily uat.
MIN IHNa III.lIIMM NIH HNNAN q
handling 400 tons diily. The Chloride
Point has recently tet In motion n now
cyanide plant with encouraging roaulta,
and The overland j. lust about 10 DO
likewise the mill being In fair way
10 an early completion. AZ bingham
the Old Jordan and oaiena has new
mill running, while the Dewey cuaiwn
mill n kept continually on the 10 grind
INK on ore from a number VI dllleraat
properties. Al Park city she silver
kim has fnili IN course ~ erection,
while the Highland hoy company Of
bingham. Il working on tho erection
Of a big smelter a few miles south -
the city.
Enumerasing these happenings. II 40,
pears evident 10 even the most casunl
obarrvcr that Utah II booming, 10 g.
hpesk. In q mining way There arn
still "a number Of good propliiles no.
merioncd above THAI are rapidly gain
ing In popularity. and when auccses n
achieved In every ease. she mineral out ..
put ~ the Stale viii be TREMENDOUS.
1hofe who sailed In che tat today
wcrc reminded % another stock that
4 fari TRinirg ground a. an Al in
vcsimenf. The une reforrt1 90 IL Dali
~, which made application for. and
was granted The privilege 81 rocoanl-
tlon a. listed stock. Tho Daisy IL
ON the West DIP In the Merrur district
=. NE receuyiy u was equlppsd with a
cyanide min for the lrcatmen. u ita
bia ore bodies. and now the plant Ia
running successfully and furnishing
occaAionai shipments Of auro-oyAnidsa
OF an average value Of tas pound
This stock 10 now sought after with
Ersos vim by those IN auen Of go0i
inyegmsnrs. and she past week or ~
iras seen nuntoer OF big blocks chang,
hands az good figures. Tue company
has a capitalization % ti.t00.O00. al
yid~i Into 10000 shar~~ OF the pai
value Of o. a share. and Il has rclisy
consisting % n group " six claims
comprising about 100 arrps u ground
ard covering 1000 fcst niong the vein,
The company, rays "a promlncnt brok.
pafencc Of other operators IN the dis.
triri. and IN the erection % ~ cyanide
min. which had it, Initial run In Au.
gus. only thu latest ana most approved
appliances have been employed. This
result has been emlncniiy satisfactory
and an exceedingly high saving III
values has been attained, Tho mill hal
crushing capacity % 800 tuna pef
diem. but the tankags equipments at
prcaens arc not over 100 tons The
management has nov under consldcra.
ton the Immediate increasing % the
iankaEc. AMI u IL probable that with.
IN thres months 800 tons of ORE viii b,
coached daily. The ore IL readily nus.
ccptible 90 the cyanide process, and Il
remarkably uniform IN character.
Exploration Inns opened NJ extensive
ore bodies 90 depth % $40 feet and
the vein II growing wider aa depth Il
attained COMPETENT AMI conservative
authorities estimate 10000 sons OF or'
In slant In che present workings ant
the average gross value OF this orc I,
be 1910 pee ton. A good new mine 4
hiater than good obi one The Dais'
starts out free OF Indebtedness ant
fully equipped, and NJ future II Nh be-
fore n. n IA the expressed intention
% tho management 10 create casl
surplus and 10 lnaugurate the paymen
OF dividends In January, 1899. ~
atsrk proposition Tor conservative In
yo-lnrs. u has every mark % heinl
nrst.class and ms such lta purchase Il
an0w.ultIl