The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1898-06-16
I"Derser & Mcmillan, ores. $S,SS5.
Mining Notes and Personals.

]. A Cunningham of Mammoth, will go
out 10 the mine this morning
II Is learned that the Grand Central is
70 md a place among the listed stocks on
the BOARD OF the mining exchange
The Bullion-Beck dividend checks were
( distributed yesterday and a nice sum was
/ country.
! w. b Root, the travelling representative
/ or the Mining Industry, of Denver. came
| IN from the northwest yesterday and to-
morrow VIII take a run out to AIercur
j. T. Hamburger, vice president of the
| Centenn1al-EUreka. left the first of the
week for Williamstowne Mass, to be. pres
ent when ms son Ernest graduates from
Williams college.
Mammoth Record: James Mclaughlin
IS working on his property the
Niger Baby, which adjoins the
swansea ground on the north. The
VEN mas wldeneG out to Is inches and the
values of the ore runs from SOS to $35,
chiefly in silver.
There was considerable self-congratuIa-
tlon evident among South Swansea stock
hoIueIS yesterday when il was announced
Ihat the company had declared its regular
dividend, as ii was the general impression
( ~ mining stock circles that the company
WOuIU pass THIS month without making
the usual distribution of the ''needful'
At the meeting of the governing board
OF the mining exchange, held yesterday
AFTERNOON, the resignation of Major
George F. Downey as 4 member of the
BOARD was accepted; the names of several
members We're stricken off the list for the
nOn-paymenJ of dues. and a resolution
was passed prohibiting the caller from
doing business on the floor of the ex-
change.
Walter Beatie, secretary of the Bullion
Beck. has returned from Eureka. where
ne mas been on business connected with
the mine. Mr.. Beatie states that there is
a great deal OF talk in Tintic regarding
the splendid showing in the Grand Central
ana CentenniaI-Eurek mines, and that it
IS reported that in the former one of the
largest bodies OF ore ever seen in the dis
trict has been opened up.
l. Holbrook, the manager of the Grand
central at Mammoth, who was in the city
yesterday. states that the mine is in
splendid shape and that from present in
dlcauonS the company Will be able to
MAINTAIN the payment of regular diVi-
dends for an indefinite period The COM
pany made its initial distribution of
wealth yesterday and the stockholders of
happy.
r. C. Wilson of Eureka, who was in the
city yesterday on mining business, in
forms The Herald that il is reported
about the, camp that the Centennial
Eureka mine has not looked as well for
years as il is at the present time and that
more nigh grade ore is now being broken
down and shipped than for two years
past, the impression in the camp being
that it will not be long now before the
company will begin the resumption of
dividend payments.
L nc OletI o1IIllHS company operating IN
Pine canyon. TOoele county, yesterday re-
ceived results from assays made on ores
from different workings on the New Dis
cOVeTy, on which a ten foot opening has
been made. showing values of Is ounces
silver and $40 in gold to the ton. Ore
from a two and a half foot vein in the
King tunnel went $40 in gold. while an
assortment of mineral from the four
in the mine returned values Of
Is ounces silver and $3.50 in the yellow
metal. which. taken all in all. is a most
excellent showing