Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-12-23

have known for many long year, ana
each one win add It's quota OF dividend
PAYERS to the list In 1900.
-.-S-.-
TINTIC.
It is Tlnllcs proud boast that 1t leads
i all the mining districts in Utah today
Within It's borders $500 men are steadl-
& ~ employed In extracting and handling
ores or in developing properties that
promise to become producers Tintlc
certainly has more live, producing
mines than any other district the list
having been greatly added TO during
the present year. There is not much
room left for the prospector there, as
nearly everything Of promise is taken
w, and the whole country from Eureka
To Silver CITY is dotted with hoists,
telling a cheerful story Of the progress
OF deyelopment work Almost without
exception, the older properties that
have made Tintic famous are IN better
shape than they have ever been, and
many that at the beginning Of the
year we're Classed as prospects are now
producing mines.
The shippers for 1899 numbered over
ffty, and they contribute, as nearly as
can be estimated. 5000 cars Of ore, eX-
elusive OF the shipments OF gold, silver
and copper bars by the mills.
Eureka, the metropolis and Oldest
town in the district, has enjoyed a
steady growth during the year, and all
the business interests there have
thriyed. Its population Is now esti-
mated at 1900, and public improve
ments of substantial sort are the
order there.
CENTENNIAL-EUREKA.
The most important property In this
end Of the district is now the Centen-
nial-Eureka. The sale Of this mine TO
eastern capitalists for over two millions
VIII be remembered as one OF the larg-
est deals OF the year, and II was scarce
ly closed before Manager c. E. Allen
had opened up two of the most substan-
tial strikes in the history Of the mine,
which now has such enormous ore re-
serves that the output can be Increased
10 any desired figure. During the
UtIiuu VI itOI kdllLdllou lpliONihb NhN
sale, dividends were held back, but the
operations are now going forward on
larger scale than ever, the company
having recently closed a contract with
Colorado smelters to furnish 600
worth OF ore In thirty months. There
Is practically no doubt but the great
ore bodies uncovered on the 400 and
800 levels Will be ecllpsed on the 700
Id. haan
made. After tapping the vein at the
500 level. the shaft VIII go on down to
the 600 level, which will really be
$500 feet. This new body. therefore,
extends from the 400 TO the 1880 level.
and II Is like opening up virgin ground
to take out the rich ore. The life OF
the mine under such a policy OF de-
velopment, Is simply indefinite. The
ore in sight runs into millions, and
shows years OF active work ahead.
THE BULLION BECK.
This mine has been scientifically
worked during 1899 under the direction
Superintendent John A, Kirby. who mas
paid particular attention to the ore re-
serves. This work has. Of course, been
prosecuted at much expense but the
results have been to give the old pro-
Queer a new lease OF life. At the
greatest depth yet reached. the ore is
found In most encouraging quantities.
and Of high grade.
EUREKA HILL.
This old time bonanza Is practically
closed down at present. but II will not
be for long It's immense mill requires
vast quantity Of ore to supply II, and
the reserves proved insufficient recently.
This has led TO a vigorous campaign OF
exploration and development, about fif-
" men being employed underground
When new bodies of sufficient extent
have been opened up, operations viii
be resumed.
THE GRAND CENTRAL.
The earnings Of this splendid prop
erty are now larger than ever before,
the ore improving as the work pro-
crosses. The usual dividends Of S31 500 a
month We're paid with clock work reg
ularity this year until the litigation
with the Mammoth company COM
menced when all earnings went into
the reserve fund. During the year, one
OF the finest hosting works in Tintlc
has been put In place ana the machinery
equipment throughout improved, while
the buildings are steel frame, An am
pie supply Of water has been intro
duced at the works. the company for
tunately owning q controlling interest
IN the Silver City water works. {. h.
Loose has general charge OF the proper
tywith L.Holbrook in immediate charge.
AS TO the result Of the pending litlga-
n
that the Grand Central Is destined TO
become a greater producer In the fu-
ture than the past.
THE MAMMOTH.
This Is one Of the Oldest properties in
The district, and yet IL has more ore
and that Of a higher grade, than ever
Like all the other big Tinuc mines
where the policy Of extensive prospect
ing is followed. the Mammoth has been
extremely fortunate In uncoyerng new
bodies Its shipments this year show
marked increase over last and not
outstanding the litigation with the
Grand Central. 4 has continued to pay
dividends without hitch. Besides this
Il Is an open secret that the company
has added heavily to It's reserve fund
and has amassed all the means neces-
sary 10 carry Il through the legal battle
without disturbing the bread money foi
shareholders.
THE LOWER MAMMOTH.
II has long been expected that the
Lower Mammoth would break into ore,
and though this hope has been oft de-
ferred the work has been vigorously
prosecuted until Just now the news
comes HAT ore has been found. and
that with comparatively little more de-
yelopment. the mine viii commence
paying its way, preliminary to paying
dividends.
EAGLE AND BLUE BELL.
This mine Is now a regular shipper
and is doing a little better than pay
Ing expenses. These shipments, how.
ever, are only occasional. as It is neces-
sary 10 DO constant development WORK
and the shaft is SIN going down The
UflHH 4 "a