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


The stimulus OF the mining revival was
quickly felt here. and when the
Ascheim Company, now represented by
X. c. Chambers and the ontario Com
pany, commenced rebuilding and re-
sumed business on scale much larger
than before. all felt that the future OF
/ the great silver camp was secure.
While Park CITY Is far from being now
what II was I'm It's palmiest days. when
the Ontario and Daily were employing
armies of men, and the other mines
were paying we'll II Is far more pros
porous than at any time since the de-
preston in silver caused the partial or
complete closing down OF many proper
ties The present activity is largely
due 10 the resumption Of work at the
DAILY West and the splendid record
made by that property this year, under
the able management Of John DAILY.
The population OF the town Itself Is
now over 1000 and II is very prosper
Gus.
THE ONTARIO.
This year has marked also, a resump-
ton OF active work nj the Ontario and
the output Of the mine has been quite
heavy for some months past the ore
coming from the l,l0O and 1900 levels,
in new ground The ontario mill Is
still closed down and this ore, which Is
low in lead, is shipped TO the smelter
Still the operations have kept the mine
alive, added 20 the reserve fund, and
this month the company paid a dlvi-
dend OF $4,000, the first in a long while.
The total output Of this great property
is $685. 100000, which paid Sl36615O0 In
dividends. gave the company big re-
serve fund and equipped the mine with
the best machinery hat money could
buy.
THU SILVER KING.
The silver King, which has taken the
| place once held by the Ontario, and
now stands as the greatest silver-lead
| mine In the world, has been the main
stay OF the camp during the whole
period OF depression. 1t has paid to
| date s., 100000 and this year has paid
each month a dividend OF $4,000, with
| an extra one this month as a Christmas
| present 10 the stockholders, or S65OOOO
for 1899. Not only in It's output but in
! its area as We'll Is the Silver King
| far ahead OF any other mine In the
| Park, its holdings comprising $50 full
patented claims, with several fractions.
The ore taken out this year has aver
aged from As to 80 per cent lead. with
/ So TO 80 ounces silver and by-product
of gold While great amount of this
| ore has been extracted in 1899, especial
care has been taken to develop re-
serves, and at least three tons of ore
has been opened up For each
one extracted, and some immense
bodies are thus blocked out. The
mense bodies are thus blocked out. The
result of this policy Is indicated by the
fact that there is today AGO feet Of
| virgin ground on the length Of the vein
/ that has not even been touched.
AS TO the present value OF the mine,
/ IL IL sufficient to say that at the close
| Of the year, II has 100000 tons of ship
| ping ore actually In sight, which figures
! out a net profit Of at least $l2,OOOOOO
after deducting over possible expense
| and taking no account Of what other
ore the Silver King ground contains.
As the Golden Gate. at Mercur, has
| the finest cyanide mill to be found any,
| where, so the Silver King has the finest
| concentrating mill In the world. II
| Supt. Kearns has fad. II is for this
mill To bring II up 10 its present
| CAdkt VI HtlltAAl'ilf NARNilulNAA~
| ing was done, and II now saves over
"a per cent Of the values. A system Of
| automatic checking Is done, so that the
per cent saved can be determined for
any part Of the run The mill handles
! 30 per cent OF the ore, about 70 per cent
of the crude product going to the Gug-
! genheim smelters at Pueblo.
THE DALY-WEST.
As stated before, however, the fea-
ture of the year with Park City mines
has been the resumption Of active
work at the Daly-West which COM
! menced paying dividends OF $4,000 a
month in October. and added an extra
one for Christmas few days ago.
The surface Improvements at the
Daly-West are fine shaft house. con-
centrating mill, blacksmith shops
water tanks and boarding houses.
When work was commenced last
March, n general cleaning up was
necessary and IL took three months 10
get everything In shape for heavy ship
| ping Since June, shipments averaging
about $50 tons week have been made,
half OF II being concentrates and half
| crude. When work was resumed, the
shaft was down 1,400 feet and the 300
and 1900 levels opened up. In. the
levels and drifts over 10000 feet OF
work had been done with some 1900
feet OF wines and upraises, giving
! total development of lj,407 feet This
has been greatly added TO during the
! year and arrangements made for us
| ing the / 200 level and the Ontario drain
tunnel as a channel for hauling in sup
plies and taking out the ore, to save
the long, rough wagon haul.
THE ANCHOR.
The Anchor mine, another great prop
erty, has, this year, been equipped
with a new mill which Is operating
successfully, enabling the company to
handle more ore and save higher values
than heretofore. A large force Of men
is employed In taking out ore and In
exploratory work.
THE VALEo.
The Valeo has made an excellent
! record during the year. II has been
| paying expenses right along for sew
eral months. having filled a contract
| TO ship $50 tons Of ore monthly. There
seems to be a good deal OF misunder-
standing as 10 this property and It's
present status. AZ stated above, ore
! has been taken out for a long time In
| following the vein, 1t was found to be
cut of squarely by a pOrphyry dyke,
and the plan Of sinking $50 feet vertic-
ally below TO catch the vein on the
other side Is being followed II the
vein is found on the other side OF the
porphyry. the Valeo will be a mine.
and II u isn't the prospect will be
practically valueless. The matter will
be determined, at the present rate Of
progress, in February next.
THE APEX.
The Apex Is being worked by Messrs
Flindt and Rookledge under a lease,
and some fine ore has been taken out
The leases have made considerable
money and the work done has demon
strated that the Apex is a very valu-
able mine.