The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-27
Mining Notes and Personals.

The Queen of sheba of Deep Greek re-
ported with a gold bar shipment yester-
The sale of a block of 1900 shares of
Valeo stock was reported on the curb
yesterday.
The Spanish mine of Bingham reported
IN the market yesterday with eight car
loads of ore.
ed at the Jackson sampler yesterday with
a fine lot of high-grade cyanides.
The Star Gold & Silver Mining company
of Pine canyon, in Tooele. county. has
levied an assessment of three cents a
share on its capital stock.
John e., Curry and Frank L. Smith of the
Min q Shelter Supply company of Den
yer, are in the city on business which
may ultimately result in the establish
ment of a branch house in Salt Lake.
1t is expected that the Highland Boy
smelter in Salt Lake valley will be ready
TO blow in" by the first of June. This
VIII be a magnificent plant and an orna-
ment to the mining Industry of the state.
The Burning Moscow of Bingham was
IN the market yesterday with a car of
high-grade ore The Red Wing, OF the
ment of forty or fifty tons of fine con-
centrates.
Star Consolidated sold on the curb yes
terday at S1.51. 1t is known that the new
workings of the mine are in a splendid
BODY OF high-grade copper ore, through
which there are seams of this metal in
almost a pure state.
Foreman Ed Kessler of the Utah mine.
who was in the city yesterday, states that
this bonanza ropert is in excellent
physical condition. The Utah has a car
load of h~igh-grade ore en- route to the
sampler n another one loading at the
mine.
c. D. Gardanier the we'll known and
popular mining operator and stock dealer,
has returned from an extended visit to
his old stamping ground in Nebraska
CHAINS many Salt Lake friends gay him
the glad hand yesterday. coupled with
congratulations upon his return.
1t is expected that the initial call of the
new mining exchange will be held on Mon
day at $50 p. m, as every effort is being
made to have the call room ready by that
time. The room is to be most conveniently
arranged, and its convenience might we'll
serve a pointer to the old exchange, which
is Lacking in many things calculated to
facilitate comfort and business. the list
ing committee OF the new exchange is
hard at work and the list of stocks offered
will be large and complete.
An effort was made yesterday to break
Joe Bowers Extension stock by the circu-
latlOn of rumOrS to the effect that the
company was threatened with litigation,
the truth of which was most emphatically
denied by Secretary f. a. Druehl, who
stated, however, that one of the insiders
had been selling quite heavily, being
forced to raise a certain sum within a
limited period. The scare may effect some.
k4& So $500 N@@@ G@@
company will hardly part with their hold
ings upon unconfirmed rumors.
The directors of the Beaver Lake Min
ing company held a meeting Wednesday
of this week at which a proposition TO in
crease the capitalization of the associa-
ton was discussed and a special stock
holders meeting will soon be held to pass
upon the subject. At the meeting re-
ferred 10 A. J. McMullen was installed as
manager, and contracts were let for the
running of u cross-cut from the bottom
of the shaft on the company's property
for the purpose of cutting the main ledge.
This work is to next week.
J. S. Free. the contractor at the Show
erS Consolidated. near Diamond, who is
just in from this property, states that the
double compartment shaft being sunk in
its development. has already attained a
depth of seventy feet and that streaks
of tale are making their appearance in the
bottom, the mineral being profusely
flecked with galena. the indications be
ing that the vein will be
sooner than anticipated. Mr.. Free also
states that the Joe Bowers mine is in
splendid condition, while the shaft of the
Midnight Bowers is also showing seams
of ale impregnated with gaIena, while
the Joe Bowers Extension will soon AVE
its steam hoist in running order.