The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-02-02
Mining Notes and Personals.

Mining N oteS and Personals.
The Swansea company will pay its regu-
lar monthly dividend of 5000 on the 10th.
Encouraging reports were received yes
terday from the Yellow Jacket mine, in
North Tintic district.
Frank Hegginbotham. auditor of the
Salt Lake x Mercur railroad, was out
over the road yesterday.
The regular annual stockholders meet
ing of the Grant Gold Mining company
has been postponed 20 Feb. 10.
The Old Jordan & Galena is at the Con-
solidated Kansas City sampler with 3VO-
pound consignment of cyanides.
j. S. Free and w. f. Smith. members of
the new exchange. have opened a broker
age office at 10, II and L Atlas block.
Copper quotations advanced another
half cent yesterday and was quoted at
1515 cents. while lead was firm at s4.25.
c. H. Wilbur manager of the Golden
Eagle. near Winnemucca, New, who is IN
from the mine, states that II Is IN excel
lent condition.
E. O. Howard of Walker Brothers bank
has been appointed manager of the Clear
ing House association for the fiscal year
beginning yesterday.
]. f. Jennings, late of the Utah Com
mercial & Savings bank, has formed a
co9artnership with Ben ID. Luce in the
stock brokerage business.
1t is reported that Glenn R. Boutwell,,
the heavy mining operator. has added a
extensive holdings in this line
E. o. Lee and ]. S. Lakin left yesterday
for Tuscarora, New, where they Will eX-
anime mining properties. including the
Dexter, in which they are heavily inter-
ested.
jackson McChrystal who is in from Eu-
reka, informs The Herald that the Eagle
& Blue Bell is showing up in most graf
flying manner as work progresses IN It's
development.
Boston & De Lamar was an active
trader on the curb yesterday afternoon
at 2% cents and closed strong at this fig
ure, while large blocks of Lower Nam
moth changed hands at $l.05.
John Heinrich of the Mercur, North
Mountain. Young Amer. "a and other Utah
and Nevada mining companies, who has
been in the city for the past week, eX-
poets to leave for his Nebraska home to-
night
Hon. Theodore Bruback feels aggrieved
over the action of the listing committee
of the old exchange in dropping Herschel
from the listed stocks. as this stock was
among the first TO appear on the board,
having paid a listing fee of $50.
a recent visitor to the Star Consolidated
mine near Mammoth who brought home
with him a sample of copper ore from the
recent splendid strike in this property.
has had the ore assayed, the result of the
fire test showing values of 43.5 per cent
copper. AZ ounces silver and $1.03 in gold
to the ton.
Stock & Mining Exchange has decided to
charge a fee of $25 for the listing of
stocks, and to have an unlisted stock
called will require the payment of a so
fee. The Chloride Point and Dexter were
yesterday given a place with the listed
stocks.
Arrangements are being made to work
the Congor mine at Bingham on an ex-
tensive scale. This is regarded as being
one of the most promising copper pro-
ducers in West Mountain district. now 50
noted for its mines of this metal, and as
heavy mining men have secured control
of the company and as copper quotations
this ground will give a good account of
itself this season.
The showing in the White Star in North
Tintic is such that the officials of the
company are feeling, much encouraged
and highly elated. as the black quartz
a few feet carries excellent metallic val
ues assays made on the rock yesterday
showing the presence of 1888 in gold and
twenty-four ounces in silver to the ton,
and il is believed that with greater depth
the property will open out into a. heavy
and steady producer of high-grade ore.
From a gentleman who is just in from
the Diamond end of Tfntic district ii is
learned that the double-compartmen
shaft of the Showers Consolidated mine
has already reached depth OF eighty-five
feet and that the work of sinking to the
ledge is progressing rapidly, under the
supervision of Contractor Free The Her
AIDS informant also stated that the Joe
Bowers was in splendid condition and
that the company is regularly taking out
some of the finest galena ore ever mined
in the district. The Joe Bowers EXten-
again with its new hoist, the showing in
this property being reported as excellent.