The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1899-02-17
MINING NOTES.

The Silver King, OF Park city ias'
week posted the regular dividend OF
$4,000. The distribution Of this ias'
amount increases the total OF DIVIDENDS
paid to si.s5O,OuJ.
At the Ccntury,nnd other gold mines
In Park Valley, Box Elder county tue
snow is very deep, and the mine owners
are having Difficult, time in keeping
everything moving.
Telegraphic orders were received
one day last week from Colorado
Springs for 1000 shares OF the s,ocN
Of the Utah Saltpetrc company at >
cents . share. The order was hlled'
An accumulation Of 500 tons Of ore
is reported on the dump Of the Golden
Eagle mine, In humboldt county
Nevada, aud teams have begun hauling
II to the railroad for shipment 70 SAT-
Lake.
In the Galcna, at Fish Springs a
strike has been made on the No. level
at depth Of 500 feet from the surface
The ore appears as a sand carbonate
running high In lead and over 100
ounces In silver.
The Mercur company is In receipt oil
a gold medal and u diploma awarded
ON It's mineral exhibit at the Omaha
exposition last year. The company
feels quite proud Of these tokens OF
merit and will carefully preserve them.
Manager Frank Harris OF the Great
Northern In oregon, says reports from
the camp indicate that the storm has
reached IL aud that mill cannot 10
undertaken until the ground has
cleared again.
A syndicate will, during the week,
make visit TO the copper deposits OF
the Lisbon district, below Moab, and
make an examination OF the claims
there, which are reported to be very
rich, with u view To purchasing the
property.
salt Lake parties have just returned
from II pospecting tour, and bring with
them some fine samples Of copper ore
discovered about thirty.dye miles
southeast from Price. The deposit
covers an area OF about 100 acres, 70
far as they are able to ascertain.
A shipment OF ore was received Ii
Salt Lake City one day last week which
showed 200 ounces silver and $40 10
gold to the ton. The consignee woui
not divulgc the name OF the camp fro
which II came, but says small lott Of
this class are not infrequent from that
state.
The extreme cold weather Of late has
been a handicap TO operations around
Silver City, and many Of the mines Of
the camp are almost at standstill on
account Of the blockade OF the roads
with snow, and the difficulty Of getting
in supplies and the hauling Of ores TO
the railroad.
A well known mining man OF sat
Lake City who has just returned from
u trip south, taking In Phoebe, De La
mar and Eagle Valley and stateline
camps, states that the general outlook
for these localities is excellent aud
that good reports from them may be
looked for during the year
The local dividcnd.payers, Friday of
last week, distributed dividends
amounting TO $50, $50. 10 this total
the Silver King OF Park City contrib
uted 1000, with a total OF 100000
for the new year, and the Grand
Central s3I $50, with a total since jan
uary LIST Of So, 500. The swansea re-
ported with 50 900, with total Of siO,-
900 for 1899.
The prediction Is made by prominent
mining men that It Is not at all UNI
likely that such fancy prices as 81 TO
o cents per pound, New York viii be
paid for lead before the end Of March.
Tin Is also on the advance, aud price
OF 80 cents a pound is predicted while
zinc has also registered gains owing
20 an immense demand, both from do
nestle and foreign consumers As for
copper, the demand at advanced prices
continues undated.
Among the sensational eonsignments
that have been put on the salt Lake
Market during the seasons thatwhich
came Wednesday of last week from the
Ezra, at Tuscarora, Nevada The lot
went TO the Conklin sampler, and
assay certificates show 90 less than
81 ounces In gold and 900 ounces sill
yer per ton. Accompanying the crude
is a lot OF concentrates deriving from
the low-grade ores OF the Ezra that Is
being marketed on contracts, showing
21 ounces gold and 81 ounces silver
per ton. The Ezra is being put In
shape for systematic work this season.
The electro per-oHygen plant In
stalled at the ore tailings bank In Six
I