The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-01-01

- ~ ~ O~toAAi~oo
each locality or state is prone to mag
inc the prevailing baleful conditions
exert a far more depressing influence
at home than in ~neiGhboring cOmmuni-
ties, or states. Such, in a measure, was
the ruling feeling in Ctan on the open
ing of the 1898 mining season.. and it
continued throughout the long suitry
months which YEARLY dragged. The
upset given To all new undertakings
everywhere, prior 10 and after h dec
laratiOn of war, in April, was Il solar
pleXus blow and during the summer
and early fall new enterprises were
temporarily abandoned, While in The
several reliable producing mining dis
tricts but little exploration was accom-
plished, ven in the mines of establish
ed worth. Throughout the ouuCr The
banks p-ertinaciously urged caution and
more especially regarding western in
vestments or speculative ventures
ThOSe inclined TO embark in dllurinS
mining propositions took fright. The
view vas dark n for a time it seemed
inevitable that the year would prove
memorable is a disastrous period Tor
Utah mines. y change 10 the right
about came, like a sharp lightning flaSh
when least expected.
Following Immediately on the heels
of SPANS overtures begging a cessa-
ton of hostilities, a remarkable meta
mOrphOsis occurred with magic swift
ness. Evidences that there is ample
money, both at home and abroad,
awaiting investment for undertakings
which promise handsome profits. is be-
ing steadily manifested. The inaugu-
ration of more active work among the
mines, which began toward h end of
September, is already being felt in sew
eral districts and is shown in a much
larger ore production, while the fresh
uncOverings in old and new mines sup
ply a stimulant to others to develop
nearby properties. This is especially
true of Tintic, where a considerable
number of new undertakings are sys-
tematically exploring desirably located
tracts, While a kindred re-awakenlnS
has already begun to display i k Symp-
toms in other camps.
Numerous transfers, pOrtendinS PIX
tensive operations and certain TO be fol-
lowed by future substantial ore re-
serves, have been cOnSummated within
the past month and a half. Others of
large moment are in process of incu-
baton, till there is a stirring revival of
Those either not able or d~isinclined to
hazard any considerable outlaws nav
sold. or are diSposing of their mineral
holdings to others, possessing perhaps
more ample means, indomltaole energy,
exceptional mining knOwledge-the re-
suit of long and highly successful
profit-paying experience, so that prop
critics long idle are now about to have
worth judiciously and thorough
ly tested.
Most of the new companies, as o o
incorporated, are generously supplied
with means for needed exploration and
Immediately begin minerlike opera
lions; which is splendidly different from
the old plan of organizing gloriously-
sounding. fi~aIEboyenr Ilp@--compan-
les with intent to sell stock to gullibles,
only a minimum part of the proceeds of
which went into the ground. in the
search for possible rock-bound treas
ure.
Dealers IN mining machinery AZ aver
that the winter demand for steam
hoists, pumps, air compressors and
other kindred plants was never greater.
The railroads are taxed to the limit in
the supplying of freight cars for ma
terial to the mines and for ore Tut.
More men are employed under ground
the opening OF January than the
optimistic enthusiast dreamed
possible a few months ago.. These evil
dences are unmistakable and irresist-
ible. They are veritable lively occur
rences, not pyrotechnic myths of the
hOpe-eXcItlng prospectus. They all
combine and unite in pointing to the
same end-a magnificent new record in
metal production.
This revival has been in progress,
sTeedilv growing in hustle and force,
three months-it is in no sense a
boom, - II one, Il IS o. tn substantial
variety on a firm, bedrock foundation
and the dawn of the new year shines
forth n roseate forecast for TTntic, Mer-
cur, Bingham and Park City. These
are .an > Oid reiabie precious metal
producers and again it is made appar-
ent that their stores of treasure have
not begun to be exhausted. Fish
Springs, Stockton-Oppir sceT.on and
Alta are displaying a happy r~ejuvena-
ton. The two last during the summer
and fall of 1898 sent forward more good
smelter products than for several years
and it is believed this favorable con-
dition will continue.
In several of the comparatively new
districts, as yet distant from rail COM
.~unication, the 1898 achievements are
noteworthy. Especially is this true of
Salles-in southwestern Utah. -sdt h.
ing over into Colorado-where the cop
per and gold lodges now proven will
notable mines. Stateline=in the
blending into the Deer Lodge
of Lincoln county, Nevada-al-
ready boasting of a half dozen gold and
lodes, possessing substantial ore
bodies; while the great Deer Greek en- |
pire is more full of promise thar at any