davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Business Among the Brokers Was
Fairly Active Last Week.
MARKET WAS STRONGER
IMPROVEMENT IN GRAND CEN
TRIAL AND OTHER STOCKS.
Mammoth Stimulated By the Divi-
dend-Park City Mines Receive
More Attention-Daly a Popular
Security-An Attempt Made to
Bear Petro.

During the past week the stock mar
ket has been fairly active. There has
been a great demand for the high
priced stocks and those of a lower grade
have received considerable attention,
among which Boston & De Lamar,
Manhattan and Midnight Bowers were
the most eagerly sought. Tintic stocks.
such as Centennial-E Eureka, which sold
at over $50 a share, were very active.
Grand Central made marked advances
and sold up to 1920 while Mammoth
was stimulated very perceptibly by the
late dividend and the promise that more
are to follow.
Park City stocks received "a little
more attention than usual DAILY was
especially a favorite, and was sold at
$1.55, while at the close of the week
Valeo came forth for a share of atten-
ton.
OF the Bingham stocks Petro was the
most active. The mine being safely
launched as a dividend-payer, made the
stock popular among brokers. An at
tempt was made to bear it, but the on
slaught from the bruins failed to make
an impression on the price of the stock.
Dexter showed a marked improve
ment. The important strikes chroni-
cled during the week have caused the
upward tendency.
The sales on the Salt Lake exchange
during the week were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
SOUTH SUNBEAM SHOWING.
Getting Out Good ore-Silver Cloud
Development.
Special Correspondence


Silver City, July 22.-The South sun
beam, at depth of 2S4 feet, is rapidly
commencing to reveal all the strong
characteristics of other older and more
developed properties on the mother
vein. Manager Moeller, who has care
fully studied all of the prevailing fea-
lures of the ground in and contiguous
to the property, is very pronounced
and emphatic in his belief and expec-
tations. The quartz coming out is high
ly mineralized, and is literally full OF
the right kind of iron pyrites-so nee
essary in the Sunbeam lode as a fore
runner of glad tidings. The writer
faithfully believes that the South Sun
beam may come into an ore chute or
pipe any shift.
Southeast of the South Sunbeam w.
C. Clark is performing some contract
work on the Stemwinder claim of the
Silver Cloud group, which, with the
Silver Cloud and Golden. lies west OF
the Diamond Consolidated, one of Hat
field & Kirby's choice holdings. When
Captain Bard now associated with c.
E. Allen and others in the Cleopatra,
was handling the Silver Cloud ground
he obtained some remarkably fine cop
per, some almost metallic, which, it is
believed, came from an old shaft since
caved in. Like so much ground in this
vicinity, the Silver Cloud only needs
little head and muscle work to make
1T known.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23

operations at the mine at once. Mr..
Merrill also placed a large block Of
stock in another of his Montana pro-
perties and as a result more develop
ment work will follow
Not forgetting Utah, Mr.. Merrill was
also successful in getting more eastern
capital interested here and presented
several propositions of which he states
II Is too soon to talk about.
Representations of the prospective
purchasers will be on the ground within
the next ten days and if their reports
prove to be satisfactory, the closing of
deal will be the happy conclusion.
Mr.. Merrill says at this particular
season of the year he found it very diff
ficult work to get men with capital
interested. The sea shore or some coal
mountain resort is more of an attrac-
ton. There are numerous deals pend
ing and along about September Mr..
Merrill expects to see a lot of eastern
capital find landing place in Utah
mining investments.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
THE DRILL HOLE ABANDONED.
The De Lamar-Wan People to Oper-
ate a New Point.

Colonel Wall reported yesterday that
Manager H. A. Cohen had decided to
stop work on the No. drill hole in the
Wall group, and commence the driving
OF a new one at a point something like
1000 feet farther down the canyon, in
a northwesterly direction from the pres
eat hole.
AS previously stated, the bottom of
the hole just put down is in a soft ifs
sure, and to continue it would have
necessitated roaming it out and putting
down a casing. Time being the essence
of the present scheme of development,
II was thought best to cease work and
move to a new point-a point nearer
the heart of the big porphyry belt,
which these drill holes are intended to
prospect.
The work so far done in this manner
has been eminently satisfactory. At
depth of 3e5 feet the management
knows exactly the character and value
of the rock encountered. and is, there
fore. as well able to measure its worth
as though a regulation shaft had been
sunk. All sorts of rumors regarding
sensational values having been found
IN the drill hole have reached Colonel
Wallis ears, but he says they should
be discredited. Good values have been
obtained from the bottom, the colonel
understands, though he has neither
seen or inquired about the assays.
The drilling apparatus is now being
moved to the new site, and the ponder
Gus drills. under the-guidance of Con-
tractor kellogg, will begin hammering
away again next week.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Yesterdays Call.

On account of the new half holiday
rule adopted by the banks, the ex-
change met an hour earlier yesterday.
A good many brokers were not aware of
the change, and were not on hand I'M
til about the time the call was over.
Hereafter the exchange will meet at
$3.50, on account of the banks closing at
noon
Trading was light yesterday, the
sales only aggregating $3.50. Stocks
were in good trim. however. Geyser-
Marion made some marked advances.
The stock opening at 5OA. and at the
close was in demand at SO cents. Mann
moth was about stationary, the best
done with it was s2.04 a share. Petro
was not so active, and only 600 shares
were taken down, those costing the
buyers 90A cents. Valeo created quite
a stir, and sold all the way from q TO
1872 cents a share.
The closing quotations We're as fol-
lows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
SIX FEET OF ORE.
A Strike Made In the $50 Level of
the Gold Dust.

The news came in from Mercur last
evening that a strike of considerable
importance had been made in the Mer-
cur Gold Dust mine.
This was afterwards verified by j.
]. Bamberger, one of the directors in
the mine, who stated that six-foot
vein of ore had been disclosed in a
drift on the 250-foot level which car
ries values from 81 to $500 to the ton,
as shown in recent assays.
- The mine has a large quantity of ore
exposed and when asked of the report
that a mill is to be erected at the mine
during the fall Mr.. Bamberger replied
that the directors had talked the mat
ter over but no definite action has been
taken.
Some OF the directors favor the plan
of putting up plant, while others take
a more conservative view of the mat
ter and prefer to do lot more develop
ment before going to the expense of
building a mill.
Mr.. Bamberger is one of the direc-
tors that favors opening up more ore
bodies before doing anything else.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Real Estate Transfers.

Agnes Cutler to Youngs Cutler. 81
acres, northwest quarter of south
west quarter section 25, township
south. range / west .......s
Nathan Smith to Hyrum Smith, 2I-3
acres, northwest quarter of north
west quarter section %, township
2 south, range ! east.
Nathan Smith to Sarah Smith 2L
acrSs, west half of northwest quar-
ter section 29. township 2 south,
range east ..........-. .............
A S. Caldwell to Agnes ]. Hamilton,
south half lot 4. block ), section So,
township south. range l west
E. n. jenkins to w. F. Qualls. lot 5
and east 10 feet lot 6, block 3.
Coates * Corum's South Gale addi-
George Teasdale ct al. to Thomas
Kearns. lot 2. block 7. plat d. %
G. d. Gardner ct al. to B. o. Gard
ner, 30 acres, lot l. section 4, town.
ship 3 south, range l west .....
Agnes J. Hamilton. trustee, to A. S.
Caldwell, lot T. block 8, section So,
township ! south, range l west 49,.
NJ. A. Stringer to Elizabeth V. Da-
Wis, lots II to 16, sc and 81, block 2,
University subdivision ..
c. +. Painter TO Elizabeth V. Davis,
interest in lots and 6. block 81,
pat Z ....-....... ...--........
Ella r. Park to ]. J. Thomas, lot IA,
block .. Thomas subdivision block
16. 5-acre plat ..............
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
TINTIC's OUTPUT OF ORE.
This Week Shows Greatest Total of
the Year.
Especial Correspondence.

Robinson. July 21.-The week closing
with Saturdays product will probably
show as large if not larger output of
ore from the Tintic district of any this
year, aggregating eighty-seven cars as
a grand total. All of this was not sent
forward to Salt Lake, as notably in the
instances of the Mammoth and Bullion
Beck. a part of their contribution going
to the Farrell mill at Robinson, the
dump leasers of the Mammoth, repre-
senting the Mammoth-SioUX mill ship
ment. The following mines represent
the shippers: Ajax, Bullion Beck,
Mammoth, Godiva, Uncle Sam-Hum-
bug. Grand Central. Gemini, Dragon
Iron, the Swanseas. Woodmansee leas-
ers of Sunbeam, Four Aces, Carisa
leasers, and Centennial-Eur Pend
ing the deal with the Star Consolidated,
which has shut off all ore shipments
from that source, and the Joe Bowers
also. which is silent and could be a
regular shipper if their troubles We're
adjusted the total would show at least
six more carloads
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
DRAGON IRON ORES.
Starting of Colorado Shelters Will
Create Demand For Them.

Since the closing of the Colorado
shelters the Iron Mask mine of Red
Cliff, in that state, has been shipping
its pyritic ores to the smelters south
of the city.
These consignments made up in part,
for the ores of that class required at
the smelters. which formerly came
from the Old Jordan and Galena at
Bingham. These properties temporarily
withdrew from the shipping list some
time ago, and just after the cessation
of operations the Dragon Iron mine Of
Tintic was called upon to supply all re-
quirements.
When the Iron Mask broke into the
market the demand from that quarter
was decreased about one-half, or TO
about three cars a day.
With the starting up of the Colorado
plants, which is scheduled for this
week. the Iron Mask ores will go to
Pueblo or Denver. and again a demand
will be made upon the big Tintic mine
to keep the smelters supplied. 1t is I'M
derstood from five to six cars a day
will be needed at the Germania and
Mingo plants.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
PROGRESS AT TINTIC.
Conditions at the South Swansea and
Other Properties.

L. E. Ritter and c. V. Wheeler of the
South Swansea have returned from a
trip to that mine, where they state
everything is moving along in about the
usual way, with no changes.
In speaking of the FL Rey. Mr. Ritter
says the new hoist is in place, and will
start uD next week.
The Silver Park hoist is working
nicely. Two shifts are employed in the
mine, and the shaft has reached a depth
of $50 feet.
Sinking is in order at the New South
Swansea shaft. 1t has attained a depth
of 125 feet, and will be used when COM
pleted, to handle ores that connot be
reached from the present shaft.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Gold Mountain Deals.
(Specia. Correspondence

Snyder, July 22.-Deals are coming
thick and fast on the old Miller group,
Gold Mountain district, recently. Only
a few days since ]. T. Miller and 7. j..
Jukes, owners of the group. leased four
claims to William Johnston, who now
has force of men drifting on the rich
ledge for shipping ore. Later John B..
Weimer has secured a ninety-days OPP
ton on the entire group. comprising the
No. l, No. 2, Blue Ledge. Lookout. No.
Extension, Erie Extension, Ute, Bills
ter and Ute Fraction: also the
Fish creek millsite and Waterright and
a tunnel site through the Meadow
View ard Lake View claims. The final
payment of several thousand dollars
will be made Oct. 90 1899.
The Miller ground lies next to the
Sewer, on the Fish creek side of the
mountain.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
RETURNS FROM La RENE.
Manager Day Says the Mine Has a
Magnificent Showing.


After an absence of several days, A.
S. Day, who is directing affairs at the
La Refine mine at Tirtic, returned
home yesterday morning.
Mr.. Day says the mine now has a
magnificent showing and it seems there
is nothing that can possibly prevent it
from opening up into a big proposition.
In the workings, a vein of forty-stN
feet has been disclosed, which is i'm
pregnated with high grade ore, while
the low-grade values are found in the
black quartz formations.
The present tunnel and workings are
500 feet below the surface and $50 feet
below the lower levels of the Humbug
and Utah mines, which are on the same
ledge. The heavy ore bodies in these
properties have been found from the
surface to the 300 level and the lower
disclosures indicate the values going
into copper and silver ores.
The La Refine company is upraising
on the ore bodies and judging from the
history of the neighboring mines, and
with the immense lot of stopping room
there seems little question in the minds
of those who have seen the property.
that the expectations ~ the owners =of
the mine will be realized.
The company has gone to the expense
of putting in all the conveniences re-
quired in modern mining operations. a
seventy-foot tramway is under con-
struction to carry the ores extracted
from the mine over the road to the
Utah mine. The property is fully
equipped to do work on a large scale
and Manager Day is bending all his
energies to that end and to put the
mine on a regular shipping basis as
quickly as possible.
The work inaugurated some time ago
IN the tunnel on the Utah side of the
mountain has been suspended until
more productive development is COM
pleted in the old tunnel workings, and
from which he expects to send out the
first shipments.
In the upraise recently started lead
values are beginning to assert them
selves
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Mining Notes.

E. G. Rognon was at Mt Nebo yester-
day.
William Hatfield is in Tintic on min
ing business.
The Taylor Brunton sampler received
eight cars of Tintic ores yesterday.
There are over fifty men working in
the mines of Contact, New.
The Uncle Sam mine of Tintic had
five cars of ore on the market yester-
day.
Manager E. P. Jennings of the Dragon
Iron mine is up from camp and will
remain over today.
r. G. Wilson has returned from the
r. G.. w. at Tintic, where he found IA
vorable indications.
n. ]. Williams, one of the Anchors
expert miners, came down from the
Park last night to take in the sights.
The Conklin sampler received seven
cars of ore from Tintic, one from Bing-
ham and one from Stockton yesterday.
William ]. Wilson. the well known
Park City mining man, came down from
camp last night on a brief business
trip.
Fred Flindt, superintendent of the La
RENE, was in the city yesterday, and
left last night for two weeks outing in
the Yellowstone park.
w. F. Snyder returned from Gold
Mountain Friday night, after a several
days trip of inspection through the
coming bonanZas of that district.
A smelter costing 100000 is to be
erected at Seattle, Wash. Parties con-
nected with the original Omaha &
Grant plants are supposed to be the
builders.
E. Scherpillod, superintendent of the
Last Chance mine of Bingham, was
brought into the city last evening suf-
fering from a serious illness. He was
taken to the Keogh- Hosmer hospital to
recuperate.
The latest reports from the Dexter
mine state the two veins cut into a few
days ago are showing up better all the
time, and from every indication appear
to carry out the values obtained when
the veins were first disclosed. The mill
is treating 120 tons of ore daily.
Mr.. and Mrs. Charles Crismon and
son, Joseph, came back from their sew
eral weeks trip to Deep Creek and Fish
Springs Friday night. Mrs. Crismon
made the trip for the especial purpose
of inspecting the Utah mine, the lady
being president of the company which
operates it.
Tuscarora Times-Review: A second
attempt made to start the Dexter COM
pressor yesterday was unsuccessful We
understand one Of the transformers at
the Jack Creek plant was so badly
burned as to be rendered useless, and
a new one will have to be obtained from
the factory.
Wells New Herald: A. j. Malloy
was in town last Friday night returning
from The camp to Salt Lake City He
informed the Herald reporter that a
hoist had been ordered for the mines
he is developing there. The work so
far has been very satisfactory, and they
will soon have a producing mine.
Beaver County Blade. Judge Burton
of Salt Lake City, manager of the Utah
& Boston company, operating the Cop
per Glance property, in company with
Mr.. j. Park Claiming, a mining expert
of New York, was in Milford last
Thursday and Friday making a general
inspection of Rocky and North Star
districts. Mr.. Burton Expresses him
self as well pleased with the result of ]
their Investigations. and makes the pre-
diction that the copper belt extending
over the three districts will furnish the
for some big mines in the
near future
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
WORK AT SILVER KING MILL.
Reason Why the Big Plant Is Not
Running to Full Capacity.

President David Keith of the Silver
King says that a new pipe line to con-
vey water to the mill is not contem-
plated, as they now have an ample sup
ply for all present needs.
The reason said Mr.. Keith, that
the mill is not running at it's full ca
pacity, is because one shift is able at
present to handle all the second-class
ore coming from the mine"
Mr.. Keith says the plant is doing good
work, and that eighty-five tons of crude
ore is being worked through every day
The plant was designed as a 250-ton
proposition, but the work now being
done convinces Mr.. Keith that it will
easily handle 800 tons every twenty-four
hours when the demand is made upon it
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
MR.. MERRILL RETURNS.
Bonds a Montana Mine to Michigan
Parties For $4,000.

Thomas G. Merrill, accompanied by
his daughter Sadie, returned yesterday
from Boston and other eastern cities,
Shere he has been engaged in shaping
up some mining deals which he has had
Sending for some time past
While away he bonded a half inter-
est in the Eidelweiss mine, located in
jefferson county, Mont, to Michigan
parties, for $4,000. The purchasers, in
conjunction with Mr.. Merrill, have
made a--aneaments to commence active
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
WORK ON THE IRON CAP.
Operations to Commence During the
Present Week.

The Iron Cap Mining company, oper-
ating in the West Tintic district. is to
commence work on its group of claims
consisting of the Iron Cap, Copper
Queen and the Necessity Nos. 1, 2 and
3. The property has an excellent
showing of copper on the surface, and
mining men who have seen it say with
development the ground is apt to show
up something pretty good. Eight as
says were taken short time ago, all
of which showed the presence of gold
the samples going from a trace to 81. so
in that metal, the silver values went
from 6-10 to 81 6-10 ounces, with re-
turns in copper from to 10 40 per
cent. Five of the assays showed an
excess of iron from p to Al per cent.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
PROGRESS ON ANCHOR MILL.
The Big Structure Now Being Rooted
and Boilers Placed.

Foreman Richard Williams of the
Anchor mine came down from the Park
last evening feeling somewhat under
the weather, and in need of rest. The
gentleman says the Anchors new mill
is being rushed to completion at a rapid
rate. a gang of workmen are now en-
gagged in putting on the roof, while an
other force of men are busily at work
setting the boilers. This does not mean.
however. that the mill will soon be
completed, as the work ahead is of
that nature which requires time and
does not show up like the structural
work did
Splendid Roadway is being made,
however, and before cold weather comes
the big plant ought to be knocking
through $50 tons of crude ore day at
the least
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23

survey No. APP, Baby Elephant lode.
West Mountain mining district.
Myron W. Davis ct al. Salt Lake,
survey No. 4.123. Elephant fraction lode.
West Mountain mining district.
Myron w. Davis ct al, Salt Lake.
survey No. 4.124. Gold Reef Extension
lode. West Mountain mining district.
w. H. Tibbals. Salt Lake, survey No.
Abs, Liberal lode, West Mountain min
ing district
r. G. w. Mining company, G. w.
Parks. Salt Lake, attorney; survey No.
Alps. Golden Eagle, Rosie Tunnel Site
mining claim No. 2. Eagle lode mining
claim No. 1, and Tunnel Site mining
claim lodes, North Tintic mining dis
trict
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
The Comstock Mine.

The following telegram was sent to
the secretary of the Comstock Pumping
association on the goth inst:
Virginia, New, July 20.-August
Waterman, Room %, Nevada Block.
San Francisco, Cal: Elevator working
continuously. At $50 this morning
water three feet three inches below the
$50 station. G. MN. ROSS"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
On the Safe Side.
Chicago News.)

ICHICdgU NeWS.J
Sandy Spikes-Say. Billy, what yer stop
pin off at such hustlin town as dis fer?
Somebody'll tink yer lookin' fer wurk
next.
Billy Colgate-Dat's jest what I'm doin',
Sandy; lookin' fer wurk.
Sandy SpikeS-W-what?
Billy Colgate-Yep! lookin' fer wurk so
I'll know where it is an won't run agin
it when I'm off me guard.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
To Inspect the Paymaster.
Especial Correspondence.)

Provo. July 22.-Samuel L. Adams,
jr., of st. George. who recently took a
bond on the Paymaster copper mine,
adjoining the Dixie group, for $4,000,
was in Provo este3iay, and in the
ing experts from SAT- Lake, and went
on south to make a thorough exami-
nation of the property. Mr.. Adams in
tends to put force of men on the
mine and push development work i'm
mediatelv
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Dexter OFFICES Moved.

The headquarters of the Dexter Gold
Mining company, which have been To-
Gated in the Auerbach building for over
year past, were removed yesterday to
the top floor of the Mccormick block
This was necessitated for the conven-
fence of the newly elected secretary, E.
H. Airs. Manager S. B. Miner will
retain his Office in the present location.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Called For Duty.

Mr.. Charles of the Arkansas Valley
guest of Manager Moore of the Kansas
City Smelling & Refining company for
the past two weeks, was called home
yesterday on Geographic orders from
his superiors to report for duty. Sew
eral other Colorado smelter men who
have been spending their vacations
here were also called back in order to
prepare for the resumption of work the
latter part of the week
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Ore and Bullion

Ore and bullion settlements in this
city yesterday amounted to $4O,71O, as
follows:
T. r. Jones & Co., ores, s17,5OO; bull
lion, $40, 300.
Bamberger G. Mcmillan, ores, $500
Commercial National bank, ores, &c.
500.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1899-07-23
Yesterdays Sales.

Daisy, 2OOG30c.
DAILY, 100dS1.5O.
Geyser- Marion. 1o0d5Sc; 1oO@514c; 1000
Sic; 1OOa5011c; 4O0d5Olac.
Mammoth, 1OOq$204; 1OO9S2. OS1s; 10O@
s2.03.
Northern Light, 1Ooa5S15c; 2.oOOa59c; 800
G50Ac.
Ingot, 5O0G2Oc; 5OOd2c.
Petro, 500d90Ac.
Valeo, 5O0a72c; 1OOa7211c; 9Oo@73c; 1000
731ac.
Total shares sold, $500.
Selling value of stocks, S, $50.