Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1901-12-21

out ore to be extracted when the mine
shall again start up. The work Of put
ting In new timhers IN the shaft Is quite
rapidly nearing completion and only
few hundred feet remain TO be TIM
bered Nothing has as yet been given
out but It Is believed by people In a 20.
sition TO know that the company VIII
again begin the extraction Of ore carry
In the new year. The gravity tralnwdy'
which was built over a year ago con-
Meeting the mine with the tracks OF the
two railroads, greatly facilitated the
handling OF the immense output from
the mine and materially reduced me
cost of transportation. The production
Of ore from this mine at the rate OF over
100 tons a day was certainly a reveal
ton in the history Of mining In Tlntic.
This work has been accomplished mann
" by the use OF gravity tranWay eG-
tending from the mine to the tracks OF
the railroads below During that part
of the wear that this mine was working
/ e18 carloads Of ore, or SO,Sl5 tons, were
shipped and It 10 estimated that from
this alone the company Melted IN the
nelghborhood of $2,0O00OO, a sum almost
equivalent 10 the purchase price of the
mine. Since the mine was purchased
about two years ago, the new company
has marketed ore sufficient TO balance
this sum and also pay something on me
Investment. A small stringer of ore
was recently followed on the 500 level
until II opened up into large body OF
rich ore, thus the management has
enough ore In sight TO insure the mines
operation for some time to come.
SNOWFLAKE MINE.
This property is now receiving more
careful attention at the hands of Man
ager William Hatfield than at any time
in IFS history Early in the present year
work was begun upon new shaft
house and since that time new set OF
machinery has been installed, Including
engine, boilers, compressor etc, The
g.ound Is located at the base Of Eureka
Peak, between the Eureka Hill and
Eagle and Blue Bell mines, ana has
been productive OF some good ore in
early days The new shaft equipment
win make it possible TO carry on the de-
yolopment down to a sreat depth, thus
tapping the ore bodies Of the Eagle and
Blue Bell. The Snowflake promises to
rival some Of It's rich neighbors In
short time,
EAGLE AND BLUE BELL.
About three hundred tons Of good ore
has been sent out from the Eagle ana
Blue Bell property this year aud Il Is
understood that there is large quantities
of silver ore Blocked out underground,
but at price silver is just now II would
not pay TO place this grade OF ore on
( ne market. should silver advance or
the company put up a mill In the yicin-
lty of the mine, this ore could be mined
Stock in this company
does not often go below 100 and during
the past year has sold for almost double
that amount. This stock at 81. 90 per
share is considered good buy by the
most judicious investors. There Is GER
tainly a r0seate future ahead OF the
Eagle and Blue Bell
LITTLE CHIEF.
This mine. which is located in Eureka
gulch. within the city limits, Ia looking
exceptionally good ut this time and
great deal of exploration work Is being
done every month under the able man
agement Of Pot Shea the veteran mine
superlntendent Of Eureka The stock
remains firm ut about 20 cents, and
there IS not any great amount If Il 10
be picked up at that figure, The props
erty Is equipped with small hoist,
blacksmith shop etc, and II the ore
runs into this property the management
will no doubt find it before the close Of
another year.
C0DIVA MINE.
The usual force Of men at work at the
Godiya and shipments have been pretty
regular during the past season. al
though on account Of the manner In
which this mine il run It is very din
cult to get information as to the amount
Of money realized on ores, or Of the ex-
Istng conditions under ground. During
the eleven months past 200 tons Of ore