davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

Beach. where he viii install his folks for
the summer He expects to return home
IN about week
Brsker E. NJ West returned from a
flshlng trip on the Weber yesterday
morning and reports having caught lots
around.
With samples of rich collaborating
quartz A P DeimaS came in from Ne
Fada yesterday and registered at the VIII
son, where his samples attracted great
deal OF attention during the day. Mr.
Delmas Is making some good propositions
to men who may be willing TO 90 in and
helD develop some of the claims which ne
owns at Gold Quartz
Ed J. Roberts manager Of the Edo
Tado Mining & Milling company's prop
eTty IN the Eidor2dO canyon district OF
southern Nevada came UP from camp
yesterday morning to look after business
on TINS end of the line. He says the camp
IS growing all the time and that during
the present year it will get in shape to
make a record for gold production.
John Dern. president of the CONSOLE
dated Mercur and other companies, yes
terday received the intelligence that his
brother. Philip DerR. had died suddenly
at the old Homestead near the university
Town OF GleSSen- Germany It had been
the intention CT Mr.. Dern and his wife
70 leave Tor a several months trip to the
Old home and their departure had been
arranged for the early part Of last
Dern to postpone his trip for few
months That decision has prevented him
from ever meeting his only brother an
event that he had been looking forward
70 with fond anticipation. Mr.. Dern's
brother was 81 years Old.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
DRAKE PROPERTY VALUES.
Mine at Fay That Carries Splendid
Milling Ores.
Especial to The HeraIdl

FAY, New, June IA recent sam
bling of the ledge on the Drake prop
Srtv made to determine the values for
THE purpose Of shipping the ore 10 the
Honestake mill at Deer Lodge gave
results that ought TO convince the most
skeptical as to the merits of the Pixies
Diggfngs country
The samples were taken from the
ledge for a distance of several hundred
feet, the width being from eighteen
inches TO two feet. and the results Of
eight assays made by the Union assay
office of salt Lake were as follows.
1880. $3.50 S53- so, $500 $3.50 SIG. sol so
and $3.50. These are gold values
alone. the silver running from one
ounce to seven ounces.
Mr. Drake shipped eighteen tons last
fall that went SIS in gold and FIVE
ounces in silver The present sampIing
proves that the values are very uni
form and that Mr.. Drake has somewhat
Of a bonanza There is a larger. ledge
on the property that is opened BY "A
tunnel that gives good milling values
for the whole width OF the tunnel for a
long distance.
This promising property lies between
the Jumbo property, recently purchased
from the HOllingsr and Francis bovs
of Eagle valley by James " tombstone
Of Salt Lake ana the Independence.
which is controlled by a number of
railroad men of Salt Lake with c. r.
Aley of the Rio Grande at tba head of
the company. They are ali on Jumbo
mountain. with the McMuuen Rafferfv
and Croesus groups to the north and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
LIKES THE GOLD MINES.
Scion Spiro IS Well Pleased With His
Nevada Proposition.

SCION Spiro, manager of the Silver
KING Consolidated and Little Bell com
pdHleS properties at Park City, re-
turned yesterday from d weeks trip to
the gold property IN Nevada upon which
ne and others landed the control a short
time ago He brought back with him
more than fifty pounds of samples that
nave been TUNED over to the asSayer.
ana q number of specimens of the rich
ore which are SO heavily laden with the
yellow metal that TO look a them would
cause the oldest gold miner on the coast
10 experience thrill of excitement
After viewing the samples. J. H
keetley, the veteran miner and s-Der-
hlJenCeht of mines, who has the de
Neiopment of the King Con. in hand.
tOid MI SpirO that he need not Worry
ABOUT the value Of the ground from
-Wmcn the ore was taken. de knew it
was an right and expressed keen regret
that he had not been able to make the
"Trip ana inspect the property on mis- own
account
'Ycu know that I make no rreten-
Slons 10 being a mining expert said
MI SpIro- but J want 10 say that nev-
er I'D MY life have 7 been over ground
as hlShiy mineraljzed as 7 found this
Etdorado group 10 he Vt Reno I met
my California associate and from there
We went to Ton0nah From that camp
noTtheriy direction. or about midway
between Tonopsh and Austin. The dis
tTlct Is known as AIoore's creek. and the
four claims in our Sroup are situated
IN the Toduina range, On extension of
the Jefferson range of mountains and
sklrtinS the famous Smoky valley.
running through the four claims ]
found one of the strongest lodges IL was
ever my good fortune to see anywhere.
II has beea opened through shallow
ShaftS and cuts i'm numerous places.
and IN every one of them I found ore.
Some of IL i undoubtedly very rich in
gold and silver. as wei. but that fact
IN itself did not appeal 10 me It was
the apparent strength of the ledge and
the fact that ore of greater or less
value was TO he found anywhere along
the full distance of 5000 feet BY start
ing tunnel on the lower claim we can
follow the ledge straight through the
ground and get splendid depth Water
and timber is abundant and the entire
proposition looks good to me. II the
property was IN some Of the boom
camps over there it would command a
fabulous price right now I am more
than satisfied with myself for having
been lucky enough to get it."
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
STOCKS

slstency with which it has been taken
over leaves little room to doubt thai the
STOCK i being absorbed and withdra wn
from the market around the quoted
prices which have not strayed far from
12c a share.
New York BONANZA has climbed steadi-
~ from &c 10 Sc share. and yesterday
II was understandable under 65c- Authori-
tatiVee information from the property has
Deen understandable but the best informa-
ton 70 be mad makes it reasonably. Ger
tain that the management has entered
upon campaign at the mine which viii
De noticeable in the increased output be-
fore long
Ajax. CariSa. Silver Shield. Star Con-
solidated. Uncle Sam and number of
other stocks that have participated to
greater or less extent in the trading
nave barely managed to hold their own
while the rest of the stocks the selling
value OF which is under 25c. have pulled
through without any material change
The higher priced stocks are holding
pretty strong, with offerings extremely
limited DAILY Daly-Judge. Daly-We est
Grand Central. Victoria Mammoth and
IN fact. all Of the stocks having & selling
value exceeding 81 a share. have been in
frequent demand and could buyer and
Seiler have, agreed on a price consider
able business in some of them would have
been done
Following is the list of final quotations
and record of sales made during the clos
ing calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
LEASES CENTURY MILL.
Sunrise Company of Park Valley Ma
king Run on Its Own Ores.

Manager Adolph LOchwftz. of the
Sunrise COmpdUy-S Park Valley prop-
critics, has leased the Century com
pany's mill for thirty days and on
thursday the 18th. he reported the
plant running full blast on Sunrise ore
For the privilege. It Is said. he was
compelled TO pay the Century company
good price, as the management of
that property was about ready to place
the mill in fun commission upon its
own ores. However. Manager p. "
Madsen was not inclined TO prevent a
neighbOr from making a showing. as he
fully appreciated the fact that il was
not so easy to convince CAPITAL and
machinery firms that the mine was
good without practical demonstration
His agreement To let the neiEhbOrf0z
property secure a JTy-OUt I'm a com
merC1al way cannot hurt the Century.
while il may be the means Of giving
the district the confidence that IT must
gain before coming 10 the front in the
manner which its friends believe 1t IS
entitled to.
For the past two or three years the
Sunrise company has been GeveIonirr
It's mines with as much energy - the
means at its command would allow.
md for a long time past Manager Loeb
Witz has struggled to secure the means
necessary 70 erect q mill and put the
mine on a Seif-suStaiuiu- basis In
opening the property a great deal of ore
has been accumulated and. with the on
pOrtunity which the securing of the
Century plant for a month presents
he IS confident of demonstrating in
manner that must be accented. as con-
elusive that all the Sunrise needs 20
make IL paying proposition is the ia
Cilities to treat the ore.
Small tests have been remarkably
made by Manager LUchWitz and he
has demonstrated to his own satfsfac-
ton time and again that his property
and the ores that it contained were all
right. But the skeptic has wanted the
problem worked out ora commercial
scale before going into his pocket. He
has wanted 70 see business done in a
business way The demonstration now
progressing should place the manage
ment of the Sunrise in a position where
IL can get anything il needs The re-
suits OF the run viii be watched for
with interest from every mining oper-
ator who has knowledge Of the posi-
bilities of the Park Valley district.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
EXAMINED KAWICH MINES.
John Treweek Tackles Camp Previous
to Going Into Idaho.

John Treweek. who has been named as
! superintendent of the Belle of Thunder
N"tIhtdin company : property at Roose-
N4L ola not get off for the north as
stated a few dayS ago. because he had
promised TO first make an examination
OF properties at kaWich New. for Salt
Lake operators He has now submitted
ms report and viii leave for NarnDa and
IEe northern gold district on Tuesday
morning
Mr.. Treweek stated Yesterday that he
Ielt certain that some big mines would
result from Developments in the KaricI
and GoldfielG districts. IN the former
the lack OF water close to camp is the
greatest drawback but that feature can
ne overcome b. piping II in a distance Of
fourteen or fifteen miles. The mineral
zone. he ss9s- Is "a big one. and no less
that four parallel veins run through the
country for several miles. The Cold Reed
pr"c-TtE mas been opened 70 depth Of
- iICt- and tne management intends so
60 trst much tIrtber before crpss-cutting
for the Lodge Some Of the ore in this
CnUTa-y s. vein * 80 rich that it is pos
Sth." 90 SEQ tGe sold on She rock a "a dis
lance OF se-ryaf feet The Lucky Tom
lease on this ground shows eight to ten
Le.t ~ or" that operators state viii run
from 81 fH Sto a ton
At GcIiTiaId Mr. Treweek states. the
Jumbo Combination January. Florence.
bTEfN- T1p- Top AMI other properties are
now getting down 60 crCd. solid work
VIII. ono Of these DAYS. experience a
E .U.ue DrIUl- fie declares that il l. all
h'h~eii~' To t-Idk mat the veins there
age NOR permanent Everything goes to
show jhat they ere. While the DAYS OF the
N.N@i-en'- uCouer ard specimen aSSaE
expert H~o =t au end. he considers that
fu" real prosperity OF the camp is Dut Just
ts EUu.
i}of 10 re-urni.e hc made an cxanina-
fiou sf ID copper property It's location
and the parties FOR whom Zee was doing
tHe W"rr En declined to disclose. but he
stated L"at n was one If the biggest
PROPOSITIONS no oyer saw. bigger than b
ANA -.Ded could b" found iU that country
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
UNITED STATES AFFAIRS.
Directors Explain New Stock Issue
sno Post Dividend.

icr~1r-iuS tho action of the United
: atr@ company at lis special meeting i'm
Boston earlier iU III" week. al which the
capital -..- wa~ inCrea Sod. the direct
o-s have issued the following statement
lu which the announcement of a 75c div
,aen5 is also m4de-
AT the stockholders meeting vasfer-
cav 5fo.F1 shares being represented. it
FsS uEan7-louslV voted to increase the
capital from 5G1.G1g to e'9.f99 shares. and
the new sleek was placed in the hands Of
directors for dfSpgSi ton. The directors
had decided at this time to sell about 20
go shares. and the stockholders are here
~ given the right to buy al par So a
snare. one new share for every seven
shares owned by them at the close Of
business Julv = 1903 The transfer books
viii b. closed at noon July J. and will he
oncrec again at 10 o'clock July 10. The
stock must be- subscribed and maid for
On OF before July Is 1905. No fraction of
shares Vii be ISSUED. Subscriptions nm
der holdings that are not muitipIes Of
seven shares must be adjusted bv the
purchase OF sale of rights Your direct
oTs have voted to pay dividend on
july u 81 - cents share to stockholders
Of record at the close OF business july /
1866 -
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
ANOTHER MINE
AT PARK CITY
Ore Is Encountered on $50 Level Of
Diamond & NimTod.
LEASES THE CENTURY MILL
SUNRISE COMPANY WILL RUN 1T
FOR A MONTH.

A strike has Just beer made in the
Diamond & Nimrod company's prop
erty at Park City and. while details
are as yet lacking concerning the
amount and quality Of the ore, it is Of
sufficient Importance to have caused
not a little excitement among the en-
plOyes Of the property, including the
management So quietly has the COM
pany gone along with its work that
little concerning its operations has ever
found its way into print and for that
reason men who watch the trend of
events in the different Utah camps, or
most of them. viii be puzzled to know
what the company is and where its
property is located
But concerning the strike. The shaft
was sunk at a depth Of $50 feet when
the ledge was encountered No effort
was then made to prospect it. as the
management had previously determined
10 go much deeper. At a depth of
$50 feet it was thought time to reach
out for the vein again and at the same
time prospect it above Consequently
a few days ago drifting was commenced
on the 500 level and 1t Is there that
the ore has been broken into. The
news Of the strike reached a proT7in-
ent local shareholder In the company
Friday night and he was promised
that samples of the ore which was
described as being fine, would be sent
him within day OF two
IF this strike means anything it means
that another big mine is to be added
10 the gradually growing list at Park
City and on that account it is of the
greatest Importance to the camp and
the state. No doubt is entertained
that the ledge viii be found strong
and true on the $50 level and the pre-
sumption Is that Manager John Nc
Conahey viii lose no time in opening
II at that depth
The property consists Of the old Black
Diamond and NimrOd claims. originally
owned by Henry Hirschman, and the
West Ontario group. It is a great
block of ground. thanked on the south
and east by the possessions Of the DAILY
West and Daly-Judge companies and
on the north and west by the Silver
KING and kearns-Keith companies bO-
nanzaS- The company, which is Operat-
ing it. is composed largely of Chicago
and eastern talent together with Hen
~ Hirschman and d few Of his friends
I'm this city. The mine is eouiDDed
with fine hosting plant and the shaft
that has been sunk during the last
two years is one of the best in the
camp.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
MINING STOCK EXCHANGE.
Week Has Been One of Light Trad
ing in Narrow Range of Stocks.

The week has been a quiet one on
change. Trading has been confined to Fl
narrow range OF StOckS and prices on
The whole have been fairly well main
tanned Total sales for the week amount
81 To H9.-S3 shares. the selling value OF
NhlCn was S2a.55l-f9. Stocks having a
selling value Of more than 81 a share have
participated tn the business to a very
limited extent and ira ding in the Others
has been largely professional in charac-
Ter During yesterdays single call and
open session eco shares of stock ONLY
with a selling value OF 8, SOS 80 changed
hands.
The stocks which have made the best
records and attracted most attention dur
ing the week were Lower Mammoth Nav
Day AMI New York Bonanza. Lower
Mammoth with reports of a good strike
on the lao level was advanced from less
than 70 70 Faqre than 20 a share. and
the close fQdnd u selling at 30jkc
The DIR orTn- noes IF MAY Day were
not remarkable So far as the duct uatious
II the price were concerned, but the per-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

ducer that the min
ing engineers say it
is bound to become.
$1,000 per share is
not an exaggerated
idea of what the
price should be with
in a year or two.
Every lesson that
has been taught prac-
teal and successful
mining men will be
us d to the lasting
advantage Of the Glib
raltar Mines Syndi-
cate. and everything
that backing by men
of fortune can do for
the credit of the com
pany will be done.
T Q $ Q vation
of shares can be teIe-
sTaphed or mailed to
w H Clark, secre-
taTy. Gibraltar Mines
Syndicate. Exchange
Building. Gold Fl ED.
Nevada, d n q remit
tanCes should follow
by mail in full at
the price of 30 cents
per share
Prospectus. press
notices, m a p $, en-
Eineers' reports. pho
tograph and other
particulars will b Q
mailed on applica-
ton.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
BONDS BINGHAM CLAIMS.
Silver Shield Gets Option on Ground
in SutterfieId CANYON,

According to the Bingham Bulletin. the
Silver Shield Mining company has been
bonding large number Of claims in the
Butterfield canyon section of Bingham.
It has secured them under bonds which
require the payment of something like
100000 within a year.
The claims purchased include the
o. Kelley and TuTngren group of fifteen
claims. including the Tipperary Irish
American. San Francisco. TurnGren and
other well known claims the Jap group
of eleven claims the St. James group of
three claims and a One-third interest in
the Unlimited adjoining the Shield on the
southeast The O'Reflley group was
bonded to Frank Benedict by the owner
Mrs. +. OReslley. and transferred BY
Mr. Benedict to the Shield. The Jap
group was owned by W. n Clark the ST
James by Messrs- Druehl and Fra nklin.
and the one-third interest in the Jrnlim-
tied was acquired from Barney Quinn
Gus Holmes owning the other two-thirds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

vidual of good reputa-
ton who is informed
There are hundreds OF
honest mining engin-
eers-men who value
their regulations as
priceless, men who
would not allow them
selves to be connected
in any way with a
shady enterprise. The
advice OF such men is
a safe guide, just as
the sincere advice of d
Wall street magnate
would be safe-if it
could be had.
1T is on the advice
of such trained and ed
ucated men that the
earth is open d up,
veins tested by fire.
quent boTings with the
diamond drill. and
then, if the gold or sill
yer is found in suf-
ficient quantity, the
mine is financed and
the stock offered to the
public to raise the
money for driving tun-
nels and sinking
shafts, erecting a
hosting plant, and
perhaps a mill for
treating the ore, or
else a railroad to con-
vey it to a smelling
works. That
the men who know
find it extremely pro-
fitable is proven. not
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
Is THERE MONEY
IN GOLD MINING?

only by instances cit
ed, but by the history
of such properties as
the DAILY WEST.
SILVER KING, and
Horn Silver Of Utah;
De Lamar Of Idaho.
Portland and Small
Hope of Colorado, and
ST. Joseph of Missouri,
each of which has
earned away into the
millions. And
so j the figures run
always in the millions
telling their own
story of the profit in
mining for those who
use discretion and
business judgment.
When a mining prop
crty has been pros
pected by men of the
right sort; when the
district is a good pro-
Queer; when there are
railways convenient to
handle the ore, and
when the men IN
charge have their own
money invested and
are there with serious
business intent, the
chances for large
profits are gOOd-just
as good as in manu-
featuring, agriculture,
trade. OF tranSDOrta-
uon-ln fact, the
profits are usually
much larger on the
capital invested
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

y am often asked"
says Jasper in his ia
nous letter on fnan-
cial topics in Leslies
Weekly, issue of May
is, whether 1 believe
money is to be made in
mining enterprises, es-
pecia1y in gold. silver
and copper properties.
/ answer unquestion-
ably in the affirmative.
The history of this and
every other country
tells its own story.
Probably greater for
tunes have been made
on smaller investments
in the mining of pre-
cious metals than in
any other field Of hu-
man endeavOr.
There is as good
money in mining as in
any other staple. lie
climate line os busi-
ness. and brains. abil-
ity and foresight are as
sure to win out in that
field as in any The
man who seeks mining
stocks, and who will
exercise the same care
and discretion as i'm
other investments, will
find them much more
profitable. = He
who would invest
prOhtably must either
know the mining in
duStry, or he must de-
pend upon some indi-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

ready paid for in
cash and turned over
to the company abso-
lutely free Of indeb-
tedness to sell a
limited number of
shares of treasury
stock
The money that
Will be realized from
the sale of this stock
will be used for de-
velODment work. 1t
Is not believed that it
viii be necessary to
dispose of any more
shares than those
now offered to pro-
vide ample funds to
operate the property
and put the company
on a dividend paying
basis. Should that
b e necessary, how
ever, 100000 shares
remain, and the in
eOrporators are will
ing at any time to
take these shares and
pay Cor them at the
market value.
1t is. of course. i'm
possible at this time
to prOgnosticate the
future value of the
cOmpanys shares.
but If the property on
development. shows
that it is the ore-pro-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18

west. and are covered with perfect
network of veins. the largest being the
Jumbo, with width Of sixty feet. The
Drake showing is only foretaste of
what is to come in this vicinity with
development work
A new strike is reported from this
part Of the country. Richard Cabell,
who has been in the camp for a few
weeks, discovered some good float
north Of McMullen's group, and after
a careful searehl has located the ledge
He has not determined its size yet,
but reports some good values, many
pieces showing free gold.
To the north of the ground located
by Cabell, Charles Rafferty, has shaft
down forty fest on a four-fOOt ledge
Of S. ore. but has been compelled 10
stop work by striking a flow of water
that has almost filled the shaft.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
GOLD MINI BACKED
BY MEN OF FORTUNE

". V. Rice and
James Farrell have
decided to give in
vestors an opportunity
to partake of [ h G
future prospects o {
the Gibraltar Mines
Syndicate. 500 600
shares Of st o ok Of
the par value o (
S1.00 ave be e n
placed in the treas
uTy. and 100000 of
these are offered to
the public for sub
scriDtiOn at 80 cents
per share. The G n
tire capitalization of
the company is l.
100000 shares of the
par value Of S1.0G,
and all shares are
fully paid and nOn5
assessa bic.
This offer is made,
not because the in
cOrporatOrs are in
need of any money,
but because it is the
practice of all mining
companies, in order
to make a market
value for their secu-
rites, and to provide
funds for develop
ment Ork for A
property that is al
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1905-06-18
Mining Notes.

Manager c. l. Rood went out to the
Park yesterday morning to look after
matters at the Ontario and DAILY mines.
Five cars Of ore from Alta. three from
Bingham and two from Tintic reached
the Pioneer sampler at Sandy yesterday.
At the Taylor & Brunton sampler yes
IeTday i've cars OF ore were reported from
Tintic. two were from Nevada two from
Bingham and one from Idaho
Accompanied by his wife and family
Manager Tony Jacobson Of the f,afllrg7blIs
the Salt Lake route last night Mr.
Jacobson has secured q eesItsge al Long