davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Mines and Mining Stocks
CAMP OF BINGHAM
HAS GREAT FUTURE

Maurice Starne, a well known mining
man of Leadville, Colo, arrived in the
city Tuesday night and spent yesterday
in a tour Of inspection of the camp of
Bingham in company with Samuel X.
Reinhard of Baltimore, Nd, one of the
principal stockholders OF the Carisa
company.
Mr.. Starne expressed himself as aston
ished at the extent of the camps devel-
opment. The system of mining by
means of steam shovels was investi-
gated by him with the greatest inter-
est, and in his opinion Bingham as
mining camp has a great future
Mr.. Starne also went over the prop
critics of the Bingham Mary, where he
says development work on the 300-foot
level alone convinces him that the
property will some day be great mine.
ain addition to the sulphides on the
300,' he said yesterday, ''the company
has surface groupings for 200 feet. The
ore carries good values, the property
is well located and in good shape, and
it's future as a mine is, l believe, as
sured."
Mr.. Reinhard and Mr.. Starne will
leave for Goldfield tonight or tomor-
row, where the former is heavily inter-
ested in various properties. They will
probably be absent about two weeks,
but. will make the return trip via Salt
Lake.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
DOLLY WARDEN WILL
BE A GREAT DlSTRlC !

W. ]. Stewart returned last MoRa isl
from a two weeks prospecting tour OF t tle
Dolly Warden copper district says ele
Ely Expositor. He states that the en-.
tire country for miles around mas peel .a
taken up by three or four parties, anu
that a person who is trying 10 secut t
claims in that section viii have TO ioea'e
seven or eight miles away z.
''R. T.. Root & Co., who recently i i.s
rich strike in the Victoria nine y Hase
options on eighty claims said MI oes"
art land most of these extend W. Owl
period of three years. These people nay ~
organized a new district known as tls
Mizpah district. and it takes IN part oi
the old camp of Dolly Warden me cop-
per shOwings ON the Victoria are 49, t.,,
lent but Root and associates are nm :
dered in their operations by the iack oi
modern material for working tneir iiiiie -.
"Banigan & Brady struck ricn ore 1,,
the surface a short time ago wnlch VIII
go as high as 20 per cent, ABOUT loul
miles east of Dolly Warden. Ihey nave nav.
not made any effort yet to develop their
ground, but have located tWents-seVeh
claims McFadden & Chapman nave To-
Gated over fifty claims near the bahlsdi,
strike, and any one desiring 10 get 5000
claims stands no chance there Inc sur
face showings are good, but Il remains
for further work to be done pelore the
permanency of the camp is assured
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
MONTGOMERY SH0SH0NE
MAKES RICH SHIPMENT

The MOntgOmeTy-ShOsh is assem-
bling a shipment of ore which will clip
the million dollar mark mighty close,
according to the Bullfrog Miner. 1t is
thought roughly and conservatively es-
timating the matter that 100000 is a low
valuation to place on the consignment
which will go forward to the smelters
within the next few days. The company
has been for the last ten days hauling
ore to the railroad, and there are now
over 1000 sacks at the track. The spur
is being rapidly completed to the dump,
and n large part of the remaining ma
terial will be handled from there. The
entire shipment, which is to be moved
as rapidly as transportation facilities
will permit, will aggregate over 1000
tons.
The timbers for the new mill at the
Shoshone are being framed at San Pc
dro and are to be shipped at once. The
machinery is to follow in a snort time.
The new shaft is now down 12O feet, ana
development in the meantime VIII go
rapidly ahead.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
CHEROKEE
WILL BEGIN WORK

The Cherokee-Neyada Mining eompa-
ny. articles of incorporation Of which
were filed a few days ago, IS the owner
of holdings in Lincoln county, Nevada,
formerly known as the Herman proper
ty, about six miles from Leith. on the
san Pedro The property consists of
FIVE claims, or about 100 acres of ground
in all.
E. p. Jennings, the well known min
ing engineer. reports that the property
has 1850 feet of a strong vein III lime
stone. and n number of shafts sunk on
the lodge show ore in each instance.
The ledge is from six feet to twelve feet
wide and shows good ore on both the
hanging and foot walls, two feet of
which recently showed the presence OF
142 per cent copper, 1902 ounces of sill
yer and % ounce gold.
A carload of supplies, with teams and
all necessary equipment. has been
shipped from Salt Lake. There is pien-
ty of water in close proximity to the
property. and. according to Mr.. Jen-
nings' report, there is enough ere in
sight to guarantee shipments Of fifty
tons month indefinitely, which il is
estimated will yield profit enough for
| the complete development OF the prop
erty.
Those Interested have every conf
dence in the future of the property, and
an aggressive campaign of development
will be commenced and vigorously pros
ecuted.
The officers are F. B. Locker, presi-
dent: c. r. Harvielle of Robinson, Otan
vice president; w. F. Adams OF the Ma
tional Bank of the Republic, treasurer
with A. Fred Wey, George Rust, H. c
Edwards and ]. f. Driscoll OF Eureka
&c diraatorS
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
new YORK ORE
BRINGS BIG PRICE
Less Than Fifty Tons Adds
Nearly $4,000 to the Com
pany's Treasury.
NEW SKIP BEING INSTALLED
MINE CONDITIONS FAVORABLE
FOR INCREASED TONNAGE.
NEW SKIP BEING INSTALLED

For forty-nine and one-helf dry tons
of ore the New York Bonanza company
has lust added to it's treasury the sum
of s4.466.45 The ore was sold on con-
trolls showing 127 ounces silver, 1913 per
cent lead, 81 in gold and 20 per cent
copper. The lot netted the company
lust 1904 per ton.
Reports from the property are of
most encouraging nature. The ore now
being mined is coming from the 200 and
76O-foot levels and. while the new au-
tomato skip is being installed to re-
place the bucket scheme of hosting,
only about two tons of ore a day Is be-
ing raised TO the surface. As indi-
Gated, it is pretty good stuff, however,
and considerably more than meets OPP
Grating costs.
It is expected that Manager NJ. j. Nc
Gill will have the skip installed during
the next few days, when it will be pos
sible to handle four or five times as
much rock in the shaft as is now pos
sible This means that operations will
he conducted with increased vigOr and
that production will be materially in
creased as soon as matters are shaped
up for it.
The SO0-foot level is now practically
the water that makesson. the 400 level
IS row permitted to drain off through
the bottom OF the mine, pumping be-
ing resorted to only to the extent re-
duired to supply the boilers with water.
When the skip is in working order the
management will resume operations on
the S00-foOt level. where conditions
were becoming most interesting when
the flood of water necessitated sus-
pension of work, more than year ago.
To reach the same shoot of ore that is
now being mined east on the 700 and
7e0 Levels it is figured that not over
fifty feet of work will be necessary. And
this is not the only place on the soc
where ore in quantity ana rich in sill
YER and lead is expected to be uncov-
cred. With no pumping expense. as for
meTly. and with facilities for handling
several times as much dirt as is now
possible. The outlook for the New York
is brighter than il ever has been.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
ELY GIBRALTAR WILL
WORK ALL WINTER

AT a meeting of the directors of the
Ely Gibraltar compaL--' held recently,
arrangements were msde for the pros
ecutior of uninterrupted development
nent work all through the winter. The
construction of the necessary buildings
for the housing of the men was ordered
commenced at once. and number OF
reports of most encouraging nature
from the property were read and dis
cussed.
The Ely Gibraltar is one of the pio-
neers of the Duck Creek region, and its
development will be watched with in
terest in local mining circles, as well as
at Ely and San Francisco, where the
stock is listed on the local exchange.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20

would stand thus: IS acres Y by 1850 (the
number of square feet per acre. X l.1W
0he known depth from the top of Doug
las hill to the bottom of the Ludwig shaft.
which is still in high grade Ore). This
gives the cubic feet OF ore. and the cubic
feet divided by IL lthe cubic feet per toni
gives in round numbers 2l1 600 tons of
ore calcuiable, though not strictly in
sight" in the mining sense. Four per
cent equals so pounds of copper to the ton
or very near 17.O00.O00,OO pounds of cop
Ter in the Neva1a-Douglas above the bot
tom of the Ludwig shaft. No account is
taken of what amount may he below. At
the present price of copper this part of
the property alone is good for almost 1000
n1llons-or to be exact. $3.740,O00000.
The figures are astounding, but thelf
correctness is unassailable and they prove
that Mac spoke with due caution in
pronouncing the eVada-DOuglas the
greatest mine in Nevada. But We believe
that acre for acre there are other mines
i'm our great camp that viii ultimately
prove equal TO our great Douglas
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
STRIKE Is REPORTED
IN STRAY DOG MINE

The L. NJ. sullivan market review of
Dec. Is contains the following: News
Of the most sensational strike yet made
In Manhattan was conveyed IL the Sui
iiVan Trust company by wire yester-
LAY a vein of ore has been opened up
on the Stray Dog at the 100-foot level,
four and one-quarter feet wide, aver
aging in value 1920 per ton. Fifteen
inches of the vein give average assays
nf 19S. 81 ounces of gold per ton. when,
al $50 an ounce. equals. approximately.
81. 900 per ton, and three feet Of the
width of the vein gives average assays
Of 81 ounces in gold, or 500 per ton. The
average of four and one-querter feey
according TO these figures, is S1,220 per
ton.
Additional news OF the Indian Camp
Manhattan Mining company in winze on
furnished, and the vein which Is now
cut through is found to De forty feet
wide. giving average values of $3.50
per ton clear across, with some assays
near the foot wall going from $40 TO
1920 per ton.
THE following is an exact copy of
telegram received from General Man.
ager Hoffman:
{" Eleven o'clock shift on Stray Dog
Manhattan Mining company, in winze on
1OO-foot level. opened uD fifteen inches
ore Oh udISilS "eii' III 80 - -
assaying 1854 ounces gold per ton, also
three feet mill ore on foot wall 3.1C
ounces gold I consider this very I'M
portant strike. as vein is getting wider
with depth. Got foot wall of main In
dian Camp ledge this morning. Assay
returns from same today two TO sixteen
ounces gold per ton. Have sunk shaft
in this ledge forty feet with average
gold values OF $2s.60 per Ton. Last ter
feet Of ledge carries heavy percentage
of sulphides and chalcopyrite.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Mining Notes.

Windsor V Rice who for some time
past has been in the east on business, is
expected to reach the city within a day
or two.
w. L. Neal. manager of the Southern
Boy Gold Mining company in the Gold
Mountain district. passed through the city
yesterday en- route for Bullfrog. New
r. A. Virtue of Fairview, New, and at
one time a resident of Salt Lake. passed
through the city yesterday en- route for
New York City on mining business.
Ernest Bamberger has reached the city
from a trip 10 New York, and after spend
ing a day or so here will start for the
properties of the Ely Witch company in
Nevada
Paul Kimball, manager of the Loon
Greek Placer & Hydraulic company, will
leave in day or so for the scene of the
companys operations to arrange for the
commencement of spring work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
MINING STOCK EXCHANGE.
Columbus Consolidated is the Fea
ture of the Day.

Columbus Consolidated was the feature
of the trading during yesterday morning q
session. of the Salt Lake stock and min
ing exchange. Just at the start it was
evident that the stockholders had antici-
pated a greater dividend than 10 cents a
share as It was known that Manager Tony
Jacobson was in favor of a larger amount
Ii is understood, however. that his hands
were tied by reason of the fact that he
had majority of the board against him.
The opening sale on the open board was
at $3.50. after which drop to s5.15 was ex-
perienced. After that, however. the stock
rose steadily, the closing sales amounting
to 200 shares at $6.15.
The afternoon session was without par
ticular feature although the sales during
both sessions were rather above the
average.
The quotations for the day closed as
follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
RAPID PROGRESS ON
BIG GARFIELD MILL

The Boston Consolidated yesterday
began the raising of the structural
steel in the construction of it's great
mill at Garfield. The contract is in the
bands of the Minneapolis Steel & Iron
Works. and from now on the progress
will be rapid.
The plant will, when completed, have
a daily capacity of 1900 tons, and will
be one of the most up-to-date and best
equipped plants in the country. A
large force of men is under employ
meflt. and the work will be pushed
steadily to conclusion just as rapidly
as circumstances will permit.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Utah Stocks in Boston.

Following is the list of Utah stocks
traded i'm in Boston yesterday. together
with the market letter of Paine, Web
Der & Co., as follows:
Boston, Dec. 19.-We have warned for
several DAYS that we must have a break
in the market, and today the drop in
New York was very sharp. In Boston GER
tain stocks broke easily and they were all
comparatively dun and weak. The situa=
tion has not cleared yet. and we would
take advantage of any rally to sell stocks.
Get out and stay out until Jan. 10, and
you will save paying 10 per cent interest
and be able to buy your stocks back
cheaper Anything Secretary Shaw may
do is only temporary and until congress
revises the currency again we will have
tight money. Quotations.:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20

Tel. Bell 1872. 161 s. Main St
The Commonwealth Mines Co. will re-
ceiyc subscriptions for the first cffer-
ing of treasury stock at so cents per
share; par value 81.
This company is now developing a
group of seven claims in the heart of
the Star Mining district, in Beaver
county. Utah. Their property is sur
rounded by the properties of the Pro-
gressive Mining Co, the Burning Mos
COW, the Hub and the Atlas, and is not
far from the Talisman, Cedar, etc.
subscriptions Will DE received by the
president of the company, Mr.. n A.
Dunyon. rooms 1920 Herald building;
the vice president of the company, W.
n. Bradley. at the office Of Bradley q
Pischel. 3OO-30f Atlas block, or at the
Office of the secretary and treasurer, W.
T. Atkln, 206 Deseret News building.
Salt Lake City.
Gold Moulded Cylinder Records, the
best made, 25e each, at Columbia Pbon-
327 South Main.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Open Board.

Beck Tunnel. 10Gs1Tlz; 2,90odsl.s0.
Black Jack. 50o@7ec.
Cyclone 3004I4c.
Carisa. 101d63c: 2Gn62c.
Daly-Judge, Dus12.50.
Little Chief, 50Od19c. seller 60; 1.G0o02oc,
buyer CO. 49,.
Lower Mammoth. 100GA.0e; 50odS1.10.
New York, 100G23c-
star Con, 3,O00G14c: 50od13iac; 1.0OOd13c.
Silver King, 15GS17.50
Uncle Sam. 100d331sc.
Utah 300ns265-
Shares sold, q ,935
Selling value S15 2J5 %.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
GRAND CENTRAL POSTS
CHRISTMAS DIVIDEND
Especial to The Herald.)

Provo. Dec. 1.-THE Grand Central
Mining company directors met today
and posted Christmas dividend of 8
cents a -t15.00o-payable on the
22d. Books close tomorrow at noon.
This makes the total disbursement for
the year $751;, 500.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20

Silver 6S5sc per ounce.
Copper (easting), 2214c per pound; ca
rhodes, 221kc per pound.
Lead s5.S71k per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Stocks in San Francisco.

The closing quotations on Nevada
stocks in San Francisco yesterday. as re-
ported over the private wires of James
A. Pollock & Co., were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Afternoon Sales

Carisa. 10O665c
Grand Central 30dS3.30.
Lower Mammoth. 50dsl .621s.
Nav Day. 5O0d1912c.
Beck Tunnel. 400nsl.71I5.
Black Jack .6OCiI69c: 101dT0c.
Little Chief. 2000d1S1Ac, 4.oo9d19l5c, buye
Co: .O00G19c: 10O0d20c. buyer 60.
Scottish Chief .5G67%c.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Metal Market.

Co. were as follows: ore, $4,000; bull
lion $4,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Ore and Bullion.

ore and bullion settlements in Salt Lake
Yesterday. as given out by Mccormick &
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20

Best Disc and cylinder works fit any
machine.
3s1 South Main.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
HALF RATES FOR STUDENTS

All points in Utah and Nevada. Dec.
20. q. %. Return Jan. 4 See agent Salt
Lake Route.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
Open Board.

Ajax 1.OO0G32c.
Columbus Con. 500ds5.s0. seller 60; 1. 400
as so: lO0ds575: 100ns5.9o: 1O0d$595; 5OOd
500 buyer 60; 1OOd $500; 400 10; 7oods6.15.
Carisa- 100d65c.
Little Chief. 5gpd1s19c: 5006f1ec.
Lower Mammoth, 500G$1.00.
Yankee, 5G1I 40c-
Shares sold, 2. 13S
Selling value, S32.10492.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20

Forenoon Sales.
Carisa IO0Om67c buyer 50; 1.1o0d66c
Daly-Judge. 75as12.371k: 1O0d$l2.50.
Grand Central. 530Gs 800; 150asS.25.
Star Con. 25o0Hi3lfc.
Beck Tunnel. Goa $50
Black Jack. 100sd6Sc.
Victor Con-. J00d11c; 1.0e0G11izc; 2.e009
lie: 53M10c; 1,O00n11l2c,. seller 60; l090Q l2c,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-20
J. OBERNDORFER,
Stock Broker.

Tel. Sell 1872. 1s1 S. Main ST
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1906-01-12
A BROKER SUICIDES.
L. w. Prior, of Cleveland, Kills Him
self in a Hotel - Startling De-
veIopments Follow.

Cleveland, Jan. 10.-L. w. Prior,
junior member of the stock brokerage
firm of Denison, Prior G. Co., shot and
killed himself in room at the Hollen-
den hotel Tuesday afternoon. Mr..
Prior was A years of age, married
and had two children. Mr.. Prior was
formerly president of the Cleveland
Stock Exchange. He was also men,
ber of the New York Stock Exchange,
having paid 100000 for a seat two
years ago, as we'll as a member of the
Chicago Stock Exchange. Mrs. Prior
is the daughter Of c. F. Emery, the
well known street railroad man.
Fortunately for all those who have
done business with Prioc's house his
only partner, Charles e. Denison,
happened to be in the city. Mr.. Deni-
son ever since the organization Of the
firm has lived in Boston and had ex-
elusive charge of the municipal and
corporate bond department for the
east and has had nothing to do with
the management in this city. Mr.. Deni-
son gave out the following statement
for publication:
81 realize the importance of having
the affairs of my firm administered in
the best interest of creditors and debt
ors alike and being wholly unac-
quainted with the Cleveland branch of
the business, closed 1t and requested
committee consisting of Mr.. Fl. r.
Newcomb, Gen. George A. Garrettson,
H. P. Mcintosh, e. G.. Tillotson and
John Sherwin to assist in making g
complete investigation of the affairs
of my firm, and all the above named
gentleman have consented to act and
with me will in due course of time
make complete report to all persons
interested. Creditors and debtors
alike may rest assured that during the
time this investigation is being made
l will permit nothing to be done per-
tanning to the affairs of the firm except
under the advice of this committee,
and every effort will be made to pro-
tect the rights of all persons as they
exist to-day. believe it will be found
| that large stock transactions were the
cause of Mr.. Prior's act"
It is alleged that Mr.. Prior had used
the firms money in playing the stock
| market
Perrysburg journal. (Perrysburg, Wood Co., O. [Ohio]) 186?-1965, 1906-01-12
AT haverStraw, N. Y,
Caused IL Deaths.
HOUSES WRECKED.
The Ruins Caught Fire and Num-
ber of Persons We're
Burned to Death.

Haverstraw, N. Y, Jan. 10.-Seven-
teen persons are missing and are be-
lieved to have gone to their death
when 13 houses on Rockland street in
Haverstraw toppled over late Monday
night into pit 60 feet deep which had
been cut by clay diggers in connection
with the brick making industry here.
Twelve of the persons missing were
occupants of the fallen houses; five
were among the rescuers who went to
the aid of neighbors after the first
house fell and were carried down
when the II other houses went crash
ing over the precipice. The wreckage
quickly caught fire and those who
were in the mass were either crushed
or burned to death.
There is grave fear of another cave
In along the same street and the occu-
pants of seven or eight houses have
moved away.
The landslide which carried away
the 13 houses was caused by the fall
ing in of the bank under which the eX-
cavators for the brick manufacturers
had been working for number of
years. The ground began cracking
and showing seams at noon Monday
and some of the occupants of houses
along the brink took warning and left.
Others believed that nothing serious
would happen and remained.
When the breakage occurred in the
long line of land which formed the
ragged edge of Rockland street, one
house toppled over into the pit with
all who were within it's walls. The
other occupants of the houses prepar-
ed to leave their homes in the face of
binding snow storm. A number of
people who lived nearby rushed to
their aid and were assisting them in
getting out when IL more houses went
down, carrying with them not only the
families who occupied them, but also
several of those who had gone to their
assistance. Overturned stoves set fire
to the buildings and firemen came
from miles around, but when the land
slide occurred it broke the water
main, thus cutting off the entire sup
ply.