Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-03-05
MINING, BUSINESS AND STOCKS

Jennings viii spend the spring and
summer in this famous copper-bearing
! district and VIII be Joined later on by
others of the company he represents
Richheld sun.
Capt Duncan McVlohie and Robert
| 4. White general manager and chief
engineer respectively. OF the Balak-
lalla Copper company departed for the
east yesterday TO confer with Joseph
A. Coram the originator Of the Amer
| lean Consolidated Copper company,
| and who Is the possessor OF an extern
siye interest in the California copper
| producer
on the Martha Washington claim in
| Cripple Creek where W. $, Stratton
found his first rich ore IN early days,
At "a depth Of goo feet six-inch
streak has been opened which assays
S3.S00 TO the ton. General Manager
Becker considers It one OF the most
important strikes that have been made
in the Washington mine for a long
time.
The Balaklalla Copper company has
filed a certificate of Incorporation with
the secretary of state Of Maine. The
organization, which has an authorized
capital Of Si0.000,0O0, OF which moth
ing is paid in, is given the right 10
conduct a general mining business In
any state and to acquire the stock and
property of other mining companies
Willard w. Baldwin Of Portland Is
named as president and clerk.
The outputs Of the Fay mines, AL
loue2 and Centennial, of Michigan are
sold ahead TO next May and no copper
Is being offered beyond that month.
quite a large block of copper has been
sold by these two mines within the
past week at close to 1914 cents a
pound for delivery in March, April
and May. The annual meetings Of the
Alloue5 and Centennial mines will be
held March 10 and April 3. respective
ly.
Hyrum Nelson of Salina was in
Richheld last Friday. making the Sun
office call. Il is Mr., Nelson's inten-
ton to begin the publication Of news
paper at Kimberly at an early date, to
advertise the great mineral resources
of Gold mountain and to put the big
camp in closer touch with the world,
The new paper viii be called the Gold
Mountain Nugget. II will make It's APP
pearance about March l0,--Richheld
sun.
D. GuTk CHdllnlHk, ulluef whose VI"
rection the properties which comprise
the domains Of the Butte & London
Copper company at Butte have been
subjected to examination, was among
the arrivals from the north during the
day The Butte & London is recent
exploitation and, with the exception of
Coalition, probably holds the record
for the quickest promotion ever made
in the Butte copper camp. The stock
was oversubscribed before the company
was organized
Messrs. Frazier and Arnett, two ex-
pert miners In the employ of Heinze,
the Butte copper king have been in
Eureka for the past few days making
an examination of the Eagle and Blue
Bell mine. Last night Manager Mac
Vichie of this property came to Eureka
and was accompanied by civil Engi-
neer Frank who Is also upon Heinzes
staff There is no doubt but what
there has been a change in the owner
ship Of the Bingham Consolidated
properties, and the strength OF the
Eagle and Blue Bell stock during the
past few weeks simply goes to show
that an effort was being made to ac-
quire every share possible In order
that the old company might be dis
solved and its entire holdings properly
transferred to the new owners.--Eure-
ka Reporter.