The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-30

for the present discontinued, the shaft
being down LOO feet. vigorous develop
liment work is being pushed forward on
the levels above the 1.000-foot. where
some exceedingly rich ore was encoun-
tered last fall. 1t is believed that this
property will ultimately pass into the
hands of F. Augustus Heinze, and one
Of his most able lieutenants. Frank p.
Swindler. is the man at the wheel at
the Eagle e. Blue Bell.
Victoria.
This mine. lying to the south and fur
Their up the, mountainside than the
Eagle & Blue Bell. is another that has
made it's debut into the ranks OF the
This property is worked through the
Grand Central Mining company's
ground on the other side of Eureka
Peak and is making regular weekly
shipments, dividends to the amount of
S125,000 having been paid to the share
holders this year. making a total since
the inception of shipping of s162,5oo.
Snowflake Mine.
Steady and Intelligent development
work is going on at the Snowflake
mine. The drift being run from the bot
tom of the shaft, which is down 1000
feet. looks much better with every
round of holes, and it is confidently ex-
pected that the ore will be encountered
very soon.
Little Chief Mine.
This mine attracted a good of atten-
ton last summer and during the early
part of the fall. AS a result the shares
On the Salt Lake mining board took
an upward flight. which seems to have
been entirely justified. No one can be-
grudge the stockholders of the Little
Chief Mining company. whose claims
! lie in the heart of the city of Eureka,
/ the splendid prospect they have-o of a
| fine future for the mine. 1t is known
/ that a considerable body of good ore
was encountered last summer, and it
was this fact that determined the man
! agement to make the improvements
/ that are now going on on the surface.
/ Until recently underground work was
/ entirely suspended, so that these sur
/ face improvements could be completed.
| On Dec. the new hosting machinery,
purchased from the Silver King Con-
solidated in Park City. was set and
ready for action, and a few days later
underground work was resumed. Su-
perintendent Joseph Hannifin, who is
! heavily interested i'm the mine, is to be
congratulated on the indomitable pluck
and staying power he has displayed,
and 50 must also the remainder of the
stockholders in Eureka and other
places, who, NJ doubt, will in the near
future be pulling down dividends in
stead of putting up assessments. In a
few days a shipment will be ready for
the market.
Gemini Mine.
! A mine that ranks among the bo-
nanzas of the west is the Gemini. The
number of cars that have been sent to
reduction works from this mine make
/ il rank as second in the shipping list.
The exact figures cannot be obtained,
but this veteran old mine is said to
pour into the pockets of its owners the
/ handsome monthly dividend of $4,000.
The Ridge and Valley mine, it's neigh
Dor to the north, and worked through
it, is a regular shipper with a record
during the past fifty weeks of eighty
nine cars.
Tetro.
While this mine has not produced
anything for the past year, vet steady
work is being pushed forward by SUI
perintendent John Strang. The new
! shaft is now 500 feet deep and drifting
for a distance of 400 feet from the bot
|, tom of the shaft toward the old work
ings is now going on. Mr.. Strang says
, that the rock in the drift gets better
! every day, and it is to be hoped that
the Tetro will fall back into the ranks
Of the shippers during the coming year
Uncle Sam Mine.
Situated in that part of the district
the eastern-that is slowly but surely
destined to run the older part of Tintic
very close race in production, are the
Uncle Sam Consolidated Mining COM
pany's holdings. With a total of LAG
cars for the years production, together
with some handsome dividends, Super
intendent c. c. Griggs has much reason
20 feel proud of the record. WhilC
steady development work and the ex-
traction of ore is going on in the Uncle
Sam proper, some important steps in
the right direction are being taken in
the Humbug, also part of the COM
pany's holdings. The old incline shaft,
now ninety feet deep, is to be shot
down to depth of $50 feet, and for this
purpose the company is at present en-
gagged in putting in an electric hoist
Heretofore the Humbug has been en-
tirely given over to leasers, whose op-
] erations have almost entirely been con-
fined to the workings above the tun-
mel, but Mr.. Griggs thinks that with
depth, this unexplored part of the hill
can be made to pay.
May Day Mine.
An important strike made in the Nav
Day mine during the week ending Dec
IA has removed every doubt that NAV
ever have existed in the minds of in
vestors that this property would ever
| break into the ranks of the dividend
} payers. The steady plodding and in
: telligent development work, so charac-
! teristic of Manager ]. E. Darmer and
Superintendent Howard NJ. Eakin, has
? at last been properly rewarded. With
ore on the 800 and 40O-foot levels, en-
countered in virgin territory and Civ
ing promise of opening up big, and with
a reconstructed concentrating plant
. things viii surely hum here next sum-
5 mer. Messrs. Dietz and Keedey, who
) have charge of the new plant in the
mill, have announced that all will soor
be in readiness for the handling of tbs
large quantities of low-grade ore, still
unbroken in the mine.
. Yankee Consolidated.
? A severe setback was experienced
E by the Yankee Consolidated compan,
, last spring, when almost its entir,