davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26

low of Hartford who was formerly presi-
dent Of the company
The settling basis for copper is lower
by &c per pound this week than it has
compared with Saturdays quotation,
while lead remains unchanged.
". =, O'Mears. who has been spending
the winter on the coast. came in from
San Francisco Sunday night. He expects
to remain here some time and look a ter
business interests at this point
E. 7. Patrick, president of the GoIdfieId
stock exchange board, the new mining
exchange In the bonanza gold camp is
over cuitivating the acquaintance Of the
brokers and exchange members here.
Ed Davies, the well known broker is
preparing to leave for England next
MONTH where he is going to labor in the
Mormon missionary field for two years
If he keeps up his lick on the floor of the
exchange he will leave with d well-trained
voice, anyhow.
NJ NJ johnson of the Newhouse staff
and consulting engineer for the Nipissing
and Dominion Copper companies returned
from his northern pilgrimage SUNDAY
night and is now trying to catch np Wit,
the business that has piled UP on his
desk during the three weeks he has been
absent.
Harry z Carey. formerly cashier for
the United States Smelling company here,
was in the city for few hours yesterday
on his way back TO Salida from a trip of
TWO weeks into the Canadian northwest
He is now prominently connected with
the Ohio & Colorado Mining & Smelling
company of Colorado and has been for
about year past.
John A. Kirby. who has been over in
Nevada since few days before the an
nual meeting of the Nevada Hills COM
pany AT Goldfield, returned home Sunday
night He states that the Netada Hills
property is looking finer than at anv time
in its history and that every pound of ore
10 nos ind fsar
is being shipped TO market.
Louis d. Gordon, the well known Round
Mountain mine operator, banker and
business man, and head of the banking
and brokerage firm of Gordon & Beason
this city, is back from two weeks trim
TO camp. He came out over the Southern
Pacific, by freight, accommodation and
passenger train, as best he could. and
managed TO get two meals tucked under
his belt during the forty-eight hours he
was eu route.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
OLD IDAHO BONANZA.
Golden Chest, in Occur d'AIenes, Be-
ing Brought to Front Again.

After several years of gUiescence a big
strike is reported at the Golden Chest
mine. near Murray Occur d'Alene, Idaho.
The Golden Chest was one Of the fIrst
mines located in that district and has
been worked for more than twenty years,
with record Of bullion produced amount
ing to over S2.000.Go0 in value.
The property was a famous bonanza
producer Of high grade ore in the SOS and
the upper workings still contain large
quantities of handsome rock. The ore
near the surface was mainly soft. cellular
quartz. spr1nlCled literally with free gold.
but in the lower levels much OF the gold
is in the form Of tellurides.
The veins occur in quartzite and schisty
slate and have rather d flat dip of - de-
grees. There are six of these veins in a
zcne $50 feet wide the Katie and Dora
and Klondike being the largest and rich
est of these.
All the veins have been extensively
worked in their upper levels. and an in
cline shaft follows the klOndike shoot
down for several hundred feet below the
Petit tunnel, which is the lowest of the
old workings. The veins vary from one to
fcrty-five feet in thickness, and the aver
age gold content of the different ore
shoots exposed range from IS to $500 OF
which large percentage Yields to plate
9HDalgam3tiOn- \ 2G-stsmp mill and large
lngersoll compressor are located in the
narrow gulch below the mine. where am
pie water power is available
The chief feature Of present develop
ment on the property is an adit tunnel
1908 feet long, known as the Idaho tunnel.
and driven in on a large fissuFe vein for
nearly loo feet at level of several bun-
dred feet below extensive workings in the
upper mountain. and underwriting a very
large reserve Of good milling ore. 4
raise connecting this tunnel with the
hiondike shaft has just been completed
ana IL was here that the strike was made.
Scneelite, one of the rare tungsten ores.
Is found in the klondike shoot in com
merciaI quantities.
The property is owned by eastern par
TIES and II is their intention TO prosecute
an extensive plan of DEVELOPMENT and
largely increase the capacity of the pres
ent mill, 50 that the Chest will soon take
rank as an important producer of gold
Herbert ). Auerbach. a mining man of
this city, is general manager of fbf nroY,-
erty. FF
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
R0SEBUD'S LATEST STRIKE.
Man Locates Ground One Day and
Wires for Ore Sacks the Next.

Rosebud. New. March 21.-The Durango
Girl mining claim was located yesterday,
for ore sacks. The party making the To-
cation and strike is j. r. Mum, and the
property Is located about five miles
northwest OF the town of Rosebud, but
within the limits of the district. Assay
returns from the find. made by Herbert
w. Lawrence. show average values of S243
in gold and silver, the latter predominant
ing.
This particular discovery emphasizes
the fact that Rosebud is a mineralized
district COeXtenSiYe with its iimitS-tCn
miles square. Instead of being a two,
three or tOur-mine camp, II viii ultimate
" have scores of shippers. Mr.. Mum
Durango Girl is on the surveyed line of
the Western Pacific; in fact, many of the
survey stakes are ON his ground.
Rosebud is very prosperous just now,
and growing right along, Notwithstanding
the eXecrabls weather of the past few
weeks and the difficulty of bringing in
D. P. Osborn has built for himself an
all frame residence, the first in the camp
J. r. Norris is putting up a twO-stOry
frame The first floor IS rented 10 the
Utah-NeVada Trading company O. Il.
Smiles, manager), for general merchan-
disc; the second floor to be for lodging.
B. o. Sellmau of Reno Is bringing III
stock of lumber. This will be three lum-
Der yards for the camp.
DIT. A J. MOdr Of San Francisco has es-
tablished himself in the practice of ms
profession. Up to date Rosebud has had
no cases Of sickness of a serious cnar-
acter- Gun plays. however. are of daily
occurrence, ana We are momentaTliy eX-
pecting someone to die with his boots
on
Yesterdays arrivals: J. c. Martin, 5 O.
Newman and 4. c. Jackson, san Fran
cisco; Y. II. Weaver and r. \. Bard, Chi
cago: j. r Mum. Princeton, y J., Tom
G. Murphy. Rhyoiite. William Stranahan
and T. p Zoch. GOldfieid; +. Z. McGurriu
and Andrew Mayberry, Salt Lake; X. u.
Pickett, TOnOpah; James Irayuer, Gold
field.
The strike heretofore reported on the
Lucky Boy claim of the White Alps
group is improving with every shot. rms
is the property under bond 10 the GOss
brothers representing McsSTs. c. L. Al
len, W. NJ Bradley and other Salt LakeTs-
II would seem that this property Is des-
of NnNada.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
Of Paine. Webber x Co, Boston, together
with the range of prices of copper stocks
and other Boston listiHgS in which the
west is interested. as well as \ similar
report on New York curb transactions, a
feature that has just been added by
James \ Pollock 4 CO. 10 its private
wire service, and from which it is Sc
cured for use in this department of The
Herald.
Boston, March 25.-The market was de
moralized all day and showed 10 rallying
power at the close. Further rumors of
financial troubles abroad and higher
rates for money all contributed TO the
heavy selling. No definite news came out
regarding any serious failures. but no
doubt we shall hear something in a few
days. For the present we advise extreme
caution and would buy stocks Tor cash or
on big margins only, as money IS liable 70
be very tight for the next few weeks.
Wire troubles interfercd with getting
complete reports. the close in Boston and
New York being the best service obtain
able for the day.
Boston Copper Market.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
SOUTHERN OPERATORS
PAY $4,000 FOR PROSPECT

Walter James. of Black Rock. and
haInus Anderson. Judge Ferd Erickson
ana n ). Nelson, Of Mt. Pleasant, yester-
daN paid $4,000 in cash for two mining
claims IN Beaver county to T. y Sacketf
ana sons, OF Frisco. and ordered a force
OF SIX men put TO work on the ground ac-
CURED The purchasers are now orgaDiz-
ing a company with a capital of $40 IN
shareS, 10 operate the ground and Mr.
James declares they VIII make a simmer
OF II in no time
ne property is a mere prospect but the
ituse IS so strong and the values so fine
Llsht AT the surface that the purchasers
dld not ask for a second look at the prom
efty before closing the deal The sur
race ore carried o. per cent lead. twenty
SIN ounces silver and per cent conner
per ton. The ground is located about one
haI mile west Of the Horn Silver and is
placJcally surrounded by the Horn Sill
Yer imperial, Cactus and other we'll
known properties of that region
The same parties have also closed \
neai Tor the purchase of nine claims in
me tIold Springs district, adjoining the
Jennie company's domain. This DrODertv
Is known as the Drake holdings in thar
camp and Mr.. James states that fine
tWelKe-toot ledge that has been opened
~ a luJ-foOt tunnel shows vaIues ranging
al the way from 81 to SIS i'm gold nor f l,,7
A company Is TO be formed at once m
operate this property and the Owners
nave no doubt at all OF the character Of
mine that development will make
Il consider the property one of the hest
IN the district said Mr.. James. and We
up" 'N P'ONe II
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
STRIKE MADE
IN HUB MINE
Full Face of Fine Shipping Ore
Is Opened Upon the
200-F00t Level.
MINE OWNED IN BOSTON
BEAVER COUNTY'S MASCOT
TURNS The TRICK.
MINE OWNED IN BOSTON

Through a strike that was made on
Saturday another Beaver county PROPOSE
ton has been added 70 the producing list
and, judging from the reports made mon
ey viii he made rapidly. In a drift on
the 200-foOt level of the old Hub prop
erty, now owned by the Utah Mining
Milling & Development company of Bos-
ton, a fun breast of Iead-silver ore that
viii ship at the rate of $50 TO so per ton
was broken into and Superintendent Dan
3. Ferguson, who came up Sunday morn
ing. is about the happiest individual in
town
Il knew the ore was there" said Mr.
Ferguson and that it was simply a mat
ter Of getting into il in the drift from
the shaft The shoot, / am sure, is going
to prove big one and, that it viii ex-
tend right through to the surface. about
ID TO 20 feet, on the dip Of the lode, l
have no doubt. After room is made for
men we shall be able to ship a good ton
mage
Dan Ferguson is proving q genuine mas
cot for Beaver county. He went down
there year or more ago and took the
old Burning Moscow, which had been IN
productive for years. and in ninety DAYS
converted it into a fine shipper again.
He has now been turning a similar trick
at the Hub and at the same time has
consented TO again exercise a supervisory
care over tDe QeStlilteS Of the Burning
Moscow for its owner. Matthew Cullen.
I am not SeveTing my connection with
the Hub property, by any means de-
Clared Mr. Ferguson. but Mr.. Cullen
wanted me to look after matters at the
Burning Moscow again and I have prom
ised to give it as much Of my time as
affairs at the Huh viii allow. ] took hold
of the Burning Moscow on the 18th of last
month and now have the property in pref
y good trim again. Shipments from it
viii be resumed soon
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
INDIAN QUEEN SACKING
ORE FOR SHIPMENT

Manager LOrin Morrison returned YES
ierday morning from trip TO the Indian
queen companyS property in Beaver
county where he reports that saclzine of
orc that VIII net so ton is now being
regularly sacked for shipment 10 me
smelters OF this valley. The property. Mr.
Morrison says. is improving every dav
and he IS now positive that one of the big
mines or the southern country is going to
result from the campaign of DEVELOPMENT
now being so vigorously prosecuted
Mr. Morrison says il is simply electrffv-
ing TO see the interest which is now being
taken an mining down in Beaver county.
The entire region is being constanfIv
secured by men looking into this and that
proposition and by numerous prospectors
who are making strikes in places never
dreamed TO carry ore before. The Cactus
is getting bigger every minute and he
declares that no copper mine I'm the en-
tire west is to be compared to it for a
minute or in any way.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
JENNIE CROWD FORMING
NEW MINING COMPANY

The men who have made such fine
success in bringing out the Jennie com
pany $ properties in the Gold Spring dis
tFlct, Iron county, where the new mill is
now beginning to have its try-out. and
where gold VIII be rolling off the plates
within few days. were ali in the CITY
yesterday preparing TO launch the Jennie
Extension Cold Mining company. which
takes over group of five claims adioin-
ing the Jennie on the south and which
is claimed TO carry no les sthan five Iedges
including the Jennie and Snowflake veins
The new company is to be capitalized
Tor $4,000 shares of a par value of % cents
each and 10000 shares are to be set aside
TO provide working capital. F. r. Davis
Is named as president. c. a. Short vice
president and manager. II. r. Elliott sec
rotary and treasurer; the remaining direc-
tors being 4. E Short and W. W. Barton.
Work will be started at a point only
about 500 feet from where the Jennie com
pany is now doing its mining and where
a fine working shaft is now going down
at the rate Of four feet a day.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
GREAT LEDGE
IN WEST QUINCY
Core Drill Proves Contact Vein
to Be Thirty Feet Thick
Between Walls.
SHAFT TO BE SENT TO DEEP
GOOD VALUES ARE FOUND IN
VEIN MATTER.
SHAFT TO BE SENT TO DEEP

The contact has been reached aud core
drilling operations at the West Quincy
company's Park City property have been
suspended The mine is now closed down
and will so remain until the six feet OF
more Of mushy snow has disappeared and
left the roads in condition for hauling to
the mine. That is likely 10 be nearly
sixty days from now Then coal and all
other necessary supplies viii he delivered
al the mine and the main operating shaft
VIII be pounded down TO the 1.3JO-fOOt
mark below the surface. where the great
contact ledge between the lime and pOr-
phyry has been tapped by the drill Man
aged c.. d. r, Turner is happy over the
results of the cOre-dTill prospecting, as II
has completely proven his contentious.
superintendent y. y. Mclean, who has
so cleVerly carried on the work and VINO
has stuck so closely to his post. will now
take WeU-earned vacation for a few
weeks ard look into some propositions in
Nevada that he has been anxious to get
a Whack at, and return TO the Park just
as soon as he Is notified that the roads
viii allow resumption of opera tons
Speaking OF the work of opening the con-
tact and describing the results attained
Manager Turner said:
1T was Wednesday last when the con-
IdfI was reached at a depth Of 1850 feet
from the surface. Between the lime
hanging and quartzite foot wall we have
found thirty feet of highly mineraliZed
ledge matter The first fifteen feet. or
casing of the lode. was highly mineralized
lime, with lead and iron in every seam
This did not core perfectly all the time
but such material as came out looked
line and carried fair milling values I'M
medlately under this the drill cut fifteen
feet OF soft material which is likely to
prove good grade of carbonate ore
Much Of this material was carried away
IN the water courses and no really salts
factory samples were obtainable IT is
gratifying TO know, however. that GOOD
ore exists in the vein, a fact that was
amply proven by the particles of rich ore
that did come up with the dTillings. 1 can
give no accurate estimate Of the value OF
the vein at the point il was cut. for the
reason stated, but 1 nave no hesitancv in
saying it is good. As we encountered ore
in the beddings 100 feet above where the
contact was opened, and as the underly-
ing quartzite has been reached. there is
no need 10 go deeper with the drill
Just as soon as possible we shall be
GIN sinking the vertical shaft and never
let up until the mine we are now certain
exists in the ground is opened up The
core-drilling scheme has proven uD the
formation and the lode and we are now in
position TO go inteIigentIy about the
complete opening up Of the mine. It is
nov simply question of doing so much
work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Mining Notes.

Seven cars of ore from Utah. one from
Idaho and one from Nevada were released
from the Pioneer sampler yesterday morn
ing.
p N McGregor the Rosebud operator.
is in from camp for stay of a few DAYS
at home He reports everything booming
at camp.
The Taylor & Brunton sampler vester-
day released eleven carloads of ore froIr,
Utah mines, two from Montana, two from
Colorado and one from Idaho
President David Keith and General Man
ager Thomas. kearns of the Silver Kinr
company reached home from the Goa Fl
SUNDAY night after having been DELAYED
the better part or a week on account of
the floods and washouts.
At the annual meeting of the Majestic
company. held last week, the only chsnee
made in the board of directors was in the
selection of d. W Williams of Glaston
bury, Conn, to succeed William 3. Muck
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Mines and Mining Stocks
MINING STOCK EXCHANGE.
Begins to Look as Though Stocks in
Local Companies Were a Buy.

It was a matter Of general comment
yesterday that the local mining stock
market was scraping the bottom. There
was some hammering of South Columbus
Consolidated and a few other stocks fall
ed 10 make a better showing than the
close Of last week presented, but on the
whole the market was steadier and a
shade higher. due to an evident participa-
ton % the public in the buying side 1t
is possible, il eastern conditions continue
that some of the local
stocks ought to be bought now, for as one
member of the exchange terSely put it
during the afternoon. VThose who wait
for the top at which TO sell and those who
wait to get ia at the bottom usually get
left"
During the two regular and open board
calls a total of $3.50 shares Of stock with
a selling value of sol $3.50, changed hands.
The list Of final quotations and record of
sales made were as follows.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
D0lNGS OF UNLISTED
STOCKS ON EXCHANGE

listed stock dealt in yesterday that did
not get its bumps. It was traded in al
I6c. or about a cent better than the clos
ing price of Saturday. Newhouse sold at
Sl9.15 back to SO, Ohio Kentucky was
dropped at 81 q and Ely Witch at 81.
Honerine was jolted down the line from
s5c to 92c and sold at CSC at the close.
Copper Glance was quoted at 25c626c.
without sales, while Eureka-Swansea 7Ex-
tension sold 1,o9o shares at Ike and
Western Nevada Copper 100 at s1.15
McDonald-Eiy was an offering at 81 10
Ohio Copper was quoted at s. .e5dS4 20
Emma Copper at 3Scdi2c and Cedar Ex-
tension at l5c asked
There was not much of a disposition to
trade in the unlisted stocks and the Door
prices made In the active list were large
~ the result of professional manipulation
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
TWO MORE COMPANIES
ORGANIZE FOR BUSINESS

Articles Of Incorporation of the r &
;. Promotion company were filed yester-
day with the county clerk The author
lied capital is $4,000 in shares of a mar
value OF Sl05 each. The company owns
property in White Pine county. New. ana
IS organized 70 do a general mining and
promoting business. The Officers are !,
J. Raddatz, president and treasurer: II.
@. Snyder. vice president and genera,
manager; W. l. Snyder. secretary. These
officers also constitute the board of direo-
tors.
The Midway Mining company of Mid
way, Wasatch county, Utah, filed articles
yesterday with the secretary Of state
The company is organized for the deveI-
Opment of five claims in Star mining dis
trict, Beaver county. The capital is SIS.
900 in shares of a par value of 10 cents
each. The officers are. William Yardlev
president; Edward T. Culmer, vice presi-
dent; William Van Wagner, secretary
and treasurer. The board of directors is
composed of these officers, together with
Charles A. Gagen and Glib Law.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
COPPERS OFF IN BOSTON.
Prices Drop Below the Level of
March IA.

Boston. March with practically no
support prices broke violently in the Bos-
Ton stock market today, extreme losses
IN leading copper stocks running from /
70 L points There were some slight re-
was very weak. North Butte, after OPEN
ING at -. a decline of 612 from Saturday 5
Ciose fell to 797s closing at Sl2; Osceola
declined to 1921. loss of 1872
Iodays break carried many copper
shares below the level reached in the de-
moralized market Of March Il. Tamarack,
me low price of which on March II was
10. today went to los; Quincy. lie to los:
Isle Royale fell from 10 10 1715; Franklin
from is to 1872. and Butte Coalition from
= 10 2; CRANKY lost 3 points. Advices
IRON London regarding the break in the
prlce OF copper were believed to be large
" IesponsIhIe for the davis declines.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Other Districts.
COLORADO COMPANY IS
NOW TAKING OUT ORE

Provo, March 25.-The Colorado Mining
companys ore house at its Tintic prop
erty is now sufficiently completed to ad-
n.st of the storing of ore, which has been
commenced by putting in a carload taken
from the mine Saturday.
This is the first ore taken out of the
mine and i. is expected the good work
will be prosecuted as rapidly as posi-
Bile. Ths ore is being taken from the 30
foot level The drift in the 30o-foot level
will have to be pushed fifty or sixty feet
further before the ore is reached there
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co. amounted to ss0.010, as foliows Sill
yer, lead. gold and copper ores. $4,000;
base bullion, s70,eo0.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Stocks in San Francisco.

The closing quotations on Nevada
stocks ~ 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, 1907-03-26
Metal Market.

Silver, 655se per ounce.
Copper (casting).. 24s4c per pound.
Copper (cathodes), 25c per pound.
Lead, S. per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Open Board.
Afternoon Sales.

DAILY Judge-10G970 90; 100a9.6o
Nevada Hills-304d3.55
Uncle Sam-5ooa5l, buyer 90; Io0a50; 600
G491z; 56fd51. buyer 80.
IngOt-J00d9.
New YOTk-500a19iz
Scottish Chief. 0o9d7.
South Columbus Con.-100d1.071 1O0a
1Q5; 209d11o
Seven Troughs-200qS6; 900aS5.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Union Assay office.

NJ 8 Hanauer J. V. Sadler
l5s So. West Temple. P, o. box 144s-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-03-26
Open Boar

Beck Tunnel-900fI1.72 le
Black Jack-100060; 2D1059
Butter Liberal-2.0c0010.
Colorado Con.-25d5.5G; 50d51
Carisa-i00d55.
Grand Central 200Ta6e.
DAILY Judge-1eq9. 20; 200d9.65
Ingot-1, 000GS1z.
May DAY. ,00GG29
Star COn--509632; 49oTS4tz: J0d35.
Uncle Sam-400d 49,; 7OOGJg.
Shares sold, lis.
Selling value, S23,025.5D