Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-02-18
Salt Lake and GoIdfieId Parties
Have Acquired Property in
This Nevada District.
LAFAYETTE H0LBRooK'S BUY.
secures Ground at Poker Brown
sprIngs--Contalns Rich Outcrops
Other Mining News,
SPECIAL Correspondenee.


Vernon, Humboldt Co, New, FEB. H.
The present Is passing into history az
a notable week for mining deals and
mining organizations in the Seven
Troughs district. Besides the big $780,
900 deal at which ngure Johnnie Harnan
and associates OF the Portland mine OF
Cripple Creek. Colo, bought a half in
terest In the Lookout property here.
series OF other deals having had an en-
livening effect during the last few days,
William Cutler, the discoverer Of the
gaIena and carbonate ore bodies at
Poker Brown Springs that caused the
recent stampede, sold his NTH interest
in the choice group of six or seven
claims he located TO L. Holbrook OF
Provo and Mr.. Cravens OF Salt Lake. on
a basis of $4,000. This is upon ground
which no development work has yet
been done but which shows ledge out
Groupings of remarkably rich and
strong In galenas and lead carbonates
carrying values in gold and silver.
What is considered sale illustrating
the ascent of mining prices is the deal
Of few days ago in which George
Romney and associates OF Salt Lake
became the possessors of a claim and
a fraction for $4,000 and 10000 shares
of stock in the same property The
ground lies west of the famous Seven
Iroushs mine, The original owners
were +, A. Bird. Thorne Dorsey. Dr.
Pinnlser and j. A. Mcintosh.
II. w. knickerbocter has just con-
summated sale IN which the Kinder
garten Extension passed into tho pos
session of Lester d. Freed Tom ID.
Pitt Thomas Homer. G.. X. Cleaveland,
w. G, Lexington and others OF Salt
Lake. This property consists of a
group of claims lying south Of the Kin
dergarten mine The sale has resulted
IN the organization In Salt Lake of the
kindergarten Extension Mining COM
pany. The purchase price has not been
made public.
The Vernon group OF four claims ly-
ing south Of the Wonder property own
ed oy Messrs. Williams and King. We're
sold TO investors from Goldneld C.
W. watts OF salt Lake. representing in
vestors In the latter city, has just closed
deal involving the purchase Of a
group OF choice claims to the north of
the Fine Gold. In practically each in
stance the purchasing parties Intend to
conduct active development work so
'"ah al unprecedented era of mining
activity Is promised for the district.
Among the mining companies recent
~ organized or in process OF organiza-
tioh are the Gold Prize mining company
by Charles Myers and associates 10
work ground adjoining the Seven
mroughs mine on the north; the Seven
Ifonshs Goldheld Mining company by
NJ. A. Smythe and associates in Gold.
neld TO operate the Mizpah claims near
Ihe Kindergarten Extension: the Seven
Troughs Lookout. by Joseph hin and
associates. and Johnnie Harnan and az
sociatcs and others
me district IS being flooded lately by
lnoomers particularly from GoldfeId
and salt Lake. Among the latter were
a crowd of Seven Troughs and Kinder
garten stockholders that inspected
these properties yesterday. They were
w L. Mangum, John Roundie. 4. Cra-
ven ana W II, Child and ne
Der JeN. Among today's arriv-
as We're @. r. Cleaveland of the
cleveland Commission company. Geo,
SILKS and Messrs. Burnham and FIynn