davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
B0ST0N-IDAH0 COMPANY
BUILDING A NEW MILL

Elsewhere w n. Pierce, manager of the
BOston-I Idaho companys mines IN the
Wood River country. tells the story OF the
great discovery OF cinnaoar near haliey
but he did not come to Salt Lake for that
purpose. He gave the strike news because
he is loyal to the region in which his
company is operating and because ne telt
that the world ought to know about IT,
Mr.. Pierce came down from the north
for the purpose of closing up a contract
with the F. C. Richmond Machinery COM
pany for the new 1O0-ton milling plant
that is to be erected at his company
properties at once. He has been plugging
along with little thirty-ton mill for a
year or more. and it is now absolutely
necessary that he provide better and en-
larged facilities for the handling OF the
lead-Silver and zinc ores that the differ
-ent mines of the Boston, Idaho company
afford in generous quantities.
Our company recently secured the
Lucky Boy zinc mines, from which the
Lanyon Zinc company shipped so much
high-grade ore" said Mr.. Pierce. and We
are now getting ready to treat the thou
sands of tons of second-class ore they left
behind on the dumps. with the mine prod
uct, as well. Through the aid of the
General Engineering works of this city
We have worked out a process that VIII
permit US to make 50 per cent zinc con-
centrate from the 30 per cent second-c1ass
ore with great ease, and that we pro-
pose to do. The new mill will be built
in three units, two of which will be made
10 treat our le3u-SllVef ores ana me InlfG
will be devoted to the zinc ore Our
mines are located in the Warm Springs
| Creek mining district and We are getting
things in shape to make the proposition
pay for the money that has been and is
being expended upon it,
Mr.. Pierce is an enthusiastic exponent
of the merits of the Wood River mining
region and he declares that region
which has produced such wonderful re-
suits in the past is sure to more than
duplicate all that has been accomplished.
He recites the fact that the old sam
ping mill at HALEY alone has passed
through its crushers since the beginning,
and according to the records. no less than
s21 OO0, 600 worth of ore. ore that has aver
aged 100 ounces silver and 60 per cent.
This does not take into account the vast
amount of ore that was shipped TO OUT
side mills and smelters without being SAM
pied at Haley; it does not take into &C
count the vast amount of wealth that
has been represented in the ores that
went through the mills at Ketchum, Belle
vue and from other camps tributary 10
Woodriver.
Mr.. Pierce states that Idaho is only just
beginning TO get down to real business
in mining. Notwithstanding the state :
wonderful past record, and he predicts
all kinds of big doings in the Wood River
region during the years 10 come. He will
return to the mines as soon as his bUsi-
ness here is concluded
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
BINGHAM CON.
REORGANIZATION
pollock Private Wire0

Boston, April "details of the reorgan-
ization of the Bingham Consolidated Mine
& Smelling company are contained in
the following letter just issued by James
p. Cravens president of the new Bing-
ham Mines company;
To Stockholders of Bingham CONSOLIDATE
ed Mine d Smelling Company:
The Bingham Mines company has been
formed under the laws of the state of
Maine with an authorized capital stock
of $1,500O00, consisting of 10000 shares
par value of so each. This company
makes the following offer to all share
holders of Bingham Consolidated Mine &
Smelling company as of record on books
of company on this day: In exchange for
each share of Bingham Consolidated, to-
gether with 50 80 per share in cash, pay
able as hereinafter set forth, Thursday
the company will issue one full-paid
worcestershire share of capital stock in
the Bingham Mines company. All stock
holders desiring to avail themselves of
this offer must deposit their stock with
the Federal Trust company on or before
April 10 next, IT noon. accompanied by
the payment of s. per share in cash and
a subscription upon a form to be prOvid-
ed for the purpose of the payment of
S.. 80 per share additional. The Subscrip-
ton to be payable as follows: Fifty cents
on or before May 10, 30 cents on or before
June 10, 80 cents on or before July Is, e
cents on or before Aug. 10, 80 cents on or
before Sept. -. Interest on prepaid in
stallments will be allowed at rate of
per cent per annum.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
C|NNABAR ORE
On WOOD RIVER
Sensational Strike is Made by
Haley Man After Years
of Toll.

Haley and the Wood River country
Idaho, in general are worked up over
what is considered to be the most i'm
portant and unusual discovery that-Aas
been made up there in many years. The
discovery consists of a deposit of CHINA
bar in limestone at a depth of 400 feet
beneath the surface, the extent of which
has not yet been determined, but which
has been opened up i'm a tunnel 800 feet
from its mouth for distance of eighteen
feet. A general sample of the ore was
brought to this city yesterday morning
by w. n. Pierce, general manager of the
Boston & Idaho companys properties,
just to show what the discovery was
based on. The rock looked as though it
would carry anywhere from 10 to 10 per
cent of mercury and the fine particles of
white iron in the gangue suggested the
presence Of gold, as well.
81 have not a pennys interest in the
property" said Mr. Pierce, land l know
that a day or two before L left camp the
owner of the ground. John Dacherl, an old
German resident of Haley, fatty de-
clined an offer of $4,000 cash to cIinch a
ten-day option on the property at round
figure. The owner simply stated that he
wanted time in which to do some cross
cutting and learn more about the extent
of he 6anOsit
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
GEORGE WESTON
ON GOLD CIRCLE
Colorado Veteran Gold Miner
Predicts a Bright Future
for Camp.

George Weston, a pioneer of the Gilpin
county, Colorado, mining camps, that
have been steadily adding to the worlds
supply of gold since 1889, and which are
still making records for production, has
just been making a two weeks roundup
of the new Gold Circle district.
Il have been in Goldfield, -Tonopah and
dozen other camps in Nevada during the
past few years, said Mr.. Weston yes
uerday, land | can truthfully say that
to me Gold Circle presents better pros
poets than any of them for producing
goOdly number of mines. In radius of
five miles of Midas / believe that not
less than dozen big mines will be made.
do not expect them to be remarkable
for the sensational values they will show
in the ores; but they will produce large
quantities of fine milling rock, rock from
which big dividends will be earned, be-
cause of the chance to economically OD-
crate milling plants in that country. The
main lodges of the district have north
westerly trend and you can trace them
through the country for five or six miles
without an. effort. These lodges are cut
at intervals by crOSS-fiSSures, and the
naturalization is general all over the dis
trict. | PANIED for two weeks and got
strings of colors indicating values of all
the way from $40 to $3.50 a ton. The lodges
prospected by me ranged in width from
twenty inches to twelve feet and the re-
suits were such that / could not help
noticing the similarity of ledge texture
and values with those of Gilpin county.
Permanency is branded in the matrix of
every ledge and ores uncovered are just
as suggestive of uniformity in strength
and depth. Lots of rich ore is going to
be found in the district, but the big mon
ey Will come through the handling of
great quantities of so to $50 rock
"A Reno combination has been organ
lied to build an electric light and power
plant on. Rock creek. some twelve or fiji
teen miles from camp. where the syndi-
Gates engineers have reported that 6O01
horsepower can be developed. Work
was told, would begin within few days,
or as soon as it was possible to get men
and supplies into the country. The same
crowd has leased or bought water rights
short distance below the town of Midas.
with the purpose of putting in custom
/ milling plant. If this is done it will give
the numerous leasers in the district a
chance to realize good money on the mill
ing, ore they develop in the search for
hlgh-grade shipping rock. Yes. ] believe
the district is going to make big and
permanent ONE
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Mining Notes.

All grades of copper were reduced an
other point in the eastern markets yes
terday.
s. c. Sheriff.. the we'll known contrac-
tor is back from a trip to Cananea.
Mexico, where for the Phelps-Dodge III
terests he is erecting a great number OF
buildings at the copper properties.
Charles O. Ellingwood. the eastern end
of the National Development company.
and well known in this city. will arrive
from the east today to look after busi-
ness matters on this end of the line.
Superintendent A ID. Moffat of the Gao
tus mines of the Newhouse company is in
the city on one of his periodical business
trips He reports the mine TO be giving
a most excellent account of itself. while
power from the Telluride company's Bea-
yer river plant viii be supplied at the
Newhouse properties Monday.
James w. Neill who has been spending
the past two months or so making exam
nations of Montana mining properties
and reporting his findings to clients in
the east. came down from the north yes
terday to spend a day or two in Salt
Lake on his way to California. He stated
Yesterday that the big dredge on his Cali
fornia gold property would be finished
and in commission by the first day of
Nav.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
MINING STOCK EXCHANGE.

The local mining stock market is wait
ing for something to turn up. The public
is not represented to any great extent in
the trading, and there seems TO be dis
position on the part of the professional
talent to allow things to drift. rather than
to break prices down, something that
might be easily done. Brokers generally
are inclined to believe that the decision
in the United States company's case is
going to be in some degree or another
favorable to the company and that per-
mission will he given to reopen the lead
smelling works. This sentiment is UNI
doubleday having a good effect on the
market and if things come out right a
lively spring and summers business is
looked for.
During the two regular and open board
calls yesterday total of $3.50 shares OF
stock. with a selling value of $4l.y9S. 10.
changed hands Following is the list of
final quotations and record of sales made
during the day:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
AMERICAN FORK
CLAIMS TRANSFERRED

Provo. April "a quitclaim deed from
II. J. Kruse ct al. to Harry w. Holden
to the following mining claims in Ameri-
can Fork canyon has been filed with the
county recorder: The Maggie No. 2
Ouartzite South Security, Getting There
Getting There Extension. Martha Exten-
sion. Utah Light Artillery. Fissure No. 8,
Extension No. and several other claims
Also the interest of the grantors in GER
tain stock TO be received by them in a
mining corporation to be organized under
an agreement between Edward Hines. W.
J. Holden and II ]. Kruse for the devel-
opment of the Big Iron group of claims.
The consideration named in the deed is
81
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
THE HERALD IN NEVADA.

The Herald can be bought at the foi-
lowing places in Nevada:
Lovelocks-CharleS H. Baker.
Tuscarora-Mys. A. L. Clark.
Reno-Rosenthal & Armanko-
ferington-G. L. Leavitt-
Goldfield-Palace News Stand and HUI
ter Adv. & Pub Co.
Ely-Harville Stat Co.. C. B. Faxon
and Walden & Burnett.
Rhyolite-Goodrich Book & Stat co.
Calfente-John Shier.
Delamar-J. NJ. Kelly.
Pioche-;7ioche Drug Co. and A. A. Car
than, P. NJ
Cobre-Richard Richards.
Rawhide-Louie Pciin.
Las Vegas-Wilson Drug Co.
Schurz-WorId News Co
Smelter-Arthur E Heartwell.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Afternoon Sales.

Beck Tunnel-3O0G9Sc: 20OG99c.
Bingham Amal.-100q29c: S00I2912c.
Black Jack Con.-10Od55c.
Bullock, 000H7%c; 2,GOOdSc, buyer 80
CoIorado-1O0GS3. SIG; 40dS3.S5.
Crown Point, 000T27c.
Indian Queen-50001c
Iron Blossom-100Q50c: 1,OO0d5Oc, seller
CO.
Lower acknowledgements.
Nevada HilIs-100G$2. IS, buyer 3D.
New York-5090p17c
Seven Troughs-1. 000d2Sc.
South Columbus COn.-1OOu52c-
South Swansea-10011Sc.
Uncle Sam-30OQS5c; 500GS5c. seller 60.
Trtah-1O0SsS1 .62tk; 1o0M$I .62l2, seller CO.
Wabash-30O6i9c; 300d50c. buyer 60.
Open Board.
Beck Tunnel, G00a97c, seller GO; 1,5006
97c.
Black Jack-500G56c.
Coiorado-10OdsS .S71a; 1OoasS.s71s, seller
80
Iron Blossom-200d51c, buyer 90.
Mt. Lake-200fI 4Sc-
New York-200Q16l2c.
Uncle Sam-5O06S6c, buyer 60; 2OOGS5c;
50O0S6c. buyer 80 -
Yankee Con-1O0d49c; 1O0Q50c, buyer 60
Sioux Con.-S00U23c.
Shares sold. 23.550
Selling value, $l2,64'
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Open Board.

Beck Tunnel-5C0d99c; 2OOOd9Sc: 600d97C
Black Jack-5OOd57c, buyer so; 1.0O0956c
COloradO-500q$3.9 80; ZOO 3.Sll2; 1906
s.. 50.
Iron BlOssOm-lC0m49c-
Lower Mammoth-JO0u50c.
May DAY. .5O0T46c.
Mountain Lake 00d4Sc: 30OQ 4112c.
Nevada Fairyiew-1.OO0d3c
Sioux Con-, 5O0G2212c.
Seven Troughs-1500e912c 600Q29c.
TetrO-1, 000071ac.
Utah-100GS1. 60.
Uncle SAM, O00dS4c; l, 400ds5c.
Yankee-700650c
Shares sold, 80, 400.
Selling value. SO. 35l. %.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
other Districts.
.DOIMGS OF UNLISTED
STOCKS ON EXCHANGE

Bingham Standard Copper sold yester-
dav at 221kc a share. Cedar went at Sc,
Copper Glance at 15c and Silver King
Coalition at SS971h That settled the trad
ing in the unlisted stocks.
Bingham Central-Standard was quoted
at l0c bid. East Tintic Consolidated at SC
and keystone at 16c. while Kindergarten
was offered at &c and Naildriver at 30c.
Demiiohn was quoted at 10G1ic. Ohio Cop
per at 81 9662. % and Mason Valley at 81 &c
bid
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Forenoon Sales.

Beck Tunnel-lOOa95c: ]. OOJd95c: 40Oq97c;
5O0G9Sc: 1.000d99c, seller 60; 500Q99c.
Black Jack-jO0056c.
COlorado-1O0GS3. IS, seller 30: 1O0dS3. S712
10OO0S3. 80: 100dS3 .9212. seller 90.
I Crown Point-S00d271ac.
Iron BlossOm-j00T50c.
Lower Mammoth-200G49c 1.200G5Oc: 800
d5Oc. seller. 90; aO0GI51c; 5O0a5Oc seller 80.
Sioux n.-4,0J0022c; J0Od22c, seller 80;
5O0G22c buyer 90.
Uncle Sam. 30OdS4c: 500GS5c. seller 30;
.I0O0S5c seller 60; 700dS5c; 1.1O0GS6c.
Utah Mining-100dS1.6 80.
Wabash-1O0d77c: 20O176c.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
BIG STRIKES
IN GOLOFIELD
Little Florence Disclosures
Beat the Record-Water-
man Is in the Swim.
%%%%+44++4%++++%+++%++++++

Especial to The Herald) :
y Goldfield. April samples taken :
= from the high grade shoot in the LIT :
y lie Florence lease yesterday were :
= made public today, easily stamping :
= the strike as the greatest body OF :
y gold ore ever opened III mime Az
= erage samples taken across four feet =
+ and four inches, from wall TO wall, :
+ and five feet in height, give returns =
+ of 1914 ounces OF gold, value S2S,- =
y 4SS so per ton. Six inches OF the ore
= taken from top to bottom of the DRIFT :
+ contained 3,S74.60 ounces, a money =
\ valuation of S76.952 per ton. Two tons =
y of this grade of ore have been mined :
= and are now AT the sampler OF the :
= Western Purchasing company undef
= guard The returns viii be had to- :.
+ morrow.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Mines and Mining Stocks

south and west encountered a fault back
of which the ore widened out to four feet
four inches, every ounce of which is of
the picture class. This afternoon stopping
commenced on a face of black sulphides
that is scanned in every direction with vel
low gold. Yesterday seventeen sacks,
each containing 100 pounds, were filled
and stored in the same vault in the base
ment of the John s. Cook bank which held
the Hayes Monette car from the Mo-
hawk. shipped fifteen months ago, which
brought check for S574000. The value
of the lot is estimated by an official of
the company at s25 a pound, total of 49,
so. 1T was dug out and sacked by Mine
Manager Frank Oliver, Superintendent
Tormey and Foreman Farnham in four
hours. Today the vein was stripped for
three feet, exposing $4,000 worth of ore.
By tomorrow night the country rock will
be skinned off for vertical distance of
thirty feet and access had to the Won
derfui shoot from a nearby Wine, and
mining will commence in earnest
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Strike Holds the Record.

This is by far the biggest shoot of high
grade ore ever opened in Goldfield. Gold
scanned quartz is not uncommon in the
bonanza mines of the district-the Flor
ence leasers have frequently encountered
1t in heavily enriched portions of the
veins that is as rich as the present shoot,
and the Little Florence preserved and
shipped separately a single ton last sum
mer which brought $16,196 net. But these
seams have been comparatively small,
never more than a fOot in width. In this
vein the quartz and tale is high grade
from footwall to hanging and the core
of the shoot, two feet wide, should run
anywhere from $40, 600 to $4,000 ton. Tom
LOckhart. president of the Florence-Gold-
field Mining company, ultra-conservative,
declares that the two feet will break and
ship as rich as the single ton referred to.
Superintendent Tormey values the four
feet and four inches between walls at Sl0,-
600 2 ton
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Metal Markets.

ore and bullion settlements in this city
Yesterday, as reported by Mccormick 4
Co. amounted TO $4,000, as follows; Sill
yer. lead gold and copper ores, $1,000;
base bullion, $4,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Ore and Bullion.

Silver. 551sc per ounce
Copper (cathOdes). be per pound.
Lead, 500 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04

Godfeld, April 1.-An records for nigh
grade ore strikes in Goldfield, II not III
the world, have been broken by the Lit
tie Florence Mining company IN lis lease
on the Florence. Saturday night q drift
on the 450-foOt level which had followed
small shoot OF ore for fifty feet to the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Stocks in San Francisco

The closing quotations on Nevada stocks
in San Francisco yesterday. as reported
over the private wires of James A. Pol
lock & Co. were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
of Paine, Weber & Co, Boston, together
with the range of prices of copper stocks
and other Boston listings in which the
west is interested as we'll as similar
report on New York curb transactions,
by James a. Pollock & Co, and from
whom il is secured for use in this de-
partment of The Herald:
Boston. April 3-The market today was
very dull with prices unchanged. Some
scattered liquidation is coming in. but new
buying Just about takes care of it. The
metal situation does not look quite so well,
and prices are a shade easier. The heavy
selling of Boston Consolidated is over for
the present. and this stock may be al
lowed to rally a couple of points. Copper
Range holds very well and is being quiet
" picked up. Shannon is doing very well
and on its present showing ought TO be
selling for % at least. 1t is making 1000
900 pounds of copper a month at cost
of III cents laid down in New York.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Union Assay Office.

NJ S. Hanauer. J. ". Sadler
1872 So. West Temple. p. @. Box 144e.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Believed It Was Ruby Silver.

"A visit to the property, which is To-
Gated i'm Panther gulch. branch of Deer
creek. about fourteen miles northwest of
HALEY, would undoubtedly prove a reve-
iation, as il did to me- When | was on
the ground few days ago, Dacherl had
gone sixteen feet into the ore. He has
owned the ground for ten or twelve years
and during that time he has run, prac-
tically single-handed and alone, tunnel
800 feet long. 1t was driven with a view
of tapping a big lead-silyer vein and,
when the cinnabar was struck it was cal
cuIated that 200 feet more would carry the
face into the ledge for which he was
driving. Dacherl frankly acknowledged
that he did not at first know the nature
of the ore he had struck. He thought the
red. prismatic crystaled cinnabar might
be ruby silver and he stacked the ore up
on the dump with that idea. He has not
vet had the ore tested, as far as | know,
but it speaks for itself
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Tjntic SHIPMENTS.

Eureka, April 3.-Sixty-seven~ carloads
of ore made up the total shipments from
the Tintic mines for the week, as fol-
lows.
Centennial eureka --..-.....'.s.--..--.-.. ~
BulilOn Beck
Eureka Hill OBSERVATION-DISCLOSURES. II
Total 49, ......................6 81
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04

The Vienna Bakery, boss bread max
ers. Ask your grocer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Native Mercury in the Ore.

I'm addition to finding the rock all
filled with cinnabar, l was simply
amazed to find that native mercury STOOD
out in little beads all over the top and
sides of the tunnel. More than once.
Dacherl explained, he had broken into
little pockets in the rock from which he
would sometimes release what would he
a handful of the native quick | would
brush my hand along the top or side Of
the drift and bring down a shower OF
the little. shining beads of mercury. II
was this condition that first caused
Dacherl to understand what the rock was.
The exhibit he later made set the town
by the ears. The rock seems to be liter
ally filled with the mineral and it is pos
sibIe to get samples that will show almost
any percentage of mercury; in fact IL
would be possible TO take bottle into
the mine and fill it with the pure stuff.
There is ten OF fifteen tons of the rock
corded up on the dump and it is probable
that it will go 10 per cent mercury. just
aS ~
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04
Mine Is Ideally Located.

1.-THE mine is ideally located in a re-
gion where there are worlds of wood and
water and where the distance to the rail-
road is perhaps less than ten miles. To
build retOrts there and place the mine in
shape for heavy production would not
cost great deal, and while il is not
known what the intentions of the owner
are, it is impossible that so valuable a
discovery can long be held back. In ad-
dition to the cinnabar. MIR. Dacherl also
has the great lead-silver lode directly
ahead of him in the tunnel. and com
bined the deposits ought to make one of
the most attractive mining propositions
in the country"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-04-04

All grades of copper were reduced an
other point in the eastern markets yes
terdaV