OCR Text |
Show INTER-MOUNTAI- ORE AND BULLION. MINING REVIEW. N There is no indication that the low prices will result in any increased and bullion situation during the past week has been without esRecord Prices. pecial feature, except that lead went 'town to $2.70. There seems to be no Highest (covering a period of ten and it is ques- years), $5.25, in October and November, bottom to the market, tionable whether some of the heavy 1890. Lowest, $2,750, August 28, 1896. Uad producers can continue to operate uch longer at present prices. Any -- luterlal increase in consumption or reOre and Bullion Rates. duction of production will bring about The ore 11 Mining Incorporations. Cactus and Eagle Consolidated Mining company. Capital, $200,000, divided into 200,000 shares. T. R. Cutler, president; George W. Craig, John Roberts, Jr., secretary and treasurer. The company owns the American Eagle and Cactus claims, in the Fish Springs district. Badger Mining company. Capital, $200,000. Incorporators, Samuel Raney, F. H. Clark, S. H. Clark, Morris Beck, and D. S. L. McCorkle. The company owns three claims in the West Mountain district. North Mountain Mining company. Capital $150,000, divided into 150,000 shares. John Heimrich, president; M. A. Wood, W. S. Brown, H. J. secretary; Hedges, treasurer. The company owns the San Jose group of claims, located in Egan canyon, White Pine county, Nev., upon which it is proposed to erect a cyanide plant. Gold Flint Mining company. Capital, $1,500,000, divided into 300,000 shares. John W. Burton, president; C. E. Rives, J. M. Stoutt, C. treasurer; Joseph Creighton, secreThe tary. company owns the Pioneer and Gold Flint claims, in Mackinaw district, Lemhi county, Ida. Yan Patten Gold and Copper Mining company, (Ogden). Capital, $200,000. A Van William Patten, president, Thomas Champ-ney- s. Pearce, secretary; A. C. McKinney, treasurer. The company owns lode claims in the Argenta district. vice-preside- The following list of transportation on ore, bullion and concentrates rates The bullion output shows a falling from all shipping points in oil compared with the previous week, Idaho and important to all Utah smelters suspension of the is official and absolutelyWestern ouing partly to thefor correct, and is general repairs. published for the convenience of ore shipTtanauer smelter, resume the latter part pers: will This plant a with v the month, Ropp straight-lfNampa and Boise to Salt Lake Valuation not exceeding $50 per ton, $6; valuato its equipment. tion over furnace added $50 and not exceeding $100, $8.60. Tiu steady increase in the output of To Denver, 40 per cent lead and tiiu Pennsylvania smelter during the not exceedingunder $100 valuation, $10; over 40 last few months is another of note, its per cent lead, $14.' To Pueblo, same classiproduct for last week having reached fication, $11.25 and $15.25. To Kansas City, This plant is now as same classification, $14 and $17. To Omam ally $40,000. as ha, $13 and $17. any in the West. complete From Hailey, Ketchum and Bellevue to as The advantages of Salt Lake City Salt Lake Valuation not exceeding $50, an ore market have recntly been demover $6; and not exceeding $100, $8. To onstrated by the receipt of ores from Denver, $50 not exceeding $100 valuation, $11. points in Nevada that are much nearer To Pueblo, $12.25. To Omaha, $13. To San Francisco, the producers claiming Kansas City, $14. that they can do better in this market. From Red Rock, Mont., (shipping point The base bullion output of the smel- for Salmon City) On ores not exceeding ters for the week was $69,652, divided $100 valuation To Salt La.e, $6; to DenKanaii improvement. m ver, $8; to Pueblo, $&; to Omaha and sas City, $8. Pennsylvania, $38,652; Germania, Coeur dAlene To Salt Lake, valuation There were also shipped cyanides not $50; $10; not exceeding $65, to the value of $2800; Ontario bullion, $12; exceeding exceeding $65, $14. To Denver, same $14,900; Daly bullion, $9000; miscellanerates. To Pueblo, same classification, $11.25, $13.25, $15.25. To Omaha and Kanous, $3675, making a total bullion output of $100,027, against $125,079 the pre- sas City, $12, $14 and $16. Park City (On ail ores not exceeding vious week. $100 in valuation) To Salt Lake, $2; to folas were Ore purchases reported and Pueblo, $7; to Omaha and lows: Bamberger & McMillan, $18,838; Denver Kansas City, $9. MeCornick & Co., $57,500; T. R. Jones & Frisco or Milford To Salt Lake, ore not Co., $33,200; Commercial National bank, exceeding $100 in valuation, $3.50; concen$10,032, a total of $119,570, against $119,-S5- 3 trates, $4.50. To Denver, ore and concenthe previous week. trates, $12.50; to Pueblo, $13.75; to Missouri River points, $14.50. Eureka (On ores not exceeding $100 valSilver. uation) To Salt Lake, $2.50; to Denver Pueblo, $8; to Missouri River points, Silver has shown a weaker tendency, and $10. and fell off to 68 cents on Tuesday, due Bingham ($100 valuation) To Salt Lake, deto diminished to Denver and Pueblo, $9.50; to Mis$1.25; speculative largely mand. The exports from New York souri river, $11.50. (Tnese rates include at of $863,650. switching charges last week were of the value samplers.) common Utah including Salt points, fluctuations were the during Following To and Denver Lake smelters Pueblo, $8; the week: $10. to Missouri river, 68 Thursday 68Monday Rates on bullion From Salt Lake to 68 68 Tuesday Friday $10; to Missouri river, $10. Denver, 67 68 Saturday Wednesday A French syndicate that recently as follows: $31,-(K'- O. vice-preside- vice-preside- nt; vice-preside- nt; nt; nt; Assessments. 03 P Company. Eureka Con .10 .01 .02 .00 .01 .01 .01 West Cable Lucky Bill Utah State Golden Star Constellation Octorora Sevier Sept. Sept. Sept. Sept. 13 Sept. 26; Sept. Sept. 1 Sept. Sent. 9Oct. Uuly Aug. Aug. Aug. Aug. Aug. I .05 I 5 17 5 15 4 16 22 9 Mining Abstracts. E. W. Genter, Abstractor of Titles, Lead. placer claims Complete abstracts of all purchased twenty-thre- e on mining propthe Grande Ronde river, in Oregon, As stated above, lead established a new low record mark, $2.70, at which for $200,000, has already expended erty in Salt Lake and Tooele counties. 150 Main street . point it has remained during the week. $50,000 in opening them up. Information Concerning Utah Mining Companies. Dalton Gold Mining and Milling Co. Robinson, president; W. R. Busenbark, James H. Bacon, treasurCapital, $2,600,000, divided into 500,000 er; E. J. Carter, secretary. Owns six hares, of the par value of $5. F. A. claims (120 acres), located on the extenDruehl, president; E. G. Rognon, secre- sion of the DeLamar Golden Gate vein, tary; Dr. C. M. Garrison, treasurer; E. E. in the Camp Floyd district. A double Crooks, Dr. A. C. Ewing, O. R. Young compartment shaft, 9x4 feet in the clear, and W. J. Bateman, directors. Company is being sunk by three shifts, and has owns five patented claims, mill, reached a depth of 365 feet. Secretarys saw mill and valuable water rights, loca513 Dooly block, Salt Lake City. ted in the Marysvale district, Utah. Over address, feet of work has been jM done. Last development assay, $104. No debts; cash Gold King Mining Company. 400,000 surplus and 106,000 shares of stock in Capital, $2,000,000, divided into treastreasury. Secretarys office, 305 Atlas shares. President, J. A. Williams; J. DieBlock, Salt Lake City. H. urer, A. B. Miller; secretary, Owns nine L. Aiygatt. manager, H. llion&Lark Silver nnd Lead Min-lu- g ter; of the located south claims (160 acres), Surdistrict. Company. Golden Gate, Camp Floyd for patent, with no contests. Deveyed stock $2,500,000, divided into by tunnel 115 feet, showing 21values skares the Par value of $1. J. veloped feet, $7.30 gold per ton; shaft as as high President; H. H. Rea, 5 another $12.40 opening gold; H. Bacon, treasurer; J. K. showing 10 and shaft feet, showing $1.65, claim secretary. The company owns feet, surface shows $2. Every showing in RTw8 Patented lode claims, located value, which Increase with depth. A limMountain district. Two hun- - ited number ? stock fifty thousand dollars have been still for sale.of shares of treasury .;SAn. Secretarys address, Box rnilfto i and improve- - 299, Salt Lake, Utah. development nrfi1 'eluding hoisting plants, two mills mJles of tramway. There are no 20-t- vice-preside- nt; on i ! vice-pres-?am- es Last Golden Gate Mining Company. BharSl1; .I2'000'000 divided the par value of $5. into 600,000 George H. Golden King Mining and Milling Co. 250.000 Capital, $1,000,000, dividedof into W. H. $4. shares of the pal value president; Daniel Rebcr, W. S. McComick, treasurer; F. B. Cook, secretary. Company owns eight patented and five unpatented claims (260 Dodge, vice-preside- nt; acres), in the Dixie mining district, Elmore county, Ida. Over $50,000 has been expended upon development. Shaft 210 feet deep and drifts and upraises all in or of averae value of $15 per ton In gold. Plans being prepared for electrlo n power plant and cyanide mill. No 100-to- 40,000 shares in treasury. Secre-tapaddress, Atlas block, Salt Lake City, Utah. debts; rs Ilex Milling Company. 250,000 Capital $1,0(30.000, shares. H. Harms, president; L. Antles, secLion retary. Location, two Hill; claims, developed by a incline. Three veins showing gold, silver and lead. Average, $15 per ton. Secretarys office 102 Commercial block, Salt Lake. Treasury stock, 100,000 shares. No debts. 70-fo- Slioebridgc-ISonanz- a ot Co. $200,000, divided into 200,000 Capital, shares of the par value of $1. G. S. Holmes, president; ,J. R. Slater, J. M. Stoutt, treasurer; R. L. Colburn, secretary. Owns Bonanza mine and Bonanza Second and Bonanza Third lodes, at Silver City, Tintic district, Utah, which have produced $700,000 worth of ore Now sinking a working shaft. Average value of seven shipments, 72 ounces silver and 20 per cent lead. Secretarys office, 25 West Second South street. Salt Lake City. vice-preside- nt; |