OCR Text |
Show 6 MINING REVIEW. INTER-MOUNTAI- N a fc from their ores, the same comprising: a pan, a vevoluble anode centrally arranged therein and adapted to revolve within and agitate the solution, a fixed cathode consisting of mercury spread on the bottom of the pan and amalgamated copper plates floating on said mercury, and a source of electric energy having opposite poles connected electrically to said anode and cathode. 553,817 Placer machine, H. A. Walker, Denver, Colo. In a placer machine, the combination with the frame and the sluice of the box located below the sluice and adapted to receive the discharge therefrom, the box being lowest at the center and open at its extremities, a reservoir transversely arranged at either end of the box and having toa narrow elongated mouth adapted discharge a sheet of water into the material before it leaves the box, a small box or reservoir attached to one side of the sluice which is provided with an opening communicating with the sluice channel, said opening being covered by a screen, and a suitable conduit for connecting the box with the reservoir at either end of the box. SALT LAKE NUGGETS. Mining Incorporations. Mercur Mammoth Mining Company-Capi- tal, $550,000, divided into 550,000 shares; property, the Bay Horse Nos. 1, 2 and 3, the Mayflower, Mayflower No. 1 and Bluebird claims, Ideated in the Camp Floyd mining district; president, J. A. Cunninghahi; L. S. Hills; treasurer, Frank Knox; secretary, G. S. Holmes. Free Coinage Gold Mining and Mill$500,000, divided ing company-Capi- tal, into 250,000 chares; property, four claims in the Free Coinage district, Tooele county; president, Joseph W. Wilson; John H. Hedges; secretary and treasurer, William Turton. Helca Gold Mining company Capital, $5,000,000, divided into 250,000 shares; property, the Hecla group, located in the Camp Floyd district;, president, FranFred J. Leonard; cis Hail; treasurer, .jam,es H. Bacon; secretary, G. It. BothweJl. Leroy Mining and. Milling company Capital, $356,000, diVided into 350,000 shares'; property, Leroy group of seven claims, located in the Camp Floyd district; president, C. A. Strickland; MalindaV. Strickland; treasA. urer, J. Enton; secretary, W. H. Cromar. West Sunshine Mining company-Capi- tal, $1,250,000, divided Intd il&O.OOO shares; property, three claims in the Camp Floyd mining district; president, W. E. E. E. Crooks; Smedley; secretary, J. J. Stewart; treasurer, J. C. Weeter. Crown Mining and Milling company-Capi- tal, $1,000,000, divided into 200,000 shares; property, three claims located In the Ophir mining district, Tooele county; president. Gill S. Peytdnl P. S. Witcher; secretary, C. E. HudSOnJ treasurer, E. D. Woodruff. Gold Mountain Mining and Milling company-Capi- tal, $50,000, divided into 50.000 shares; property, three claims in Cedar Plains .district, Jefferson county; Mont.i president. Charles F. White; Homer E. Wheeler; treasurer; William A. Coleman, secretary, Martin L. Wheeler; principal place of business. Salt Lake City. Monitor Gold Mining and Milling company Capital, $1,250,000, divided into 250.000 shares; property, Ontario, Gladiator. Monitor and Emma claims, located in PeepstOne district, Utah county; president. O. J. Peterson; J. S. Johnson; treasurer, F. C. Gilds; secretary, A. j. Davis. vice-preside- vice-preside- nt, nt, vice-presiden- t,, vice-preside- TIME TO BUY SILVER HINES. D. B. Huntley, a mining authority of reputation throughout Idaho, Arizona and California, has carefully scrutinized the silver mining situation, and this is conclusion: Now is the time to buy up silver mines, tie them up and salt thfetn down. For any one who has money to spare, the investment in silver propositions is the very best thing one can engage in. Silver is about as low as it will ever be as bullion, and any marked change will be for the better. In the first place it cannot be mined at as low a figure as it has been in the past; for one reason, because the big deposits of rich silver ores are not found near the surface as in the past. Then again the modern appliances and inventions do not cut so much of a figure in the cost of smelting silver ores as one naturally supposes. The smelting of silver ores is as old as the hills themselves, and the improvements are not so great as the industry itself. It is mostly a matter of deep mining, too, nowadays, and high deep mining adds to the cost of production. But that is not all. The use of silver in the arts and manufactures increases with civilization, and furthermore, as the population and civilization of Asia increases so will the demand for the white metal increase. The United States will have to supply the demand; for while Central and South America have rich silver mines, it will be many years yet ere they will be in a position to make an output to compete with the mines of North America. All of these conditions are outside of the free coinage issue. If the free mintage of silver is granted, it will be that much more of a step toward the rehabilitation of the silver industo have try, and for my part, if I had moment at the a property that present was unproductive, I would prefer to have a silver property. At no distant a paying propoday it is bound to be turmoil is ended sition. After all this see can financiers and the national concluded be 'where they are at,' it will that the remonetization of silver is the system, only road to a sound money and steps will be taken to get there. Then will come the chance of the owner of silver mines. There is no use talking; silver must be one of the moneys of ultimate redemption, and it willUni-be placed on a parity with gold. The withted States cannot have prosperity we out bimetalism, and bimetalism must have. Therefore, I say, a good is silver mine, even if not now paying, nonas good a holding as any other productive property." vice-preside- nt, Vice-preside- vice-preside- nt, nt, nt, vice-preside- nt, t An effort is being made to revive the Utah Pplytechnic institute; Col. fclck Treweek, manager of the Alliance, has returned from Colorado. Judge Harry Rives of Eureka, Nev.; a lawyer and capitalist, is the latest arrival in Salt Lake, and will cast his lot in . i Mercur. The board of managers of the Salt Lake Stock and Mining Exchange have decided that the rules permit contracts for future delivery. E. S. De Golyer, formerly of Salt Lake City, and now operating Oh the mother lode in Calaveras county, Cal., was in the city during the week. At the oilicO of thb Mefclit Miniiig Jtolh-pan- y in this City a smiiil piece of ore showing free gold is exhibited. It came from the Mercur mine, between the Mercur and Resolute tunnels. This is not the first discovery of free gold in the district, but it is the first found in the Mercur mine. and W. K. Ladd of tftdvliie hdvft takeil A .thirty? days option oh the Mercur townsite and the mineral beneath it. The town is located upon two mineral claims, and the purchasers will not only acquire a valuable group of town lots, but a couple of gold mines are thrown in. It is underMr. E. W. Senior of this city . development work on the lat- stood that ter will be prosecuted vigorously. A latfc niihibeb of the ErigittfeeHng flint Mining journal contained an interesting description of the Camp Floyd district; written by Mr. James W. Neili of this city. The, geological hnd hiirierai.Bgiciil features of the district are treated in a manner indicating thorough and intelligent investigation on the part of the writer, and while he does not think all the claims will become mines, he shows that it is a field worth investigation by capitalists. J. E. Bamberger, J. Barnett and C. B. Jack, three Salt Lakers, recently invested in property at linker City, Or., that bids fair to yield good returns. The mine, known as the Gold Ridge, was extensively developed fifteen or twenty years ago, but was tied iip by the death of Ait bWnetfi veih of It presents A four-foot ffce-htiil-i- ng ore that will average $20. The new a force of men at work L. C. Trent & Co. have sold a hoist- owners have had and have a for some time, ing plant to the East Golden Gate. nearly ready for operation; The South Swansea company are puty A reorganisation of the Searchlight ting in a new hoist, the machinery bewas effected during tile tveek, ftft ft ing supplied by the Utah and Montana result of the deal involving the transcompany. fer of the control to C. W. Miles. The Fraser & Chalmers are supplying the new officers and directors elected are: R. six vanners required for the increase C. Chambers, president; John Dern, in the capacity of the Eureka-Hi- ll J. J. Daly, treasurer; Simon mill, Tintic. Bamberger, secretary and general manThe latest addition to mining ma- ager; John Beck and C. W. Miles, directors. The new management has under chinery lore is the catalogue just is- consideration a proposition to explore the sued by Fraser & Chalmers, descriptive drill. of Woods Dry Placer Miner. The Searchlight ground with a diamond The Sunshine vein dips under the propplacers of the West are dotted with the erty. wrecks of dry placer machines that The Eastern people have the mining have not met the claims of the inven- craze, but they havent heard of any tors, but the Woods invention is now mines outside reof Cripple Creek, in successful operation. It not only saves the flour gold, but handles gra- marked Mr. St. V. Le Sieur, general vel of ordinary dampness as it comes manager of the St. Louis Gilsonite comfrom the bar, it not being essential that pany, who has just returned from St. it be absolutely dry. Louis. The whole East Is flooded with Creek Cripple and advertiseAt a recent supper the question wai ments. I ownprospectuses a good property in the asked what is the finest American min Camp eral. Answers were written on slip! with anFloyd district, and in conversation', acquaintance casually mentioned' of paper privately. There were nin claim at Mercur. 'Mercur? Where is my men present, all owners of exception ally fine collections, and but two agreec Mercur? he asked, and I dropped the on the same mineral, which was subject. The other minerals namec were vanadinite, rhodocrosite, Arizona Denver men have jumped the townsite garnet, titanite, tourmaline, pectolltjE of Columbine and seventy-fiv- e mining-claimsand heulandite, near Steamboat Springs, Colo. Machinery Notes. ten-stamp-m- ill cohi-pan- vice-preside- wul-venite- nt; . , |