| Show A JUBILEE DIVIDEND The South Swansea Will Make Its Regular Payment The directors of the South Swansea Mining company met In this city yesterday yester-day and declared Its usual monthly dividend divi-dend of 5 cents a share or W payable pay-able on the lIst of this month d ery appropriately the company designated this as its Jubilee dividend as i will gladden the hearts of the stoa holder of the > company and enable them to participate to a greater extent in the pioneer festivities which will be ushered In a day or two later It Is stated that the Swansea mine Is in excellent shape with fine bodies of ore in sight and that the property is seemIngly seem-ingly In condition for the payment of dividends for years to come A Quart of Gold Democrat Baker City Oregon At tho First National bank In Pendleton Is the Black Butte placer mine cleanup for the past 30 days run and it makes just an even quart of gold I was brought in from the mine by Mr Gagen and is in two pint fruit jars There are 15C ynces St ecJ5 In le worth about 15 an ounce making the total value 2340 There are numerous numer-ous nuggets in the lot and the mass of shining metal constitutes a rich return for the months labor Yesterday Charles A Smith of Denver purchased the Don Juan mine one of tho most promising gold producers In the Bonanza district This propertY has been a steady yielder for some rime past a threestamp mill producing about 1000 a weeK This mine has been operated by Messrs Kelly and I Allen the recent owners who yesterday disposed of the mine the purchase price being 30000 Silver and Lead The silver and led Quotations yesterday yester-day were as follows Bar silver C cents Iead brokers 333 1125 Copper brokers Jllgtll50 casting tJpr Ore and Bullion The ore and bullion receipts yesterday were as follows T R Jones Co bullion 9500 ores 1500 < National Bank of Republic gold bar 1000 cyanides 3SOQ Mining Notes and Personals Superintendent Price of the Alaska mine at Sliver City was In the city yesterday yes-terday The Dexter company yesterday received re-ceived a bar of gola bullion and a lot o cyanides Word was received from Mammoth yesterday terday that the Mammoth mine had been closed down A shipment of cyanides from the Geyser arlon was received by the company com-pany yesterday G M Garland the well known Bingham Bing-ham mining man was in yesterday for the purpose of celebrating the Fourth The Mammoth mill will start up tomor Te mi row with the usual force which will necessitate an increase of men m the mine The Hercules mine at Stockton will make a two car load shipment of high racle ore this week It is repprted that tne mine is looKing exceeumgiy wen I W 1 Lawrence left yesterday for Meadow Lake district where he is f iter ested in the construction of the toll road from Cisco to the camp with A B Cad I well Fort Collins Colo is excited over the discovery of a deposit of nickel on the I south fork of the Cache L Poudre the ore from which carries values of 10 a ton in this metal I The entire day force of the ole Gibson Gib-son mine at Aspen Colo has been fire because of the tact that tome ot the men I had given I glhf the recent rich I strike In that property Manager White of the Black Dragon I at StocKton who arrived In the city Friday Fri-day night states that the mine is inmost a in-most encouraging condition with the bottom of the shaft full of good ore J C C Glanfleld has made an application applica-tion In the surveyor generals office for a patent survey for the Vanderbilt and Tantamoun lodes in Snake Creek district dis-trict G W Parks surveyor C P Brooks surveyor Manager Jones of the Little Jesse I mine near Prescott Arts was in the city yesterday The Little Jessie is now furnishing ore for a 20 stamp mill and I it is stated that there is a million insight in-sight In the property The National Bank of the Republic has I just paid Its semiannual dividend of f 000 and the share holders in this institution I institu-tion are happy The bank Is in an excel ton financial condition and these semiannual h i annual ragt fedl are b rnt paid with I pleasing regularity The Imperial Paint Manufacturing company I com-pany has started up Its works at North Salt Lake on an experimental run I I now has four car loads of mineral paint at the works which were obtained from the deposits of this commodity at Monroe I Mon-roe Park City and in City Creek cnn yon Captain Timothy Jan has returned from Gold Mountain district where he I has been superintending the shipment of two cars of high grade gold Ore from the property of the Golden Star Mining company com-pany which will soon be followed by another an-other consignment The captain states that he is troubled in getting cars for his ore and that this has caused him considerable con-siderable delay I Is the intention to increase in-crease the force at the mine Journal Reno Nov The Gold Creek Mining company has made application at the United States land ollice tor 23 patent for placer mines The patent cover 44SO acres which at 5 per acre will cost 11100 The government charges J250 per acre for placer ground and II per acre for quartz claims The Gold Creek company com-pany will have a whole territory to Itself I and if its mines are onehalf as rich as reported they will add several millions I to the gold product of the country tan t-an rate Uncle Sam will be 11000 trainer by the operation I Silver City Star The owners of the Picnic are still working on the cross cut from the bottom of the shaft and expect 15 to cut a ledce within the next ten or feet It Is expected that pay anita large quantities will be opened up and the working wi immediately increased and shipping commenced In the south drift from the shaft is a small body of fine kdt I silverlead ore on which work of extraction extrac-tion will shortly be commenced There Ism Is-m question but what the perseverence ol the owners will shortly make a fine the Picnic producing mine of PinIc I InterMountain Butte Man What InteT lluntlln came near proving a catastrophe occurred yesterday ntar at the Snohomlsh mine which Is under lease to Casey Lynch and other The old Silver Bow or Butte Boston ditch runs through 1 large portion of the ground and yesterday the water In the ditch found an entrance into some of the old workings and began hilling UI > J the I shaft through an unused drift The water was nearly a foot above the station I at the 250foot level before the discover was made the water having filled the shaft to the 400 The leak was soon discovered dis-covered and boxed and It was only the work of a few hours to get the surplus I water out A snecal from Loveland Colo says Alexander one of the early settlers W R AleondP earl tIers In Larimer county has Just com pieCed an experimental plant for reducing I ore that promises to be a success He uses an ordinary crusher only he crushes use ore to the size of a grain of wheat The ore Is then run throuch burs similar simi-lar to tho ones used in plaster mills which he claims will do the work better and faster than the ordinary stamp mill He then proposes to run the Duly mi plates The tailings thus secured over copper Te taing < cured will be roasted and returned to the vat wi a second run over the copperplates copper-plates An experimental run was made Saturday with satisfactory results As soon Saturda sufficient ore ca be secured from sutcent the dumps the process will be given a thorough trial and Mr Alexander Is confident con-fident his process will work fdent rrces A Wallace Ida dispatch says that E I Beaudette a Jeweler at Murray claims to have discovered an entirely new process pro-cess for extracting the gold from base ores and biack sands He has been experimenting ex-perimenting for more than a year but only In the past few weeks has he been successful His process he says Is purely pure-ly chemical He claims that It will extract ex-tract every particle of gold giving as good results on a working scale as an assayer will get from a sample A caveat has been applied for and he will soon commence the construction of a son plant large enough to handle several tons a day or all the present output of the gold belt From experiments mde so tar he will offer tD reduce the concen trates and ores for S20 per ton and hopes soon to make the charges not more than J15 At present they are shipped to T coma at a cost of 30 for freight and smelter charges Eureka Democrat Dr 1 A Hushes and Fred Simon were out from Salt Lake last Saturday perfecting arrangements for I a new mining Incorporation to be known as the Minnie and Argentum Gold and Silver Mining and Milling company The group of claims which will become the property of the new company consists of the Minnie Golden Treasure Argentum Junietta and Annie Burley claims situated sit-uated 2000 feet cast of the Uncle Sm and adjoining the Maggie S No 2 This is a very promising group of claims locate In a promising portion of the district dis-trict and a well defined ledge can be traced in the lime for 3000 feet across the property Articles of incorporation will be filed next week and development wl the property started Immediately Some Colorado capital will be interested In the new company The Cooperative Mining Investment company of Boston Is an enterprise that Is right in line with Utah companies of the same character already mentioned in thee columns and the system of opera I ton mapped out by It Is just about the same inUs methods in that I offers an I opportunity for men of small means and cage earners to secure an interest In an organization the objects of which are to secure title to and develop promising minIng min-Ing properties in this western country I By this means small Investors can obtain ob-tain an interest in the company by the payment of monthly dues and these are I so small that the stockholder would hardly feet the outgo and In the course I of a few months he would be the owner of stock that would possibly be worth I a great deal of money a In the de veloDment of 3 mining claim there Is no telling vhat changes may occur within a I months time Giss S Peyton and Hoyt i Sherman of this city are officers in the above named company which i a guarantee guar-antee In Itself that the enterprise Is in ever way legitimate and that the affairs I of the company will be conducted in an compny honest and economical manner while E S Gatch the vlcepreIdent of the organization organ-ization who lives at Boston and IS pushing push-ing the enterprise at that end has spent considerable time in Utah and is well acquainted with the mineral resources or I this country I is believed that the I company will meet with success and that I i will bring to the front some dividend I I paying mines |
