Show THE OLD MERCUR MINE the history of the mercur mine at mercur in camp floyd district reads almost like a fairy tale the redeeming feature of the story being that all the facts going to make up the history are strictly true founded on the ruins of an old and abandoned silver camp it took many years before mining men would take any stock in the reports of the discovery of large bodies of low grade gold ores in this locality and it was with the greatest difficulty that investors could be induced to even visit and inspect the mercur mine a bonanza it in embryo and with but little work done in Us its actual development indeed no one of experience peri ence in minin mining gaff affairs airs could be prevailed upon to become interested in this property and it was left to nebraska capitalists and investors to demonstrate the existence in this locality of a great gold mine and even after success had crowned their efforts some trouble was experienced in convincing the skeptical that the mercur was actually turning out a product of any commercial value the company 9 to begin with put in a stamp mill and attempted the reduction of mercur ores and the recovery of its gold contents by the amalgamation process this process was not a success and failure stared the management in the face at this time the cyanide process was in its infancy as far as this country was concerned and almost by the merest accident it displaced the ahe amalgamation method at the mercur mill crude indeed wa was s its application at first and but few believed that the black wiry looking product carried with it any value in the yellow metal finally however the returns from the omaha refinery were convincing proof of the success of the process of the value of mercur ores and then commenced a boom for mercur that lasted for several years and when this excitement cit ement quieted down the results were seen in the substantial camp established with a 3 number of new producers to its credit among them the golden gate the geyser marion and the sacramento while a railroad a marvel of mountain construction soon connected the new gold camp with the hutsi outside de world A system of water works formed an important feature of the camps progress progression ioni the telephone and telegraph soon followed electricity for light and power came in apace and now this once abandoned section can boast of all the conveniences and many of the luxuries which 6 go cro so far towards making life enjoyable the mercur mine however paved the way for all of these desirable results it has added millions to the circulating no medium of the country and before its consolidation with capt lamars delamare De golden gate mine had paid out over a million in dividends while the combined properties are now regularly sending in their metallic wealth and in such goodly proportions that the shareholders are well satisfied every indication going to shoy show that for many years to come the con mercur gold mines company will be able to maintain regular as well as heavy dividend disburse ments meats this we well know is a most gratifying condition a condition that is being duplicated by many mining companies in this intermountain region and a condition that causes no surprise or excitement in mining circles still there is a cause for wonder in the operation of the mercur mine and this is occasioned by the fact that the ore bearing zones of the property are seemingly inexhaustible in fact the mine is greater today thin than ever before in its history and continued development discloses almost daily new and extensive ore depositions the continued output of from to tons every twenty four hours seemingly making no impression in these mammoth bodies of mineral the real difficulty being to see where this heavy tonnage comes from the being so slight in comparison with the pay ore in sig sight ht that a visitor is deeply impressed I 1 with the thought that for a generation at least this once neglected mine will continue to produce millions with which to stimulate the financial world the success of this enterprise carries with it a lesson and this is that no one in these days should condemn a mining proposition however humble without first giving it a thorough and honest investigation IT is truly wonderful to note the activity in the various camps of this intermountain region the large k amount of intelligent and systematic development that is being done and the many new producers which are almost daily being listed with the splendid array of shipping mines which are so creditable to the minin mining 0 industry these successes should at least have some influence some pressure with those who are thinking of embarking in the mining business even in a small way for we must all remember that the big producers of today the great bon bonanza anzil propositions which are being talked of in every commercial and financial enter were at one time only prospects IN the creation of imperishable wealth there is no industry which compares with mining and in no other legitimate pursuit are fortunes so quickly made it is not necessary to say that these assertions are based on facts as we need only to point to millionaires in our midst to corroborate the sta statements made men ralen who a few years ago acro I 1 were in individuals divi duals of exceedingly limited means and who perchance were working in the mines in this western country at day labor and at day pay being positive as to the truth of tiie assertion that mining pays because we see evidences of the fact on every hand we can also say that a multitude of eastern investors have made millions in mining either in the way of stock investment or speculation or in the actual operation and ownership of mining propositions the financial papers of the east sho showing wing this to be true one of the leading banking publications of the atlantic states recently giving publicity to the fact that more money is now being invested in western mining propositions than in any other industrial line and with far greater profit it used to be that the investor in mining stocks and in various mining propositions greatly preferred to keep quiet about this branch of his business now how however everl he goes about it with as much indifference to general publicity as the merchant does when he puts in a new line of goods or the wall street operator when he deals in wheat or corn As a matter of fact mining has for some time been reduced to a science to a legitimate basis and the army of those who are making big money out of the business is steadily increasing IT is the intention and desire of the mining review to be as conservative as compatible with actual facts in dealing with the news regarding the budding oil industry of this state we do not believe in booms with no more tangible basis than wind I 1 and still we shall endeavor to do full justice to the subject as soon as a movement is made in the way of actual and legitimate development we know that there is money in oil that millions are being made out of the industry and after an experience of nearly twelve years in the mining camps of the state and having noted the geological formation of certain portions of our great commonwealth we are very much inclined to believe in the existence of oil in a number of localities in utah the more so as oil from seepages see pages and springs have hava been exhibited in this city from time to time covering a period of ten years or more our belief in the existence of oil is also strengthened by the statements made by ex experienced perien ced oil men men who have been through the oil excitements excite ments in colorado california and texas who state that the surface indications here are better and stronger than is the case in any other oil fields coming within their notice while the oil is of very superior quality with every indication that it exists in unlimited quantities it is the aim of the review to give facts unvarnished facts in connection with the oil industry of utah and when oil is found and in profitable quantities we will then boom oil for all it is worth until then nothing more than a review of what is being done in the acquisition of oil lands and their development will be given 0 riven in in these columns work has been resumed in the development of the south granite mine a very promising prospect in south granite district beaver county B F P woodward the veteran tintic gintic mining operator opera is in charge of operations and hopes in due time to add another shipper to beaver countus county coun tys ys rapidly growing list of paying producers butte intermountain the boston montana mining company has paid in dividends the last amount distributed among its stockholders being which is 10 per share the anaconda company has paid its shareholders the amalgamated company has distributed the butte boston 1000 the montana ore purchasing r company and the parrot company |