Salt Lake Tribune | 1897-02-02 | Page 6 | Paid on Sacramento

PAID ON sacramento received by J S lakin yesterday DERN SEEKING BONANZAS I 1 Us ho Is in stockton looking over developments deus deho of the th west 3 mp III bul bill lion beck dividend for tills month annual meetings of the cent centennial an eureka and the baly mc cunes great rayne payne shipping rich ore notes motes from the park high from rice bros mines I 1 twenty thousand dollars was pock ete by J S as pait lait payment on his interest in ili the S sacca acra mento iner to tho the payment orthis 0 thlu amount leaves a balance of about ili iho 0 purchase price reaching reach lne whon hc A the sacramento yas acquired by mr lakin he be vas as employed al ai the mercur milt mill at 2 a day lie ho had come west to dla die and was fighting consumption when ho he wandered across tho the sulan from the mercur and staked out the ground bround that has since become s go 0 productive duc duct tive lve on august augu rt lat last he guvo gave an option on his block of stock in the property and since that time has been patiently awalt lne his money in in the meantime the Sec sacramento Swran hac been added to the he list or oc dividend paying mines the last dividend having been acen posted yester yesterdays yesterday dayi 1 and made payable february loth ath when asmo will be pocketed by the stockholders tile the output of the mine at present 1 Is quoted ot at over tons a day and recent disclosures indicate that it Is mons among the biggest thins things in a big biff gold cold di district st brict the ores or of the sacramento average about ast as do those or the mercur and d it Is claimed the vein Is just as aror productive IN DT SEARCH OF BONANZAS george dern at stockton in that business Values there george georfe dern has gone cono to stockton in search earch of 0 bonanzas and it ir reports from that source are apo reliable the held field Is a most prom promising Ning one to date the iho discoveries co in that direction which began M ath tho the la cigale Ci Balc have demonstrated that there 19 no more profitable ground and that while no mill lias has yet yd been erected there la Is reason for tho the belief that one or more mill be c erected before many months have been torn from the cRien calendar dax tho the locations in that portion of tho the district have been note more extensive than have they in any portion of it during the year and it lis Is said bald of one comb combination that it has put its stakes in ground covering a square abille aille all along alone the zone have be ban A obtained and while they are not large jn in many instances the fact that the ores may be milled for less than 90 cents a tort ton aff Corda most gratifying demonstration that ores of very email value may be handled handle fl at a profit that confidence in the ultimate productiveness of that locality does docs exist Js j revealed in the tact fact that it has been staked out by representatives of 0 capt lie be la mar liar ot of almost every member of the mercur company and OL a host of 0 others who are dolne doing conscientious work intelligent mining men are doing work there and there la Is no rea son pon why as rood good a mine should not be found by mr dern on oil the stockton side clde of the great auriferous aun ferous zono zone as lias bas been found at mercur or any other portion of IL it BULLION BECK DIVIDEND this tha one for tho the present month way may reach S the bullion beck A ili post a dividend tho the present month ot of not less than and perhaps s as a muc much h as this was tho the assurance made by one of 0 the principal officers of 0 the company yesterday sest erday should it be fulfilled the total dividends paid by the company will have reached ached a sum buta ot of over 2 2 the regular meeting occurs on february loth of the mine it la is paid that at no time sinco since its event ful career MOB begun has it presented a better appearance or been brodu productive active of 16 superior class ot of ore recent disclosures on loner loer levels have demon borated that in them la is to be had as good a a class 0 of ore ss as that which was found above and superintendent mr hy by Is congratulated by every officer of lh company on the excellent results accomplished by him lih hue ilc a large amount ot of crude ore isbelle is ls belne being put forth the concentration of 0 the low grade brade continues and tho the month promises acobe to 0 be one of tho the roost most productive in tho the lila big tory of tho the bonanza bc nanza the tha geyser marion settlement tho the absence of E r I 1 H atria and glen 31 21 bothwell from the city induced the stockholders of tho the geyser marion to deter defer the proposed meeting for or the clec lion ot of directors aud and officers and in stead ot of its taking ilace yesterday it will not occur until tomorrow tor at the he same game time for the pr property op erty will be ba and this done the output okill V be increased to something like that ot of which it lg Is capable it was a s paid yesterday that the intention was wj L to further explore the ledge acde e for tho the contents of which the property war wait originally worked and that ores ore from that source would chort lv IV make their appearance on tin the local market long lone before it became known 1 that the rold gold ores of the camp could be profitably trained mined the marlon marion was productive of silver oro which yle yielded was red thousands thou sandr s 0 of ounces a ton and although the ht haul to the smelter was usa one that was long mild and expensive their production was made most profitable it Is 1 believed that as good results may be ac now and to that end the tha systematic exploration aaion of the sll oil ver stratum win will begin in a short time exploring tho the kootenay the penny made its lt I 1 cappe arance on the bargain counters of this city yesterday heo mr A 11 tarbet who has haa been among the foredt of salt lakers in the kootenay Kooi enay country beyan began to shovel them ou out I 1 commenting on the diggings 0 of th it district mr bit tarbet said that the ore bearing zone covered na As much aro around u ad as that embraced in utaji utah idaho and montana und that tile the output of tho the nt year promised to I 1 double that of isoo ISM in tho the early d days a ys 0 when mr air tarbet began to explore tile the country ho he found the work most dlly fult there vere N ere few truels and those through a country that was rats hooft t dim cult of access the first noted desrov nry ery was wa that made in the silver king and it was due to lw its riches that all alic first fart camp was founded mr tarbet 1 JR one of the principal owners in the center star and idaho mines at ross land find and yesterday received an error by telegraph by which he might have pocketed tor for his hie these interest I 1 in a claims claim a tho the proposition it by Y him film and he will was wall refused continue development t the be of the around with hi his who will left S salt a I 1 lake ake city ity on eft his way L Y east in ax a few days the he grou around A d d tho the adjoins joins that 0 of the war ar eagle I 1 poorman and other w well 11 known pro lee and ana it la a maid div I 1 eve every lUri Auri lAvill Afi at ag ako alivo 1 y 1 I 1 tho kI erye Koo lonay aa country coun mr ji ith ilic I 1 vy r r favorably 0 r alj t s w outlook for ali 0 anay ds dl wet an 1 will return to it on I 1 the he 0 own pon in of al ing I 1 BEAR FACE it is so sa against the th rise in local mining minine stocks I 1 the bi lr oct the pace again tit at yes let te beinars inars days rail 11 on the exchange botill nr oriye err cry stork stock suffering abile out of 0 win the bottom aas as entirely dropped A conspicuous exL example mple of 0 this we afforded nihon mammoth was iva i cill cd oloph who has been a buyer nit all then the bile alle went after it and if drew rew in ai shar shan at prices ranging from rom 19 to ts 3 1 an 81 I 1 plowed it a dh ost llora doubled he pur chiw ciul lit the th hirte shares were no to lr be had at those figures swansea was waa thieun down again anil and in mado ado i I 1 Of feling as low as 1674 1 CT with no berit at that figure As title the heat best to 0 had for swansea was al 11 tough FL few days ago it was braingin t 2 mth hut hilt a limited lot IOL in the trio mai tet ei at that figure although the 19 of old jordan A aich has been pr of 0 so BO many hundreds hund of thou ands of dollars was coeval i ith th opening tit of the exchange leq ra berday 1 as the nisi filet time its strength was at its put pu u to al a test the bid w was AS al 14 dunbeir Bun beir a nd four aero ace continued AL aued vt weak eak 1 I 1 al ni did and chine while 1 stationary there as go goo 0 i demand tor or bullion bechand beck anil ontario 1 lt it beat prices still anil at al the close ot of the I 1 i 11 quotations ruled as fol ol lovs lous lj ax LISTED STOCKS stock bid asked anchor aae i m f ajax 77 1 7 i ali guillon eck 7 oo 00 8 20 brick 70 71 conterio Con terin 4 1 eureka aw lwy 6 on co ia B 50 calv W t I 1 ico 8 06 dalton cmrk I ark co 10 rawl ra WL 02 cal an j 4 jali iff i 1 I 1 at s 1 11 I 1 1 16 flora sa s1 er herscha Her scia 07 ii 12 7 10 7 1 VI 1 llanillo bl anillo I 1 2 m to 21 batho 4 r P 9 05 i lil d jor joran tit lieu aim al Blou xai I 1 silvera ai n 16 W A 1 W 0 an h in 75 ut 11 fa 0 lw i I 1 ON LISTED STOCKS bid asked SR bruffie Uffie it LA i S i tv 17 I 1 donth sonth youths S 13 1 1173 ay cri re Vor lii orean garl P C is is it norther light 11 ta 11 1 1 dalton i 0 2 t e 2 fak l navoid 0 0 3 03 k 1 rovert m U 41 sundear lei W 1 10 bucke 11 I 1 lucky III ir 15 25 2 peek annel N d ai m j 11 sales inan ere made as follows magidi a th I 1 lr ao at ai s aki oki M maani am tit ha at fi 1 71 little Itis barg ON at af ric rich nd 60 at sc 30 i total hares I 1 1700 71 1 wbk X AND VICINITY I 1 beaver rook ook improving Ira proving ore in tree il i E the maleat strike tribune park ity fly utah feb 1 the beaver creek tine prospects prospect i are improving with buhe ei h days work A III big 9 ledge aoa va a opi op ried led up in ili the king mine last katurd r 1 samples of 0 the rock cvek taken from rom V eral parts of the face of 0 the ledge verv N cre bent or lit to salt lake yesterday to 1 1 e assayed a t from N aich Is awal od ell bilth anxiety there Is an incline haft ol of sixty teet feet in the king SA WITH A STORY n was made recently in this about EL a group croup of very IT claims owned by joseph in mg jig cottonwood district since then he has r nc aceved eved a box bo of ore samples amples tal n out of 0 a short ehatt twenty feet deep 1 his Is what tho certificate c of tile the as yer at t the e ontario mill tells it vcr I 1 alss 52 ounces copper 27 02 per cent bold d this mas taken out 0 a sher ellich ties has IL a liN tory distant from nacre w ere the men wore were doing the oa as hessme 4 L mork A ork for or lm and lower down the mountain side stood a huge tree A k atoff wind blew that tree over one day a aid lt is roots wore were strong and long iu t aurally a k I 1 ly brought up with them much gb L 8 al 11 iff on examination the rock reek thus e fosca if was found to be highly mine mineral razed zed the roots were mere cleared away a id d woi k of striking sinking a shaft right there bi b gun in a few feet a small cin was en it wius was only EL a few inches it has widened out until at a depth 0 twenty feet it is about aboul eight cen cea inc ics acs the ore I 1 fiu as like the va 0 o ore in the hie blue ledge district adf a could he mr mcgee pays nay that the eel copper ar A r ledge cart can be traced almost contant asly on the surface from the valco erectly west to his claims calms I 1 in big col co leawood onwood 3 ad air alegre who Is station tender in the silver king t rid nd than whom there la Is not a clevere gentleman in the camp Is bing bf co granulated on hla his good pros f a bs big paying mine 1 1 a HK HE VALI 0 X O ata at a li stance isom the place of hp he binnin 4 of TIO feet fec l in tin tho new voice valco tunnel t new vein of good ore was en cn coun lei d late lat last saturday it pre enla A s breast of two feet lit in a porphyry or matlon mation those these tho w ho hav seen IT sample sent to town assert that jt it is equally as good as aji the best ore ank it out of the old workings i itte be murray hill group acor eoj k naylor la Is in from the murray M rill I 1 ji g agn i jp 1 at silver city mid and says the district s ts 13 developing increased activity out bac I 1 d day ity mr naylor Is also in I 1 Ore in the izanc james and west went it both of N which aich have been productive in the past and is now making al lirangi rang ments to resume then their development aid d push work on an a most ener seilo itic ale the ore in the past has hag bren been 0 ol 01 very rood good grade erade but was not ollowa I 1 belota the sulphide zone I 1 it t Is 14 the on conj lien or of mr naylor and others who aho hi he ie examined the properties in quest loi i hilt bhul there is a possibility of de T clowne ns mines milled out of them and it Is I 1 to I 1 at end that work Is now proposed 1 1 urby cirby on the triumph COMI enthis on the property of the arlum it i company com nany which includes nc lud five claim md thier fractions lying in the lir hear hearlin lif f a district that in past years has be n productive of so many million 1 r john A NIL ki by bir says it should most A new shaft house q i now being erected and on its cornale ion the of the gratin ground will aft r lesun ie umed leJ already and at a I 1 c e r feet ee from rom the e eur race ore has been i u 11 21 per cent ir if d 17 ounces milver and cold of the vs va lie ie of 2 per ton the work of devela ing the property will be under the th III adli cllon or of mr kirby who b hai ha 0 i been 2 burres ifal in the development ot of the beck 11 i f ice bros high assays essays 1 I an I 1 a ay made cst ter erday day by 8 ac C co a 0 I 1 t f state mate line ore wont ai 1 gold and it fl I 1 ounces silver the ore came from p he rice pr in ili their a foot tunnel abere ft here clity aliey have ft of feet und arid a four root foot vein of OKI bild lild nil lei 1 in an average sample belne being a ido p wrid und lot taken from all over the vein veina seve al a hundred pounds were seen at the na rl grande grand depot ciket nalice and anysej anybody y can see nee tor for themselves r he be gast to incorporate I 1 arm foments go ments are being made to in te ie the cast group at indian spring pring has lieen been an incline run into nto t tl claims to a distance of fifty f ice beet t a which bich station quartz wild was en cn aunt ed that hat I 1 llelyn ields as aa m uch as ta 4 60 in n eol aad a mice of 0 belh cr at times nacia ten have an anaed ayd d as a high as 32 in g KOI arid and the outlook tor for a niini e 1 Is 9 as ad a most bavor avor abl LA one round an old tunnel A mexican a few days ago aero while searching for A horse horae in the santa cat plinn mountains intonti taint accidentally come came upon pan an old tra trail 1 I 1 which bad evidently I 1 pen d by beings out of curio curiosity city he followed d it up antl and at a I 1 tho ili end found a tunnel some aonie thirty f feel acet long lone at 1 lh lit mou mouth I 1 it oak of aich there were some boine P picks shovels cly etc and andja t quantity ot of rold frold bearing quartz it t w was ll 11 s evident that the tools were viere old and n d had h ad not been used for years as tile the handles wre were monk covered and j often jotten B BrI elita to whom the find wits was reported has grub rub staked a party and is now an alting their return with fuu full detally det alln a as the old mine will be thoroughly investigated tucson araz art star I 1 ore and bullion Bul llon there aas aa but mile improvement in tho the ore and bullion macket yesterday the transactions amounting to but while silver sustained tho loss of a half olna the settlements during durine tho ilia