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Show WESTERN MINING GAZETTEER, Ah GENERAL MINING NOTES. JC Cj THE NEW BOSTON MINING EXCHANGE. The American Exchange in speaking of this board, says that great coniidence is expressed by persons interested in the new Mining Exchange iu Boston, of its entire success. The enterprise has met with great encouragement, and considerable enthusiasm is shown in regard to it by mining men in that city. It was proposed to have the stock of the organization consist ot 250 shares, but the number has been reduced to 150 shares, all of which it is stated have been subscribed fon The Exchange has secured elegant rooms on the first floor in the marble building of the New York Mutual Life Insurance Company, facing Postoflicc Square, in Boston. The location is perhaps the most desirable that could have been selected in that city. It is proposed to have acabi-ne- t in the rooms, in which will be kept specimens of mineral taken from the mines listed on the Exchange. The cabinet will be divided into compartments, one being set apart for each company, and for the use ot which a small rental will be charged. Those persons desiring to have the privilege of using the rooms of the Exchange will be charged an annual subscription fee, so that people living out of town can make the rooms a place of resort while iu the city. The managers of the Exchange confidently predict that within the next six months as many as 100 mining companies of unquestioned character will have their stocks listed at the new board. i NEW STOCKS AT THE NEW YORK MINING BOARDS. The committee on stock list of the New York Mining Stock Exchange has admitted the following mining securities to the stock list of the Exchange, Saturday, the 14th inst., being the first day on which they were called : Bonanza Chief Gold Mining; capital slock, $ 1,000, 000; par value of shares, $1 each, unassessable; location of property seven miles from Helena Mountain, Montana. Father dc Smet ; capital stock, 10,000,000; par value of shares, $100 each, assessable; location of property, Dead wood Gulch, Wkitewood Mining District, Lawrence county, Dakota Territory. Alta Montana; capital stock, $5,000,000; par value of shares, $10 each, unassessable; location of property, Wickes, Montana Territory, llarshaw'; properly in Arizona. Alice; property in Montana Territory. Sulro Tunnel ; property in Nevada. B THE HORN SILVER MINE. Colonel C. I Baldwin, says the Georgetown (Col.) Courier of August 12th, returned from Utah on Thursday last, where he has been for the purpose of examining sonic mines for eastern parties, lie made a thorough examination of the celebrated Horn Silver mine, which is located at Frisco, 225 miles south of Salt Lake City, or Zon as it is more commonly called in that Territory, which he describes as being the greatest ore deposit that he ever saw. The mine is opened to a depth of 315 feet, and horizontally for a d tanceof 550 feet, and at several points the lode has been crossed to ea wall and exposed an ore body 50 feet in width, the entire crevice beii pay ore There arc three kinds of ore in the mine, each kind beii separated by a clearly defined line of demarkation. The largest ma is sulphate of lead, carrying about GG ounces of silver per ton and and cent, lead, three fourths of the crevice. This bo per occupying lies on the foot wall and is called by the miners the smelling ore Tl body next to the sulphate is about 17 feet wide and worth 87 ounces silver and a small per cent, in lead, it being known as the leachi i ore. In color it varies Iroin reddish brown to nearly white, it heir in and in some light weight, respects resembles chalk. It contaii granular silica, an uncommon form for that mineral, which irives it mottled appearance. Analysis shows that it contains 47 per cent, silic On the hanging wall is a body of heavy spar that is sprinkled tliroue with spots ot ruby, brittle, and chloride of silver, this beinir tl richest of the tin ec, the average product show ing it body to 1( ounces of silver per ton and with a trace of lead. The lodecontain is tact vein with a foot wall composed of dolometic limestone, a coii that places is changed to marble, and a banging wall of trachyte It is tli only contact vein that Jms been found in the district, the other veins h ing either wholly in limestone or granite. The Eureka (Nevada) Con. has declared another dividend of 50 cents. Within three years Bodie District, California, has produced nearly $7,000,000. The High Ore mine, Butte, Montana, has been sold to E. M. Wilson for $2,000. The Lucky Boy mine, Idaho, has been sold to a New York Company for $25,000. The Grand Prize, Tuscarora, Nevada, declared a dividend of 25 cents on the lGih. . The Stormont, Utah, has declared its second dividend of thirty cents per share. The Barbee & Walker, Utah, dividend of ten cents per share is payable Latey & Williams started up their smelter a week since at Milford, Utah, on Horn Silver and others ores and is running nicely. Judge W. F. Andersons new map of Idaho is the result of a great deal of study, and is entirely reliable; giving, as it does, a correct showing ol the mineral section of that Territory. F. C. Phillips, electrical engineer, has arrived in Salt Lake, and will immediately put up the electric light for Gen. P. E. Connor in his reduction works at Stockton, Utah. The Atlantis, Glendale, Montana, says that 25 or 30 mons miners are needed at Lion City, and that at least 60 more men could get work in the mines or in the construction of the tramway. The article in another column under the title of The Assessment Policy was written by a gentleman who has had an extensive experience in the matter, and we recommend its perusal. In the next issue of the Gazetteer wre will publishes an exhaustive report of the Ontario mine, Utah. This will be followed by a lenthy review of the developments in other mines of this Territory. The lead market is looking up. Yesterday (Tuesday) it advanced considerably in New York, and those having lead ores are feeling good. The signs are certainly favorable for a boom, and we shall be glad to see it at once. There is a great deal of ore in Ut h which will pay to reduce with lead a few dollars higher per ton. On the 17th the following bullion shipments were made from Tuscarora, Nevada: Grand Prize, eight bars, $15,418.11 ; Navajo, seven bars, $12,019.60; North Belle Isle, eight bars, $14,G00.G4. Total $42,038.35. This makes nearly $75,000 already shipped this month and with two more shipments during the month, will reach over $100,000. Tuscarora is doing nicely. The Mammoth Mining Co., have purchased of W. II. II. Bowers, Salt Lake, six ore feeders, three combination amalgamating pans and one Belding settler, to increase the capacity of their present mill. It is the intention of the company, under the management of Capt. II. II. Day, to rush the production of the mill and mine and establish the fact that the Mammoth mine as a bullion producing property has but few superiors on the Coast. The Elephant mine in Bingham, owned and worked by the Summit Mining Company promises well for a dividend-payin- g property in the near future. The upper tunnel running on the vein has a fair showing of ore assaying from $37 to $75 in silver to the ton with 48 per cent, of lead. The tunilel is now in 120 feet, and the Company propose to push it for the centre of Bald Bountain by continuous labor, and with a prospect of shipping ore shortly. The Salmon mine near Custar, Dakota, is on the boom. Some of its ore runs $18,000 to the ton. The one draw-boc- k about it is that it is refractory ore, and will not yield its gold to any of the processes now in use in the Hills. The owner, Mr. Woodward, has made arrangements with capitalists to ship the ore to the Omaha works and have it run through. Even with heavy freights to pay in transferring there is supposed to be a handsome income in the project. Tlie Jupiter Mining Company, whose properity in Big Cottonwood on the north the Ilccd and Benson mine, are driving work vigoradjoin, ously and with encouraging results. The vein in the Jupiter is now pitching to the deep and the miners are following it with the assurance of reaching a bonanza. Assays from the vein show from $00 to $223 in gold to the ton of ore and $57 of silver. The formation is similar to that of the Flagstaff, which is from two to three miles distant in a southerly direction. to-da- v. w |