Salt Lake Herald-Republican | 1915-08-22 | Page 32 | Mine Doings of Week in Utah And Adjacent States

MINE DOINGS OF WEEK IN UTAH ADJACENT STA STATES TESI YANKEE j IMPORTANCE GROWING GRUNING MAY SAM JAY NOES MUTES That That new body of ot silver lead lend elver-lend ore which Supt Lewis Merriman found Inthe in inthe the western Supt portion porton of tho Yankee round ground and within a few tew foot teet of the tho surface o promises promise to be he ono one of the tho most Important discoveries of ot the year In the tho GodivA mountain lecton of Tintic Tintie Tin Tin- tie tic says ays the Eureka Eureka Reporter If I ItIs ItIs it itIs Is tc not a continuation of tho the oro ore body boy which tho the May Iy Day people have been ben working for many months months then there thero another deposit deposit de de- de- de Is a possibility of it I being n posit of equal Importance Superintendent dent tient Merriman has Alread already sunk on the theore theore theore ore for tor a sufficient distance to show R that the th deposit compares in thickness with those that have been found In that particular wit part of ot the district and he is now raising raining for tor the same me ore A Tho ral raise e which ho he Is driving driving from tho the upper upper tunnel workings of the tho Yankee will Trill connect with th the th with about feet teet of ot work and tho the carload or more of oC ore oro which has been mined on from the tho winzo will wIl not be shipped until It can bo be dropped down through this raise This ore Is said to carry about bout 15 ounces In silver siver and possibly IS per percent percent cent l lead d Tho The lead values value are rather Irregular according to Mr Merriman but the eliver sil silver siver eli eli- si- si ver holds up well and there is an ex excellent e- e showing of ot this ore In the celent It lo Is the he Intention of ot the Yankee officials I to carry carryon on work In both the and raise and by so doIng coInS do- do co- co Ing it will be bo but a short time until the tho InS connection IB Is made During During tho the week the Uncle S Sam m people peo peo- peo- peo pIe started work ork on the surface of their property In an nn effort to get Ket tho the conI continuation con- con I of oC this new Yankee Yankee ore ore The distance between the place placa where this I now work ork has been taken up In behalf of the Uncle Sam and the point where hero tho the Yankee ig Is sinking Its Is Is about feet Superintendent teet of ot the Yankee Yankee Yan Yn kee states that about twenty five twenty leasers lens leas ers em are now busy In this property and nd that most of ot them are mining zinc ore I Tho The zinc deposits in the te Yankee are 1 I not large largo but the ore Is unusually I good god and shipments carrying 40 per pcr percent percent cent zinc have not been uncommon during the past few fe months Zinc Zinco o of ot this grade rade brings in the neighbor neighbor- bood of ot 60 per ton from which must be deducted freight charges of ot about be nao Tho The ore is consequently worth i over lover 2500 a carload The Yankees Yankee's zinc Inc shipments are being consigned to Pennsylvania where the ore Is used In Inthe the Ithe big steel works May u Day Since the tho directors of ot the Ma May Da Day declared the dividend which is to besent be bo sent out to tho the shareholders next week weel I the ithe mine has shipped four tour cars of oC the high grade silver lead lcd ore and nd e enough lore ore to load three more cars Is 18 now In Inthe the tho bins awaiting shipment shipment It I Is 15 1 perhaps perhaps per per- pe- pe 1 haps safe safe- to say ay that thal the money which will b bo be sno received in settlement from wll these seven cars of ot oro ore will wll be sufficient dent to replace the sum which Is I needed needed need need- ed for the cent 3 dividend The Theore Theore Theore ore which is I coming comins from tho new neW west fissure of ot the May Ia Day is bringing on onan an ai average of ot per carload In recent weeks the te poorest car Cr brought close to 2000 and the best a n trifle over the oro ore running from 70 to 80 per ton Manager J. J C. C Dick who was wn out from Salt Salt Lake a short Ihor time ago for a n conference with Supt C. C C C. C Grigge was wal thoroughly pleased with recent developments developments devel devel- in tho the western section of tho the thomine mine from which this high grade ore Is coming Mr Ir Dick states that while the mine can pay more than 3 cents a ashare ashare a share haro quarterly he fa favors vors keeping keeping- a abIg abig big surplus In the treasury treasur and In Ing a part of this money In new de development de- de work worle He will HI probably snake make arrangements for a campaign campaign of work worle on one of the May MY Day s lower slower levels levela but he is not prepared prepare to give giveout giveout giveout out an any Information on this work at nt atthe atthe the present time A few days ago tho the Uncle Sam people people peo peo- pie commenced a n new piece of development development develop develop- ment merit work on their part of ot the Humbug Humbug Humbug Hum Hum- bug claim and tho the object of this prospecting prospecting pros pros- is to try tn and locate the tho southern southern south south- em ern extension of or the now new nc ore oro bod body bod which wa was uncovered a short time ago In the Yankee and which by all 1 tho the rules of the mining game should be beI I continuous throughout the Yankee and I Uncle Sam ground When the famous I old Humbug claim was sold b by Jesse Jesso night Knight after he had taken from it the j I foundation o of his present present fortune part partI i I of tho the ground went to the Yankee and md th the thc other othor part to the Uncle Sam Un- Un company compan The he splendid tonnage of high grade ore which Mr Knight mined from tho the Humbug was only a small email smal part ot of the great reat wealth which the claim contained because the Uncle Sam company com com- J pany did a very small amount of ot work before they opened another ore body boy boyr f r that was even larger than tho the one ono I which first brought tho the Humbug into prominence and now the tho Yankee people have have opened a third ore shoot which may may bo bl as rich as a those which have ha vc already al already al- al al- al ready been ben mined Supt Supt C. C C. C of the Uncle Sam SamI states that the work which was taken I lup UP a a few days ago is of ot a preliminary nature and as soon Boon a as the led ledge e is located lo- lo i tho the company compan will wil decide on a I campaign c of work ork BOSTON CO COPPER PER RANGE RAGE I II I The Tho following quotations wore were reI reI re- re I over Dd Badger er Bros private wire I ISales HI Butte uteS S. S 13 1373 86 60 Daly W t 5 Daly Day rr Butte Bute no 1200 1200 1200 Greene Can v. v Doug GOO 69 67 69 N rV Butte Buta 2850 2850 U ty B. B S. S corn com SU a 2875 Preferred 95 th Utah Con 1200 12 1200 00 Utah Apex Apex 45 Met d. d Sl O BOSTON CURB CUB The following quotations were rec re- re c 1 ived over Badger BadJer Bro Bros prIvate wire I iTh Bi I Ask Ak Doston Ely 71 20 28 Chief Consolidated 90 Mines 90 15 Eagle Eachl Blue Bell 5 64 54 Valley Valey oo Ohio Copper io 10 15 i I Verde Futh Utah 16 i PlANT UM ON GREEN RIVER PlACER BES BEUS TO T START UP UPI P I I It If present plans work out within a short time a big gold placer plant will willbo bo ho operating operating- on the aurl auriferous roUs bars bart of oC Green Groen river Tho The pa past t week tho property property property prop prop- erty of oC the Goldenrod Mining ining company compan was waa carefully inspected by John A A. Mc- Mc tc- tc wal Mister J. J 1 I. Shepard Morgan Knapp Alster and J. J S. S S Smith of Salt SaI Lako Lake and Lo Logan an We Ve everything so 0 much better better better bet bet- ter than it had been represented to us that We e were ere more marc than pleased with that the proposition said one of or the party part on hia return Tho The present holdings consist of ot about forty acres of oC rich sands ands located along alonS tho the bars of the tho riv er ere Wo We have already taken an option opton on acres more t which will wil give us OO acres in all al We Wf made mado careful tests testa tese In man many places alon along the bars and we wo were werf astonished as as- a at t the returns Instead of or averaging GO 30 to 80 cents or even 1 U a a yard wo we found much of It carr carrying up to 2 and nd better some 5 a a yard We Vo expect to hae have tho the Goldenrod plant which was installed last lait year ear re repaired repaired ro- ro paired and with some additions It can canoe be oe treating at l least ast yards dally daily daly We Pe should make handsome profits at this capacity But for a n small smal expenditure we can put a number of or tho machines along the river and vastly valUr Increase the dally daily daly capacity V Wo VC hope to have o a n machino machino ma- ma chino working before long and next spring working to have a a number numb or of or them in op opera era t m. m Large Returns The Salt Lake Lako Lako party was as met at JenSen Jensen Jen Jen- sen by George A. A an experienced experienced miner who was connected with wih the Goldenrod plant last year ear He Ho Is enthusiastic over oer the possibilities of the new process and tho the Wll way It hag aready al alread already al- al read ready worked orkell out on Green Groen river sands Not ot only was the tho flour our gold old saved but to the rich black sands as ns well wel He says as a's that the preliminary run of oC twenty days das with wih tho the machine last year ea resulted in a up clean of 2800 A little machine treating only twenty twenty five yards ards dally daily in eleven eleon and a halt half days cleaned up 2460 The Tho sands are said sid to be not only deep but extensive J. J I. I Shepard has signed up a contract to put the plant in shape for handling about yards dRI dally daily NG IS HEAVILY MINERALIZED Supt I L. L L T. T was down from the Cottonwood King IcIng yesterday and re reports 10 ro- ro ports that the tunnel Is Its now in 94 feet and is duo to cut tho the fissure cross cross at any ant time unless tho the vein has baa flattened flattened flat flat- tat tati i lene and extended farther tarther Into the mountain a tal IL I He says sas the whole hole faco fao of ot the tunnel tunnel tun tun- tunI I no nel is heavily mineralized showing In Indications Indications In- In I In gold sold silver lead and copper copper cop cop- per and it st looks like an any round of shots might break brenk into the ore which will wil be bo lead carbonates According to a survey made b by Engineer En En- George G. G By water we haven't feet farther to drive before reaching the tho ore unless the vein has flattened said sold Mr The Cottonwood King has thirty thirty- eight claims In the head of ot Big g Cottonwood Cottonwood Cotton Cotton- Coton- Coton wood canyon canon It I adjoins the tho Silver Siver King Coalition Coalton ground on the east and several so other properties on the north north- east Tho The Cardiff mine is about two miles straight through from us us and the tho fissure fis fis- fis sure ure from our property can oan be traced clean olcan through to the Cardl Cardiff Wo Yo have numerous surface showings of ore oro Wo We have have four tour feet of pa pay oro ore in an nn incline shaft down sixty feet feat and on the tho same samo fissure there is another in incline In- In dine cline shaft shaf down twenty feet teet with Ith ton ion feet of ot vein matter mater which is fully half halt pay ore Farther up on tho apex of ot tho the hill hll we have have a body of ot ore Inthe in inthe the tho lime iliac thirty to fort forty feet long and fifteen Cean to twenty feet teet wide Ide all al exposed exposed ex ex- ex- ex posed and Is 18 spattered with copper Still SUl farther tarther up wo we 0 have havo tons of ot otrIch rich ore lying on the tho dump taken from froman troman an incline shaft down fifty to sixty feet teet et and several other ledges all al over the property sho showing good values In lead lead copper and silver siver BULLION BULION PRODUCING R. R R M. M 11 Kellogg Kelogg of f the Domo Dome Mining and Reduction deduction company compan of Bullion Bulion and J. J G G. McMullan also of that place are arc arcin in Elko says the Free Iee Pre Press on busi busi- ness When interviewed they said sait that Bulion Bullion was wo quiet slow slowly going along and prospering Tho The camp Is shipping snipping its Is usual tonnage the record last Bummer summer sum Bum ummer mer being three ton tons and It will wil be kept up UD this year There are twenty or thirty miners at work In In the tho camp They are using automobile trucks for haulIng tho the ore from the camp to the railroad and tho the trucks have proved ver very satisfactory The haul Is tr from m Bullion Bulon to Lo Rains' Rains siding and they usually average about fifteen tons dally daily daly with tho the two trucks NEVADA STOCKS The following quotations were Wore received re- re over Badger Bros Bros private wire I Bid I Ask k Atlanta Atlanta 31 33 32 Booth 43 44 Blue Bull Bul 04 C. C COD O. O D. D 04 Combination Fraction 10 Daisy Dalay 03 D. D B. B B. B 01 02 Goldfield Consolidated Jumbo Extension 46 Lone Star 1 o 03 os 05 Merger 20 1 Spearhead 08 03 Silver Siver Pick Os 08 09 Vernal 02 Yellow Tiger 01 Oro 07 Sandstorm 06 Ie anos 12 1 13 Great Bend 06 07 01 Grandma 0 Dig Big Four Four 05 Consolidated Virginia 12 hale Norcross Virgnia Os 05 Mexican 43 3 45 Ophir J. J 26 27 CI Sierra evad 13 Union 10 Belmont Cash Boy 03 Gypsy Queen e. e 01 Jim Buler 83 Merger 35 Midway 11 Montana P. P Extension 04 McNamara 01 North 11 Rescue Eula 06 o o Extension 46 02 West ost End Enc 63 P Silver Peak 08 Nevada Nevada Hill 1 20 Round Mountain 48 4 44 NEW YORK CURB QUOTATIONS The following were wee received received re- re over Badger BroL private wire 1 1 Bd Thi I Ai Ask Colorado O 1 Q I H J. J OO 10 0 07 09 Iron 68 68 72 Jumbo Extension Montana 28 32 Extension lon 18 18 23 22 Nevada Hills Hils is 18 22 North Star io 10 IZ Alto Ala Consolidated 86 85 87 81 Emma Copper 87 83 BI Big Cottonwood o OS O Wasatch Wasatch Mines 8 West End 61 63 Utah Utah Securities tes H. H 1400 00 Utah Uth SecurIties Notes Note 1700 SilVER KING CON CO ClEARS PROfiTS IN DAY 30 E Excellent celent h headway adway Is 18 being boing made at atthe atthe t the Silver King Consolidated at Park City whore tho the shipments made In July and not settled for tor and the settlements up UI to August 15 16 amounted to a total of 78 tons The Thc actual shipments made mAle in August to the middle of tho the month amounted to 1 0 tons It I has been beon es estimated es- es 8 that tho the not net pro profits on this ore ls is 11 33 a ton toil or nearly for this ag aggregation re of or shipments The recent 10 ro- ro cent decrease in tho the prices price price of ot lead and silver havo have affected the profits not more mora than about 1 a ton Consulting Engineer H. H A. A Lee came caine down from Park Parle City last evening and declared that the phy physical conditions of the mine aro are entirely satisfactory At a recent meeting of ot the tho board of oC directors of oC the company Richard P. P Morris was chosen choson as vice president In place pla of ot S S. K Lewis deceased This vacancy In tho the directorate will wi probably b be filled when tho the directors meet sometIme somo some tIme next month to take action acton on the regular quarterly dividend declaration General Manager Solon Spiro will wil probably probably ably havo have returned from the tho Atlantic r coast b by that time PARK CITY OUTPUT IS fR FOR TE THE WEEK WEEKS EEK S Special ca to The he M n. n Park Prk City Aug 21 ShIpments Shipments from the tho mines of or this camp cap the tho past week totaled 1682 tons tons valued at This Is compared d with wih 1762 1752 tons last week valued at Tho The shippers Pounds Dal Judge Daly-Judge were Silver Siver King Coalition