Show M B B W B CB B BBB vj 0 another meal ifor J af 40 t 2 z 1 1 I the past few years utah has I 1 1 presented an alluring beld for the heavy investment of eastern capital A in various us mining enterprises al joost most every minin mining 0 camp in the state has been the scene of gigantic deals involving the ex j pend iture of vast I 1 sums of anoney money and J none mo more re so than hs bingam the old t reliable the home I 1 of the great highland 1 boy the united states holdings the f bingham copper J gold mining c com 0 m f pany p a n y the boston s con the shawmut and a score or more of propositions of lesser note but none the less valuable and promising producers and shippers included in the number be ing the old dalton Y lark with its splendid holdings embracing thirty four claims in the center of the great mineral belt of the camp the property of the company including several old 1 time mines which I 1 have produced their millions million sin in the past and which within their extensive workings show bodies of ore running up into the millions in value within the past two or three years almost every available foot of desirable ground in bingham haunts has been corralled by heavy eastern capitalists and home investors until at the present time it is almost impossible to find in this prolific camp a large tract of meritorious ground subject to purchase lease or bond the dalton lark equal in area and its mineral depositions to an any y of the now famed bonanzas of this locality being about the only proposition of this abi s character and magnitude on the bargain counter and this splendid piece of property the mining re view is glad to state has but r recently been secured by a strong syndicate which will doubtless make of it a heavy producer and a money making proposition at no distant day 5 1 this deal so happily consummated calls for the ultimate payment of of which has been paid by the purchasers P L kimberly of sharon pa william A johnson of denver and willard F snyder of this city mr snyder has been 31 N 17 vr v C THE DALTON fc LARK HOIST AND concentrator property for a year or more associated with hon P T farnsworth worth of this city the three gentle men first named securing curdo mr farns F a r n holdings in return for the pay ment of above enumerated A number of conflicting interests in the past have interfered with t the h e successful handling of the dal ton lark property some of the claims embraced in the group had been mort and this i in n debt edness had bad to be wiped out before the way was cleared for the consummation of the present deal farnsworth and snyder accomplished this and at the same time secured control of the stock of the company or out of a capitalization of shares and under the terms of the option outside shareholders can put in their holdings at any time before the first of july at twelve cents a share re ceiling ce iving after an indebtedness of i ched isiacc I 1 of ely sn en benig cens a share fop the property of the dalton lark consists of four groups designated as the dalton lark the lead mine the antelope and the sampson group each of which have splendid records as producers of mineral wealth in the past and it is estimated by able and conservative mining experts among them being wm A farrish that in the workings of the consolidated property all of is now blocked out ready for the market or the mill the greatest difficulty encountered in the successful operation of the dalton has been the heavy flow of water encountered with depth the main working shaft has reached a depth of 1050 feet where magnificent bodies of pay ore are exposed but which cannot be handled at an advantage without first installing heavy pumping equipment to obviate this difficulty a mile tunnel has been started which will uncover the ore measures feet below the deepest workings and at the same time drain the mine and give an easy outlet for ore and waste when this is accomplished it is highly probable that the new management will put in mammoth reduction works when the property will rank in importance to any of its near neighbors which are now so popular with eastern investors and so active on the boston market the dalton lark has its own hoisting works and a concentrating plant one of its mills having been destroyed by fire some years ago the mine is e connected with the R G W road in bingham canyon with a tramway several miles in length so that it is easily accessible while ore and concentrates can be loaded on the cars at a trifling cost the successful termination of this deal means much for the future of bingham as the new crowd has ample means to carry on exploration work and for the inauguration of contemplated improvements in fact the transfer of this valuable ground to eastern millionaires is certain to give to this old camp another property which in its operation production and importance will enable it in time to rank favorably with the highland boy the bingham copper gold the united states the boston con or the other big mines of the camp as the ore is there and in inexhaustible quantities in this connection the mining review desires to compliment willard P F snyder who in fact is the prime mover and promoter in the sale of the dalton lark mr snyder is a young man but already he has acquired an enviable record as a successful mining promoter the splendid growth of gold mountain district is very largely due to his efforts the recent sale of the dixie copper mine to a connecticut syndicate was also consummated through him while various other enterprises of considerable magnitude have terminated successfully because of his connection with them from now on mr snyder will take rank as one of the most active reliable and successful mining promoters in this intermountain region |