OCR Text |
Show ALL AROUND BINGHAM. The Mining Camp Is-Now Enjoying a Boom and The Mines are Turning , Out Fine Ores. SEVERAL EXTENSIVE TEANSPEES. A Mining Revival Eastern Investors Coming to Utah and Putting Their Money in Mines. Bingham, July 18. Special correspondence. corres-pondence. Seldom in the history of mining has there been such a chantre son to get started.' Take it all in' all, the camp is in a fair way to pros perity. ! We had an active election for a re-, corder in the last two weeks, resulting in the election of Mr. H. B. Quiim by a handsome majority. He will not only do his duty, but will take a pleasure in answering' questions, and will givo a truthful report on Bingham and its mining claims. I think the Salt Lake business men should give the old reliable reli-able but only half known mining camp a lift in the way of advertising ad-vertising and showing up its mines before those eastern capitalists that have any amount of money laying idle and waiting investment. Such a step would be the biggest boom Salt Lake City could get, because no camp in the territory helps Salt Lake so much as Bingham. People cannot go or come to Bingham without calling and spending spend-ing more or less in Salt Lake City, and besides it is close to the latter that the superintendent of a mine can sit in his oiliue and call up his foreman in Bingham Bing-ham three or four times a day by telephone. tele-phone. Leo. evinced as has taken place in Bingham canyon, in the last half year. From a sleepy, easy going, como day, go day, God seud Sunday sort of a place to one of the greatest activity. For such a ol an go to take place iu such a short time, with one or two men, is enough to convince the most sceptical of our old moss-backs what a few energetic business men, with capital, good foresight fore-sight and judgment cau do. There has been in the last three months two deals in mining property that involved, to put it conservatively, over $1,000,000. The Stewart No. 1 has, I am informed, changed hands, or about to, in a day or so. That alone is said to involve upwards up-wards of $450,000, and is cheap at twice that amount. Then look at our Magara Mill and Mining company, with their fifty odd claims. They have just started to run their big tunnel to tap their different mines. I havo been on the ground and seen where they have started to grado for their shops, etc, Besides I have had a long conversation with that estimable gentleman and manager, Mr. P. A. II. Franklin, who told me that said tunnel would go through as fast as men and money, with the best and latest improved machinery, could drive it. Their tunnel cutting averages from 800 feet to 1400 feet. IVo small depth for a tunuel, besides be-sides draining and benefitting others. The tunnel wheu completed com-pleted is estimated to cost between $100,000 to $200,000. Tho company are working hard' and fast to complete their mill this month, which, when finished, fin-ished, will be second to none In the territory. ter-ritory. It is being built at presont to handle tho Utah, Live Pine aud Miller ores. It is tho intention of tho company, com-pany, when thoy get their tunnel completed, com-pleted, to erect a mammoth mill at the mouth of tho tunnel, that will bo capable capa-ble of handling from 1500 to 2000 tors daily, A mill of such proportions can be worked much easier and cheaper than a mill of one-twentieth its capacity capa-city a mile or two further up the gulch, because it Is so much nearer the railroad, rail-road, with better roads and other facilities facili-ties for working it all days in the year, and as you increase, the capacity of the mill, you decrease the expense in labor, fuel, etc. The South Galena and Jordan mills are still having their daily output. The South Galena has become famous for its output, astonishing the natives. It has made a record for itself in a few short years from a prospect to now one one of the best paying little mines in the camp. It is worked by our able and efficient miner, Mr, Dau McLeod, who is not only reliable and profitable to tho company, but is very popular and well liked by everyone ho comes iu contact with. Tho Rongli and Ready mine has just made a shipment of nice oro, as did the Frisco and Benton, tho latter going 50 per cent lead and 20 ounces silver, $5 in gold, and tho former 26 per cent lead and 107 ounces silver no sign that Bingham is a low grade camp. The Stuart No. 2, under a Mr. Snell from Chicago, is about to start up. This is a very valuable mine and no doubt will pay , large dividends in ' The Real Estate Exchange. . The call meeting of tho real estate exchange this morning wag well attended, at-tended, but neither wants nor offers were placed on the board. The members, mem-bers, however, all seemed in good humor hu-mor and confident of having a lively week. Secretary Montgomery's mail was unusually heavy this morning, aud contained besides the regular inquiries for circulars descriptive of Salt Lake city and tourists rates, a number of letters let-ters from business men who were looking look-ing for new fields, and also from manufacturers, manu-facturers, who asked information regarding re-garding tho city's inducements to man-tacturing man-tacturing concerns of various kinds. the near future. The Dalton mine has just completed putting in a very tine whim. It is the only oue in camp at present, and for the poor prospector or miner with a limited capital it is a daisy. This mine is going to show up big as soon as they, get down a little deeper on its vein. The Brooklyn, Lead mine, andYo-somiteNo. andYo-somiteNo. 2 need no comment, their daily output of first-class ores speak for themselves. ' The Old Telegraph mine, if the piles of ore indicate the wealth of a mine, must be a Lu Lu, as every available spot of ground around the mine is slacked up with ore. It is a pity that a good live man didn't have charge of that magnificent property instead of workiug it in a half hearted way as it is at presont, M ith only seven or eight men. They could work 150 men with advantage, which would not only benelit the camp and make it whore it rightfully belongs, second to noue iu the territory, besides it would be enriching tho coders of its owners. The people are looking aud watching patiently for a change. The Queen, and Lucky Boy mines are both worjiing under lease and some line high grade oro has been extracted. ex-tracted. Messrs. Lochwiu and Mc-Aviney Mc-Aviney are developing some good property, prop-erty, which will compare favorably with older -and paying properties in the near future. Tho Bingham Canyon Placer Mining company has just closed down, after a prosperous three months' run with a limited supply of water. They cleaned up euough gold to show them that with a little earlier start iu tho spring it will will uot only pay, but pay handsomely, everythiug being now 'in shipshape. Tools and everythiug put away carefully, care-fully, they cau commence active operations opera-tions iu tho spring with a week's work, whereas it.touk them months this sea- |