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Show SAID TO BE SOLD. A STREET RUMOR OF THE SALE OF THE EAGLE AT TINTIC, Reports Say tl-e Turclinsev is a French Syndicate Syn-dicate Shipments on the Horn .silver Have Been Suspended and the Mine Has Accumulated 2000 Tons. There were many rumors current on the streets last night of the sale of the Eagle mine in Tjntic, a property belonging to Captain John JleCryatal aud John K. Packard. Pack-ard. Aside from these minors, nothing definite could he ascertained as Mr. Packard was in Eureka and no one else was able to give autiioritive information. Gossip said the mine had been purchased by a French syndicate and the same author: ity gave the consideration as being anywhere any-where from $N)G; 000 to i"0,000. It may be possible that these rum-.rs are entirely without with-out any foundation, but they are given for what they are worth. One thing is certain if suc h a transaction has been made the ne- irrtt!itirtc J.ot-., rith llsC would like to eeeure a lease on property which will not require the employment of lar-'e capital. There are any number of claims in the district which can be leased and which promise to pay at least good wages if they are worked economically. Brief Mining Notes. Geora-e "Dick of Bingham is in the city. William Ditchfield came in yesterday from the Deep Creek mines. Jerry Murphy, a Park Cityite, arrived on last evening's train. Brigham City is earnestly striving to get up amining excitement there. A shipment is expected to arrive oon I from the Congo in Big Cottonwood. Si'pcrhiteddent Farnsworth of the Horn Silver took this morning's train for Frisco. Shipments were received yesterday from the Ophir and Lake View mines at Bingham. Bing-ham. 1 . . . , Lithographic stone is reported to have been found a short distance east of iill- mTbc're are about flftv Bingham mining men in the city on the Yoscmitc No. 1 litigation. liti-gation. News was received in an indirect way yes. terday of a i tch strike which had beeu made in the Scotia mine. West Tintic. Everything is now running smooth and sueecssfnllv'at th- Pioche smelter, which is consuming 100 tons of ore a day. utmost society, for until late yesterday liftcinoou no one had even an intimation that such a thing was in the wind. There was a similar deal being worked up 1a?t spring to sell the mine to a California syndicate, syn-dicate, but for some reason it fell through before it had advanced very far. The iniuc is reported to be in niot excellent condition, having considerable ore in sight and to be well developed for making a steady production. pro-duction. TODAYS Or.E IiECEirTS. jrines. Tcrf. rtm:e 1- ( ":i ': uu iiullion-Betk J (iemiiii Ci'iiteniiial-KuieWa Mountain I. ion 1 Horn Silver . -. . 431 . Total 102J A Murysvale Incorporation. Another big mining association has just been organised, named the "Deseret Gold and Silver Mining and Milling Company." The articles of the association were tiled with the county clerk this morning.' The company has a lif iy years lease of life. The capital stock is placed at 000,000 shares of the par value of 5.00 each. The officers are: Joseph F. Smith president, presi-dent, EUas Morris vice-president, A. Milton Musscr secretary. Ileber M. Wells treasurer, D. C. Tate general mining superintendent. The directors are: Josepii F. Smith, Elias Morris, Edwin Rushton, C. H. Wilbur, S. J. Weigel, A. Milton Musser, C. B. Weeks, J. u. I'll, uuuri .'i. ,i i nn, The incorporators are: Wilford Woodruff C'XK) shares. George Q. Cnnnon 12000 shares, Joseph F. Smith 5000 shores, Lorenzo Snow 2)1(10 shares, F. J. KicharcU --im shares, Eiias Morris -loot), shares, Edwin Kushton 72,000 shares, C. B. Weeks ly,iK0 shares, J.J. Lvon 50(H) shares, ('. J. Lvon 40.000 shares, S. J. Weigel 45,000 shares A. Milton Mf.sser 01,000 shares, C. II. Wilber P00 shares, A. G. GiaiKiue IS.OiKi shares Hel.er M. Wells 1.000 shares, David Westwood ISOoO shares, William Dixon OOU0 shares, C. B. Thompson 1S.000 shares L. II. Fisher iioon shares, Thomas Green 18,00 shares, William 11. Green 13,000 shares, Edwin Kushtou intrust, -'15,000 shares. The company ownes seven mins, all in the Ohio Mining district and near Marysvalo, PrinteU-o, Utah. Their mines are named respectively: "Branch," '"Elfie," "Mary," "Galena," "Dalton," "Calico." "Lucy Mor-rish." Mor-rish." Development work has been done on all except one. Free gold, silver and some lead are found in paying ouantities, some assays running very high. The last assay from the Branch, which has three tunnels and a shaft, went 1-151.05 gold and $-T1.50 silver. These properties can be worked the year round without fears from weather troubles; they are very easy of access and carry plenty of timber for all mining purposes. pur-poses. The. Elsie has a four and a half foot vein of gold, silver, lead and chlorides which run from $10 to 300 per ton. It has two tunnels one 100 feet and the other 05 feet. The average value of ore in each is 8-10 per ton. The Elsie is also easy of access ac-cess and has a good mil! site. The Mary joins the Bully Boy and Webster Webs-ter and covers an area of 000x1500 feet, it has a thirteen-foot vein of (urt?: running the whole length of the claim. It nil carries gold, some very high. Mr. J. M. Ilowell says it will be an Ontario. The Calico, same size of the Mary, has a four-foot vein of ore averaging :"'M0 per ton. The tunnel is now in about sixty-eight feet. The Galena l:-:s a thirty foot sh:iftvri:ha pay streak showing ?:.'i! gotd and $3$ silver. It covers the same area as the above. The Lucy V.orrish has two shafts, one sixty feet and the other ten feet. It has a three-foot vein of f;30 ore which is like the Hard Ca-h ore. The Pfjltdit joiiih the KiM-. It ha a larir; well defined vein, and like tiie li'-aiic!i and Kl.ie, is very cn.-y of acfCi. It also covcra a twenty-acre area. Tidings from Nevc.la. Mr. Philo T. Farnswor'.h, f.uporlr.tcn'lcnt of the Horn i'ilver, wa; seen at the Temple-ton Temple-ton la-t l'.itfht. lie had been ab.-ent fr;m Utah for a month. or more, during which time lie had had been at (irantsville and Austin, Aus-tin, Nevada, the Horn Silver company owning own-ing mining properly at both ph.ces. At (Irantsville the con:panj- is working the Alexander mine. The shaft on the property has heen Mink 'ioo feet and has cut ihe vein, which shows from four to lifteen feet of jrood nillin.s ore. Mr. Kanisworlli said the mill l;ad not been started, and probably would not be for three or four months more, but the production would on regularly. The Alexander is an old mine and years ao war- one of the mo-t noted i:i Nevada, as it produced 1hou.sands of tons of ore on ihe biirfacc aud nlitil it wu . worked to the .water level when it was abandoned. At Au-'tni, X- v., Mr. Farnsworth has been working th-; Manhattan roi:p ,f mines which was purchased 'v the Ilo-n Silver company last spring- Torty men .-ir- em-loyed em-loyed on this work and they are producing enough ore to more than pay all expenses. Horn Silver fdiipmen.s Snspt'iitletl. All shipments of ore from the Horn Silver have beeu suspended, though the property ii working as usual and is storing its reserves until such a time as the market improves or the railroads remove 1heir embargo. There is s-torcd at the mine at present some "JOiJO tons of ore and this accumulation is being added to at the rate of 75 to 1 MJ tons a day. The carries which have pry.' need this state, of affairs were ventilated in these columns pome three weeks ago. They were; that 1hc Pueblo smelters were heavy buyers of the Horn Silver production. This ore was all transported over the Union Pacific; hut the Mnelter declined to rive that road any of its bullion shipments cat. In a spirit of retaliation retali-ation or justification, the road advanced the freight charges from Frisco to Pueblo a dol- j lar and a half a ton. When thii was done, those works either could not or would not I compete any longer for the product of the ' mine. There may he no compromise of the matter for some time, Imt Ihe management is hopeful there will be; but iT there is not. the production vill have to be marketed elsewhere. The Hercules, Stockton. Stockton people are der.irous of having better train service, believing that if they should obtain it more people could be induced to go to the camp and some of them might take hold of some of the mining property prop-erty there. AVith the present railroad service, serv-ice, it is almost impossible to get a capitalist to consider a trip to Stockton unless he can tic persuaded that there is a bonanza out there which he can buy for a song. The Salt Lake nu n who recently purchased the Hercules mine at Stockton, "were most fortunate. The mine ia at present making a production of lie or siv. tons a dr.y of ore that will run from 50 to 00 per cent lead and li to 3-T ounces in silver. The Hullion is making a small but an irregular ir-regular prodiit tion. The Stockton ites believe tlsey hive a camp well worth a visit from miners who would |
