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Show THE SALT LAKE TRIBUNE, SUNDAY. MORNING, JULY 24, 1921. Hamilton Miners Continue Development Campaigns Operators of Famous District, With Faith in ture, Are Putting Properties in Shape Production to Start at Liv for Production. ingiton . Property; Ore t Find on Navarre Creek. Special U Tba Tribane. MACKAY. Idaho, July 2$. Th Living- ston group of mines on Jim creek, tn Fork country, is to be opened the up and worked Spain, after an Idleness of over twenty years, according to Laf Wahall, who passed through Mackay today on his way to the property to undertake road work. According to the" report, the property has been sold to a mining corporation in the east, which will commence active produotlon operations as soon as the road is rebuilt and put in shape for hauling. - The of the Livingston group was one ore In heaviest producers of silver-lea- d central Idaho In the earlv days, A "production of more than 11,500,000 is credited to the property. W hen the big slump In silver values occurred, the mine was shut down, despite the fact that a large body of ore was stin tn sight.' In the mining Recent developments world and more adequate facilities for the ore assure a steady transportation of production for a long time to come, acor cording to mining men here. . Enough is in sight, it Is said, waiting to be taken out and shipped., to insure a large production for more than a year, even if no further ore bodice are opened up. This property Is recognised as producing the highest value In silver Of any mine In thie section, and mining men familiar with the property assert that the ore in any extracted sight now la as rich as days of production. in during the early What may be an important strike mining is reported by George R. Morgan and Art Lindsay on their claims in Navarre creek, located In the Alder Creek mining district. The strike was made almost on ths surface, and pay dirt has been taken out at the very grass roots, according to Mr. Morgan. Nine claims have been located by uie two partners, eight of which show values in copper, lead and silver; In the ore other, In which the strike Is made, showing better than $16 per ton tn gold is reported. The samples which ar&said to have assayed this amount were taken from the top of the vein, less than eighteen inches below the surface. Little work outside of location1 work haa been done on the claim. The partners are working on developing the vein at the present time. The main lead, which haa been prospected to a feet, is still holding out depth of twelve Outcroppings of the vein can be traced along the surface for more than 100 feet. Samples from the vein at a depth of twelve feet are being sent swav. Mining men who have visited the property say the vein is undoubtedly becoming richer haul la necessary to at depth. A get the ore to the railroad. Et t i i I t 1 ? LONDON MONEY. . LONDON. Julv 28 B,r silver, 88d per ounce; money, 6 per cent, Ditrount re lee Short Mile, 414 per eeat; t1ireeaioatb bills, U II 44 per cent. - 14rt - JT-'i"-!. 3- - -- 1 , What. Stocks arm the- Best Boy Now? Analyaia of Forty Aotira Stocks wiiUeyos to compare value at a gtanc o. The ROSE INVESTORS' BLUE BOOK compares values for past years. Shows how to Invest for profit on basis of pries movements besides earnings and dividends. Enables you to appreciate opportustocks. nities in sound high-grade PARTIAL CONTENTS Ineene, earning e per share, dividends, capital price movenmU la graphic form, monthly and weekly volume of transactions, news to data, ate. Full of vital Information for eucceee-h- i Investor end traders. Your copy is waiting hnd will he sent free without obligation. Writ today fat Baaklat SO I Special to The Tribune. Nev.. July 23. Hamilton,' one of the greatest silver ELY, In the west, today, despite distance ffrfm--. the railroad sad the low price of metals. Is a fairly busy camp. Operators with faith la the future are putting their properties In shape for capacity production during the time when metals will egain be selling at favorable prices. A large number of leasers are prospering and development campaigns In most eases hava been continued without Interruption. Vi hat la generally considered One of tho greatest mineral axdtements ever experienced on this continent occurred at Hamilton soon after the discovery of phenomenally rich ore in large bodies on Treasure Hill in tho Isto sixties. Ths district was organised In 1365. For several years thereaftar a small amount of ore was produced from the western slope of tho White Pine range at the camp of Monte Cristo, but the district as a whole attracted but little. attention until 1868, when extraordinary bodies of mineral wealth were discovered on Treasure Hill, "which soon led to oven larger discoveries. It la stated by of the district that one block of almost pure horn stiver ere was taken out which weighed 3800 pounds end was worth $38,000. The news of these discoveries spread rapidly to all sections ef tho west, and within s fsw months what was known as the White Pine Rush was on. Which continued for two or three yearn. rs New County Organized. The county of "White Pine was organized with Hamilton as the county seat, which soon attained a population of several thousand, while Treasure City, Eberhardt and bellgman wera cloae competitors in population and Importance. A history of Nevada, published in 1881, says that the chlorides of the Hidden Treasure snd Eberhardt mines were unknown to the North American continent snd had a parallel only In the Chanarcllle and kindred Chilean mines. Their richness running Into the thousands and their ductility extending nearly to assay value, exalted the greed or Interest of nil within hearing. These, together with the misapprehension of their extent, caused by the profuse exhibition on Chloride and Bromide flats. Inflamed the public to a de gree unknown since the birth of Cailfor- nla. Electrified by the prospect of unlimited wealth, multitudes took their tins of march to the new mecra and so great was the hegtra that. Indifferent to sickness or climate, within the first season some 14,000 or 12,000 men had established themselves In huts snd caves 8000 feet above sea leveL Sickness Common. All locomotion was In requisition from to the dashing stage Shank a mare coach, and teams groaned under the burden of sustenance for the pilgrim army. In the midst of ths smallpox, with the thermometer at aero, s carnival Of riot and speculation was Inaugurated. Mines, land, wood and water were claimed; towns were built; lots roes to thousands; mining claims, good, bad and indifferent, were bought and sold at fabulous , prices." And this boom period continued for several years, until It was estimated that the district had a population of $0,000, but after a few years the richest or bodies were worked out and the camp qntered a period of decline, which culminated In the demonetization of stiver But during the years in the seventies. of its prosperity It Is claimed that Hamilton produced more wealth than any other camp In the state In the tame the output of sillength of time, and-I- n ver was second only to that of Virginia . , City. It Is said that there were at leaat s besides number of smelttwenty mllla, ers, in operation In the camp, and that the six lines of stage coaches plying between the camp and the railroad were taxed to capacity to haul out the bullion. There seema to have been no record kept of the production et the camp during those days, but It Is generally conceded that Treasure HH1 alone proe duced $40,000,004. Rejuvenation Planned. While no work hae been done n Treasure Hill properties for e number of years, there Is reason to believe that there still exist lsrga bodies of ore of good grade In some of the virgin properties adjoining the old producers. About two years ago these properties were taken over bv Senator Kent Kellar snd associates. While but little work has been dong slqce that time, it Is the announced Intention of the new owners to inaugurate a campaign of development In the near future, which will include the eyanlda-tlo- n of thousands of tons of tailings from the old milling plants at Eberhardt The company, which was organised last summtr to take over the Ward properties, Including seventeen claims adjoining the Eberhardt group on Treasure Hill, Is now engaged In th development of Its mines The property Is under the management of H. Z. Peters of Tonormh, an engineer of much experience. The company, which recently made final payment on the purchase seem of to be well fithe mines, price nanced. Th company has recently Installed an sir compressor snd hoisting plant, and Is putting It camp In shape to accommodate a fore of men on th mountain during th entire winter. These properties, although quit extensively developed during the early davs of ths district and productive of considerable or which was treated at local mills, have yet a large tonnage of second-claor on the dump which can b treated at a profit by a local mill at th present time ( Rose & Company 50 Broad St. New York Eureka-Hamtlt- OIL STOCK- SAre They A Good Buy in This Market? Holders of oil stocks, and prospective buyers of such securities will want to read the survey of the oil industry which appears in the Investment'. current number of It will give yon an insight into fun- ss damental conditions underlying this industry, and help you to decide what your attitude should be toward the oil stocks you now hold or contemplate buying. Many Leasers Shipping. Marks, Ott and Dlstmnn. who are leasing on the RoccO Homestake, have 200 tone of ore ready to ship. Wilson and Mark, who are also leasing on the same property, have loo tons ready to ship. Ths Ns Plus Ultra property. Owned by the Bambergers of Salt Lake9 which la well developed and has a large tonnage J ore in sight, owing to the low price ef metals, la not shipping st the present time. Carl Muir snd James Rex, who own the Nevada mine, near the northern end ef the district snd have been shipping ore for some time past, still have 100 tons on the dump. This property, which has been a ateady ahlpper.for several year la one of the 'best producers In the camp. Julius and Charles Minolettl are taking out good ore from their Rome min at the west base of Treasure hid. E. F. Mitchell has secured a lease on the Grand Prise group, which Is well opened up snd In physical condition to output a large tonnage of shipping ore. P. J. Gallagher and J. E Johnson, well known mining men, have by purchase and location secured a valuable group of claims adjoining the Bamberger estate on ths north. Already they have done considerable work on these claims. Last ysar they shipped two cars of ore from theee mine which averaged $7$ per ton. They also have a group of claims on the west side of the range near the old camp of Monte Cristo, from which they are taking ore worth $7$ per ton- L. A. Kelly hae a group of claims ad joining the old King milt upon which s large amount of work was done during the early days, and from which much ore wae shipped at that time. He has a large amount of jigging ore left on the dumps which can now be worked at a profit. L. B. Young and Ed MeEIlln are - In charge of the MeEIlln mines, which have a record production of a quarter million dollara Owing to the death of the owner these mines have not been operated for several years. Messrs Young and MeEIlln are confining their effort to the development of the property at the present time Nicholson and English, wbe recently secured a lease on the dumps of the property, have Installed a Jigging with a dally capacity of sixteen plant tons. Th Jennie A mine In the northern end of the district, which wae a famous producer In early days, Is under lease and bond to William Harwood and Judge McDonald of Ely. This mine Is producing much ore of a shipping Johnson and W'illiams, who have grade. a lease on th Petarson mine are shipping ore. Me-Ell- in Status of Red Meted Industry Is Reviewed Out of dose to fifty leading copper companies, only eight are now producing. The rest have closed mine and smelters, discharged all smployeet, except those necessary In the care and guarding of property, and are waiting the time when demand again shall have brought surplus Stocks of the red metal down to normal. Although surplus stocks of copper have been drawn down, aya the Boston New Bureau, through shutting off of production and capacity operation at the refineries. refined metal is still In supply. wBaleg In the past three nr four month have in no sense measured up to refined "production, and since th first of July even that small demand both for domestic and export account haa disappeared. But although mines snd smelters are closed down, the wages of those remaining on the par roll, have not been reduced in proportion. Anaconda, that during the height of the war demands produced 307,000,000 pounds of copper with s complement of 18 000 men, now employs 2800and Is producing no copper, and the current wage Is $4 50 daily, against $5.76 per day during the war. Calumet A Arlsona Is today paying almost $5 per day against $5 73 during th war; Inspiration la paying $4 75 now compared with $5 4$. Of course, those empay roll ployees now remaining on tho consist mostly of skilled labor- - men who form tho nucleua of the organization, while the war wag was ths average for th whole camp. Miami l today th only producer opercaper I tv. It is now producating atthenear rat of 45,000.000 pounds of coping at and emplovlng 1000 worker. per a year wa During th war It maximum output about 58.500,000 pounds with 1500 men. wag was $6 15 dally The maximum against a current rate of $4 50. top-hea- SAN FXANOIfCO K2NIN0 STOCKS. (A, B. ported by J. A Hogle 6 (ft 1 boea prated, and will ha teat free epoa request aeloag as the supply laeta. A fori) Oil naaiktraflmaatmaxt." high-grad- &. CO. KRIEBELBankart invaatmant 137 Setrtb Is Sails St. Chicaga Milwaukee Kaneee City IndleaepoUs Cleveland Detroit Rockford Cincinnati 8t. Louie ot Eureka-Hamllto- WE WILL BUY Sugar com. 199 Amalgamated 10 Con. Wagon 2000 Lynn Big Six 100 Utah-Idah- o 10 Utah Powar 20 Z. C. M. I ....Market 8 50 80 00 Light.... 109 00 Sugar A WE WILL SELL 20 Amslg. Sugar pfd 2000 Arlsona Wyo. oil 6900 Bellerophon . 6 Con. Wagon 400 Fire Side Coal 1000 Lynn. Big Six 10 Mutual Creamery 1000 Montana Bingham 60 Pan Motor 2000 Pope Phenon free-mst- ........ .......... ............. ....... 100 0 1000 1000 C t 20 Utah-ldah- Sugar o Utah State Nat. Uinta Oil A Exp Utah Csllf. Oil Z C. M I 1 80 83 00 Bk... 70 00 03 02 $7 00 21 04 75 .03 . 150 05 $ 80 00 074 10 ...110 00 Zlons Raving Bank..,,. Utah Power & Light 188 oo 82 50 RALPH BADGER & COrPAHY Ralph Badger r 16 West 2d South Theodore Nystrom Was. 3330 At Ophlr, a a result of the operation of the Ophlr Hill Silver Mining company, fissures which have been producing millions of dollars In th older properties of the ramp are being explored In virgin territory. Importance la attached to thla work by company official, for If th theories of the management concerning the geology of th district are correct, a large territory will be opened up and th total amount of wealth produced by thla historic camp greatly Increased. The history of the camp of Ophlr date back aa far aa 1865, when the rich mineralisation common to the district ws first discovered. Treasure Hill, tn East canyon, had long been a sacred spot where the Indian gathered each year t hold council and obtain mewl for bullet Soldiers of General Conner' com mknd, attracted bjr these legends, lo cated a cropping lead ore at the Et. Louis lode, now known as the Hidden Treasure mine. Very little work was done on th locations until In 1870. when the excitement caused by discoveries of rich ore In th Little Cottonwood district stimulated In the summer of this year prospecting the town of Ophlr was laid out and a new mining district organized. t Special in Development of rich or bodies waa followed by the" building of milling and smelting plants fox the treatment of th mineral mined. The principal metal was silver, millions of dollars of which wsa mined from superficial workings on Ophlr and on Lion hills As the ors mined near the surface consisted mainly pf silver chlorides and bromide, when not rich enough to ahlp direct to th smelter. It could be concentrated by the amalgamation process Exactly how many millions of dollar of ore were produced bv the mines of th district will, never be known, aa In the eaily day of the camp accurate record of production were not kept Production of the camp is variously estimated a between $36,000,000 and $50,000,000. The main feature of the geology tn th Ophlr Hill district is the association of its mineralization with certain limestone bed and fissure systems. In the Ophlr H1U mine a series of fissures striking a little east of north, which cut the sedimentary rocks nearly at right angles to the angles of th bedding, seem to be th principal aources of mineralisation. Four systems of replacement deposits have fissure been developed adlacent to the in each of the five Umeatone bed of this property. district No. 2, which consist of the territory tributary to th government railroad from Beward to Fairbanks Thla area Includes th Nenajta lignite field. consist District $ of interior Alaska, comprising the Yukon end Tanan basin. Thla district ha been aaalgned to K. T. Sparks, assistant mining engineer. District 4 Is the Seward peninsula. No assignment of an engineer for this district he been mad as yet. It Is believed, however, that th beet way to assist the mining Industry In this district Ilea In th development of a practical and economic method of cold water thawing. Charles Jenin, consulting engineer of th bureau, la now compiling and studying th results of experiments made by various companies, preparatory to Investigation by the bureau. Cooperation will be arranged and main tatned to th greatest possible extent with the field forces In Alaska of th Ore Lies on Beds. United State geological aurvey, through or beds, say Colonel Alfred H. Brooke, and with the The thickness of th government, through th govprofessional paper No. Ill of the geologi- territorial and territorial mine Inspector of cal aurvey, varies from five to twenty ernor Alaska. Th geological survey leys stress evfeet In width. These strata are not upon the study and correlation of Alaserywhere distinct, for at aom points the kan geolory, whereas the work ef th Top and Big veins and the Blue and Cop- bureau of mines will emphasize service per veins arq mined together. The maxi- to th miners. Geology will be considmum distance from the fissures to which ered by th bureau's engineers only In the limestone has been replaced by or Its relation to and for that purpose ores, extenI most Th feet. minerals forty the survey reports wlU be emphasised sive deposits are associated with th to e as as possible. Th degree, east-welarge faults, the limestone adjacent force will largely supplement to which appears to have been crushed bureau's the of work min the territorial Inspecand thus rendered more permeable and tor and will endeavor to make annually a to replacement. susceptible th complete Inspection and raport of all The north-Sout- h fissures, say survey report, carry no deposits of value. mine and prospects. At the ore horizons they commonly conCOTTOWe tain ore from the thickness of a knife NKW YORK, July t9 Coftm future blade to two or three inches, but except tM4y; Odotwr, 12 86c; for thla they are said to be nearly barpreember, 11 06c: ren. Even this ore appears to bo distinct January. 13 Me; March, 18 S2o. (ottoi apot, quiet; middling, Itftfo. from tho bed ore, for it is separated from Cotton latum doMt ateady; Ottobir 12 We; the beds by distinct walls and carries a Dcrambcr, 18 (He; March. , Es ' lead-silv- 1 TN all situations which have arisen during the 62 years of its existence, this bank" has ' been- both WILLING and ABLE to take care of the legitimate requirements of its customers. A Walker Brothers Bankers Oldest and Largest Intermountain Bank st much higher percentage of copper and 18 340, May, 18.48a. Janaary, zinc. Th property of the Ophlr Silver Mining company, consisting, of $00 acres, He on the outskirts of the developed area of WE HAVE CLIENTS WHO Ophlr hill and also, so far as la knows WILL TRADE AS FOLLOWS from reports mad by engineers to the company, on a much higher geological Subject to Market Changes and Prior horizon However, the existence of at Sales and Purchase least four strong fissures, which th I OIL management and company engineers be Iieve to be undoubtedly the same ones which have been responsible for the ore g .02 .. bodies in the central part of the district, 01 Bear River O A D give the property unusual interest and . g . . 60 merit. -, Offer Big Six Oil Well Mineralized. Fissures .14 Big Indian The fissures, where exposed on the sur- Capital Fetroleu Garber Cushing face, are strongly mineralized. In fact, Crescent according to the report of F. C. Wlch-ma- Enbar OilEagle Salt Lake mining engineer, who haa JO Fargo Oil had years of experience at Ophlr, ona of larnham .22 Dome Pet these fissures on the Ophlr Hill Silver Frar.t Corp property haa th Gnetaveson . . Mining company's strongest mineralized outcrop to be seen Invader Corp any place In the district. After a study of reports of engineer Jewel . ...... Kinney . ... upon the geology of the company's prop- Lincoln Idaho erty, Guy R. La Coste, president and McGerry-Hedg- e . manager, la of the opinion that, in add! .. Out West tlon to the probability of .finding rich . mineralization In the fissure, aa haa been Owerwood Oil (I demonstrated by recent developments la Sunset Tcxaa Junior th main tunnel level, the productivity Uinta 11 ....Bid of the Hidden Treasure and other Urado Oil A Exp known limestones of the dla Utah-COil Product lie at depth should be great trlrt which Oil Furthermore, the management contends Utah Con Dome OH 064 that, although tn the older propertle of Virgin Western Oil Field .18 the district the Hidden Treasure beds Weatern 27 States are the highest stratlgraphically found . . . . productive of large ore bodies, there is ne Wepco 1 reason to behave that the lime strata Wind River .18 lying on a higher horizon ahouid not he Y Oil A Gaa as productive. In support of thla conten MINING cites the pro American Leasing tlon, the management ,',J5 ductlvlty of several of the Tlntlc prop- American Con Mine 05 erties where Immense bodies of ore have Bellerophon . 00 been taken from a formation 1000 feet Bingham Ttoele above the formation that corresponds to Bristol Sliver ............Offer the Hidden Treasure Bingham, also, Creole Copper according to Mr La Coste, It producing Fast Standard Its ore from limestone and quartzites Etta May . feet higher several thousand Eureka .08 As most of the ore bodies Glenallen Metallurgical 04 in Ophir have been productive from th Grater CobMining eg grass roots, very little exploration work, Globe Con based upon pure geology, has been under- Kmimel 011$ Mining taken; consequently, the higher strata Lou.se Mining 034 may have great possihilitlea Montana-Bingha074 Little May .08 Data Geological Sought. 04 Lynn Big Six Work of the Ophir Hill Silver Minim North Beck company has been done with tbe idea ol Selma Mines determining the geology of this virgin ter. Spruce Monarch ... rltorv Enough work haa been done up Rimset Mining .... to date to prove the fact that the for- Three Kings mation, near the surface In a limestone Tit tlo Davis strata not any too soluble. Is highly Tlntlc Paymaster .. mineralized ilu the main tunnel, where Vipont Silver jo moat of the 'work up to date haa been INDUSTRIAL done, six feet of quartz which, ac.02 cording to compaby engineers, carries Baker Steam Motor on the average forty ounces of sti- Beclgrowers' Sugar ......118 ver to the ton. has been opened up tn John T Clark Tire Fireside Coal Buckhorn fissure No. 2. When this show.0$ ing ha been more thoroughly developed Gen Red A Chera And other fissures opened up, th man- Gunnison Valley , Co Mab to Mnf the formation explore plans agement at depth. Hooper Sugar Depth work can be done economically, Kimball & Richards for the nature of the topography Is such Mutual Creamery that, by tunneling no conatderabl dia. Piuple's Sugar tance. desired objectives can be reached Pan Motor .. Roads to ths various Elver lie Products .18 at great depth 70 tunnel sites can be constructed at a rea- 17 8 Fuel o sonable cost. Water and timber adeSugar ........1.25 and domestic rise can Utah Imp A Vehicle ... quate for mining easilv be secured upon th company a Utah Utah Natural Product . , property. Utah "Wholesale Grocery . GOVERNMENT RONDS. Vktor Motor A Clutch Western, Livestock Loan .. .. (As Reported hr J A Hnele A Cs.l Western States Machinery .. Stock aold on margin, monthly payments and buyer and seller sixty days. Can handle any stock In any market. If ua for your etock la pot quoted, writ quotations. 0.' S. GODDARD . LOBBY ATLAS BLOCK Phone Was. Balt Laka City, Utah ..... Arizona-Wyomin- Boetcn-Wyomtn- n. ...... ...... al ft Your Investment Problem Whether it be a few hundred dollars, saved from years of toil, or many thousands of dollars, administered in trust, your Investment should have the care and judgment which a strong and experienced bond house can bring to bear. Individual judgment, based on casual experience, may prove costly. You are invited to discuss with us your particular investment problem,, with the assurance that your interests will be our first consideration. Our "business can continue to be successful on that basis only. . PALMER Band t? Mortgige Co, Walker Bank Building;. 411-1- 6 Phone Wasatch 6888. ..... Utah-Idah- From this belt ores have been shipped for many year, ranging 70 60 lead cent to from and carrying per stiver values from 46 to 70 ounces. A number of .properties along this belt which have been quit extensively deCHICAGO PRODUCE. veloped show considerable reserve bodies CHICAGO in - 23. Butter No session, Reof ore that cannot be shipped at th 453 11 tubs. present time, owing to th excessive cost ceipts. Ne session Rscetpts 7702 ets-- s. of freight rates However, these ores Alive. lower; fowls, 24c; broilers, could be treated locally at a handsome 22 Poultry G 30c. profit. The croppings along the KANSAS CITY PRODUCE. continuous for long belt nr generally KANSAS CITY. July 23. Butter, eggs' sad thousand poultry, unengaged. distances, sometimes several Goociv lnre Milling Plants Built. ...... Mineralization Intense. L in time of need Tbe TrIbuM. ..... er ; j. Friend WASHINGTON, D. C.. July 21 With the purpose of fottetng a more rapid and better development of th mining Industry In Alaska, th United Steles bureau of mine I reorganising its, work In that territory. D. A. Lyon, supervisor of stations, and George B. Rice, chief mining now in engineer for the bureau, sir Alaska on a tour of inspection to determine in what manner the bureau of mine can best assist th territory's mining Industry. It la proposed to divide the territory Into four umtrioiz, each being tn direct charge of a bureau of mine engineer. For the purpoee of proper correlation of the work, especially as to keeping it main purpoee tn view and providing service for particular mining camp which may be Isolated or lie on the border between two districts, a supervising mining engineer will be In general charge of the four district engineers Owing to lack of funds on bf the district engineers will for th present discharge the duty of supervision. Tbe bureau of mines' experiment station at Fairbanks will be continued aa a headquarter and clearing house for district engineer District 1 haa been assigned to Bert W. Dyer, who will also continue to discharge his duties of federal min tor of Alaska. This district embiace the south coast, Including th Matanuska, Kenel and Bering river coal field th Copper river basin end, for th preaont, th Katalla oil field and southeastern Alaska The special duty of this district engineer will be In connection with coal, copper and lode gold. J A. Davis will continue to serve et superintendent of the Fairbanks station and, In addition, will be In charge ol .......... al lead-silv- A the Territory. ...... - lead-silv- Work Millions Being Explored. v. Pocatello group, a tunnel ha been driven on the vein for a distance of $20 feet Good milling ore shows for th e entire distance. Considerable or In bedded planes and lenses, running from 66 to 100 ounces, which can be shipped at a profit, has been found. The company has also done considerable work on th Argutle, Mahogany and Mammoth claims, which show large bodies oi milling ore of good grade. These propertlee will be operated later tunnel of th old through the 4000-foEberhardt company, and through which a depth of from cut leads at be the wJl n 400 to 500 feet. The Is the only company actively operating on the silver belt of the district. It hat a property of exceptional merit, which was not worked out. in the old days snd which wilt no doubt become a heavy producer after th company has developed Its mines and erected its milling plant. On th western slop of Treasure hill, In a stratum several hundred feet below the geological horiaon of the belt, occur s series of veins or deposit extending north snd south for a distance of several miles, in which copper, lead and- ellier area abound, and which Is belt generally known as th of the district. On th 4 8ETTEI SERVICE er Pocatello Tunnel Started. A limited aamber of axWa copies have - Formation Adjoining - That Bureau of Mines Officials to ' Reorganize Which Ha ' Produced Plan single-hande- -- f Fu- feat, and so far as explored have been found continuous in depth, which at the Rocco Homestake is about 400 feet.-O- n the southern end of the belt the first property of Importance is that of Bam Cecroft, Including three claims. Mr. Cocraft, who has been workd on bis property for seving in on the eral years now has a tunnel Beatrice e distance of 100 - feet, which shows good ore for a distance of sixty feet. A breast of ore haa been opened up at the face ofqthe tunnel six or seven feet wide running from 30to 40 per cent In both copper and lead and thirty ounces in silver, making a total of better than $100 in value. Ed Wilson snd Ole Johnson own ths Grand Valley group adjoining the Cocroft claims on the north snd West. Last year they shipped a considerable tonnage. At the present time two trucks are hauling ore fronq their bins to the railroad at Kimberly. - Recent has development brought In s new class of ore carrying high values in eopper as well as lead and sliver. . lead-silv- - IE- Sand-Grav- el ...... 2253-225- 4 Efficiency Every department here is itself so thoroughly effi- cient and so well coordinated with all other de- partments that the utmost satisfaction to dll depositors is a certainty. Superior service is always an outstanding characteristic of the bank. Ji The National Ctiv Bank At TRIBUNE No. 228 WANT Xh Only Bank on State Street ADVERTISEMENTS BRING ' RESULTS |