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Show 6 INTER-MOUNTAI- and the leasors left the properties in such shape that immediate production was impossible. Then the wildcat mining: stock boom has diverted to the stock exchanges money that would have otherwise been expended in developing: prospects. Speculators have discovered that there is easier money to be made in selling: worthless stocks than in buying: and opening: up new properties. The capitalization of many million-dollcompanies is based upon claims located miles from the mineral belt, in an unbroken sea of granite, where there is not one chance in ten million of striking: an ore body. There is more distress and more destitution in the town of Cripple Creek than in any other city of similar size in the United States. There is no work for half the miners who have been attracted to the camp, and the appalling: death rate from pneumonia Is largely due to the weak physical condition to which the men have teen reduced by starvation and exposure. Of course the present adverse conditions will soon be removed, and if they result In checking: the wild frenzy of the speculators and removing: some of the evils of the boom, Cripple Creeks pathway to a permanent and stable prosperity will be cleared. Mr. Thomas W. Goad, manager of the Gold and Silver Extraction Company of America, was in the city during the week. This is the company that paid Tabor $125,000 for the American rights to the McArthur-Forre- st cyanide process and exacts a from all the Camp Floyd mills. royalty Mr. Goad states that it is his intention to inaugurate an aggressive campaign in this field, and the first step on the programme would be the erection of a custom mill of large capacity in the Camp Floyd district. The company also intends to acquire and develop some mines in this district. The royalty exacted by the company is based upon the net profit, and is about 5 per cent, with a maximum of 75 cents per ar ex-Sena- tor ton. In conversation with a representative of the Mining Review, Capt. De Lamar stated that it had been definitely decided to erect a large plant on the Golden Gate mine at Mercur. The crushing capacity will be 500 tons, and this will cover two plants, to treat the arsenical and thedesigned oxydized ores, respectively. The leaching ca-- . pacity of the plant for the treatment of the oxydized ores had not been determined, the tonnage of such ores available not having been closely estimated. The arsenical sulphides could be handled by roasting, but the Captain apparently favored what he termed the distillation process. He exhibited a bottle, containing perhaps half a pound of powdered arsenic, produced by distillation from the Golden Gate ores and worth in New York 8 cents per pound. As the ores carry 6 to 8 per cent arsenic, its value as a will cut an important figure. In the distillation process the air is excluded and the arsenic is forced out of the ore in the form of fumes, passing to another receptacle, where it is precipitated. The operation requires but twenty minutes, and the only question remaining to be determined is that of cost. Ores thus treated, the Captain claims, yield most readily to the cyanide process, and he would be able to save above 90 per cent of the values. Speaking of the future of Mercur, he expressed the belief that the district possessed the foundation for a greater camp than Cripple Creek, and just as soon as it could show two or three more dividend-payer- s it would attract an abundance of Eastern capital. The Camp Floyd district required plants of large capacity. There is little money to be made in handling low-graores on a small scale. MINING REVIEW. N nining and Metallurgical Patents. SALT LAKE NUGGETS. II. Peery, Jr., of Ogden, has established himself in the brokerage and investment business in this city. Colorado has a mining camp named after General Passenger Agent Wadleigh of the Rio Grande Western. W. E. Ladd, of the brokerage firm of Senior & Ladd, has gone to Colorado and a party of investors will return with him. Hon. Thomas G. Merrill, treasurer of the American Bimetallic union, has decided to change his residence from Helena to Salt Lake City. Some individual is soliciting advertising patronage in this city upon the representation that whatever it is he proposes to publish has been indorsed by the Salt Lake Stock Exchange, and is to be published under its auspices. No such indorsement has been given any publication, and advertisers should beware of such frauds. A company will shortly be organized In this city for the purpose of engaging in the manufacture of cyanide of potassium. The Johnson furnace of be used and it is claimed that the article can be manufactured for much less than 40 cents per pound, the price now paid. The adoption of the cyanide process of ore treatment has created a big market for cyanide of potassium in this region. The Mercur Gold Mining Syndicate and Development company, whose announcement appears elsewhere in this issue! was incorporated during the week with a capital stock of $6,000,000. It is the intention of the incorporators, in addition to developing the claims now owned by the company, to acquire bonds and leases on other properties, develop the same and, if values are demonstrated, place them with Eastern capital. Mr. A. W. Perego is president of the company, and the main office is located at Mercur, with branches at Chicago, New York and London. Col. R. A. Hawkins and Dr. W. W. Johnson of Helena and Howard Carpenter of Ogden have removed to this city and established the Utah Mining Bureau. They will engage in the purchase and sale of mining properties, attend to the incorporation of panies and conduct a general investment business, Col. Hawkins, who is general manager of the bureau, has been handling Western mining properties for thirty-on- e years, while Dr. Johnson, manager of the field work, has been engaged in mining in Montana. and is one of the purchasers of the South Geyser at Mercur. Mr. Carpenter will have charge of the law deD. partment. List of patents relating to mining, issued March 3, 1896. Reported for the Mining Review by J. F. Corker, patent solicitor, office 311 and 312 Atlas block, Salt Lake City, Utah. Copies furnished for 25 cents each. No. 555,546. for sepmetals. H. H. Whitacre and arating A. C. Wolfe, Wellsville, O. In a magnetic separator, the combination of a series of magnets radically disposed about and parallel with a central axis of the separator, radially disposed intermediate pieces connecting said core extensions and said series of magnets, a coil surrounding the core extensions and abutting against the radial intermediate pieces, a hermetic jacket enclosing the coil, a handle secured to the core extensions, and projecting axially beyond the coil and the magnets, and wires leading from the end of the handle. No. 555,762. Amalgamator. Seth Dunn, Monticello, Utah. An amalgamator comprising a frame made in the form of a casing, having a hinged top and a hinged rear end, a hopper on one end of said frame having a cover provided with a chute, a in said hopper, oppositely inclined chutes for receiving material e from the hopper, a adapted to swing, and mechanism having connection with the for moving the An amalgamator comprising an inclined frame, having a hopper at its upper end, the said hopper comprising a cover having a chute for the entrance of material, a bucket-wThein said to deliver in material hopper, adapted measured quantities, an inclined chute for receiving material from the chute and inclined in an oppcn site direction thereto, a Electro-magn-et hand-manipulat- ed feed-whe- el rifle-fram- feed-whe- el riffle-fram- e. el first-nam- ed riffle-fram- e, connections betwreen the riffle-fram- e and the wheel w'hereby shaking motion is imparted to the frame from the wheel and riffles in the frame. No. 555,792. Method of and apparatus for magnetic separation. J. P. Wetherill, South Bethlehem, Pa. A magnetic separator comprising a frame, tapering pole pieces mounted therein and adjustable towrard and from each other, endless conveyors passing over and around the tapering ends of the hoppers having feed rollers in their outlets for feeding in a layer the material to be separated, chutes for delivering the- material to the conveyers, and separate receptacles for the tailings and separated magnetic particles, the upper portion of the tailings receptacle being provided with adjustable wings or leaves to deflect the separated magnetic particles into their receptacles. No. 555,793. Separation of franklynite ore and metallurgy thereof. J. P. Wetherill, South Bethlehem, Pa. The improvement in the metallurgy of franklynite ores, which consists in pole-piece- s, - . One of the Acme amalgamating machines, the invention of W. F. Mitchell, has been upon exhibition in this city for some days and has attracted considerable attention. This is the recently mentioned by the Min- separating franklynite and troosite ing Review as having solved the prob- from the zinc ores of the native ores lem of saving the fine gold on the Colorado river. Two of the machines are by passing the mixture through a highmagnetic field, and then being used on the California bar and ly condensed converting the separated products into another has been sent to Arizona. their ultimate metallurgical products. No. 555,794. Magnetic separator. The citizens committee of Bingham Wetherill, South Bethlehem, Pa. The combination with an has issued an invitation to those deabove and siring to contribute to the fund for in nearof an electroto magnet conveying-sur-facits proximity advertising the resources of the West said magnet having its pole-piecMountain district in the manner set transversed to the direction of movedeforth in last weeks Review. It would ment of the ore, said pole-piecbe a wise and commendable act on the creasing in thickness from the cores toward each other, wliereby part of the Salt Lake Stock and Mining outwardly a high condensation of the magnetic Exchange or the Chamber of Commerce, field is obtained, and a second conor both, to extend substantial aid to veyer for withdrawing the attracted this project. Bingham is a camp of material from the magnetic field. great mines, and the diffusion of inM. R. Hunt, who has recently arrived formation concerning her properties in this city from Wisconsin, has purchased a diamond drill for use In the will be sufficient to attract the attenIt is of one and tion of capital. Whatever is of- benefit Camp Floyd district. core inch and the caThe Rio Grande Western continues to Bingham, is of benefit to Salt Lake, pacity is 1500 feet. Mr. Hunt, who has to spread the fame of Mercur abroad and the people of this, city will find had long experience with diamond in the land. Passenger Agent Wadleigh has examined the Camp Floyd is carrying advertisements in papers that all money spent in advertising the drills, and thinks he will meet no formation all over the United States, "Old Reliable is wisely, expended. difficulty in. boring .to the deep. bi-prod- ma-cha- ne uct J.-P- . ore-convey- er, e, es es de - one-sixteen- th . |