OCR Text |
Show T R U TH 12 COMMENT. MINING The governing board of the Mining Exchange has taken an important and commendable course in urging that the next legislature enact a law compelling mine owners, whose properties are dealt in by the public on the Exchange and elsewhere, to furnish monthly or quarterly statements of the condition of their properties. It is a good move and shows that the board of governors is in earnest in its expressed desire that the Mining Exchange be run on the square. A law such as that would have prevented the disaster which overtook the mining exchange last year and brought it into disrepute from which it has not yet recovered. By such a regulation the thoroughly disschemes called mines honest wild-cin which the public lost heavily last fall and which brought many legitimate mining enterprises into disrepute, would not have found a place on the board at all. The public would have escaped a skinning and the Exchange and the honest brokers would not have been made catspaws for the benefit of the promoter of oreless mines. Truth was the first to offer the suggestion for the enactment of the law now proposed by the Exchange managers. It still believes it would go a long way towards promoting healthy business on the change. No'honest mine owner need fear it and others should not only be not considered, but should be excluded from the Exchange. at Tonopah Mining company which was presented to the shareholders at the annual meeting on Monday was of a most gratifying character. Mountains of ore have been uncovered running on an average about $40 in gold and 200 ounces in silver. The following were elected directors for the coming year: VV. II. Dickson,. T. E. Bamberger, W.P. O'Meara, J. B. Thompson, A. C. Ellis. Jr. Judge Dickson is president, J. E. Bamberger, vice president, A. C. Ellis, secretary and treasurer. ft ft The Lawton lease, on the Queen of Sheba mines and mift expired Wednesday, after which the company will operate them itself under the management of Charles D. Rookledge. ft ft The Thompson mine at Park City was inspected the early part of the week . ..:- - Tre-wee- . $1,000,000 smelter which will soon adjoining claims to its holdings, makbe put in operation. twelve claims in all. The directors the - Daly-Wes- t, . The fourth of the Bingham Copper An important strike is reported on and Gold Mining companys furnaces the 200 level of the Quincy at Park has been started into operation, mak- City. ft ft ing the capacity up to 800 tons of ore a Very encouraging reports of the conday. y ah ft ft dition of the New and are at hand. G. A. Land, John The report of the Dopp and the Davis brothers, eastern in the company were in stockholders SALT LAKE ICE COMPANY the city en route home from a visit to the properties. Distilled Water ft. ft The Ben Butler of Bingham is shipping ores regular and the property looks well. The last shipment netted LYNCH . a ton. At the end of the month J O. $18 telephone 43. MMiMamm. the company will have $4,000 on hand after paying all liabilities. -- T. . ft .ft ft ft - . as big a mine as the . York-Tonop- by W. S. McCornick, Mayor Thompson and others. The Thompson is expected to develop into one of the big properties of the I'ark. ft ft The new plant at the Tom Boy at ft ft Telluride is nearing completion. ft The Park Valley Gold and Silver of tons that estimated 2,000,000 is It Mining company, which was recently ore from the U. S. Mining companys incorporated with eight claims known properties is waiting to be treated by as the Success group, has added four ft ft Work has been commenced on the ft ft Success group of Park Valley, which ' Another big strike is reported in the was recently incorporated. The stock Centennial Eureka, making the twelfth is selling at 171 cents a share, and is The Success is regarded big channel from which the rich ore sought after. which has made this mine so celebrated as being in the right location to insure is being taken. ah THE LEAMINGTON. CUTOFF. claims lie alongside of the New on the east, companys ground and bu(t on to the- Tonopah City comFew people have any idea of the panys1 territory on the north,ofwhile amount of work the the Oregon Short Lire they are within short range is on the Fraction. doing Leamington cut-olft ft There are eight camps of sub contracThe Qntario has declared a quarterly tors along the grade from Stockton to dividend of 30 cents a share or $45,000 Tintic, each doing its own bit of gradpayable" Dec. 20th. and track laying. It appeared to a ing ft ft representative of Truth who was on k Major W. A. Stanton and Col the ground that the line 'is being laid have just completed an expert in the most substantial and thorough examination of the Big Cottonwood of cost. Weaver CopperTand Gold Mining companys manner regardlessa property at the head of Big Cottonwood Thompson have contract for a mile canyon.'. They declare it one of the and a half and have scrapers and steam biggestcopper propositions in the state. s'lovela removing the earth and making Development work is being pushed cuts and fills. The deepest cut is 55 feet and the largest fill 28 feet high with vigor. and 1,500. feet long. There are three ft ft The Gimini of Tintic is distributing fills and:& an equal number of cuts in Weaver Thompson's section. They a dividehd of $100,000 or $20 a share, over 100 head of horses on the have ft ft ground, and the vicinity is all bu tie A strike of carbonate and Galena ore and life. There are more than a more could has been made in the Snowflake at thousand men at work-anEureka?' The Snowflake is most fa-- . be utilized if they could be obtained. a big' undertaking and is being vorablyJocated and will beyond doubt Its done in the best possible manner. be a big producer. York-Tonop- conr-pan- Salt-Lak- ..ICE.. ft ft Development work on the Wolverine is attended by very satisfactory results, ft ft Salon Spiro, manager of the Little Bell, has made the stockholders happy by announcing that the workings had struck into a body of rich ore. Mr. Spiro and Superintendents McDonald have been expecting the strike for some time and it now appears their judgment was good. The Little Bell will from all indications be one of the big mines of the Park. . ft ft filed arThe Philadelphia-Tonopa- h ticles of incorporation on Wednesday. The new company is capitalized at $750,-00- 0 d of which is in $1 shares, in stock. The treasury represented is with G. A. organized corporation Land as president; Frank J. Davis, vice president and treasurer; Fred L. Davis, secretary, thfese, with Lew I). Davis, Wesley J. Davis and John Dopp, completing the board of directors. It owns the Texas, Nevada, Victoria;and Champion mining claims in the Tonopah district, Nevada, and the development of the ground is now being prosecuted with two shifts of men. The one-thir- ing made a visit to the properties this week and arranged to work double shifts ofmen in sinking the shaft which Alis going down on the contact. though only slight depth has yet been attained, good values in ore prevail. - Price and other towns of Eastern Utah sent the usual number of visitors to conference, most of whom brought home trunks, valises and flour sacks filled with shoddy merchandise palmed at' outrageous prices, all to the detriment of the home merchant. The foregoing paragraph of brilliancy and wisdom was sent out as mental pabulum by a weekly newspaper printed at the town of Price. It may be seriously questioned whether the author of the criticism was well informed as to his subject matter. Salt Lake merchants as a rule are not vendors of shoddy, and neither are their prices outrageous. Successful merchants do not build up their business by fraudulent practices. It is undoubtedly true that if a buyer is in search of shoddy he could find it in Salt Lake, He might also be able to discover outrageous prices if he looked for them. It is safe to say, however, that the reputable merchants of the city took no unfair advantage of their country buyers, for such a policy would be fatal to their success. It is too bad that so many country'1 editors are given to strong off on them The fact that Fred Wey, the wel known hotel man, is to give Salt Lake another first class hotel, does not seem to be generally known. The improvements that are being made to the Harmon hotel have served to conceal the magnitude of the undertaking. Landlord Weys big hotel will be called the Wilson, and it will be first class in every respect. It will have 175 rooms, 85 of them with baths. As the Knutsford has but 145 rooms, the capacity of the new hotel can be estimated. The Kenyon has 302. rooms containing 455 beds, being extraordinarily large for a town the size of Salt Lake. Just at the present time travel is somewhat slack, 50 rooms in the Knutsford being without occupants and 85 in the Kenyon. The completion of the Wilson hotel is of course in anticipation of expanding business which is certain to come. fl!roTmmnroww!M?f?nm?!fmmwYi!fi Hotel Cullen : E Salt Lake City Street Cars from ; 3 E all Trains Pass the Door. S. C. EWING, Prop. EiiiumuAAiHniiuimiiiRiiiiiiimiiiAiiiiJ . drink. A blind beggar with a wheezy phonograph is a familiar figure oh the streets of Salt Lake. Over his breast hangs a card on which is printed the words: Please Hslp; Wife Disabled. The blind beggar is a resident of Ogden. About once every year his disabled wife presents him with another heir as a bold refutation of the announcement that she is not thoroughly qualified. With each addition to the family the wheezy phonograph plays a new tune. It now plays ten tunes in all with the suggestion of another prelude. Flowers for Churchgoers. There is a place of worship in an Eastern city where tiny boquets of flowers are, at the close of every morning jserylce, handed to each lady member df tbe congregation. During service the flowers fieeorate the altar and the pupi. PAAAAlAAAAlAAAAAMmituumm44AiiAHiimi Utah Light & Power Co. f INSTALLATION. LBCTMCAL.1 Salt Lake Salt Lake Water-24- 00 Steam-15.Water-fiOOO- Ogden Leased Plant 3 3 Ogden ? 7 8. 400 H. S H. H.P- Water QAS. Salt Lake..... 00 2000 H. P. MCu. Ft gaily. Ft. MAIN STREET. flOMCu. SALT LAIC CITY. p |