Show 1 mining matters I 1 1 1 2 r ayk RICAN FLAG ANNL tl 1 tile american flog flag stockholders asem assembled bled in this city tuesday for their annual meeting and transacted the business coming coining before it oer shares of stock were ere represented benl enl d in person and by proxy at the s meeting the officers elected were geo it of suit stilt lake president and treasurer W M curtis 01 of I 1 this S c city it y vice president find and superintendent ten dent L E 13 palmer secretary these with goo P 1 holman of salt L lake ke geo 0 brooks of scranton Bc ranton pa nud and jno 11 keene of chicago forming the board of directors all of with the cs caption of mr holman were in in litten attendance at the meeting president of the company a THE RECORD a pless bant visit while in this city but stated staled that ile be had no information to gio out concerning the iho condition condl lion of the mine we iva hao hac it from reliable source hoac however er that the property is at this time little short of a wonder in point of ores exposed stilt and with depth m velch aich owing to water cannot at present be obtained there is scarcely any limit to its probabilities regular shipments are arc made from the property properly and the treasury la Is overflowing the of abla company is particularly ticul arly anxious for felt tile the opening of tile the drain tunnel as it will mean the carrying off the water w which now interferes with ith their operation to a great extent the faith of the directors ir in the iho astle JIL In of W M curtla or is ia tea to by ilia hla being reelected elected re to that position THE ONTARIO DRAIN president J E bomberger in stilt salt liiko lake has issued a statement which shows that the management of the daly west ontario company feels encouraged cou raged with the progress being made la in the work of un watering tho the ontario and getting the tunnel open the water in no 3 Is now sixty five feet bolow below the I 1 1100 too foot level and is going down clown slowly but surely all tho the time A diamond drill is tiow pounding it away sy towards a cross cut drift about feet ahead of the w m point between nos 2 and 3 8 and if us expected water 1 Is found to flow from there dundei presure it will bo be drained oil through drill holes indications for the opening of the big drain are arc very cry at present and in alt all probability babi lity Par kites will not have to wait touch much longer for ihu great londs loadstone tono to be lifted from the camp A VOICE I 1 ROM FROM THE EAST T B many formerly of utah one of TUB RECORDS KE CORDa eastern subscribers who he is more or less interested in many of the properties of this camp and who keeps well posted on what Is going on in the utah mining world writes us as follows cleveland 0 aug 29 1907 gentlemen please sent me by mail at once one doben papers of last saturdays edition with the account of the american fork canyon trip la in it As I 1 ahme said for a number of if years the people of utah will mill realize someday some day when it Is too late the alue of mining terms claims in american fork canyon it is id a poor floor mans camp as far as the carbonates go there Is not a shaft in the whole camp the mining is all done on tho the gop hering herbig order tunnels run into the hill about feet and great kidneys of carbonate oro ore found the miller mine took out millions tills way in tile iola also the dutchman mine took out over one million the dutchman Isnow Is now running a into the hill and Is 14 in 1100 feet boo feet of this tunnel is in ore mostly sulphides sulp hides which lay jay under the carbonates when in a I 1 1100 too feet they will go to the surfaces surface wh which ich haw ib feet aboe this ground being above tho sulphides sulp hides m will III carry carbonates the wyoming claim which Is the property properly of the miller ell no m as leased by bytho the tangs three years ago and they have shipped oi ner er worth of ore to the market and no place in the mine or of prospect is feet deep the surprise prospect lies has a large amount of ore exposed and Is 18 in only two hundred feet from the surface the ta in american r fork ork cada cannon on v m ill III ship nhip a half million dollars worth of ore to murkel market this ibin summer and there aro are a hundred claims if de developed eloped just ns as good as those this ore which can bo purchased or leased for foi a small email amount or loyalty loyally the american fork canyon will produce millions in lathe the near future if de developed eloped by utah people instead of their chasing tho the gold 11 will 0 tho the wisps in nevada TRUTH ABOUT THE KING A statement appearing the tribune this week regarding the lue silver king coalition mines company compan contains the following in spite of the fact that ilo ilia matter hns has been explained on more than one previous oua occasions occasion eastern circles leq keep maintaining that there are arc no 0 negotiations on an between F augustus heinle and the owners of the tiller king coalition mines company con control troll it to la true that there are no present negotiations i on between beaw cen those thos interests nor ahna the infancy market during the past few months been so no strikingly ideal to encourage events ge large Is 90 d deals eals lii in the mining or any other ludum lu justry lit la Is true however ho mever that mr art has baa purchased I 1 a onu interest in the silver and has paid hla his money for the same senator lot kearns recently stated to the T tribune that as as far as the owners 0 nars of tile the majority 1311 er king stock block were co concerned neer ned theril there CO could old bo be no lent deal for tho he property properly unless the scope lot the deal included the whole organization tation and not the mere control theares the arcs cut cot organization Is 10 losing ing its plans for or a greater and more useful era of production and di dividend idena distribution the capacity of them all Is being greatly increased while llie extent and quality of the ores slow now being encountered hot bolh are arc of the niobe gratifying ing character to those lit at tho the helm the best history liin tory for the noted old name of sli silca cc king lu is right now in pro greba aa of a and nd it will be the most satisfactory ever created by tills same fiame number or interests camp Cross croscut crosscuts cuts I 1 N will 11 rhodaa came up from tile tho city i tuesday for ura a busy blatt lull MAX bamberger dork clerk at the little bell returned tuesday from salt sail lako lake where he had been Niti billing ting for bc beneral oral doys days gordon Mets lillan shift boss at the west returned tuesday from a brief lint in salt luke the directors of the daly mining company lime base posted the usual quarterly of or GW ft bunro for payment on the lath to stockholders of record on tho the 1011 recent development ut at the iowa copper property properly haie hae been of most encouraging und uil character A nice barcak or of good looking ore recently cenal y encountered gi give ve ind indications I 1 cat ons lending leading to boni ething big and good la in the y near future ORE king daly west 1 daly judge little bell clegg con total to days follow ing big are today to day daya ts quotations lead alive and purk park city mines on the ibo suit salt lake my city mining Ex chanc chime by courtes 3 of first national bank of th city BID ASKED daly 1 daly judge 8 6 oil 6 CO 60 ontario 3 oil 00 4 ho 60 60 cr king 26 2000 00 wabash 12 15 daiv NV went est 15 1 y 75 newyork wa 17 bell 2 76 |