Show i I 1 4 l IA A 4 aio Z I H M I l IS 1 ami A 1 I 1 J f go b ff M in a t I 1 q ai 96 r im I 1 I 1 I 1 laabi lA AAi vt MORK TO BE RESUMED AT THE QUEEN qi ELN ESTHER plans are arc going steadily forba forward rd tor for the resumption ot of development work at the queen esther estber the business affairs ot of the company have been straightened out and superintendent thomas kelly informs the record work will ho be resumed about the rast ot of next month ANDY HURLEY MINING IN BISIN the following Is from duchesne courier of october aj L 0 barnes has located mining claims extending irom from rock creek to yellowstone creek the strip located has hag a width of five claims mr barnes has been prospecting for the past eight years and declares declare the lead to be much stronger than at park city or bingham he stated that the claims are to be diamond drilled next summer the work was done tor for andy hurley of 0 park city it would be n R fine thing tor for the basin it if an extensive mining industry comes into being we have heard much about the minerals to be found here and we trust that this instance of progressive development la Is just beginning I 1 MINING NEWS SCARCE THIS WEEK all the local mining news the record could obtain this week outside the ore shipments from working properties was nothing new just pushing ahead as usual good news tor for you later on pr or words to that effect NEW EW QUINCY POSTS 5 CENT assessment officials of the new quincy mining company tuesday announced an assessment of 6 5 cents a share the second of this size to be levied within the past four months the assessment becomes delinquent on november and the sale on unpaid stock will be held on december this assessment Is in line with the companas comp anys plan of retiring its indebtedness which prior to the last assessment amounted to approximately the first levy brou brought lit the company 71 ao 00 and the current assessment should return the company a like amoun amount indebtedness of the company was incurred by the purchase of the little bell group adjoining the new quincy in the park city lintig area the company is capitalized tor for consisting of shares of which shares are outstanding officers of the company are A L hurley president and general manager alfred frank vice president allen alien T sanford vice president william doidge secre tary treasurer robert lynch thomas 11 sutton and N H jensen directors PAPER DEVOTED TO SILVER BEING PRINTED IN IN Y george W Hazz lewood superintendent of the consolidated cortez mines company was in salt lake city ast last week on business tor for the silver survey of new york city this valuable paper Is being backed by john F coleman ot of coleman new york city randolph P mills a widely known silver authority Is editor copies of the silver survey which la Is doing a valuable educational work on behalf of silver among farmers manufacturers bankers and professional men can be had by writing to mr mills suite 1216 60 new street new york city those wishing to keep informed concerning silver could not do better than getting in touch with the silver survey YOUR INTEREST IN 1 MINING N N N A recent report by the department of commerce well illustrates the tact fact that mining Is essential to american prosperity mineral production in the united states increased per cent between 1899 find and 1925 a record equaled by few other industries mining employs workers and directly or indirectly contributes to the support of of our people the merchantable ore and ana coal handled annually exceeds tons the united states produces 60 per cent of the worlds supply of copper 40 per cent of silver and lead 50 per cent ot of zinc and 20 per cent of gold our world industrial supremacy Is traceable to the abundance of our natural mineral resources and their development under amel Amell lean can initiative facts such as these should be a warning I 1 ng t to 0 those thos a who advocate more r restrictive astric tive legislation and higher taxes for the mining industry we cannot afford to tamper with progress and prosperity A depression in the mining industry Is felt throughout the nation to the detriment of 0 millions ot of our citizens witness present condition ol of western mine production and then work for conditions which will encourage normal mining activity and employment I 1 I 1 PARK KONOLD NEARING GOAL I 1 sinking ot of the park konold shaft in the east park city holdings ot of the international ter smelting smelling Sm elting company Is making steady progress up to the end ol of the week ending october ath progress had bad amounted to 35 feet lor for the week or five feet dally daily on wednesday orders were given for the suspension of activities at the park city holdings of the international smelt ing company until metal prices improved sinking of the park konold shaft had bad rea reached Elied a point where activity could be stopped with the least damage to the property so that advantage was taken of this condition since the company had reduced its forces and the work was being done under contract a large force mill not be thrown out of work the formations are arc said to look decidedly favorable to prospecting in addition to its intense the rock rack Is thoroughly impregnated with iron officials of the company company are not ready to say whether the shaft has entered the objective limestone proved to underlie the irenous flow by churn drilling re ports from the mine on tuesday indicated that the formation was so highly idled that it was not possible to tell whether the rock was sedimentary or igneous tests made by the united states bureau ot of mines intermountain station had not yielded sufficient information to decide the question water flow Is slight the average amount Is gallons a minute which Is not enough to increase expenses greatly development at the park konold is being done for the purpose of exploring the underlying sedimentary at a point never before explored prospecting in the igneous rock has resulted in the opening up of some good ore showings these fissures in the limestone should be the sources of rich and extensive deposition at the victory tunnel the international A I 1 smelting smelling Sm elting company Is crosscutting a limestone that on the surface shows this territory Is also east of the park utah and in T a spot not thoroughly nor systematically prospected previously previous lv salt lake mining S survey october HOW THE MINH WIS discovered LOCATED AND SOLD by annie B sturgeon in salt lake mining review in submitting the accompanying story of the discovery of the ontario silver mine at park city a bon anza that has yielded more ill than an in dividends and now Is a part of the park utah the authoress th oress a resident of los log angeles at lafayette park place insists that credit tor for the original discovery given to one rector steen was incorrect she writes 1 I know rector steen never found the ontario mine and it if he Is still etall living he knows it too with part of the that herman budan received from george hearst tor for the ontario mine he bought a ranch near santa rosa california and there we knew him and mr hearst never forgot him they were george and herman to each other to the end editor herman budan prospector and miner a prussian apressian by birth american by adoption during 1870 and 71 he had mined n e he around the old camps of wa white te pine a and n d blocho and then drifted into utah having I 1 had disastrous results in two cases losing the sale of two claims through his continued on page pour four am mish M ika M I 1 mining matters 12 I 1 1 4 M i continued from page one partners and being down to bedrock bed rock himself lie he ti liuget aught he might as well go through and finish but with tile the pistol in his hand his mood changed and ha be said eald aloud no by god I 1 wont ill try again and he meant it this was in june of 72 1 I think budan made his plans and late that night went to see the storekeeper store keeper to whom he owed a debt telling him that he was going away promising to pay his bill with the first money he earned he also asked him to say nothing about his leaving 1 since budan was known as a lucky locator and would 8 surely rely be e followed jf t it were known the at storekeeper re and around I 1 three re oc c in the morning budan started out the only thing he possessed was a cayuse of which he was quite fond an and cl in order to cross a noisy wooden bridge over a deep gully he muffled the donys feet so that no one would hear him lie he had not gone tar far however alter after crossing the bridge when he heard hoot hoof beats and knew that lie he was being followed ho he drew to one side and waited to see who it was it was the storekeeper store keeper who said he had changed his mind and demanded the pony in payment of the debt they argued awhile but at last with tears on his face budan put the bridle into the mans hand gave the pony a farewell pat and utterly dejected turned away how the rind find was wag made by budan lie he walked on and on swinging his hammer idly as a he went and about nine thirty by the sun run he saw ahead ot of him a peculiar shaped spur some six inches or so above ground and he struck at it carelessly as he went by breaking off a piece A few steps further on he chanced to remember that the bit of rock he had broken off glittered but with a jibe at himself he went on A short distance further and again lie he stopped and again went on but the third time he stopped was different budan was always shyly superstitious about it he said it if some one had put their hands upon his shoulders and turned h him around in his tracks lie he could n not oemia have ve stopped nor turned on his heel more deliberately and as he retraced the twenty five or thirty steps hr he had taken from where he saw the spur there grew in him a grim determination min mi nation atlon to find fand it and this Is how he found it counting his steps he stopped at ab about out the spot where he had seen the spur looked around a bit keeping wit within ain a small radius then picking up a rock he threw it down the hill and watching where it went lie he followed it and looked carefully about until at the end of two hours hard work by the sun he found tile the piece that he had broken off cheered by his find he climbed the hill again to find the out cropping cone of lock from which the peak had been knocked off that took him more than an hour more when to his infinite joy he found it and understood why it glittered tor for it was almost solid silver lie he built his discovery monument posted his location notice in safety and carefully care tully taking his bearings he went on into town hed done some strenuous w I 1 for over r three hours but 1 he forgot it all forgot how tired ho he was and with his last bit jt of cash he filed ills his claim he then hunted up a blacksmith he be knew and an old miner and they returned to the find the men both begged tor for a partnership but budan refused hed had enough of partners they worked for two weeks the vein growing larger and larger the deeper they went news of the discovery spread rapidly and a nd visitors became numerous even from outside points the deal with If heart eart another week of and the need of machinery made itself felt it was then that george hearst father of the present william randolph hearst arrived from rom the comstock to investigate he stayed three days cheerfully all sharing aring bodans blankets bacon and beanland beans bean sand and watching things closely then he asked budan how much he wanted for his claim and when budan said george hearst laughed seventy five thousand dollars tor for three weeks work he said and budan answered no for a silver mine I 1 budan finally sold to george hearst the ontario mine tor for cash and i out of his one third interest in the mine in less than three years time george hearst became a millionaire budan wanted to retain a one quarter interest in the claim but hearst would not consent that is the exact story of the finding of the ontario mine and of the finder P S one proof of the truth of the statement that herman budan alone found the ontario mine is this george i hearst later became senator hearst and i when he be was campaigning for the sena he went to san luls luis obispo on his speaking tour he sent for mr budan hobnobbing hobnob bing with him all day and with hearses He arsts aim across bodans shoulders hundreds of people heard hearst tell of the finding of the ontario mine by herma budan and of what it had done for george hearst not a partner was mentioned no rector steen was even thought of herman hermaa sudan budan slid and he alone received full credit for that find and Is therefore entitled to all the glory that attaches to the bonanza discovery STOCK SALES FOR WEEK FRIDAY east utah 1000 ac Nall driver 1315 20 and new quincy 1700 q 7 and ac park city con park premier ac SATURDAY east utah 2000 q ac new quincy 2500 ac pal paik kP premier ipremier 6 and ac silver king coalition 18 0 6 50 MONDAY new quincy 7 and park city con 1260 palk paik premier so park konold a ac silver king coalition TUESDAY new quincy 6 and ac park premier and ac park konold ac palk paik utah 5 a WEDNESDAY N new e rquincy quincy 61 sa 2 and ac park konold 6 and ac park utah silver king coalition 0 6 50 THURSDAY new quincy a 3 ac park city con 1000 park konold ac park premier 2500 ac SHIPMENTS park utah consolidated silver king coalition park city consolidated park galena total |