Collection of 6 Mining Stock Certificates and 2 Mining Prints Dated from 1850
Collection of 6 Mining Stocks and 2 Mining Prints. NEW YORK BINGHAM MINING CO. UTAH Acquired property and assets of New Utah Bingham Mining Co. 53 Park- Row, New York City. Mine office: Bingham Canyon, Utah. Par; 73,648 shares outstanding, March, 1920. Bonds: of old company outstanding when property was taken over. Stock was exchanged share for share. Property: 20 claims, 19 patented. 130 acres adjoining the Telegraph of the United States Mining Co..
Claims cover about 3,000' along the footwall portion of the Jordan limestone ore-bearing zone of Bingham. The large orebodies of this district are found in fissures within th- limestone, or along limestone contacts, and the Jordan belt is the most productive of the 3 belts known in the camp; 16 fissure veins have been opened. Before the company acquired the property a number of promising veins carrying ore in the porphyry, but too narrow to be valuable, had been exposed. These veins pass into the limestone and are expected to have large orebodies at the contact. Development: consists of about 15.000' of work, mainly by 3 tunnels.
In the Turngren tunnel, over 1,300' long, 8 veins from 1 to 4' thick have been cut, 7 showing ore and 2 of them worked. Bingham Canyon was a city formerly located in southwestern Salt Lake County, Utah, United States, in a narrow canyon on the eastern face of the Oquirrh Mountains.
The Bingham Canyon area boomed during the first years of the twentieth century, as rich copper deposits in the canyon began to be developed, and at its peak the city had approximately 15,000 residents. The success of the local mines eventually proved to be the town's undoing, however: by the mid-twentieth century, the huge open-pit Bingham Canyon Mine began encroaching on the land of the community, causing residents to relocate. By the 1970s, almost the entirety of the town had been devoured by the mine, and the few remaining residents voted to disincorporate and abandon the community. No trace of Bingham Canyon remains today. Office: Washington & Church Sts.Mine office: Butte, Silver Bow Co, Mont. Ryan, managing director; Harry A. Organized 1880, under Item ordered may not be exact piece shown.