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Horn Silver Mine Report [181931]

Currency:USD Category:Collectibles / Mining Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Horn Silver Mine Report  [181931]
SOLD
150.00USD+ (37.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2024 Jun 09 @ 10:44UTC-7 : PDT/MST
UNCLAIMED MERCHANDISE: In the event that a successful bidder has paid in full for their merchandise but fails to settle outstanding shipping invoices or make arrangements for merchandise pickup within 60 days, HWAC reserves the right to declare the merchandise forfeited. This forfeiture will result in the merchandise becoming the property of HWAC and the successful bidder shall have no claim to or rights over the forfeited merchandise.
"The Horn Silver Mine Report," W.A. Hooker, E.M., March 1879. 14 maps & plans, most with color; 5 duotone lithographed plates with views. 32 pp. 8.5" x 10.5". Some chipping on page and wrapper edges, back wrapper darkened. Wrappers and first page detached.
Ore was first discovered in the area of the mine in 1875, by prospectors James Ryan and Samuel Hawkes. They sold the claim but by the late 1870s the new owners had extracted 25,000 tons of ore with a high silver content. With the completion of the Utah Southern Railroad Extension to Frisco, UT, in 1880, ore could be shipped to the Francklyn smelter near Murray, UT, for processing. During the mine's peak years some 150 tons of ore a day were sent to the Salt Lake Valley for smelting. By 1885 the Horn had produced more than $13 million and paid it's shareholders $4 million in dividends.
In 1885 the mine collapsed down to the seventh level. It was between the night and morning shift and the day crew was told to wait prior to the collapse because tremors had been felt. No one was injured. In their haste to find wealth, operators had not adequately timbered the maze of tunnels. In less than a year, the mine was producing again on a limited scale and was still one of the eight leading silver mines in the U.S. Utah