The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-01-18
MINES AND MINING

future.
Two new veins have just been
opened In the Talisman company's
Beaver county mines.
There Is a report In circulation to
the effect that the big assure for which
the tunnel on the Mcdonald Ely prop
erty, at Ely Is headed. has been
reached.
During the week total OF 3G5.05i
shares OF stock, with a selling value
o, s272.47t75. changed hands on the
floor OF the Salt Lake Mining Stock
Exchange.
Three new strikes Of importance
we're made at Vernon. Nevada. last
week In one mine assays show val
ues OF from t7l5 to Sl77G In gold per
ton.
The Bleak Pearl mill in Boise coun.
~. Idaho. has arranged for the install.
lation OF electric power from the
Bolso.Payotte power plant. and is oX-
pected to be again In operation any
day.
Tho Tunnel OH company. OF vernal.
which owns oil placer claims In Car.
held county Colo. and proposes to dc.
yolop them. filed articles OF inoorpora.
ton with the secretary Of state OF
Utah last week.
AZ meeting OF the directors Of tho
United States Smelling. Refining a
Mining company. held In Boston re
gently. It was decided TO place tho com
mon stock OF the company on 7 per
sent diyldend.carnlng basis.
For 1906 the United states produc
ton OF copper will aggregate 975,OOO,
900 pounds. an Increase OF only about
4 por cent over 1906. which compares
with an Increase OF 10 per cent in 1906
over i9Oi." says Daniel Guggonhclm.
Senator Clark. OF Montana. makes
the prediction that the figures for 1906
will show an increase In copper pro
duction OF probably less than 4 per
cent The average price will probably
be in the neighborhood OF 1914 cents
There is a disposition on the part OF
tho Seven Devils minors, who have
heretofore done all their railroad bust.
ness at Council TO walt for the com
ing OF the Huntington road down the
Snake river. and cut Cuncil cold. a.
this road will be much nearer TO them.
Lemhi county. Idaho. has suffered
much through mining inexperlonce.
There are today about GOO stamps in
the county, of which only about 100
are In operation. The others have
been put up on mines whore tho ore
/ proved 70 be TOO -bAsc Tor stamp mill
treatment
Lemhi county Is one Of the most
favored counties In Idaho, or In tho
whole west, In It's coal deposits. II is
claimed. Tho deposits are known TO
be very expensive; probably they
will prove even far larger than now
anticipated when the country is prop.
erly developed.
by virtue OF compromise effected
last week In Salt Lake City. between
James McGregor and the directors OF
the Silver King Mining company, all
former differences existing between
/ these interests are buried, and new
era dawns for all Park City within tho
very nrst week Of the newly born year
Blast furnace Stag Is pillng up In
vast quantities at all Of the smelt'
Ing WORKS In the western mining
states. Il cannot be said 10 have be
come n nuisance as yet, for the dumps
cover only very small area, and they
are not the menace TO agriculture
and other Industries that talllngs piles
are. Their worst feature Is that they
represent by.produot for when as
yet no use has. been found. says the
Mining Reporter
Thirteen cars loaded with Godheld
ore, valued nj 100000. arrived In
/ Vallejo Junction. CAL ON the ilth,
| where Il will be treated In the reduc'
| ton works and turned into shining
bars OF gold and silver. Each car con
talned 100000 pounds Of ore, carefully
sacked,
A mine opened In an absolute wild.
erness that In about two years pro
duces approximately s2.500,00O worth
OF ore from less than 10 per cent OF
lts whole area at an expenditure OF
only S225,000. must merit the conf
dence Of investors Such a mine Is
tho Niplssing
The mining district surrounding the
little old town Of Ida. New. is com.
ing 10 the front with rapid strides.
and IN spite OF the former days OF
greatness at Ida, when tho camp was
one OF the most active In the west,
the future bids fair 10 hold stlll greater
things,
Quartz shot full Of free gold, rock
picked samples OF which would un.
doubtedly assay up into the thousands
OF dollars per ton, has been encoun.
tered In AN entirely new vein on the
225foot level OF the Cedar company's
nine In the North Star district
Beaver county, Utah.