Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-12-14

T.nNc district ana this, too.
m the face OF the fact that tho
! f.v months tho mining industry
months the mining industry
,,s.i.t she west has suffered
oil las4 injury on account OF the
--,..i crisis Although these con-
..,,,-, t.., Effected tho district ut
% De- scarcely noticeable at the
..srt time. and the future Of the
..,-i,t is very bright.
rr.s wear has witnessed the forma-
, Of more new mining companies
.,r .r Che same period Of time since
b. e.rruHon Of the district A great
b.. .moc1t OF development work has
t,,r done upon prospects and meri-
,-ors properties. a few OF the latter
.-rinc out TO be producing wines
.teh now ind q place IN the column
s9.ridend payers. The shipments ~
81. from Tnuc this year will be tho
tr.r.cst Don the history OF tho dis
.-f notwithstanding that many OF
He mines have been forced to curtail
AeIr output lately. Others have been
fr,cd 90 stop shipping completely. on
.erount of the smelters not acceptinp
Inv more ore. There are only a few
N the latter and their shipments
amounted 90 from one 10 six carloads
eh week AT the present time the
- shipments from the different
urs amount around 100 carloads
weekly which Is a reduction OF one
mird Of what II was SIX weeks AFRO.
another very important fact that
-ras On show that Tintic Is going along
n steady pace and II the most solid
az End surest mining section In the
rrt Is the dividends that have been
red hy los producers this year. which
~ The aggregate IS several thousand
fr-rs iu exc SIS Of what IL was in
1905 The exact figures OF the
money distributed by these dividend
nyars gre hard to get NJ on account ~ /
navy Of che mines being close cor
ratous Of which the public know /
HuH or nothing
s.oro7 Of new companies were |
fmel this year and great deal OF |
r.w work is going on I'm different /
ars W the district particularly I'm |
i't eastern uart and North Tintic !
Ner mircs have been opened up. and B
rev strikes have been made in older I
rro,erlss which altogether makes I
.He outlook FOR the district a bright |
orc II was never brighter and ev-
t~rhng points TO oven bettcr con-
ltons In the future Work upon |
rarv other properties will be started \
iusf ae soon as conditions again be-
como a0rmal.
CENTENNIAL EUREKA.
THO Centennial Eureka mine al
. Eurca is ono Of the richest properties
o. .He United States company and
ras r- Pr the heaviest shipper this
. "Hrf
@, ore daily, It's shipments have been
o1t down but little on account Of the
smt'fcr trouble and everything Is
ear...1g as usual at this big proper
r. There appears 10 be no limit TO
tsc ore bodies O! this mine. which
have yielded millions in dividends 10
tte >hareholderh. The ore IS not only
found IN immensely large deposits, hut
some of % Is very rich In silver. only
th5 other dav a large shipment was
taken out which contained boulders
Of horn silver through which a pick
could be thrust without breaking the
ore lts present output is about 45
carloads each week.
LEASING SYSTEM
The leasing system q stn going on
81 he Eureka Hin and Bullion Beck
HWes on this side and at two or
-.'.N .t'N'NA AAtn near AAAIllnUfn. Inc |
llei hlho 10 dOpt this system was |
ne Bullion Beck, where several leas-
as are now at work and are doing
VEIL 1t can he said that there Is
'nt lease I'm the mine that is paving
De working expenses OF the property,
int from this lease the men WIN are
Fortunate enough 70 hold Il are now
nany thousands Of dollars TO the
roo. tn Bullion Beck is one OF
De Oldest producers OF the district
and is az present steay In its ship
nents, nearly all OF which Is the
product OF the leasers. At the Eu-
Nka Hill the lcaseTs have been very
prosperous this year. Nearly ali Of
them have realized we'll from the ~e-
turns OF the ore they have shipped
nom the mine The Eureka Hill
iga 81 the district in richness, and
are IN part Identical with those OF the
Centennial Eureka, which are con-
Ter and gold, and in part they are
$50 Identical with those OF the Bull
len Beck. which are silver and lead.
THE GRAND CENTRAL.
Although the Grand Central az
Mammoth Is at present idle. 81 Is one
Y 'ne great mines Of this district.
ld would be at present operating |
e force of $50 men were Il not Cor
NE orders from the smelter. with
nich 10 had no contract. 10 cease
Ipping ore. II is candidly believed
al the mine win not be idle long.
acal9e any mine that has produced
Aiions Of dollars and paid $1,000
'' in dividends I'm ~ years. which is
re record OF the Grand Central. should
ave no such trouble. In the work
Ass or the Grand Central there are |
~ usands Of tons Of low grade ore !
locked out that viii after a while
g worked by the Knight smelter al
Dig profit to the mining company. |
e transport this ore from the mine |
ihe shelter near silver City the
= gay tramway already I'm working |
laer VIII be extended from the ter
hll station on to the smelter. G..
b. Loose. who Is the general man.
q, ol the company stated the 9TH
aaF mat he expected to see a big
Range for the better in the near 1 I