The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-08-02
MINES AND MINING

The copper output OF Utah in Juns
was 100000 pounds
Interest iu the now oil strike I'm Wiz.
gin valley. Utah. which has been
made ln the last fortnight. has stirred
oil men IN the west TO much cnthu.
sIasm
The damage 10 the iiannlpah mines.
near Touopah Nevada by the recent
Gre was much less than at first report.
ed The damage will not exceed
$1,000.
The Little Florence OF Golddeld
one day last week transferred to
local mill $1,000 pounds Of ore that
is valued at $40 per pound The lease
Is producing $4,000 day.
The umor OF rich strike Of ore In
the new shaft Of the T. g. Mining
company. near Bellevue. Idaho, has
been fully confirmed A mill Is 10 bo
erected az the property az once.
The Creole mine close TO tho old
Lincoln, iu Beaver county. aud which
has been shut down Tor uonrly twenty
years has taken ON new HE and
carload of rich ore is being taken out
per week
one hundred and nfty American
employees OF the Arizona Copper com.
pany's smclicr at Clifton. Arlz. ara
on strike Tor an increase NJ 80 cents
a day In wages They have been get
ting 81 day
The values from the Nevada Fair
View rich streak ran In gold and sil.
/ yer a. follows Gold. SIS ounces. sll.
yor. 3iql ounces. the second az.
saycd iot ounces gold and 79St
/ ounces silver 10 the ton
Boston dispatch says buyers coa.
tlnue to fight present copper priccs
and demand another concession be-.
fore they will enter the market gcner.
ally II would not be- surprising u
some ~ the independent producers
not affiliated with United Metals made
further concessions In tho hope Of get
Ting business
The Daly Wcst nc Park CITY has
found % now body Of ore on the $50.
foot level. while in No. stope Just
above the 9OOfoot level 70 scyonfoot
vein has boon discovered. Men have
been put 90 work ON the latter vein.
after having been tnkcn away from
there two years ago. owing TO uppar-
emit nonpayIng ground.
a contract for 35Ofooi tunnel has
just been Oct boy the Nevada iiy.
drnulic company at Tuscarou. New.
| This viii do away with a long and
expensive numo. expensive To build
aud expensive 10 keep IN repair. Mod
cm hydraulic machinery has been
purchased and the plant Is being rap.
IDLY put In shape for work
Amnlgpmatod Copper has on 90
books the names OF more individual
shareholders than probably any other
mining company In the world--is.000
] with average holdings OF sixty-lye
shares each Nipisslng "a next with
{ 10000. averaging i3i shares each
Utah Consolidated Ia third. with 2.iO0
, averaging 1876 shares each.
one of the blggest mining deals In
!, the history Of Colorado, which hal
Q been pending for year or more. 1,
thd sale OF the ieadlngl mines on
! Quartz HIN to the Newhouse tunne
people Upward Of 100000 IL In
, yoled These properties comprise IN,
main portion Of Quartz fiill and have
I a combined record Of more thar
(. 8iO.OOO,OOO
a Salt Lake men who recently In
spocted the coal deposits IN the Teton
D valley Idaho. are enthuhaatic about
D what they saw They claim that
j. there ~ more coal In the Teton valley
! than the Hartman linoE could burn
! In ATTY years. aud II thu oregon Shorl
. Line does not build railroad into
the district the line WIN built by
y private parties
j. The Hlgglnson lease has struck COP
per values. on the 23Ofoot level 0
!. WINE IA being sunk on the vein AM
the values are increasing rapidly, say
the Goldheld News. A selected sam
q pie taken from a nlneteen.lnch streal
L at the bottom Of the Vine asfayeC
/. $500 gold. ~ ounces silver and s pei
l. cent copper The entire face carriei
! 4 per cent g PIPER
The King Edward Aiining company
NJ which samled Newhouse is prosl
: dent. operating In the Cobalt camp
has 100000 worth Of ore ready fo
d the market. This consists Of 3,00l
sacks, OF which 400 10 300 contain
p nrstcass ore running from 1000 Il
j 5000 ounces to the ton, and 500 t'
a / 900 sacks Of second-olass ore aver
y aging about 900 ounces to the ton.
q Calumet and Hecla issues its an
nual report for the year showing ne
earnings Of 81 .297.39O and a surplu
ID of over f7.OOO.OOO. The statement fol
lows: Assets. cash and copper. S.
b l77.i9O; notes, bills receivable, s.
a 2sl .7GS. development fund etc, SO
u lli5: insurance fund. S9533iO; total
n Ss.757.4ii; liabilities. drafts aud bill
q payable, Si.72s.bO2 total, Si72s,5O2
Ne urplus, s7O2S9i2
,rl J. a. Click, oX'state mine inspeclo
r. Of Idaho, says II is nlmust imposslbl
p 10 secure miners enodgl TO work IN