The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-01-05
MINES AND MINING


Newhouse Mines 4 Shelters Cactus
bonanza were resumed full handed last
week.
The large quantity OF sill ,'er produced
In Utah each year is nea-ly all taken
from ores carrying lead and copper
and forms an important item In the
successful working of such ores.
The Manhattan Broncho has cut in.
to four feet Of ore at the 2O0-foo, level
firms the previous high estimates put
on this property by mining experts.
The directors of the Anaconda Cop.
per company have declared quarter.
ly dividend OF $I75 per share. The
dividend declared liz an increase Of
60 cents share over the dividend last
paid.
A crying need Of the Pearl mining
district in Idaho, is a connection with
the electric road so the concentrates
could be shipped out under more ia
vorable conditions and supplies and
timbers taken In.
A strike has just been made Ia the
st. Joe company's property at Bling
ham, which is causing more citation In
the ranks OF the management than
any other sort Of a Christmas present
could possibly have done.
There is nothing in the past history
of the mining industry OF the United
States that Is more remarkable than
| the record that has been made In Ne.
vada during the past two or three
years, and is now being made.
The directors of the Cumberland
Ely Copper company have voted to
issue to stockholders of record De-
cember 2S. 100000 new shares in the
ratio of one new share for every ten
shares held, at $3.50 per share.
A new strike on the Nevada Hills
at Fairview shows Ave feet Of ore that
averages $500 per ton. This Ia In
number five tunnel, which is driving
under tunnel number four, and gives
a working depth of one hundred and
forty feet.
More than one.half Of the silver pro-
duction of Utah during 1905 was con-
tanned In lead ores. The principal
places for mining these ores were the
Park City (Uintah) and Tintic dis
tricts of Summit and Juab counties,
respectively.
For the first time in recent years an
output of placer gold is to be noted in
Utah. Small amounts, however, are
said to have been recovered In 1904
from the gravel of Grand river, in
Grand county. This district shows q
noticeable output Of this metal.
The sensation of the Buckskin, Ne
vada, district is the big strike by
the Jack Bell Gold Mining company,
on the Red Top ground-the original
discovery Of the camp. This lease has
been in operation for some time, and
has had all kinds of handicaps.
The Salt Lake Real Estate associa-
ton has decided to devote consider
able portion Of its space in its pub
licity rooms to an exhibition of Neva-
da ores, and the secretary has been
instructed to write to mining COM
panies and boards of trade In all Of
the Nevada camps, requesting that
specimens be sent for exhibit.
During the year 1905, copper amount
ing to 59,273,192 fine pounds was taken
from Utah mines, Salt Lake County
lading with 4O,290,744; Juab being
second, with 1906, 800; Beaver
third, 3,555,91s; Tooele, 1,095,3s6;
Summit, 544,9S2, and Box Elder, Mil
lard, Morgan, Piute and Wasatch
coanties producing a total OF 1896
fine pounds.
The annual report OF the Boston
Consolidated Mining company, cover.
ing the fiscal year ending September
30, has been issued in pamphlet form
and shows that during the period stat
| ed $4S2,3O7 was received from ore
| sales; sl,097 from rentals; making n
total of $iS3, 404. The expenses
amounted to $227O97, leaving profit
OF 1856, 1903.
A meeting OF the directors of the
Manhattan Dexter Mining company
was held in Tonopah a few days ago
and resolution was passed distrib.
uting among the stockholders Of the
Dexter company all the stock holdings
of the Dexter, the parent company, in
! the eight subsidiary companies,
| amounting TO a total of approximately
! 5,27S,Ol0 shares.
Judge Marshall's famous Utah smell
ter fume decision, which threatens to
force the removal of the smelters in
| the Salt Lake valley, may prove a
blessing in disguise" says the Bos.
| ton News Bureau The building Of
new plants may prove of great finan-
cial benefit and the companies would
| not have considered the question of