The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1907-09-19
MINES A ND MINI,

week to five cars, or 200 , ys'pu'
The policy of the management.
tinue steady shipments %
There is a well-deRned rnn,
culation to the effect that nv u
Valley Copper, of Yeringtou, \ IVA ia
has in mind the erection Of . se'a
for. the treatment of its ores 'ue
The remarkable record for =,
ton and the wonderful disclos,,ss'O wv
have been made In the los, :
company's property at Loon II
idaho, is stirring things up in ,h' u
ton of Custer county. M
A reduction of IS share J..
quarterly dividend of the CAIN.
Hecla Copper Mining companv %us
nounced on the 10th. The dIrss,
declared a dividend of SIS a ~
against $50 three months ago y
Every days development in ~.
erican Fork, Utah, district mat.e
more and more apparent that ,Ss
district, which has received such q,
attention for years. is going r.
up with the best of them in tbs
future.
The recent oil excitement alon,
Virgin river has attracted aitertlo,
all parties of Utah which is rich !,
and coal, and the Escalante sas,,
is said to be one of the most Il,
blessed localities for the touch 4, !
to-date talent
Reports from a recent sbipmeD,
ore made by the Wheeler Gold N,
company, whose properties are in +
Yerington, Nevada, district, show 4
the shipment was a satisfactorv i
netting $40 gold to the ton. or nd
net for the car.
The action of the Amalgamated u
pany to curtail copper production h,
20,000,000 to 100000 pounds Of \
per per month will throw about 81
men out of employment. When
mines will again resume at full M
is problematical.
The Alta district, twenty-five Mi
northwest of Mackay, Idaho, Is az,
coming to the front. The ores m
there are a copper and lead proyo
ton. 1t Is an old district, but the
pie have just come to recognize |
fact that 1t is wonderfully product
and are flocking there at a surpil
rate.
1t is estimated that there are Al
where from 250,000,000 to 5O0,OV0l{
pounds of copper stored away in |
country awaiting disposition by 4
producer. The general production
the present year is expected to q
very little below last year. But ths
is not the buying activity that ths
was last year.
In the Mime Haha copper proper
in the Clifton mining district Of I'd
in the deepest shaft there is fourteI
feet of ore. OF this there is three
one-half feet carries 20 per cent
per, to % ounces silver and from
to $14 in gold per ton. There
several carloads of this character
ore on the dumps.
1t is said that the oil fields on
San Juan river can be traced a q
lance of fifty miles and at one pol
on the rivers bank there Is at lea
twenty-five barrels per day flowing b
the water which impregnates
stream and renders the water usels
for culinary purposes for over
lance of three miles.
While doing some open trenchhH
along the vein system of the Column
Wedge property at Alta, Utah, an
vein was found that averages two y
In width for the distance opened sa
its strike. Assays made upon ths
discloses values as follows: SNs
from 1G0 to $50 ounces; lead, ~
per cent; gold, 81 per ton.
The Goldfield Mining Stock excnah
and the Goldfield Stock and EScaai
board will consolidated. Commune
from each exchange, appointed W
full power to act, have made a unA
nous and favorable report on conS
dation. The handsome new ~
building of the old exchange wiz
the future home of the assoclauoA
The directors of the old reliable W
mine, the biggest little mine ID
United States, last week declared
regular monthly dividend of ] per VI
or $4,000. With this distributor
company will have paid out during
present year q cents share orr
900, while the total Disbursements
dividend account to date amouu'
$279,000.
Latest advices from the Wonuel
trict, of Nevada, are that rlch s'.'
has been made in the shaft ol
Nevada Wonder company's props
At a depth of 800 feet, while dlnI
on an ore shoot, a cross vein wa'
countered measuring eighteen nv;
at the point of intersection
new rock, it is claimed, will a''''
$4,000 to the ton.
1t is probable that a syndica~
soon acquire the aluminium marpie
other deposits owned by local p'
near Lehi, Utah. The properue' 's,5
tain mammoth clay beds, when , m
and nj WIS II