The Mercur miner. [volume] (Mercur, Utah) 1895-1913, 1907-10-23
MINES AND MINING

~ less IMAM " was niue VI Ntl hiohNh9
ago. says the Boston Journal
Mining men will do well to keep an
eye on the Marshall lake section,
Idaho. In addition to the richness OF
its ore, It is free milling and can be
worked cheaply. Timber and water for
all purposes is convenient
Advices from Boston are to the eff
feet that a prominent copper producer
who is in close touch with the situation
says Calumet G. TIecla is shipping cop
per to Europe in large quantities In
anticipation of big buying movement
Excitement is running high over Ia
report of the richest strike ever made
in the Goldfield district, The strike
was made in the Frisco Goldield mine.
two and a half miles south OF the city.
and the ore is said to assay Sl5O,OOO To
the ton.
w n. Clark Of the Nevada Hills has
another bonanza at Round Mountain.
thirty miles north OF Manhattan. tho
Sphinx. II is strictly gold property.
and absolutely free milling. and a mill
is to be installed at once to manutae-
ture gold bricks.
acids, aqua regia, or alkaline solutions.
IL can be drawn into fine wire. having
a tensile strength greater than soft
steel Tantaum is now employed
principally as a filament in an electric
incandescent lamp. which was put on
the American markcr in 1906.
The Amalgamated Copper company
on the i4th declared quarterly divi.
dend of per cent, as compared with
a dividend of = per cent, for the last
previous year. This makes the annual
dividend rate per cent as compared
with s per cent the previous year.
According to advices from Goldneld.
a shoot OF rich ore has Just been en-.
countered on the third level OF the Req
Top mine In drift which was started
south in the big vein on seam OF
good ore. Samples of the new find re-
semble the high grade of the Mohawk.
There is a disposition in certain min
ing circles to contest the legality OF
the law passed by the last legislature
regarding the special mine corporation
tax. 1t is claimed by companies own
ing properties, but not now operating
the same, that their organizations are
subjected wrongfully to double taxa
ton.
Pessimism on copper, both as to tho
metal and to the different corporation
stocks based on that great commodity.
| is apparently on the increase, notwith-
standing that sentiment has ben con
tinuously adverse to copper for man>
months. The copper metal marker
shows no signs whatever of improve
ment.
The capacity OF the Sunnyside mill
| at Round Mountain has been mora
than doubled within the last month
| and the daily run Is something like
| forty tons, with n proportionate larger
OUTPUT I'm bullion. On the 250-foot
level fine body OF very rich ore has
been opened up which shows free gold
plainly.
The Ubehebe district. to the north
OF Death valley, is to have a railroad.
| The road will run through WILLOW
| Springs wash to Sand springs and will
be accessible to all the mines on the
south side OF Gold mountain. II viii
also be within striking distance OF
Tule canyon, Revenue and the old I'm
Gle Sam mine.
During 1907. according to statements
emanating from Wall street. twenty
seven railroads have deprecated 1891.
| 319.720, and twenty-three industrialA
| deprecated to the extent of S343.786.-
| OlS. The Boston News Bureau now
states that during the same period
forty-six copper companies bave de-
preclated S526,000,000
Some remarkably rich ore has re-
Gently been discovered in the Dead
wood Basin district OF Idaho. assays
showing as high as 1921 in gold and
silver the veins being large ones.
Specimens of the ore show rich In lead
and silver, some OF It containing al
most native lead. The claim is 80
miles from Boise, 40 from Placerville
and 90 from Knox.
l.. A. Friedman, the father OF the
Seven Troughs district in Nevada, Ii
to build a mill of ten or twenty stamps
In Seven Troughs canyon, The con
struction OF the mill will he pushed
with all possible vigor Sufficient water
zoe tho operation OF such a plant has
been developed, and the development
OF tue district will be materially aided
upon It's completion.
One OF the most important strikes
made in the Goldheld district during
the past six months developed a few
days ago on the Victor adjoining the
Gold Bar on the east and the Hat, one
Of the Blue Bull company's claims, on
the west, the ore running $50 TO tn
ton
One thousand tons OF ore averaging
800 per ton is the shipping record OF
the Montgomery Shoshone for the
month OF September. This means a
valuation of 100000 in a single month
and II the same shipments are main
tained an annual valuation OF 81 ,200,-