The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-05-24
MINES AND MINING

ported by the Western ore Purohas'
ing company. aggregated 2,i2S tons
Charles VI. schwab. the minins
magnatc and steel king. has been eA
aiming the mines Of the bullirot
district In which he Is interested
personally.
The foreign visible supply OF COP
per ON the 18th as reported IRON
Boston. was 1868 tons, deoreaS,
Of .355 tons during the first half oi
the month.
There is much excitement In car
lin. Nevada. over the discovery OF
rich placer gold In the Lynn district
twenty-five miles from there, and
phenomenal rush ia on.
The record Of ore production OF the
mines Of Park City for the week Just
ended is as follows DAILY Judge l.
100 600: silver King, iii9,76Q; DAILY
West. 100000. Ontario. $4,000. To
tai tonnage. 3,6Si,7Go
The report Of John y. Ryan. presi
dent Of the Anaconda Copper Mining
company. submitted to stockholders
shows that tae corporation for the
year that ended December 81. lsOO'
earned profit Of SS,Si26G9.
The old camp Of sprucemont. Ne
yada. whose mines have been worked
FOR moro than third Of century
with profit to their owners, but has
lain dormant the past two years. h
again In the list VI producing camps.
within the last few months the
Duck Creek lead section OF White
Pine county. Nevada has presented
such an attractive opening for the
prospcctor that hardly an inch OF un
occupied ground remains for those
who are 10 come.
April copper production Of the
United States. Canada and Mexico Is
estimated at 9G,5GI7OO pounds,
against 2.4g5.,3O pounds in March
and S5.2SSiGO In February. The
April reduction ~ due largely to la
Dor troubles. notably IN Arizona.
The Red Metals company. opernt
ing within mile Of Schutz. In tho
Walker Indian reservation country,
Nevada. has had the first 100 feet OF
It's tunnel completed. the face now
being ii3 foct from the portal.
contract has just been awarded Tor
200 feet more of tunnellng
Il 10 stated In what apparently Is
authoritative circles that Ms soon as
the Salt Lake route completes ia
branch line from Caliente to Phoebe
Il will begin Immediately upon the
proposed line to the Deep Creek sec
ton OF Utah and Ely. Nevada. Thii
will be cheering nows TO the miners
OF that section
It is reported from Park city that
the Miners union Is considering the
advlsablllty OF resembling tho order
against men working ON the drain
tunnel OF the ontario for less than 81
a shift. Il is said that number OF
the miners now consider that II woult
be all right 10 permit work there n
the old scale Of $3.50.
Another mining company has Jus
been launched In sprlngyIlle. Utah
The company is known as the Eyr
Mining company, and its property Il
located In the Mount Nobo mlninl
district. The property has beer
worked on at different times for sew
crnl years past. and considerable de
yolopment work has been done.
Advicos from Loyelock. New ar,
, to the cficct that to the many prom
Using discoveries made In Humbold
county during the past year snothe
has been added. a strike recently
+ made in the Trinity range, twoly0
miles northeast OF LoyolOck, Is dc
, scrlbod as being one Of the riches
4 and most extensive OF the season.
Development work Is now progress
ing on the Mountain View mine a
& Pine. Idaho The mine was close
1 down for a time In the winter. bu
{ work Is now being pushed vigorously
s They hope to be able To start thol
mill during the summer, but at pre-
ent are deyoting their attention q
& tracing out the course OF the or
shoots.
6 4 meeting OF the stockholders &
J the Silver Pick Triangle Mining con
4 pany is being held In Goldneld to IL
8 qulre into alleged fraudulent deallng
e OF the promoters. Patrick. Elliott an
T Camp. II Is claimed that $4,000
shares OF the treasury stock was sol
f., at 10 cents. and that virtually non
= Of the proceeds has gone into deve
7 opments.
d George Wlngheld h quoted as sa,
d ing that the Goldhold Consolidate
e Mines company would In every prob
Al hillty not pay any dividends durin
the year 1907, nor will any hlgl
II grade ore be shipped 10 the smeltel
p, Al Salt Lake. Mr. Wingheld sal
that the company was going TO ere'
~ it's own reduction plant In Goldnel
~ NJ cost OF between 100000 an
Il 500, 900, and that the mill WouI