New-York tribune., 1907-06-24
NOTES FROM THE MINES.

Western mining methods rapidly being intro
duced into the Cobalt camp since the advent of the
good weather, according 70 advices received in
Wall Street mining circles in the week. The con-
struction work the concentrating plants of
Coniagas Buffalo, Cobalt Central and Trethewey is
being pushed TO completion, and several OF the
mills will be able 70 begin operations before the
end of the summer. Some Of the machinery OF the
Cobalt Central IS already the ground These
plants will revolutionze the treatment Of Cobalt
ore which has heretofore been sorted by hand and
shipped 10 the smeters in crude form. In prepara-
tion for starting of concentrating plant the
Cobalt Central has accumulated several thousand
tons Of taken out In the course OF Development
which Will be ready for immediate treatment as
soon as the mill begins operations, in August
The Tornboy mine, located in the San Juan dis
trict OF Colorado has declared 25 per cent dvi-
dend payable June IS. making total OF 371z per
cent for the year ending June 30. With June esti-
mated the companv's operations show net profit
Of apDroxirnateiy SOP 900 for the year. Dividends
absorb $4,000 OF this amount The mine is in the
vicinity of the Camp Bird, San Pedro and Old Hun
dred properties, and its ores are almost Identical
with those OF the latter mine. Advices received
from Siverton, in the San Juan district, state that
there is great activity among the mines In that min
eral zone. and that carload after carload OF ma
chnery is deinR delivered to the mines there
Among the largest shipments received are those
consigned TO the Old Hundred Wnich Is increasing
the capacity Of its plant 10 100 tons day. winch
will make it one Of the biggest producers in tnat
section OF the country
The Micrnac district In Nova Scotia has been Of
late coming into prominence, ana oeVeIopf1eht5 IN
II are being watched with interest. The most re-
cent event is the organizing Of power company
for the purpose of developing and operating water
power mines all parts OF the province The first
operation OF this company has been TO contract to
furnish the Nicmac Gold Mining Company with
electric power. night and day, for use at the
Micnac mines. The power company has obtained
rights Of way from the plant in the town Of Liver
pool TO the Micmac mines, twenty-one miles dis
tant and has already let the contract for the con
struction Of transmission lines from the source OF
power to the mines. The poles have already been
delivered along the rights of and are ready TO
be set up.
The articles published in Daily Consular and
Trade Reports for April 25 concerning the exhaus-
,ion of the supply OF meerschaum in Europe has
elected the following contribution from A. r. Col
Inns of New York, to deposits of the article in
tbe southwestern part Of the United States: Teer-
schaurn so highly priced by pipe manufacturers
and which has heretofore come from Turkey IN
Asia Minor has recently been found in New Mex
Geo and the extreme scarcity which has charac-
terfzed It's production during the last few years
will from present Indications, soon be at an end
rha mines are located IN the Diabio OF
tains about twenty miles northwest Of Pinos AL
tos 10 which n branch OF the Santa Fe Railroad
runs from Deming
Assistant General Manager Alexander r. Shep
ard jr reports the yield OF silver from the Batopi-
las mines for the fortnight ended June Is as 10000
ounces with an excellent outlook for early i'm
provenent A new collection Of remarkable speci-
mems Of native silver has been receiVed by the
company which is now exhibition at zimmerman
& Forshay's No. Wall street.
While sinking a new afr shaft on one of the
properties of the Douglas Copper Company El
Cobre, Mexico, n new body OF high grade ore was
discovered. The vein is twenty three feet wide
and the orc value averages $40 a ton 1t struck
81 a depth Of hundred feet and adds materi-
ally 10 the Douglas properties.