The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-04-20
MINES AND MINING


Salt Lake smelters at once.
From all reports Cherry Creek, Ne
vada, is having the most comforting
kind of boom that could be desired.
The directors of the Utah. Mine OF
Fish Springs met last week, and post
ed the usual dividend of three cents
a share, or $4,000.
The establishment and successful
operation of the new Utah sm6ter !
near Ogden has given great impetus
to subsidiary industries.
A rich find of high.grsde galena a. I'D
tin has been made In the Black mo .un
tain region on the waters of Upper
Wind river In Wyoming,
A new law In Utah now is ths 1 min.
ing companies must have on hand
emergency medicines, stretch ers and
such things sor injured men.
The spur track 20 the Montgomery
Shoshone mine has been completed
and the shipment of tho, 100000
dump to she Salt Lake -smelters has
begun.
Henry r. Merton anil company, Of
London, estimate the production Of
copper throughout the world in 1906
at 71I675 tons. against 6S2,125. in
1905. and $4,000 the year before.
The Treasury department on the
18th purchased 100000 ounces OF sill
yer at 6s,062 cents per fine ounce;
100 ounoes to 60 to San Francisco
and the remainder to New Orleans.
9ack Leggett, Gne of the prominent
and successful mine operators Of
Bate. Montana. is now in Boston for
conference With eastern stockhold
cers Of the Raven and Butte and Ely
mining companies.
The men employed at the Ontario
mine at Park City went on strike on
the 18th, because of the attempted
enforcement of new rule which re-
quires them to enter and leave the
mine on their own time.
The entire capital stock of the New
house Mines and Shelters company
has just been added to the unlisted
department of the New York stock
-exchange. The company's March
ioutput of refined copper was 100000
| pounds.
The spring report of the committee
of the Rhyolite Board Of Trade shows
the mining industry of the Lee dis
trict to be booming in a surprising
manner. Less than year ago the en-
tire district could have been tied up
for 10000.
The Crown Point Consolidated Min
ing company, with headquarters at
Provo, filed articles of Incorporation
with the secretary of state Of Utah
last week. The new company has a
capital of 100000 in a million shares
of 10 cents each.
Ore shipments from Park City for
the week aggregated 2.513,S40 pounds,
as follows: DAILY Judge, $4,000
pounds; Middlings, $4,000; Silver
King, S41,S40; DAILY West. 10000; On
tario, 100000; Daily, 100000; New
York, $4,000; total, 2,513,S40.
Much excitement Is occasioned by
the report Of rich strike at Mizpah,
Nevada. Ore has been found at the
surface which runs as high as $1,000
to the ton in gold, silver and copper.
This ore carries as high as 1900
ounces in silver to the ton.
Sooner than one thinks, smelters
will be operated in Alaska. and then
the world will again be astonished by
the news from there. AS 1t is now,
the ore must be taken to Everett or
Tacoma, 1900 miles by sea and 300 by
railroad, a distance of 1900 miles
It has just developed that in ad.
dition to the 100000 shares Of new
Balaklala stock recently offered to
stockholders at SO per share and un.
derwritten at az through Haden,
Stone e. Co., $4,000 shares were also
issued to them at the same price.
The directors of the Swan.Hilder
Mining company met in Springville
last week and raised the price Of the
treasury stock 5 cents. The advance
is the result of the recent strike on the
Lee-Echo claim in Nevada, which Is
known in that state as Mormon Boy.
The Brilliant shaft of the Ely Con.
solidated company at Ely, Nevada,
is now being pounded down through
ore that is averaging 3 per cent cop.
per. The shaft is over AIS feet deep
and every foot of the distance from
the 400-foot mark has shown copper
values ranging from l to as high as
IA per cent.
All of the miners employed in the
Mechanically mine, at Ely, Nevada,
have struck for higher wages, and
their demands have been refused by
the management of the mine. There
| Is "A remote nossibility that "a general