The Garland globe. [volume] (Garland, Utah) 1906-191?, 1907-02-16
MINES AND MINING


of T. F. Banigan and Phil Brady.
The Rodnd Mountain, Nevada, stock
exchange was formally opened on the
9th, the event being followed by a big
banquet.
Two companies have been organized
at Springville. Utah, to operate mines
in the Lee district in the Bullfrog
country. Springville people control
both companies.
The Chicago Utah Copper Mining
company of Salt Lake, which owns
claims in the Morgan mining district,
Morgan county, Utah, has filed art,-
cles of incorporation.
The Black Dolly Fire Clay company
Of Salt Lake, which owns claims near
Pleasant Green and proposes to es.
tablish pottery In Salt Lake City,
has filed articles Of incorporation.
They have now a four and one-half-
foot vein of coal at the Boren mine on
Trapper creek, In Idaho. from which
they are taking a very good quality OF
coal. One streak of It is of the very
best grade.
Application for the appointment Of
a receiver for the st. Joe Mining com.
pany, which owns claims in the West
Mountain district near Bingham, was
made in a suit filed in the Salt Lake
courts last week.
A few months ago ID. 8. Iauterback,
Of New York snapped $4,000 shares
Of Jumbo Extension (of Goldield,
New. for an equal number OF Atlanta
shares. losing. by present reckoninss
about $4,000 on the trade.
A correspondent writing from State
line says that one of the richest strikes
in the history of Stateline or south
ern Utah has just been made in the
tunnel being driven ON the Liberty
property by John Erickson Of State
line.
No other state of the Union is con-
vancement OF Nevada's mining indus.
try than Utah, and especially in the
camps containing copper resources are
Salt Lakers active to a most liberal
extent.
Professor Aughey, Of the United
States geological survey, says: Il
expect boom in the Lee-Echo INC
vada) district during the coming
spring and summer, AZ the mines will
all be opened during that time, and
1t Is safe to say that there will be
even more rich strikes recorded than
there were at Rhyolite."
A number OF parties have outfitted
at Idaho Falls recently for prospect
ing In the Birch Creek country. Not
all are from Idaho Falls, a number
having come by train and QUILTED at
Idaho Falls. There are many more
who are delaying until spring In order
to look the ground over without the
hindrance of snow.
Should anyone doubt the mineralixa-
ton OF the district OF Stateline, that
ideal section that can be claimed
with equal right by both the states Of
Utah and Nevada, he would be con
WINGED in short order by gazing upon
a small chunk of ore from the Big
Fourteen property, which plainly
shows rich in gold and silver.
The value Of the recent ore strike In
the Pot Wrestler mine OF the Dollar
hide Mining company at HALEY, Idaho.
is shown by two assays made last
week. One Of the assays shows 475
ounces Of silver, SO per cent of lead.
and a couple of dollars Of gold per
ton; and the other 1876 ounces Of sill
yer, and per cent of lead per ton.
The Lee district, In Nevada. is char
acterized by an immense bed Of
quartzite from north to south for ap-
proximately fourteen miles and from
one to two miles in breadth. In color
the quartz Is from light brown to black
and its consistency runs from sugary
to compact. Bands of light brown
and yellowish sandstone occur in the
vein and run parallel to 1t,
A strike and stampede of the male
population OF Lovelock, Nevada, to the
hills at IL o'clock at night may result
In the founding of rich new mining
district south and east OF Vernon and
the Seven Troughs mining district.
Twety-four hours each day are de
voted to the work OF installing the
new machinery being received by the
Lower Mammoth Mining company at
Tintic.
Two years ago Albert S. Watson,
president of the Jumbo Extension, at
Gold6eld, New, which is incorporated
at 1,250,000 shares, sold 100000 shares
at cents, and a little later another
100000 at 10 cents. He accepted $751;
900 for securities that are worth on
the market about 100000 today.
The reason for the present extraor-
binary price for copper is easily deter
mined. The production of North Amer
lea in 1906 was only 32 per cent in
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