The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1907-12-12
MINES AND MINING

|
Word from the Bullfrog district ol
Nevada is to the effect that the Bull
frog Gold Bar company will have its
new milling plant all ready for opera
ton by the middle of the current
month.
A couple of Denver men have In
vented a machine that will perhaps
become very valuable to placer min
ers. 1t is an arrangement by which
they say all of the gold in sand gravel
S saved.
The treasury department ON De-
cember Attn purchased 100000 ounces
| of silver at 5S,329 cents per fine
ounce. or isis 100000 ounces is to
oe delivered in San Francisco, 100000
IN Denver and 100000 in Philadelphia.
1t is being talked around that mine
| owners of Utah will have to get to-
| gether and build works that will make
| them independent of the present
smelling concerns, or accept long
time contracts at greatly increased
| rates.
|
| ing company, at HALEY, Idaho, has
closed down the mill for the winter,
| but development work in the mine it
self will not be allowed to pause dur.
| ing the coming months of mill mac
| tivity.
The reports of combination Of
smelling interests in Utah and Colo.
RADIO for the purpose of advancing
smelling charges, and especially on
ores from Goldfeld, Mr.. Solomon
Guggenheim AYERS, are without foun-
dation.
About 500 men are now on the pay
rolls of the Con. Mercur, at Mercur,
Utah, and they are producing such
results that local circles expect a re.
sumption of dividends before the year
1908. The new shines plant is treat.
ing 400 tons of ore per day.
There are several properties near
Boise where an abundance of ore may
be had that carries gold values rang.
ing from So to $S per ton that can be
treated at a good profit by the cyan
ide process, and a cyanide plant is to
be erected in the near future.
The production of quicksilver In
the United States in 1906 was 26,23S
TASKS of seventy-fve pounds each,
valued at $95S,6S4, as compared with
3O,451 TASKS, valued at $1,103, ,12O, in
1905, a decrease in quantity of 4213
TASKS and in value of $144,4S6.
Withous waiting for action on the
part of the Nevada Conolidated COM
pany, the powers in the Cumberland
Ely company have decided that there
shall be no further delays in hurry
ing to completion the great milling
and smelling works at McGill, New.
A definite plan of reorganization of
the Balakalala Copper company has
not been decided upon, although the
New York management of the COM
pany has submitted tentative plan
to some of the larger Boston inter-
ests, whereby third will be organ
lied, and through this vehicle an as.
sessment of 81 per share is proposed.
Three mining companies operating
in the Coeur d'Alene district, in
northern Idaho, east of Spokane, dis
tributed among their stockholder
during November dividends to the
amount of $576,000 making the total
disbursement to date in 1907 s4,967,-
500, and $31 ,635,S07 since the discoy.
cry of the mines.
With demand for the metal at a
standstill, prices for copper have
eased off from last weeks figures.
The domestic consumers refuse to
nibble, even though such tempting
prices as 13 1-S cents are quoted. with
the result that the foreigners are nick.
ing up copper here and there at ad. |
vantageous prices.
AS producer of the precious met.
ais Nevada occupies a high place
among the states and territories of !
the Union. In value of gold product |
the state is outranked only by Colo.
rado, Alaska and California, while its
silver output gives it fifth place. Col.
orado, Montana, Utah and Idaho talk.
ing precedence.
All of the mines of the Anaconda
company, the Butte & Boston com.
pany and the Washoe, Parrot and
trenton companies will be closed and
the operations of the Amalgamated
copper company confined to the pron.
erues or the Boston & Montana com.
pany' which embraces the largest
mines in the Butte district.
The directors of the Amalgamated
copper company have voted to con.
unue curtailing the output of copper
from the mines of the company as
near as possible on a parity with the
present basis of consumption. It was
aiso decided to authorize the operat.
ing officers to close or continue in
operation such mines and smelters
as they deem best.
Ihree mills in the Bullfrog dis.
trict OF Nevada produced during No.
yember the handsome total of s1S1