The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1907-10-25
MINES AND MINING


Mining men win do we'll 60 keen an
eye on the Marshall lake section.
Idaho ln addition 10 the richness on
rs ore. % is free milling and can DO
worked cheaply Timber and water for
80 purposes is convenient
Adyicos from Boston are TO the Of
feet that a prominent copper producer
Who is In close touch with the situation
Says Calumet & ilccla D. shipping cop.
| per- TO Europe I'm large quantities In
anticipation Of a big buying movement
Excitement is running high over t.
report Of the richest strike ever made
iu the GoldHcld district The strike
VAS made In tho Frisco Golddeld mine.
two and hair miles south OF the city.
and the orc Is said TO assay $4,000 to
he ton.
" II Clark Of the Nevada HiIls has
another bonanza az Round Mountain.
thirty miles north Of Manhattan. the
sphinx II is strictly a gold property.
srd absolutely free milling. and a mill
Is 90 be Installed at once 10 manufao
turo gold bricks
acids. aqua regia. or alkaline solutions
Il can be drawn into Hno wire. having
tonsile strength greater than soft
Bior' Tantalum rs now employed
principally as nlament In an electric
incaudoaccnt lamp. which was put on
the American marko, In 1906
Tho Amalgamatcd Copper company
on the 18th declared a quarterly divi.
dend Of per cent, a. compared with
dividend Of 2 per cent. for the last
previous year. This makes the annual
dividend rate Z per cont. as compared
with per cent the previous year.
According to adyices from Goldneld,
shoot Of rich ore has Just been On.
oeuntered on the third level Of the REQ
Top mine IN a drift which was started
south In the big vein on scam Of
good ore. Samples OF the now md 70
semblo the high grade Of tho Mohawk.
There Is a disposition In certain min.
ing circles TO contest the legality OF
the law passed by the last legislature
regarding tho special mine corporation
tax. II Is claimed by companies own.
INK properties. but not now operating
tho same, that their organizations arc
subjected wrongtully to double taxa.
ton
Pc .imism on copper, both as 10 tho
meta Qnd to the different corporation
stocks based on that great commodity.
Ia apparently on the Increase. notwith-
standing that sentiment has ben con
tinuously adverse TO copper for many
months. The copper metal marker
shows no signs whatever OF improve
ment
The capacity OF tho sunnyslde min
At Round Mountain has been mora
than doubled within the last month
and the daily run ~ something like
forty tons. with a proportionate larger
output IN bullion. on the 250foot
level a iine body Of very rich ore has
been opened mp which shows free gold
plainly.
Tho Ubehcbo district. TO the north
Of Death valley ~ TO have n railroad.
The road will run through Willow
Springs wash 10 Sand springs and will |
be accessible to an tho mines ON the
south side Of Gold mountain Il will |
also be within striking distance ~
Tule canyon, Revenue and the old Tn
Gle sam mine.
During 1907, according 10 statements
emnnating from Wall street, twenty.
seven railroads have deprecated 1891.
3i9. 100. and twcnty.thrce industrialA
deprecated TO the extent Of S3i3.76b,.
0lS. The Boston News Bureau now
states that during the same period
forty.six copper companies have de-
preclated s526.OO00OO
Some remarkably rich ore has re-.
comfy been discovered In the Dead.
wood Basin district Of Idaho. assays
as high as si2i In gold and
silver the veins being large ones.
Specimens OF the ore show rich In lead
and silver. some Of II containing al.
most native lead The claim is 90
miles from Boise 40 from Placeryllle
and % from Knox.
l.. A. Friedman, the father OF the
Seven Troughs district" In Nevada, II
to build q mill OF ten or twenty stamps
In Seven Troughs canyon. The con.
struetion OF the mill will be- pushed
with all possible yigor sunciont water
me tho operation Oi such a plant has
been developed, and the development
OF tue diatrict will be materially / 'ded
upon In completion.
ono OF the most important strikes
made I'm the Goldneld district during
tho past six months developed a few
days ago on the Victor. adjoining the
Gold Bar on tho east ana the Hat, one
Ut the Blue Bull eompany's claims, on
the west, the ore running $50 10 N
ton
one thousand tons OF ore averaging
500 per ton Is the shipping record OF
Tho Montgomery Shoshone for the
month Of September. This means a
yriu-tion OF 100000 in a single month
and II the same shipments are main,
tanned an annual valuation OF $1,000.
200
The Little Florence Mining com.