The Garland globe. [volume] (Garland, Utah) 1906-191?, 1908-10-17
MINES AND MINING

/
placer and quartz mining being
active.
with force of fifty men opera.
| ions have been resumed on the
| Midas GaIena Mining company prop.
| cities at Garfield bay, reports
| Standpoint, Idaho, paper.
There are two new mills in the
| Atlantic district in Idaho, which were
| installed in mines where millions in
ore was blocked out before wheel
turned These mines are now good
producers.
The immense deposits Of alum and
ammonia near Marysvale are finally
to be utilized, it being announced
that a Salt Lake syndicate is prepar.
ing to work the deposits on an ex.
tensive scale.
The Glencoe Mining company OF
Park City has purchased the old Cal
ifOrnia mill property, which has been
dismantled and moved over to the
Glencoe mine. where it is to be util-
lied in the future.
The mining operations in the Sol.
der district in Idaho are resuming on
larger scale than ever heretofore.
New properties are being opened up
and extensive development work has
been done this year
The South Iron Blossom Mining
company, whose property Is in the
| Tintic district, has listed its stock on
the Salt Lake mining exchange. The
company Is capitalized for 100000
shares of the par value of 10 cents
| each.
Majestic mines, owning about so
per cent of the $5l4,000 of bonds of
the Majestic Copper company, has
permitted the default Of interest on
| the entire bond issue. 1t has a right
to do this under the terms of tho
| mortgage
Up to September 30 there was
shipped from the Black Hole mine OF
| Chafey, Nevada, to the sampler at
| Hazen 200 tons of ore which aver
aged over $40 ton. There has been
milled at the company mill In Chafey
| 376 tons of ore which averaged $25 a
ton, the mill saving SO per cent of
| the value.
Within 200 feet of its shaft, on the
2OO-foot level, the Harris lease has
cut the famous ledge or the Seven
,'roughs Mining company. The ledge
is seven feet wide at the point where
| Il has just been opened, which Is
something more than 400 feet north
| Of the Seven Troughs Mining com
lany's Fairview shaft.
| The new plant of the Graselli
Chemical company designed to treat
! the zinc ores of the DAILY Judge Min
ing company at Park City, is nearing
completion. The plant at the start
will handle from rs to 100 tons OF
Gre a day, and 1t Is so constructed
that the capacity may be easily in
creased from time to time.
Domestic copper producers have
been informed. that about 100000
pounds of electrolytic copper OF
! American manufacture will be re-
ouired for the electriiication of 1910
miles of railroad In Sweden. The
conversion from steam to electricity
has been decided upon, and work will
be begun early next year.
II the prediction of Daniel Guggen-
helm that the price of copper will
soon go much higher comes true, the
copper mines at Mackay, Idaho, VIII
be reopened. This would mean a
pay roll of about $4,000 per month In
Mackay and will be the means OF add
ing greatly to the industrial activity
of not only Mackay, but all southern
and central Idaho.
In the Beaver Carbonate mine at
Frisco a drift is being run from the
bottom OF the 700-foot shaft In low
grade ore which shows steady I'm
proyement in values, and 1t is be-
lieved that from 100 to $50 feet fur
Their will take II to the shoot of high
grade ore from which large produc'
ton was made in the early days
down to the-400-foot level.
A receiver has been appointed for
the Dominion Copper company, oper'
ating In British Columbia. The APP
ointment was made upon the appli'
cation of the National Trust company
If Toronto, trustee for the companys
outstanding 100000 per cent
bonds. The principal factor in bring
ing about this receiyership has been
the prevailing price of the copper
market.
There has been material improve
ment in the position of the copper
market in the last few months, and
II signs do not mistake the near fu
ture will be brighter than the periods
Immediately preceding the tinancia
furry last fall, says the Mining
World.
A dispatch from Redding, Cal, says
the iron workers are laboring day
and night now rushing the Balakalala