The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-03-05
MINES AND MINING

Bar.
1t is announced from Boston that
the annual meeting of the Utah Con.
sulidated company will be held on
April 81.
The treasury department last week
purchased 1890 ounces of silver for
delivery at Denver and San Francisco
rt 55.666 cents per fine ounce.
There are persistent rumors of
possible resumption of mining opera
tons at the Anaconda mine, and prob
ably at the North Butte and Butte
Coalition mines at Butte.
Perhaps no district has been born
in Nevada during the resurrection
period of mining that has had such
hard fight to fame as Rawhide. The
camp is over year old, and the boom
has just started.
The sixty-two.mile transmission line
that is to carry electric power from
the Beaver County Power company's
| plant to the Cactus mines and mills
of the Newhouse company, is now
nearing completion
The mines of the Boundary district
~
1907 produced 35,500,000 pounds OF
copper at cost ranging from 10 Ia
cents at the CRANKY to IA cents at
the Dominion mines.
About the only argument one hears
against the use of silver nowadays,
says Mining Science, Is that 1t Is
too heavy and clumsy for common
use; that pocketfull of silver pulls
the clothes out of place.
| Today silver Is selling at about IL
cents per ounce less than 1t did year
ago, when trade expansion required a
larger supply of small coin and when
the more important buyers who ship
to the far east were in need of the
metal.
Advices from Iron county are to the
effect that remarkably heavy fall OF
snow has occurred there and the re-
suit will be that freighting from
Lund into the Virgin River oil coun-
| try will be retarded for perhaps twen-
| ty days.
The Graehl Mining and Milling
company of Brigham City has filed
certified copy of it's articles of incor-
poration in the office of the secretary
of state. The company is capitalized
for 100000, and owns nine claims
near Brigham City.
On account of the labor troubles at
Goldfield, the production of Its mines
continues to be nominal. The Com
bination mill reduced during the last
week in February 600 tons and the
Kinkead mill IT'S tons of an aggre-
gate value of about $4,000.
At the Yampa smelter, Bingham, an
average of about 600 tons of ore a
day is now being reduced to base bull
lion, and this is being shipped to the.
refineries at Crome, N. j., for refining.
Gradually the smelling works are
being brought up to their highest
point of efficiency.
New rollers and screens are being
installed in the Shoshone mill, says
the Beatty Miner Work in the mine
nas not abated. The fact that the ore
chute has been entered en- the 600
foot level of the mine, and the ore
found to be richer than in the levels
above, places the Shoshone on par
with the best mines in the state.
Daniel Guggenheim, president of
the American Smelling & Refining
company says: Copper, in my judg-
ment, has taken the place formerly
held by steel and iron as the index or
business conditions. The metal felt
the reaction last year months in ad-
vance of steel and general mercan-
In n
turn upward in the tide"
Sarah e. Karrick has filed an action
againt w. B. MacSherry, in the Tnird
District court, to recover $4,000 and
interest from January 90, 1905,
amounting in all to s2,49S.33, which
she paid to the defendant for 1000
shares of stock in the Sierra Nevada
Exploration company.
Ore buyers in the Salt Lake valley
are now prepared to take all the ore
they can get, it Is said, but operators
are apparently IL no hurry to resume
production so long as the metal mar
ket remains at its present stage. And
yet metals are not so low as they
were four years ago.
A mining corporation capitalized at
$4,000, with shares at one cent each,
has been organized in Ogden, under
the name of the Rare Metals Mining
company. 1t is the purpose of the
company to develop its property in
the Weber mining district in Weber
county at an early date.
The enormous sales of copper for
export, amounting in February to
considerably over 1OO,OO0,OOO pounds,
has called forth statements to the eff
feet that the American consumer had
much to learn from his foreign com
petitors in the matter of securing
low cost copper supplies,
Thus far in February the United
States Metals Selling company has
QnA AlA IAnIinde Of Iha