The Garland globe. [volume] (Garland, Utah) 1906-191?, 1908-06-13
MINES AND MINING

me DeWey anu buChy hluBe ltds-
ers, at Pearl, Idaho are working
double shifts, making good progress on
their cross cut tunnels.
The Seattle Post.Intelllgencer, after
receiving reports from all points in
the north, estimates the gold output Of
the coming season for Alaska at s26..
600, 900.
The heaviest business in the history
of the Salt Lake Mining Exchange
was recorded on June 5. During the
day, 27S,375 shares were traded in at
a price aggregating s2i5,446.
The Black Pearl mine at Pearl,
Idaho, Is operating an eight.stamp
cyanide process mill on their property
which has capacity of fifty tons n
day and employs about thirty-five men.
News from Buffalo Hump is that
| there is unusual activity in the camp
this spring. The Del Rio mine is one
! of the most promising. The miners
have recently struck about eight feet
| Of good ore.
Twenty-nine gold, silver and lead
| properties, having outstanding s94,-
| l57,200 In stock, declared dividends
Of S3,497 ,399 for the FIVE months this
year, making a total of S74,9l6,S39
since organization.
The Harmony Anthracite Coal COM
| pany has just been organized by a Los
| Angeles syndicate. The company will
be active in southern Utah. The new
company is capitalized for one million
shares at 81 share.
New machinery is being installed at
the Utah mill at Garfield Just as fast
as 1t arrives from the east The lat
est machinery received is in the line
OF Gillian mills. The apparatus has
a capacity of 1875 tons.
Twenty men will be employed at
the Mount Marshall mine, in the Mar.
shall lake district of Idaho this sum,
mer j. Il. Stewart, manger of the
property, has been busy the last week
or two arranging for supplies and ma.
chinery.
| The Hecla mine of Beaver county is
expected to begin shipments to the
United States Smelling and Refining
company by July /. The ore carries
lead. gold and silver Gold occurs in
such proportions that IL is the most
valuable of the metals found in ore.
The Hecla Checkmate Mining com.
pany OF Pearl. Idaho, is opening up an
extension of the Whitman mine which
IL conceded TO be one Of the best pay.
ing properties in the district II not in
the state. These claims join and the
Whitman is opened up to the end line,
In an address at the Chamber OF
Commerce luncheon In Goldheld. J. p
Lotus. one of the biggest and most
conservative mine owners and oper
ators in the district OF Goldfield, SAID
that in the four and half years since
the district began to produce IL has
produced $2O.0O0,000 in gold, or 81,
100000 annually.
There is much excitement at Co
bre. Nevada, over the discovery OF
high-grade silver and copper ore about
twelve miles east OF Cobre, in the Lo
ray mining district. A ledge of the
red and white metals ten feet wide,
carrying II per cent copper and 300
ounces silver has been uncovered at q
depth of twenty-five feet.
Out of the income for the next six
months the directors of the Pittsburg
Silver Peak mine deem II imperative
ly necessary to expend about 100000
for additions to the pumping plant
houses for the workmen and additional
equipment for the Silver Peak rail
road. For the month of April the Sill
yer Peak reports a profit Of $4,000.
The courts have confirmed the sale
of the Sewer Consolidated Gold, Sill
yer and Prospecting company. The
property sold last week by the re
ceiver for $1OS,OOO to w. H. Secgmil
Ter OF Richfield. The company owes
over quarter of million dollars II
is understood that Mr.. Seegmiler rep
resents the creditors of the company
Development work being done in
virgin ground Of the Horn Silver in
Beaver county Utah, Is showing M
excellent copper indications. Although
the Horn Silver is the oldest mine in
the district and has been I'm cOntinu
| GUS operation LOT ABOUT forty years
the ground to the north of the princi
pal workings has never been devel
oped. ...
The annual report of the Amalga
mated Copper company says the com
panies owned wholly or in part by the
Amalgamated Copper company pro
duced in the calendar year 1907 from
their own and custom ores about 2l2,
100000 pounds of refined copper, o
which amount the Amalgamated Cop
per company received the benefi
from about l7S,OOO,OOO pounds.
The case of the Western Loan an,
Savings company of Utah VS.. tn,
Butte and Boston Consolidated Min
ing company, of Butte, involving tn,
question whether ore reducing works
| no 40