The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1908-05-15
MINES AND MINING

week and was up TO Si12ia.
Twelve cars Of ore were shipped |
from Phoebe during the past week.
During the year 1907 the mines OF
Utah distributed dividends tutaling In
the nelghborhood OF SS,OOO,uOO.
In spite Of the slump in the price
Of lead last fall the net profits of the
five big mines in the Occur d'Alenes
amounted in 1907 TO {5ll9S30.
According to what seems perfectly
reliable information, the output OF the
Bullfrog. Nevada. district for the
month OF April was above $4,000.
The Seven Troughs Kindergarten
company's new hftyton milling plant
rs practically completed and II is an.
uounced will be In good working or.
der before the close OF the present
week
The mining camp OF Phonolite. in
Nevada. which is receiving much at
tention those days as result Of the
recent discovery OF rich ores In the
Paymaster mine Is located about ten
miles from Lodi
Some OF the richest ore In the his
tory Of Nevada, state known ior It's
rich mines. has recently been en-
countcrcd In the pYmaster mine, at
phonolite, Nevada Some Of the ore
In this property carries over Fb5.OOO
In gold to the ton
The decree Of the United states
court In the shelter smoke suits
seems to be entirely satisfactory to
the Salt Lake valley smclters. Here
after the shelters will be given
chance TO make settlement before tho
farmers can bring suit,
In a report submitted by Vice Pres
idont Barbour TO the Balakalala COM
many. Il is estimated that II will cost
I'm tho nclghhorhood Of $4,000 TO
complete the work on the smelling
plant. but It will take two or three
months before II is completed.
ore Is being sacked for shipment
from the initial strike In the Bull val
ley district OF southern Utah that IS
expectcd 70 startle the natives when
It is thrown upon the market Some
of the most optimistic contend that
this ore will assay $4,000 TO the ton
The reports OF two Occur dAlono
mines for l9O7-the Federal Mining
A. Smelling company and the Bunker
nm and sullivan-show decrease In
net profits. This decrease was caused
by the heavy slump In lead and tho
subsequent curtailment OF production
The Grasclu Chemical companys
new zinc mill at Park city Is doing
splendid work on the zinc mlddlinG
product from the Daily Judge com
pany's mill, and Is meeting every eX'
pectation. The plant has a capacity
of 100 tons day. there being plenty
of material on hand for constant
work.
The blggost strike In Goldneld
within the past year was made on
MAY 4, when at depth OF 500 feet
in the main workings OF the Mohawk
mine OF tho Consolidated Mines com
many thirteen feet OF ore running
straight across, worth SCI ton, and
with no hanging wall In sight was
uncovered.
A dispatch received In Reno from
Rawhlde, Nevada, announces that the
richest strike In tho worlds history
has been made in the Koarns No
lease on the Rawhidc Queen at
depth OF III feet In IA crosscut inc
ore is said TO be more than halt gold
nothing like Il ever having been seen
IN Nevada.
IL is reported that Robert Bell
state mine Inspector for ldaho, IN
tends 10 retire from that position at
tho close OF his present term OF ONCE.
The Engineering and Mining JouthA'
gives MIR. Bell good deal OF ue,
served praise In a recent issue ana
expresses the hope that he VIII con
tinuo in the work.
While the camp Of Rosebud Ne
yada, Is not making much OF sur IN
the mining world these days, the
nows comes from that camp that de-
yelopment work is being vigorously
prosecuted on number Of the prop
critics, and that some sensational
discoveries are likely to be an
nounccd most any day
II is announced that p. C. Reagan,
operatlng n lease on the Mazuma
Hms Mining companys ground at
Mazuma, Nevada. last week dis
chraged one entire SHIFT for high
grading. II Is estimated that 1000
pounds Of ore averaging $50 per
mound was stolen before discovery
was made OF the operations.
In 1907 there were twonty.four min
ing companies in Utah that regularly
pald dividends TO the stockholders
owing 20 a series OF setbacks to
which the industry has been subject
ed. the mines will not pay nearly 80
well this year as last, but they arc
lust as rich as ever, and time VIII
remedy present conditions.
A Boston dispatch announces that
there is no longer any question that
the American Smelling and the
American Shelters Securities com
panles will not renew their selling
contract with the United Metals com
many al the end OF this month, and