The Garland globe. [volume] (Garland, Utah) 1906-191?, 1908-09-05
MINES AND MINING

higher price for copper and believes
that the metal will go to l6 or ~
cents.
Several of the Utah mining com
panies have been notified that on ac-
count of the moving OF the beet crop
and requirements for handling coal
their allowance of cars for carrying
ores must be curtailed
A power plant for Alta district Is
about to be built by syndicate Of
Alta operators. 1t Is to be built ON
Little Cottonwood creek, about two
miles below Alta and will develop
from 800 to 400 horsepower
X. II. Thomas, president of the New
York stock exchange. has appointed a
committee of Ave members of the ex-
change to investigate the heavy sales
Of stock on August 90, when 1t is al
legged matched" sales we're made.
The board of governors of the Salt
Lake Stock and Mining exchange has
formally launched the campaign for q
new building on the lot presented by
Samuel Newhouse to the exchange by
naming finance and building com
mittee.
There are some valuable placer
claims being worked In the Cariboo
country, near Idaho Falls, Idaho. The
Carrlboo country has, in its day been
one of the great Igold-producing sec
tions of the west. some $13,O00,O0O be-
ing taken out.
Treasury stock of the Plutus Min
ing company, the latest Tintic prop
osition in which the knights are in
terested, was thrown upon the market
last week. 100000 shares at Is cents
being snapped up by an eager public
In short order.
Diamondfleld Jack Davis was. the
srst Goldfeld man to reach the new
gold find near Indian creek. Davis
says that the big ledge In which the
values are found cuts the formation
of quartz mountain, and resembles
Delamar, New.
The local mining outlook has never
been so good In twenty years, says
the HALEY, Idaho. Times. Many OF
the mines that we're then closed are
reopened. and the others will doubt
less soon be, unless some unforeseen
cause intervenes.
The Uncle Sam Consolidated Min
ing company has recently cleared at
the United States smelter q shipment
OF three small carloads of ore which
will net the company approximately
$4,000, the ore bringing q little bet
ter than 800 a ton.
A discovery has recently been made
on Elk Creek, IA miles northeast OF
Idaho City, Idaho, that gives promise
OF becoming a very valuable mine.
The ledge Is three or four feet wide,
about 10 inches of II being hard quartz
that will mill at least $40 a ton.
The Alpha shaft of the Giroux Con-
solidated, at Ely. Nevada. has reached
the 1.200-foot point and the work Of
cutting large station there has been
begun. The expected flow of water
has not yet been encountered. The
miners are still digging In the big
body OF ore than contains IL per cent
copper.
A dispatch from Idaho City, Idaho,
says II Is reported that Leo Unternah-
rer has made n valuable quartz dis
covery on the south side of Mores
creek opposite Twelve-Mile creek. He
is the discoverer OF the famous Hay
Fork mines, and the new discovery Is
about two miles southwest OF these
mines.
The Grutt Hill Mint lease at Raw
hide. New, is receiving returns from
| h. oh 10 ,..tI
one shipment putting the lease on vel
vet. For so tons of ore the leasers re-
ceived a draft for $24 ,425, and from
two bars of bullion the result of a
mill run at the Gates plant, $4,000, a
total OF $29,025.
Twelve miners will put to work
soon In the tunnel of the Goldbug,
one OF the group of quartz claims on
Hay Fork bonded to Montana and
Ada county men by Leo and Antoine
Unternahrer, says the Idaho City
World. This tunnel will be driven Ia
the Switzerland, which is beliaved
to be on the same vein.
The Gold Development company oil
Utah is just inaugurating In the
Marysvale district the greatest cam
paign OF development ever undertak
en- In southern Utah. It expects Il
eXpend inside of the next eighteen
months from 100000 to 100000 In
power plant, tramway lines and IN
opening its extensive gold properties
A conference dealing with mining
conditions existing in the United
States and the great number of ia
; talities resulting from mine accidents
! Is being held In Plttsburg. A
; thorough investigation OF recent
h. recent mine disasters at Mo
, nongah, w. Va, Jacobs Creek, Pa
|. and Fayette City, Pa, will be made
I The abandoned mine at Hanna, Wyo-
where seventy miners met death, will
I, also be visited, and about eight weeks
will be spent in the investigation in
this country.