The Garland globe. [volume] (Garland, Utah) 1906-191?, 1908-01-25
MINES AND MINING

cents per smart, OF $3,VVV IN all.
A quarterly dividend of one-half OF
1 per cent was declared by the Anal
gamated Copper company on the 10th.
The previous quarterly dividend was
per cent.
Copper is still being shifted to
Europe In an attempt to lessen
stocks here and stiffen the market,
but the effect does not meet with
much success.
Ore shipments In pounds from Park
City for the week ending January IS,
were as follows: Silver King, $4,000;
DAILY Judge, 100000; DAILY West, 300.-
900; total, $4,000.
The Utah Copper mill and mine are
running full blast. At the mill from
seventeen to twenty cars q day are be-
ing used and at the mine from seventy
Ave to one hundred cars day.
An appeal has been issued to the
Salt Lake valley farmers to accept the
proposition of the Utah Consolidated
company to pay 3125.000 and stand
for damages in order to run its valley
smelters another fourteen months.
Utah mine operators representing
more than fifty producing mines and
practically all Of the productive
camps, held most enthusiastic meet
ing In Salt Lake City last week and
organized the Utah Mine Operators
association.
1t is announced that the mining op-
80
services Of prominent member of
the American Mining congress. who Is
to organize State Mine Operators
association, such as Is under forma-
ton for Utah.
To exploit and advertise the oil In
terests, Juab county. Utah, Is to have
weekly newspaper devoted entirely
to these interests, known as the Juab
County OIL Derrick. Experts have dis
covered well defined oil belt four
miles long and 500 feet wide.
Down on the lower levels Of the
Mohawk mine at Goldfeld, the man.
agement has opened twenty.four feet
OF ore which will not average below
$3.50 to 5000 per ton, and with prac-
tically no ground yet developed in pre-
portion to ground available.
It Is learned on reliable authority
that concerted effort Is being made
by the mining companies of Nevada
and other western states to create
greater demand for silver. and In that
manner influence the government to
increase It's purchase of the metal. The
plan Is to pay of the employees In half
silver.
What differences that have existed
between the Miners union and the
Mine Owners association at Phoebe
in relation to the wage scale have been
satisfactorily adjusted for the present
at least. AS result the Nevada
Utah corporation has very materially
increased its working force at the
Day mine.
Last week thirty-five mechanics
were sent from Salt Lake City to Nc
Gill, New, to work on the big milling
and smelling works at that place. All
but few of the men sent out were
brickmasons, and the object, 1t Is said,
is to rush construction work so the
mill and smelter may begin opera
tons by April.
The directors of the Boston & Mon.
tana Consolidated Copper and Silver
Mining company, one of the constitu-
ent companies of the Amalgamated
company, last week declared a quar-
terly dividend of 81 per share and 81
extra. This compares with 81 a
share regular and 81 per share extra
three months ago.
Just now, after two or three months
of retrenchment in production and
"house-cleaning," the copper trade is
assuming somewhat better atmos-
phere appearance. Prices show frac-
tional recovery, and with easier
money even the copper share market
is improving, and the prices will prob
ably soon hover around 10 cents.
For some time past there has been
developing tidal wave of discomfort
| between the smaller mines and the
| American Smelling & Refining com
pany, as a result of the arbitrary man
| ner in which ore treatment charges
! are regulated. AS result the small
| producer is talking of Independent re-
fneries as a means of getting even"
A review of the metal market OF
| 1907 shows some interesting features.
1t appears that the slump did not affect
all the metals TO the same degree.
/ says Mining Science. Silver, for in
stance. lost only 25,7 per cent of its
| high value; copper. on the otlier hand.
slumped off So per cent. Tin, lead and
| spelter each lost from 40 per cent to
| Al per cent.
Henry Louis, in the Mining Science,
calls attention to a matter that will
prove of interest to mining engineers
and mining writer's, He states that II
is a well-known fact that ore chutes In
a mineral vein do not, as a rule, coin
eide with the dip of the vein. but make
an angle with it in the same way that
lenticular masses often are oblique to
the direction of maximum dip of the
nlaCp In which thaV lie We cupQacta