The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1908-01-17
MINI + AND MINING

| va a' NN aus output
/ ore Shipments from Park city for
the seek ending January a. in
pounds Nue as follows silver King.
SlIItVk hy.Judgc, $4,000. DAILY
West b'o'11. total. l5y27GO pounds.
The iohI production OF copper 10
the unilt States for 1907 was not
Tar nom UUopO.OOU pounds. valued az
sSisiGoN which is equivalent To
nearly Gopor cent OF the worlds sup.
ply.
In December Utah mines are cred.
tied via production OF $500 600
pounds q copper, as against 10000.
600 for November. Tho December
lead ouint Is given as lO75O.ooO
pounds.
One hundred and twenty miners
left salt Lake on January Z TO work
In he nincs OF Goldhcld Most Of
the men we're miners who had lost
their podlon as result Of the close
down Of he Park city mines.
II tho United States continues 10
multiply h. production OF gold at the
rate Il hH Ia the last seven years.
that Is ipm s6.OOO.OOO to $1,000. 900
per ahnun Il will not be long before
the Iranuaal will have to forfeit first
place.
The year 1907 will long be- rcmcm.
borcd by The mining industry for it's
six months OF unusual prosperity.
three motihs OF relaxation and three
months q surprising depression.
writes 9. { schattcrback OF the Min.
ing wori
The Whole camp OF Ycrington. Ne.
vada, rs 'ather quiet. but practically
all thu hrge companies now closed
down. with the exception OF a few
men each are ready and equipped for
the old'the activity as soon as the
word to mart IS given.
The so.dy Coal company, operating
mines and coke ovens az Ratnburn.
sixteen miles from Chattanooga.
Tenh, has closed down the plant and
about l@ men are idle. The men
resisted g proposed reduction In
wages Accounting to 10 per cent.
Al Injunction restraining the Mon.
tana MiaIng company. Limited. from
mining De compromise strip during
the pend,ncy OF the suit concerning
It's possession. IN which the 50. Louis
Mining Milling company Is the
plaintn. was granted by Judge VII.
liam II. Hunt OF the federal court at
Helcna hat week.
Undoubtedly the most profitable
branch d the metal mining industry
In the ulted States Is copper. judg.
Ing BY De fact that twenty.seyen OF
theae puperties have paid dividends
amomtig TO the large total OF $50.
4O5. t,spzi 1907. The average return
for teyear was about 2s per cent ON
the outstanding capitalization OF Si7S.-
705.E5
Biirog papers announce that the
Bullirog Leasing a Milling company
expecu 70 have It's twenty.nve.ton
cyanldIng plant In commission by the
first Of the coming month. This com.
pany owns n lease on the Bullfrog
PioneG group, and the officials expect
by the close OF the year TO have a
plant capable OF treating 100 tons Of
ore per day.
Representatives. Of tho shelter
trust have announced that they are
now prepared TO take all Goldheld
ores offered up to 500 In value. and
pay cash therefor. on ores running
higher they will pay 500 cash and
the remainder In forty.nye days. En-.
couraged by this new ruling OF the
smeltef trust, several mines are pre-
pairing 10 start up.
Heretofore the borax supply for the
whole country has come out OF
Death Valley In Nevada, and II was
understood that little borax ground
was TO be found elsewhere Now
Harvey county, Oregon, has entered
the field. and II Is said has a large
area OF very rich borax deposits. and
several different companies viii begin
work In the spring.
The Bullfrog district OF Nevada liz
full OF two things. one being low.grado
gold ores, the other being rumors OF
concentrating plants. The camp dis.
tinctly Is milling camp, and II will
be only by the installation OF mills
that stOckhOldpra I'm BullfrOn mines
Will be able 10 secure a substantial
return their investments, says tho
Salt Law Tribune.
A gratifying feature Of the last year
has beed the payment In dividends Of
Sl75.512t7 by 1877 concerns afliliated
with thdI mining and metallurglcal IN
dustries h the United States. Since
their Incorporation these 1877 con
Germs have declared In dividends the
fabulous kpm Of Si.491 1852, which
Is equi, nt 10 about SS per cent on
the outs ding capitalization OF 81
7O2 O4G,it
A new u company was organized
In Utah ID week under the name OF
the JuabI n and Pipe Line company
Their wkb will be at Juab station
on the lbk OF the Salt Lake Route
where 10 experts who have visited
the count are sure OF favorable re
suits.
There 3 fully 100 people In Raw
hide, New Ia, now, plenty OF All sorts
of stores nge been added. and the