The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-03-12
MINES AND MINI

Douglas Copper company va,
stroyed by fire one night lac
Fortunately, the occupants Of i, X
per story escaped without y
though scantily clad. y
The success of the 81 l,5OO Oo0 /,
Copper company bond issue I,
evident from the fact that shs,a
ers' subscriptions to first ipsts,s
of S750,000, due March 2, agprss
s742,OO0, leaving only $4,000 "a, 4
derwriting syndicate.
The resumption of work !,
Butte mines means much for n.
When the full force is back 4, 81
in the Amalgamated properties \,
more men will be at work than
employed two weeks ago. NJ
over $25,0O0 per month ,s
paid out at Pearl, Idaho, by the MI
and that figure is to be increase n
ing the summer, according to n, II
port of a prominent mining ma,
that camp. The sum paid out MI
ly at the Lincoln mine alone Il II
$4,000.
The rumor was current last IA
that the interests behind the M
pendent smelter, to be erected in MI
by Utah and eastern capitalists u
planning soon to break ground 70,
new enterprise, it being stated Al
work is scheduled to begin by the I
of April
Among mining men of Salt /,
City the opinion prevails that I
farmers of Sandy are out of hun
with the United States compapy \
cause the officials did not put 10 N
where from $4,000 to 100000 N
for the privilege of running Its N
furnaces.
The Logan Mining company, viii
owns valuable iron deposits at NJ
eral Point, in Cache county, held \
other stockholders meeting last vs
the result being the ousting of the
management, which, it is assert
tried some high finance" methods
while ago.
Renewed interest in the Virgin I'D
oil district has been aroused by h
announcement that Don Petty Of d
Angeles has secured the telTitoN
the Arizona-Utah Oil company Pe.
is connected with the STANDARD
company, which leads to the BEL
tnat the Standard intends to prosps
this district.
1t is stated in eastern publlcatig
that one of the considerations lead
the Ohio Copper company to consg
mate the mooted deal with the Bl
ham Consolidated stockholders '
the acquisition thereby of the NJ
cote tunnel This tunnel leads
the Ohio Copper resources, tapT
them at depth.
The Mohawk Silver Mining q
pany of Park City, with cap
stock of $4,000, in shares worth
cents, has filed articles of incorpI
tion in the Office of the secretary
state. The company owns the Quf
OF Hill group of nine claims and
Happy Thought group of three clai
ar Park City.
l.. H. Sloan, one of the pioneers
the Virgin River oil district, and
or the prime movers in the Utah
gin Oil company, has recently
chased an additional outfit from
Oil Well Supply company, and is
rushing the order through to
fields to complete the well alre
started by his company.
Word has reached Salt Lake 0
strike of oil in what has been teri
the Goodridge oil field, located at
twenty-five miles below Bluff, U
in San Juan county. The new
gets its name from the main operi
in the district, e. l.. Goodiidge,
has been drilling for oil in the in
ests of Salt Lake parties.
The governing board of the
Lake mining exchange has decided
arrange all the stocks on the bo
in alphabetical order. Heretoi
there has been a distinction betVt
developed mines and prospects,
listing fees being less for the lat
than for the former. But the list
fee is now 500, regardless OF 81
distinction.
Pearl, Idaho, twenty-five miles f.
Boise, is now the third camp in
state in point of payroll and MOI
expended for supplies. While
Occur d'Alenes rank first, with 81,
City mines second, Pearl now no
third place with abundant promise
sustaining it.
Butte has for a quarter OF
tury held the first position in copl
mining, and those who are best
formed have no doubt it will conul
to maintain that position indetinlls
The mines are physically in De.
condition than ever before in the
tory of the camp.
Reveille, Nevada, Is not new
tion by any means. 1t was opeTSD
in the '70's, and was productive
much wealth. A limited area is y
to have given up million and a Qg
ter of mineral, and not a hole ID
district deeper than 800 feet
Il a..