The Utah County Democrat. [volume] (Provo City, Utah) 1898-1909, 1908-09-01
Mn Els AND MINING

Horace j. stevens OF BOughtOn,
Mich, a copper expert, predicts
higher price for copper and believes
that the metal will go to l6 or II
cents.
Several of the Utah mining com.
panies have been notified that on &C.
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 It is to be built on
Little Cottonwood creek, about two
miles below Alta and will develop
from 800 to 400 horsepower
r. H. Thomas. president of the New
York stock exchange, has appointed a
committee of FIVE members OF the ex.
change to investigate the heavy sales
Of stock on August %, when II is al.
legged matched" sales were made.
The board of governors of the Salt
Lake Stock and Mining exchange has
formally launched the campaign for a
new building on the lot presented by
Samuel Newhouse to the exchange by
naming a finance and building com.
mittee
There are some valuable placer
claims being worked in the Cariboo
country, near Idaho Falls Idaho. The
Carriboo country has, in its day, been
one Of the great gold.produclng sec.
tons of the west, some S13,O0O,O 900 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 10 cents
being snapped up by an eager public
| in short order.
Dlamondheld Jack Davis was the
first 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 a 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 al
the United States smelter a shipment
of three small carloads Of ore which
will net the company approximately
$4,000, the ore bringing a little bet
ter than 800 ton.
A discovery has recently been made
on Elk Creek, ii miles northeast o
Idaho City, Idaho. that gives promise
of becoming a very valuable mine
The ledge is three or four feet wide
about 10 inches OF It being hard quart
that will mill at least $40 ton.
The Alpha shaft of the Giroux Con
solidated, at Ely, Nevada, has reache,
the 1,200-foot point and the work o
cutting a large station there has beel
begun. The expected flow of waite
has not yet been encountered Tn
miners are still digging in the bi
body of ore than contains II per cen
copper.
A dispatch from Idaho City, Idaho
says II Is reported that Leo internal
rer has made a valuable quartz dis
covery on the south side of More
creek opposite Twelve-Mile creek. II
is the discoverer of the famous Ha
Fork mines, and the new discovery
about two miles southwest of thes
mines.
The Grutt Hill Mint lease at Raw
hide, New, is receiving returns fror
the rich ore sent to mill and smelteI
one shipment putting the lease on We
vet. For 80 tons of ore the leasers r,
ceived draft for s24 ,425, and froI
two bars of bullion the result OF
mill run at the Gates plant, $4,000,
total of $29.025.
Twelve miners will put to wor
soon in the tunnel of the Goldbul
: one Of the group of quartz claims o
Hay Fork bonded to Montana an
Ada county men by Leo and Anton
: Unternahrer, says the Idaho Cit
} World This tunnel will be driven
4
: to be on the same vein.
. The Gold Development company
Utah is just lnaugurating in II
Marysvale district the greatest car
paign of development ever underta
. en- In southern Utah. II expects
expend inside of the next eightee
months from 100000 to 100000
. power plant, tramway lines and
opening its extensive gold propertie
A conference dealing with mimi
conditions existing In the Unit,
States and the great number of !
talities resulting from mine acciden
is being held in Pittsburg,
thorough investigation of rece
recent mine disasters at NJ
nongah, w. Va, Jacobs Creek, p
and Fayette City, Pa, will he mad
The abandoned mine at Hanna, Wy
where seventy miners met death, "
also be visited, and about eight wee
will be spent In the investigation
this country.
The Silver King Gold and CopT
/ Mining company, which has be
| working several men for over a ye
| on their group Of claims four mil
| from Mackay, Idaho, are at prese
: sacking ore from their No. clai
which will net them a handGol
prOfit