The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-07-09
MINES AND MINING

picIih ullHinS ulStIlCt VIII nc ono Oh
the busiest sections in northern Ne
vada.
Manager II. s, Giles of the Giles
Mining company's properties In te
Big Cottonwood district, states that
the seasons work on the strike made
last fall will begin at once. During
the winter work was confined to ad-
vancing the long tunnel.
The strike made by II. s. Chafey on
the Dun Glen mine, In Sierra district,
only twenty miles southwest of Win
nemucca, and only few miles from
the railroad, is proving to be one OF
the richest strikes made In the state,
according to the Humboldt Star.
The ohio.Kentucky company. oper-
atlng Mt Phoebe. has Just completed
the purchase of the eight claims be-
longing to the Nevada-Pioche COM
pany, for $4,000, and through the
zeal secures holdings that are to
prove invaluable to the purchasers.
June was tremendous month for
the Salt Lake mining exchange, the
trading surprising anything ever ex-
perienced by the exchange. During
the month a grand total of 4,666,519
shares of mining stock sold on the
floor, the sales amounting to the cash
valuation of $2,84S,579.05
Samuel Newhouse has sent letter
to the officers of the Salt Lake Stock
d Mining exchange asking that
committee be appointed to confer
with him, on his return from the
cast. on the subject of the new ex-
change building proposition that has
been under consideration for some
time.
The Kinsley mine OF Nevada is still
pegging away on an ore body which
VIII range from two to Ave feet In
width. The ore will average close
to $75 per ton, and as soon as suffici.
ent tonnage Is accumulated the man
agement will make arrangements for
road tracks.
Rich gold-bearing quartz has been
found within fifty miles OF Rock
Springs, Wyoming. According to the
assayers' reports one of the samples
ran up to s1,243 TO the ton. while
other samples sent In went less than
81, but all carried a trace of gold
The find has caused considerable ex-
element in that section.
The enlargement of the Montgom-
cry Shoshone mill at Rhyolite for the
treatment Of Tonopah Extension ores
q hntnU htr tha
Schwab interests. While definite
plans have not been announced, It Is
understood that the scheme is to In
stall twenty-five stamps and addi-
tional cyanide tanks and equipment.
An increase of about 80 per cent in
the capacity of the Garfield plant is
contemplated, and, when 1t is consid,
cred that Its ore supply is practically
Inexhaustible, there is excellent war
rant for the belief that within two
years the Utah Copper company will
be producing the red metal at rate
well up to 100,00O,000 pounds per an
mum.
The June copper production of the
Butte district will be little more than
100000 pounds. Operations for the
month average less than 80 per cent
of normal, on account of food dam
age to railroad and wreck of portion
of the Boston and Montana smelter at
Great Falls. None Of the mines aver.
aged more than twenty days during
the month.
Child, Cole e. Co.. the well known
Salt Lake brokerage firm. has just
issued a splendid, up-to-date map Of
The Park City mining region. which
includes about everything there is In
the Uintah, Blue Ledge and Snake
Creek districts, which surround Park
City, as well as the American Fork
and Big and Little Cottonwood or
Alta region and districts.
James c. Donnell, general manager
of the Ohio Oil company, has issued
a request that oil drillers of the coun.
try curtail their production until a
market can be had for the purpose of
the supply of oil. He says 1t Is i'm.
possible to build tankage for the
production and there Is being pro.
duced daily in the Illinois oil field
alcne more than $1,000 barrels.
1t is the intention of the Utah Cop.
per company management to inaug.
urate quarterly dividends September
so, at the rate of SO annually. The
company now has s1,000,000 cash on
hand, and it outputting copper at the
rate of 50,000000 pounds yearly, max
ing 1t fifth In the United States in
copper production. Application has
been made to list the stock ON the
Paris bourse.
It is announced that the old Silver
King mine at Park City will be run
ring at full capacity within a few
days For some time past the com
pany gradually has been adding to
its working force. and a practically
complete force Of men is now at work
Work on the Bull Valley mine is
reported as progressing faVorah1v