The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1908-01-24
MINES AND MINING

The directors OF the Utah mine met
last week. in regular monthly session.
and posted the usual dividend Of
cents per share. or $1,000 IN ALL
A quarterly dividend OF one-half Of
per cent was declared By the Anal.
gamatod Copper company on the 10th.
The previous quarterly dividend WAS
/ per cent
Copper ls sun being shifted TO
Europe I'm an attempt 20 lessen
stocks hero and stinon 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, 33i 900:
DAILY Judge 100000 Daly West. 3OO,-
900. total. $4,000.
The Utah Copper mill and mlne are
| running fun blast At the min from
foycntcon to twenty cars a day are be.
Ing used and at the mine from seventy
Eve TO ono hundred cars a day.
An appeal has been issued 10 thv
Salt lake valley farmers to accept the
proposition OF the Utah Consolidated
company To pay $4,000 aud stand
for damages In order TO run ia valley
smcltors another fourteen months.
Utah mino operators representing
moro than nifty producing miucH and
practically an OF the productive
camps. held q most enthusiastic meet
Ing In salt Lake City last week and
organized tho Utah Mine Operators
association
It rs announced that the mining OPP
/ orators of Montana have secured the
/ services Of a prominent member OF
, the American Mining congress. who IL
, 10 organize state Mine Operators
association. such us is undcr iorma-
Z ton for Utah.
, 10 exploit aud advertise the oil In.
y forests. Juab county, Utah, IS TO haze
weekly newspaper devoted entirely
to these interests. known ms the Juab
County oil Derrick Experts have dis
covered we'll defined oil belt four
miles long aud 500 feet wide.
Down ON the lower levels Of tho
Mohawk mine at Goldneld the man.
ngcmont has opened twontyfour feet
Of ore which viii not average below
$3.50 to $500 per ton, and with prac-
tically no ground yet developed In pro.
portion TO ground available.
10 Is learned ON reliable authority
that q concerted effort ~ being made
by the mining companies Of Nevada
and other western states 10 create a
greater demand for silver and in tlat
manner influence the government 20
increase iiB purchase Of The metal The
plan 10 TO pay on tho employees IN half
silver
What differences that have existed
between tie Miners union and tho
Mine owners association az Phoebe
In relation 10 the wage scale have been
satisfactorily adjusted ior the present
| al least Asa result the Nevada
/ Utah corporation has very materially
| incnmed 10 wording force al the
Day mine
Last week thirty.hve mechanics
| were sent from Salt Lake City TO Nc
| CHI. New, TO work on tho big milling
| and smelling works at that place. An
] but few OF the men sent out were
' brlohmasons, and tho object, Il Is said,
~ 10 rush construction work 80 tho
min and Rmeltor may begin opera
lions by April.
Tho directors OF the Boston q Mon
tana Consolidated Copper and Silver
Mining company one Of the constitu
ont companies OF the Amalgamated
company. last week declared a quar-
torly dividend OF s. per share and 81
extra. This compares with 81 d
share regular and 81 per share extra
three months ago.
Just now, after two or three months
OF retrcnchment In production and
"a house. cleaning" tho copper trade Is
b assuming a somewhat better atmos
phoro appearance. Prices show a frac
n tional recovery, aud with easier
" money even the copper share market
ID Is improving and the prices Will prob
W ably soon hover around 10 cents.
y For some time past there has been
"a developing tidal wave of discomfort
< between the smaller mines and the
American Smelling a Refining com
pany ns result OF the arbitrary man
ID ner IN which ore treatment charges
are regulated As result the small
H. producer IN talking OF independent re-
'e nnerios as a means Of getting even
'e A roylow OF the metal market Of
- 1907 shows some interesting features
y Il appears that the slump did not nneol
y all the metals TO the same degroe
~ says Mining Science Silver for In
stance. lost only 25.7 per cent OF 10
u high value. copper, on the other hand
slumpod on 81 per cent. Tin, lead anc
ID spelter each lost from 40 per cent Il
n ~ per cent
le Henry Louis, In the Mining Science
! calls attention TO matter that vii
1t prove Of interest 20 mining engineeri
ll and mining writer's. He states that 4
't h a wollknown fact that ore chutos II
O. q mineral vein do not, as rule, coin
10 eide with the dip OF tire vein, but make
H. an angle with Il In the same way thai
le lonucular MASSES often are obliquc q
81. the direction OF maximum dip OF th.
ir place In which they lie. lie suggesu