The Garland globe. [volume] (Garland, Utah) 1906-191?, 1908-01-18
MINES AND MINING

Ave years lin 1888, 1884, 1891, 1893,
1896 and 1000 has the mining indus
try Of America recorded falling off
In the value of its output.
Ore shipments from Park City for
the week ending January IL, In
pounds. were as follows: Silver King,
S17,760; Daly-Judge, 475,000; DAILY
West, 100000; total, 1,792,760 pounds
The total production of copper in
the United States for 1907 was not
far from S9O,000,000 pounds, valued at
1881, $4,000, which Is equivalent to
nearly 60 per cent of the worlds sup.
ply.
In December Utah mines are cred
tied with production Of S,500,000
pounds of copper, as against 10000.
900 for November. The December
lead output is given al 10,750,O0O
pounds.
One hundfed and twenty miners
left Salt Lake on January Z to work
in the mines of Goldfeld. Most of
the men were miners who had lost
their position as a result Of the close
down of tie Park City mines.
II the United States continues to
multiply its production of gold at the
rate 1t has in the last seven years,
that is. from S6.000.00O to 100000
per annum, 1t will not be long before
the Transvaal will have to forfeit first
place.
The year 1907 will long be remem-
bered by the mining industry for its
six months of unusual prosperity,
three months of relaxation and three
months OF surprising depression,
writes c. G. Schatterback of the Min
ing World.
The whole camp Of Yerington, Ne
vada, is rather quiet, but practically
all the large companies now closed
down, with the exception of a few
men each, are ready and equipped for
the old-time activity as soon as the
word to start is given.
The Soddy Coal company, operating
mines and coke ovens at Rathburn,
sixteen miles from Chattanooga,
Tenn, has closed down the plant and
about 100 men are idle. The men
resisted a proposed reduction in
wages amounting to 10 per cent
An Injunction restraining the Mon
tana Mining company, Limited, from
mining the compromise strip" during
the tendency of the suit concerning
its possession, In which the st. Louis
Mining & Milling company is the
plaintiff, was granted by Judge VIII.
liam II. Hunt OF the federal court at
Helena last week.
Undoubtedly the most profitable
branch of the metal mining industry
in the United States is copper, judg
ing by the fact that twenty-seven OF
these properties have paid dividends
amounting to the large total OF $50,
405,42S for 1907. The average return
for the year was about 20 per cent on
the outstanding capitalization of SITS,
| 765,275.
Bullfrog papers announce that the
Bullfrog Leasing & Milling company
| expects to have its twenty-fve-tor
| cyaniding plant In commission by the
| first of the coming month. This com
pany owns lease ON the Bullfroa
by the close of the year to have q
plant capable of treating $50 tons o.
ore per day.
Representatives of the smeltel
trust have announced that they ar,
now prepared to take all Goldfielt
ores offered up to 800 in value, ant
pay cash therefor. On ores running
higher they will pay 500 cash ant
the remainder in forty-fve days. En-
couraged by this new ruling of tn,
smelter trust, several mines are pre-
pairing to start up.
Heretofore the borax supply for Til,
whole country has come out o
Death Valley in Nevada, and it wa
understood that little borax groun,
was to be found elsewhere. Nov
Harvey county, Oregon, has entere,
the field, and it is said has larg
area of very rich borax deposits, an
several different companies will begil
work in the spring.
The Bullfrog district of Nevada |
full of two things, one being low-grad
gold ores, the other being rumors O
concentrating plants. The camp dis
tinctly is a milling camp, and it vii
be only by the installation of mill
that stockholders in Bullfrog mine
will be able to secure a substantia
return on their investments, says tn
Salt Lake Tribune.
A gratifying feature OF the last yea
has been the payment in dividends @
$175,512,7i7 by 1877 concerns affiliate
with the mining and metallurgical IL
dustries of the United States. Sine
their incoi poration these 1877 col
Germs have declared in dividends tn
fabulous sum of 81 ,497,132,552, whic
Is equivalent to about SO per cent o
the outstanding capitalization of 81
ZOE, 04G,4S2.
new oil company was organize
in Utah last week under the name {
the Juab Oil and Pipe Line compan!
Their wells will be at Juab station