The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-05-07
MINES AND MINING

| fG mill 10 EIlnhihh wv
its mine in Beaver county on Monuay
morning.
The amount Of business done on
| the Salt Lake mining stock exchange
during the month of April was III
tie over one million dollars. 2,2l2'foe
shares of stock changing hands.
The long task of draining the On
tario mine at Park City is nearing
the end. and it is expected that 1t VIII
be only short time now until the
men are exploring the 1900 Level.
AT the annual meeting, held last
week at Butte, of the Boston d Mon
| tana Consolidated Copper & Silver
Mining company stockholders, the OLD
board of directors was again chosen
During the month of April the ore
and bullion settlements in the SAT-
Lake market, as reported by McCor-
nick & Co.. amounted to $1,2S4.OoO,
which is about $4,000 more than the
record for March.
$40 token issued by the Cincin-
natl Mining company in 1S49 was
sold at auction in London last week
and purchased for an American at
S2,175. There is only one other SINH
lar token extant.
Wagons are now being taken
through the snow right into the town
of Alta, according to the latest re-
ports from that camp. The snow Is
disappearing more rapidly this spring
than for many seasons past.
After more than year of difficult
ties at the mine and mill of the Con-
solidated Mercur company at Mer-
cur, Utah, the company is now pound
ing away to splendid purpose. Dur
ing March the output of gold bullion
was valued at $4,000.
Leading authorities assert that the
consumption of copper In this country
has increased from 100000 pounds
per month last October or November
to 100000 pounds. A normal month
ly consumption in prosperous times Is
from 100000 to 50,000,000.
The senate committee on mines
and mining has reported favorably
the bill to endow schools of mines on
departments of mining in state edu.
cational institutions. The bill is
similar to the one reported favorably
from the house mining committee.
Orders were placed last week for a
car of lumber and mining timber in
the Northwest by the Seven Troughs
Eclipse Mining company. This is the
second step taken by this Seven
Troughs company for beginning the
plan of driving new shaft to depths.
A series of big discoveries on the
Snow Squall claims, belonging to Il.
II. Williams and Frank Crumpacker,
has suddenly turned the attention of
the Seven Troughs district to Victor
canyon, between Burnt canyon and
Farrell, at the north end of the dis
trict Two feet of $50 ore has been
encountered.
s. S. Rosenstamm, who is associat-
ed in business with Adolph Lewis
sohn, says that in his opinion the
time for low priced copper has gone
by. The improvements that are un-
der contemplation by the Pennsylva-
MIA and other railway systems can
not but help improve the copper situ-
alton, he says.
A Boston dispatch says the reasons
Tor the recent break in Montgomery
Shoshone stock is the fact that devel.
opments of the last six months have
been disappointing and the reports
snow that much Of the ore is below
commercial value; that the mines
future VIII depend largely upon fu.
ture development.
The production of copper for April
IN the Butte district is estimated in
excess OF 25,000.0O0 bounds. North
SUITES share was 100000 pounds
Butte Coalition produced from tha
farus mine alone 100000 Ana.
condas production is in excess Of =
ooo'oOO pounds, and Boston & Montana
nearly S,OOO,OOO pounds.
The news comes from Butte that
orders have been issued to nearly all
Shilt bosses of Amalgamated, and nra.
suinaDiy TO North Butte and Bntts
coalition, to mine less first.class ore
III some mines the miners have heen
taken off first class entirely a Tba
presumption is that the companias
lnd they can make money under nres'
eh' economies on lower grade ore
A well known Utah mining onoro
tor speaking of the confidence he has
III the future of Rawhide. Nevada
says he has recently expeded ssOoo0
IN cash in the camp, both in the ac,
quisitlon and development of nroner.
Jrict. Vi 'he dls-
Inc new mining camp of Bull Val.
ey' IN southern Utah, is tbirtv.fva
mes from Acoma, on the Salt Lake
loute, and about the same distance
rom st. George The ore bodies 1no
rom three to four feet in thicLness
pnl lha assays of $500 gold to the ton leSs, ars
not uncommon. 'on are