The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1908-10-15
MINES AND MINING

,hlnned out of Park City during the
| month of September.
Work in the Osceola, Nevada. dis
! ,rict is going on without cessation at
the various mining properties, both
rlacer and quartz mining being
active.
With a force OF fifty men opera
lions have been resumed on the
Midas Galena Mining company prop
cities at Garfield bay, reports a
Standpoint, Idaho, paper.
There are two new mills In the
Atlantic district in Idaho, which were
Installed in mines where millions In
ore was blocked out before wheel
turned. These mines are now good
| producers.
The immense deposits Of alum and
ammonia near Marysvale are finally
| 70 be utilized, it being announced
that a Salt Lake syndicate is prepar-
| ing to work the deposits on an ex-
tensive scale.
The Glencoe Mining company OF
Park City has purchased the old Cal
ifornia mill property, which has been
dismantled and moved over to the
Glencoe mine. where it Is to be util-
| lied in the future.
The mining operations In the Sol
der district in Idaho are resuming on
a larger scale than ever heretofore.
New properties are being opened up
and extensive development work has
been done this year.
The South Iron Blossom Mining
company, whose property is In the
Tintic district, has listed its stock on
the Salt Lake mining exchange The
company is capitalized for 100000
shares of the par value Of 10 cents
each.
Majestic mines, owning about 80
per cent of the $514,OO0 of bonds OF
the Majestic Copper company, has
permitted the default OF interest on
the entire bond issue. 1t has right
to do this under the terms of the
mortgage.
shipped from the Black Hole mine Of
Chafey, Nevada, to the sampler at
fIazen 1900 tons of ore which aver
aged over $40 ton. There has been
milled at the company mill In Chafey
376 tons of ore which averaged S25 a
ton, the mill saving SO per cent OF
the value.
Within 200 feet of its shaft, on the
200-foot level, the Harris lease has
cut the famous ledge of the Seven
-roughs Mining company. The ledge
is seven feet wide at the point where
it has just been opened, which is
something more than 400 feet north
Of the Seven Troughs Mining COM
lanys Fairview shaft.
The new plant of the Graselli
Chemical company designed to treat
the zinc ores of the DAILY Judge Min
ing company at Park City, is nearing
completion. The plant at the start
will handle from rs to 100 tons of
Gre day, and it is so constructed
that the capacity may be easily in
creased from time to time
Domestic copper producers have
been informed that about 100000
pounds of electrolytic copper of
American manufacture will be re-
quired for the Identification OF 1910
miles of railroad in Sweden. The
conversion from steam to electricity
has been decided upon, and work will
be begun early next year.
If the prediction of Daniel Guggen-
helm that the price of copper will
soon go much higher comes true, the
copper mines at Mackay Idaho, will
be reopened. This would mean
pay roll of about $4,000 per month in
Mackay and will be the means of add
ing greatly to the industrial activity
of not only Mackay, but all southern
and central Idaho.
in the Beaver Carbonate mine at
Frisco a drift is being run from the
bottom of the 700-foot shaft in low
, grade ore which shows steady i'm
proyement in values, and 1t Is be-
lieved that from 100 to $50 feet fur
Their will take it to the shoot of high,
grade ore from which large produc.
ton was made in the early days,
down to the 40O-foot level.
A receiver has been appointed for
the Dominion Copper company, oper-
ating in British Columbia. The ap-
continent was made upon the appli-
cation of the National Trust company
Ct Toronto, trustee for the company's
outstanding 100000 6 per cent
bonds. The principal factor in bring.
ing about this receivership has been
the prevailing price of the copper
market.
There has been a material improve.
ment In the position of the copper
market IN the last few months, and
II signs do not mistake the near fu.
ture Will be brighter than the periods
immediately Drecedinp tho 6nanoioI