Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-08-28
! CONCENTRATES.

John Dern has returned from a trip
to Idaho mining camps.
w, II. Vigus. secretary of the Utah
Harms 'runneling Machine company
has returned from Sanpete county
where he has been on business.
Peter Targhetta, manager Of the
East Prince Consolidated Mining com
pany of Phoebe, is in the city. He says
two shifts are now at work on the prop.
8erty.
f. &c. c. Griggs. superintendent Of the
May Day and Uncle Sam mines, was
in the city yesterday. He was on his
way back to Eureka after taking va
cation in the northwest. Z
= C. Il. Short and f. G. Richmond ex-
pect to leave tonight for Modena to
look for the site forSthe power plant OF
the Gold Springs Mining & Power COM
pany.
The Consolidated Mercur Gold Mines
company yesterday marketed Its July
outputsof gold from its mill, amounting
to S5S,000 This is considerably under
the regular output from the property.
A. j j Dutton, a well known mining
man from Denver, who Is In the city,
declares that the people of Salt Lake
should advertise their city more He
asserts it is on the verge of moving
ahead rapidly but needs more boosters.
The new mill of the Cannonball Con-
solidated Mining company In Little
Smokey valley, Ida, will certainly be
in operation by Sept. 4 /, is the word
brought from the district by John Ed
wards, son of Mana ger George q. Ed
wards Of the property.
i AT the regular quarterly meeting of
81 al AL. txl,,t5
pany directors at Boston, A. FL
Howe of Goldfield was elected director
of the company to succeed Charles
Hayden, resigned. The usual quarter
ly dividend of 50 cents was declared,
payable Oct. 81, to stockholders OF
record Sept. 30.
1t Is understood that the United
States Smelling, Refining & Mining
company Is figuring upon taking over
the control OF the st. Lawrence Min
ing company at Shoshone, II miles
south Of Osceoia, New. Mines Manager
C. e. Allen and Engineer j. Fewson
Smith of the United States company
are examining the mines.
report from Morgan county de-
clares that 4 feet OF steel galena ore
has been opened UP at the Carbonate
Gem mine, which adjoins the Carbonate
Fiji property, owned by Matt Daugher-
{ ty and others of Salt Lake. The re-.
port has 1t that the ore was found 300
feet below where ore is now being
taken out of the Carbonate Hill.
A contract has been let to T. C, Rich
mond5for II carloads Of railroad equip,
ment, such as rails, ties and other nee
aessaries, for the building OF the railroad
from Wabuska to the mines in the Ma
son Valley district in Lyon county, New.
< The contract was let by the Nevada
Copper Belt railway, which is a subsid-
larry organization to the Nevada Doug
las Copper company.
An Interesting assay has been made
of ore found in 50-foot Wine off the
EnO0-foot level@sat the Phoebe Metals
property at Piochs The assay shows
the presence Of high values in copper,
which is something new in the Phoebe
district and Is looked upon as great
factor to- demonstrate the great min
eralization of that district. The figures
on the assay were: 146 ounces in sill
ver. SLIGO gold, 32.4 per cent lead, and
1922 per cent copper.
II. Hardy, former sheriff of Salt Lake
county. declares that the advance of !
cent a pound on the, tariff on zinc will
do wonders for the Good Springs dis
trict xre says that greater interest
| Is being taken In the district and that
many of the low grade mines will short
ly begin shipping their product. w. A.
| Clark recently had an expert in the
| district getting line on the tonnage
for. his proposed sneiter at Las Vegas
or Caliente
Advices from Boston are that stock
holders of the Ray Consolidated Copper
company will be given the right to sub
scribe for. the new issue of 100000 shares
at the rate of 26 shares for each 100
standing in their name. 1t is under
stood that Of the ss,Ooo,oO0 convertible
| bonds s22.645.e3o has been converted to
| allow the holders to subscribe for new
| stock at SIS a share. The conversion
reduces the only fixed charge of the
company to a few hundred of thousands
! of dollars.