Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1909-07-15
MINES AND MINING


and this Will be eclipsed by the Utah
producers in 1909.
During 1907 and 1908 the coal mines
of Utah produced 3.S12.0O0 tons OF
coal. the retail price Of this product
exceeding s21 100000
The International Smelling & Rein.
ing company is building in Tooele
county. Utah. thirty miles from Salt
Lake City, a plant that will cost S.
600. 0OO
James Earl superintendent of the
Golden Hunter Mining company, Of
Boise, Idaho, died at his home in Salt
Lake City, July 5, following q siege
Of Brights disease.
Iron county, Utah. has the greatest
! iron deposits 81 the world A Penn
sylvania expert estimates the body Of
iron ore in one section Of this county
at four hundred billion tons.
Martial law prevails in the southern
Cape Breton coal fields Troops are
guarding the collieries of the Domin-
ion company and an attempt will be
made to operate the mines under mil.
Itary protection
To pay dividends aggregating the
large total of S25,6O9.657 in FIVE
months Of 1909, despite continued low
metal prices. is the record achieve
ment of eighty American mines and
metallurgical works.
Near Kanab, in Southern Utah, de-
posits of camel coal have been traced
for several miles One man has barred
a deposit twelve feet in thickness on
the surface, and local capital is talk
ing up this valuable land
The Guggenheims have no hesita-
ton in saying that the earnings Of the
Yukon Gold Mines company the pres
ent year will reach a total Of $780,
900, while these will be undoubtedly
Increased to $2,500,000 next year.
Stockholders Of the Montana ono-
pah Mining company are much encour.
aged to learn an additional payment
of $4,000 has been made on the mill
debt leaving a balance Of only $4,000
unpaid, says a Philadelphia dispatch.
1t is proposed by those in control
of the Yukon Gold Mines company to
Increase the par value of its shares
from So to S25, holders of the present
shares to receive one share OF the
new for each five shares of the pres
snt.
With its Jumbo plaster works and
Keene cement plant, the little towr
of Sigurd, in Sewer county, Utah, has
suddenly jumped into first importance
as a shipping point, and the Richfeld
Reaper says that its resources have
not yet been half exploited.
A mining engineer who has been in
vestigating the mineral resources O
the region about Caliente Nevada
avs some of the largest bodies of low
grade gold ore in the state are at the
very door of Caliente awaiting devef
opment Cobalt, carrying nickel, is
abundant. Nickel is foun& in gen
thite, gannierite and noemite.
Charles Hofstetter, of Spokane. and
his associates have secured a lease OF
200 acres Of state land near Kamiah
Idaho, containing valuable asbestos
rock deposits. From tests already
made it is found that saving machin
cry can be advantageously employed
in cutting brick and other products
from the large blocks.
The announcement made on reliable
authority that the Cole-Ryan interests
are identified with the proposed Ely
Goldfeld road means that the Ely dis
trict is about to realize another Of its
hopes, says the Ely Expositor. The
reputation for doing things which the
Cole-Ryan people so firmly established
must be taken into consideration with
the announcement Of this fact
In spite Of the fact that the election
held in Idaho for the issuance Of bonds
for the construction Of a new roat
from the vicinity Of the Lost Packer
Mining properties and smelter t.
Challis was unsuccessful, the roaC
viii be built The Lost Packer com
pany is behind the project, and the
road will be completed within ninety
days.
It is announced that there is to be
a new smelter in the Salt Lake Val
ley, the smelter to have a capacity oil
3 1000 tons daily, and to be confined
exclusively to iron ore. In addition tC
the shelter there will be a rolling
mill. The company which will ereci
the big plant is the American Steel &
Fuel company, and the ore is to come
from properties in Wasatch and Utah
counties
In the property of the Gold Nugget
Mining company at White Rock. Ne
vada, on one of the lodges a tunnel
will attain the depth of 1900 feet by
running in on a body of ore which al
the surface is eight feet wide anC
averages $1,000 a ton From several
other lodges a large tonnage of ore
has been taken by surface work, much
Of the ore running from $50 to 500 a
ton.
A forecast Of the report for June by