The Meridian times. (Meridian, Idaho) 1909-1938, 1909-06-18
MINES AND MINING

park City has posted IT'S second quar-
teriy dividend for the year, the
snount being 80 cents per share. or
$4,000.
Hill Top, Nevada. is agog with ex-
element over the arrival in camp I
Of the first ROLL The Huntington
plant has arrived and is being placed /
as rapidly as possible.
To pay dividends aggregating the /
large total OF s25.609.657 in five |
months OF 1909, despite continued low |
metal prices. is the record achieve
ment of eighty American mines and |
metallurgical works.
The latest sensation at National. |
Nevada. Is the finding of ricn ore Two |
miles north Of the Stall brothers
lease on Charleston hill. The find
was made on Eight Mile creek AMI
the ore is similar to the Charleston
hill ore
/ In 1856 Mr.. Louis James, Jr., OF the
! Ontario Silver Mining company OF
Park City. did the first experimental
/ work which amounted TO anything
with view to solving the problem Of
1 treatment Of silver ores by cyanide
/ methods,
The United States produced 290
tons of chrome ore in 1907. while Al
$50 tons were imported from other
countries, chiefly Asiatic Turkey and
New Caledonia, to supply @the de-
mand for making ferrochrome alloys
and hardening steel.
The Goldfield Florence Mining com
pany has declared a dividend of s105,.
600, to be paid June Is. This is the
fifth dividend declared by the Flor
ence, each for s105 900, making a total
of s525,00O. The last distribution Of
velvet was last winter
The recent advances in the price of
lead having increased the profits Of
he Utah Apex Mining company Of
Bingham by more than 81 ton Of
ORE handled, that company is pushing
further development of its mine with
| more vigor than ever
= The new set of rules and regula-
tons regarding the signals or sound
! ing of bells for the raising and low
, erfng of cages in the mines, as re-
; quired by the law passed by the Ia
- legislature, have been ordered post
, ed at the Tonopah mines.
+ Edward Fink, the Salt Lake in
ventor, in working out his new smelt-
( ing process, is evidently reaching the
] point where it can be announced that
s complete success has been attained.
: Samuel Newhouse. it is understoc- =
a already working upon plans for a
n sTHelter OF the Fink type for the Gao
tus mine.
n The Montgomery-Sh oshone Conzol
f dated company has mailed stockhold
l. ers a statement OF the company fol
e the month of March last. The re
L ceipts for the month from shipments
G were S52,l3123; the expenses were
$50, 3O4.44, leaving s1S,S26.79 net Bills
n payable, with interest amount &c
n 1856, 1854.
g The recent strike on the Sever
e Troughs Florence lease in the Sever
a. Troughs district is pronounced bJ
IT every one coming from the camp a!
the greatest find ever registered il
n the camp. Samples of the silver or
" being found on the 2O0-foot level ar,
e simply astounding. carrying gold ant
It ruby silver
y A letter received at GOldfield from
i the United States land Office at Car
son is of deep interest to mining
n men. Earl W. fremont, the receiver
+. says that he finds nothing in th'
IN statutes regarding patents that com
# pels an applicant TO trace the lode
:, clear across the claim for which I
- patent application is filed.
: Directors Of the Western Nevad;
: Copper company met in Salt LAX
City last week to arrange the fin
ances of the company for continuing
g the development work in process
N Work in the lower levels has beel
v held up for several weeks on accoun
1t of water, but arrangements for hand
lie ling it are now perfected.
T. There was a decrease in bot
Sc quantity and value of the salt pre-
s duced in Utah in 1908. The outpZ:
in 1907 was 345,557 barrels, or 4S
to S7S short tons. valued at s19s,779, an
t, in 1908, 24267S barrels, or 1897
re tons. valued at $169,SS3, a decreas
o, of lO2.S79 barrels, or 14,4O0 tons, Il
a. quantity, and of S26.946 in value.
ne According to an official OF the Amer
IN can Smelling and Refining company
TO the concern is now earning per cen
upon its $50,O00,000 issue of commo
B.. stock, and the improvement in its col
" dition is largely due to the increase
h- demands for lead for electrical mani
IT features.
III The biggest sHOkestack in the woriC
IN at the Boston and Montana smelte
u al Great Falls, Mont, was put to us
ls June l., for the first time. The chin
ay ney is 500 feet high. rs feet in dian
eter at the base and 50 feet at tn
Mt top. 1t has been under constructio
IT. for two years.
of That it may continue development
10 of its property the Ely Consolidate
er Copper company placed an asses
n ment of three cents a share upon ii
he SIC, 700 shares of outstanding stool
the assessment becoming delinQue1
July I6. This will bring in rey'
nue. of s2S.30l.
ca A statement showing the producSiO
Gu of conner in 1908. preDared by B.