The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1909-06-17
MINES AND MINING

The Daly West Mining company of
Park City has posted its second quar-
terly dividend for the year. the
amount being 30 cents per share, or
S5l 900.
Hill Top, Nevada, is agog with ex-
citement over the arrival in camp
of the first mill The Huntington
plant has arrived and is being placed
as rapidly as possible.
To pay dividends aggregaung the
large total of $25,609,657 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 rich ore two
miles north of the Stall brothers
| lease on Charleston hill. The find
was made on Eight Mile creek anu
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
| with a view to solving the problem of
treatment of silver ores by cyanide
| methods.
The United States produced 300
tons of chrome ore in 1907 while A.
| $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 Goldfeld Florence Mining com
| pany has declared dividend of $685.
| 900, to be paid June 15 This is the
fifth dividend declared by the Flor
ence each for 100000, making a total
of $525000 The last distribution OF
! velvet was last winter.
The recent advances in the price of
! lead having increased the profits of
the 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-
tions regarding the signals or sound
ing of bells for the raising and low
ering of cages in the mines, as re-
quired by the law passed by the la.-
! 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
complete success has been attained.
Samuel Newhouse. it is understood ~
already working upon plans for a
smelter OF the Fink type for the Cac-
| tus mine.
The Montgomery-Sh Coasol-
idated company has mailed stockhold
ers statement of the company for
the month of March last The re-
ceipts for the month from shipments
were $52,131.23; the expenses were
$33, ,304.44, leaving S1S,S26.79 net. Bills
payable with interest amount 10
| s25595644.
Troughs Florence lease in the Seven
Troughs district is pronounced by
every one coming from the camp as
the greatest find ever registered in
the camp. Samples of the silver ore
being found on the 200-foot level are
simply astounding, carrying gold and
ruby silver.
A letter received at Goldfield from
the United States land office at Car
son is of deep interest to mining
men. Earl w. fremont, the receiver,
says that he finds nothing in the
statutes regarding patents that COM
pels an applicant to trace the lode
clear across the claim for which a
patent application is filed.
Directors of the Western Nevada
Copper company met in Salt Lake
City last week to arrange the fin
ances of the company Tor continuing
the development work in process
Work in the lower levels has been
held up for several weeks on account
of water, but arrangements for hand
ling it are now perfected
There was decrease in both
quantity and value of the salt pro-
duced in Utah in 1908 The outpcs
in 1907 was S45,557 barrels, or 49,
37S short tons, valued at Sl99,779, and
in 1908, 2i2,67S barrels, or 33,975
tons, valued at $1G9,S33, decrease
of 102S79 barrels, or 14,400 tons, in
quantity, and of $26,946 in value.
According to an official of the Ameri.
can Smelling and Refining company,
the concern is now earning per cent
upon its s5OOOOOOO issue of common
stock, and tn, Improvement in its con
dition is largely due to the increased
demands for lead for electrical manu-
factures.
The biggest smokestack in the world,
at the Boston and Montana smelter
at Great Falls, Mont, was put to use