The Meridian times. (Meridian, Idaho) 1909-1938, 1909-07-16
MINES AND MINING

Producers in 1909.
During 1907 and 1908 the coal mines
OF Utah produced $4,000 tons Of
coal, the retail price of this product
exceeding $21 100000.
The International Smelling & Rein.
ing company is building in Tooele
county, Utah, thirty miles from Salt
Lake CITY, plant that win cost ST..
900, 900.
James Earl, superintendent OF the
Golden Hunter Mining company. Of
Boise, Idaho, died at his home in Salt
Lake City. July 5, following a siege
OF Bright's disease.
Iron county, Utah, has the greatest
iron deposits in the world. A Penn
sylyania 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 mill
ttary protection.
To pay dividends aggregating 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.
Near Kanab, in Southern Utah, de-
posits of camel coal have been traced
for several miles. One man has barred
deposit twelve feet in thickness on
the surface, and local capital is TAX
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 total of $780,
600, 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 balance of only $40, 1000
unpaid, says Philadelphia dispatch.
II Is proposed by those in control
OF the Yukon Gold Mines company to
increase the par value of its shares
from So to $25, holders of the present
shares to. receive one share of the
new for each five shares of the pres.
emit.
With its Jumbo plaster works and
Keene cement plant, the little town
of Sfgurd, 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 Of
the region about Caliente, Nevada
says some of the largest bodies of low.
grade gold ore in the state are at the
very door of Caliente awaiting dever
opment. Cobalt, carrying nickel, is
abundant. Nickel is found in gen
thite, gannierite and noemite.
Charles Hofstetter, of Spokane, ant
his associates have secured lease or
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
Goldffeld road means that the Ely dis
trfct 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 new roat
from the vicinity of the Lost Packer
Mining properties and smelter tc
Challis was unsuccessful, the road
| will be built The Lost Packer com
pany is behind the project, and the
road will be completed within ninety
days.
1t is announced that there is to BIZ
a new smelter in the Salt Lake Val
ley, the smelter to have capacity o.
1000 tons daily, and to be confined
exclusively to iron ore. In addition tt
the smelter there will be a rolling
mill. The company which will cree
the big plant is the American Steel &
Fuel company, and the ore is to come
from properties in Wasatch and Utaf
| counties
In the property of the Gold Nugget
Mining company at White Rock. Ne
vada, on one of the lodges a TUNE
will attain the depth of 1,500 feet by
running in on a body of ore which al
the surface is eight feet wide anC
averages s20.60 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 9
| ton.
A forecast of the report for June by
the Copper Producers association sets
the surplus of copper in this country
at figure showing a decrease o.
about 100000 pounds, although va
rious unofficial estimates have set the
figures at 12,000,000 to 22,000,00(
pounds.
Nothing could illustrate the future
possibilities of the Western Utaf
Copper property in Deep Creek better
than the fact that an entirely new