The Spanish Fork press. [volume] (Spanish Fork, Utah) 1902-current, 1909-07-22
MINES AND MINING


The Tonopah Extension company
gives notice that for the purpose OF
erecting a thirty-stamD mill, at an es-
timated cost of $150000, the board is
about to authorize an issue of $751;.
500. par value. of coupon bonds.
1t is said that George Wingfield has
acquired a controlling interest in the
Goldfeld Daisy company and will sue
ceed c. r. Woodin as president. The
report has resulted in the advance OF
the price of the stock of the com.
pahy.
On the Barney Francisco lease, on
the December fraction, at Manhattan
Nevada, gravel was broken into last
week that went as high as S27 per
pan. Several other paintings showed
the dirt to be worth from $3.50 TO $40
to the pan.
The Goldfield Consolidated company
has made an official statement esti-
mating the June production of that
company at 1910 tons. The total re.
covery amounted to $547,000. The
cost of the work figured at S150,000,
net profits, $4,000
The Comstock Pumping associa
tion. composed of all the companies
on the Comstock lode. has appropriat-
ed from its treasury surplus $4,000
to be used in equippng the Ward
shaft with two new pumps of the
plunger type to handle the water.
The great Comstock lode in Nevada
has, according to recorded history,
yielded $500 900 600. but of unrecold
ed history, that of high grading and
wasteful milling processes, there
should be written at least half that
much more, making the actual output
of the lode not less than a billion dol
lars.
Ellendale, Nevada, has reached the
critical stage of the boom camp 1t
has made shipment of high-grade
ore, accompanied by armed guards
If it survives that ordeal there is
hope for it's making a fairly good mil
| ing camp. The shipment comprised
| eight tons of rock believed to run
| $1,000.
| The second custom mill for the
| Gold Circle district is scheduled tG
according to advices from camp. Pro
viding of milling facilities for their
| ores has greatly encouraged leasers
and owners and many good ore show.
| ings have resulted from the work in.
augurated.
Members of the board of governors,
of the Utah Stock and Mining ex.
| rha Of 1oc
ed to adjourn the call on that ex-
change until October l. All expenses
during the quiet period will thus be
eliminated, it is said, except the rent
of the room, which is held under long
time lease.
1t Is announced that the Cole-Ryan
interests have secured a sixty day OPP
ton on the Butte & Ely mines. The
Butte & Ely property embraces 212
acres of ground, practically all Of
which lies in the known mineral belt
between the Nevada Consolidated
company's Copper Flat property and
the Giroux.
II Is believed that the Homestake
mine at Neal will develop into one OF
the best producing properties in the
state of Idaho. A 1,000-foot shaft is
to be sunk on the ledge of ore, when
1t is believed it will be necessary to
increase the milling capacity from 60
to 100 stamps. The company is EN-
ploying about thirty men.
Within the past tew weeks disclos-
ures have been made in the Mason
Valley oompanys property, in the
Mason district, Lyon county, Nevada.
which, 1t is claimed, forever release
from doubt the true source of all the
ore. A true fissure vein has been
found coursing north and south
through the property.
Addressing the Anaconda chamber
of commerce on July IA, E. p. Mat
thewson. superintendent of the Wa
shoe smelter, announced that the pol
ICY of the company hereafter will be
to employ American before alien
labor. Mr.. Matthewson also stated
that the odious company store system
had been abandoned in Anaconda.
The first trouble during the strike
Of 400 miners, mostly Austrians
against the Veteran mine of the Cum
berlandEly company at Ely Nevada
occurred last week when two Aus
trlan strikers, George Pezini and
George Mflcino, were shot by Deputy
Sheriffs Edward Arnold and Charles
Smithy. One of the men may die
The constitutionality of the statute
enacted in 1903, providing for "A tax
on the net earnings of mines of Idaho,
is attacked by the Milwaukee Land
company in a suit to enjoin the coun.
ty assessor of Shoshone county from
enforcing a sale of its property for
the collection of taxes aggregating
$500, pending in the United States
district court
Refuting reports circulated in San
Francisco that the Round Mountain