The Garland globe. [volume] (Garland, Utah) 1906-191?, 1910-12-17
MINES AND MINING

At the annual meeting Of the Horn
Silver company in Salt Lake City the
number of directors was increased
from seven to nine.
During the recent Mexican troubles
the rumor was spread in the east that
the Real del Monte properties of the
United Smelling & Refining company
were in danger. This is known now
to have been false.
The Daly-Judge company Of Park
City, Utah, has just installed new
table In the basement of the plant,
and this Is being utilized to see what
saving might be expected from the
treatment of the shines.
The story of gold mining in Alaska
during the last twenty years has been
largely the record of her rich placer
fields. Now 1t Is assured that addi-
tional and interesting chapters will be
added to the splendid story by the
| activity of her lode miners.
A. new copper ledge has been uncov-
cred on Knights island, Alaska, The
island is located In Psince William
sound and off Cordova. Report states
that splendid showing has already
been made, and the property will be
worked.
Willard Scott and Charles Gott,, of
Valdez, Alaska, recently returned ~
that camp, bringing in samples of rich
gold bearing ere. They had found it
in ledge eighteen inches thick. along
the west side OF the Tiskel river and
located five claims.
The Boston News Bursau has pre-
pared figures showing that from the
high point of 1910 to the recent low
prices. there has been depreciation
of 1922, 473,S4S in the market value OF
thirty-four of Boston's prominent cop
per specialties.
The Turkish minister of finance has
ordered from Schwerte, in. Estphalia, J
92S tons of nickel, valued ar five mil
lion marks. 1t Is to- be used IN coming
fifteen million francs worth of nickel
money to replace the copper coinage,
which is to be abolished throughout
the Turkish empire.
Mtu Ou blS IOppfE itiNeT
& Northwestern. building into, the in-
terror of Alaska, located some gold
in the gravel pit at mile post, LAG and
the ground was staked out for miles
around. The gold was broughI UP by
the mammoth scoop of the. steam
shovel workings la the pit.
The Tonopah Miner says, Hifat at
the monthly meeting OF the directol.
of the Tonopah- Belmont Development
company, held in Philadelphia. last
Monday, the regular quarterly divi-
dend of Is cents per share was de-
clared, payable January 2. This .alls
for the disbursement of 1925, 900, there
being 100000 shares issued.
Oil has been. discovered on. the Eyak
river few miles from Cordova,
Alaska. The last named point is the
port of southwestern Alaska, where
the new Copper River & Northwestern
railroad starts for the interior. Oil
had previously been located at Ka~
Italia, which is on the coast tS the east
of Cordova,, in fact oil seepages are
reported on the coast Tor miles in that
region.
The unexpected increase in copper
production during the month OF DC
tober was due, 1t has been said. to
the transferring of some of the aecu-
mulated metal of the summer months
to the visible column, and there are
several eastern, authorities who be-
lieve the same thing will be seen in
the figures to be released within the
next few days for the month OF No
vember.
At Dawson, the wonderful camp on
the Yukon in Yukon T., the largest
dredge In the world has been placed
| I'm commission. 1t belongs to the Ca
madam Klondike company, and is one
of it's feet now in the big river of the
north engaged in digging gravel and
sitting the golden treasure from the
deposits of ages. The construction
was begun in August and the boat
completed in November.
The Cordova Alaskan says that -
mining deal of considerable importance
to Cordova has just been consum-
mated, which means that the gold
lodges Of the Mckinley lake district
I have attracted the attention of mining
men from the states and will now be
worked on an extensive scale.
The production of gold in Alaska in
1909 amounted to $20,463,000, which
was larger than in any prior year
with the exception of 1906. The ex-
citement over mineral discoveries in
the Inditarod caused many operators