Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-06-08
odd FACTS PRESENTED
BY MINING INDUSTRY
Elements Are 80 Per Cent
Better Thau Last Year.

whilo bullion settlements have con-
nued to Increase. the mining Industry
ias been sagging wocfuny during the
asst six on eight months. In fact. 1t
!. over a year since the stock market
,egan To- show signs Of weakness and
4 as steadily declined At the same
! 'no ore settlements have increased,
1owing that the shipment Of ore has
pcrcascd rapidly.
= Some interesting facts We're shown
lis morning BY W. II Tibballs la his
| ',tnpilation Of statistics relative to the
lining Industry OF the state Last
GEEK was sufficient To show hat Utah
as grown nearly 30 per cent stronger
4 her mining industries according 10
he purchase OF bullion. The r,p1rt
ven by Mccormick a. CO. shows that
pr the week ending June {. $3.50. 600 was
aid out for bullion while the ,orre-
bonding weak for 1909 showed hut
s25.O0O. OF course this ia not an In
'caso of 50 per cent hut it comes close
he records Of the year thus far win
lainly show that il Is 50 per sent or
litter
For the week ending May :, the
ittienlent amounted 10 100000 AZ
gmparcd with sl05. 900 for the cor
depending week a year ago Exactly
W per cent better. For the week end
* April 70. Il was still better. The
mount was Sl.iT0.000. a year ago for
D. corresponding period II was S515,
%. This Is much better than a gain 81
o nor cent The week ending May
was $4,000 and year ago IL was
$4,000
These facts present many answers,
AZ all Of them point to the same sit
.N.aa.. IlsH
lining In Utah " better than II was
par ago There Is no dispute that cop
IT Is lower. lead Is not AZ high ~ II
as. and that silver Is better. The one
ict that cannot be gotten away from
that there Is more ore being shipped
I'd more money being taken out of
ie rnines II IL an absolute certainty
nat II mining keeps up in its output
tom Utah. tnis year will be the great
II in it's history.
UTAH COPPER REPORT.
According to reports from the east
ais morning the output Of Utah Cop
.r for the month Of May was $500
70 pounds of blister copper. made al
q approximate cost ~ cents and
,elding a profit TO the company Of
10000. the greatest In It's history. But
, this alone cannot be accounted the
eat advance in Utah's output
Beaver county has produced more ore
ais year than II has in many years.
any new properties there have been
,ening up and meeting with wonder
III success, Among the mines that
ave been added to the shipping list
5erc are the MOSCOW. Majestic. or
han Boy. Mowitza. Red Warrior,
'orn silver. Beaver Carbonate, Cedar
silismsn, and a dozen or more others.
ngbarn has also increased her out
jt enormously.
hlthoug the great silver King AT
Kirk city Is now shipping at about haif
ac USUAL capacity. Il win more than
public the shipments shortly. The other
fopertics there have greatly increased
heir output At Tntic the same story
told. The Iron Blossom Is now ship
ing more ore than usual Many OF
30 properties there are Increasing their
,ipnients SO that by the middle of
lmnier there viii be even greater
lures In bullion settlements than there
r. NOW
There liz no question but what this
var viii be the greatest IN output from
be mines Of Utah IN it's history. m
lite Of the fact that the stock market
as been the slowcst IN years and the
romotion OF new properties have been
kceedinsly slow. a score OF proper
rs could be named that will have
nee outputs before 1910 Is completed
18th the output occupying the position
iat IL does at present II Is declared
~ that IL Is receiving as little sup
)rt as IL is at present.