The Garland globe. [volume] (Garland, Utah) 1906-191?, 1910-07-09
MINES AND MINING

During 1909, practically four-f1fths
of the business transacted on the Salt
Lake stock and mining exchange was
based on Tintic mining stocks.
Fifteen miles east of Salmon, Idaho.
on Bohannon creek, are dome extern
sive placers that have been operated
for a number of years very proftably.
During the last year an independ.
ent smelter has been built In the
Spring mountain district, in Idaho.
This plant has a capacity of eighty
tons per day.
The annual report of the Beck Tun.
mel company, operating In the Tintio
district, is being received by the
stockholders, the report entering into
satisfactory detail regarding the mine
and treasury conditions.
A Salt Laker we'll in touch with the
market conditions, and who has re-
turned recently from the east. does
not take seriously the clamor for
curtailment of copper production
heard so often in the land, says the
Salt Lake Tribune.
A deal Is on, according to Rhyolite
.advices, for the purchase by SaltLake
men of the Death Valley Big Bell pro-
perty adjoining the Keane Wonder
mine. in Funeral range. The Big Bell
is said to have a remarkable surface
showing.
The Utah Mine OF Fish Springs.
Utah. has just marketed another car
load OF its famous high-grade silver.
lead ore, the consignment Of rs tons
having shown average values Of ia
ounces OF silver to the ton, about IS
in gold and SO per cent lead.
Gold bullion to the amount of 140,.
900 was brought to Winnemucca under
heavy guard in an automobile from
the camp Of National. The treasure
was in II bars, weighing S35 pounds,
and was the product of ore taken from
the Stall brothers lease and the Ma
tional
An option to purchase the old Key.
stone mine in Cortez district, Nevada.
| perintendent of the Ely Consolidated
Copper company. The Keystone Is well
| equipped with machinery and work
Is to be resumed by Mr.. Snyder al
once
The population of Jarbidge has the
at the scene Of new strike three
miles east Of the Bourne property.
just beyond Jarbidge peak, which Is
pronounced by many who have seen
1t the best thing yet uncovered In the
camp.
Several sets of leasers have started
work in the new gold camp OF Athens.
25 miles from Nina, New, and several
good discoveries have been made. A
mar named Price broke into ledge
which carries two feet of ore from
which assays of 5000 ton were OBJ.
tanned.
]. e. Petit, Utah's coal mine in
spector, has just completed tour OF
the coal mining camps in the south
ern part of the state. Mr.. Petit con-
Quoted training class at the various
camps in the use of the Drager rescue
apparatus, which has been adopted
by the Utah Fuel company
1t Is said that the caving system OF
mining, now used SO generally In the
great camp Of Bingham, Utah, was
first introduced west of the Missouri
river by Duncan McVichie, now gen.
eral manager of the Nevada Douglas
Copper company and the Nevada Cop
per Belt Railroad company.
Sixteen copper companies now pay
Ing dividends are distributing profits
at the rate of about $32,000,000 per
annum. or this large sum, however.
seven companies contribute $27,000,-
900. Anaconda Copper is the leader OF
the list, with its $S,4OO,OO0; Utah Cop
per, with its $4,600,000 is second.
The Salt Lake stock and mining ex
change reserves the privilege when
ever listing stocks, OF removing the
same from the board on ten days no
tice. This right of removal can be
exercised in case of fraud being
shown, or when the company behind
the stock closes down development
work
Confirming the forecast of the man
agement that, the last of its debts hay
ing been paid in May, the Moscow
Mining company of Beaver county
Utah, would soon be in position to in
augurate the paying Of dividends, Is
the report that during June the com
pany marketed nine carloads of ore
which yields close to 1900 a load.
Out of about fifty active and pro
| ducinp connar ORGANIZATIONS of the