The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1910-10-07
MINES AND MINING

slightly less than $1,000 tons.
During one day last week the Ohio
Copper company's mill treated total
Of ? O96 tons Of copper orc. the best
tonnage ever handled by the plant
It is reported in the Spring Valley.
Wyo.. oil fields. on good authority.
that the German syndicate Is gong
to start operations at once on a large
scale.
on Wednesday the officials OF the
United States Smelling, Refining ana
Mining company declared the regular
quarterly dividend. 90 cents per share
on the common. and s1ia cents a
share ON the preferred stock
Rapid progress has boon made dur.
ing the last i've months in the new
tnnnel Of the Seven Troughs Monarch
Mine company at Seven Tfoughs. New,
The tunnel has now passed the 600.
foot point and Is getting close to the
big vein.
The management Of the Union
Chief company Of the Sanilquin dis.
trict Of Utah has about one mile OF
the new wagon road completed from
the mine down the mountains. leaving
about a quarter Of mile yet to bo
completed
An English syndicate ~ unlimited
capital Is negotiating for leases, In the
Spring Valley. Wyo.. oil fields. with
the intention OF starting Immediate
work Their managing director Is
now on route from London to close
W pending deals.
Directors OF the Emerald Mining
company have authorized the paying
on Of the remaining payments ON tho
Diamond. Ruby and Emerald claims
In the Tintlc district. This closes up
a payment Of three eighths Of the in
terost In the claims named.
f. Augustus iieinze owns the Stew.
art mine In Idaho which Is earning
gross about $4,000 and net $4,000
per month on $50 tons Of ore per day.
The Stewart Is u silycr.load property.
the ore yielding about II per cent
and seven TO eight ounces Of silver.
The decision OF the Iron Blossom
management to cease shipments OF
1850 tons OF silicious gold ores daily.
rather than meet the treatment
charges Of the smelling companies,
will cause considerable reduction
In the tonnage provided by the TintIc
camp.
A consolidation deal involving sew
eral properties In the Ophlr district
In Tooele county. Utah. is pending
and activity In the district has rccciy'
ed decided impetus. 1t is expected
that within two months at least there
will be considerable shipping from
that locality.
THE Mason mining district is pick
Ing up in good style. ana It is destined
to be one OF the great copper camps
Of the country. The greatest merit
Of the camp lies In the number OF
pounds OF copper contained In tho
average ton OF ore" says u salt Lake
mining expert
A regular quarterly dividend OF not
less than 4 cents share will be post
ed October 1 on the stock OF tho Sioux
Consolidated. when this payment Is
made the company will have cash In
It's treasury sufficient for three such
declarations, aggrcgating approx
matcly $4,000 each.
The tramway between the lntcrna'
tlunal smclter at Tooolc, Utah, and tho
Consolidated Mining company's High
land Boy mine at bingham, Is now op'
Grating satisfactorily It Is ON an air
line from the mine TO the smelior, four
miles In length. with net ducrcnco
In elevation Of 1900 feet.
For Increased developments at tho
Utah Copper, three more steam show
els will shortly be added IN develop
Ing ore In the Boston Consolidated
property. with the acquiring Of Cop
per Center Gulch the company cpn
more conveniently handle It's over
burden. and for that reason opera
tons caa be increased.
Reports received In Salt Lake from
| Tucson. Aria, TO the effect that tho
King OF Arizona, near the Silent king,
which is owned by salt Lake interests,
and claimed TO have been one Of mo
| heaviest gold producers In Arizona.
| has been closed down and would
never be operated again are cmphati'
cally denied by officials OF the com
/ pany.
The impression is well cemontcd that
| from now ON there Is going to be UNI
usual opportunity afforded by willing
/ capital lcs the development OF gold
mining enterprises, says the Salt Lake
| Tribune. and those who are in touch
with the situation claim Il Is far easier
to secure financial backing for gold
| proposition than 10 has been since tho
| palmiost hour OF ttc recent Nevada
] excitement
A gold strike was recently made In
the Cocomongo district near Cherry
Creek, Nevada, which had It occurred
several years ago, would have caused
stampede equal TO that OF Goldheld,
but owing " the present stagnatiun
In mining, the now discovery occa'
stoned but little comment From all
appearances, the rock, which contains