The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1911-09-22
MINES AND MINING

I Jus llllll VII NllF ANlu sun NNVIIflNN
near Soldier. Idaho. is running daily
on ore from slx.foot vein. ore that
is milling $il per ton. Manager Gcsler
having force OF nine men at work.
Twcnty.thrco copper properties. all
but one in the United States, despite
low metal prices. have divided among
holders OF their stock, during l9lL
profits In the shape Of dividends
amounting TO S2tiOG2s5.
a force OF thirty men was put to
work mining gypsum ON the Nevada
Douglas quarry last week, Supcrm.
tcndout nurh.dec having received
orders 60 have the quarry lu shape to
begin shipping 100 tons oil the mater
BAL per day boy the ist Of next month.
lu the successful operations Of tho
Yukon Gold company In the klondiko
section. involving the search Of gravel
Tor gold by the aid Of gigantic dredgcs
aud electrical power il the answer
to the pioneers OF that section as to
tho future OF this cold.bound rich
placer corner Of the globe.
with twenty producing wells, over
dozen rigs now actively drilling new
wells and monthly production Of
approximately 5000 barrels Of high.
grade. tho Spring Valley. Wyoming.
oil field is beginning to cause oil men
/ throughout the country to turn In.
| qulring eyes toward this field Of In.
/ dustfy.
For the month Just passed 1856 cars
making 7.iG6 tons Of ore. were shipped
over the Denver & Rio Grande TO
different smoltcrs In and out OF tho
state, says the Park Record. while
1875 cars. or 50ij tons, were shipped
over tho Union paciuc. making
grand total OF i2.i7i tons for tho
month
The II Ora, near Soldier, Idaho, IN
running full blast. with a crew Of 20
men, NJ present. The ore IL all from
tho west DRIFT on the iO0.foot level.
and Is milling $50 per ton. According
10 the United states assay. this prop.
crty ia producing the hlghcst grade
bullion In Idaho. running from $3.50
TO &l3G5.
A correspondent writing from Ryo
Patch says the Conlin lease on tho
old Rye Patch property is shipping a
carload OF ore this week w. ID.
Burland has the contract for hauling
the ore to Rye Patch station and lg.
urca on carload Of forty tons a
week from this on, says the Hum
boldt star
Dlyidcnd.pnying American mines
and works. during the first eight
months OF 1871 make "A showing that
is commendable In view Of the unsat'
isfactory condition OF the metal mar
\ ba.-ny s~ess,~ made ,a Alalns aud
Engineering World. 1884 companies
distributed among shareholders diyl'
dcnds totallng i5i, sG53iG.
The year IN Mexico has been one OF
greatly diminished production. but
eighteen companies found II possible
to share profits. though largely re-.
duced. with shareholders to the extent
OF S3AOO,GOG To date these com.
panles declared dividends totaling
$50 200. s37. a ninety.four per cent re-
turn on the outstanding share capital
on September 80 the Yukon com
pany will pay It's ninth quarterly dlyl'
dcnd. which is at the rate OF 30 pee
cent per share per annum. This viii
bring tho total dividends TO S3l20.6lO
In 1908 the profits totaled 100000;
In 1903. $4,000; In 1910, N,i50,OOO
and material increase over the lat
ter figures Is expected during 1911
That Utah has immense deposits oil
valuable marble. sufficient In quantity
and suitable In quality TO warrant Ia
use In public and private buildings
and that the state In destined some
day to become famous In It's produc
ton OF such material. Is tho opinion
OF ID. \. Collott. executive secretary
/ Of the Manufacturers Association o
, Utah.
Northern Noyadas gold camp o
|, National In now experiencing n TEN
: porary setback on account of the re
. tardlng operations OF the litigation
breeding apex ruling which, by recou
MIXING no sldellnes OF Gains wner
= orc shoots pass from one property L
. another, puts stop 10 SUCCESSFUL OF
eratlons and nils the courts with lon
. and vastly expensive lawsuits.
Tho output OF tho Tronsvaal gol
mines during August broke all rec
ords. The total number Of ounce
, OF gold mined was 7i3.iO7, the yalu
OF the metal being approximate
. sl4.751s53.
The Federal Mining and smeltln
company will pay It's regular qua
/, terly dividend OF "a per cent, or t2iO
, 900. ON It's preferred stock on SCI
I tember 10, This makes profits
$3.50 600 paid 30 far this year. tn
= dividends paid on preferred stock
J. date total S6,A3i,00
!. There promises to be an lnteres
n ing sequel TO the running OF Chin
!. man out OF Terrill. the new mimi
a camp thirty miles from Fallon, n
8 yada. The Chinamnn was escorted
g the camps outskirts and ordered
n leave. II is understood the Chinama
a. mud IA