The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1911-03-10
MINES AND MINING

Vied
De Phoebe Dcmijohn Mining com
psy has made application for listing |
prhe Salt Lake stock exchange.
alvor King Consoldated's annual |
metng at Park city OF stockholders. |
relied in the reelection OF tho old |
bort and officers.
;p rich strike near winncmucca.
svsla, continues TO improve and the |
pighnl discoveries are preparing to |
rak, a shipment OF $500 ore.
Th new ore body Of the South .
uah which was encountered a tow
tonNs ago In the Col French drift
hs been developed TOR 100 foot 20
lingo and averages better than four
tr cent copper.
Runors are rife again that an effort
/ beng made to build line from O
pint on the salt Lake Route into
lsep Creek and Ducvay, and that 10
ufhdcnt induccmcnt IS offered II will
h offended into Ely
Hehze is now being fought to a
hlsh by mon who claim he has
wOmfully invested DayisDaly stock
h th Porcupinc district, Ont IN
piciig his assets. llcinlc's attorneys
tacethcm ut {I97O,OOO aud Liabilities
B 100000.
SAL Lake people Interested In the
kariopa Queen on company Of the
Ndny field in California recently
rrclpd word Of the striking OF a
sfotf flow OF oil and gas at n depth
81 100 feet on the company's prop
cry tear the Lake View and Obispu
gvshEs.
Dlnctors OF the Copper Ranch
Mlnlg company Of Beaver county,
Unh met Tuesday or last week aud
ltriG an assessment OF two mills on
each share OF outstanding stock rho
ohlcc was TO liQuIdate certain debts
ouisunding against the company, and
70 haze fund In the treasury.
JaSidgo Is In the line to secure
wltei power according to W. d. Roy.
noldi OF Mountain Home. Idaho. who
has been In the camp investigating
with the view Of furnishing power
fG rlll and mine on account OF
llmild fuel and high cost Of transpor
taio, It Is thought that this power
must come from without.
Th worldwide hcraldod Cobalt
lool1 sort Of like a pigmy when com
pira with Utah's Tintc when the
real lest Of camp Is laid down. viz,
The ire tonnage, says the salt Lake
Herd. Cobalts Is. Of course. richer
hoNWor. Cobalts average weekly
tonugo is about 4s7 tons, whlol that
Of 1ntic is nearly 5000 tons more
thnthat each week.
Attic annual meeting OF the rlor
oheGoldneld Mining company al
Gsldeld on March 1. former onioeri
rsHSSsrcctors were reelected and
dividend OF 10 cents per share wa
declared, involving the payment q
$4,000. payable April 2. The man
aEr reports tho important discover!
OF an excellent grade OF ore lively,
feet wide in the northern extremity 0
IN property.
Writing from the camp OF Natlona
In northern Nevada, an experiences
mining man from Salt Lake declares
that half tho men working In the Ma
tional Mines property go armed. an,
shift bosses carry slx-shootors instcal
Of picks. He says over 100 men ar,
employed. and he has been told o!
men working In the mine that the!
haTo taken out 100 pounds OF ore II
one shift. which went $40 TO IN
pound, or $1,000 for one mans elgh
hours OF labor.
Within tho next four weeks. II 4
he intention to Increase shipment
fom tho property OF the Scranton
Nning a. Smelling company In Nortl
rhtic from 100 to at least 1000 ton
month.
Oklahoma capital ia taking hold o
several properties In Contact Nov
ari extensive developments ar,
Planned for this year, work haylnl
been already commenced on two 0
The groups OF claims.
Tho Guggenhoim Exploration com
pany, which has always been CLOSELY
bed, and has had a limited marks
on tho curb. will shortly announc,
an increase Of It's capital from $50,
100000 to sjO.O0O,OOO.
Maurice NJ. Bacon Of Butte. genera
western manager for r. A. Heinze, whit
ooatrols the Stewart mine near Kel
logs, Idaho. confirms the report OF Al
important as well as surprising or,
strike on that property.
The deepest shaft in Contact. Nc
yada, is about 300 feot It started
in the malachites; then went int
bomite and finally at water leyo
reiehed the sulphde sone. That wa
sunk about three years ago.
The principal outcropping vein a
the Ajax property at Contact, Nevada
Is nearly thirty feet across and cal
be traced for three miles through thu
property. This outcrop shows two u
ten per cent in copper values
Tho Stewart mine, near Kellogg
Idaho' Is now shipping more than 3j
tons OF ore to the mill at Wallac,
daily. and as soon as the new ore pin
which are under construction mr.
completed the property viii be shlr
I Ming at the rate Of 4b0 tOng Il day.