The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1911-07-14
MINES AND MINING

Big Cottonwood canyon OF the Wa
satch range OF mountains. east OF
salt Lake CITY
The hghe.t price paid for zinc sul
rhidc ore loo the Joplin district during
the past week. was So per ton, the
base ranging from $40 90 Si3 per ton
OF G1 per cent zinc a.lioaic sold at
$50 and go per ton OF 10 per cent zinc.
Frcn gold from the hills In the
noighbuhuod of Battle Mountain. Col.
couda and WuucmuCcl ia attracting
moro attention this sprlnr uud sum
mcr than "a, amy other period Ia the
history OF the northern part of Ne.
,1dn
West Maucos iu Colorado. not far
from the Utah line, now has o big rush
on. according TO word from there.
where % iH said some very rich dis
coycHos have been made In the past
fortnight. one n the discoycrcrs being
a barber.
a total net income OF S5G2.a22 per
quarter against dividend requirements
OF S37j,OOO. is the gratifying record
that has Just been made nv the Ton.
opah belmont Mining company and
undCr tho handicap OF insufficient
milling capacity.
Utah mines are making q splendid
start In the first hpli Of the gear 1911,
In the way OF putting out dividends
This already amounts 10 S3igi,5SL
Three new dividend payers have Join
cd the list this year. Opohongo, cha
Mining and Eureka Leasing
+. \. Dlnahcr OF HALEY. Idaho. has
! completed the arrangements that were
| pending for some months TO concen'
/ trntc the tailinrs OF the Rcd Flo
/ plant group Of mines. The lease 10
signed. and the materials aud machin.
cry for the mill are ordered.
According to a. W. Nicman. man.
ngcr. work has been resumed at tho
property OF the Wasatch.utah Min
ing company over in Little Cotton
wood near Salt Lake. whore pay
streak OF two feet Of ore has been un'
covered. About dozen men are be
ing employed.
Recent advances in the price OF cop
per from IL to i2h cents per pound
IL sustained. mean that the present
rate OF dividends on several Import
ant copper stocks can be earned will
something to spare, whore ON i2-cen
copper only four companies could show
earnings equal to dividends.
For the first time In tho history o
the Tintic Mining aDl development
company. which owns the Yampa prop
erty at Bingham. the property Is earn
Ing money. and no near a8 can b,
learned the earnings OF tho compan!
are between $4,000 and $4,000
month. says the Boston Financla
News
Within n radius OF twenty-five mile
of the famous old gold camp OF Tui
carora In Flo county. New. nearl
Sl0,OO0.O0O. largely gold. has been q,
tracted. mainly from the placers ruI
ming out OF Bun Run mountains. tai
Ing IN Silver Crcca, Indian Crcel
Van Duzer and Bull Run creek, Ii
tie further to the north
The Daly.Wcst at rark City II I
pay another dividend on July 10. Thi
quarterly dividend amounts to sd .o0l
In April Of this year similar div
dend OF $4,000 was distribute,
amounting to SiJS 900 for the FIRST hal
OF 1871, This ElEcs this famous Par
City property "A total dividend 10 II
credit to date of SG.2Ol,OOO
/ Complaints, Increasing OF late. AZ
made by some big as well ns sma
/ mine operators. whose stocks hny
, been listed on the Salt Lake Mlnin
, exchange, They claim that some ,
the brokers now and then handy the
r stocks around In manner injurlou
r TO the mine, hurilul TO the stock AN
}. In manner rcilecting ON the govern
3. ing board OF the exchange
4 Moses Purcell. one OF Goldncld
best known miners and prospector
=. participated In a one.man celohratiO
I last week In honor OF the fifticth al
}, niyersary OF his arrival IN the soutI
8 ern Nevada mining districts. Accor
o Ing To friends. Mr.. Purcell nifty ycai
e ago dropped his blankets on tho Owe
!, land stage In the Carson valley. an
h commenced tho lifelong search (,
!. gold In which he Is still engaged.
p one hundred tons OF ore from N
T. CGrdin mine in Big Cottonwood, ne,
! N rl 10 l.f a. ssft