The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1911-04-21

we're $4,000. AGAINST $4,000 for
February. ana dividend requirements
call Tor S5SOOOO per month
Work will be resumed next week on
the Nevada Gold Butte Mines com.
panys promising property located In
CLARK county. In southeastern Nevada.
twenty-five miles southeast ot ~.
Thomas and nifty miles from Moapa,
the present nearest railroad shipping
point
Copper supply statistics continue to
move In opposite directions abroad
the surplus In decreasing while In
the United states the Increase is
quite as persistent Unfortunately
the decreases abroad are not sum.
cicntly large to Offset the accrctlons
here
A number Of carloads Of rail and an
engine for the new railroad into the
yellow Pine mining district arrived at
Jean the FIRST part OF the week. nc.
cording 10 report from Good
Springs. Grading has now been com.
. plctcd to the mine Of the yellow Pine
company
During the month Of March tho
TCnopah Extension company OF Ton.
opah. Nevada, produced twenty eight
bars Of gold ana silver bullion. weigh.
INK 1891 pounds. for which the sum
Of $4,000 was received. This bullion
was squeezed from i.Oil tons Of ore
during the month.
As far as can be determined. tho
first successful utilization ON a large
scale Of the western phosphate dopos.
It's OF the Utah. Wyoming and Idaho
field has been accomplished by the
Morse 3. Dufield ana Lewis A. Jeffs
interests OF Salt Lake City. Shipments
are 20 be made TO California.
Goldneld Consolidated keeps up Its
grand work. For the month Of March
II produced 25.Sli tons Of ore Of an
average value per ion Of $40 and q
net profit for the month OF $4,000.
The gross value was 800 900, H. be.
Ing the third In the history Of tho
mine that the gross earnings have CA.
cccded the million mark
one Of the biggest testimonials paid
10 the Oldtlme Comstockers IL fur
ulshod by the discovery OF an onor.
nous body OF pay ore on the Mexican
OF that group Within the last two
weeks the state has been amazed. II
not startled by returns from the 1900
level which disclosed riches that com.
pare most fayorably with the best pro-
duct Of the lode that made Nevada ia
nous
The silver King Consolidated Min.
Ing company OF Park city, after three
years Of litigation, has received one
of the largest judgments ON record In
mining suits The defendant In tho
action IL the silver King Coalition
Mining company OF Park CITY Judge
Marshall Of the United States district
court decrced that the Coalition
should pay 10 the Consolidated SjlG.
2Gi as its share OF the value Of ore
extracted from the Vesuyius, u claim
owned Jointly by the two companies.
together with Interest and costs,
which increase the judgment to $751;
2i2,
Placer mining Ii taking consider.
able attention In the Osceola district
, as the snow ON the Osceola noun.
tain rs beginning to melt and at the
higher elevations the water Is Just
beginning TO run, says the Ely, Neya'
d. Exposition
From Wallace, Idaho, comes the
word that the volume Of ore barred and
broken, the readiness 10 market and
mill lbs products, and the general
ylgur with which operations are pro
cceding suggest 10 spectators that the
Marsh Mining company will enter the
Inst Of dividend distributors possibly
before the stewart
A few miles to the north Of the oil
spring in Whiskey creek is the Range.
l. Is prospective OH field. situated Ia
Raven park. q short distance north OF
the Colorado base line on the borders
of Utah and not far from the corner Of
Wyoming, Colorado ana Utah.
Il was learned Saturday that Salt
Lake mining men have organized the
Utah Development company Tor the
purpose Of operating a Two years
lease on the Crackeriack Fraction and
Lady Gladys claims In the National
mining district Of Nevada, The com
pany is capitalized for 100000
with the FIRST quarter OF 1911 ended
II is apparent, from reports made to
the Mining World by American mines
and works, that the year, despite the
present unsatisfactory condition OF the
m0tal markets, Will prove OF unusual
profit 10 holders OF certain stocks.