The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1911-02-17
MINES AND MINING

Mining pure metallic silver in vein
the width Of a mans hand is one OF
the wonders OF the 1900 level OF the
Tonopah. Belmont mine.
With It's long trsmway I'm operation,
the handling OF ores from the Utah
Consolidated mine at Bingham IL said
TO have been reduced from ~ cents
to 10 cents ton.
It cost the Utah Copper company
s.227 cents per pound to produce
2.1Ss7i9 pounds OF copper in the
quarter ended December 81. as com.
pared with SO cents for 23.194,g2l
pounds in the preceding quarter
The Spring Valley (wyo.) oil field.
less than 100 miles east Of Salt Lake.
now has nineteen producing wells.
The output from the two wells on tho
Texas King property alone Is 100 bar.
rcls every twonty.four hours.
Production OF tin IL about 100000
tons por annum and consumption
about the same. and both remaining
fairly constant This prevents accu.
mutation OF considerable stocks and
renders the market easy to manlpu.
late.
The United States Steel corporation
announced on February Z an Increase
In tho price OF tin plato from $500
10 $3.50 per hundred pounds. There
VAS a similar advance by Independent
manufacturers in the Plttsburg dis.
lrict.
As n direct result OF an amendment
introduced by Congressman Howell
Of Utah. government employees In
mine research work will be pension.
cd In case OF injury tho same M other
government workers In hazardous
pursuits
There IL much talk OF mining boom
lust now-not only talk. but unmis.
taxable indications that warrant the
belief that n vastly improved condi.
ton. at least. will actually onsuc. at
40 distant time. says tho Mining Rec.
ord OF Denver.
Nevada mines produce $40. 100000
In 1910, and paid dividends aggrcgat.
ng {ll,i09Gl5. The production IL
gain OF Si0,OOO,OOO when compared
with 1909 Three fourths the min.
eral production IL credited to Gold.
Held, Tonopah and Ely.
LoascrB on what In known as tho
Mig six property In tho Black Rock
district near sulphur. New. have
struck very rich ore. Al n depth OF
only twelve feet they have two feet
nf ore that assays In tho nelghbor.
hood OF $1,000 to the ton.
The senate has pansod the bill In.
troduced by Senator Smoot NJ the re-
quest OF tho secretary OF tho treas
iry and authorizing the treasury do
partment TO hold In forelgns coins
not TO exceed one-thlrd the gold 70
serve for the redemption OF gold GER
uncatoS'
Preparations are being made at os-
ceola' Nevndn, for doing considerable
placer work In Dry Gulch this com
ing spring when the melting SHOWS
on osceola mountain viii be furnish
ing sufficient water to move tho dirt.
Thc gulch Is famous for Its produc'
hon In the past.
Things are looking encouraging at
Manhattan. north OF Tonopah. where
many are leasing with profit Tho
miners have been Handicapped because
| OF unsatisfactory milling facilities.
but this Is being remedied and leas.
FRS are now working on a profitable
basis with charges down TO reason.
able figures.
A great gold find has been made in
the winnemucca mountains, only a
few miles from wlnnemucca, Nevada,
Samples OF ore have recently been
lssayed which are said TO have shown
values OF from $4,000 to So, OOO Per
ton, in gold. There ia n stampede on.
and tho country for miles has been
Btaked out.
Events OF the last few dayg are CON.
Enclng that tho foreign syndlcate
| which has cornered the world'a sun.
ply OF tin is stiI in control. On Jan.
uary 30 the London price made n new
high record OF e203 i6d. an advance
Of eco ton from the low OF 1910,
nearly one.half OF the advance hav.
hUl I'D Ia. To