The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1912-08-02
MINES AND MINING

bingham Now Haven is paying an
jthcr 10 per cent dividend amounting
% $4,000. total of t6SGOO for this
year, aud fiSo2i9 In AL
The sale OF iO,UuoOOO pounds Of cop'
per ON Tuesday Was reported from
the east, the price being l7a, cents.
Tor delivery as late as IN September.
The unh.WyomiuE Consolidated AZ
byron Wyo. has its Gis inch casing
down 1860 feet This will be- sent TO
the 1900 level ni once completing the
well within the next 30 days
The coal mined in Wyoming Ia btu.
minous and sub.bitumiuous More than
half uf the product COMES from the
kommurcr district iu riuta county
and from the Rock Springs field ia
SWcotvatcr county
The geological surveys estimates
give Wyoming credit Tor larger orr.
sinal coal supply than any other state
except NOrih Dakota. which BE- csti.
mated to have contained originally
100000. UoO.OOU short tons of coal
Wyoming is the second largest coal.
producing state In the Rock mountain
region. Colorado ranking first, and II
production lu Wyoming continues TO
increase within the next few years az
It has done In the last twenty i've. u
viii soon rival Colorado Tor the nrst
place
The high price Of zinc sulphidc ore
in the Joplin camp during the past
week was SG3, the base per ton " 60
per cont zinc having been So to $50.
Zine silicatc sold from $50 to S3l per
ton ot ~ per cent zine The average
price. nll grades, ~ zine, was fiG32
[ per ton
Tho GUY ~ Mexico correspondent
| of the Ioston Financial News states
a wclliniormcd source has II that
/ there viii be- not less than siOo.OOO.O0O
| Of foreign capital invested In the re-.
public during the next fow months
! lie believes the wars are a thing Of the
past.
So FAR ns known 10 the unitcs
| States geological survey the only his.
muih.boaring ore produced In this
country during 1911 was In la Plata
county. Colorado. which carried G to
4 per cent Of bismuth. This ore, how.
ever. was sold for It's gold aud silver
contents.
The reorganization committee NJ the
Neyuda.ulah Mines a Smelling cor
poration has acquired tho property for
100000. Stockholders were assessed
80 cents q share, for which first mort
gage convertible bonds. together with
200 shares OF stock Tor each 800 sub
scrlbod were given.
The dcmnnd Tor xAuc or~ uua IN
consequent enhanced value OF tbh
I mine producer has changed tho plans
OF many Utah propoaftions. especially
In the Tintic district, and Tlntlc gives
promise Of being an important con
tributor Of this class Of mineral wealth
during the balance Of 1912.
Directors OF Lower Mammoth Is
sued scml,annual report TO stock.
holders. In which II IL shown that dur
Ing the past six months 5000 feet OF
drifting and $50 Of raises have been
accomplished aud that on July there
was an oyodraft Of t5,09l,75, with 81.
10 Si312 due on assessment No, 30
, with sS.OOOOOO Of s. 10 $40 gold orc
In sight and estimated, the old Buck
|, horn mine near the l.anderEureka
y county line below Boewawc on the
, Southern Pacific Ia Nevada looks
T, good enough to George Wingilcld Ia
a commence 5000 tunnel and Ia
A begin tho construction OF a l0OOjon
A reduction mill
K The report comes from the Wllbcri
| property In Domos district. Idaho. that
d not before about August 10 VIII tho
/. mill be completed and operating AT
Il maximum capacity The force Of min
I ors Is being increased. From levels
/. No. / and most OF the milling ores
,. are coming at present The mil II
d running In small way.
n Returns received from tho Selby
e smclter az san Francisco on the ship
I, mont fEom the Sunshine mine show d
@ net bullion Of S3.i9i5i, says a Denver
dispatch This IL the first shipment
d from High Grade, and II IL stated that
d II has proved to be 500 per cent more
d valuable than the first car OF ore
d shipped from Cripple Creek
p. From "A rich silver mine apparently
It on the surface, with silver ore In III
N various forms fairly sticking out o.
II the rock, 10 a gold proposition OF goo'
ID milling grade and large size at a dcptl
* OF nifty feet, IA the remarkable chang
h that has taken place A. Swnstlka II
10 sinking the Wngncld shaft aud cross
10 cutting In two directions, says Man
II haitian correspondent
II In rs weekly review Of camp opoI
| atlons the Ely Exposltor states tina
10 the work on the property OF the NJ
lr yada Consolidated at the big Cope
3D. Flat pit and the Liberty pit has agui
resumed normal stoamshoyol an
churn.drill activities and the extrnctlo
of approximately 5000 tons OF ore PEE
AZ DAY In addition 10 many tunes tina
no tonnage In the removal Of overburdel
K W. u Broaddus, prominent min
W. owner. writing from High Grade cam
California, says the Sunshine mine Ina
new strike OF eight inches OF or
....,.Iu., am uUn IA tpu with atfenlgg ii