The Citizen. [volume] (American Fork, Utah) 1903-1912, 1912-08-24
AROUND THE MINES

|
II is reported that the Mcdonald
lease on Charleston Hill at National
has struck some $500 ore
Utah Copper will make 100000
pounds OF the metal in August, ac-
cording to Col. ID. G. Jackling, who IL
quoted from Boston.
Word was received from the Comet
Placer, Nevada. that the gravels go
ing through the plant continue to
yield handsome returns.
Alaska Gold Mines Co, par $40,
capital $s.147,00O. will be brought out
by Hayden Stone q Co. OF New York
curb and Boston stock exchange about
September 1.
+. Augustus Heinze has been cited
by the federal Judge sitting at Wal
lace. Idaho, TO appear with his rec
ords In the now famous Stewart Min
ing company's receivership suit.
In Star mining district in Utah,
everything il booming along moro
than 1t has any time in the last ten
years. The shipments OF ore are Ger.
tainly increasing every month.
Ore shipments from the Park mines
for the week just ended amounted 20
LOSS tons. of an estimated valuation
OF $72,200 This is over 300 tons more
than the total for the previous week.
The newspapers estimate that tho
increased wages recently granted at
Butte. Anaconda and Great Falls on
the basis OF lie for copper will cost
the companies about s2.225.0 per
year.
Park City ore shipping records for
!, tho past several weeks shows that
the Barry-Coxe Mining company.
which last year took over valuable
ground on Scott Hill, has been aver
J aging two carloads week.
: Copper has never figured In manu-.
facture OF rails in this country, but II
now seems likely to do so, In which
event there would be new demand
for more than 100000 900 pounds OF
the metal per annum, says the Boston
News.
Utah coal production il increasing
by tremendous strides. The first year
any statistics of coal output were
ISSUED was 1870. when the output
measured $500 tons. This was In
creased to l4.74s tons In 1880: 3lS,159
tons in 1890; LA o27 tons In 1900.
and 2.5l7.S09 tons in 1910.
Tho Horn Silver at Frisco, Utah.
IL employing about hundred men
and advertising for more all the time.
The contract which they recently
made for the handling OF their zinc
ores In Oklahoma Is going to enable
! them to ship an immense tonnage, at
| a very profitable contract price.
Effective September 1, the Bingham
mine operators have adopted the fol-
| lowing wage ecale: For machine
| men. 1925 per shift; helpers. 50. For
hand steel miners. from s2.75 10 SO.
| the maximum to apply only to such
skilled laborers as in the opinion OF
| the companies are entitled To that
| wage.
Diligent inquiry among producers
j handling the bulk OF the worlds cop
per production has revealed the fact
that consumers of the metal. not only
In the United States, but throughout
European countries as well. have not
yet fully covered their September re-
quircments, says the Boston News
Bureau.
In the hills west OF Beaver and to
the east OF Milford. Utah. the Oak
Leaf on east side OF the hill In max
ing a grand showing, and on the west
side OF the hill the Old Cave and the
:. MONDAY are both producing ore. Also
= development work is being carried on
: extensively and more aud more men
= employed all the time.
~ Brokers who buy stock on margin
a for customers must keep the stock
constantly In their possession In or.
a der that II may be delivered immedi
X ately upon the payment by the Gus
toner OF the arsount due, according
a to a ruling by the appellate division
\. Of the supreme court OF New York on
A June 81
d A regular and well defined ledge, II
d Ia at least an unusually large ore
Il shoot and considerable OF the ore Is
: easily OF good shipping grade. Such
|
o men who have visited the recent sill.
n yer strike at Jet canyon by Indians
a says the Manhattan New Post. This
Q strike was made In the early part OF
1. May.
o For the week Just ended the ship
n ments from Tintic district tota.ed POS
o carloads OF ore. That Just equals the
n weekly record made last March. This
o Is approximately l02j0 tons OF an
u estimated valuation OF we'll over $3.50,
o 900, The previous week the camp
o clipped 1877 cans; the week before that
I 1893 cars, and the week before that
u 1888 carloads.
q Cheerfuness and confidence con
% tinued to dominate speculative senti
Z ment In the stock market In New York
u last week. The increase In prices
q reached new ground, advancing above
u the Level touched In the April rise
the highest OF the year until then
. During the month OF July, the Bling