The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1912-05-24
MINES AND MINING

FROM Ely, New, comes WnFI That /
large body Of silver Head ore has boon
struck In the Ely Gibraltar
The organization " the New Tono
pah Golden Grown company is being
perfected. and 1t is stated that the
financial end of tho company Ia sue.
ccssfuly arranged
Ninety per cent " the Prince con
splidated nlnc.milc branch ut Phoebe
Ia reported completed and the other
10 per cent should be finished and
ore hauling begun by June l.
King " the Iiills. one " the best
prospective mines In the eastern end
Of Beaver county. Utah. has resumed
work. and the expectation Ia To main.
tain a steady campaign Of activity
there from now on
Nevada mining companies paid In
April q total In dividends NJ S2.i5l.
51i as follows. Goldncld COnsolidit
ed Mines company. {i.779.t1i. Touo
pah Mining company. SiOO.Ooo; Tono
pah belmont. $4,000
The directors OF the Seven Troush'
Coalition Mines conr1uy hav" noll
fed the Stockholders that dividend.
No Of 2ik cents share has been
declared. which will call for the dis.
burscmcnt ~ about $50 iOr on july l..
Utah Rare Metals company has nm.
ally forwarded ita first carload OF uri.
mum ores from its property near
Richardson, Grand county. utah. Tho
ore goes to New York for cunccntra.
ton. after which the concentrates
will be shipped to Germany.
The Consolidated Mcrcur Gold
Mines company will declare diyl.
dend Of 2 cents a share. or 100000.
This IL the first dividend Of this com.
pany since December. 1906. aud tho
payment Of the same viii bring the
total paid by this company to $3.il5.
3i2.
For the past 1--WE months. pcccm.
her TO April Inclusive. the Goldn,ld
Consolidated has failed to meet he
dividend requirements nj It's prcsont
s. rate by S5i7.OOO. that ~. dividend
requirements have called TO- S2.nii..
oOO and net earnings have only been
$2.33S. goo.
From Provo comes word that work
will be resumed at once ut the prom.
orty Of the Tintlc Dolamar. This IL
said TO be the result of surropti
tlous recent visit Of the directors to
the property. which IN located In
North Tintlc, east of Lchi Tintlc and
northeast Of Selma
During the month Of April prod1c.
ton ut the Nipissing property amount
/ ed TO 3SO.937 ounces. valued at S215.
1i5. There was shipped ore valued
at $22O,6S3. Production for the month
compares with that OF 3sG,g7S ounces
In March and ass. 0a6 ounce. In psb-
ruary.
Another bar OF gold bullion, the
seventh since the resumption Of work,
has been received In Salt Lake from
the Wheeler Gold Mines property OF
Nevada. This Is a Salt Lake owned
property The seventh bar will sell
for $1,000 TO 81 800. and will bring the
total receipts from this source In a
short time about $l2.5OO.
ore shipments from the Tintic dis.
trict for the month ~ April amounted
TO 1898 carloads This Is approximate.
ly 36,ij0 tons. which at 500 ton
brings the production OF the camp mp
to $4,000. or At the rate OF nearly
100000 for the year March with
It's 92O carloads was the heaviest ship
ping month In the history OF the
camp.
Santa Marie mine. In the tops Oi
the mountains. ten miles north Of OK
den, had rather bad luck In April
when u big avalanche Of snow came
laundering down the mountain, carry
ing away bunk houses and damaging
machinery. leaving the portal Of the
tunnel under twenty feet ~ snow
The damage viii be repaired as soon
rs possible.
Although Denver has succeeded In
holding the headquarters Of the
American Mining congress- In the face
OF It's failure to keep It's promisc
yoarsold 10 make suitable provisions
for the accommodation Of the instiiu'
ton. there In a still strorge' dispDsi.
ton than over 10 .emoy' the head.
quarters 10 some other spot II seems
that Washington, D. C., In q 'avOrlto
location. says the Salt Lake Tribune.
Caledonia yinng company. which
has dlsbursed $4,000 In dividends
since the beginning Of It's operations
In the Occur d'Alenc district, an.
nounces through William A. Nichols
OF Spokane that machinery has been
purchased TO make the mine one OF
the best equipped properties in the
northwest,
SO.callod genuine lava tips" are
not made from lava. but from tale,
with which soapstOne Is closely al.
lied. The tale and soapstone indus
try is an important smaller branch
OF our mineral production Lust
year, according to report by J. $
Dillor Of the United States geological
survey, issued as AN advance chapter
from Mineral Resources for 1911,
the production WAS 1851 short tons
valued at $l,Gi6.0lS.
Ophlr Hlll's i5Oton mill Is bens