The Coalville times. [volume] (Coalville, Utah) 1894-1923, 1912-06-07
MINES AND MINING


states that during the eleven years
leoOl9io the worlds production VI
gold was something over $4,000 OUO 600.
The mines OF Tunopah during their
brief history. have produced sji.52S..
2S3 worth OF ore. and Sl3oO3.55g is the
sum paid stockholders In the shape Of
dividends
The United States furnishes about
20 per cent of AN the copper produced
In the world. according TO statistics
compiled boy the Engineering and
Mining Journal
The shannon Copper company for
the month OF April made profits OF
slightly over $4,000. which Ia at the
rate Of about 1925 per share ON tho
compnuys 100000 shores.
The wide spread Of copper since the
FIRST Of the year has Inspired the
hope In Boston that several producing
companies will increase their dividend
rate. Four companies already have
done 20 this year
Osccola and Blnckhorse districts
never looked better. according to 4.
q. liurritt. manager NJ the Ohana
Mining company. who has returned TO
salt Lake from a visit to the White
Pine country southeast OF Ely
The Snake Creek tunnel Is now in
1900 feet. whore flow of one.half sec.
ond foot VI water has been encounter.
I'D. Tho waterway has capacity OF
twenty sccondfcct and easily takes
caro- Of the flow, the grade being one.
fourth of one per cent.
The producing area OF the camp OF
Tonopah. Nov, now is 2.7UO by 900
yards In extent and there are sixty.
nine miles Of underground workings
In tho district. New dividend payers
are soon to he added to the list and
production Is increasing steadily.
Il is up to the directors OF the Colo.
RADIO az to whether or not the regular
three cent quarterly dividend will bo
declared the tenth Of June or not. nc.
Cording to President Jesse knight. Ito
admits there In u goodly sum still In
the treasury, said 10 be over 100000.
The United States geological survey
estimates that the coal land In tho
Black Mesa fields In Arizona. covers
b,209 square miles, and that the fields
contain iiOS2 100000 short tons, of
which S.OUO.OlOOOO tons are recover.
able. the rest being under very heavy
cover
Although Arizona has produced no
coal ON commercial scale. It contains
promising fields. which may be profit.
ably exploited when transportation IN
afforded and when population and
manufactures have reached point
which will provide market for tho
output.
Work will be resumed on the Carl
boo Gold a Copper company property
In Idaho. north OF Soda SPRING.
about June 20. Already n carload OF
high grade ore ls ready to haul down
and ship from Soda Springs. This
ore will run 10 10 20 per cent copper
and $50 In gold.
Some zinc ore running as high ms 10
per cent Is reported TO have been
found In May Fay. while ore running
as high as Sl2 In gold is reported in
wlnzo twenty feet below the 1000.
foot level. It is claimed az least 800
tons of the zinc product has already
been broken down,
In spite OF the heavy snowfall Of
the past winter, the old camp Of PanS
city. went right on producing an nv
cragc Of nearly 5000 tons a week As
this ore and the concentrates average
from $40 TO $50 ton. II means a
monthly production OF upwards OF
half million dollars.
A three quarter interest In the Es'
moralda at Gold Circle. New, has
been sold for $4,000. The Esmef'
aida estate In situated In the heart Of
the Gold Circle camp and Is a produc'
ing property Of great merit Almost
from the discovery Of the camp tho
property has been under develop
ment
"ore carrying more gold than rock
/ is common sight at the Adamson'
/ Turner mine near Nlnncmucch' nc
cordlng to local paper OF that place.
and regular shipments Of what is
called second class grade, but which
in most camps would be termed high
grade, are now being made from this
property which two Utah boys dis
covered nearly two years ago and
have been diligently developing ever
since
Production of zinc and zinc ore has
made a marked increase In the unIred
states during 1911. The total produc'
ton Of spcltcr In 1911 was 29j,S36
tons. Of which 5000 tons Is estimated
10 have been derived from dross.
SCRAP. etc against 1898 tons in l9l0l
and the remainder from ore. This does
not include the production OF spelter
by concerns which treat dross and
scrap only whose output amounts to
10000 to 10000 tons a year.
Arrangements have been made for
marketing all the uranlumyanadium
ore that can be mined from the Levi
group near Green River, Utah, and
the crusher and other machinery for