The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1915-11-27
MINES AND MINING

vi iotC sSAio 6oiu
from quartz veins in California has
exceeded that wen by placer mining.
Shipments of ore from the Tintic
mines last week totaled 121 c2r.oads.
This is estimated at $3.50 tons, valued
at $151 900, compared with 106 car
leads the previous week.
Ore carrying $50 to $40 in gold is
being taken from a tunnel which was
sent in to tap at depth rich sur
face discovery made probably a year
ago by the Centennial Eureka, in TIN
tic district.
Los Angeles is to have another
stock exchange, one which will deal
in mining and metal stocks exclu-
siyely The name Of the new institu-
ton will be The Southwest Mining
Stock Exchange"
Tint;c mining men who have been
under ground at the Lower Mammoth
mine during the past week art quite
enthusiastic regarding the new body
of silver-copper ore that is now being
mined on the 100 level.
More than two feet of ore is re-
ported in the Naildriver of Park City
Utah, and it is reported that the first
shipment will be made in a short
time. This is from an GRE body op.
ened off the 800 level.
London speiter is cornered. The
supply, already small, has been made
scarcer by action of the British gov
ernment, which has first call upon all
stocks of spe.tcr regardless OF grade
says an. eastern authority.
The Utah Chapter of the American
Mining Congress has taken the ini
t.ative locally to arouse intere-t II
the convention called by the Mining &
Metallurgical Society CT America t
meet at Washington, d. c., December
16, to consider reviFion Of tht mining
laws of the United States.
According to the Mining Outlook
the Consolidated Coppermines, it il
said, has received a report on tht
property from j. Park Claiming
which is exceedingly favorable, rec
ommending the development Of tht
property, especially that part adjoin
ing the Nevada Consolidated.
What appears to be strike Ct som
Importance is reported in the Carbon
ferrous property in Kelley gulch, say
the HALEY, Idaho, Times. The or
vein was cut at right angles by drif
last Sunday, the work exposing a soil
body CT ere the Dimensions of whic
cannot be guessed at intelligently
The second big deal in oil Ian
leases in newly discovered field
made at Thermopo.is, Wyo,, in for
night has been put through betwee
local syndicate and the Ohio .
company, the latter taking over tn
syndicate's lease on 100 acres in tn
Elk basin for consideration Of Slle
coo.
Relative to the operations of tn
American Sme,ting & Refining con
pany, eastern advices say: There col
tiDues to be steady improvement
the Mexican situation, where the cor
pany derives a very large revenl
from its silver mines. Operations
this point are probably running bett'
than so per cent capacity.
1t is understood that the Ontario
Park City, Utah, is contemplating II
installation Of large pump on II
LOO level and will work the Old mil
on larger lines than in many year
1t is said that the deeper levels ha'
some good ore showings which Will
worked as soon as the mine is
shape for production.
Probably the allabsorbing questi'
regarding Butte & Superior now
the size of the extra dividend to
paid at the close Cf the year, sa
the Boston News Bureau With eal
. ings up to the end OF September
$6,000,O00, out OF which dividen
of $2,60o,000 have been paid, it Is G
: dent that stockholders have lucio
/ plum coming to them.
It If the investigations that are bel
carried on at Present by thousands