The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1916-04-15
MINES AND MINING.

More mining is in progress thisE
spring in and around Dugway than
ever before.
Copper visible supply in England.
France and afioat thereto decreased
2,4l0 tons from March Is to April l,
being 12,201 tens on latter date.
Shipments of ore from the mines
81 Park City last week totaled LIZA
tons, estimated at $4,000. This is 1
compared with 1913 tons the previous
week.
With two cars of vanadium sold
and orders for more on the books, the
owners of carnotite mines at Gate
way, Colo, have suddenly started the
mines at full blast.
1t is announced from Goldfield that
the 50-ton experimental fotation plant
at the Goldfield Consolidated has
proven so successful that a 500-tonl
addition has been ordered.
Stockholders of the Seven Troughs (:
Mining company are In receipt of the !.
1915 annual report, which shows cash
reserves of $20,605. The company has
S97,70 shares issued of the 1000, 900.
Utah Copper for the year ended De-
cember 81 1915, shows a surplus after
charges Of $17913,4S1, an increase Of
$9,2Si,990. This is equal to S110S
share, against $534 the previous year.
1t is understood that Nevada Con-
solidated, generally regarded as a cop
per property of short life, increased
its ore reserves during the past year
by approximately 100000 tons, rails
ing total to about 5O,000,00 tons.
Chino Copper Co. during the first !
twenty days of March produced cop
per at a rate in excess OF 100000 !
pounds per month. This comeback
from the smaller yields of January
and February is most satisfactory.
One of the directors of the Indian
Queen Consolidated Mining company
said last week that the property in
Beaver county Utah, has just under
work has been ordered started at
once
Shipments from the Prince Consoli-
dated the past week foot up to to-
tai of eighty-four carloads. This is es-
timated at 1920 tons, or 500 tons
day for the week. This is the heav-
lest single weeks production in the
history of the Phoebe mine.
Over million dollars worth of bri-
quets were made out of waste coal
dust in 1915, the exact production be-
ing 221 ,437 short tons, valued at ST.
035,716. This was the largest output
in the United States for any year.
with the exception of 1914.
From Dover, Del, comes the infor-
nation that a company called the
Utah Petroleum has been Incorporated
there for the purpose of engaging in
the business of prospecting for and
producing oil and natural gas. The
capitalization is $5,000,O00.
The directors of the Success Mining
company have announced the regular
monthly dividend OF cents share,
amounting to $4,000, and a special
disbursement of cents share,
amounting to 100000, making total
of $4,000 for this Wallace, Idaho,
property.
Production Of the mines of Tintic
last week totaled 172 carloads. This
is estimated at $500 teas, valued at
$215,O00. 1t is compared with 16S car
loads the previous week. These are
two OF the heaviest production weeks
that the district has experienced in
two or three years.
1t was reported last week that the
Exploration company's years lease on
the Ohio Copper has been extended
for four months. AS the lease was
due for expiration in May that means
that it will continue into September.
The mine is now producing about q
400 tons of ore a day.
Ed. Dyer, business man of YER
ington, who is in town for few days,
states that there is possibility OF the
smeiter at Thompson resuming in the
future, says the Carson News. He
states that several men Save been put
to work repairing the furnaces and
the cottages for the employees at the
smelter.
From Douglas, Wyo., comes word
that the Wyatt Oil & Refining COM
pany, composed of Colorado capital
lists, who fortnight ago made the
purchase of the Brownfield and the
First National Bank properties in
Brenning basin, twelve miles from
Douglas ARE actively preparing for
operations.
Beginning April / all mining COM
panies in British Columbia will re-
ceive $725 the hundred pounds for all
lead that goes to the British govern
ment for munitions purposes until
June 80, and the deliveries for the
same account in July, August and Sep
TENDER will be settled for ON a basis
OF $3.50 the hundred pounds.
Net earnings of Miami Copper
company Appropriated S1.230.000 for
the first quarter OF 1916. With these
figures before them and the knowl
edge OF a surplus of quick assets OF
S3,000,000 on April l, directors on