The Garland City globe. (Garland, Utah) 191?-1925, 1918-10-31
MINES AND MINING

III tiie snult' Inc SlOTy 10 tildt Some
lead-silver values came In near the 900
foot level.
Installation and successful operation
Of the second air compressor for the
property of the Western Utah Ex
tension Copper company ut Deer
Creek is reported by General Manager
A. Il. Custer.
Some improvements have been noted
lately in both working faces Of the
Eureka-Lily, according to the latest
information from East Tlntic, where
1t is located, adjoining the Standard
on the west.
Completion of the United States
Metals Reduction company's plant, To-
Gated fifteen miles out of Castleton
and fifty miles from Cisco, for the
treatment of the Mountaineering ores
there, Is announced.
Mining operators of the west as a
rule have the unshakable opinion that
after the war mining will witness pos
sibly spectacular us well as the
most substantial improvement ever
known to the industry.
From Spokane, Wash, comes the re-
port that the mines of Idaho, British
Columbia and Washington paid S5,62S,.
392 in dividends during the third
| quarter of this year, according to fig.
ures complied from latest reports OBJ
tainable.
From Fairbanks, Alaska comes the
report that present day Alaska gold
| stampedes are quiet affairs, generally
held with rs little publicity as pos.
slble by the men who rushed north
In the 1898 rush; more Of II was heard
In the roadhouses than on the gold
creeks, even then.
II 10 reported from New York that
fifty-six companies with an aggregate
authorized capital of S50.022, 600 were
organized during September for the
development of oil and gas resources
Of this country. This is the best
showing for any month since April,
when the total was SCI, 720,OO0
From Washington comes the news
that blast furnaces running ut capacity
are operated ut the record production
rate OF 100000 tons Of steel and A..
100000 tons of pig iron n year, ac-
cording to announcement by the war
industries board, the demand Is APP
proxImately 50.OO0000 tons year.
Silver King Coalition property,
among the largest silver producing
mines In the world and the largest In
Utah, which was managed by the late
Senator Thomas Kearns, will In the fu'
ture be directed by an executive COM
mittee headed by w. W, Armstrong,
president OF the Copper National bank.
Placer mining is now attracting more
Interest in Nevada than for many
years. A dozen or more districts In
the state yielded placer gold In the
early.day operations, conducted In
mnny instances by Chinese miners, but
the lack of water has long been sup
posed TO preclude successful placer
mining.
Considering September was a short
month and the /. w. w. again attempt.
ed to obstruct mining progress, pro-
ductlon OF 150,760,000 pounds OF cop
per by twenty of the representative
copper companies did not compare I'M
fayorubly with Augustus output, the
decline amounting to but 4,So4,OOO
pounds, says the Boston News Bureau.
War copper used by the United
States and the allies, for seven months
ended Just 81 last, is estimated to
have been approximately 1,25S,OOOOOO
pounds. equivalent to 2,l5O,OOO.OO0
pounds annually. During this time the |
war consumption of the metal by the |
United States plants was more than |
double that of France, England. Italy |
and Canada combined.
According TO the United States geo
logical survey. promising deposits of
have been discovered dur
ing the last two years In the arid re-
gions of the southwest. These yielded
last year 10000 tons Of ore, which con.
tanned 80 per cent TO AZ per cent man
and the output for last half
Of 1918 is estimated ut 5000 TO 10000
tons OF over 80 per cent grade.
The state council Of defense OF
Idaho has put the "crimps" in scores
Of oil promoters by the order issued to
the effect that all stock must be APP
proved by the capital issues committee
before Il Gun be sold. That means
That large percent Of the would-be
1ll companies now drilling in various
parts of this and neighborlng-state
will cease to operate II they depend on
stock sales receipts to prosecute the
work.
Any mining stock market that can
,ome through the parlous times we
nave faced in the past four years with
my semblance of life left, may safely
,e said TO he based upon something
angible and entirely comforting to
hose of us who Loyalty believe that
northwestern mines offer better oppor-
unity for investment than those of
my other similar area on the North
continent, remarks North
vest Mining Truth. Peace will bring
mining prosperity.
Information has been received that