Show aiknes AND MINING tae decia mining company whose property Is in beaver county utah has just encountered enco entered a a four toot foot vein ot of coil lead and sliver silver ore the ilecia is one ol 01 0 the steady shippers of 0 ore from beaver deaver county the average price of spelter at tew new york during the ten years ending with 1906 was 5 03 equivalent to about 4 st louis but the general trend has been upward because ot of the in creasing cost of production so extensive has been the demand and the drain for teams in the oil ex cit ement center of southern utah that the utah indian peak company can not secure means of hauling its leaf silver ores to the railroad tracks eight light men are at the old cumber land property at osceola nevada and they are taking out a tine fine quality of gold ore plenty of high grade stuff has been placed on the dump to keep the mill for several months the mill will be kept working all win ter the directors of the calumet arizona will meet about the ot of november to declare the qu artely div idena it Is believed flat trat the terly rate will be reduced to 3 but a great deal will depend upon the con of the metal market during next month prom from aura nevada comes the news of a strike in a region that has been generally considered as barren ground plot griswold of the sate state school of mines of missouri is ol 01 one ae of the principal owners the ledge edge Is a wide one and carries an average value of 7 in gold the lost ore shoot in the sandstorm mine at goldfield from which loftus and davis and A 11 mayne took three years ago Is believed to have been recovered in a lease on the loftus and davis block by webb park ison and peter erbel ethel four feet oil of ore has been opened which runs from 60 a ton to 8 the coke manufactured in colorado and utah in 1900 amounted to 1455 1 short tons valued at 4 against 1378 tons valued at 4 in 1905 the increase in 1906 was therefore 77 tons or 5 6 pe per cent in value the average of price p per ton advanced from 3 02 in 1905 1 to 3 09 in 1906 the sultana company which owns 01 a splendid lead silver property about ab fifteen miles southwest of verne verno tooele thoele county utah in the r rl skirting the desert has decided t gin operations in a systematic and make the mines what abat they 0 to be heavy producers of fine ores while the metals are being rounded by strange shadows brin doubt and uncertainty to the mind d sal all there is one class of mining i Is being pressed forward with anu unu s vigor and that is the coal minin mining ag austry all of the western coal mil mir are being worked to their full opacity daniel guggenheim Gugg president of t guggenheim exploration compa camps P says the present disturbances in tua t financial district is due to a state of hysteria on the part of the pub publia brought about by the activity of bear b operators and resulting in the sac facing of securities at far below their actual value needlessly thoughtless and ignorantly john D rockefeller has the follow ing to say regarding the financial sit I 1 think that the existing alarm among investors la Is not war ranted and E hope the good common sense of the american people will con arol the situation personally I 1 have absolute faith in the future of the val ues aes of our securities and the sound ness of underlying conditions american copper producers are die dis posing of some of their surplus production through the london metal ex change selling standard warrants in that market against deliveries of elec tro from america the low price thus far recorded in electrolytic la Is 12 to the latter being the price tor for most of the business last week it is necessary to go back a great many years to find a parallel tor for the present extreme slump in the stock marl et those who witnessed the panic of 1873 state that it was not ec be prolonged or severe in the stock mar ket as the present decline although unlike this movement it was accod panted by widespread commercial dis aster of which there ie Is no evidence now with a capital stock of dt dl vided into shares of the value of 10 cents each the jessco gold mining company of ogden filed articles of in corporation with the secretary of state last week the company owns four mining claims in eberry canyon weber county the utah standard oil company with a capital of 1000 1 shares the par value of the shares being 1 each and which owns and controls about 2400 acres of patented land bought dl from the state of utah has filed articles of incorporation with the sec see detary of state there is st t least one company oper sting a copper mine that fears neither price nor conditions surrounding copper the management having every confidence in the situation adjusting itself in good time and that is the ne vada douglas copper company of yer ington nevada the statement that the salt lake 1 valley smelters are refusing to pay cash tor for the ores they buy Is entirely without foundation the fact being that every lot of ore received and accepted Is being settled for in precisely the pame same manner that settlements have teen made al the time it t r i |