Show IN the recent de decision dea ision of the general land office another important industry is promised for utah and the west this decision was to the effect that guano is a mineral thus ino ingy legal the locations made on gunnison island by the utah guano company on this island there are immense deposits of the finest quality of guano and now that the case has been settled there is every reason to believe that this source of great wealth will be extensively and profitably developed dev loped and operated thus opening up a new field in mining and industrial world ACCORDING to a writer in the mining scientific press of san francisco there are only two deposits of in the known world one of these is the galician mine which is controlled by a russian syndicate the other is to be found in the northeastern portion of utah the statement is is made by the press correspondent however that the exhaustion of the former mine is imminent thus leaving utah alone to supply the market and demand for this commodity unless other discoveries of this material are made later on from now on it is more than likely that the utah deposit of will receive more attention than ever before with the probability that this will grow into one of the leading industries of the state THE article in the last issue of the mining review entitled gold in the philippines occasioned considerable comment in mining circles in utah and several veteran mining operators expressed themselves to the effect that in their estimation one could do much better to go to this country in quest of the yellow metal than if they went to cape nome the philippines certainly possess some advantages over nome one of these would be the comparatively short distance from home and base of supplies another would be climatic conditions a as S up in the mountains in the island of luzon the air is CO cool ol 01 and invigorating r and the climate is healthful while water and fuel are plentiful lower california also according to recent press dispatches offers a tempting field for the placer miner there may be any amount of gold in the north but cold and disagreeable weather and the inaccessibility of these gold fields are serious obstacles to overcome THE consolidation and amalgamation of the golden gate and mercur mines at mercur in camp floyd district evidently means much for this great gold camp which might well be termed the johannesburg of america the combine will doubtless admit of the most economical treatment of both properties and a general saving in operating expenses which will virtually insure larger profits and an increase in dividend disbursements the transaction cannot help but give a greater impetus to mining matters throughout 9 h the district and it will insure the permanency of the town and camp which cannot help but grow and flourish with the knowledge that in tho the workings of these two mines enough ore is blocked out and in 0 v the two large mills of the combine in beep stant operation for a period of atlease at least fifteen fit years then too it is rumored that it j ig 8 ta intention of the new consolidation 11 to make in 1 new acquisitions and that it already has h eye on the sacramento the gold dust an th rover and the silver lode e THE play being made by the sa eltin trust in depres depressing sinz and advancing lead lations tat ions so noticeable during th the e past few f weeks does not impress one as beino being par brilliant the combine may have taa hail an idea worth millions to it when it was trot first conceived but it evidently spoiled in its 1 in cu bation and today the trust tru 8 t has ha 8 a bout about aa heavy a load as it can well C carry arry it in the raan man of the metal mark market et when lead declined to two weeks ago it is fair to assume that the trust was confident that lead ore shipments would be a as s heavy a as s be before 10 re during this period however the consi consign of this character of mineral shrunk fully one half still our mines were as productive as ever the shortage being accounted for in the fact that mine owners were storing their ores which were rushed onto the market as soon as touched 41 the first of last week this game rame is one that two can play at as the trust doubtless realizes by this time so that some other plan will have to be formulated by the combine if it still desires to control the metal market and at the same time conduct its business on a profitable basis it is plainly to be sea beta that the law of demand and supply should rule to establish a legitimate market andlee and legitimate quotations but that fictitious values forcibly maintained cannot long endure THE sworn statements of utah mine owners as filed fi ledwith with the state board of equalization discloses the fact that the net proceeds or earnings Z for the past year with our dividend payers amounted to as corn com with for the previous year ear this is an excellent showing but gives no adequate idea as to the total production of our m mines i ne I 1 of course the two million and over or nearly three millions was distributed among the fortunate stockholders of the various mining minin companies but this disbursement counts lu but little when compared to the millions paid out to mine employees to railroads to samplers sample and smelters shelters sm elters and in mine and mill equipment equipment the large sums paid out in dividends have a stimulating effect in the channels of trade tra and commerce but it is the pay roll of the companies the thousands upon thousands of dollars put into circulation in opera operatic tiDe ell which wn benses and in mine and mill equipment furnishes the life blood of this country but very few however aw stop to base but bu consider this phase of the matter upon P all their expectations and calculations the dividend paying ability of a minin arl enge position ion taking into no account the inn i sums disbursed among the in payment for labor supplies supply ie and sand equip in rain e when it is this really that keeps ow our ing camps alive and which keeps tny in a flourishing condition financially the output of a mine is not by any means limited to what its net profits amount to to the few it ma but to the multitude it does not so that in speaking of net profits some thought should be given to the millions expended in the operation of these bon bonanza afiza propositions the dividend capacity of a mine is very pleasing very gratifying but were there not greater disbursements in the manner above outlined the mining industry of the west would soon dwindle avay away into insignificance and the financial industrial and commercial interests of the east as well as the west would greatly suffer |