Show INES AND MINING NEWS I. I j i 1 EIGHT UTAH MINES FIGURE IN LONG LIST t OF AMERICAN COMPANIES COMPA NIES DISTRIBUTED DURING MONT MONTH OF SEPTEMBER t 1 j Eight Utah mines figure In tho-ilist tho U tho-U of mining companies of th the tho ft States Stales which mado made dividend dons in the thc of month September When dividends of ot were paid d in the tM nine nin months monts of ot im HII by b 16 American mines and works work It I was wa wa thought that tt the tho zenith had hd hd boon reached thol h But this thi record rord h has hs boon boen b far outclassed b by the tho declarations of C e during the nino months of at y i 1916 6 Accor Ins to made mado Ido to Mining 9 and antt ani Engineering World Worl theao tee companies divided divide among amon fortunate shareholders the te aura um mr of OO Th This T Is 15 equivalent to t lv Iv 25 5 i pcr pet or cent of ot the tho total dividends paid during U the last bt ten tc ye years year With the tho exception of at 1 QS when m ments amounting to w were re repaid paid during duM during the th nine months months' monts' monts period dividends h have O been fairly rc regular 1 ranging from om approximately up l September pro proved provi tho te most moat mot t or of dividends pai of ratho In iii C any single rnO month In i the to history of or the IJ Ln- Ln I- I J 1 ben disbursements totaled 1 9 jut but bt 2799 81 less les than thai tn was L paid dur during the te first nine nie months of or l loos S. S Of or the th Sep September m r payments the ther f coppers o were wee r 7 the tho lead coid ser eod properties f.- f. te and tho the metallurgical companies coma coma- comaj compan compan- j los ies 24 S 5 an On Owing to the te fact ta that thata a part i. i o of th tho cis of ot the tho securities securities- 1 a pao pa companies are ar derived ved from holdings In other othor companies compie their dividends divi i dl are not Included among those a the called so-called operating operating- companies con com paid by tor 50 pad panics Included t in these thc reports The le 4 par declaration of ot the tho Cf- Cf tl Copper Oo corporation and ad a. a a goody goodly part pat pator of or PI of or the Dodge Co besides others ole could rightfully be beu C. C added u led be to the tho ta total for tho copper coppe properties prop prop- pro pro- as these theo earnings earing were wore d derived hd d dI I ere tm a operations or of owned by thorn them thor rol For a record or of achO achievement by aasin- aasin gb glo Industry the tho performance c of or p can mines mIne and ad works work In the tho years paRt paRtIs la Is little short of wonderful for Cor tho the companies 1 paying dividends dl in 1916 Int have made disbursements sto their j Incorporation mae totaling this on an an fl outstanding share capital of 9 5 Should the dividends aidin paid aid in previous y years by companies not nt Dt Included in included In- In f in the 1916 16 dividend payers pars be added L to the tho above total we wo would I billions add have a a t total running well up upI p in the te 0 Of Ot the U JK paid aLd during the therne nine rne months of or I DIG the tho coppers contribute contributed contributed con con- tribute practically one half ono or 80 80 with wih thirty eight com companies los b participating To date th these c thirty thirty- ci eight ht companies have en enriched I Ic l share- share 4 hold holders holer era to the tho extent or of 8 O on onan onan t an issued c capital of or Owin Owing to tho co close relationship of the thc j four fou metals old gold 51 silver er lead lea and zinc dividends paid by operating tg companies I this class olas of or properties are arc O classified under unde the tho one head bcd s gold silver ver-leod- ver zinc zinc One hundred eleven cloven lovo of ot those properties were not so 80 far behind the coppers for they divided among ang shareholders share sharo te holders To date date- these companies cornI cm corn com 11 I panics have disbursed 3 1 on onan an n Issued capitalization of ot Of or the companies mentioned 11 A above aboe 85 8 5 operate properties In the i te teUn Un United d States Stat and during during the tho t nine i of or paid dividends s' s munt- munt T Prince William Wilim Soud Sound Output Is Increasing d 1 ti 1 i The Te ore oro deposits e of o the Prince William Will lam iam sound district may be grouped grap tr tr j broadly Into two c classes copper classes eB copper de dep deposits doii do- do ii p posits and gold hearing bearing quartz lodes loes 0 The Tho mineral associations in both gold u and ad copper deposits are arc In general generl tho the I I same sam so that tho the copper mines produce 1 largo large lao amounts of gold or 01 silver siver or both boU I and nd copper sulphide Is 15 present In small sal L amounts in many of oC th the tho gold quartz I S veins f r Tho The known productive mines on rince William sound in 1915 include rt four tour copper coppe mines and five gold mines mios tr If n A t much larger quatt quantity of or copper ore I 1 Ithan than of oC gold quartz quart was mined anti and an tr IT treated and the tho to total value of ot the theof te teof of metals produced from the tho copper ores was vas about five times that obtained 5 th the gold old quartz quart ores Tho value f iOe of the total mineral minera production of ot the thet th t Prince William sound re region ion in 1915 was SI as compared with wit in 1914 y The Tho above aboe information as well wen as a detailed description of the tho te mines and anil anilI I prospects visited Is contained In a reI report re- re I port port entitled Mining on Prince Will Vill ht Iam Sound Alaska Alaka by B. B I. I L. L Johnson JOhnon ST recently issued by the United States survey s Department of the J as bulletin D Ing ing to an and since tion ton 8 2 4 on a 1966 outstanding out out- standing share shae capitalization Twenty Twenty- one ore oe Canadian properties Ith ih 7 1955 for the nine nino months months' period and to date ate But ut three Mexican companies report dividend pa payments ent In thee these paying The six metallurgical companies had Imd the best nine months months' period In their history dividing among amon shareholders shareholder 5 To date these companies have lve paid dividends 2066 1066 7 on an outstanding outstanding share capital n of Eight Elgirt Elst holding securities corporations corporation have ha 6 ha bad a remarkable remarkable nine nino months' months period for they tey divided among shareholders shareholders share share- holders no less leas than To dato date th these se companies have paid In dividends The following is Is' Isa a list of or companies paying paying- dividends in September September- lust oC or Dividend American Sm pt pfd S American Sin Sm S. S com Argonaut Calif Clr 07 on DI Big Four Utah 05 05 or Bunker Banker Hill Hi Con CaL Cat 02 O OvO Bunker Hill Hi Sullivan Sulli Sulli- v van an n Idaho 4 40 HI 1 Butte Butto Buto SUP uP Mont Mont 62 Ci Hl Cleonia Caledonia Ida Ida j 63 63 I Calumet Ariz Ariz Ariz Calumet Hecla Mich 00 Cardiff Utah Uth 25 5 Centennial Mich OOOO Center r Crol Crook Mo 1 10 Cerro Cero do IQ dl Pasco Paco Peru Per Champion Campion Mich 6 O G OOOO Chino Cino N. N M M. 1 i. i 2 s l. l Copper Han c Mich i 1 Cresson Colo Cob 10 10 1 Dome Domo Minos Mines Ont Onto 50 51 Federal 1 M. M S. S pfd 1 Of OOOO Gemini Utah 5 00 C Golden Cycle Colo Cob 02 02 Grand Gulch Utah O 03 Hecla Ida Ida 15 e Hedley Hele B. B D C. C 50 tl H Hercules 1 Iules I Ida 1 la 20 20 1 r. r Ont On t. t 05 05 S. S D D. 65 Inter Nickel Nickol com corn Interstate Gallahan IOn Ida Clahan Kenn nt Alaska l O Kerr Zerr Lake Onto Ont Tiger Mex Me-c le OS OS o 17 7 Magma ma Ariz 50 National LeadS Lead com corn I 1 00 l National Lead pfd 17 Nat Nat 7 Z L. L Mo Ol 05 Nevada ead Con Con Nov Nev Old Dominion bold old 3 00 Old Dominion M. M S. S Ariz Arz At 1 1 oo oooo Oro ille CalIf 12 3 Phelps helps Dodge Co S. S SOO 00 Prince Con Utah 05 05 Quincy Mich HO 0 O Hn Kay hay Con Con Ariz u. u 76 76 17 69 St. St St To Joseph l. l Load Lal ad 7 75 St. St Mary's Marys rs Mich 2 00 3 Seneca Ont Ot 30 30 Standard B. B B C C. 02 Superior Mich United Globe Gobe Ariz krIz 1800 41 United Unit Unit-d Verde Ariz 1 GO Utah Ut 1 Apex Utah 25 3 15 Utai C Cn Cen n. n Utah Uth 7 75 Utah Uth Copper Coppe Utah Uth Yellow Aster Calif Calf 02 0 2000 1000 Yellow Yeon Pine Nov N 10 10 I Yukon Gold Y T T. 07 6 I Park Pak City ll May ay Carry Cary Ores for Cottonwoods From Park City Ct comes the word that there telo is a n rumor that the principal mining mining companies of or the Big Dg Cottonwood Cottonwood Cotton Cotton- Coton- Coton wood mining district have under tinder consideration con con- the tho proposition of ot Improving ing lug the roads between n their properties and Park City for tor the purpose of at haulIng haulIng haulIng haul- haul Ing their ores to this point for tor shipment shipment ship ship- hip ment to the smelters Instead of making the land haul down Big Dg Cottonwood canyon With this view in mind a l well known contractor and road builder bunder build bund er or was wag in the P Park rk this week and went over to the Cottonwoods to size up conditions conditions con con- for the tho purpose of ot making a 3 r re report report re- re port to those Interested This would mean the te hauling of the Cardiff ore oro and tho the ore arc from tho the other shippers in that section to Park City There will be he a meeting of oC the tho Iowa Copper Mining company on Monday Monda Oct Ot 16 at tho the office oce of ot R. R R T. T Kimball It I is la the annual stockholders stockholders' meeting anc and a n now new board of ot directors will HI be elected nn and future plans decided upon i for the working working of ot th the tho property A carload of or ore was marketed this week and reports from rom the mine are to tho the I effect that conditions are Improving with wih the oro ore streak widening and In Increasing increasing In- In creasing in values MINING CONGRESS WILL WILLI I DISCUSS MANY SUBJECTS Relative to t the session of ot the American Aeri- Aeri Ameri Ameri- can Mining congress to be bo held in Chicago Chi cago on November 13 Pr President j Ct-j Carl Scholz recen recently t said People eople generally fall tal to realize tho vast ast Importance of ot these m meetings Hero Hee I is where often oren tho thu most Important Important Important tant and making epoch legislation be be- be gins A As an illustration the establishment establishment of ot the bureau of mines was I the work of at the American Mining congress The Tho federal trade trade commission com corn mission is in a w way ty b. b t tire Creation r ratIon oCtis of oC this con congress While t Ibe bill bl adopted b by Congress differed from that suggested by lW u it had bad the tho approval approval ap ap- ap pro al of ot Mr Davies D the first he-first first chair chair- man In fact it i was his hIs- his prediction that every feature of or the te American Mining congress m measure suro would woul eventually be he adopted The Tho American Mining congress Is also the Inspiration for mo most t of the thc distinctive coal an and metal men or organisations organizations or- or 01 of the For it was wn the American Mining congress that first brou brought ht to together ether the producers o of coal and metal so O that they were able abl to work to butter better beter ultimate re results re- re stilts than heretofore It I was our In Initiative inItiative In- In that brou brought ht about cooperation cooperation opera co tion lon in the tho matter mater of establishing uniformity uniformity uni uni- of oC sales terms uniformity In Inthe inthe inthe r the preparations for production ion and above all al th the adoption of or more efficient eCU effi dent methods of or construction In min mm- ing I do not wish to say Bay that the American Mining congress claims the credit for all al these thes things But it was at tho the meetings of at the congress that the metal and coal men first met me anti and an at these gatherings was born the termination determination to worl work together to to operate co consult to The Tho advance in mr metal tal prices due to the European war has In no WS way le lessened the great rat work of the tho American Amen Ameri can Mining congress In fact many i of ot the tho papers to bo be 10 rea read b by experts at the coming coining convention will wil deal with this problem of ot preventing disIntegration disintegration dis dis- integration after the war and a re return re- re turn in mini mining ng fields to th the lethar lethargic c conditions of a few years a ago o. o We e Intend to have an absolutely absolute fearless discussion o of the tho labor ques ques- tion ton Col Col George Pope president of the American Manufacturers Manufacturers' association association tion ton has haa agreed to discuss the subject sub sub- from his standpoint standpoint and we will 11 have either Secretary of oC Labor Wilson or some one cue OlO as authoritative reply Of Ot course in man many of or the states such as Ohio Indiana Indiana Illinois Iowa and Pennsylvania contracts govern gover the mine lab labor 1 situation But in the far Car west vest tho the situation Is ver very different In fact it Is the purpose of the congress to formulate a plan of or labor legislation legislation legisla legisla- tion ton and regulation on which all al sides siles of or the controversy contrO can an to an extent agree agre MINES NEAR HAlLEY HAILE TO HAVE POWER IN SPRING I Idaho Exploration company compan will build a latest model concentrating and power plant next year rear for its Carboniferous Carboniferous Carbon Carbon- and Black Blak Barb group of ot mines at nt the head of ot Kelly gulch says the theW W Wood pod od River Times The Te survey urvey of or the thesie site sie Is 18 completed the plans pans are ad advanced advanced ad- ad nd- nd to tho the blue printing and tho the machinery Is to be ordered soon that It ma may be available for construction as early earh as possible In the spring The compan company's s Carboniferous and Black Barb Darb mines have have be been n in process process pro pro- cess of or development de for years ears and nd there arc are two ore bodies s In sight In them That in the Carboniferous I is ismore ismore more moro than 1000 feet teet In length and mo may pass into the Black Barb In depth It I varies in thickness from flom about two inches to four our feet tho the oro ore being richest in silver where the Ule scam seam is thinnest but all aU of It IB is of ot a good grade The bo body Is open on two levels and sufficiently to reasonably In Indicate Indicate In- In regularity of occurrence with the deposit in the upper level level On O this upper level the tho workings are ni-C mainly maini a n drift drUt which begun as an exploring tunnel was wa continued continued in tn In the vein to the Black Back Barb some 1300 feet foet In In thus draining both properties for tor the to feet of backs to the surface sur sur- face Cace x The property Is therefore reasonably reasonably reason reason- ably promising The he Idaho Exploration company compan la Is corpo composed cd of Raymond Guyer K 1 M. M 1 and a few friends It I Is not a n stock proposition the shareholders having hu formed themselves Into a pool to guarantee guarantee Juar guar guar- antee the necessary funds for tor develop develop- m e n t. t I Frank Loo Lo Le is the superintendent Mr Guyer being the consulting engineer and anti general manager The Fields Mining company w whose hose cla claims me are almost red ready for a n mill begins hauling Its Is ores to tho the Idaho mil Exploration compau mill mi Immediately Immediately immediately Immedi Immedi- It I is read ready to accept them and Mr Ir Fields hopes that by this time next t year his mines will wl ill be sufficiently developed to Justify the construction construction con Con- of oC a mill mil upon his hla property There hero |