| Show I MINES AND MINING NEWS REAT REA T RESERVES o OF SIX COPPERS ti to Embrace Tons A Available Available Avail Avail- vail vail- able Ore Y f Without a additional development rk rk oro reserves Hired red at tons containing 5 per cent copper Rr are re now expanded 5 tons tone averaging POInt POI per int nt nt A Assuming a 70 per por cent the copper has incased in- in eased cased from fron pounds to tar er pounds With this enormous oro tonnage dc- dc loped ed Chino now stands second only Ml tali Copper c company In point of ot oro ore serves or its nearest competitor being iy LY y Consolidated with tons 1 Wo Yo compare comparo herewith ore oro serves and copper content of ot tho the ore ored dies d es of ot the principal porphyry prop- prop tics c r Tono Tone Per ct oro ore copper ah lah 1 15 lino Ino iy L Y 22 20 vada Consoli Consolidated a 17 ami am 25 u This his of or no less than 0 o 0 tons In reserves reser extends the commy's com com- my's mys productive career to over fort forty I Ius cars ars us assuming tho the treatment of or ns oC of oro ore per day ar which was tho the January 1 of Its entire mill milli i commission ore reserves ere rero heretofore sufficient for about rent rent- venty ho years cars of ot productivity bOf Of O course COUlse the tho treatment of ot this lo low low- PJ s' s grade oro are will result In n a sll slightly hU Fisher average cost per pel pound for Chiles Chile's Chios Chi Chi- le's les os os output but on tho other hand ore rc I Is s tho the advantage nd that the ratio j to mining will be consid- consid I ably reduced 1 KUp Up to date Chinos Chino's low costs have of or purse urse been made mado b by treating treating- material bich has averaged bettor better than 2 per nt nt copper to the ton but the tho results b by Utah Copper company compan IS 11 treating s ore oro far belo below the v rage grade g of the tho entire Chino Chine ore tody od Indicates that Chinos Chino's costs year yn 1 and year ear out t should not run much e bove 7 1 cents centi per pound sa says s 's the Bosn Bos- Bos I m n News Bureau NEBO STAR CUTS j. j BIG RICH VEIN Jen rii en Feet Thick of Shipping Grade in Lead Silver I. I and Zinc Tebo Star Mining Milliner company compan has tas been continuing work or mine located east cast of ot Mona says ERYS lue te Juab Junk County bounty Times It opened up ono one of or ho he largest bo bodies les of ot oro ever er discovered red ered on Mount Nebo Tho The men have havo a vein IIVO feet foet In length and a n. crosscut ten tea feet with- with Jut iut reaching a 3 All AIl the ore oro slot a shipping shipping- composed Jf f lead silver zinc sine and a little gold it lt Is 18 In such quantities that the work work- nen say ay ono one man will bo be able to mine nough ore oro to keep one team busy oro ore to tho the railroad which Is L iv IJ distance of ot two and one half miles rha rhe company Is going to put JUt In a a. chute 10 iO as to slide elide the ore oro from rom the tunnel lown to tho the loading place There here has never been a Q better for tor the than the present outlook ItIS It ItIs ItIs Is the opinion of ot tho the company that It Ins lias struck tho the main bod body of ot ore which out in several so places on the prop prop- arty proP proP-I KP cP P. P P. P Christensen Bishop T. T H. H G. G Parkes s J J. J D- D D. D Pexton 1 Thomas Bowles John rohn and Joseph Vickers of ot Nephi J J. J IL II Hornung II IL S. S Keer Reer of or MantI Harrison liar Har rison and Sperry of Salt Lako Lake aro arc some somo Jf rf the tho hea heavy shareholders in the corn com pan pany Dany y I f Iron Kins Ing Strike The Iron King Consolidated Mining Milling company which has been working t a mine In West Yest Tintic for tho the last ast twelve years has at last made mado a good strike A j vein of oro ore and one half feet teet thick was Wat found which says 75 7 per pel ton All but one Interested Interested Inter Inter- ested In this mining company are arc Nephi men it RUDE Oil PRICES i STEADIlY ADVANCE Shows Decrease but Value of Output I Exceeds ee 1911 2 1 ahn n Jan 5 With With the worl worlds world's li consumption of or oil all aggregating regaling barrels a n day of which the United Slates States supplied almost almo t two- two thirds production oC of petroleum in 1912 1012 was two forty-two gallon allon barr barrels bar bar- r r l hH or 01 a about out barrels less than 1911 1011 While the production was less the rising price of ot oil Increased the thet t total value of oC the product markedly J. J last liast year the output was valued at an increase of oC about 16 over 1911 E According to 10 David T. T Day of the United States geological survey suney the ea eastern oil fields us as a t rule rulo declined in production because it was impossible to keep up with the great Teat output of 1011 1911 without largo large additions of oC new Pooh in tho the older fields The rho eastern decline however was offset b by r tho the in increase increase In- In crease in California where the San Joaquin valley fields still sUIl are arc at tho the height of at tho the gusher fusher sta stage e. e In all tho the fields except those or of California and tho the Gulf Gul of at Mexico there was a steady y drain on accumulated stocks during Iho year so that from a. a total of ot 81 barrels over barrels over half halt a years year's output out out- put put put-on on January 1 the stock declined to barrels at the en end of ot the year rear ear ft The Tho advent of or internal combustion engines says Mr 11 Day promises an in increase In- In crease In tho the price of or fuel tuel oils Prices advanced 1 BO so 0 greatly as to stimulate drilling drilling- even In the tho old New NewYork ew York Ork Pennsylvania pools r NEVADAS NEVADA'S MillS ARE NUMEROUS List of About That Have Been Active in Various Parts of State The following table gives approximately approximately the capacity of ot reduction plants In Nevada e says n tho Tribune I Several Se other plants that ma may figure In important measure are arc under construction construe construe- tion or planned for tor tho the near heat future futuro and anda a number of small mills or ore oro crushers cyanide plants plant for tho the working of ot old oM dumps or experimental plants of various arlous kinds havo have been operating with varying degrees of or The rue established oro ore reduction plants and those that are aro assured regular operation opera ojora tion are Included OLD MAlAD MINE MAKES A STRIKE Copper Queen Opens Eight Feet Feet From Surface r. r r.G. G. G C. C McLaughlin IUn who for tor tho the past two months has has hasa a force of or men working working- j in tho the old ld LuCI Lucky Boy mine which property Is now known as ns the Copper Queen i Is Jubilant over 01 ino openIng openIng open open- Ing up of a large larg-e ore oro bod body lu In tho the tunnel tun tun- nd nel on Oil Monday Iou ay says J JA the tho Malad l' l Inter Inter- nt r- r prise A company of ot local men worked the Lucky Bo Boy for tor a number of ot years car and after aftel Spending several thousand dollars del dol lars mrs on the property It was abandoned The early working consisted of at an Incline in- in cline shaft 60 GO or 70 feet teet deep and then LOCALITY N NAME NAM E OF MILL lULL STA STAMPS OR CAPACITY Consolidated Mines stamps stamps 1000 tons S NS Nevada ai GoldfIeld IT 20 S stamps and ton sampler Goldfield r Chlorination Sampler oo o JOD ton tons Tonopah Montana Tonopah 40 stamps Tonopah Belmont Tonopah-Belmont 60 stamps stamps' ft Tonopah West End Con 20 20 stamps Tonopah MacNamara Mining Co 10 stamps stamps' stamps l i. i Tonopah Tonopah Extension lb O stamp stamps t Millers Tonopah Mining Co stamps t I Millers Tonopah CO GO I stamps Blair Jar Pittsburgh Sliver Silver Peak Peal 10 stamps r Blair Blah Mohawk k Alpine 20 s stamps stamp 1 J r v Silver Peak mill 20 stamps v 1 j Buckhorn horn M M. r. r Co tons Virginia City Butters mill 60 GO so stamps Virginia City Mexican n mill 10 io stamps stamp 1 0 Virginia City Yellow ello Jacket 80 80 stamps J 1 Virginia I lnla City mill Kinkead Grinders 20 n t. t Virginia CIt City Comstock Phoenix 5 stamps I H Virginia City Fisher mill v 10 stamps amps T I. I Virginia City mill 10 10 io stamps stamp J 7 r. r Virginia City Hully mill I 10 io stamps Dayton Rock Point mill 40 stamps A Silver City Pollard mill 10 10 stamps IY f r i Silver CIt City Dazet mill 10 stamps Silver City French mill mill 10 io stamps Nevada Hills 20 stamps stamis Round Hound Mountain Round Hound Mountain Mg Co 10 standard 2 OO tons Round Mountain Round Hound Mountain Daisy 10 stamps custom mill mm Wonder Vonder Nevada Wonder Vonder 40 stamps stumps tons tone Wonder Von Atlas Atla Wonder Yonder 10 10 stamps f Manhattan Big Four tons building Manhattan War Yat Eagle Basle mill 10 io stamps 60 tons Manhattan Brad Brady mill 10 stamps 60 50 tons Manhattan Associated Milling l Co 10 stamps lamps jV El Ely Nevada Con 1 tons 3 h rf El Ely Giroux 1000 tons VM il I l U. U S. S Ely Tungsten Co Idle j it U Montgomery Shoshone cyanide tons Rhyolite King SO 30 stamps Eclipse Tramps Con Can 10 stamps t 1 Gold GoM Center Custom mill 3 stamps 16 15 tons Beatty Wiswell mill Dry Grinding 25 5 tons Pioneer Mayflower cr 16 15 stamps Johnnie Johnnie mill 16 Nissen 1 1 Lane mill 1 tons Searchlight QUartette 20 stamps Sunrise District Wheeler mill 20 O stamps Bonnie Claro Charo Jumbo Extension 20 stamps tons Seven Troughs Coalition 10 10 stamps Mazuma l Derby M. M Red fled Co 20 stamps Stevenson Stevenson mill 60 50 s stamps ta l s. s Eure Eureka 3 h Eureka S Smelter elter Of tons r Eureka Windfall mill C Cyanide IGo tons j f f E Eureka Farmers Farmers' mill 10 stamps i Wabuska Nevada Douglas Smelter tons tons' j V j I Golconda Glasgow and Western 20 stamps Golconda Kramer mill 60 GO stamps N Rawhide Rawhide Queen 10 stamps i Rawhide Weiss mill One Ono G 6 Lane mill 6 f Rawhide National M. M M. M r. r Co Four 6 ft Huntington Ideal Milling Co One C G Lane mill S Berlin Goldfield Blue Bell 10 stamps 1 f. f Austin Security Co 10 10 starn stamps Pl j v Tuscarora Dexter 20 stamps L X Humboldt evada Superior Co 20 stamps I vI w National National Z Mines Co 10 10 stamps h Mill Junction Custom mill 3 stamps 15 tons j Jarbidge Jar Fletcher Clarke Clar FIetcher e-FIetcher 10 O stamps y J I Pavlak 20 0 stamps lL- lL L- L I if Llda LilIa District Pigeon con Springs 10 stamps J d f Palmetto Palmetto Mining Co 10 stamps Luel Lucky y Do Boy Alamo 5 stamps 1 i Humboldt Co Rye Patch IE M L L. Co 10 10 stamps r J Tule Can Canyon on Flowers mill 1 Huntington 10 tons Liberty Libert District Tonopah Liberty Libert 30 stamps Gold Circle Three mills roms total toul 20 stamps stamp Coyote Wells New mill 10 10 stamps stamp 5 Death Valley Wonder 20 stamps stamp Galena Lyon Co Harris I mill 5 6 stamps J Gold Mountain Nevada Empress Gyratory G 6 5 rt Huntington ton Masonic Pittsburgh Liberty 10 stamps cyanide plant etc eta Cortez mill n 10 stamps Cortez Cortes 1 mill 60 50 tons Chafey Black Hole mill 6 5 stamps Oasis Valley Valloy Lookout mill 10 stamps Good Springs Yellow Pine Zinc Zino concentrator 85 Sri tons I STOCKS WIND NIND UP I I I WITH NO CHANGE 1 I I I Net Jet Results of Years Year's Speculation Specula Specula- tion lion Show Few Price Changes New Xe York Jan 5 The o.-The The summing summing- up of at results for tho the year jear ear Just ended to which last week largely was given up in the stock market offered no more striking fact than tho the small email net changes changeR In the price level The aver- aver ago agoo price of of- tho the most active c stocks varied scarcely a 3 point from January 1 a a. year ago In tho the interim nearly all departments of ot finance commerce In Industry Industry In- In In-I In and agriculture had llad made new I records of ot activity volume and values From lorom tho years year's hl Jl level of stock values in October declines followed with the outbreak of or the Balkan Dallan war and again in December after tho the su su- su promo premo court decision against tho the Harriman liar Ilar- riman railroad 1 merger With tho the passing pausing of or tho effect cUed of ot the these ebo O special influences the problem of or tho the stock market is IR tho the extent nt to which tho the factors of ot strength in the situation will ihl bo be left free to assert th themselves e me ci yes Tho money market in Now New York lork showed that preparations ns for settlements settlements settle settle- ments meats had been ample to avert tho the exI expected ex ex- 1 stringency The question is presented 1 of 01 the tho demands demands de demands de- de I mands to be bo mado made on New York for tor help in meeting the tho obligations to fol- fol tho the Balkan settlement With average orao bond prices priceR in Now ow York Yori already 1 near tho the low level lc for five thc years the chances of ot enlisting now capital on terms of at advantage to borrowers seem scorn to promise c little l The iho he most authoritative financial O op operators op- op craters maintained confidence in the years year's prospects for tOl continued activity activIty activity ity and ana prosperity in trade 1 IIO AND D New York Jan 5 Orders Orders already L are aro booked booke equivalent to six to nine months' months capacity In n iron and steel and ana future business of 01 an equal tonnage otal values val al val val- alucs seems ms assured on a higher level of ot ues than last year It is 19 estimated that all nIl steel Interests interests interests inter Inter- ests secured business for tor finished steel products last year a aggregating re tons produced tons an and shipped tons of 01 finished d products exceeding all previous pre similar similar similar simi simi- lar yearly carly activities b bj i 15 to 20 per cc cent Ii t. t interests Last week t tho the Harriman distributed orders for cars and locomotives locomotive and are 1110 to Increase car orders by hv 2000 Tho The Santa Fe Fc contracted contract contract- ed for Cor 88 locomotives I I I from a 11 point further down tho the mountain moun moun- tam tain side a n. tunnel was driven nearly 50 feet Many times while this work I Iwas was being prosecuted rich strikes were I made somo some of at the oro ore assaying SO 80 percent per por cent copper but the oro body was never located Some four years ears ago Mr McLaughlin located the tho claim under the namo ot of Copper Queen and every e year ear since he lie has some development t work worl done one About two months ago as-a he began operations operations operations ope ope- I rations for the season and planned to continue continuo the tunnel twenty feet teet Tho work outlined was practically practical finished hed and thero was waa no more evidence of or the theore theore ore oro bod body than there thero has been at any anytime anytime time Urn in the past Mr McLaughlin was gathering some specimens back bacle in tho the tunnel not more than feet teet from the mouth when ho lie noticed a a. big granite slab which seemed scorned almost read ready to fall so ho dug it out with a pick and there 1 less 59 than afoot u a foot behind tho the west wall wull of tho the tunnel and paralleling it was tho ore body for tor which years ears of at time timo and several thousand 1 dollars ha had 1 been boen spent in hunting Tho The bod body is 18 about eight feet wide and tho the miners are of 01 tho opinion that thero there will be at least feet of ot sloping ore oro The Copper Queen Is 18 located about twelve o miles mUes cast east of ot Malad and ot or course COUTHO a strike of at this kind will mean menn much to the community An invitation is extended to tho the public to go and in inspect In- In tho the property and a visit from ex exI experienced ox- ox miners will be bo appreciated I |
