Show current comment on utah s min mines es and prospects conditions in the mining industry throughout hout utah remain practically unchanged which means that mining is in a most flourishing condition in nearly every mining camp in the state in certain sections enterprises of considerable magnitude are in hand consolidations are in contemplation pla tion and heavy work is being inaugurated bingham tintic gintic and paik city are in a most responsive mood notwithstanding the very low ebb in the stock market which would indicate that now is the time to buy really gilt edged securities at prices way below their actual and intrinsic values unwonted activity is noticeable in american fork canyon beaver county is in a most promising condition and the mines around ophir are coming into the market with good ore shipments the lion hill consolidated soli dated and the cliff being particularly noticeable in this respect that something may be doing at stockton in the near future is highly probable as it is stated that the old boneri honerine 1 ne mine in this noted camp has been sold to the salt lake hardware company and its associates park valley district in box elder county is also attract in renewed attention while the great gre at betl creek country is not being overlooked by mining magnates it being reported that the woodman mine at gold hill has been purchased by the guggenheims while the western utah copper is steadily getting bigger and greater than ever camp floyd district is again coming in for more favorable comment and it real really ly looks as if the west dip s section of the district would make good after so many years of repeated failure in gold mountain district the sevier consolidated is improving as work i esses in its development and encouraging news continues to come in from the marys vale country the big mines of park city are maintaining their regular heavy shipments and an increased tonnage is anticipated by those in touch with this great camp according to advices advises from the tark park the re cent daly judge strike is holding out in a most gratifying manner the same condition prevails at the iowa copper where fine bodies ot payable ore are in sight although it is reported that the company will soon discontinue shipments for the win winter ter at the silver king Co coalition aliton interest never flags if anything it is constantly growing and the succession of important strikes in this property furnish one sensation after another the latest report from the mine being that a new discovery in virgin ground has been made in a crosscut driven in a southerly direction from the east drift on the contact on the 1500 foot level here a threefoot three foot body of ore has been disclosed that assays essays per cent lead ounces silver and 6 in gold to the ton in a recent issue of the imling review mention was made of the snake creek daly judge tunnel project this is now being rounded out and it is believed that work on this enterprise ter prise will begin before the first of the year the machinery tor for the new knizat power plant on snake creek is now on the ground this plant will furnish the daly judge people with the electrical energy for the driving of the tunnel and the installation of the transmission equipment is already under way there is joy in the household of the standard mining company operating in tintic gintic district and manager E J is taking a firmer grip on life in this ground according to all reports a well de fined vein vas tas deen encountered on the foot level the vein is well mineralized and contains minute crystals of lead characteristic act of the carbonates abounding in that section sinking will be continued to the when a crosscut will be run to the vein an important trans transaction action for tintic gintic district was consummated not long ago when col ed loose of provo came into the control of the famous old ajax mine at the annual meeting of the company held recently there was an entire change in the directorate of the organization the official household is now as follows C E loose president A C edits ealis jr vice pres president i P J peterson treasurer J M burt secretary R G wilson J T farrer and E D G woolley the taking over of the ajax by the loose crowd so it is stated means another coalition or consolidation for tintic gintic district and it is rumored that it is the intention of the company to take over golden chain and cleveland properties adjoining the ajax this new territory could be easily and profitably operated from ajax workings and would give the company considerable virgin ground the mines of tintic gintic district continue their heavy ore tonnage and are afe maintaining their regular dividend payments according to advices advises from the east there is every reason to believe that the new southern utah mines company will begin operations at the cactus mine at newhouse soon after the first of november and that the rehabilitated mill will also go into commission mission at an early date the mill with its increased capacity can now handle from 1000 to 1200 tons of crude ore daily while in the mine it is stated ore his has been de to a stage ai which promises steady production for a long time to come the management is quoted as saying that the comp company comparin ariy will produce copper at a cost of about 8 cents a pound and showing a net profit of something line like f from born a monthly production of about a million pounds of the red metal the majestic company is also preparing for big things in the future as the last of its heavy electrical equipment at its harrington hickory mine has been installed the management has large reserves of fine commercial ore blocked out in the mine workings and it should soon take rank as a heavy producer and at last a regular dividend payer this certainly will be good news to holders of majestic stock who for years have been the victims of stock manipulating sharks notwithstanding that no company in the state owns better or more promising ground in park valley haunts box elder county much activity prevails in the dif different feren t portions of the district of great importance is the starting up of the new mill of the susannah company and all the more so as it is reported that the process is a complete success and that bars of the golden metal are now finding their way to the united states mint the m arne ne also is looking well with large reserves of fine ore in sight the century company also is taking on new life for the past few months the century mine has been in cou course arse of development under the of T W ireland and results are said to be most encouraging the company has levied an assessment of a cent a share for the purpose of maintaining development and operation the susannah and the century are adjoining properties and cover extensions tensions of the same vein system the century has paid in dividends in the past there are numerous other properties in the district which are showing up in a most encouraging manner with development |