Show the annual meeting of the stockholders of the gemini mining company of salt lake operating at eureka utah will be held on december ath at the companas comp anys office in the kearns building 0 the utah consolidated mining company operating at bingham utah has posted a dividend of 50 cents a share aggregating payable december 22 with the disbursement of this dividend the company will have paid in velvet money 0 it is reported that a most important strike has been made in the property in big cottonwood canyon northeast of salt lake and not far from the cardiff mine in which a large body of fine ore was recently uncovered during the past few months extensive prospecting has revealed gold placer diggings in the foothills of deaver beaver valley not far from beaver and steps are now being taken to operate them by means of dredging among those interested in this new field of enterprise are A B blainey of beaver general manager of the beaver gold mines corporation and C C chapin vice president of the association A large number of placer locations have been made and an effort is now being made to finance the proposition 0 the old maxfield mine in big cottonwood canyon a few miles southeast of salt lake city has been taken over under lease and bond by F H vahrenkamp of new york the stated consideration being the maxfield is one of the early day mines of utah and has an accredited production in the past of with several hundred thousand paid in dividends for a number of years the property has been worked in a desultory manner because of water troubles it is understood however that up to date machinery will soon be installed to meet this difficulty and that the property is to be extensively and systematically developed in the near future A new electric power plant is to be installed and centrifugal pumps will be em aloyed |