Show around the state cement manufacturers of utah according to ralph bristol have reduced thes the price per barrel for their product brodu C t to the commercial world from to the deduc reduction ti on being effective from march 1 A recently issued report by the iron blossom mining company shows that a surplus approximating is on hand it is expected that a dividend of at least 2 12 1 2 cents a share will shortly be declared geo L bemis veteran mining man of utah has been i appointed managing b 6 director of the new quincy min mining ing co boj which is actively developing at depth its large park city holdings and the adjoining leased little bell don domain fain L F rains president of the carbon fuel company was in price recently with two or three of his associate shat are interested in some coal properties over south of sunny side they made an inspection of these utah and california capital will develop the holdings price sun the utah boston development company operating 6 i the old new en england 6 land properties at bingham bing ham has temporarily discontinued work in the upper levels pending sink ing to deeper levels some leases may be granted in some of the old upper workings during the interim following a protracted close down during which changes b in the methods of milling were made senator W A A darks clarks ophir hill property at ophir utah resumed operations early in the month product of the mill it is said will go to the international smelting smelling Sm elting companas Comp anys works at tooele thoele the silver king coalition mill has been grinding out concentrates the past two weeks the machinery started off without a hitch or bobble much to the satisfaction of supt bupt mathez and foreman tallon as well as to the officials of this great company from now on there will be a material increase in the output the aluminum potash company of america with headquarters in in S a alf t lake has been granted peri permission mission by the ahe state securities commission to dispose of shares of its ts 7 per cent cumulative preferred stock of the par value of per share the property of the company is near piute diute county five miles northwest of marys vale rumors of negotiations by boston interests for several park city mining properties located adjacent to the park utah mine with the intention of a consolidation into one big concern and for the purpose of conducting extensive save development operations were recently announced by stephen H lynch receiver of the merchants bank he stated abed that he had received offers for the new york bon anza za mine owned by her herman man baab bamberger erger and himself and for the wabash property on which he and mr bamberger hold id an option but that no definite action would be taken until mr Bam bergers return to salt lake city from san diego 0 manager cecil fitch of the chief consolidated mining company announces that preparations are being made for an extensive campaign of development work in behalf of ithe he territory during the past few years a large amount amount of work has been performed in the ground being deang handled from the main workings of the chief and flom with the no ra tile the newer workings which are connected shaft aft of that company mr fitch says that this work is 10 continue and that in addition his company will develop the ground from the grand central mine which they recently purchased from col C E loose and associates the annual report of dragon consolidated controlled by the knight interests of provo shows cash balance of the property located at tintic gintic was worked entirely under lease during 1921 the quartz part of the mine being under lease to the tintic gintic mill and the iron part to the U S smelting smelling Sm elting company recently a sublease sub lease was given on the talc deposit which surrounds the iron deposit the quartz lease is yielding 50 tons of ore a day that averages 60 cents gold 4 ounces silver and 7 per cent copper under the iron lease there has been shipped an average of about 75 tons a day that has netted the company 75 cents a ton the east utah mining company has filed articles of incorporation with clarence cowan county clerk and with the secretary of state the company is is capitalized for 1 stock having a par value of 10 cents a share capital stock is paid for by the transfer to the company of mining claims in the blue ledge b and snake creek district in wasatch county R T kimball of park city is president of the company W A dennis of helper is vice president and W I 1 snyder of salt sal t lake is secretary treasurer other incorporators are J W lamb provo T H paul park city E L jones salt lake W D sutton salt lake L H ewell provo J P burns park city william ratcliff provo and H J dennis salt lake |