| Show here and there around the state an operating profit of or a share was made by the bingham mines company during the first eight months of 1927 as compared with or per share for the similar period of 1926 the white king mining company aled articles of incorporation with the county clerk on the this company is is capitalized for dr john T white is president 0 W carlson vice president and george H taylor secretary and treasurer while very little has appeared in print concerti concerning con cerni ng the recent strike reported to have been imade made in the cardiff cardiff mine big cottonwood canyon the way the company companas comp anys s string of sixton six ton trucks were rolling down with great loads of ore during the past week it might be taken for granted that the strike was panning out all right M wallace woolley manager of the ore purchasing department part ment of the united states smelting smelling Sm elting refining mining company has returned from a business visit to st anthony and idaho falls idaho mr woolley reports that in the worthington kaufman mine recently taken over by robert N bell former idaho state inspector of mines an important strike has been made A special meeting of colorado consolidated mining company was held on the at the companas comp anys offices in provo prove purpose of the meeting was to change the articles oi of incorporation to make the principal place of business at salt S alt lake the majority of the stock in the company is now owned by the gintic tintic standard mining company and the business will probably removed toe be moved to the salt lake offices of that company underground work at the mammoth mines at eureka interrupted in i by a fire which destroyed the compressor plant thas ihas been resumed power has been secured from the knight plant at the colorado mine amine A new pom compressor with a capacity of 1500 cubic feet per minute has been purchased the fire which destroyed most of the sud surface ace buildings supplies and machinery did not damage the boiler plant seriously nor harm the hoisting machinery i i the recent heavy buying in north lily shares has been caused it is said by now new ore developments on the level of the mine the camp paper states no new cevelo developments P ments have taken place on the level in fact the drift on this level still has considerable distance to go before the point is reached where ore maybe may be expected the sloping operations on the ore body on the level it is understood ihas has been exceedingly pleasing to officials of the mine it is understood that ore has been developed up to the level which greatly increases the ore reserves serves Te development of the lower horizons of the sioux consolidated soli dated property at eureka will be done by the he tintic gintic standard mining company on a royalty lease arrangement according to announcement of manager E frank birch of the sioux company development on the sioux 1700 level will be continued but lower work will be conducted from the no 1 iron blossom shaft by the tintic gintic standard company exploration in the eagle and blue bell lime stones of the fissures productive in an the upper levels of th the sioux is the objective of present work manager birch states that the lease taken by the tintic gintic standard is for a three year term but does not carry an option on sioux stock |
