Show RECENT explorations in zimbabwe Zim Zini babue district in central south africa says the denver mining reporter have resulted in the discovery of a prehistoric gold minin mining 9 camp where were found evidences of consid considerable e rable INTE INTEREST in the oil industry throughout this intermountain region is growing apace and arrangements are being perfected for oil exploitation which should demonstrate in the very near future the existence or non exist ence of oil in paying quantities in utah and wyoming districts now attracting so much attention at the hands of capitalists and investors ve much has been said in the press of late regarding the demand for oil in relation to its prospective supply of the use to be made of oil as a fuel by railroad companies and steamship lines of the use of oil in the smelting smelling sm elting of ore and in power generation the con census of opinion being that for many years to come the supply will not exceed the demand another feature of interest to oil producers is the fact that a scheme is on foot or alleged to be for the production of rubber from the residue remaining after the refining of oils it is claimed that the project is a feasible one and that an excellent quality of rubber has been manufactured from this waste the ability to handle the oil in this manner greatly enhancing the value of the oil output which with this new enterprise fairly under way should raise the price of crude oil to 7 or 8 a barrel the enterprise emanates eme nates in san francisco but there is every re reason ason to believe that the invention should be credited to a salt lake man dave and his associates of bingham who have been working a portion of the red wing mine on a lease have given up the same and now the mine is being worked by the company the northern light has been on the shipping list to an encouraging extent of late and it is claimed that the receipts from recent consignments consign ments from this old time bonanza have cleaned the companas comp anys slate in the way of indebtedness and that the treasury fund is steadily being added to the ore being marketed I 1 is of excellent grade the mining review is under obligations to james irvine co of los angeles in for a copy of their booklet entitled miners and prospectors guide the work is full of information pertaining to mines and mining 01 the different metals and their values recent mining decisions and advice to fillmen and engineers the price of the book is 25 cents per copy and it is worth ten times this price the boise stock mining exchange of bolge boise idaho although but a youngster of two months growth is ay doing a splendid business and not only in mining stocks but also in railroad securities grain and provisions the mining review is informed that the business of the exchange for may amounted in value of sales to while june transactions will exceed the business for may the exchange is admirably located in the basement of the new idanha hotel |