Salt Lake Tribune | 1916-04-21 | Page 16 | Mining Notes

Mining Notes. .Silver anVa ncci vpstprrtav on the New York market to C54 cents an ounce. The weeklv settling nrlre nf elptro-lytin elptro-lytin ronrr for the week enrlpd April 19 is "."vi'""7"' rnts per pound nnd the price for rat boric conner Is 2S 5 cents per, nnnnd. perorrling fo the Engineering & Minim? Journal. The same paper quoted lead at 7.61 cents per pound. The weekly settline price for snelter for the week ended April 19 Is lfl.o3 cents, according' to the Engineering- & Mining Journal. The Utah Apex Mining company's report re-port for the quarter ended February 29 shows gross receipts of 93U; expenses. $151. 3S3: development, $2S.3o5; Interest on bonds. and net Income, ?02.709. Ore shipments are averaging' more than o.'if ions per day. Three new mining companies have flied articles of incorporation. They are: Utah Silver Consolidated Mining company, com-pany, $100,000; David C. Roes, president; John T,. torbes. vice president; C. Brown, secretary and treasurer. Lucky Boy Mining Min-ing & "Milling company. $".0.i)00: 15. E. J,owry. president: A. B. Krlshy, vice president; Ira Griffith, secretary and treasurer. General Reduction company, to engage in mining and milling. $100,000; George E. Ginarsley, president ; T. I. Olsen, vice president; John J. Olsen, secretary; sec-retary; James W. Burke, treasurer.