Show r lffr i1 MINES AND MINING The Anaconda Copper company on Juno 29 declared a quarterly dividend of 50 cents per share the same as the last preceding quarterly dividend Concurrent with the discovery of silver BiilpliMoa on tho Florence cornea the news of tho appearance of ruby silver on tho Seven Troughs Trio leas leasA A nugget has been found In the Giffln lease at Manhattan Nevada that weighs Just seven pennyweights less than a pound Tho nugget was found on the Verde claims Estimates of the ore In sight in the Chino Copper companys property In New Mexico vary all the way from 4000000 tons to 12000000 tons according ac-cording to Boston advices AS production indicates 6000 tons a day tho bulk of It from the steam shovels mining operations are going ahead very satisfactorily In the district dis-trict says the White Pine News A ten mlllion dollar corporation organized or-ganized for the purpose of developing the Iron deposits of Wasatch county filed articles of incorporation last week The corporate name is tho American Steel Fuel company The mill of the Round Mountain Mining company during tho first two weeks of June turned out bullion of the value of 21000 This was for eleven days actual running time there having been a closedown for repairs re-pairs The exports of copper for tho month of Juno aggregated 33399 tons an increase In-crease of 3100 tons as compared with Juno last year For tho fiscal year ending June 30 exports of copper metal aggregated more than 600000 000 pounds Ploche Is to bo represented at tho annual session of the American Mining Min-ing Congress at Goldfield next September Sep-tember with an exhibition of products of its mines Mine owners and citizens cit-izens of the camp promise an elaborate elab-orate display It Is slated that the surface showIng show-Ing at Ellondale Is as fine as was ever encountered in a now district Six feet of surface rock will run 3000 to the ton It Is only a question of how rich tho rock will prove when depth has been reached By the official statement of the May business of tho Goldfield Consolidated Mines company Issued last week the gross production of ore amounted t 21030075 tons The gross returns i tills production were 76274810 at the net returns 60675982 In one of tho tunnels at Duck Creek Nevada which has been flooded there has been installed a 12lncn hydraulic pump with a capacity of two thousand gallons a minute This was necessary to take away tho enormous water supply they encountered Great significance Is being attached to late developments In tho camp of Ely Nov developments which are demonstrating that the lode porphyry the copperbearing porphyry that has made the district famous exists In untold un-told quantities beneath the lime Four hundred men employed at the mine of the Cumberland Ely at Ely Nevada struck on July L Their demand de-mand is for 350 a day for miners and 4 for underground foremen for wet shaft work The men have been working under tho contract system and It Is said could not make ordinary wages Deep development by lateral work is now in progress on four levels of the Clermont shaft of the Goldfield Consolidated Mines company at depths ranging from 600 to 1000 feet In addition ad-dition levels have been started at 730 860 and 1000 feet to explore the MohawkUed Top vein system at these depths Stockholders of the Imlay Mining company are exultant over the news that a large deposit of gold oro of fine grade had been opened on tho second I sec-ond level of the companys mine in Humboldt county Nevada The strike proves tho continuation of tho ore body which has been developed on I the first level For the first time In many months no red Ink figures were necessary In making up tho earnings of constituent con-stituent properties of tho United States Smelting and Refining company com-pany for May when not earnings aggregated ag-gregated 380000 or within 5000 of the highest months earnings In tho history of tho company Suit has been filed at Tombstone Arizona against the Copper Queen Mining company of Arizona by Dr I Thomas Winders of San Francisco I administrator of the estate of his father R J Winders for 1250000 onefourth of tho estimated production produc-tion of tho mine and for a onefourth interest In the mine itself as duo tc tho Winders heirs Tho Interstate commerce comtnls slon has dismissed the complaint of tho Grand Junction Mining Fuel company against the Colorado Midland Mid-land the Denver Rio Grande and tho San Pedro Los Angeles Salt Lake railroads Tho complainant charged the railroad companies with exacting unjust and unreasonable freight rates upon coal shipped from Colorado mines to points in Utah Nevada Ne-vada California Oregon and other Pacific coast states as compared with rates on coal shipped from Wyoming and Utah mines A fabulously rich strike has recently re-cently been made In the bottom of thin 240foot shaft of the Now mlno located lo-cated in the Rochester Montana district dis-trict The gold appears In white quartz and it is stated it will run anywhere from 200000 to 800000 to the ton It Is expected that tho now mill at the Star property In Cherry Creek Nevada will bo ready to begin operations oper-ations by tho first week in August It is expected that tho new equipment will bo able to take care of all tho ores of the mlno md > h isv Unto Is exneclml 11 t m h i |