Show MINES AND MINING Tho Western Pacific Mining company com-pany which owns mining claims on Silver Island In tho Great Salt Lake filed articles of Incorporation lust week Tho profits that have accrued to In vestorn In Goldflald stocks by the recent re-cent rico In tho prlco of these secur lies Is variously estimated at from 50000 to 100000000 The news has been flashed from Boston that a big corporation is being organized to take over the Witch group of claims at Ely Nev It Is claimed tho Standard 011 company Is back of tho project At tho regular quarterly meeting of tho directors of tho Consolidated Mor cur company held In Salt Lako last week tho usual dividend of li Uzc per share or 25000 was posted for payment pay-ment on December 19 From fifty to seventy people a day arc rolling Into Ely Nevada now and 03 noon as It is possIble to got material mater-ial and men to handle It tho camp will experience such a building boom i as no now city ever saw The Commonwealth Mines company Is tho name of a new corporation that has been organized under tho laws of Wyoming to operate In Beaver county coun-ty Utah It is capitalized for GOOOOO shares of a par value of 1 Within tho heart of tho Falrviov Nevada district at this time are seven properties half of which could bo shipping hlghgrado oro were it not for the conservative policy which IB being pursued by their management Tho development work in progress on tho Louise Con near Ogden Is demonstrating tho continuity of the vein Iho drift to tho south Is now In about 400 feet showing oro all tho way and a recent development shows seven feet of grey copper Notices havo been posted throughout through-out tho plant of tho Macbeth Lease at Mackay Idaho announcing tho fact that tho management had made an Increase in wages of all tho skilled labor employed amounting to from 25 cents to 50 cents to each man per day Two mines of Goldfield are piling up tholr lilgigrado oro to mako a nmillion dollar shipment and it will boa bo-a guess until the ore is finally placed aboard the cars as to which will bo tho first to break the worlds record Tho mines in this unique race aro tho HaycsMonnetto and tho Frances Mohawk Mo-hawk The directors of tho Nalldrlvor company com-pany met in Salt Lako last week and levied an assessment of three cents a share on tho outstanding capital stock of tho corporation It will bring Into tho treasury nearly 9000 which will bo applied to development work Tho shaft Is now down 880 feet feotTho Tho East Butto Montana company com-pany Is today earning about 7000 per month from tho leasers now operating operat-ing tho property OH a royalty basis By January 1 next all leasers will bo excluded from the property By this time tho company is planning to ship to tho Washoo smelter 300 tons of oro per day Exports who havo been searching tho Sierra Madre range of mountaIns north of Ogden havo made tho most flattering reports as to their richness not only in many of tho rare metals such as rungstate and molybdenum etc but also tho garnet which Is used so extensively as a polisher for metals A prominent mining man says that Ely Nevada will outstrip Dutte Munt so far in ten years that tao marvelous wonders of tho latter camp will appear ridiculous by comparison If two or three Instead of ono big smelter enterprise develops tho camp will boast a population of 100000 souls he says Tho largo plant of the Utah Smelting Smelt-ing company near Ogden began operations oper-ations last week Tho smelter Is the first to bo erected in this locality and is backed by tho Eccles Interests Tho plaht Is situated onehalf mile from the Utah Hot Springs and Is connected connect-ed by a spur with tho main line of the Oregon Short Line Nell Glllls ono of tho very early day miners of Pork City and at ono time shift boss In No 2 workings died In Pasadena California last week Nell GillIs came from Nova Scotia and went to work at the Ontario mine within a year or two after Its discovery dis-covery Tho feature of Salt Lakes business situation for the past ten days has bean tho unusual number of big mining min-ing companies organized here No less than halt a dozen companies havo filed articles of Incorporation with a total capitalization ranging close to 5000000 Thu subscription allotments to tho stock of tho King Edward silver mines tho Cobalt company of which Samuel Newliouse Is president and Barney Baruch Harry Payno Whlk ney and Eugene Meyer Jr arc directors di-rectors have now been made says a Boston paper John B WeImer Is now regularly shipping to the Salt Lake market copper cop-per ore from Idaho that Is averaging better than 150 a carload not His first shipment was made In October two months or such a matter after he had taken possession of tho property prop-erty Is operating I |