Show I MIKES AND MINING I TIio Dewey mine and mill has been closed down for tIle season only a watchman being left at tho noted Thunder Mountain property The oil excitement nt Pnyetto Idaho Is unabated and tho prospectors pros-pectors expect confidently to find not only oil but gas In paying quantities Time treasury department on October Octo-ber 28 purchased 200000 ounces ot silver at 00941 cents per tine ounce to bo delivered at New Orleans nnd 100000 ounces In San Francisco Edwin P Ryan who has achieved rcnuirKablo results nt Guanojauto Mexico was graduated from tho Mexican Mex-ican College of Mines only seven years ago Ho has Introduced tho cyanide process in silver reduction The opinion Is growing among tho people and mining men particularly who have studied tho ground that the country surrounding wcisor Idaho on the north Is n vast mineral bolt recent discoveries strengthening that belief Notices posted about tho Calumet nnd Hecla copper mine works announce I an-nounce a reduction of wages on December De-cember 1 of 12th per cent approximately approxi-mately equal to tho Increase granted early In the year The reduction affects af-fects 2500 moon Regardless of tho fact that tho big copper companies of Ely Nevada have put Into effect their policy ot discharging foreign laborers and maltIng Ing this strictly an American camp there Is a general shortage of first class labor In Ely J Robinson the Indiana and Ohio I oil field man urges all Utah and other operators In tho Virgin field to whoop things up as he Is certain that tho ywill have a strong and ready market for every drop of oil they can produce without a wait Tho production of gold In tho united States during 190G was 4505330 fine ounces of a value of 91371800 tho silver production amounted to GGGIY 900 fine ounces of a commercial value of 3S25G400 The production 01 these metals for time preceding year was 88190700 gold and 34221J7l silver That tho usual dividends of thc May Day and tlnele Sam Consolidated companies will bo posted this month was tho positive assertion of tho management man-agement of both corporations last week Both properties aro shipping regularly and both have treasuries that can meet tho payments without feeling It at all Tho mines and leases of Goldfield havo added 10000000 in gold to tho wealth of tho world during the year ending October 1 and have paid In profits and dividends 1281000 Tho I production Includes the richest slnglo carload of ore ever shipped from amine a-mine This shipment brought on tho I market 58424611 I I Tile smelters of tho Salt Lake valley val-ley hereafter will be forced to do all their own switching If the order promulgated pro-mulgated last week by tho railroad companies should stand Tho companies com-panies are of tho opinion that when j they have delivered the cars Into tho smelter yards they have done all that could be demanded from them Secretary Taft rodo to tho AmerIcan Ameri-can mine cast of > Bagulo P I one day last week over a precipitous mountain trail which drops 2000 feet within a distance of four miles Ho Inspected tho Clarke mine and mill and the Laffan mill Addressing tho American miners ho said ho hoped to secure needtul reforms In tho mining laws The directors of the United States Steel corporation last week declared tho regular quarterly dividends of lyt per cent on tho preferred Block and onehalf of Iller cent on the com mOil The earnings for the throo months ended September 30 wero 13301285 an Increase of 3099001 as compared with tho same quarter last year Tho news comes from Cananea Mexico that tho GreenoCananea Copper company has determined upon a complete shutdown of Its mines concentrator and smelter at Cananea This action will mean tho closing down of all but ono or two others ot tho fourteen operating properties In that district Over 3000 lien will bo thrown out of employment U IB considered likely that In view of tho present adverse money market conditions that a reduction nll may be made in tho next quarterly dividend of Butte Coalition although the com pany has enough money In its treas ury to male tho payment Uccent buying of tho stock has strong been for the account and the boons snow shares than ever before mOro widely scattered dated Tho report that the Nevada Consoli capper IIIlne has closed dawn Is Olllcially dOllied It Is still In Cull oration The 011 l development work how ever has been no far toted advanced it la officially that there Is 25 i 000000 nol Ions of are In tn uo mIned rho shaft sight read Is Comlllotol and the amine la its ready to shIp are to concentrating plant as SOON IIIallt8 aro ready as the p colli FICt mlno ant are Pearl eIl1IJloJd Jdaho n tho Iln nllmts uf oo 811111 SlUelters rOllcentllltes 10 Salt Lathe are Nallo of the constantly being male ore Is treated thor than to nt the mime I crush the Wlllley and pan It OVer 15 tables 4t0 feet Ruth fho shaft la down tho are on that lord princIpal workings Nevada Is makIng ftn effort to lIre the net soot cession so-ot tho Amrl IUn MinIng Conrre8 In tile and at Joplin canting annual congress the 111I01lng of limo hlvo SnrJrush Itato plenty oC ru will to urge prerrntntlYes nn haul bone orwar1 Nev a lit clallll to the v IIIr |