Show T AI NG S t t U. U TAH The old mine Ine which h s s now being worked by the Boston Development Development Develop Develop- I ment company according to to the manC management management manor man man- C of that company Is making a good progress or s tT The r tunnel l lIk Ik has been I driven in more than feet and a 1 raise In ore 8 started t that shows good h eed hbo I values The Tho raise is up about 1 fifty feet and the tunnel Is being driven onward onward onward on- on on on- ward in the hope of striking the Fairview Fairview Fair Fair- view vein which traverses th Big Cottonwood Cottonwood Cottonwood Cot- Cot district in another feet George Wilson WilBon mining engineer for forthe forthe forthe the American Smelting company and Harry A. A Lee consulting engineer for forthe forthe the Silver II r King Consolidated I together with General Manager Braffet of oC the Paloma Mining lIning com company pan recently paid a a. visit to 0 o the latter property and are reported as ns being much pleased not only with the future ore outlook forthe for forthe forthe the Paloma Faloma but with the plans for development now under way under the supervision of Superintendent C. C J. J Graff Graft In a a. recent letter to the company company com corn pan pany Mr oIl Graff Craft stated The east drift on the fissure has widened and the entire face is copper stained We will surely get get Sore ore ore in this drift when we reach the contact of the white and blue The company is also taking out sonie some ore on the 00 level and we hope to to make another shipment lIO soon aon lIOn n The car horta shortage e at Alta which has much handicapped the mine operators In shipping their product is now even more acute at that point by reason of the difficulty the Salt Lake Alta railroad has had ir in the last few days it In keeping the cars it has managed to obtain on the track Trains have Jumped the track where the rails raUs have spread two O or three times in the last week It tt is said and not a ton of oC ore I I has bas been moved move over the line for the I last lastS three or four days The railroad I however Is doing everything e in its power to ameliorate this condition and It la Li anticipated that ore cars will be moving forward with regul regularity the first of the week T Remark Remarkable ble specimens of high grade ore taken from the Live Yankee fissure that traverses the J- J Karl Earl rl Eagle property prop prop- prop prop-I rt erty rt In the American fork district are being exhibited by John D. D Blue Jr vice president and resident manager of of the company In the absence of the general manager George Georg E. E Hemphill who Is now in Boston completing arrangements ar arrangements nr- nr I for the financing of or the company One assay anay of the ore exhibited exhibit exhibit- I ed sho shows values of or 14 1449 ounces in I gold d. d ounces la in silver an anti ana p per r c cent i lead and a another sample a i taken thirty feet farther on runs 33 n ounces In gold Old ounces In silver and 5 per cent lead It t is 18 also alo reported from the American American Ameri Amen can Fork Pork district that tn the Etta Slay May Ia a a. property contiguous to the Earl Ea eagle Easle le leand and which Is working on Ott the Live Ue Yankee fissure made madea a a. a strike this week on shipping ore of a value alue oT of upwards upwards upwards up up- up- up wards of iO 70 The Etta May is a corporation corporation cor cor- the stock or Is closely held by local Interests The return of Joe oe Sheets to active operations on the foor of f the exchange cx- cx ex ex- change was as greeted with cheers and congratulations by his hh fellow members member So embarrassing wa was t the e r reception h he heInd received Ind that to cover his confusion I I I and hide his blushes Mr Sheets took refuge behind a box of cigars which he passed around t to his old associates Despite the fact tact that the exchange was closed today there continued to be much discussion among brokers re regarding regarding re- re garding the report that the board of or governors of ot the mining exchange would shortly take up the matter of listing oil stocks In order to give gl the public an opportunity to buy and sell securities ties of various arlous companies now operating In ing and to be operated in the oil dIstricts districts dis dIs- dis- dis of Casper and Spring Valley The of or opinion among brokers brok brok- ers era seems to to be that the recognition of legitimate oil stocks by the local exchange would tend greatly to stimulate stimulate late business on the board Tomorrow afternoon there will wilt be a demonstration given by the Utah Placer Mining company at Davis Howe Cos foundry of a new placer process that will shortly I be tried out on Utah sands near Cisco located In Grand county on Grand river It is stated by the management that these sands contain platinum In paying quantities and th the development of the property may prove that the higher values are of the silver gray metal with Ith placer gold old as a by by- product The United States government govern govern- government ment through the geological survey is taking a keen Interest In the development development development develop develop- ment of platinum properties throughout the country and the experiment at the Grand river will be watched with in In- In terest The concentrates made from the black sand on the property are said to contain gold values from 3 n to toas toas toas as high as 10 I The rumor that the Minerals Sep Separation Separation ra- ra tion company Is backed by German capI cap cap- I ital tal which originated In the Cobalt dis- dis i trl t. t is denied bv by President Ballot In Inan Inan inan an an Interview published in the Boston News Bureau The rumors are absolutely absolutely absolutely and unqualifiedly false fahe Mr Ballot Ballot Bal Bat lot Is reported as saying There is no alien enemy ownership influence or control control control con con- In the affairs affaire of this corporation The certificate holders of the tho corporation corporation corporation corpora corpora- tion are all 1111 British subjects or American Amen Ameri c can n citizens From early 1914 the company company company com com- pany has been En directly represented In Inthe Inthe inthe the United States by its directors and since the formation of the American corporation It has at all times managed and controlled Its affairs without any Intermediary or agent The The United States State geological survey published the report that the total value of the mineral production of the country in 1916 was more than Increasing more than 2393 over ove the production of 1913 1915 and exceed exceeding In the former record year of 1913 I bv by more than Practically all the minerals shared In this Increase gold being th the only metal 1 de decrease decrease de- de crease In value Silver and anthracite showed decreases ses In quantity but Increases In- In creases In value The free energy machine Invented by arab G-arab Garabed d Giragossian which has attracted attract attract- ed fd the attention of Congress as 11 well as the Interest of President Wilson by which It is claimed power without fuel of any allY kind can be supplied II is now stored in different sections In Boston according to the Boston News Bureau It has no connection with 1 any scheme for per perpetual motion or 01 overcoming gravity it Is so small in size an as to be portable and Is declared by the the In Inventor inventOr In- In to be simple In principle and antI to command great sources of ener energy The ability of or the machine to do the wonders wonders won won- ders dens claimed for it b by Sir Mr Ir wa was the of an extended debate both in the house and senate last winter win win- ter and the Inventor received a number of or letters from President Wilson In rei re- re eard his invention which i to were pub pub- l in th the Congressional Record If U Uthe i the claims made for the Garabed as AI the machine is called prove true upon tipon practical demonstration it Is ts stated that th the effect will b be far reaching not only in the mining Industry It but In many other lines of ot e endeavor A dispatch from New ew York states statu that Jacob U TT S the prominent nt banker declared In an interview that the higher rate now off offered red b by tho thoI I government on the new w Liberty Libert bonds 4 per cent In instead t rt of 3 per cent was wasa was wasa I a considerable inducement for fot people of I moderate means and incomes In fact I the clause subjecting the 4 per cent centI bonds n to t the surtax ur on Incomes begins I to affect f t their el J yield only r where r the I income r reaches cs a large amount This I goes to show tI that the th bonds are an j Ideal investment es for the people in genera general gen gen- f ren ToJ era eral and for corporation o ot reserves as the bonds will 1 be a most liquid asset and will 1 form at all times a collateral I on money can be borrowed everywhere and at lower rates than j I upon any other security t The work of tile the federal eral trade commission com corn i mission which makes confidential re reports iv- iv ports to President Wilson Is regarded re-I re as the best heat assurance against unreasonably unreasonably IY BJ low prices says the Boston Os News Bureau Price ce fixing may unsettle un Un- I settle mining market quotations b but t It I wilt will not destroy Intrinsic values of the I various metals It has hRS come to stay for t the duration of the e war and when end enda the mining companies become a accustomed j tomed to this policy it will be less of ofa ofa of a bogey Minor errors In n the h price of f fJ copper op e for instance n may be made eb but no fundamental mistakes seem fem likely y i |