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Show II Mines and Mining1 HI The week in mining has been very satisfoctoiy in every sense. H The month which has just closed has been owe dividends, and each Bu week in it has seen the opening- 1 many raics which had been dosed. Hi even through the period of mining activity which ended with the B great slump last fall. One thing wvirih as oi ecSaS significance at B the present time is the fact that -orders Sot ttihe irf A swcnS are pouring B in to the big dealers in a manner which was tncver breamed of a few B weeks ago. Those who are best AcqnairntcA with the situation are all B of the opinion that 15-cent copper as a ithing the "near future, and that when it reaches that figure it will stay there or c higher. B There has been a remarkable activity in smelters during the B week. This is true all over the intermountain country. From Ely, B Nev., comes the word that the big smelter there is down to its full B production. The valley smelters and the Garfield plant are now work- B ing to their full capacity, while the Knight smelter at Tintic is settling B down to steady work. The only discouraging thing in the whole B situation is adverse reports coming from the east regarding the Gar- B field plant. This plant has been in an experimental state for some B time, having a class of ore to handle which requires much experimental B work before it gets fully down to business. The saving of the metallic wealth of the ores is growing better all the time, and those in charge B of the works are confident that the problem will soon be solved. B Lead and silver are looking up in price. The latter metal has a B I great call upon it and everything looks to an advance in price. This B I outlook has had a salutary effect upon those -camps which are pro- B I duccrs of galena and kindred ores. In fact, the silver-lead mines are B ' having a great revival and there is hardly an old producer which is B not now on the active list. B From Nevada and Idaho camps comes the cheering news of great B strikes, both in the gold and in the stiver and lead districts. In the B copper districts there are great advances all along the line. There is B much prospecting under way and many new outfits have started B j during the week. Taking it all in all, there has been nothing to com- B plain of in the industry during the past seven days. Hi tintic. B The Godiva is again in the active shipping list. The machinery B which has lately been installed is working like a charm, and from now B on there will be a steady stream of ore coming from the lower levels of the mine. For years the company operating the property was a Hi close corporation. It recently, however, came into the open list, and B the stock has been called on the Salt Lake mining exchange during B.i the week. The old Eureka Hill mine is now being worked on the leasing BJ plan. There are several sets of leasers at work on the ground at the B present time and it is reported that they all have been doing well. The Bj leasing plan has also been inaugurated at the Eagle and Blue Bell. B The first carloads of ore from this property have been on the market B during the week. The Carisa and the Mammoth have both been B operated by leasers for the past year, though in the case of the latter B, the company has been operating as well. The repairs in the Mammoth B have all been completed and the mine is in a position to go to work B taking out ore. The Carisa leasers have had a very prosperous month B and have shipped an average of four carloads of ore during the past B' four weeks. B The May Day has been shipping at the rate of a carload a day B for the past month, and is preparing to increase the output to a B degree. The Gemini has placed its machinery and forwarded to the B smelter two carloads of ore during the past week. The Grand Central B and the Victoria 1- ,vc also entered the shipping list since the opening B of the Tintic smelter. The former is getting in a position to resume B its old-time production and will be again in the dividend list. B The Colorado dividend Will not be as heavy this month as usual. This is not the fault of the mine, but the inability, to get the ore treated. There will be a dividend, however, and from" the present time on there will be a full dividend declared. There is some talk of making the Crown Point independent of the j, Colorado. For some time past the mine has been worked through and ji with the aid of the machinery of the latter mine. It has been the Hi' intention of the management of the Crown Point to secure machinery m of their own. This is now assuming shape. The matter will be taken B "P at the next meeting of the board of directors, and from present B appearances some action will be. taken looking toward that end I nf JT1-C 0?-th j ???? haS be,e" the banner one in the Production , JZll i f a1 IS rC ta " ?Ut of the Kround the Centennial-I Centennial-I 128 : cSs prduced 187 cars w,th the Colorado a good second, with I BEAVER. The. Star mining district in Beaver county is fast becoming the champion of the southern country. For the past few months the Burning Moscow mine has been developing into a bonanza of no mean dimensions. During the past week there has been a great body of ore brought in on the 400 level. This ore shoot is only a dcvclop-9 dcvclop-9 ment of the ore body which came in on the uppcrlevels, but it is stronger and of higher grade than any yet uncovered in the mine The Hub mine, which is a near neighbor of the Moscow," is fast developing devel-oping into a mine, and from word which is brought up will be in the shipping column in a very short time. The Majestic company has a force of eight men at work on the Harrington and Hickory. This force will be increased as the work proceeds, as it is the intention of the management to push the development of the ground to the fullest. Uncle Matt Cullen has purchased the Rebel mine and has placed it in charge of Dan Ferguson, the superintendent of the Moscow. It has only been under development for a few days, but Mr. Ferguson is of the opinion that the ground will develop into another Moscow. Manager Hanchett of the Cactus, in making a report on that property after a recent inspection, says that what has been reported as a strike at that mine is merely the development of an ore body already known. It is a fact, however, that the grade of ore is much higher than in any of the other workings, and adds materially to the value of the mine. BINGHAM. There has been a great amount of speculation as to just who has secured the interests of F. Augustus Heinze in the Ohio Copper. It is a fact, however, that Mr. Heinze is out of the property. All that is known is that eastern people have vaulted into the saddle. The Utah Consolidated, in all its operations, has made an average of 7.35 cents as the cost of producing a pound of copper. The entire holdings of the company, both mine and smelter, arc being overhauled with the object in view of making 7-cent copper. The Highland Boy at Reveille is now in the shipping list, having sent a fifteen-ton shipment to the smelter. The grade of the ore can be judged when it is known that the shipment averaged $217 a ton. The quarterly returns of the Utah Copper company show that the net earnings of the company arc $493,000. PARK CITY. The Daly Mining company is now in position to enter the Bonanza Bonan-za Flat country. J. J. Daly has purchased a considerable amount of land in the Snake Creek district for 'the' use of the company. Thev will now drive into a territory at which they have been looking with longing eyes for some time. BIG COTTONWOOD. The Rexall tunnel is now in 600 feet and work is being pushed forward with all haste. It will be some time yet before the known mineral zone is reached, but every indication is to the effect that the development is along right lines. Both the Baby McKee and the Cardiff are hard at work. In the latter the mineral zone is just ahead, and it is thought that the efforts of the management will be rewarded in a short time. The old Carbonate will be equipped with an aerial tram in a short time. There is much ore in sight and the mine is developing finely. It is thought that there is enough ore to keep a tram busy for some time to come. OUTSIDE MINES. Work on the Harris lease in the Seven Troughs district is being pushed. Enough has been shown to prove that the property is a t very valuable one. Some high-grade ore has been brought in and the ground is more than paying for its development. The Thcrien property prop-erty is now in the shipping list. There is a great amount of ore in the mine. All the big mines of Ely, Ncv., are now at work. The smelter is being pushed to its capacity and is responding to the work in a manner man-ner which is beyond all praise. The Cumberland Ely has got down to business and the Ely Consolidated is sending out its ores in a constant con-stant stream. Ely has at last come into her own. |