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Show MINES AN J) MINING i A smolter Is to bo Installed this fall at the Hercules mine, south of Burloy, Idaho. Tbo smolter will bo of 6'J-ton capacity, nnd will cost S!!,-000. S!!,-000. The Gold Point Mining compan, on lied rlvor. In Idaho, has ordorod n 40-ton capacity Chilian mill, assays of oro taken from this property havo run ns high as $800. A big Pennsylvania coal mining company will erect nn oxtcnslvo plnnt to treat railroad ties and othor timbers tim-bers with crcosoto and zinc chloride to extend their llfo. A Los Angeles, California, banker bus within tho week nnnouncl-d that tils bank will consider standard, first-class first-class mining stocks as good collateral collat-eral security for loans. Tho total vahw t tho oxports of Iron nnd steel (not Ircludln or-0 fo-tho fo-tho past fiscal la $1H3,982.182. which contrnstB Interestingly vlth $181,630,871 In 1907 and $108,981,985 In 1900. Mason vnllcy stockholders took all but COO sharon of tho 70.000 shares of treasury Btojk rocontty offered by tho company nt $1. nnd undorwrltors will receive only tho small amount mentioned. Tho payrolls of tho camp of Ely, Novndn, now aggregate $175,000 per month. This, of course, covers tho country from ' tho Veteran mlno of tho Cumberland-Ely company to tho mills nnd smelters at McGlll. A power plant for Altn district, Idaho, Is nbout to bo built by a syn-dlcato syn-dlcato of Altn operators. It Is to bo built nn I.tttto Cottonwood creek, about two miles below Alta nnd will develop from 300 to 400 horsepower. From the Sovcn Troughs district comes word that the Sovcn Troughs Eclipse company's now Bit-aft has cut an oro body which leaves no room to doubt thnt tho property Is to becomo ono of tho leading producers of tho district. Tho estimated production of tho Butto mines for August wns 25,317,-700 25,317,-700 pounds of copper, n decronso of 917,000 pounds from tho July output, but with tho excoptlon of July and May tho largest yield of any month of tho past eight. Mining nctlvity In tho vicinity of Centh valloy, which In tho hoydoy of tho Greenwnter and Skldoo excitements excite-ments was booming, has sunk back to tho dead-level of tho lonesomo days following tho farewell of tho 2t)-mulo 2t)-mulo borax teams. Michael Sweeney of Spokane, who recently acquired control of tho Crackerjack mlno In Buffalo Hump, has a force of 32 men nt work on n vngon road between Buffalo Hump nnd Orogranda, as ho Is preparing to open tho mlno this fall. Wfcllo removing n hugo rock which was In his wny, C. P. Johnson uncovered uncov-ered n lcdgo which promises to bo ono of. tho richest dlscoverlos In tho Blacktnll district of Idaho. Specimens showed It to bo oxtremely rich In gold, slivor nnd copper, Gold Valley Is tho name of a now ndnlng camp In tho Gold Bolt Mining district, nbout 28 miles southwest of Hnrt nnd 14 miles southeast of Clmn, on tho onst slope of tho Proyldenco rango, In Nevada. Quito a rush Is now on for tho now camp. A big English syndicate bos taken ovor the Colman borax mines In tho Belleville. Cal., mining district. A working capital In tho sum of $00,000 is to ho provided, of wWch sun $30.-000 $30.-000 will bo forthcoming nt onop. wHh which to start development work. Word from Chafoy, tho now No-ada No-ada camp, shows how quickly money can bo mado thoro. On ono prooorty Mr. Chafoy and his nimoclntes drove n sixty-foot shaft from which thev each cleared $1,400. after pnylnn all tho expenses Incident to the work. Tho Steptoo smolter Is now making from fifteen to twonty tons of blister copper a day, and hns mado as much as thirty-two tons In ono day. With a unit nnd n half in operation. th nmount of oro that Is irolng through tho concentrator Is 2,000 tons n day. The Sunbeam, nt Custer, Idaho, sbows n ledgo 175 feet wldo, carrying an nverago value clear across of close to $8 per ton. Streiks occur which yield as high ns $5,000 nor ton Tho oro Is absolutely freo milling and tho propotry Is a piarvol of richness Tho Stownrt mine, nonr Wnrdnor has been financed, according to new from Now York, whoro tho stock ol tho United Copper company hnn taken n storng rlso, based on tho belief be-lief that F. Aggustus Holnzo hns been ablo to finnnco tho Stownrt, tho Ohla nnd tho Davls-Dnly properties without with-out losing his grip on them. Coal exports havo greatly Increased Ir tho last fiscal year, the total value, being $39,355,759 ns compared with $34,727,702 In 1907 nnd $28,210,370 In 1"0C. Of the 1908 oxports Canada received coal to tho valuo of $30,342,-P47. $30,342,-P47. ns aealnst $27,022,470 In 1907; Mexlcq. $2,713,474, ngnlnst $3,208,585; and Culm, $2,153 130 in 1908, against $2,1J1,721 In 1907. Tho work of reconstruction and enlarging en-larging nt tho zinc plnnt Is going on In good shape, nnd tho work will bo pushed to completion with nil possible pos-sible speed, says the Park City Record. Rec-ord. With Its Increased capacity the output will bo more than doublo what It has been. In regard to a reported deal for Ely Witch in which tho Guggonholms flguro. tho Ely Nows says that It' Is well known there that within tho last few months n couplo of examinations havo been mado of Ely Witch propor-ry propor-ry hv oxports representing largo eastern east-ern Interests. Tho annual report of tho Nowbouso Mines & Smeltors corporation was nado public In Boston on Friday of InBt week. It shows n balanco abovo operating expenses ns a result of tho year's work amounting to $71,921, with receipts from tho salo of copper nf $1,093,350. The preliminary report of tho Dominion Do-minion department of mines for 1007 shows tho totnl mineral production for tho year was valued nt $80,183,-447, $80,183,-447, as compared with $79,957,308 In 1900, and $28,485,023 ten years ago. The output of metallic ores wns vnl--r.cral-T3T,2T7U0T5: H |