Show MINES AND MINING the hoston financial news anys tint that tile copper output or of the ta 16 Il litte camp for fol tho month of june was 4 1 pounds 1 de loss than in ill may alay I 1 thoro thero aro are twenty beven gold bredgit dred git operating along Fe feather river A on one stamp mill near Colter vIllo la Is said ta t havo out last year oro ore shipments froin tho ells hrict for tile the past week amounted to only carloads cai loads ugal against list a total ot of dill lining ik tile tho previous long week Is a a total tonnage of only to tons no colli compared pal ed with 1000 the provi out week it a decrease of about 25 per cent the goldfield con of nevada leads in the united states St ittes its as for severd years tit in point or of dividends paid in 1912 with to its credit and since organization it has ham also tile tho distinction orlin of having ving tile the larin lai p est cst total dividend disbursements in tills class among those paying ands bends in 1912 the report comes from high grade cal that the lie big strike on oil tile tho yel low jacket Is soine of the ore essays assays 1400 to tho the ton there Is IB about twenty inches on oil tho anti and six inches on the hanging wall with stratification of quarts beams thio rugh the twelve foot vela nil all the way across during the month of slay may 1912 lite ilia total production of the goldgleid consolidated soli dated company was tons containing or an average or of 1822 per ton of at which 29 tons were milled with nil an average extraction of per cent and 1186 11 SQ tons were shipped of tin an average value of 2826 per ton the net recovery from all ore being 1669 per ton the total net realization to your company as or 1017 1611 per ton on when ill american mining and metallurgical companies can pay dividends totaling it Is indisputable evidence that extraordinary profits can he be made in legitimate mim ing operations by figures available to the mining and engineering world it is ascertained that these cor can po rations lons have been able since their organization to repay their share hold ers era to the extent of their capita tlona nd in hi excess of same to its prestige of having some ol of the greatest mineral deposits in tho the world the largest copper ore tonnage ton nago the greatest undeveloped deposit ol of iron ore now known anywhere with centuries of coal supply tucked away in hi its untouched hills the state ol of utah has added one more important item which Is the largest known deposit of rock aspli asphalt alt tills deposit Is in carbon county about five miles from sunnyside Sunny alde side and it Is the property of the ill alt t asburg salt lake OIL compa pany ny 1 averaging sixty six blows to 0 o tile tho minute for fifteen minutes the team of page and pickens set a nc new w worlds record today for driving a miners drill into rocklin granite their dis tance was 45 7 16 inches four inches better than that of lundquist lundouist and dalileo of victor colo their nearest competitors porter and goddard ol of oatman ariz were third with 38 7 11 inches two lots of first class ore tire are bei ba ing disposed lis posed of in the salt lake market by the isih ill consolidated company one lot bringing in net per ton the other 35 not net the first ore averaging ounces gold 48 ounces silver 2 per cent copper 13 15 per cent lead and 9 per cent iron the he second averaging avci aging ounces gold ia 32 ounces silver 5 per cent copper 10 per cent lead and 20 0 per cent iron when three carloads of mining ma ins manery lil nery were pulled out of the cast a lay or two ago the last hit bit of equipment purchased by lie he magma copper owners of arizona to put their prop ert in an ideal position for foi tore dore loument lop ment and production was waa on tho tha way vay to the mine and it if the management has the good luck that it deserves and anticipates the magnia magma will have everything installed and in readiness for operation within thirty day direce Dire ors of the tintic gintic Stand standard artl company have levied this week assessment no 7 of half a cent a L share the delinquent day is ia set for kugust august 10 sale day is september 10 AS there are shout about shares outstanding this levy will bring in ap proximately this amount to la being raised in order to continue tha present plans of 0 development it was six months ago that assessment no 6 for a like amount was levied S scott of seattle one of the officials of the bradshaw company compari ot of beaver county was in salt lake sat with good news for ills his shareholders this was that some splendid copper values are being found in connection with the iron and this discovery promises important results for the organization mr scott is highly over the mine and the tha butiro county and Is confident that beaver county will make a splendid record during the present season |