Show MINES AND MINING only six times in the last years in 1883 1884 1891 1893 1891 1 1896 and 1001 mas has the mining industry of america recorded a falling oft off in tho the value of its ita output oro shipments from i park city for the week ending J january 11 in pounds wore as an follows silver king GO daly judge daly west total GO pounds the total production of copper in the united states for 1907 was not far from pounds valued at which la Is equivalent to nearly GO CO per cent of tho the worlds supply in december utah mines aro are credited with a production of pounds of copper as against for november tho the december lead output la is given as aa pounds otte olio hundred and twenty miners miners left salt lake on january 71 to work in the mines of goldfield most of tho the men were nvere miners who had lost I 1 their portion as a result of the cleio down of tto the park olty city mines it if the united states continues to multiply its production of gold at the rate it has la the last seven selven years that Is from to per annum it will not bo be long before the transvaal will have to forfeit first place the yean 1907 will long bo be remembered by the ruining mining industry tor for its six months of unusual prosperity three months of relaxation and three months of surprising depression writes C C erback of the mining world the whole camp of yerington ne vada is rather quiet but practically all the iho large comp companies antei now closed down with the exception of a few men each are ready and equipped for the old time activity as soon ils as the word to start Is given the soddy coat coal company operating mints mines and coke ovens at rathburn burn sixteen miles from chattanooga tenn has closed down the plant and about men are idle the men resisted a proposed reduction in wages amounting to 10 per cent an injunction restraining the mon tana taha mining company limited from mining the compromise strip during the of the suit concerning its possession in which the st louis mining milling company Js Is the plaintiff was granted by judge wll wil liam ham H R hunt of 0 the federal court at helena last week undoubtedly the most profitable branch of the metal mining industry in the united states Is copper judging by the fact that twenty seven ot oi these properties have paid dividend dividen dr amounting to the large total ot of 60 60 for 1007 1907 the average return for the year was about 28 per cent on the outstanding capitalization of bullfrog papers announce that the bullfrog leasing milling company expects to have its twenty flenty alve ton cyan cyaniding iding plant in commission by tho the first of the coming manch this company owns a lease on the bullfrog pioneer group and the officials expect by tho the close of the year to have a plant capable of treating tons of ore per day representatives of the smelter trust have announced that they are now pre prepared to take all goldfield ores offered up tit to in value and pay cash on oil ores running higher they will pay cash and the remainder in forty live five lays days encouraged cou Vou raged by this now ruling of the smelter trust several mines are preparing to start up heretofore the borax supply for the whole country has come out af of death valley in nevada and it was understood that little borax ground was to bo be found elsewhere now harney county oregon has entered the field and it is said has a largo large araa abea aiea of very rich borax deposits and several different companies will begin work in the spring the bullfrog district of neva nevada da Is full of two things one being low grade gold ores the other being rumors of concentrating plants the camp distinctly is a milling camp and it will be only by the installation of mills that stockholders in bullfrog mines will be able to secure a substantial return on their heir investments says the salt lako lake tribune A gratifying feature of the last year has been the payment in dividends of by concerns affiliated with the ruining and metallurgical industries dus tries of the united states since their in incorporation atcon these concerns have declared in dividends the fabulous surn sum of which is equivalent to about 88 per cent on the outstanding capitalization of 1 1 I A now new oil com company priny was organized in utah last iasi weel week under the lamoot tho the juab oil and pipe line company their wells will be at juab station on the line of the salt lake route where all experts who havo have visited tho the country are sure of favorable re suits |