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Show THE HERALD-REPUBLICA- SALT LAKE CITY, UTAH, SUNDAY, AUGUST 20, 1916. N, RISING METAL PRICES POINT TO GREATER MINE PROSPERIT Y PARK CITY MINES . MARE BINGHAM AMALGAMATED CONTROL IS BEING INCREASING ACTIVITIES; SOUGHT BY SECRET SYN DICATE WHICH IS NOW FROM VARIOUS SOURCES Within the next week It Is expected It has been rumored for some time that the work of finking the shaft at that a strong- crowd has been eu the Keystone "will be commenced and trying to secure control of the work prospcutd with three shifts, BIngharn Amalgamated property. It Is to word from Park City. It declared that within the past few Is cnly a question of Kitting to the ore month that not less than 40,000 shares the stock have been quietly picked ft a large body Is known to exist at of on the local exchange, and that this depth, and It Is onl y a matter of a few up but a part of the shares represents months nt the outside before the been secured by thla syndi-cata- e which have list. For will ho In, the on the outside. During: the been the past thrpe month, on tho prlc of the stock arosepast slow at this property be- s' week rather moving the local exchange to 15 cents. This cause of the nature of the work of was the highest point It had attained up new buildings. Installing new in the past eight years. Some have tc. electric wires, machinery, stringing that bin Boston people have the the hinted Tills work Is all finished, and nowcomin view. property will work of development active A Salt Lake operator in close touch mence. with the situation says that until reat the Red'n Peak cently Supt. Dave Scott favorable. the control of this big Bingham Strcak3 ptopertv conditions reports In the hands of half a of iron are comlnr In the face of the doaen men.wasWhether have lately Is the general impression tunnel, and he Is not aware. their hold, they near. Wednesday relinquished tho ore body that He II. were F. Dr. E. says they Grant, Tilifht a meeting of the directors was S. Wright. V. S. Snow, Sharp. nt which W. D. Iwl.i tendered his Louis MarksJohn and W. i. Davis. Four as president,ht-- nr.d FrTt resignation of these men nre said to hold 40 per successor. It. cent was J as the outstanding stock and the T. Kimball was also named as Mr. six toofhold 60 per cent. 3. wis" successor on the executive The Bingham Amalgamated butts up Mr. Andrews. If. Welsh and with valuable In view of thes phenomenal success of that mine. now A few years ago the Montana-Blng-har- n company was formed and has driven a tunnel 404 feet, the last thousand feet or so being In the west side of the Amalgamated. A great body of low grade sulphide ore has been showNear the ing: most of the distance. face fissures of hlKher grade have been cut. Near the portal leasers have some fair shipped back of the face A short distancegrade. the Congor people, figuring that It has the atex of these veins, has been doing extensive work lately. It made arrangements with the Amalgamated to prospect this block of vigorously to establish the fact whether or ground It holds the apex rights. Thla work more than 600 now consists of a raise feet and a drift out to the south about 400 feet from the tunnel level. This work is at a depth of about 1S00 feet on the dip of the formation. The Congor has an Incline down 600 feet above, and connection with, this will no doubt be made in time. New power machinery has lately been installed in the big tunnel by the Congor. and this work is being pushed. It has the raise, and bad ore all the way In up the some good showings south drift also. Shipments have been made. The considerable ore shipping Congor is its now Incline workings. Over from on the Iurk side tho Amalgamated leasers ate opening some rich ore In an old tunnel. - rrep-tltlous- ly ac-eordl- nsr Key-fJo- ne pro-luring- thing-"-hav- e put-tin- 1 An-dre- ws f ri.-ini- com-mit- te Mackintosh of the Three. ,fretary nt the property this week w;is lln? end with ev ry visit th- - more confident lie Is th.it this propTtv Is (ToitiK tocon-be a mine. S'.:pt. Ketr.p Is Just as fident rv are nil wi n visit tho property. Conditions are better today than ever before. h t Ontario Foreman Frank At Is doing "pler.did work In nifhm,in and is keeping f.io wav vt development t;r a steady r ro lu t Ion of or and Is fettinar the old reliable" back to its former irfatn.'.'. President Iev, is and Di re ct or Spr ggs o vr at the Daly Judge Extension wre nd found conditions sat Is factory The new hoist recently Installed Is doing The new nhaft Is downIs good work. feet about ninety and In the bottom some lively looking ro.-- whl-- h carries lead and silver values work at the Thrift nien are now at i ex. Develop."opt ment on the Incline In the rtn.lio.lv of rr. Some is opening i:p a tori are air, ady on the dump, and rtxtybodv the Increasing in size as depth Is obtained. Several local mining men visited th- property of late, nnd bare nil are of the opinion that a mine has found. ben conditions Supf. I'.. I Talbotns rrf nrt.i fiat Is factory with at the :.ily West conditions better than underground The been for a long tlro. they have t lan any for July was big-output time flnfrt the hig fire. Quincy are Reports from the New this wek. New-ordecidedly bodies hive If" n uncovered, and those who have visited the property is going to open that development tip a big bo nan, .a. the possessions of the adjacent to Mines company In a Bingham manner that one story Is thatsuch these cast n covetous people a.have upon It time in the past eye many year. The property embraces a blsr block of the copper sulphide oro which has made Ftah Copper famous. In fact It adjoins the biff shovel mine. This of itself . Je Is considered extremely world-famou- 28 FEET IN SHIPPING ORE; - I - er e de-ria- JARBIOGE HAS re 200 ' MPRDVES IN SUMP From Jarbrldge, Ne v., a correspond-on ent writes that the camp is of putting showing every day more more men areactivity end prosperity, being to work en the different mines ptt every day. and there are now alout at wor'i on pay rolls of the district, which is considerably more men than have been at work at nny other tine for over four yeari. This number of employed means the distribution of considerable money every month and who have gives a sn chance for tothose out and do the camp claims get rome real . prospect n g work on their In already resultednew claim, which ofhasseveral good very the discovery showing'' of" ore and it is expected that there will be many more before the reason is passed. The. latest strike has been found cn on the ridge just jrround of situated gub h and about 1000 rortheast C.nrce of the river. This discovery feet y Mr. Martin on ground be"v i is made Bennett. A to Harrington longing and some fine vein I: is l. eri opened good am.d.s of free trobl erevery liav'e been exhibited frotn It. The rufn t he Tier Mrik urprise claim conin very promising tin1!- - to b n. endit Considerable work is being done on head of the rivor the il.iun.s ;. to the t f s nre pro nnd si vera! claims n r in the upper 'r iter fc- tiori anil trie he. til of the Fast r.ro-:riC'ongar Work in the shaft "ii the .larbidge in Central upper claim tocontinuing vhow value?. the vein and nttn;,i ein at a depth 1 he tunnel to vut hi li feet of 2i fet is now !n about as as fuvo-ahl- y nnd progressing cr.ubl cxpe led in the h.ird rock vein. the west waU of t! which On the Success work i? progressing orj all f'ur steadily tunnelthe contracts Mr. Mu.r has work cf the In the IMuster talnc Started 2 ! - ; i ? pec-Ju- g F-rd- d iii"-:nt.i:n- . . t b- I n Report on Pottery The geological survey. department naibHe f,,r cf the in'erior. now has .statement on distribution Its annual the value t'otterv in l?r.. which Khs in of all dopiest!'- pottery r.iarketi a: Increase of more 3Mr as f than 5 per nnt ever that fyT 1014. - ! ST.:'.2.i.-"5Ss- Boston Curb The following quotations were reived over liadger p.ros.' private w Mines Flv p.ton Cor. Chief When the double compartment workur to 28 cents yesterday, Copper soldadvices over Badger Bros, to & according of shnft Bell the F.agle Rlue at ing wire from New York. Spelter, private Tinttc recently reached the lS75-fowas higher and a stronger delevel In Its attempt to sink- through too, mand In sight. According to another market the bi;r. new ore body encountered nt New York source, the copper on forhas shown continued firmness the HCJ-folevel, the values showed eign and domestic buying. Offerings a disposition to peter out and It was of electrolytic, for delivery nfter the (decided to cut the station there. In fir.t of the year r.re reported from some litbut comparatively the progress of this station cutting the sources at S26.O0. delivnear-b- y for offered is tle copper came in to when it pas! week, putting the quotations named by the a r t2!-foo- t sump beneath, again the ery andagencies today ranged from were values encountered. This larger good J26.."o to $27 for deliveries up to Jan."hows a vertical depth of sixty-thre- e feet fo far on ore. However, the sta- uary 1. Iron was unchanged. tion was so far along that it was decided to finish it up. although the desire was to cut it In the permanent wall IANET COPPER CROSSCUT formation instead of in this looser i ot - ot 1 stuff. b neral Manager Imer Pett said la that ineverything along a few days moving the nicelyof and new ore body will prospectbe taken the ing The ore coming from up In earnest. the shaft discovery ranges from 15 to lf per cent lead and from twelve to twenty ounces silver. One lot showed per cent lead and twelve ounces silver: another 40 per cent lead and ounces stiver, while a third twenty showed values of 15 per cent lead and fifteen ounces silver. It so resembles the ore In the ndjacent workings that Mr. Fett la of the opinion that it will prove to be an extension. .fust how deep the ore hody will extend is a matter of conjecture at this r.tage. Judging from the water table in adjacent mines, where greater depth ha been attained. Mr. Pett Is of the that tills Interfering agency opinion will not be net In the Kagle short of level. the 200 to 2075-fony ot KING WILLIAM WILL REORGANIZE DIRECTLY . ..... Nevada Douglas Ohio Copper .... F ut h Ftah ". V. Fxter.sion . I'tnh Metals .... X ! : General Manager William 0N11 and Vice President F. B. Hammond oL the Janet Milling company Copper Mining were In Salt Dake yesterday on their wav to Helper, where they will attend a directors' meeting of the company. Thnt Is the present headquarters. The latest reports from the bis copper property out in the extreme norththe state are that the eastern corner of new adit is In 135 feet. It is expected g to reach the vein for which It Is in a short time. Two shifts are the work. The mountain is pushing so precipitous at that point that a 205 feet will be secured on the depthof of the vein, which Is pitching from dip the tunnel. A force of seven mene Is now working. The vein Is twenty-fivfeet wide In the outcrop and samples 22.5 per cent copper. cross-cuttin- mm Recently themillrepresentative of an eastern paper given permis sion to Inspect the Wyoming properties of the Midwest Sulphur company. He was accompanied by an engineer. After a careful made an the mine which offer for theagent unsolicitedinspection figures out at the rate of 3 J cents to the Issued shares. The present capacity of the Midwest Is about 300 ton a month, or near 4000 tons a year, of O'J 1 This paper per cent pure sulphur. company requirements are 4500 tons a year, which makes tho prestnt almost equal to what is wanted inplant the way of a sulphur manufactory. However, the Midwest officials figured that if the Wyoming mine is Isorth that to one company, with still ncreased cais contemplated for the pacity, which future. It is worth more than that to the present owners. This flattering offer gave considerable satisfaction to the local officials who took up this company, financed it and now see it turning- profits into the treasury. A few days ago the officials also secured a marked reduction in the rates to til" I aclfic, which will freight also add to th. earnings over and above the first calculations. - Walker Mining Mill Started Up Yesterday - WILL BUY Walker Pros. Bank..., . .1218.00 Utah State National.., .. 213.00 WILL SELL I 19.75 Sugar 108.00 Wagon .62 Itettilyon &. Home Builders 86.60 i'armen Stockgrowera" o . riAlJGFIl mtOTIICRS, St. Merger Spearhead sil. Pick Vernal . 07 0.' . .11 Yellow Tiger Oro Sandptorm Pioneer Hochester Man. Con White Cap Con, Va Hale & X. .12 03 .02 01 to an official of the . capacity ore is now to the shipped International being at Tooele, which smelter took over control, securing recently630.000 about shares out of the 1,250,000 issued. The mill .ore is said to aver3 to 6 pe cent age from while the shipping ore ranges copper, from 7 to 12 per cent. 57 20 12 Mexican .23 22 Savage Sierra Nevada Fribm 07 .81 30 .72 .05 .05 70 Cash Boy Otpsv Queen .04 .04 84 .1 Jim Butler Ildvny .F.x Mon. ............... or, ...... P, ID Miznah Rx .20 McNamara . ............ .06 .02 15 North Star Hescue Fula .27 Ton. Fxt. ............... ...... 5.75 01 .02 Fmatllla . 1 West F,nd Pitts. S. Peak Nevada Hills Bound Mountain Big Jim I .! j .75 .17 .41 .S2 re-reiv- 07 ) I ...... .83 ed Shares! HiglTTlV) w. rinse. 200 2.00 2.00 2 . 00 700 2.00 2.00 2.00 20 IIS. 00 13.00 13.00 15'23.25 23.00 23.00 1.200! .03 .07 .09 1S5! S.37J S.00 8.00 1 1 tc. 644n31 .75 M 300 1.62 l.SCii 1.661 I Chief Cons. 07 .16 ophir Boston Range The following quotations were over Badger Pros.' private wire: 04 03 "Walk- er According" Mining company the new mill will be started up yesterday at the propIn Plumas county. The plant has erty a of 100 tons. The first-clas- s Davis Daly Fast Butte .04 N. Butte . 04 Ohio .6o4 Utah Oopp Mets. 01 U. V. Fx. . .21 Jer. Verde .13 0 SULPHUR HAD HANDSOME CASH OFFER ! 94&-91- 7. ICO S. 3lBln NEARING THE BIG VEIN 5az Francisco Quotations ! Phono W. Mala St. Menibm .nlt Lake Slock and Mining Ficlujngr. & !"C. I 1C0 E00 ui i BROKERS Cc-n- i ( BADGER BROTHERS tTtah-Idah- o.-- l 1 ,tocka. Bonds, Cotton, Grain. 300 10 -- The following were rec eived over P. a d gerquotatlo Pros.' wire: private . i Hid. Ak " TudTj Ask. ... . '. I'O "in1 . r.o .eu Atlanta .11 io 2. ' 12 -' . os J .13 P'oth 1 1 . 0 ... . J Blue Bull 02 .03 . 1.7". i 1 . 7J '. O. D .02 .04 1 . ."0 ' . r,rt Com. I r 06 .07 I .."t Dalsv .03 .. . .02 .03 1.12 5 l."71 Dia B. B .1 Florence Si .63 ' .7 to Con. .20 t;ollf. . . . . '31 . f0 fn; . (a 03 treat bend .04 02 3.00 Grandma .03 4S .Jumbo Fx. .43 02 I.one Star .03 DIRECT PRIVATE V7IRE3. 10 Oeueral Manager C. TL Ulanchard of the King William Mining company said that conditions are so shapyesterday themselves that he expects to efing fect the promised reorera n Izatlon of tho the company s;"n after September IS. time limit of the redemption of the the agreed sale. The property under is to give the old stockproposition holders share for share, the only a small assessment to the existing Indebtedness. tike care ofbeing That amounts to only a few thousand dollars, which probably half a cent would cover. Mr. Hlarchard said yesterday: "'The time is fast when if w ill be possible to approaching reorganize a new pay tha debts, the expenses company, f the late suit, and start anew on a more- fa.orablo basis. The officers of on;p-w.v will issue a statement the which be will mailed to each of the -- t holders of record In the King William company, before them of a r.etv Incorthe proposed nameplacing the capitalization, par value, poration, and. uon surrender of the. certificates of stock in the old. to receive eertifi- t e s a In the new concern upon payment suffl-su' f e ra n nssessnicnt of a small but t to pay the debts and leave n tre. isucredit for current expenses, te developments in neighboring eS have proven favorable to the In embraced the ground King William holding". ! is Palv I "agio A-- H. H. Ma on Valley Ms lestic. ., 10 SPELTER GOES UP . I I -- news. "With this state of things f 1 New York Curb. The following quotations were over Badger Bros.' private wire: re-cetv- I Alt a Con Big Cott Coppermines . . Emma Copper Con Fly Iron Blossom . . Midvale Steel Magna liny Hercules .. Stewart . Tonopah Kxt. Mining . . Tonopah Fnited Fastern Wasatch Bid. .20 I I 04 ed Ask. .30" .06 2.00 1.15 .rs i .61 .03 .07 . 1.43JI 1.56J . 63.00 163.25 .(14.50 15.50 3.871 4.00 . . 1 S3 .25 . 6.50 6.00 . 5.6SJI 5.81J . 3.6S3' 3.S14 .50 .60 . I I I I I show- ing all through the market the deduction of good, lively trading in the near future is considered conservative. Sales vesterday totaled 54,700 shares valued at $10,603.50. The official closand sales were reported ing quotations as follows: Bid. Star .. ....... Antelope Consolidated Alta .05 .21 .01 .101 .12 .081 .05 . Alta Tunnel Alta Germania Bullion Boley Big Four Kxploratlon . Bingham Black JackAmalgamated Big Cottonwood Bannock Gold Beaver Copper Bay state Beavern Fake Met. .... .. ... Columbus Fxtenslon .. Colorado Consolidated Crown Point Cardiff . . . Croff Cottonwood King ...... Cottonwood Atlantis ... Cottonwood Metis .. . Century .40 .021 .99 .12 . .031 1.274 .02 .03J .01 .061 .16 .151 .03 Cedar-Talisma- yes-tcrd- MEN ON THE PAY ROLLS I CENTS A POUND; r-.- V er ered In very good technical position, with strong Inclinations to advances. It Is said it would require but a little genuine support to "start things." The stocks of many of the producers and the meritorious prospective mines continue to hold themselves In a most receptive disposition toward favorable American Con. Copper COPPER ADVANCES TO EAGLE'S SHAFT 63 . Iowa-Copp- distinctive features, although the market winding up the week was consid- Alta Tiger Albion I Jowa-Oppfi'- -' of the week were New Quincy advancing- to 23 cents, "Walker Mining to $1.25 and Sells tobogannlng to 10 cents. In the trading yesterday there were no Daly e Daly-Judg- , Dragon e Extension Fmpire Copper Fastern Prince Blue Bell Fagle Fmerald Fmma Copper e Daly-Judg- Farl-Fagl- Fast Crown Fast Tlntlc .02 !07 .04 .80 7.75 .26 . .. .. To-in-t Con 7.50 .03J Gold Chain Grand Central .. Great "Western Howell Home Run Iron Blossom .. . . Indian Queen .. .... ... .... ...... Iron King Keystone King William David King Tlntlc Iehl Leonora Bower Mammoth Midwest Sulphur Monetalre Mammoth Miller Hill May Day Mineral Flat Moscc-Mammoth Copper Michigan-Uta- h New Quincy Naildrlver Nevada Hills O. K. Silver Opohongo Original Bannock Park City MTnes Plutus Prince Consolidated .. . Paloma Paloma Extension .. .. Provo Blco Argentine Beeds Peak Blco Consolidated .. . Rico Wellington Rexall Rochester Mines Sells Syndicate . Sparta Seven Troughs Silver King Coaln. ..... Sliver King Con Sioux Consolidated .. Swansea Con. South Hecla Silver Shield South Hecla Extension Chief Santaquin Silver Tungsten Swansea Extension .. . Silver Keystone Secret Texan .... Tar Baby Tlntlc Central Tintnc Standard .. . Fncle Sam Utah Consolidated .. Fnlon Chief Victor Consolidated Whirlwind Wilbert West Toledo Walker Vankee Consolidated ...... . i '. 66 ' .01 1.65 .05 .67 .27 .01 .20 .65 .091 .21 .Olj 1.52 .01 .Oli Ask. .osj .02J .06 .17 .161 .04 i.OO .05 .024 .06 .071 .281 .10 .25 .014 1.00 .221 .60 .35 .00J .014 .24 .70 .13 .23 .02 .55 .02 .61 .001 .12 .00J --.01 .04 .38 .201 .191 .10 .18 .55 .014 .36 .22 .201 .15 ' .25 .66 .011 .60 .85 .17 .521 .06 .10 .014 .061 .14 .56 .291 .12 .65 .051 .111 .54 .28 .10 .64 .101 .221 .031 2.90 ".'09 i57J .15 .11 U .65 .16 .101 .06 iio" U .01 .26 3 . 35) .10 .02 . 05 !62i .031 .04 .074 .054 NORTHERN NEVADA 1ISI ON METALS STRIKE AT THE MINE General Manager Walter Fitch of the Chief Consolidated was in Salt Lake yesterday. He says that things are moving smoothly at the big Tlntic mine, which today is producing at the rate of about 1500 tons a week. The new work In the north end, where the Chief has secured an extensive acreage, is making rapid progress, but Mr. Fitch says It has Just got started. He Is optimistic on the metal situation. Relative to some of the details at the mine, the camp paper says that animother new strike of considerable 1200 portance has been made on the level of the Chief Consolidated mine, Cecil to Superintendent according Fitch. This 13 the most important find since tho opening of the large ore deposit on the 1800 level of the property. The 1200 strike Is fully 300 feet away from the other ore bodies of the mine and this fact adds greatly to the importance of the discovery because it brings virgin ground into the productive stage. Mr. Fitch states that after drifting the ore deposit for about through feet stoping operations were twenty taken up and that the ore body has all the appearances of permanency. The ore as It Is now being broken down for shipment will carry lead and silver to bring between $35 and $40 enough per ton. Notwithstanding1 the fac that the. Chief Consolidated mine is tho heaviest producer of the district, the ore reserves are being Increased rather than diminished. The reason for this is the company's progressive policy NoIn the of development matter work. other mlno in Tintic is spending such a amount of money for l?rge and yet the record of the prospecting year or two shows that every centpast of this money has been spent to good advantage and that ft ais only by extensive that prospectin mining enterprise can be made permanent. Down on the 1S00 level of the Chief Consolidated mine there is one of the largest ore bodies that has ever been opened In thea property, which is now good part of the mine's contributing output. The 1800 ore body is a recent discovery and work which has already been done shows that this ore extends far above the 1800 and that it also this point. A short distance goes below1800 below the level water was encountered in the Chief and no effort has teen made to follow the ore below that point. At some later latet however, the company will no doubt map out some below the permaplan for nent wateroperating level. R CO ARGENT NE SOON READY TO GET COPPER .10 .22 .061 .04 .20 .06 .02 .06 .044 .06 .08 President Charles Read of the said that two exmachinistsyesterday from Salt Lake are pert now at Rico the Innew compressor stallation of thesuperintending exand other machinery. ' It is theplant work pectation toinget the rapid power a short time now. under way After having passed through the ore the next will be the Rico-Argenti- lead-silv- ne er shoot, copper shoot, which proved big in the .00! old upper workings, which are said to 1.071 1.12J have yielded fortunes in early days. .17 " The water came in and the work '.05' stopped. .03 Now the Utah people are runand prove ning deep tunnels to unwater YESTERDAY'S; SALES. these shoots at about 325 feet greater Walker Albion at $1.10. OPEN" BOARD. 200 500 at 101c Cedar Talisman at 61c Cottonwood Metals 1000 at 7Jc Columbus Fxtenslon 1200 at 16c. Colorado 200 at 16c. s. 200 at 28c. Dragon Con. Howell 500 at 21c; 500 at 22c Home Run 2000 at 14c. Iron Blossom 100 at $1.55. Leonora 600 at lc. at 10c. Day 830 100 May O. K. Silver at 55c; 300 at 54c; 500 at 53c: 600 at 52c; 400 at 51c. Prince Con. 300 at $1.60. Rico Argentine 300 at 61c; 1000 at 5Jc. Rexall 500 at lie. Sells C500 at 101c South Hecla Extension 1000 at 11c. South Hecla500 250 at $1,571. at 6c. Tar Baby Union Chief 2000 at 3c. West Toledo 500 at 5Jc Walker 600 at $1.10. Shares sold, 54,700. Selling value, $10,503.50. Week's totals: Shares sold, 461,542. Selllne value. $92,773.87. 500 -- speed. 6 to SH NAT ONA P NG AMERICAN FORK CANYON Ten properties are now active in the Silver Lake section, and American Fork district is showing more activity today than ever before in Its history, pays the Citizen. A. Holman and A. E. Holman of Pleasant Grove, II. M. Olmstead L.and Ernest Woolley of Salt Lake and ac-A. Olmstead of Lehi have recently quired some fine ground east of the Milkmaid and have opened a fine vein of molybdenum which they expect to develop in the near future, as soon as have perfected the organization they of a corporation for this purpose. The Gold Hill, north of Silver Lake and next the Earl Eagle, has five men under .the supervision of Theodore Nicholes pushing two tunnels into the mountain. No. 1 tunnel is on an east-wetofissure In the lime, ward a quartzite contact. Itdipping is now in forty feet and is showing some ore, which is improving 2 is in with every shift. Tunnel No. feet and is being run to cut the thirty lime quartzite contact that shows good ore on the surface. The property has mineral showings in six different places in foura different fissures. The tunnel that will company has cut these fissures at depth. Miners are working in the Ftta May mine, lying north of the Milkmaid, and it is ore. reported they are getting some fine II. Ws Owens and son are working two properties, one on the North Star and the other one lying to the southwest on the Wasatch range fissure, under the Silver Lake. They are taking out some good looking rock in the latter property and are expecting to strike a body any day. e The has run its drift seventy feet into the lime bedding the main tunnel, since beaway from over taken the new manageing ment. The ore isbyImproving and Manager Theodore Nicholes hopes tc encounter a good body soon. The Stewart-Merceunder the supervision of Ammon Mercer, continues to plug away without making much noise, but tho "molybdenum strike, reported there three weeks ago, continues to improve and a body is being opened up that may soon make a mill profit-ahlThe Silver Flat, being worked by Clyde Tarker and Sam Huggard, Is fola contact to get lowing Tho under a showing on the surface. e owners say that there is a running under this depression and they hope to get ore when this point Is reached. Knowing ones say that the next shipper to be opened up will be the Wasatch Range, on which athree-foodeep tunnel is t beinsf driven to cut a vein of shipping ore showing nearer the surface. The men are due to cut this fissure any shot and when it is cut the men who are working under lease say it will be a- shipper. st silver-lead-copp- 50-fo- er ot Alpine-Empir- Oen-erv- il .27 .13 .001 .03 Alta Con. 1000 at 20c; 1500 at 21c Albion 500 at lOJc. Alta Germania 500 at lie. Big Four 400 at 99c. Bay State 3000 at 31c Cottonwood King 4000 at 24c Emma Copper 200 at 58c. Howell 1500 at 22c. Iron Blossom 500 at $1,521; 100 at $1.65. 4p0 at 49c; 600 at 49!c; 400 50c. at Keystone at ic King "William 1000 100 at 21c Michigan-Uta- h New Quincy 500 at 191c; 500 at 20ic 60 days; 500 at 20c, buyer O. K. Silver 700 at 55c. Prince Con. 200 at $1,521; 100 at $1.50. Paloma 300 at 5c Rico Con. 300 at 55c. Rico Wellington 600 at 29c; 1500 at 2S lc Sells 1000 at 101c; 1000 at 11c Tar Baby 1500 at 6c trucks, tons, have made as many as three trips a day. Mr. Thompson said that more trucks will be put on the coming week and is hoped to increase the output from it 100 to 150 tons daily. It is understood that the bins at the mine now contain down the about 400 tons, while those 600, making 1000 on' hand, gulch hold and the mine ready to yield almost any It is said that tonnage called upon. new the contract with the 300 tons transportation company was for dally. The last lot of ore from the Cardiff settled for showed an average of $37.50 a ton in the various metals, which is considered a fair grade of tJie mine's This would make the ore production. in the bins worth $37,500. The daily would be $3500, or at output mere than present $100,000 a month, or at the rate of $1,000,000 a year. Yet during is exthe winer months the tonnage to be much curtailed on account pected of road difficulties. 5 LIVE WITH MINE WORK; 1.65 .01 .40 .20 .051 .031 .191 CHIEF CON. PRESIDENT L-i- .60 .60 .001 .001 .01 .03 .35 !65 .10 .10 .031 .10 .161 1. 50 .051 lars attempted 10 to 12 trailers, pull- much as 50 to 60 tons at a load. ing as the grade of the roads would not but as the heavy loads bunted for stand some of theit, caterpillar the enginestoInto ditch when they attempted check The Packard their pulling ACTIVE GROUPS ENLIVEN ONE SECT ON . Confirming the forecast In these columns in the early part of the past week, the directors of the Cardiff Mining company met yesterday afternoon and declared a dividend of 25 cents a share. This calls for the distribution on September 1, to stock of record Au25, the sum of $125,000. This is gust the Cardiff's third dividend - of this amount, bringing the total tc- date up to $375,000. The first was paid on Oct. 1, 1916; the second on June 1, this year. Ezra Thompson, president and gensaid eral manager, that the Cottonwood of mine in south fork yesterday is In excellent condition. The only trouble is the matter of transportation of the ore. The mine is in physical to put out a barge dally tonnage, shape but at present the movement of ore amounts to only about 100 tons daily. On account of the transportation system not coming up to expectations, the force at the mine has been reduced lately from 14 0 to about 100 men. ore from Teams have been the mine to the new hauling bins at the mouth' of South Fork, where the caterpillars and Packard trucks pick it up and transport it to Murray. The caterpil .061 .211 .02 .11 .13 .09 .06 .08 .00 .13 .10 .031 .50 .021 CASH; M1NESHIPPING MORETHAN SIOO.OQOMONTH OF CLOSE OBSERVERS Transactions on the local mining1 exchange the week just ended totaled 461,542 shares valued at $92,773.87, compared with 411,769 shares valued at The 8102,362.77 the previous week. trading' showed'a disposition to take to the lower-price- d atocks. The features 10 25 CENTS, SI 25,000 REQUIRING DISTRIBUTION OF FOR RISE, IS OPINION PICKING DP STOCK KEYSTONE TO SINK CARDIFF DECLARES DIVIDEND, OF NOW READY depth. Tooele Chief Bone of Contention in Court George Baker has commenced suit in the district court against Louis Phillips h interfor what represents a est, in the Tooele Chief, or 107,00c shares of the capital stock of the company, says the Lehi Banner. Baker alleges that he bargained with Phillips for a fifth interest for $250. He paid ?50 in cash and was to pay the other $200 out of the proceeds when the mine began shipping. An agreement to this effect was signed by both parties. Later, so Baker alleges, Phillips came to him and said that as the property was no good he would pay him back $20, and the other $30 as soon as he was able, but Baker could still retain his Interest In the mine. In the meantime the property was incorporated and as It is about to blossom into a mine Baker wants his interest, which Philwas relinquished when he aclips says the refund of $20. The suit will cepted not affect any other stockholders in the company or the validity of the claims. one-fift- East Hecla Pushing New Crosscut Tunnel -- President John B. Taylor of the East Hecla Mines company is In receipt of a letter from Supt. David IsJ. Cook stating now under new tunnel that theabout feet and that good fiftymade. ground is It is progress t the vein within expected to crosscut being 100 feet. This vein outcrops prominently through this ground which adjoins the South Hecla on the east. A shaft has been sunk on the vein, and opened three to four feet of ore. Director E. J. Broeburg and a party of half a dozen men will go up to Alta tomorrow to inspect the East Hecla. th--- - ,ii.'-x- Peter W. Campbell, one of northern n Nevada's mining scouts, is in from there and brings the word that the entire state is lively with mining these days. The great Naprosperity is operating its tional mine at National mill constantly and shippinglarge amounts of high grade concentrates over the route to Winnemucca. It is also shipping Its rich first class ores. Three outfits accompany the lonely route the shipments through s where hold-upmay be encountered. well-know- 80-mi- le 20-hor- se Mr. and associates are Campbell the Buckskin Mary and the erating Wolverine. The Mary property adthe Buckskin National, four miles joins from the National Mines. A tunnel is in 260 feet. The Buckskin National has mill. It has four feet put In a op- of $60 ore. The Wolverine is located five miles east of Winnemucca. An incline is down 120 feet. There is a vein of $30 ore. The values are in copper, and silver. Two to three cars will gold be shipped, probably beginning next week. The Winnemucca Mountain Milling & erected a company Mining mill on the recently near $125,000 gold property Messrs. Adamson and Winnemucca. Turner are back of this enterprise. r, e. lime-quar- cross-fissur- - BIG HOR the week the work of installDuring a new boiler at the property of ing the Dragon Consolidated Mining company has been in progress, and Assistant General Manager Frank Birch says that the jot1 should be completed within the next week or ten days, says the Eureka Reporter. ConA few weeks ago the a contract solidated company securedDragon for the marketing of a large quantity of iron ore and in order to handle the large production which at present, is from this property the officials coming of the Knight company have found it necessary to increase their boiler caThe boiler to bo used was pacity. taken from the Colorado Consolidated mine, as this property lately has been at a low ebb and the boiler working was not in use. This contract as secured before the smelters gave notice to that the mines would be reduce shipments, and compelled consequently The they are shipping at full capacity. sufother Knight properties, however, fered the reduction. all of the ore coming Practically from the Dragon is iron, although the is shipping a little copper of company a good grade. Last week the Dragon esshipped thirty-nin- e tonscarloads of ore, timated at fifty each, and accordto Manager Birch the daily output ing is about 250 tons. Conditions at the Iron Blossom are about the same a.s usual. This mine is shipping considerable copper which has accumulated during the smelter conthe output is away below gestion, but The company so far has found normal. no market for their silicious ores. F. M. Baker, who is directing work at the New Bullion mine in the north Tintic district, was in Eureka thi3 more week for and to miners. Mr.supplies Baker states get with that an addition of four miners to his present force of eleven men he vlll b? able a car of ore every other day. to Thisship under the property was C.formerly Dick of Salt Lake, management of J. but about four weeks ago he gave Mr. Baker a sublease on the property. The New Bullion was absent from the shipping list last week, on account of not being able to secure teams for ore hauling. At present six teams are the ore to the station hauling at Dpremus, on the Salt loading Lake "Route, a of distance four miles. Mr. Baker now has three cars of ore loaded. Two are a product and the third is a high grade zinc ore. to been has there According reports a fine vein of lead ore opened up in the of the Tintic located property in the eastern end of theCentral, Tintic mining district. This ore was discovered in a drift which the company was driving to develop the ground on the S25 level of the mine. H. T. Holdaway, superintendent of took samples of the ore this property, to the main office of the company at Provo. The extent of this ore will not be known until the ground has been developed. thoroughly "Tintic of todav doesn't look much like the Tintic of 1S72," said James Schuler of Pay son, who was one of the of this section and who is pioneers the oldest resident of the disperhapsnot trict, counting those who are native born Utahns. lead-silv- er Kimberly Shipper to Extend the Main Adit Offices of the Kimberly Shipper Mine changed to the company have been was recompany Reams building. The S. cently reorganized F.asL.follows: W.vice Sumpter, Giesy, president; C. L. Shelley, treasurer; president; C. W. Fleck, secretary, who, with H. the board Gould, composes George of directors. Mr. Shelley and Mr. Sumpter visitedarethesatisfied properties recently, asand to say value they and merits. themselves found conthe They ores all of siderable showing of surface a shipping grade and some of it rich. It is now proposed by the new management to start shipping the surface tunnel to ore and extend the cut the ore chute at 300 feet depth. The tunnel should reach this ore shoot in from sixty to ninety days. SOO-fe- et I GAS WELL SPOUTING MILLIONS DRAGON IS SHIPPING LARGE IRON TONNAGE tz to word from Oreybull, Accordi'ng in reWyo., the large gas well brought comcently inby the Big Horn Oil & Gas the Torchlight district is a big pany producer. It is estimated that the outis 7,000,000 cubic feet per day. This put insures an unlimited supply of gas for Grey bull and Basin. Good progress is being made at' the ei Sypher property southwest Reynolds of town. The big Standard rig is workperfectly, and at the present rate aingwell will soon be brought in. Indications of the presence of oil grows as depth is attained. stronger The Great Western Oil company, that two weeks ago brougiit in a well about on their property on the south side of the Greybull river about four miles from Greybull, are preparing to sink another well on their property, and two. The rig on the well possibly in is removed brought to another recently section of being the land and efforts are being made to procure another rig- that two wells may be driven at once. It is stated that the well on which the discovery of oil in the Greybull field was made is to be opened up, cleaned out and "shot." It 13 said to be one of the deepest wells in the district. It is locate! on the hill southwest of the refinery of the Alford tract. Good progress Is being made at the well of the Greybull Oil & Development company south of the Greybull river. It is expected that the well will be brought in next week. Several good wells have been brought in the locality - recently. PRINCE CON. ORE OUTPUT REDUCED BY WASHOUTS Shipments of ore from the Prince Consolidated of Pioche to Utah smelters the past week were greatly reduced on account of a washout on the branch line. No loaded cars could move from the mine, and no empties were received fo"r two or three days. The total esoutput was thirty-eigor about 1900 timated at fifty tons each, carloads, tons for the week. This is comparer! to seventy with a normal weelc of cars. Tiie road is now sixty open again. Reports from the mill are that there was at first som difficulty experienced with hot bearings, the generator gave some temporary trouble, and a few small things of that nature. However, these are being rapidly cleared up and the mill is expected to be at capacity in a short time. There is said to be no question of the success of the metallurgical end. A. H. Godbe and General President M. C. Godbe have been down Manager over the mill and mine. looking ht Millions in Sand-grav- el "Sand and Gravel" is the latest chapter from the Mineral Resources report for 1915 available for distribution the geological survey, department by of the interior. According to this statement the United States produced short tons of sand and valued at $23,121,617, during thegravel, year. 76.-603,3- 03 I OWN And will sell for $1,000,000 CONCORD GOLD One, of the BEST GOLD MINES in the world, hundreds of feet running $5 to $70 in GOLD. Mills are all needed. Will pay commission. EDWARD EVERETT R0VE Mine & 23 Corporation Attorney South Main St. Salt Lake City. Utah. |