Show J 1 MINES AND MINING the becia mining company whose property is in beaver county utah has just encountered a four toot vein of carbonate cor bonate lead and silver ore the becia Is one of the steady shippers of ore from beaver county the average price of spelter at new fork during the ten beirs ending with was 5 03 equivalent to about 1 st louw but the general trend has been upward because of the in creasing cost of production so extensive has been the demand and the drain tor teams in the oil ex center of southern utah that he utah indian peak company can not secure means of hauling its lead silver ores to the leili oad trad s E men are at the old cumber lind property at osceola nevada and faey are taking out a fine quality of bold a plenty of high grade stuff haa been placed the dump to 1 beep the mill nang for several montha tl e m 11 will be kept working all win tor tho directors of the calumet arizona will meet about the of november to declare the quarterly qu artely div id nd it is belle led the telly rate will be reduced to 3 but a areat deal will depend upon the con dit on of the metal market during next month from aura nevada comes the news of a in a region that has been generally considered as barren ground prof giswold of ane state school of mines of missouri is one of the principal owners the ledge is a wide one and carries an average value of 7 in gold the lost ore shoot in the sandstorm mine at goldfield from which loftus and davis and A H mayne tool three years ago is believed to have been recovered in a lease on tae loftus and davis block by webb park ison and peter erbel four feet of ore has been opened which runs from 60 a ton to 8 the coke manufactured in colorado and utah in amounted to 1 short tons valued at 4 against tons valued at 4 in 1905 the increase in 1906 was therefore 77 tons or per cent in value the average of price ton advanced from 3 02 in 1905 0 o 3 09 in 1906 the sultana company which owns i asplend d lead sliver property about fifteen miles southwest of vernon in thoele tooele county utah in the range sl arting the desert has decided to be gin operations in a systematic way ind make the mines what they ought be heavy producers of fine lead ores while the metals are being sur rounded by strange shadows bringing doubt and uncertainty to the of all there is one class of mining that Is being pressed forward with unusual vigor and that Is the coal mining in austry all of the coal minei are being worked to their full ca lacity daniel guggenheim president of the Sugg exploration company says the present disturbances in the guancial Gnan cial district is due to a state of hysteria on the part of the public brought about by the activity of bear operators and resulting in the dicing of securities at far below their actual value needlessly thoughtlessly and ignorantly john D rockefeller has the follow ing to say regarding the financial sit I 1 think that the existing alarm among investors Is not war ranted and 1 hope the good common sense of the american people will con arol the situation personally I 1 have absolute faith in the future of the val aes ues of our securities and the sound ness of underlying conditions american copper producers are dis posing of some of their surplus production through the london metal ex change selling standard warrants in that market against deliveries of elec tro from america the low price thus far recorded in electrolytic la 12 to the latter being the price for most of ue business busi neso last week it is necessary to go bac a great miny years to find a paralle for the present extreme slump in the s och vs et those who witnessed the panic of 1873 state anat it was not sc prolonged pio longed or severe in the stock mar I 1 et as the present decline although unlike this movement it waa accod by widespread commercial di ater of which there is no evidence p v with a capital stoc i of di vidad into shares of the value of 10 cents each the jessco gold mining company of ogden filed articles of in with the secretary of state ansi the company owns our m ning claims in eberry canyon weber counte the utah standard 0 1 company v it i a capital of 1 shares the pai value of the shares being 1 each and which owns and controls about 2400 acres of patented land bought dl from the state of utah has filed articles of incorporation with the u detary bt state there is at least one company oper abing a copper mine that tears neither price nor conditions surrounding cop per the management having every confidence in the situation adjusting itsell in good time and that is the ne vada douglas copper company of er ington nevada the statement that the salt lake villey smelters are refusing to pay cach for the ores they buy is entirely without on the fact being bat eiery lot of ore received and accepted is being settled for in precisely the same manner that etti ments have been made al the time orders from the eastern head of the boston consolidated corn pany are that the management cut down the working force so as to bring the daily output of he sulphide ores to about to tons corn pany has been sending out in the vi cikity of to 00 tons a day reports from the mine management of the company in the co bait section are that a new vein has been discovered that is three inches wide this vein has been opened up on the surface for thirty feet along its strike and the general average of the ore is 10 ounces to the ton |