Show p Y jbf MINES AND MINING the dewey mine and mill has been closed down lor the season only a watchman being left at the noted thunder mountain property the oil excitement at payette is unabated and the pros expect confidently to find not only oil but gas in paying quantities the treasury department on october 28 purchased 00 ounces ot sliver at 60 cents per ounce to be delivered at bew orleans and ounces in san francisco v edwin P ryan who has achieved remarkable results at Guanaj auto mexico was graduated from the lean college ol 01 mines only seven years ago he has introduced the cyanide process in silver reduction the opinion is growing among the people and mining men particularly who have studied the ground that the country welser idaho on the north aa a vast mineral belt recent discoveries strengthening that belief notices posted about the calumet and hecei copper mine works an bounce a reduction of wages on de cember 1 of 12 per cent equal to the increase granted early in the year the reduction at facts 2600 men regardless Regard lesa of atie fact that the big copper companies of ely nevada haie put into effect their policy ot discharging foreign laborers and mak ing this strictly an american camp there Is a general sho tage of first class labor in ely J robinson the indiana and ohio oil field man urges all utah and other operators in the virgin field to whoop things up as he is certain that the awl have a strong and ready market for every of oil they can produce without a wait the production of gold in the united states during 1906 was fine ounces of a value of 91 the silver production amounted to 66 51 fine ounces of a commercial value of 38 the product loa ot these metals for the pieced mg year was gold and silver that the usual dividends of the may day and uncle sam consolidated companies will be posted this month was the portice por tive assertion of the man argement of both corporations last week both properties are shipping regularly and both hae treasuries that can meet the payments without feeling it at all the mines and leases of goldfield have added 10 in gold to the wealth of the world during the year ending october 1 and have paid in profits and dividends 4 the production includes the richest single carload of ore ever shipped a mine this shipment brought on the market the smelters of the salt lake 1 ley hereafter will be forced to do all their own switching if the order pro mul gated last week by the railroad companies should stand the corn canles are of the opinion that when they have delivered the cars into the smelter yards they have done all that could be demanded them secretary taft rode to the amen can mine east of baculo P I 1 one day last week over a precipitous mountain trail which drops 2 feet within a distance of tour miles he inspected the clarl e mine and mill and the laffan alb addressing the american miners he said he hoped to secure needful reforms in the mining laws the directors of the united states steel corporation lat week declared the regular quarterly dividends of 1 per cent on the preferred stock and one halt of 1 per cent on the corn mon the earnings for the three months ended september 30 were 43 an increase of 5 as compared with the same quarter last year the news comes from cananda cananea mexico that the greene cananda cananea copper company has determined upon a complete shutdown af its mines concentrator and melted at cananda cananea this action will mean the closing down of all but one or t vo others ot the fourteen operating properties in that district over 3 men will be thrown out of employment it Is considered lakel that in view of the present adverse money market conditions that a reduction may be made in the next quarterly quai terly dividend of butte coalition although the corn pany has enough money in it treas ury to mal e the pai ment recent buying of the stock 1 as been for strong account and the books show the shares more widely scattered than ever before th report that the nevada condoll dated copper mine has closed down Is officially denied it Is etui in full op the development work how ever has been op tar advanced it is stated officially that there Is no 25 tons of ore in sight ready to be mined the shaft Is cimpl te and the mine Is ready to ship ore to its concentrating plant as soon as the plants are ready fifty men are employed at the lin coin mine at pearl idaho and ship ments of concentrates to salt ake smelters are constantly being made none of the ore Is treated at the mine other than to crush and pan it over the welfley tables the shaft Is down feet and the principal workings are on that level nevada is making an effort to secure the next session cf the ameri can mining congress and at joplin in the coming annual meeting of the congress the sagebrush state will have plenty of representatives on hand to urge forward iMe vadas claim to the honor some very rich finds are being made at cherry creek nevada and work Is steadily progressing in the mines al though little Is being said about it outside the richness of the ore jus tines the claim of this camp that it Is the richest gold district in white pine county the amount of coinage executed at the mints of the united states during sei 1907 was 12 oba as follows gold do ible eagles 10 balver minor coins this is exclusive ot 4 executed for the philippine government |