Show 1 v a t MINES AND MINING it Is rumored that provo utah lo 10 to have a mining stock exchange the montgomery shoshone of luico lite nevada increased its output last week to five cars or tons it is the policy ot the management to dinue steady shipments there is a well defined rumor in cir cu lation to the effect that the mason valley copper of nevada has in mind the erection of a smelter for the treatment of its oies the remarkable record for prodoc tion and the wondern il disclosures that have been made in the lost packer company s property at loon creek idaho is stirring things up in that alon of custer county A reduction of 5 a share in the quarterly dividend of ane calumet becia copper mining company was an bounced on the the directors declared a dividend of 16 a share against 20 three months ago every day s development in the am fork utah district maks it more and more apparent that the old district which has received such scant attention for years is going to rani up with the best of them in the near future the recent oil excitement along the virgin river has attracted attention to all parties of utah which Is rich in oil and coal and the escalante section is said to be one of the most richly blessed localities for the touch of up to date talent reports from a recent shipment of 01 e made by the wheeler gold mines company whose properties are in the yerington nevada district show that the shipment was a satisfactory one netting gold to the ton or 4 net for the car the action of the amalgamated corn pany to curtail copper production from 20 to 7 pounds of cop per per month will throw about 5 men out of employment when the mines will again resume at full blast is problematical the alta district twenty five miles northwest of mackay idaho is again coming to the front the ores from there are a copper and lead alon it Is an old district but the peo pie have just come to recognize the fact that it is wonderful productive and are flocking there at a rate it is estimated that there are any where from to pounds of copper stored away in the country awaiting disposition by the producer pio ducer the general production of the present year Is expected to fall very little below last year but there Is not the buying activity that there was last year in the minne baha copper properties in the clifton mining district of utah in the deepest shaft there Is fourteen feet of ore of this there Is three and one halt feet carries 20 per cent cop per 6 to 22 ounces silver and from 1 to 14 in gold per ton there are several carloads of this character of ore on the dumps it Is said that the oil fields on toe san juan river can be traced a dis tance of fifty miles and at one point on the river s bank there Is at least twenty five barrels per day flowing into the water which impregnates the stream and renders the water useless tor culinary purposes tor over a dis tance of three miles while doing some open trenching along the vein system of the columbia wedge property at alta utai an ore vein was found that averages two feet in width tor the distance opened along its strike assays made upon this ore discloses alues as follows silver from to ounces lead 40 to 70 per cent gold 11 per ton the goldfield mining stock exchange and the goldfield stock and exchange board will consolidated committees from each exchange appointed with full power to act have made a anani and favorable report on consoli dation the handsome new stone building of the old exchange will be the future home of the association the directors of the old reliable utah mine the biggest little mine in tile united states last week declared the regular monthly dividend of 3 per cent or 3 W ath this distribution the company will have paid out during the present year 27 cents a share or 27 while the total disbursements on dividend account to date amount to latest advices from the wonder dib brict of nevada are that a rich strike has been made in the shaft of the nevada wonder company s property at a depth of feet while drifting on an ore shoot a cross vein was en countered measuring eighteen inches at the point of intersection the new rock it Is claimed will average 2 to the ton it is probable that a syndicate will soon acquire the aluminum marble and ather deposits owned by local parties bear lehi utah the properties con aln mammoth clay beds which assay 8 per cent aluminum and of whick there are thousands of tons ready for shipment also black maible quarries onyx beds deposits of calcite and a big hematite iron blowout which as says 50 per cent iron and cairies val aes ues in lead saher and gold three gintic tintic mining companies post ed dividends for the september month last week namely the may day grand central and colorado companies the beck tunnel company met expects alons and passed while the colorado company did not increase its rate as the brokerage talent and others pre the surprise mine in american fork canyon utah is making regular shipments to the smelters of high grade carbonate ore which character izes the miller hilll it au stated they have at the least calculation over worth of the precious petal blocked out salt lake operators nave just pur based outright the failous dernback deen back mine at leadville colo the green back mines are equipped with the best operating machinery that money can buy and the property is opened to a vertical depth of 1 feet cairy silver lead and iron M J monette recently secured a lease in the florence at goldfield with two ro ads in 1 drift below the level he opened three teet of rich ore of which ten inches is filled with tree gold ore to tl e value of 8 COO was shipped the second day after the management |