Show MINES AND MINING another nevada hills bonanza i reported to have been opened in the camp of fairview nevada the latest e ia in the fairview mizpah ore having been encountered in stanley basin in idaho the great dredge Is being operated with success while a strong company is installing a cable dredge which will be ready for work before the flies this fall at the beginning of september there were about pounds of unsold copper refined and realy rea ly for consumption as against about pounds at the end of eastern investors in copper prop artles are rather backward in invest ing these das but it is thought the scale is only temporary and copper investments will soon be bad to nor mal oil horn the utah oil fields irom the well on the virgin river oil development company s property tile first well suni and the only one thus tar in the virgin liver country is now being burned in salt lake city the regular quarterly dividend of the horn silver mining company of 5 cents a share or 20 was paid on the first day of the i resent month and the property is producing at a clip that insures for a long time come it will take money and plenty ot it patience and time to mal e the copper deposits of sou thein alaska to the front with big profits but it is the opinion of experts that there is plenty of copper in alasi a and t bat it Is very rich j the various companies in the vir gen oil field of utah have agreed to post a sufficient amount of money to construct an automobile road from lund direct to the heair of the oil field this will enable an easy access to the center of interest copper la having a sinister in flu ence on the stock marl et because a noteworthy fortion of the recent speculative debauch tool the term 01 gambling in copper mining shares we are no v having the reaction sa s the mining and scientific press one of the richest strikes in the his tory of nevada has just been made about forty miles west of tuscarora leaf gou some of which is larger than a five dallai gold i bece and from one eighth to one sixteenth of an inch thick is plentiful and some of the samples snow values of 00 to the ton thu ty two carloads of ore from the nevada hills company s properties are now strung out between the smelters of salt lake valley and the railroad loading station at fallen 1 ev ore according to estimates au worth approximately 3 carload or practically for the rock now in transit the bottom of the beacon shaft the beaver county utah property of the commonwealth copper company Is all in ore there is a 15 inch streak in the same that averages 38 cents gold 14 3 ounces silver 16 9 per cent copper and aa per cent iron to the ton the beacon shaft is down only ninety feet uranium one of the rare metals used in the manufacture of steel may become one of ing metals as down in kane county Is a deposit of uranium that from surface indications promises to be a big thing the property is miles south of marysvale Marys vale and the owners have a foice of men at worl despite the depression depies sion of the copper market which has caused several of the smaller companies in nevada to suspend development work owing to the uneasiness of stool solders the larger companies such as the nevada consolidated cumberland ely and gi are going ahead as as the scarcity of labor will permit the cost of producing copper has risen cents or even more in places during the last three ears by reason of the increased cost of serials and the demands of labor in sufficiency of labor scarcity of coke and bad railroad management have all tended to hinder economic operation at the mines and t mine owners and owners of kimn land in ane ely district are indignant over the ac tivit 0 claim ju ap rs who are alleged to have tied up a nimber of local iro pertes on cahiles and propose to form a per manent organization by which they will seccie protection from this class of persons A new je ige has recently been open ed in the albion mine at alta it is a big cross fiss ire is coming through in a southwesterly and north easterly direction from the south co lumbia side and vas missed by some thing like feet in the driving 0 th deep tunnel on the albion and as says twenty ounce silver and in gold the output of tl e minea and leases of goldfield di tact for the week end ing october was 3 tons having an estimated value of 66 thi Is a slight falling off from the pieced ing week but a very cred table show ing when all the facts are taken into consideration i before the snow flies this year it is predicted plans will hae been corn plated for a railroad to the fork utah mining district the dis tact has been one of the real live shippers anis season and new ore bodies aie being brought to sight with startling frequency the mohawk jumbo lease corn pany will pay two dividends d ring this month shii ped more than 1 tons of ore averaging 75 a ton during the last week the ore came froin the and foot levels aej jhb output exceeds that of any other mine in the goldfield di brict it is anno meed that senator george and geoage wingfield of gold neld have purchased 10 acres of land in the argen district and will lay out a townsite this would indi cate that these far seeing and sue nerada mining men ve con in furuie oil fields idaho is coming to the front as i mineral prod icing state this year in a manner that is most gratifying more men are at work moie ore is abing tal en out more new discoveries are being made than eer before in the history of the state and mining uen are consequently fe elina jo oua |