| Show MINES AND MINING the aggregate market value of bos ton s copper shares at yesterday s oc teller 10 low quotations was less than it was nine or ten months ago says the boston journal mining men will do well to keep an eye on the marshall lake section idaho in addition to the richness 01 its ore it is free milling and can be worked cheaply timber and flater tor all purposes nur poses is convenient advices from boston are to the et feet that a prominent copper producer who Is in close touch with the situation says calumet becia Is shipping cop per to europe in large quantities in anticipation of a big buying movement excitement Is running high over a report of the richest strike ever made in the goldfield district the strike was made in the frisco goldfield mine two and a halt miles south ot the city and the ore ts said to assay to the ton W H dark of the nevada hills has another bonanza at round mountain thirty miles north of manhattan the sphinx ft is strictly a gold property and absolutely free milling and a mill Is to be installed at once to manlutac ture gold bricks adds aqua regia or alkaline solutions it can be drawn into fine wire having a tensile strength greater than soft steel tantalum is now employed principally as a filament in an electric incandescent lamp which was put on the american market in 1906 the amalgamated copper company on the declared a quarterly dial bend of 1 per cent as compared with a dividend of 2 per cent tor the last previous ear this ma es the annual dividend rate 4 per cent as compared with 8 per cent the previous year according to advices from goldfield a shoot of rich ore has just been en countered on the third level of the rea top mine in a drift which was started south in the big vein on a seam of good ore samples of the new find resemble the high grade of the mohawk there Is a disposition in certain min ing circles to contest the legality of the law passed by the last legislature regarding the special mine corporation tax it is claimed by companies own ing properties but not now operating the same that their organizations are subjected wrongfully to double taxa alon pessimism on copper both as to the metal and to the different corporation stocks based on that great commodity is apparently on the increase standing that sentiment has ben con tenuously adverse to copper for man months the copper metal marke shows no signs whatever of improve ment the capacity of the mill at round mountain has been than doubled within the last month and the daily run is something like forty tons with a proportionate la gei output in bullion on the toot level a fine body of very rich ore has been opened up which shows tree gold plainly the district to the north of death valley Is to have a railroad the road will run through willow springs wash 0 o sand springs and wll be accessible to all the mines on the south side of gold mountain it will also be within striking distance of tule canyon revenue and the old un cle sam mine during 1907 according to statements emanating from wall street twenty seven railroads have depreciated and twenty three industrials depreciated to the extent of the boston news bureau now states that during the same period forty six copper companies have de predated 00 0 some remarkably rich ore has re bently been discovered in the dead wood basin district of idaho assays showing as high as in gold and silver the veins being large ones specimens of the ore show rich in lead and silver some of it containing al most native lead the claim is 90 miles from boise 40 from and 22 from knox L A friedman the father of the seven troughs district in nevada Is to build a mill of ten or twenty stamps in seven troughs canyon the con of the mill will be with all possible vigor sufficient water or th of such a plant has been developed and the development of ane district will be materially aided upon its completion one of the most important strikes made in the goldfield district during the past six months developed a few days ago on the motor adjoining the gold bar on the east and the hat one of the blue bull company s claims on the west the ore running 60 to the ton one thousand tons of ore averaging per ton is the shipping record of the montgomery shoshone for the month of september this means a valuation of in a single month and if the same shipments are main talked an annual valuation of 1200 the little florence mining corn pany has found the extension of the rich lead beyond the fault line on the toot level adding thereby an ore chute feet in length and feet to the already large wealth of gold blocked out says the goldfield chronicle the independence mine near ketchum Is now connected with hal ley by telephone the line is tour allee long from the mine boarding house to the lane near ketchum and is ot standard quality and has long distance connections it cost about 80 a mile the giroux company whose prop erty is nine miles from ely nevada Is erecting a concentrating mill which will probably be completed about oc tober 1 this mill Is designed to treat tons per twenty tour hours but it is hoped that it will materially exceed that capacity the newhouse well in utah a newly oil fields is being cased off and will soon be in a flowing or pumping condition the keith and kearns people have located over 23 acres and machinery is at oasis now their intention beans to commence active operations at once |
