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Show THE 10 CITIZEN I?AE OTS OTlISEEflS 'SanNIlN EXECUTIVE POSITIONS WON BY UNIVERSITY OF UTAH ENGINEERS More than 25 per cent of the grad- uates of the school of mines of the University of Utah eventually land in executive positions with local smelters and nearby mines, it was brought out at a joint meeting of the American Institute of Mining and Metallurgical Engineers and the junior section, held recently at the University of Utah. This fact is significant both of the high ranking of students entering the school, and the class of instruction which they receive while there. It is a signal tribute to the institution, and should be an encouragement to citizens to aid in enlarging the facilities of the school to accomodate increased efficiency and more exhaustive research work. It has been said by leading economists in Utah that the continued growth of this state depends upon utilizing more fully the mineral wealth stored in its mountains.' The school of mines and of the department of mining and metallurgical research of the University are equipping the best minds in the commonwealth to take their part in this work. It is to be hoped that more of these young men can be kept here, as future leaders of the state. During the progress of the meet-- ing, Messrs. McKinley and Winder, of the president and junior section, made brief pleas to the engineers and operators present for some clue as to what constitutes the best qualification for constructive work in the industry. Responses were made by G. W. Crane, geologist of the Chief Consolidated Mining Company; J. A. Korden, general manager of the Utah Apex; Wr S. Reid, assistant manager of the Murray plant, American Smelting and Refining Com-- open-mind- ed vice-preside- nt pany; A. B. Young, assistant man-- 1 ager of the International Smelting Company; E. E. Barker, of the Utah Copper Company; and J. M. Bout-,weconsulting engineer. A report on the national convention of Mining and Metallurgical Engineers, held recently in New York, was read by, C. T. Van Winkle, Utah delegate. Dean R. B. Ketchum and Profes' sor R. S. Lewis, of the School of mines, asked tlfe operators to be c of the student, and not to stick him on a muck pile and leu re him there. ll, ITIHIIS (S)1HU Copper has been sold out for nearly four months ahead and the big producers have remained out of the, market but officially have maintained their high prices. It is believed in trade circles, however, that prices generally will find a lower level when leading producers resume. taking large orders. Eureka Lily reports say that 12 feet of ore has been struck on the 1200. The annoucement is of considerable importance as it proves the Eureka Lily ore body at depth. The work is being done through a drift from the North Lily shaft. The East fissure was first 'discovered about 50 feet from the Eureka Lily sideline and after following it for 50 feet the ore was found. The drift is reported still in ore. Lily-Nor- th Working from the 900 foot level of the North Lily shaft the Eureka Bullion property of the Chief Consolidated Mining is said to be near- ing a fault where important discov- eries are looked' for. An agreement has been entered into between the Tintic Standard and the Chief Consolidated to explore 3 claims in the Eureka Lily and one claim in the East Tintic Consolidated properties of the latter mine. The work is to proceed from the number one shaft of the Tintic Standard. It is the intention of the company to run It 2 drifts, one from the the Provo, under Tintic Standard . The Tintic Standard reports a most prosperous year in 1928 showing a profit of $1.20 per share after all expenses were deducted. Dry tons shipped amounted to 123,788 and contained 5243 ounces of gold, ounces of silver, 39,288,568 pounds of lead, 863,572 pounds of copper and 2,478 pounds of bismuth. 3,-051,- 952 ; . n-side- rate it was with the idea of finding whether thege go to depth or not that the new work is being done. If sufficient reserves can be blocked out the American Smelting and Refining Company will build a dotation plant. The mine is 17 miles from St. George and produced about 7,000,000 ounces of silver between 1875 and 1890. A Reno stock broker, Frank M. Maloney, has purchased a seat on the Salt. Lake Stock and Mining Exchange and was elected a member April 16th. The New Quincy Mining Company has decided, through its direc' tors, to pay a dividend of 10 cents The disbursement will a share. amount to about $135,000. It is said this will leave the company about $150,000 in reserve. Shipments average about 125 tons daily, which nets the company about $15 per ton after deducting for mining, smelting and freight. At present the rate of earnings is around $50,000 monthly, according to Manager A. L. Hurley. It has been reported that the East Utah mine at Park City has cut the McHenry fault zone and have exposed three fissures in the main working tunnel. The second fissure showed good sampling values which is considered a good indication since this tunnel is still prospecting the upper beddings. . 1,000-fo- ot level and the other from 1300. is thought that development of control, will also be done. E3EN Drifting started at the Silver Reef Mine after the company had sunk a shaft to a distance of 541 feet. The work is in charge of Manager A. H. Means of the western mining department of the American Smelting and is Refining Company. Cross-cuttin- g liow in progress on the 300 and 460 levels. Large tonnages of low grade ore were left in the old workings and Because of the discovery that the fissure encountered in various levels i3 not the main fissure the Bonanza Mining Company is now centering endeavors on an objective about 70 feet ahead of the present workings. Stock of the Kearsarge Mines Company has been taken from the list of the Salt Lake Stock and Mining Exchange but no reason has been given for the action. It is thought that failure to complete a deal with eastern interests is the most likely cause. Transactions have been completed by the Maple Creek Coal Company and the General Company which releases, the latter from an option to acquire and operate, on a royalty, the property held by the former. The coal mine is at Standardville, Carbon County. It is understood that the deal calls for a Co-operat- ive |