Show MINES AND MINING during the month of november on the salt lake mining exchange 1631 1 shares of stock with a selling val ue of 9 77 changed hands fire in the shattuck arizona mine nt at bisbee arizona has already caused 50 damage and all of the open ings of the shaft have been bulk headed in an endeavor to smother the flames after many vexatious delays the manager of the boston nevada corn com pany has the old whitney mill at osceloa nev in running order and is now grinding out fifteen tons of 0 first class elass gold ore daily recent salt lake advices are to the effect that for the current month the utah copper company will report a refined output of approximately 3 2 pounds secured horn flom the dally daily treatment of tons of ore oa on direct orders from samuel new house the cactus mines aad milling plant of the newhouse mines minos amel tera corporation are to be operated at capacity again and superintendent A D moffat is now marshaling his forces out of three wells in the virgin field that have reached the first stratum all three have struck oil several other wells should have been to this initial straum long aso ago had it not been for misfortune in handling the equipment the production of both gold and silver in arizona in 1906 was in ex cess of that in 1905 according to the statistics collected by the united states geological survey the gold production amounted to 2 an increase of one mining section of idaho that la 12 not riot feeling the present ten dency throughout the country is the spring mountain district of leahl county there are eight producing mines in the district the ores carry ing lead and copper the directors of the goldfield C con on soli dated mines company after ex tended discussion of conditions both local and general voted to pass the dividend for the current month this conclusion was the result mainly of local labor conditions that the new concentrating plant of the ohio copper company when ready tor for commission will illustrate perfection in the modern me gist s art is the opinion of david keith president of the S iver king coalition mines company the value of the coal used in the manufacture of coke in 1906 was 62 compared with 50 in 1905 a considerable difference in value as compared with quantity in 1905 the average value per ton was 1 02 and in 1906 it was in recent months there has been quite a falling off in tl e imports of diamonds produced originally in south africa brazil and elsewhere and sold largely through dealers in great britain holland beig urn um and france reason for the smaller demand may be found in the reaction in business generally the Han mining company which has been developing its prop erty at hannafan Hann apan about eighteen miles east of tonopah for the past five years practically without inter has closed down for lack of funds and the entire force of work men were discharged with three months wages due the iron trade review says with improvement in financial conditions there is a more hopeful feeling in the iron trade and there is also increase ing confidence that when bottom prices have been struck there will be a buying movement of considerable volume but in actual transactions there Is little improvement the curtailment of raw iron prodoc tion which is the first step toward reducing the output of finished iron and steel has started in a sharp and decisive way it began in the last week of october and up to date over fifty furnaces have been blown out reducing the weekly productive ca 03 opacity for pig iron 10 per cent ore and bullion settlements in the salt lake open marl et for the past month as reported by mccomick mccornick E co amounted to 1 1929 as corn com pared with 3 for the month previous the falling off Is due en to the tight money situation and the refusal of smelting companies tc accept the usual tonnage of ore I 1 statistics collected by the united j states geological survey show tha colorado still outranks any other state or territory in the union in eluding alaska in the production 0 the precious metals despite the fac that the gold production of the state in 1906 fell short nearly 2 of that of 1905 the precise figures be ing output 23 decrease 1 A report is current that the oil strike in the cedar city company s well in the virgin river field is full as important as that made in the rhy bitte no I 1 well from which as m ich as barrels have been pumped in day without learning its real ca lacity |