Show AROUND THE MINES drifting from the standard kompany s shaft on the toot foot level s to be inaugurated at once the management anticipates that a rich are body may be encountered at any moment the transmission line connecting jesse knights power plant in santa luin quin canyon with the mires of the lintle district will be completed within the next two weeks accord ing to latest reports the pioche metals mining company has encountered in the bottom of its at the depth of teet feet from the surface a two inch streak ot of ore which gives values of ounces in silver to the ton and 36 per cent lead the sandstorm and kendall wing beld properties of goldfield are to be consolidated each Is owned by a million share corporation and the con eon soli dated company is to be capitalized tor for 2 shares par value 1 a share the san juan oil field in utah cover a territory approximately fifty miles wide by ninety miles in length its total area covering about 4 square miles thus exceeding in ex tent ot of territory any known oil field in the world the round mountain mining corn com pany has declared its seventh regular quarterly dividend of 4 cants per share payable december 20 this payment amounts to 32 and brings the total of profits p id d to stockholders in two 3 sears ears to nl john shatter shaffer and jack williams prospectors arrived in denver a few days ago with the announcement ot of a big gold find in the new goldstone camp near new ew castle colo gold stone Is in the heart of the district where former president roosevelt hunted bear tentative proposals hoohing to the building of a lead stack in connection with the steptoe galley valley smelter near lly have been made to owners ot of lead properties in that region by the si smelter nelter management they want a guarantee of tons of high grade lead ore a day another consolidation of or mining companies in the goldfield district which will result in the further development of hitherto productive ter Is that now being formed hav ing ng tor for its object the merging of the sandstorm mining com company pany and the bendall goldfield mining company announcement Is made by the geo logical survey that a mine rescue sta tion may be established at salt lake under the authorization by congress in the act of july 1908 when was appropriated to make a gei gel eral era study of the causes cause of mine disasters with a view of reducing the number ot of casualties eight distinct oil sands are found along the san juan river in utah showing a thorough saturation and emitting strong odors of petroleum ahe oil sands aggregate over feet in thickness the character of the oil bearing sandrock sand rock and fossil lime stones shows considerable thickness and porosity in driving its lower tunnel to open at greater depth the ore bodies from which some 11 were pro diced d iced forty years ago the rye patch consolidated mining company has cut a two toot vein which Is evidently a feeder of the main body and which la is being followed in the direction of the famous borland an option to purchase the estate of the giant mining contu company any eight miles south of battle mountain nev has been taken by ray D harris arns ol 01 bait salt lake jesse orwin la is barager and a large owner of the giant min alin ing company whose mine in the earl early days 1 said to have produced of rich silver ore from near the sur face present development in oil in utah centers in and boand the goodrich basin where sixteen wells have been drilled to date without a single tall fall ure these wells have only been drilled to the second or goodrich sand and to a depth of from teet feet to ajo ujo 00 one well at a depan of teet feet by actual test pumped at the rate ol 01 barrels day the frisco consolidated mining company Is again in good financial circum circumstances the eastern office ot of the company reports and development work will be pushed with consider able energy it is the intention to open up the body of shipping ore re centi encountered in new now workings as tt ell as to contina cont inu acting in the deeper wap workings ekings the strike recently made in the Opo hongo adjoining the black jack jach in tintic gintic district is reported to be holding out strong the 0 e body which is twenty teet feet wide where it has been crosscut has b en followed eighty feet on its strike the values Y mch are uniform run 8 to 12 pei per cent copper 8 and 10 ounces in ail 11 ver and 1 50 gold to the ton A quarterly divide dividend ad of 8 a share i has been declared by the directors of the calumet hecla mining corn com the as blat tt at pany a the rate same of three months ago and brings the total dividends for the year to 27 compared to 20 in 1908 the total gold product of the united states for 1908 was 4 ounces a net increase in value ot of colorado leads with a product productive IN e nai valie ie of 22 sl alaska was second with 19 and california was third with 19 with the con men cement of 1910 tho utah foi wol per clam company pany will find it dt elf n a strong financial position says the wall street journal liabilities beyond the capital stock should not exceed and the sural is hould be well over the 6 mark |