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Show ii -mmm MINES AND MINING l During 1D03, thirteen Utah mines 111 paid dividends aggregating $t,537,71G, flH nnd this will bo eclipsed by tho Utah' JfiiH producers In 1009. During 1007 nnd 1008 tho coal mines' Hl of Utah produced 11,812,000 tons of P coal, tho retail prico of this product exceeding $21,000,000. The International Smelting & Itofin- r ing company Is building In Tooolo fl'M county, Utah, thirty mlloB from Salt Luku City, a plnnt that will cost $8,-000,000. $8,-000,000. James Eur, superintendent of the Golden Hunter Mining company, of jfl Holsc, Idaho, died at his homo In Salt ' 11 Lnko City, July 5, following a slogo of Hright's dlsenso. iVI Iron county, Utah, hna tho grcatoBt i Iron deposits In tho world. A Ponn- (j sylvnnln expert estimates tho body of Iron oro In one section of this county ii at four hundred billion tons. Martial law prevails in tho southern i 'l Capo Breton coal Holds. Troops nro' guarding tho collieries of tho Domln- Ion company nnd nn nttompt will ho , made to oporato tho mines undor mil- Hary protection. To pay dividends aggregating tho tl largo total of $25,009.G57 In 11 vo months or 1909, despite continued low il nictul prices, Is the record nchlevo- mcut of eighty American mines and ' jH metallurgical works. Near Kauab, In Southern Utah, do-posits do-posits of cannel coal havo been traced jH for sovernl miles. Ono man hits barod jH a doposlt twclvo fcot in thickness on iH the surface, and local capital Is tak-Ing tak-Ing up this vnluablu land. Tho Guggcnhelms havo no lieslta-tion lieslta-tion in saying thnt tho earnings of tho Yukon Gold Mlnest company tho pros-ent pros-ent yenr will reach n total of $1,500,-000, $1,500,-000, whtlo theso will ho undoubtedly Increased to ?2, 500,000 next year. Stockholders of tho Montana-Tone-pnh Mining company nro much encour-aged encour-aged to learn an additional payment of $15,000 hns been, mndo on tho mill' debt, leaving a balance of only $20,000 unpaid, says n Philadelphia dispatch. It Is proposed by those In controlj rH of tho Yukon Gold Minos company to Increase the par valuo of Its shares from $5 to $25, holders of tho prcsont shares to reccivo ono shore of tho now for each live sharea of tho pros- With its Jumbo plaster workB nnd Kecno cement plant, tho llttlo town of Sigurd, In Sevior county, Utah, has suddonly Jumped Into first lmportunco - ' ns a shipping point, nnd tho Richfield Reaper Bays that Its resources havo H not yet beet, hair exploited. A mining engineer who bus been In- H vcstlgntlng tho mineral resources ol 'H tho region nbout Callento, Nevada, rays some of tho Inrgest bodies of low-grade low-grade gold oro In tho Btnto aro at tho f very door of Callento awaiting devet- opmcnt. Cobnlt, carrying nickel, Is abundant. Nickel Is found In gen-thlte, gen-thlte, gannlerlto and noemlto. Charles Hofstotter, of Spokane, and his associates havo secured a leuso on 200 acres or stato land near Kamlah, Idaho, containing valuable asbestos rack deposits. From tosts already mado It 1b found that sawing machln-ory machln-ory can bo advantageously employed In cutting brick and other products fH from tho largo blocks. 'H Tho announcement made on reliable authority that tho Colo-Ryan Interests ' iro identified with the proposed Ely- Goldfleld road means that tho Ely dls- trlct Is about to roalizo another of lta . dopes, says tho Ely Expositor. Th H reputation for doing things which tho iM Cole-Ryan people so firmly established 'jl must bo taken into consideration with :ho announcement of this fact. In spite of the fact that tho olectlon neld In Idaho for tho issuance of bonds (IH Tor the construction of a now road H 'mm the vicinity of tho Lost Packer Mining properties and smoltcr to vH 2hallls was unsuccessful, tho road ;vlll bo built. Tho Lost Packer com- ')H pany is behind tho project, ' and tho H 'oad will bo completed within ninety It Is announced that thoro is to bo i now smoltcr in tho Salt Lako Val- '1 ,cy, tho smeltor to havo a capacity of 1,000 tons dally, and to bo cpnllncd Pl exclusively to iron ore. In addition to the Binolter there will bo n rolling l mill. Tho compnny which will erect H I lie big plant is tho American Steel & fuel company, and the oro Is to como M Ironi properties In Wasatch and Utah B In tho proporty or tho Gold Nugget Mining company at Whlto Rock, No- I'-ndu, on one of the lodges a tunnel Mil attain tho dopth of 1,500 feet by running In on a body of oro which at rl tho Biu-faco Is eight foot wide and H Averages $20. GO n ton. From several . 'H other ledges a largo tonnage or oro M lias been taken by Biirfaco work, much nf the ore running from $52 to $100 a .H A forecast of tho report for June by X ho Copper Producers' association sots. jf iho surplus of copper in this country . u.jjl' M at. a figure showing a docreaso of- 't, H tibout 20,000,000 pounds, although va- - H lions unolllclnl estimates havo. set tho, .-' H figures at 12,000,000 to 22,000,000., "t H pounds. . , '"-Vf .M |
