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Show 'MINES AND MINING Eastern papers aro predicting that H tho American Smelting and Refining H company In Juno will cither out down H or do away with tho dividend on tha H common Block on account ot small J From Boston comes tho report that H tho Utah Copper company Is now rrmk- H Ing copper at tho rato of 3,250,000 'H pounds per month nt a cost of 8 H cents per pound, after deducting tho H expenso from tho mine to tho market, H Oil Is advancing all tho time, ana ono in a position to know declares H that tho demand this year Is going to 1 bo 15,000,000 barrels In excess of -tho H supply, unless somo extensive now ;H fields nro discovered and developed. H An ntr compressor Is now busy at B tho Hub mine, nenr Mllford, whllo de-vclopmcnt de-vclopmcnt work Is being vigorously prosecuted. Thero Is now over eighty tons of oro on the dump nt tho Hub which la valued at between $100 and J $300 per Tho 'activity for tho current scaBon with tho Lost Packer Mining com-pnny com-pnny of Idaho has already commenced. During tho season of 1907 tho Lost Packer company cleared a totnl 'of M 00,000 from not ovor a thirty dnys' run ot its new smelter. Slnco tho unwntcrlng of tho Ontario J drain tunnel thero has beon an tin-usual tin-usual demand for tho stock of thnt eolcbrated Park City property, but It seems that thero Is little stock to bo found in tho open markot, tho holders evidently looking for hotter results in tho way of production than in tho Work Is progressing rapidly in cleaning out tho caved portion of the drift between Nos. 2 and 3 shafts on tho 1,500-foot lcvol ot the Ontario nt 'H Park City, and it will bo only a short tlmo until tho draining of tho mln'o Is complcto nnd work resumed In tho ground thnt hns been flooded for so Tho nnnunl report of tho Anaconda Copper Mining company for the year 1007, submitted to tho stockholders' meeting nt Anaconda, Mont, last wcok, shows that, owing to tho re-strlctlon re-strlctlon ot tho output nnd tho close down of tho mine, tho profits we'ru loss than tho year bofore, being $3,- Samuel Nowhousc, who recently made a trip of inspection to his prop-crttcs prop-crttcs I ntlio Plocho district, declares ho never had tho least conception, as to tho valuo of the properties ho'had acquired upon tho recommendation of others until this visit, and that'lio waB simply bewildered with what hg Tho camp ot Gold Circle, Nevada, Is unlquo for a Nevada region by virtue H of tho presenco ot nn abundanco oi water for mining and milling pur- ' poses. Usually tho lack of water Is ono of tho most Bcrlous obstacle to ovcrcomo in putting u Nevada camp on Its feet so that it may becomo a dividend payer. A now smelting combination was op ganlzcd last weok for 'tho purposo ol operating In tho Utah field. Tho new company, which will ho known as th( Independent Smelting company, It hacked by Utah capital, and has so cured a lcaso on tho plant at Ogdcn which has already proven to be t great success. Fluerino Is a new section, about fourteen miles from Khyollte, on the CDst side of tho Bnro mountain rango, end nlmost directly south ot Beatty. This particular Bcctlon has been known ns a mineralized country fot about thrco years, but It is only re- cently that thero has been any excite- incnt ovor tho discovery. E. Chopin Gard, a mining promote! with offices In Donvor, hns been In- dieted by tho fedornl grand Jury on tho chnrgo of using tho malls in fur thornnco of schemes to defraud. He Is alleged to havo sent out nllurins literature about properties In south- i n Utah, which government inspec- tors claim did not Justify his advertls- hit claims. Excitement over tho oil flcJda dlB- covered near. Bluff City, Utah,, contln- lies to run high- In that section of tho :ountry. Latest nqws from the sccno rr operations tells of u gusher Just discovered, tho output ot which is cs- tlmatcd at between GOO nnd 700 bar- re I s h day, California all men nrq beginning to Investigate tho Virgin oil field, n num-bor num-bor of prospective Investors ' hav'lng recently mndo n visit to tha district and aro now looking Into the ninttcr 9 of transportation In case 1)1? wells nro "fffsf-discovered. "fffsf-discovered. The Virgin district la on MWX tho ove of a boom. ' wJ' Tho property of tho Cliff Mining Up compuny nt Ophlr la showing iip n a . illjfe moat encouraging manner. Thtf hyor- 3ia'' ngo width of tho vein Is snld to bo 4tw twenty-five feet of oro of shipping '-mVw grade, several cars of which nro to bo -31 Ft-1 forwarded to tho valley smelters dur JLi Ing tho present weok. 'rjl.N;', The Nevada Douglns, at Yerlngton, -Si has, by encountering the samo body ,Jg,t of rich sulphides on tlio 050-foot level, ' ' 5B'.. ' added another hundred feot of backs -Sf to tho generous available- resources '3BT developed, and tho owners are-foellng vfflt very good over the present appear anco of tho property. vI't' On tho Bull Itun property, In tho JIMn nowly discovered Bull valley district ' -dByH of Utah, all of tho ore being sacked la high grado, running from $3,000 to "vC5 $30,000 in gold to tho ton. Thero docs 9W not Bccm to bo nny low grade dlscov- ' Sj orlos in tho district, all of the rock IjH found bolug phenomenally rich, vH Tho Daly Judgo Mining compuny, ot jil Park City, has, according to the ro- rffl port submitted to tho stockholders' - meeting held recently, distributed ' H $224,850 in dlvldouds during tho past ' year. Tho company Is at present Urn- itlng tho output of tho mlnos. owing to tho low prices of lend and slWer. ,H |