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Show MINES AND MINING An assessment has been levied foi tho purpose of continuing work on the Smuggler property, In American Fork canyon, ns long na possible this win-tor. win-tor. Tho Nelson Queen Consolidated Mining company Is preparing to resume re-sume operations upon a largo scale at Its mino In (ho Klkhorn district, according ac-cording to advices from Park City. Tho greater portion of tile- power plant, which Is being constructed near Modona by the Gold Springs Mining & Power company, is under roof and Is virtually ready to receive tho flrst Installation of machinery. Tho Utah Gold and Copper Mines company has mndo application to tho stato engineer for 0.50 ublc feet of wator per Becor'rom tho Sevier river for tho working of tho company's, mining properties In Beaver county. Ono of tho properties of tho Park City district In which work is being carried on steadily yet quietly, is that of tho Scottish Chief Mining company, located near tho summit of Scott hill, and ono of tho oldest claims In tho district. Tho average price of sllvor for tho nlno months of tho current year has boon $0.52092 per ounce. With only India and China as largo purchasers It Is not probable that there will bo any permanent natural advance In tho prlco of silver. W. B. Lomloy and associates, who havo been quietly operating mining property In tho Now Goldflolds district, dis-trict, about fifty miles north of Win-nomucca, Win-nomucca, havo purchased the quartz mill of tho Manitou Mining company near Willow Creek. After having visited the property and studied conditions, the directors of tho Scott Hill Mining company, Park City, havo decided to continue operations all winter, and a force of men aro now ongnged In tho dovclop-mont dovclop-mont of tho project. Tho world's production of sllvei' for tho calendar year 190S Is estimated to havo been 200,000,000 flue ounces, an Increase ovor 1907 of 15,000,000 flno ounces. The Increase Is due principally principal-ly to the yield of tho mines of Canada, Can-ada, Mexico and Australia. Sllvor Is principally a by-product resulting from tho smelting and refining re-fining of. lead and copper ores, and so long ns the great demand for lead and copper exists there is no probability for a decrease In the quantity of silver sil-ver derived from this source. Tho United States discontinued the purchases of silver for subsidiary colnngo In February last, and It is not likely to be a purchaser for several months to come, as thoro Is In tho treasury an amplo stock to supply tho demand for an Indefinite period. Word comes from Park City of a Bpeclal meeting of tho stockholders of tho American Flag Mining company, at which action was taken which will add materially to the future greatness of tho Flag, and which will redound to tho boneflt of tho entiro district. Drilling for ore bodies in tho property prop-erty of tho Blackbird Copper-Gold Mining Min-ing company, In Beaver county, Utah, Is In progress with a crow of expert drillora In charge. Tho work Is being dono near tho contact. Tho flrst holo Is down 200 feet, tho second 50 feet. Tho good efforts of the progress of tho Western Pacific railroad, which is rapidly nenrlng completion, aro already al-ready beginning to bo folt, says tho Salt Lako Tribune, Inasmuch as tho new road will result in tho discovery and development of much now and valuable val-uable mining territory. Not a living porson romnlns In tho "copper" camps of Greonwator and Furnace Creok, Cal., according to advices ad-vices from members of tho last exodus exo-dus from tho onco famed districts. Tho Schwab company has stoppoa work on Queen shaft No. 2, tho last-property last-property on which work was dono. With a forco of 600 men employed and building material and machinery being delivered at tho rato of 20 carloads car-loads a day, tho work of constructing u groat smelter on tho Pino canyon Blto of tho International Smelting & Itoflnlng company at Tooole, Utah, Is progressing about as rapidly as could bo hoped for. Somo disappointment has been cauBed in Piocho by tho complete closing clos-ing down of tho Dny mine, and honco tho cessation of all rtctlvlties by tho Nevada-Utah Mining and Smelting on)oratlon. This Is understood to bo duo to thdIosIng-TjtnhoPtee-MJwJi. or and tho raising of ratos by tho othor oth-or smeltors. Tho property of Newhouso Mines & Smolters wns purchased for $50,000, at foreclosure, by tlio Trust Company of America, which was trustee under tho mortgage. Tho next stop toward placing tho property again In commission commis-sion as a producor will bo tho completing com-pleting of incorporation of tho South "Utah Mines nnd Smoltor company, with total capitalization of $4,300,000. Anothor week of heavy transactions In Iron and steel products has established estab-lished a new record of Balos for Oc-tobor. Oc-tobor. Tho output of both pig Iron and steel Ingots has boen tho heaviest ever known. Consumption of flnlshod teel productB-1 also lnoroaalng. |