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Show lNESAND MINING I Tho American Smelting & Roflnlns H company reports net earnlgs of $7, 507,910 for tho year ended April 30, a decrease of $204,0G3 comparod with tho preceding year. H Tho Amorlcan Smelters Securities company for tho year ended April 30 shows net earnings of $5,202,310, an Increase of $1,575,884 ovor the preced- Ing year, n gain of about 45 por cent On returning from abroad Monday morning, F. Augustus Ilolnzo, tho controlling factor of tho Ohio Coppor compnny, unreservedly pronounced his trip to ilnanco tho company a success. H From the sceno of operations of tho H Comet Gold Mining company, which recently took over tho Indian Ike and 4 an adjoining group of claims in Black Mi canyon, conies tho nows that tho faco H of tho tunnel Is In highly mineralized vein material, which shows occasional H Bpots of freo gold. H In tho Now York Bonanza mine, at H Park City, a drift Is now bolng run In n southwesterly direction on tho fls- Hiiro encountered some tlmo ago, tho H work thus being In entirely now tor- H rltory. The fissure shows three and a half feet of vein material which is H highly mineralized. H More work Is being dono In tho old H districts of tho Vernal, or Uintah, ro- glon than has been generally sup- nosed at this distanco from the scono of action. In tho Rangoloy district, sixty miles southeast of Vernal, ac- H cording to Enos Bounlon, merchant of Vernal, thirty-five wells havo been sunk, with not moro than four or flvo dry wells. H Ton foot por Bhlft, and two shifts H per day, Is tho speed being main- talnod by tho Tlntlo Standard com- pany of Utah, which Is using tho dla- B mond drill for prospecting Its big H vein from tho station of tho 1,000 H level. General Managor E. J. Rod- datz has returned from the mlno, and I announced that tho drill work was B progressing smoothly. B Tho Snowslldo aiid Hardscrabblo B claims, situated near tho Pittsburg- B Idaho in tho Gllmoro district of Idaho, B began shipments this week, by wagon fl route, to the Lorn hi smoltcr at Halm. B The ore, which Is lead-silver, Is good fl for about $60 per ton. Tho distanco fl from mines to smelter is nine miles. fl Gradual Improvement has been shown B in to oro bodies as tho work pro B gressed. fl Alluding to tho gratuitous advortis- B ing of Chlno Coppor by Thomns Law- B son, Georgo L. Walker says that It fl "naturally is having a tendoncy to fl provent tho public from buying Chlno fl and Is cnuslng general selling by spec- r& ulatlve holders and is keeping tho K prlco of tho stock much lower than It H is entitled to sell on tho merits of tho property nnd tho stnnding of the company's com-pany's management." Tho tunnel at tho Lost Josophlno mlho, In tho former Uintah reservation, reserva-tion, In which work was recently ro-sumed ro-sumed by tho Prove owners, has encountered en-countered a cave. Tho opening at last account had not been explored, but from tho strong current of air which comes from it, tho miners bollovo that thoy have penetrated old workings of tho mine, from which, according to traditions, tho Spaniards took much golden wealth In early days. Tho Yollow Jackot, on Yollow Jacket creek, sixteen miles from. Forney, For-ney, which has lain dormant for tho pnst fifteen1 years, Is again in com mission. A now bunkhouso and othor buildings havo boon completed, nnd tho mine has been rotlmbored. Tlio mill Is being put in a thorough stato c-f ropalr. Tho Yollow Jackot Is a gold producer of ores grading from $8 to $15 per ton, and has hitherto been considered a low grado proposition. proposi-tion. Tho Skldoo Mines compnny, operating oper-ating a group of twonty-threo clnlms in tho Pnnamint range, Inyo county, California, luis recently entered the list of dividend-paying gold mines. Tho property lies on Uio Bouthwcst era slopo of Tuck! mountain at an olo-vation olo-vation of about 5,500 feet above sea levol. Tho country hereabouts consists con-sists of a scries of rolling hills and gentlo Blopos, separated from Death valley by a rango of paleozoic limestone lime-stone hills. Experiments in making from Utah mineral wax a product to tako tho place of tho rubbor of commerce, con- I ducted by Dr. Clnrenco Barrett, gen- oral manager of tho Parafflno Oil com- pany of Utah, havo apparently boon m attended by as comploto success aa J. could bo desired. Dr. Barrett has y r made a rubbor which, applied to cloth, Is firm,, pllablo, olastlc, wutor-proof, Impervious to tho action of ordinary heat and if it is not lu ovory way as sorvlceablQ. 'as tho rubber produced from treos It Is a enso of appearances deceiving. In lino with tho understanding said to havo been arrived at among Uio big copper, producers to curtail tho output of tho red metal, ono of tho four units of tho plant of tho Stoptoo Valley Smelting and Mining company at McGIll has been closed down, |