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Show MfNEli AND MINING I Shipments of ore from the mines of Ti title last week totaled 152 carloads. Thesu aro estimated at 7000 tonsaud valued nt $215,000. Shipments of first-class crude oro and the products of the lnlll.i of Park City last week aggregated 00.") tons. Tills Is estimated at $100,000. ' Grnnby Consolidated Mining, Smelt-lug Smelt-lug & Power company produced in No-vemher No-vemher i.',M,-I0r pounds of copper com-pared com-pared wth L,Clt),-l74 In Octobei' and -:CI71, :!,"( in .Scfitcmbpr. Tho' state of Arizona atone Is yield-Ing yield-Ing 00.000,000 pound of copper u month. Utah is putting out at tho rato of moro thnn L'O.OWUMX) pounds a mouth or 219,000,000 poiimlH per milium. From September 1 to December 1, In-elusive, In-elusive, tlio price of lend f. o. b. New York, hud been $S.O." per hundred-weight hundred-weight nnd $7.75 f. o. h. St. Louis. On December 2 the pricu went down .ft per hundredweight In both those cities. Itcport that Chile may flood this country with cheap copper rather loses Its weight when It Is considered Hint the premier Chilean producer, tho Chlhi Copper, Is today yielding but 5,000,000 to 10,000,000 pounds of copper n month. According to the November edition of the Knglneerliig nnd .Mining Journal, Ilia dividends for that month pnld by the principal metallurgical companies amount fo ?!),.101,:i.'l0, ns compared with yi),(!07,'l!i:i for the corresponding month Zinc quotations for Hie week ending December IS; ns reported to the Utnli Ore Sninpllng company hy the Kn-gluccrlng Kn-gluccrlng nnd Mining Journal, show tlmt the settling price for tho week averaged $7,875, with a quotation of $7,75 at the close. Business on tho Salt I.nko mining ex-chnngo ex-chnngo the past week totaled (rMtS2 shares sold, valued nt $Sl,222..fS. This Is compared with $S0,(00 the prevlom week. This makes two consecullvo weeks nf the heaviest trading tbnt has been dono In Salt Lako In many Word from Idaho Is that the Sunset Mining company's new mill Is expected to bo ready fo bo given Its warming up run soon nftcr tho first of the year. However, It Is not expected to be In op-(ration op-(ration until probably n month later. The first unit will be small, probably An effort will bo mndo to stablllzo H inetnlH, Is tho report from tbo east. It Is stated that tho government will jJ ro'-npernto with copper, lead and zluc producers In an effort to ntnblllzo prices of theso products, according to J n representative of n copper producing Utah officials of thu Wyonilug-I.n Barge St Dry Pino Oil company havo Just closed n deal by which they hnvo acquired 000 additional acres to their already largo holdings In theso two western Wyoming fields which hnvo fl been attracting considerable nttentinn tho From Butto conies word Hint tho $750,000 ferro-mmignnese plant erected at Great Fulls, Mont., by Anaconda H Copper company, nt the request of the government, to furnish war material B Avhlch was recently closed down is not H going tn remain Idle If plans of the H L'ompmiy nro carried nut. H Itemovnt of the restrictions on lead H producers, cffectlvo December 21, who H nro now free to quote prices Individ- B unity, wns nnnounced to tho trade by H the lend producers committee for wnr 0 H service, which was formed soimi H mouths ngo at the request ot the chair- H luaii of the war Industries board. H According to lata advices, tlio Glen- H rock Oil compnny has completed nn oil H well with n flow of 150 barrels n day H In thu Pilot Butte field In Wyoming. This company now lias moro thnn forty H producing wOlls nnd seventeen drilling H In Wyoming, whero It operates In the H several fields through subsidiary com- H Tho Liberty Potash company wlfli nn H authorized capitalization nf $11,000,000, 1 is being formed for thu purpose nf pro. H duclng potash from mineral deposits In tho leuclte hills nf Wyoming, whero n H nilnornl known ns wyomlngltc occurs In immense quantities nt Superior, near H Green lllver, Wyo. Utah mid Wyoming H men nro behind tho project. H From Washington comes word tlmt H thu fuel nduilnstrntlon has announced H that In line with tho general policy of H tho government of lifting all restrlc- H tlons ns rapidly ns conditions would H warrant, It hns asked the oil Industry H to suspend its voluntary plan tn stabll- H Izo prices and obtain uninterrupted H flow of crude oil which was recently H oxtended for a period of three months. H Over the period of tho wnr the total H stock of gold money In thu world In- H creased nbout $1,575,000,000. But In 1 that period tho stock of gold In thu H stnto banks and treasuries of the world H Increased approximately $3,125,000,000,. H or nearly twice as much. Tho differ- H enco Is tho result of that striking phe- H nomenon of the war, namely, tho with- H drawal ot gold from circulation nnd H Its concentration under tlio control of H government Institutions. H Application has been mado to tho H statu engineer by the Bull Valley Gold H Mines company of Salt I.nko for tho usa of five second-feet of water from n spring in Washington county. Utah, H for Irrigating 320 acres of land In thu H Vicinity nf Nelson's ranch, H The management of tho Silver King H Con. has sent worddown from Park City tlmt 2000 ore sacks bo sent up to take caro of tho first -clean-up at Iho new mill In Thnync's canyon. Tho sacks aro necessary so that tho flno ore may not freezu to the wagons-or be sifted out and lost. H 1 ' - - - . -W |
