OCR Text |
Show MINES M ill Shipments of Hrst-eliiss ore and mill product from thu mines of Park City last week totaled 1781) tons. This ng-gregatu ng-gregatu Is estimated at $100,000. Tho shipment of premium spelter by tho Midge Is roughly placed tit near ?ll,-000. ?ll,-000. It Is aiinoiinci'ii tlint the .Mexlcuu government has for the time being priictleally stirpundcd the oil decmi which, iifronllng to American oil Interest In-terest In Mexico, iimotinte;! to a confiscation con-fiscation of oil properties by the gov-eminent. gov-eminent. Arcordlng to n Httiteineiit Issued by the Mtehlgiill-tltilh Consolidated Mines company, jlii' chief significance of the new strike In the properly lies rot only In the development or n hi'go body of ore, but also In evidence of perinniieiicy. More business Is being curried on In tho oil fleliN or .Mexico than previously, pre-viously, is an eastern coiiiiiient on oil business. American Interests have recently re-cently brought In several guild welM timl Increased their maiiiiracluiiug capacity ca-pacity there. Alaska gold made u loss or. 51 1,1)17 on IhotiiKi.UW tons milled during the quarter quar-ter ended .lime ."Ml. The tonnage milled was 1821 per day less, than In the preceding pre-ceding tpmrter. The nilll-feetl nssayed ft. lit per ton. ns compared with l! cents In. the first quarter of the current cur-rent year. The Apex Standard Mining company, com-pany, with property located In the western end of the Tlntle district, has begun the slnklng.of Its new shaft nt a point it short distance etit of ihu MoittiiP'i company's shaft bouse and nearly due east from tin1 portal of tho Iron King tunnel. Tho statistic of (he production of potash for tho first six months of 1II1S received by the United Stales geological geologi-cal survey, department of the Interior, to date show u total output of 'Mjm to itf.OOO short tons of pure potash (KUO), Indicating that the output for the entire year may reach fiO.000 to BO.-000 BO.-000 tons. The 3 rn m I ttiii sump crosscut has been ntlvaueeil to u point 100 feet west of the shaft ami will be continued to the west shin line -of tho Grandma ground to propped this territory at a depth of SIB feet, says the (lohlfleld Tribune. The fact) Is now In quartz anil assays running to $1.00 lu gold have been obtained recently. Mining Is n wasting Industry, says the Mining Congress Journal. To thu extent that It produces It reduces thu orlglulal estate. Its Invested assets nre .continually growing lest. It Is peculiar, In nnntlier sense, In that'll Is it shortlived Industry and an Industry carrying great hazards. All of thu possible pos-sible supply of minerals for nil future time 1st now lu existence, Thu American mining engineer wants to know what further duties lie lu his path towartl helping to win thu war. This has been the keynote of the 117th meeting of the American Institute In-stitute of Mining Kugliiccr at Colorado Colo-rado Springs. No war-winning effort bus prr.vetl too strenuous for the mining min-ing lenders of the country who havo spent the week In this district. Announcement was mittlu September 5 that the directors of tho lCnglo & Itluo Bell Mining company hud declared de-clared the. regular quarterly dividend of 10 cents per share, ?D0,000 In nil, payable September '.'0 to stock or record rec-ord September 10. This will bring tho total dividends for thu current year up to $270,000, while lu 1017 the company paid $:i(IO,(HK) ami lu 11) 1 5, $1:15,000. After tin. hteatly prosecu'loii of development de-velopment work during u cessation of shipments for the last few weeks, owing ow-ing to lack of transportation facilities, the Imperial l.eatl Mining company, which has fifteen claims lu tho West Ti title rnngj of mountains, l'rlclMoii mining district. Ins rouipltu I ur-iniigcmentH ur-iniigcmentH for maintaining a d.'iuly utptit ot ore throughout the season. The Silver Queen Leasing company, operating on u group of claims lu thu western part of Utuh, about thirty miles east of WVndovor, has received returns from u small consignment of ore. It being the first marketed from tho property, und was sent out us u Irlnl shipment. The ore carries silver niul copper, nnd returns from the first car brought a little better than $'21 per ton after freight und smelting charges hail been deducted. The week's record of ore output from the Tiullc district shows a total of only 1KI carloads, u considerable decline de-cline from thu showing miulu thu preceding pre-ceding week, and tho nverage of several sev-eral weeks previous. Information from Kureku Is to the effeet that generally gen-erally speaking the mines or the district dis-trict are lu u position tim condition to turn out mnro ore or shipping grade than at any time in many months, but Hint it sliorlngu In cars for transportation transporta-tion has caused an unavoldaliU) delay lu transferring tho product from tho mines to the Muellers. Shipments of oro to mill by tho mines or Toiiopuh the past week totaled i)9S3 tons vnluetj nt $109,811. It Is understood thnt sonio new copper cop-per refining iirraiigeinents havo been entered into, calling for tho payment ot from $21 to $20 n ton of material ugiiliiHt what was formerly u normal eliurgu of from ?1!1 to $11, Such high tnrlff would, however, apply only to. new business, Ono of the directors of tho Wasatch Mines company iinnounces' that tho latest word from tho tunnel work Is that the minors hnvo reached n point approximately 2005 foet In. They have lately been making headway at tho rate of flvo feet a dayi |