| Show AROUND ROUND AROUND THE MINES Shipments from the mines of ot Tonopah Tono- Tono pali pah the past week totaled tons valued nt fit A report says that one character of ot ore now being shipped by the Irinee Consolidated carries 5 10 lo 15 per cent n U Some Som ore carrying up to ounces ounces silver to the ton toil Is now coming coining in the new is the word that comes comes from tl tile e Lehi Tintic TIc The Ohio Oil OU company has declared the HIP regular ular quarterly of ot anti ami an on extra dividend of a share both pa payable March 20 O. O According to word from Rico Illco Colo Cob the ore shipments from Rico station during the month of or January Januar 1018 totaled sixty nine cars Although somewhat by byroad byroad road rond conditions and limited transportation tion bit facilities the Tintic Standard Is sending to the smelter in excess of tons of ore a n da day camp located In the tub extreme ex cx- southwestern corner of the tile state of Utah and not far from St. St George and the old silver of or Silver SUver Reef Is beginning to look more promising A A. strike of high grade copper ore that with ith some sorting averages 20 per cent as it Is sacked has hns been made on the hc Dandy group owned by the Fermina estate at nt Luning Nevada For the thc first first- time in the history of the Industry more than a billion pounds of copper were exported from the United States In less than a n year the total for eleven cleven months up to the first of ot last December being 1031 pounds It Is stated that the Eagle Blue BlueBell BlueBell Bell Ben earned in December against in November ember For the year ear 1917 1017 i net earnings before taxes totaled 9 as ns compared with in 1910 1010 14 In 1913 1015 and in 1914 1014 Senator Stone of Missouri has Introduced introduced Intro Intro- an nn amendment to the war revenue revenue rev rev- bill in the thc senate providing for forthe forthe forthe the taxation of mines and oil wells haYing having no net income prior to the war that tIle Uie they shall shan pay a tax upon their let iet income for year ear 1917 The chance of making a n steady producing pro pro- du ing mine at the thc state tate line property In the Copperfield N Ncr Nev ey district where a strong vein carrying ng eight inches of ore was opened l up several sev sev- oral eral weeks weel s ago grow ov brighter with every foot of development More sulphuric acid was produced in inthe inthe the thc United States in 1917 Hili titan than in any previous year ear A mo moderate erate estimate shows that the Increase in the production tion of acid of of all strengths in iii 1917 over that In 1910 stated in terms o oCO of ot GO CO degrees B. B acid amounted to atle at le t I tons r Modern machinery and modern ore treatment methods are resulting in intensive intensive in in- c mining which shortens the lives Jives of the mines As a consequence sighted far men are pointing to the urgent need for a n greater amount of ot prospecting and the opening of new producing properties i At a depth of 1900 1000 feet In the Atlanta Atlanta At At- I lanta property a station Is now no being cut In the vinze sunk stink to this depth ept l from the foot 1750 li foot O-foot level in for a thorough s system stem of or exploration at lit the deepest point attained In mining operations in Ia southern Nevada says the Goldfield Tribune Mining companies have been heen granted grant grant- ed a concession by the treasury department department depart depart- ment to the extent that returns of war profits be he made at tile earliest date the they can be he prepared Instead of March 1 l according g to a n letter received at th the headquarters of the thc Utah chapter of the American Mining congress According to word from northern Nevada the holdings of or the Copper Canyon Mining com company pan both at Copper Copper Copper Cop Cop- per Canyon On and in the basin continue to look good From the canyon canon shipments shipments ship ship- ments merits of from fort forty to fifty tons are being made daily dally which keeps the caterpillar cat cot and four teams busy hauling to Dillon That the recent increase in tJI the capacity capacity ca en- of the Thompson smelter has been i for a material Increase increase In In- cr crease ase in iii the production of the thc Nevada Novada Ne No- vada Douglas Consolidated Copper company compon is reflected In the auditors auditor's report covering the last two weeks in January During that period the Nevada Ne Ne- vada Douglas sent to the smelter a total total to to- tal of 50 0 tons of ore Western Exploration company which is less than a year ear old is in n n. position to put its stock on Oil a fl 0 G per cent dividend divi I dead basis as ns a n result of Its operations durin during the last three quarters of 1917 If the board of or directors consider such steps nd advisable It Is understood however how hov- ever ver says the Cheyenne Leader that In view of ot the large Inre acreage In prospective pros and proven fields and und the desirability de the e o of pushing active development development develop develop- ment work as rapidly as ns possible that no dividend action Is contemplated at this tine tl DPI Demand for silver er Is abnormally heavy throughout the world This has been true since f the outbreak of ot tho the thor v- v r r r. r chiefly because o of the practical from circulation of gold currency In Iii the belligerent countries During the 1917 1017 year Chile Copper probably produced pretty prett close to 00 90 pounds of ot copper and earned corned slightly more than 2 I per er share for the shares outstanding after al- al owing lowing for Interest on the bonds of ot which there are ore now Issued During the month of December the Dragon Consolidated 1 mine shipped a n total of about tons of ore duplicating l eating cating th the record In January and from all aU reports about the thc same sarno tonnage will leave lea the property luring during the pr present sent month according to word that coine conies comes roin Eureka Utah 1 I |
