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Show MINES A MINING The average price of spelter for the week ending October 13 was $12.08. Mining operations will be resumed this fall in the old Willard district, fifteen miles north of Ogden. The Champion Copper company has declared a dividend of $2 a share, making $25 since FeDruary 21. According to one calculation, the milling capacity of Utah companies has -been increased 2.500 to 3,000 tons daily in the past year. Shipments of ore from the mines of Tlntic the past week totaled 124 carloads. This is estimated at 6,200 tons, valued at $155,000. It is compared com-pared with 137 carloads the previous week. It is reported from Rico, Colo., that New York capital has become interested inter-ested in the old camp and from now on they will help the Utah men in reviving re-viving a district which was as dead as a door nail before Utah men went in there four or five years ago. Placer gold was first mined In the Chisana-White River district in Alaska in 1913 when between $30,000 and $40,000 was recovered. Last year over twenty claims contributed to the production, and gold to the value of more than $250,000 was mined. "With copper and lead holding at fair prices, the mining industry of ' Utah is in a good healthy state," was an observation made in Salt Lake by Jesse Knight, president and managing director of all the Knight Investment company's extensive mine interests. It is estimated by those who are keeping pretty close tab on the Utah Copper mine that the SeptemDer production pro-duction will probably come close to 14,600,000 pounds. This estimate would bring the production more than 1,500,000 pounds under August's tremendous tre-mendous output of 15,966,543. The output of the Cripple Creek district dis-trict for September was 89,842 tons, with a gross bullion value of $1,290,-489, $1,290,-489, says the Mining Investor. An increase in-crease is shown over August, notwithstanding notwith-standing the Labor day holiday and a shorter month, of 5,000 tons and approximately ap-proximately $50,000 valuation. The mineral resources of the Port Valdez district, in Alaska, comprise deposits of gold, silver and copper. At present gold and silver are the only metals recovered from the ores, but recent developments indicate that the Midas mine, on Solomon Gulch, will soon become a copper producer. A greater number of men were employed em-ployed in the coal mining industry in the United States in 1914 than ever before. According to C. E. Lesher of the United States geological survey, the total number of employees in both anthracite and bituminous mines for the first time exceeded three-quarters of a million. At present American Smelting & Refining Re-fining company is doing nothing in Mexico. All American employees have been withdrawn, and in many cases plants are in charge of Mexicans. For the past two years Mexican operations opera-tions have been suspended, with only intermittant attempts to operate the various properties. The United States geological survey sur-vey has now available for distribution its annual statement on the production produc-tion of borax in 1914. The production of crude borate materials in the United Unit-ed States during the year was 62,400 short tons, valued at $1,464,400, an Increase In-crease of 7.49 per cent in quantity over the production in 1913. John Wallace of Soldier has given to L. J. Reaf of Spokane an option upon the Bluebird mining claims Nos. 1, 2, 3, 4, and 5, in the Little. Smoky, Including the stamp mill and all the machinery, for $36,000, and one-third of the stock of a company to be organized or-ganized under the laws of Washington Washing-ton within ninety days to exploit the said claims. Like magic a fifty-ton concentrating tungsten plant seems to nave risen from the edge of Humboldt sink within with-in the past thirty days, and will be in operation within the next forty days with scarcely a whisper of the achievement going abroad, is one of the wonders of Humboldt county's present mineral revival, says a Love lock, Nev., dispatch. Of the total gold production In Arizona Ari-zona during 1914, the Tom Reed-Gold Road district contributed 40 per cent. During the same year dividends of the Tom Reed mine alone amounted tc $625,592.05, or 69 per cent on Its issued capital, a record not exceeded or equaled by any other gold mine in the world. In six years the Tom Reed has produced $4,051,215 and paid in dividends $1,882,864. The economic waste involved in the indiscriminate hiring and firing ol employees has not been studied with care in respect to the mining industry, but a recent address on this subject confined to manufacturing lines forces some very startling conclusions, says the Engineering and Mining Journal, The figures given apply to twelve different dif-ferent establishments, enjoying about 40,000 men, and the speaker estimated that the money lost in one year due to the problem of hiring and firing amounted to $831,030. What promises to be one of the biggest big-gest apex suits the United States has ever witnessed will be started in Butte, Mont. It is the case of former J Senator W. A. Clark against the Butts ' & Superior. In fact, it will mean a measuring of swords between the 3 senator and Colonel Jackling. From Butte, Mont., comes word that . five of the leading mining companies , of Butte paid $1,500,000 In wages in September, being $100,000 less than s in August, although the rate of wages " for miners was 25 cents a day more than in August. |
