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Show : MINES AM MINING On May 1 the Utah Copper handled and treated 39,000 tons of ore in one day. The previous record was' 37,500 tons in July. From Bingham comes a report that leasers at the Bingham Amalgamated have opened a $0 grade of copper ore ind expect to ship soon. Xevada Consolidated quarter ended March 31 shows net earnings increase of $2,077,077; surplus increase. $1,-50S.151; $1,-50S.151; copper production, 19.160.274 pounds; increase, S,344,o94. Utah's yellow metal camp in Washington Wash-ington county, Goldstrike, will begin at once an active campaign of summer's sum-mer's work, is the information that comes from several sources. Newest among Utah companies Is the Soffe Silver Mining company, which has been organized to take over twelve unpatented claims located locat-ed in the Erickson mining district. Mining in northern Nevada is being given a new lease on life, caused by the rise in metals, no doubt, and the camp of National, eighty miles north of WInnemucca, is a lively spot this poring. From Boston comes word that the March returns for Utah-Apex show operating op-erating profits of 5107,936. Production Produc-tion was 70,827 ounces of silver, 4,-104,818 4,-104,818 pounds of lead and 260,072 pounds of copper. Business on the Salt Lake mining exchange the past week amounted to practically the same as in the previous pre-vious heavy sales week, and the market mar-ket has continued to maintain itself in an unusual manner. Dr. George Otis Smith, director of the United States geological survey, has included in his estimates to congress con-gress an amount to provide for a detailed de-tailed survey of the. Cottonwoods-American Cottonwoods-American Fork mining districts. From Park City comes word that a force of men has been put to work at the Silver King Consolidated on the preliminary work for the concentrator concen-trator for this property. Much of the Grasselli mill machinery will be used. It is now roughly estimated that the April production of the Utah Copper Cop-per will come close to 14,000,000 pounds of copper. This is compared with 12,714,651 in March, 11,849,972 in February, and 11,999,910 in January. Better roads will be opened into the camp of Jarbidge in northern Nevada, according to the Twin Falls Times, which says that the progress of Jarbidge, Jar-bidge, as reported from day to day, indicates in-dicates a steady and rapid development. develop-ment. It is announced that the Knight people peo-ple have finally concluded to take over the controlling interest in the Gold Pen Consolidated of western Nevada. A force of twenty men is working on the gold ore. The price is $100,000. With an annual yield approximating 4,000,000 ounces of silver, which at 73 cents per ounce has been carried 27 cents above the low level of last year, there will accrue to Butte V2 Superior a material increase in earnings from this source. Strength in Bingham Mines stock is a reflection of increased profits which are accruing to this company and its subsidiary Eagle & Blue Bell, on account ac-count of prevailing prices for dilver, copper nd lepd, says he Bostsn J News Bureau. 3 In order to expedite the movement of its ores to market, the South Hecla P Mining company is said to have twen-a twen-a ty teams plowing, scraping and oth-, oth-, erwise clearing the pack of snow v' which partially blocks the Little Cot-3 Cot-3 tonwood highway just west of camp, t Shipments of ore from Tintic last e week totaled 208 carloads. This is es-e es-e timated at 10,400 tons, valued at $260,-t $260,-t 000, compared with 192 car'oads the e previous week. This is the heaviest i- monthly production so far this year, d in fact no single month in 1915 equaled this output, e The Federal Leasing company, n which is working in the upper levels i- of the Ontario, at Park City, has eighty men at work on subleases in - various parts of the mine above the I 1,500 level, and there is not one but I what is making better than wages, and some are adding materially to their bank account. 1. Conditions at the Mohawk property, , located" near the Utah-Nevada state I line south of Tecoma, are very en- couraging. On the Mohawk there is a j shaft down 80 feet from which a drift out 100 feet has opened a vein of ore six inches to two and a half feet wide. The ore is high grade and samples near 40 ouuees silver and 40 per cent lead. ! According to representatives of ) American Smelting & Refining com-, com-, pany, the new mining tax law promulgated pro-mulgated by Carranza in Mexico, l' while increasing that company's taxes there between four and five times, e' will not hit the company severely, as tt' most of its properties come under the f' $6 a year rate, covering one to fifty ' claims, says the Boston News bureau. 'j It is holders of large groups of claims which will suffer most from new law. j3 Following the discovery of zinc ore ol of shipping grade at the head of Tim-pie Tim-pie canyon, on the north end of the ;s Stanbury range, and about thirty-eight a miles due west of Salt Lake, there has o- been an influx of prospectors to the 16 region, and the country is staked for 10 miles around. Id The price of the seats on the Salt S3 I ale Stock and Mining Exchange are :k n-)w ranging between ; 1,000 and $1,-to $1,-to ipo. Two eai3 ago they sold for less ttan $100. In the big days of 1906 1 to 190S the sents commanded as high as $2,600. |