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Show MINES AifllflG Another strike of rich ore is reported re-ported at the Rochester .Mines. Nine Utah mines are found In the last month's list of dividends declared and paid by American mines. Beaver Lake Metals has just completed com-pleted working Improvements, including includ-ing a compressor and hoist, at a cost of $4,000. Copper exports from Atlantic ports for the week ending May 11 totaled 6,079 tons; islnce April 6,976 tons as against 13,301 for the same period last year. It Is reported that the Wilson brothers broth-ers shipped a quantity of tungsten ore by parcel post from Deep Creek a short time ago for which they received re-ceived $8,000. Shipments of ore and concentrates from the mines and mills of Park City, Utah, last week totaled 1,533 tons estimated at $60,000. This is compared com-pared with 1,577 tons the previous week. The Silver King Con. at Park City, Utah, has joined the ranks of the ship-perls, ship-perls, after having been held back in shipments more than a month on account ac-count of, the snow and ice blocking the roads. Another new company has heen organized or-ganized to operate in the Silver Island district, located fifteen miles northeast north-east from Wendover in Tooele county. It is called the Western Utah United Mines company. Miami Copper company, which this year is expected to produce close to 60,000,000 pounds of coper, should during dur-ing 1917 tie In a position to increase Its output to a rate of possibly 60,-900,000 60,-900,000 pounds a year. An assay on a big chunk of rich ore recently received from the Cedar-Talisman, Cedar-Talisman, gave returns of 80.1 per cent lead and 112.9 ounces -silver. The ore came from the 700-foot level of the incline. The first sample carried $330 to the ton. Arthur Witcher, leaser on the upper up-per workings of the five carloads of ore shipped carried 90 ounces silver, 20 per cent lead and $10 in gold to the ton. Another car gave returns of $3 to $4 in gold, 20 per cent lead and 30 ounces silver. Russia as never a factor of Importance Impor-tance in silver, but the demands for coinage, brought on by necessity for paying its larger army in metallic money has forced the Russian government gov-ernment to lay in a substantial supply of the white metal. No portion of the Snake range Is attracting more attention than is the Tungstonia district, in Nevada, at the north end of the proven tungister ' belt, and it is evident that this is tc 1 be one of the largest producing sec 1 lions of the range. ' Report of Ray Consolidated Coppei ' company for quarter ended March 31 ' shows net of 2,205,547 a new hlgl ' record or at the rate of $5.59 a shart ' per annum. Present earnings an ' nearly three times present divident ? requirements oC $2 per share per an num. Shipments of ore from the Prlno Consolidated the past week to Utal smelters totaled seventy-seven car loads. These are estimated at flft; tons each, or 3,850 tons. This is 55: tons a day. The production the pre , vious week was Beventy-three cat j loads. 3 Anaconda Copper's annual repor for 1915 Is somewhat disappointing t those "who had expected that the ey 3 traordinary metal conditions wouli result in something better than $7.1 per share earned on Anaconda's 2 331 .250 shares, says the Boston New Bureau. It is declared that the Utah Coppe is now handling near 27000 tons o ore on an average every day. Som j dayls have reached above 35,000 tons however. The new leaching depar ' ment is said to be treating nearly 6 per cent of the concentrates and wit profitable results. The coming season promises to re cord unusual activity among th mines of the Mullan, Idaho, dlstrlc many of which have been dormant fo ( several years, and there is every re; son to believe that the next tw months will "witness greater develo 1 ment than ever 'before, e Not since last January has ther been what producers term a big bu: ing movement in spelter. Even whll the record-breaking sales of coppe were being made in April and the sut ceedlng "weeks, spelter did nc emerge from its lethargy, except fo an occasional spurt, says the Bosto News Bureau. Sensational advances in sllve prices to the highest level In twent years has not been without some spe p ulative buying. The . real Incentivi 0 however, was the buying of larg amounts of .silver for the Russian goi eminent, says the Boston News Bi reau. This was accomplished In Loi don, although American companic P supplied the greater part of the meta a much of which was in stock on th other side. It Is understood that some of th silver mining companies, not relishin the idea of marketing their produ' e tion as it came forward at the rccer low prices prevailing, decided to hol in anticipation of an advance. As result they have since reduced thei r holdings at much higher figures. Shipments of ore from Tintic mine Inst week totaled 222 carloads est mated at 1 1.1 u 0 tons and valued J 2T0,O-"i0. This is compared with 2u cars the previous week, and is th ' heaviest tonnage from camp In prol ably two years or more. |