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Show MINKS A X I) II 1 xTnTT A Cew mining illnlrlit I being npetiid up alintit mvti mlti aouth veal of ban Nivadn, oil Hi tniliir Clark h rnlln .1 1 A repoi 1 m 1 urn nt tn lie effei 1 (hat Kail lake 1 in have another mining -link exihange, a rival of the present isrhange Ho far as known the Aral coal produced pro-duced in the nt ate of Montana was mined In Issu in which year the production pro-duction amounted In 121 tons Nearly everybody In Vlrgen City. Tnqnervlllc and tH (lenrge ha Hired land tn Ihe nil region, nnd they are now all dreaming nf becoming millionaires It Is announced that Heinle will make the Culled Copper company the parent body of a great coalition nf mining, milling and smelling rnmua nlea tn fight the Amalgamated company com-pany Copper aiilphlds have been en-countered en-countered In near!) every prospect hnle sunk !) Ihe Umpire Nevada Copper compel!) , at Yerlngton The character of the ore Is good and ear rlea I tn A per cent ropiw Thomas lwon, of llnston. now owns Ihe Humboldt smelter near Present 1. Arlsonn, having secured possession pos-session un .Inly 3 of all but 26.bn aharea nt Ihe capital stock nf the Consolidated Arliona Smelting company com-pany The area ol Mniitaua underlain hy coal beds I estimated at 11,00(1 square miles The rival vsry In character from lignite 10 bltiimlnoua, some of the latter Mug lair inking ciwli, nnd the producing arena lie In somewhat some-what widely separated Held Theie are good coal Indications (went) miles snutliwost from Oskle) Idaho A Mir quatU) of lignite lis been uncovered, which Improves with depth, though the development Is but slight This lignite lias been used as fuel by people lu that section Moat nt thu mines III Montana are worked eight bouts a tiny. lu IBM twenty three mine, employing 1,10 11111, reported eight hours Io the work lug day, live mine, employing 191 men, reported eight hours lor miners and ten hours lor day men One mine, working eighty five men, worked nine hours Park City organisation whine urea contain a liberal sprinkling of slur values, are confidently anticipating the completion and oiwratloii of Ihe tlraa selly Chemical company's new plant on or near the proper(y of (he Daly Judge company It Is expected that this new plu'H will solve Ihe ilnc prole lem for Ihe Park temple An experimental run Is being made at the Polosl, ut rllltur City, Idsho The ore anes throuch the battery at the rate ot one ton per hour, with to mesh sesi ens, and with scarcely any slimes, saving a consldcnihlu percentage percent-age oriJoTlTJTl Hill "w.rnaJRsmatlng' plate, but the saving In the pans has not lieen considered ratlsMctory Tho Calumet and llecla company, from 1900 to lt'on, Inclusive, has paid to Its stockholders a total of 1.000 OAO In dividends In tho snme period Ihe Amalgamated Copiier company has psld 1 ll.n2B.il nnd the Anaconda 21,051) 000 The C & II is now pay Ing to atocklioldei al lite rate of tn 000,000 a year. Amalgamated Copper I1!.(A0,IMM, and Anaconda IS.I0O.0OU The discover) of Ihe Dry Oulch dig glngs was made In 1877 by John Ver-tan Ver-tan and others, und in the first tno )ear over JWU.oon srss credited to the district by Wells I'argo . Co . as being sent ihe refineries through their office at Ward. Nevada HI nee that time the total production ha been between four and five million dollar According to "Mineral Itesource nf the United Slates," Issued annually by the United Hiatus Ueologleal Hurvey, the commercial production of tungsten ores and coiicenlmle during 1903 amounted to 803 short tons, valued at I108.U7G, as compared wllh 7(0 short tons, valued ut flnl.noo. In 1901 ami 102 short tons valued at H3,ai, In 1902 A big deal bus Just been closed hy whlrh Unite capitalists, represented by II 8 Clark and Adnlpli Morten mnller, with I,ewlelou. Mont . parties became the owners of the McDonald Coal Creek mine located some ten miles from lwlalon 'Ihe Central Montana Owl loinpany has been formed and will al once build a rail road between the city and Ihe mines Ksllmsled production at Ihe Unite mines for July was 27.167 .315 iouuds or copjior from ( 1 1,185 tons of ore This Is an Increase of nearly 1,000.000 pound over Ihe June output, but I 6,1,&75 pounds less than tor July. 1906 for the first seven months or the current year Butte camp has shown a return of 181 G06 U07 pounda as compared com-pared with 1I5.S21.4U0 pounds for tlm same period last yosr, a decrease of H 217. 191 111 more than ft year's pro-dm pro-dm tlon The action of the oopper stocks throughout the oasUrn markets of tale has been quite a disappointment In the west In several ways, entailing financial lo and uncertainty. Copper milling olrole are begtoulug to wonder won-der what the Itutuodhle future ha lu tore The report of (he lleel corporation lor the quarter ending June 10 last showed net earnings or 115.501,705, as compared with 239,l!2.(2 fur th quarter ending March 11, 1907, and 14o,i:C.03.l In the oorraHndlng quarter of 1900 and ISOJhJS.UC In 1905. ' On of (he governing factor In the declining iBUdonoy of copper Is the Increased In-creased production In the United Stales The statistics! guesses, which have been published, showing a decrease de-crease In (he production during the first six months of tbe year, have been Incurred |
