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Show MINES AND MINING;, The I. ''.in of the llll-llne.l winze ii th" l:.im mine, im tnl'i a north ot :i.l-rad" diMrlei, l Kaid to ! in oio j mnnlim f '" a ton In ! The w.p.k i ni; has I in In low made ore fori Ibollt In, : ty f, , 1. I Km- Hie p Mi.inl.itl"ii of a di-'unci di-'unci run.,' Ml. the r how ill or lift I nrllt of :,:.. 77 1 ilinlni: hint ear In i 111- IIIulIi.i.ii Mill." (.iiian . in pre- j .elite, I In l In- nimilal r Hirt Jinl tlliule pilhlle, Ik an excel:, lit one. 'I'll- tun: el which la lieini: ililieli l.v the Hit; V ho Mlnllm ci.liipiillv lor the piirpit-t- of inakiim ItH proieti In the Nihil illntilci aerenKltili- by warnm rond Inn only ulmut thirty feel further fur-ther to run to cut Hie . In. The .l itl l'!i;c d trlct nppi ars to be whlcnliiK out, new utrlkc heins re liorted In two new pint of die district, dis-trict, while lale arrhllln fiotll the dirt trlct are lnn-t eiiihuslaxilc In Ibeli opinion of the ramp'H future. liooil ore In being taken from the re rent rtrlke In the Yankee CoimolMat ed rotiipanVa mine. ai-cordliiH Ut r-Hirt r-Hirt from Tlnllp dlsirlet. and develop meul haa altnont detertiilued that a cood slope of ore may be counted Unin. Word from Manon, Nevada. Is to the effect that the MaMin Valley Mill Ing company has muile all prellml nnry arraniiements for Hip startltiK at work on their new smelter at Ws hiiHkn, a proamnion flnsuped recently In the east. The new smelter at Tooele City. I'toli, la proKremlng rapidly In spile of the drawhnrka Incident to seven' storms nti'l delay In getting bulldlns material. Several carloads nf ma terlnl are nrrlvlng dally and a force of :ti'0 men la at work on the plant. The ri'Kiilnr dividend of 30 centa a share ami an extra dividend of 21 cents a share were posted February 21, by the board of directors of the tiohlrield Conwillilati'd Mines com pany. The llrsl mmrterly dividend ol the year will thus bu CO cents a share.' Ileber t'Hy. I'tah. men who. work lag In what they supposed win I lull own Ciown Point pro)crty, made s atilke of rich gold anil silver ore In what proves to be ground nf the Ma )otlc Mines cnmpiiny, havo npplli d U that con.i'iiiy lor leaso on tb ground. The lotitlneiilal Alia tramway which has been lined by the Cotlllllhill Consolldaied company lo triiiiKport in ores from the mlno to Tanner's Mat has been wrecked by tnowslldes Ic an extent which will doubtless rcmill In Its being out of commission foi some lime. At the adjourned meeting of th board of directors of the Utah Con solldaUid kilning A lulling coiupan held In Halt IJike Clly. February 22 It was decided that work should bf commenced at once on the develop ment of the company's promising. proerty In the Tlntlo district. It Is now claimed for the IMttsburg Silver I'enk (lold Mining company'! mill at lllalr. Nevada, that It haa thi lamest number of stamps nf any aim liar mill In the entire atale. The ro cent addition of twenty atnmpa, ten of which have of late been put In rommlHslon, brings the mill's statue equipment up to 120. The year 1UU9 will show for thf t'nlled Btates Smelting, Refining Mining company operating results fill ly as aatlHfuctory as for 1 90S. when net profits amounted to $3.l17.!47 after af-ter .ril".6n! had been charged un fm deprvclailon. administrative and legal expenses, according to advices from esatern headquarters. That the treasury of the Daly West Mining company at the cloae nf last year contained more than 1100,000, and that net earnings of the first month of the new year were more than t-H.000 was ahown by too report of tho manager presented at the an nuat meeting of stockholders held In Denver on February It. Handling thirty ton of ore a day, and with plans fully matured by the lessees to bandle double that quantity of ore, the (Tialnnion mill at Kly, Nevada, which had buen Idle for many years and which bad only run a tow montlia during Its lifetime. Is again In full commission and la being bandied on a profit-making hauls. A report of a rich strike In lbs Prince Consolidated property at Plnche, Nevada, which was made about a month ago, but which had never been made public, was confirmed con-firmed a few daya ago. The atrlka was made on the fourth level, the vein being from twelve to fourteen feet thick, and the ore extremely rich. Report that work on the new railroad rail-road from Kly to (lolilfleld Is to be begun be-gun within the next sixty dsya la confirmed con-firmed by apparently creditable authority. au-thority. Capital haa been provided, It la said, by F. M. Smith of borax fame. Hankers and railroad men of Boston, Bos-ton, Chicago and New York have purchased pur-chased 30 per rent of the Issue of the Caledonia Mining company, whose property Is located near Wardncr, 1 italic The deal Involved the aale nf 400.000 shares, approximating r,D0.l)00. The Kly Valley Mining company, whose property la located In the 1M-oche, 1M-oche, Nevada, district, In sinking Its shaft from the IlOU-foot level to the depth of MO feet, has cut through n entirely new ore shoot which carries the best valuea yet found In tbe mine. Treating during January 2I.CSU dry tons of (ire, averaging $121)2 a ton, the OoldOeld Consolidated Mines company com-pany made an estimated recovery of 17:9.000. The total costs were $210,-320, $210,-320, the net earnings for tbe month being given at IS1U.300. |
