| Show AROUND THE MINES it Is said that the tha oron ore la Is accumulate ing at the utah smelters shelters sm elters at the rate of to tons a month over and abo above aboe e the ore treated utah copper ranks first in the amount of div dividends disbursed during the month of june chino chino Is second with and nevada consolidated third with ai alaska gold in june rallied milled tons assaying vs in may anaconda june pru production pounds copper vs in may in april and la in june 1916 1915 yankee consolidated has encountered another bunch of high grade in the humbug block of ground which the company Is working the average of the ore carried ounces silver with little gold and some lead lead returning from 13 boston oston he be conferred conferred with the directing officials manager A D moffat of the majestic mines company which Is operating several deaver beaver county properties says that considerable new work has been mapped out dividend disbursements by american mines and works made a record in june little short of 0 wonderful according to reports made to mining and engineering world sixty six ty eight comp companies autes disbursed among fortunate shareholders in june no less than at a special meeting of the directors of the gintic tintic standard it was voted to increase the capital stock from to proceeds s from fram the ibe additional shares will be bd used to purchase seventeen adjoining claims and nuance nance ift the new shaft confident that ore in paying ties will be b discovered along the contact the management of the cottonwood atlantis mining company the property of which is foca located in the little cottonwood district has started a crew of miners to driving in the tha contact tunnel the largest well or of the greybull wyoming oil field hasteen has been brought in by the greybull refining company it Is a gusher with a flow of 1100 box barrels dally daily andis and is close to the tw enty other producing wells which this company has bro brought in since it began operations about six months ago fifty properties classed as gold sll sil ver lead zine zinc producers paid in divi bends during the month of june of this amount forty companies operating properties in iii the united states contributed canada with nine companies disbursed and one one mexican company paid a dividend amounting to dividend disbursements by amerl ameri can mines and works made a record in june little short ov of wonderful ac cording to reports made to the mining and engineering world sixty eight companies disbursed among amon fortunate shareholders in june no less than this is only less than was wai paid during the entire twelve twelve months of 1908 fifteen copper companies made record disbursements in june h having divided among shareholders shareholder sno no less leas than this athis amount should te be inere increased to by reason ul the fact that the declara declaration tiou of the copper corpora corporation tiou was made from earnings fromet from its copper properties in alaska and not from its holdings in other companies high prices of metals during the tha last six months caused utah brodu era to put all available miners to work getting out ore says liy the united states geological survey bej reports received by j the survey indicate that no great increase in gold may be expected tor for 1916 but silver production has gained over previous years principally from bingham the accomplishment ot the mining industry in the six month period just completed warrants the forecast that 1916 Is to be a record breaking year says the director odthe of the united states geological eo logical survey in summing up his official midyear mid year review of the mineral industry as report reported ed to him by the government geologists dad and statisticians covering the different subjects with dividends paid in june by anin mining companies almost one third of what was paid during 1915 with metal authorities predicting 75 cent stiver silver in the near future with great britain i and the allies bargaining for halt hal f 1 a billion pounds of copper the attention of the investing and speculative public Is rapidly being focused on western mining issues in the of many mining men from rochester nov nev comes word that work will begin at once enlarging the mill of the rochester mines company the capacity will wall be tons the judge smelting smelling Sm elting company Is about to increase Ih crease its construction force on the new zinc smelter at park city to men and the work will be rushed to im an early completion shipments of first class ore from the camp 0 of f cintio the first six months of 1916 amounted to a total ot of carload this Is estimated at tons and valued at in round numbers this Is one of the tha heaviest kalf halt year productions ottola ls I 1 uta utah h camp in many years years the Utah copper company during durio tho the june operations broke all product the history of the company jore wore bore jore was mined and more copper produced than eyer before the company Is said to have in quick assets |
