Show AROUND THI THE MINES A new york stock exchange s seat eat sold last week for T lopahs Tono 0 mines during the past week produced a total of tons of ore valued at says the tono pali pah miner after being shut down for four days on account of shortage of water the daly west mill at park city utah has resumed resu nied operations metallurgical companies had a fairly prosperous ious quarter and were able to disguise dis buise dividends totaling since incorporation dividends have been paid totaling what promises to make a new producing gold mine mill for utah is the fortuna gold queen which according to accounts from beaver county has opened a 10 foot ledge of excellent ore stockholders of the united company met last week and voted in favor of inci inciting ging the companas comp anys property with that of the proposed goshen side of the range under the south end of the gintic tintic district directors of the may day company met at salt lake and declared a III dl videna of 2 cents a share the last for this same amount was paid february ag the company has in the treasury and a 2 cent dividend requires on the blue ribbon gold mining lining IN companas comp anys property in Jar loose mining district the work on the shaft is down twenty five feet the ore has improved very much surface assays essays show a ton and at greater depth ept show 20 oi oie e A salt lake paper says some of the local brokers are getting into hot water over emma copper stock which has been floating about on which the last assessment has not been paid one broker sold shares before he discovered ins its predicament george graham rlee rice probably the most famous mine promoter today in the united states author and editor of the new york mining ning age was in utah last week to make a personal investigation of various mining properties in the alta and big cottonwood camps reports are sent in from coal canyon nine miles east of lovelock that a rich gold strike ha a new nevada rush rock broken fiam out droppings crop pings is said to be wonderfully rich tonopah To winnemucca rochester lovelock and other camps are furnishing the crowds it is the expectation to have th tha plant of the park city mills company in operation with the new holt dern roaster within the next thirty to forty days for some time the machinery and plant in general have been undergoing changes and repairs the new nev roaster will have a daily capacity 0 of thirty five to fifty tons S 0 porter superintendent of the lamar property located twelve miles from morgan 11 organ utah reports to stockholders that lie he has opened a vein carrying values in silver ilver fo lead and gold samples assayed 2 in gold 5 per cent lead and 2 ounces silver the force has been increased on oil account of the discovery that bull valley in the extreme southwestern corner of utah will in time develop one or more producers is the opinion of most practical mining men who make an investigation of this new gold camp which with a little three stamp mill has the past few months hammered out to in the yellow metal in summarizing the dividends paid during the first quarter of the year by american mines we find that the seventy companies paying dividends in this period have total declarations to their credit of this was made on an issued capitalization of or in excess of outstanding capital three utah mines figure in americas 2 march dividend list judging from reports the mining and engineering world says it is apparent that better times are in stoie for holders of stock in american mines and works A careful compilation from these reports shows that seventy companies paid dividends during the first quarter of the present year amounting to in well beyond the two mile point after having been advanced between and feet during march the snake creek tunnel at park city utah is being driven steadily onward this is one of the largest and most interesting pieces of development work ever undertaken in park city what is believed to be the continuation of the bonanza ore shoot of the old emma slope that produced more than is the objective of the crosscut being driven from the flagstaff tunnel by the emma copper company the claims of which are located su in the alta district near salt lake when a spark from the dryer fell fel into an open oil barrel a conflagration ensued at silver city utah which resulted in the complete destruction st or of the new knight christen sen mill tho the loss ib estimated at to having financed the company the management mana geme ait of the palonia of beaver has sa sed a full aull hoisting equipment and forwarded to milford utah it will bill be installed at once and tho work of sinking fiam the to tha and later to the will be started the united states zinc company controlled by bythe artlie american smelting smelling Sm elting refining company has added a second smelter to its equipment through ugh the purchase pui chase of the tulsa smelter at sand springs okla its other smelter is located at pueblo colo |