| Show AROUND THE MINES MIN ES production of t the 16 mines of tonopah he past week totaled tons valued at the ore now coming from the grand 3 la Is averaging 60 to 65 a ton mainly in copper it Is announced that diamond drill aole no 7 at the emma copper in ia in more than feet and has penetrated ten feet of ore it is expected that eighteen different mines and prospects will continue per eions all winter in the american fork district in utah unusual mining activity is reported erom deep creek duo due to the actual construction of the forty five mile branch line from wendover hauling of ore has been started I 1 rom the property of the deseret mountain loun tain abines company thirty siz six miles southwest from eureka it is given out that the eureka bullion mining company will start sinking operations about november 1 this new company took over the grath ground in east tintic moab is the center of tiie the vast section of utah and the beginning of production will mean much to that hat section many local people own cranium vanadium claims the superintendent recommends that a hoisting plant and compressor oe installed at the antelope star ac to officials als and this equipment will probably be put in directly reports from indian queen officials are that the third carload of ore is now in transit and a fourth is being loaded this ore is coming from the aid id indian queen tunnel which is in about feet old emma emilia leasing company filed copies of its articles of incorporation last week the company is capitalized d at and its declared purpose is to own and lease mill sites water rights and terminal facilities it is reported that the old mammoth mining company is now employing a force of men and that the production is being increased the ore is now coming the and down as deep as the 1500 foot levels the hoosier boy of beaver county utah at present is cutting out a sta ion on the level from which drifts will ivill make out into the fissure tills this work will require about ten lays days when the drifting for the fissure will be up utah stockholders in the ohio copper 1111 mining ning company are still in the dark as to what is being done in the matter of the foreclosure proceedings or the reorganizations with a view to saving the bingham mine and mill to he stockholders reports from new quincy ar ai park city are that tor for some time the mine has showed steady improvement in ili the west workings a raise is now up tn twelve elve feet in ore here the ore is exported making out strong into the idestone im estone bedding one of the officials of the lehi tin tic said last week that the last word from the property in north tintic gintic Is that superintendent george nicholes choles Nl a now making four to five feet dally daily progress ro gress in the right hand tunnel this is in about 2200 jeet feel the michigan utah has at least tons of ore filling the ore blus bins at tanners flat and dumped on the ground accord according ing to general manager A 0 jacobson shortage on teams to coney the ore over over the three and one halt half miles to wasatch has caused this accumulation according to officials of the companies may day now has a cash reserve of about and the lower mammoth something like may day paid a 3 cent dividend february 25 and 2 cents on may 25 or 30 30 far this year this brings its total up to indictments have been returned against several brokers trading on the new york curb market based on complaints made to the district attorney by george graham rice another broker that thai there was a conspiracy to force down the prices of the stock of two mining companies in which he was in er crested ested limitation of levies on account of he change in the system of taxation in n utah has decreased the taxes paid by mining concerns of the state approximately for 1916 while all other lines of property has in many instances been materially increased crease d according to a statement issued by the state 0 oxe equalization information given out in boston is that the earnings of united states smelting smelling Sm elting for september and the first lort fortnight night of october have been running about per cent ahead of july and august in other words united states smelting smelling Sm elting is now earning at the rate of between and as s compared with the low water av arago this year of close to for ho he two summer months it is reported that the greybull oil bold beld of wyoming has in unfilled orders for cars to transport the oil now flowing and pumping shipments of ore from the mines of untie last week totaled carloads this is estimated at tons and valued at it is compared with carloads the previous week this is the largest tonnage put out by the camp since bince last june the capitalization of the laclede mining company which owns and la is dev developing eloping the laclede mine near the hercules holdings at burke idaho was increased from oooo shares to shares at 1 each at a recent meetings of the stockholders in Wall wallace nce idaho |
