The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-05-16
MINES AND MINING

The mining outlook for HALEY and
vicinity is brighter this spring than
II has been before In fifteen years.
A membership on the Salt Lake
Mining exchange sold last week for
Ssfo. the highest price for several
yeas
The average price Of electrolytic
COPPER as figured by the Engineering
and Mining Journal for 1906 was 49,
rs. while Lake averaged 1876 cents
Regular shipments are being made
from the Croesus. at HALEY. Idaho.
and II is estimated that there Is over
81 .000.0 of high-grade ore In sight |
bid OF 25A cents was made and
refused In Boston one day last week |
for several million pounds Of copper
deliveries extending over two or three
months
Heinze. the Montana plunger. re-
Gently paid 100000 for the Gold Hin
mine, In Deep Creek. and is preparing
to erect an immense reduction plant
for the property.
There Is quite a boom In the ioca-
lion of mining claims along tho Birch
creek and Lost River ranges. IN Ida
no, and some very promising discov-
cries are being made.
The closing down Of the min at the
Honorine, OF Stockton, as . result OF
the accident to the big engine. VIII
not affect operations at the mine.
That will be kept running full handed.
The Montgomery Shoshone, long
heralded as the best mine In the Bull
frog district, has again struck rich
ore, this time in the bottom OF the
triple compartment working shaft, at
a depth of 40 feet.
By purchasing an extended line OF
powerful and upto-date equipment,
the Yerington Malachite Copper com
pany has taken the first step towards
| turning daylight into the depth Of its
Yerington possessions.
At the Horseshoe creek coal field.
twenty-five miles east OF st. Anthony
in Fremont county, Idaho, important
1 developments are now in progress and
the past winters work has produced
some fiattering results.
A big copper strike has been made
on the Joe Moore shaft. at Dolly Var
den, at a depth of 115 feet. The as
says have not been returned. but II
| is believed that the values are the
highest yet found in the camp OF Ely
During March there were 100000
pounds of copper exported from the
United States at an average price OF
GAG cents per pound, or exactly one
cent more than obtained for the %,
100000 pounds exported in February
The Moscow Mining and Milling
company has been organized by prom
a {4enf Utah mining men md capt.
h toi tSlEe e4l ~ urnlng Mos
I: a. - ftlpU in thu
~ IN county
= 6uapi|et is risin,
q kth. ten = iespects the meta
and copper stocks. All the big produ
GERS are holding firmly at highest ash
ing prices, and all bids of even fraf
ton under these prices are turne
down.
The Potosi mine at Silver City, Ids
no, is showing up well. Extensiv
development work is being done o
this property, which is one Of IN
oldest mines In the camp. but whic
has been idle for many years. unit
recently.
The best news that has come froi
the Carrie Mack property of Dugwa
for many day was received by Ii
Salt Lake officials of.the company la
week, and 1t brought the word that
strike OF very fine proportions ha
been made
II Recently the Tonopah company,
| IOHupd0s 2SSfaun, FaAu 10 fNees'
quarterly dividend Of IS cents shar
aggregating s35o.00O. 1t was Official
announced that the next quarterly {
vidend will be so cents a share,
$500 900 In the aggregate.
The manager OF the Pittsburg-S
yer Peak company's properties
Blair, Nevada, reports that the mil
is opening up In a manner that |
ready assures its being ranked as q
biggest gold mine in the Unit
States. Work on the new 1Qo-stau
mill is being pushed as rapidly as d.
! and night shifts can do the work.
The constan, draft on the "econom
force" of the geological survey ma
! by the large mining organizatio
which offer the government expei
!. much larger salaries than they q
, frsm the government, is seriously !
D. pairing the efficiency Of taat bran
y of the service, says report on the
D. vestIgation Of metailiierous ores
= 1906.
a The recent washouts upon the s.
y Lake road and the fact that the 70
" through from Goldneld has only u
been completed has caused San Fra