Mountain Home maverick. [volume] (Mountain Home, Idaho) 1906-1911, 1907-02-14
MINING PARAGRAPHS.

Sal district of Utah
Fears of slides at Alta are being
entertained, though it is not be-
1ievcd that the snow has drifted
enough yet to cause any great dam
age
The management of the Utah
mine at Fish Springs is slowly but
surely penetrating the workings cf
the property, which so recently
were Quilted by a fierce fire.
1t is estimated that no less than
s, O85 men are employed in the min
ing industry in the Occur d'Alene
district of Idaho The lowest wage
paid to any mine employe is S.. so
per day
Directors of the Amalgamated
Copper company OH the 18th de-
clared the regular quarterly divi-
dend of IA per cent and an extra
dividend of J of 1 per cent. This
is unchanged from the last previous
dividend.
Splendid progress is being regis
cred upon the concentrating plant
destined to handle the sources of
the Utah Apex and the Red Wing
properties, the foundations being in
and the tinbcrs we'll up. 1t is ex-
pectcd that the frame work will be
completed within the coming two
weeks
William Stephenson, chief chem
list of the Wcimcr Copper company,
whose mines are near Kaufman on
- L.
with some of the leading citizens of
Idaho Falls last week on matters
pertaining to the possibility of the
erection by his company of smell
ter at or near Idaho Falls.
AS an evidence that the recent
fire at the Utah Mine company's
property in the Fish Springs dis
trict, Deep Creek, has not inter-
fcrcd with production, the manage
nent announced last wsek that it
had just pulled down a check
from the smelling company for
SIS, So, the proceeds from one
carload of ore.
On the Old Chunk property in
the Atlanta district of Idaho, an ex-
tension of the great lead on which
the Petit is located, a rich strike
has been made This is the prop
erty that was being worked by MIR.
Spaulding when he was caught and
killed in a snows1ide. The proper
ty is now bonded by w. S. Brown.
The Dark Horse mine in Idaho,
on the divide near the Montana
line, is proving sensational. 1t
Cl- 1 IF re
ries 60 per cent of copper. The
stock of the company has risen to a
high price, and some men who took
their pay in stock have been made
comfortably rich by their invest
Inents-
The stockholders of the Nipis-
sing company, assembled in the
east, did Samuel Ncwhousc of
Salt Lake the distinguished honor
of selecting him as the executive
head of the company, and late We'd
ulcsday Mr.. Newhouse received of
fetal announcement of the fact that
he is a director and president of
this famous mining organization.
A we1l-defined report is in circu-
1ation in Goldfield that q gigantic
merger of mining interests, includ-
ing the Daisy, Triangle and Great
Bend, is in process of formation.
The interested parties refuse to
discuss these rumorS. William ] i.
Brewer, who controls the Tri-
angle, admits that an eastern syn
dictate is seeking that property.
Manager Grant Snyder states that
conditions are gradually improving
at the Observation-Disclosures compsny's
property Ores rang ing all the
way from SIS to over 5000 per ton
in silver and gold have been coming
from the No. tunnel, and the
average of between three and four
feet of ore in the face is better than
$50 ton
A large body of sulphide ore was
recently encountered on the 400
foot level of the Osborn mine at
Horseshoe Bend. This discovery
made at this depth, which is about
200 feet below the bed of the Pay
cite river, and about 1000 feet
deeper than the deepest mines of
x-A,-f, or, h. same h>lt