The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-02-21
MINES AND MINING

The Round Mountain, Nefaua' 5'""N
exchange was formally opened ON the
9Th the event being followed by bag
banquet
Two companies have been organized
at Springyille. Utah, TO operate mines
In the Lee district in the Bulifrog
country. springville people control
both companies.
The Chicago Utah Copper Mining
company of Salt Lake, which owns
claims In the Morgan mining district
Morgan county. Utah. has filed arti-
Giles OF incorporation.
The Black Dolly Fire Clay company
, OF Salt Lake, which owns claims near
Pleasant Green and proposes TO es-
tablish pottery in Salt Lake City.
has filed articles of incorporation.
They have now a four and one-half-
foot vein OF coal at the Boren mine on
Trapper creek, In Idaho, from which
they are taking very good quality oil
coal. One streak Of 1t Is of the very
best grade.
Application for the appointment OF
a receiver for the st. Joe Mining COM
pany, which owns claims In the West
Mountain district near Bingham, was
made in a suit filed In the Salt Lake
courts last week.
A few months ago d. s. Lauterback.
Of New York snapped $4,000 shares
Of Jumbo Extension (of Goldfeld.
New, for an equal number of Atlanta
shares, losing. by present reckonings
about $4,000 on the trade.
A correspondent writing from State
line says that one OF the richest strikes
In the history of Stateline or south
ern Utah has just been made In the
tunnel being driven on the Liberty
property by John Erickson OF State
i line.
| tributing more to the welfare and ad-
vancement OF Nevada's mining indus
try than Utah, and especially In the
camps containing copper resources are
Salt Lakers active to most liberal
extent.
Professor Aughey, of the United
States geological survey, says: IL
expect a boom In the Lee-Echo (Ne-
vada) district during the coming
spring and summer, as the mines will
all be opened during that time, and
| 1t Is safe to say that there will be-
| even more rich strikes recorded than
| there were at Rhyolite"
| A number of parties have QUILTED
at Idaho Falls recently for prospect
Ing in the Birch Creek country. Not
all are from Idaho Falls, number
having come by train and QUILTED at
Idaho Falls. There are many more
who are delaying until spring in order
| to look the ground over without the
hindrance Of snow.
| Should anyone doubt the mineraliza-
ton OF the district of Stateline, that
ideal section that can be claimed
with equal right by both the states OF
Utah and Nevada, he would be con
WINGED in short order by gazing upon
| small chunk OF ore from the Big
Fourteen property. which plainly
shows rich In gold and silver.
The value Of the recent ore strike in
the Pot Wrestler mine Of the Dollar.
hide Mining company at HALEY, Idaho
is shown by two assays made last
week. One of the assays shows ATS
ounces Of silver. SO per cent of lead,
and couple of dollars of gold per
ton: and the other 1875 ounces OF sill.
yer. and 6 per cent of lead per ton.
The Lee district, in Nevada. is char.
acterized by an immense bed OF
quarzite from north to south for ap-
proximately fourteen miles and from
one to two miles in breadth. In color
the quartz is from light brown to black
and Its consistency runs from sugary
to compact Bands of light browf
and yellowish sandstone occur in the
| vein and run parallel to 1t.
A strike and stampede OF the male
population of Loyelock. Nevada, to the
hills at IL o'clock at night may result
In the founding OF a rich new mining
district south and east OF Vernon and
he Seven Troughs mining district.
Twety.four hours each day are de
voted to the work of installing the
new machinery being received by the
Lower Mammoth Mining company al
| Tintic.
Two years ago Albert 5. Watson
president of the Jumbo Extension, a,
Goldfield, New, which is Incorporated
at /, $4,000 shares. sold 100000 shares
at 8 cents. and little later another
100. 900 at 10 cents. He accepted SIS,
900 for securities that are worth on
the market about 100000 today.
The reason for the present extraor
binary price for copper is easily deter
mined. The production OF North Amer
lea In 1906 was only 80 per cent In
excess OF the production In 1905. while
consumption increased at consider
ably greater rate says the Engineer
ing and Mining Journal
The owners OF the Myrtle mine al
Pearl. Idaho. are jubilant over the
rapid development of that property