The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-10-31
MINES AND MINING

oya on the Marshall lake seclion'
Idaho. In addition to the iichheSS ~
its ore il is free milling ana can 10
worked cheaply. Timber and water ioi
all purposes is convenient
Advices from Boston are to tne ei.
foot that a prominent copper producer
who is in close touch with the SITUATION
saws Calumet & Hecla is shipping cup.
nar to Europe in large quantities IL
anticipation of big buying movement
excitement is running high over
report of the richest strike ever ma
in the Goldheld district. me S'iiAo
was made in the Frisco Goldfleiu hiine'
two and half miles south OF the ci'y'
and the ore is said to assay $loo'oo' ~
the ton.
w n Clark of the Nevada HIS mas
another bonanza at Round Moun'a,n'
thirty miles north of Manhattan 'he
snbinx Il is strictly gold properly,
and absolutely free milling, ana MN
is to be installed at once 10 man 'i'''
ture gold bricks, .-
acids. aqua regia, or alKailhe soiu'io-7'
If can be drawn into tne WIRE haFhie
a tensile strength greater than sou
steel. Tantalum is now elhPioyo"
principally as filament in an elec'iio
incandescent lamp, which was put on
the American market in 1906.
The Amalgamated Copper company
IN the 14th declared a quarterly dlVl-
dend of / per cent, as compared WIN
a dividend of 2 per cent, for the last
previous year This MAKES the ahhuai
dividend rate per cent, as compareu
with 8 per cent the previous year
According to advices from Goioheiu'
a shoot of rich ore has just peeh eh-
countered on the third level OF the heo
Ton mine In a drift which was started
south in the big vein on a seam OIL
good ore. Samples of the new find re-
semble the high grade of the Moha"h'
There is a disposition in certain MIN
ing circles to contest the LEGALITY vi
the law passed by the last legislature
regarding the special mine corporation
tax. 1t is claimed by companies OWN
ing properties, but not now operating
the same, that their organizations are
subjected wrongfully to double taxa
ton.
Pessimism on copper both as 10 the
metal and to the different corporation
stocks based on that great COMMONLY
! is apparently on the increase, notwlth-
| standing that sentiment has ben con
tinuously adverse to copper for many
| months The copper meal Market
shows no signs whatever OF improve
ment
The capacity of the Sunnyside mill
at Round Mountain has been more
than doubled within the last month
and the daily run is something IKE
forty tons, with a proportionate larger
output in bullion. On the 2o0-foot
level a fine body of very rich ore has
been opened up which shows free gold
plainly
The Ubehebe district, to the north
of Death valley, is to have railroad
The road will run through WILLOW
Springs wash to Sand springs and will
be accessible to all the mines on the
south side of Gold mountain. 1t Will
also be within striking distance of
Tule canyon, Revenue and the old I'm
Gle Sam mine
During 1907, according to statements
emanating from Wall street, twenty
seven railroads have deprecated 1891,
319,720, and twenty-three industrials
deprecated to the extent of $343, 1861
01S. The Boston News Bureau now
states that during the same period
forty-six copper companies have de-
preciated s526, 100000,
Some remarkably rich ore has re-
Gently been discovered in the Dead
wood Basin district of Idaho, assays
showing as high as 1921 in gold and
silver, the veins being large ones.
Specimens of the ore show rich in lead
and silver, some Of it containing al
most native lead The claim is 80
miles from Boise, 40 from Placerville
and % from Knox
l.. A. Friedman, the father of the
Seven Troughs district in Nevada, is
to build a mill of ten or twenty stamps
in Seven Troughs canyon. The con-
struction of the mill will be pushed
with all possible vigor. Sufficient water
%" the operation of such a plant has
been developed, and the development
of the district will be materially aided
upon its completion.
One of the most important strikes
made in the Goldfeld district during
the past six months developed a few
days ago on the Victor, adjoining the
Gold Bar on the east and the Hat, one
of the Blue Bull companys claims on
the west. the ore running $50 to the
ton.
One thousand tons of ore averaging
800 per ton is the shipping record of
the Montgomery Shoshone for the
month of September. This means a
valuation of 100000 in a single month
and If the same shipments are main.
tanned an annual valuation of $1,000.
GOO
The Little Florence Mining com
pany has found the extension of the
rich lead beyond the fault line on the
4oO-foot level, adding thereby an ore
chute loo feet in length and $50 fee,
'H"'i''lv to the already large wealth
OF gold blocked out. says the Goldfeld
Chronicle.