The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1907-12-12
MINES AND MINING


at Bisbee, Arizona, has already caused
$4,000 damage. and all of the open
lngs OF the shaft have been bulk-
headed in an endeayor TO smother the
flames.
After many vexatious delays the
manager of the Boston Nevada COM
pany has the old Whitney mill, at
osceloa, New. In running order. and
Is now grinding out fifteen tons OF
first-class gold ore daily.
Recent Salt Lake advices are TO the
effect THAT for the current month the
Utah Copper company will report
refined output OF approximately 5000
900 pounds. secured from the daily
treatment of 370O tons OF ore.
On direct orders from Samuel New
house the Cactus mines and milling
plant OF the Newhouse Mines Il Smell
tiers corporation are to be operated at
capacity again ard Superintendent A.
ID. Moffat is now marshaling his
forces.
Out of three wells In the Virgin
field that have reached the hrst
stratum, all three have struck oil
Several other wells should have been
to this initial straum long ago had IL
not been for misfortune In handling
the equipment.
The production OF both gold and
silver In Arizona In 1906 was in ex-
cess OF that In 1905, according to the
statistics collected by the United
States Geological survey. The gold
production amounted to $2,964,6S3, an
increase of $165469
One mining section Of Idaho that is
not feeling the present slumpy ten
dency throughout the country Is the
Spring Mountain district of Lemhi
county. There are eight producing
mines in the district, the ores carry
ing lead and copper.
The directors OF the Goldfield Con-
solidated Mines company, after ex-
tended discussion of conditions, both
local and general, voted to pass the
dividend for the current month. This
conclusion was the result mainly OF
local labor conditions.
OF the Ohio Copper company when
ready for commission, will illustrate
perfection In the modern metallur-
gist's art Is the opinion Of David
Keith, president OF the Silver King
Coalition Mines company.
The value of the coal used in the
manufacture of coke in 1906 was $62,-
232,524. compared with $50,G14,674 in
| 1905, considerable difference In
value as compared with quantity. In
! 1905 the average value per ton was
$t02, and in 1906 it was SIP.
In recent months there has been
quite falling off in the imports OF
diamonds produced originally in South
Africa, Brazil and elsewhere, and sold
| largely through dealers in Great
Britain, Holland, Belgium and France
Reason for the smaller demand may
be found In the reaction in business
generally,
The Hannapan Mining company,
which has been developing its prop.
erty at Hannapan, about eighteen
miles east of Tonopah for the past
FIVE years practically without inter-
ruption. las closed down for lack of
funds, and the entire force of work
men were discharged with three
months wages due,
The Iron Trade Review says: With
improvement in financial conditions
there Is more hopeful feeling in the
iron trade, and there Is also increas-
ing confidence that when bottom
prices have been struck there will DO
buying movement of considerable
volume, but in actual transactions
there Is little Improvement.
The curtailment Of raw iron produc-
ton. which Is the first step toward
reducing the output OF finished iron
and steel, has started in sharp and
decisive way. II began in the last
week of October, and up to date over
fifty furnaces have been blown out
reducing the weekly productive ca.
pacity for pig iron 10 per cent.
Ore and bullion settlements in the
Salt Lake open market for the past
month, as reported by Mccormick &.
Co. amounted to $l,929,000. as com.
pared with $3.0l2.000 for the month
previous. The falling off is due en-,
tirely To the tight money situation and
the refusal of smelling companies to
accept the usual tonnage of ore.
Statistics collected by the United
States Geological survey show that
Colorado still outranks any other
state or territory in the Union. in
Guiding Alaska. in the production OF
the precious metals, despite the fact
that the gold production of the state
In 1906 fell short nearly 100000 OF
that of 1905, the precise figures be
ing. output s23.210,629. decrease 81.
Si3.34l
A report Is current that the OF
strike in the Cedar City company.
well In the Virgin river field is full,
as important as that made in the Rhy
olite No | well, from which as mucl
as 100 barrels have been pumped IL
one day without learning it's real ca
pacity.
The suspension of construction b,
the Balaklala Copper company at Co
ram. Cal, which was reported recent
y. appears to be due chiefly to lael
, OF funds. It being stated In a circula
, letter TO It's stockholders that the es
Inmates OF the engineers have beef
exceeded.
, J. d. Hawkins. general manager O
hA lodi a II