The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1907-01-18
MINES AND MINING

AaSuA0s
Two new veins have just been
opened In the Talisman company's
Beaver county mines.
There is report in circulation to
the effect that the big assure for which
the tunnel on the Mcdonald Ely prop
erty, at Ely, is headed, has been
reached.
During the week total of 385,051
shares of stock with selling value
OF $272,471.75, changed hands on the
floor of the Salt Lake Mining Stock
Exchange.
Three new strikes of importance
were made at Vernon, Nevada, last
week. In one mine assays show val
ues of from $745 to $1776 in gold per
ton.
The Bleak Pearl mill in Boise coun-
ty, Idaho, has arranged for the install
lation of electric power from the
Boise-Payette power plant, and Is ex-
pected to be again in operation any
day.
The Tunnel Oil company, Of Vernal,
which owns oil placer claims in Gar
field county, Colo, and proposes to de-
velop them, filed articles of incorpora-
ton with the secretary of state of
Utah last week.
At a meeting of the directors of the
United States Smelling, Refining &
Mining company, held in Boston re-
Gently, 1t was decided to place the COM
mon stock of the company on Z per
cent dividend-earning basis.
For 1906 the United States produc-
ton of copper will aggregate 975,0OO,-
900 pounds, an increase of only about
per cent over 1905, which compares
with an increase of 10 per cent in 1905
over 1904 says Daniel Guggenheim.
Senator Clark, of Montana, makes
the prediction that the figures for 1906
will show an increase in copper pro-
duction of probably less than per
cent The average price will probably
be in the neighborhood Of 1914 cents.
There Is a disposition on the part Of
the Seven Devils miners, who have
heretofore done all their railroad bust
ness at Council to wait for the COM
ing of the Huntington road down the
Snake river, and cut Cuncil cold, as
this road will be much nearer to them.
Lemhi county, Idaho, has suffered
much through mining inexperience.
There are today about 600 stamps in
the county, of which only about 100
are in operation. The others have
been put up on mines where the ore
proved to be too base for stamp mill
treatment.
Lemhi county Is one of the most
favored counties in Idaho, or in the
whole west, in its coal deposits, 1t is
claimed. The deposits are known to
be very expensive; probably they
will prove even far larger than now
anticipated, when the country is prop
erly developed.
By virtue of a compromise effected
last week in Salt Lake City, between
James McGregor and the directors OF
the Silver King Mining company, all
former differences existing between
these interests are buried, and new
era dawns for all Park City within the
very first week of the newly born year.
Blast furnace Stag is piling up In
vast quantities at all OF the smelt-
ing WORKS in the western mining
states. 1t cannot be said to have be-
come a nuisance as yet, for the dumps
cover only very small area, and they
are not the menace to agriculture
and other industries that tailings piles
are. 'Their worst feature is that they
represent a by-product for which as
yet no use has been found, says the
Mining Reporter
Thirteen cars loaded with Goldfeld
ore. valued at $7.O00,000, arrived in
Vallejo Junction., Cal, on the 18th,
where it will be treated in the reduc.
ton works and turned into shining |
bars of gold and silver. Each car con
tanned 100000 pounds of ore, carefully |
sacked.
A mine opened in an absolute wild
erness that in about two years pro-
duces approximately $2,5OO,O0O worth |
of ore from less than 10 per cent of |
it's whole area at an expenditure OF
only $225,0O0, must merit the conf
dence of investors. Such mine is
the Nipissing.
The mining district surrounding the
little old town of Ida, New, is COM
ing to the front with rapid strides,
and in spite of the former days OF
greatness at Ida when the camp was
one Of the most active in the west,
the future bids fair to hold still greater
things.
Quartz shot full of free gold, rock
picked samples of which would I'M