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

III.
lamp nave notified the operating com.
panies that they have no intention q,
asking for a raise in the wage sebad.
uie. They claim TO be happy and con.
tented as they are.
It may be noted that more tina,
80 per cent of the worlds production
OF coal is mined in countries living
north OF the equator. the countries
south OF the line contributing less
Than 100000 tons annually.
The Richard Ely, of Ely. Nevada is
operating churn drill at a depth of
900 feet The Stun from the drill hole
indicates a good showing OF conner
ore IN the bottom. The hole win be
driven to depth OF 1000 feet.
Considerable development work 4,
being done at this time In tho Cumora
and Olympia mines. located southeast
OF Burnley. fourteen miles from Albion
Idaho. The company has several car.
loads OF ore on the dump that assays
$3.50 to the ton in gold.
Orders have been given for the clos.
ing down OF the Honerine mine AT
stockton, just as soon as the present
supply of coal is exhausted. A direct.
ors' meeting will be held October 2lst.
at which decision will be reached re-
garding future operations.
On the Ely mining stock exchange
on the Goth, during a call of exactly
seventeen minutes, 14.500 shares of
stock were sold of the aggregate value
OF s3,e03-25. The selling was brisk
and snappy from the start, continuing
so to the end OF the call.
The National Development company
is fathering an oil company that will
undertake the development of about
1900 acres of land in the virgen City
field. 1t is announced that a first-class
drilling rig will be landed in the field
at the earliest possible moment.
Balakaiala copper stock has been
under selling pressure all the way
down to $40 from SIC, the selling orig.
mating largely from New York. Some
OF the largest stockholders have let
go, though the Guggenheims claim to
have their 100000 shares intact.
More salt was produced in the Unit.
ed States in 1906 than in any previous
year. and the value of the product was
greater than in any year since 1890
The quantity was 3,944,l33 short tons,
or 2S.172,3S0 barrels, valued at Sc.
65S,350, gain of 30s,S76 tons, or 3.
206,5SS barrels, over the production in
1906.
The worlds production of copper in
1902 was 1929 long tons. OF which
2s4, 423 tons, or 54.3 per cent, was con.
tributed by the United States. Com
pared with the previous year the
worlds output showed an increase,
Notwithstanding lower prices for the
metal. of 1,014 tons, or about pei
cent
Coal has been mined at more than
dozen places along the Yukon, and
at some of these places the mining
has been profitable; but no extensive
development of the coal fields in the
interior has been undertaken and no
work was bling done on the coal
claims of this region during the past
summer.
1t is stated that on the l00-foot level
of the Old Peacock mine in the Seven
Devils district in Idaho, the ore body
has widened out until there is now
more than million dollars In sight
The ore is more than $50 feet wide
and will average eight per cent COP
per. in addition to the gold and silver
values ii carries.
What is considered an importan
phase in the copper situation is thu
fact that China is again in the mar
ket for large volume of copper, de
liveries to extend over the next twelve
months. Already European agents for
the Mandarins back of the currency
buying movement have secured some
hundreds of tons for shipment to
After a full investigation Of mine
conditions and after going over the
ground at the mine, and. finally, after
having completed exhaustive tests on
the ores, Engineer Ernest Gaylord
Of the General Engineering company
has given his stamp of approval to the
methods employed at the Jennie Colo
Mining company's properties in the
treatment of the mines product
A Geneva newspaper states that
Professor Jolly has completed a geo
ogical examination OF the specimens
IF the strata collected in the borings
Tor the Simplon tunnel. He found
Itch traces OF radium, indicating
anger deposits than any hitherto dis
in Europe He believes that
he presence of these deposits caused
ae abnormal heat experienced in
the tunnel
More than so per cent of the total
production of coal in the United
States from 1914 to the close of 1906,
,r 3.540 900 900 tons, was mined in
The anthracite produc'
ion in that state amounted to 1854
zoe. zoe tons, and the bituminous out.
,ut was 1886, 926.0s2 tons Illinois
anks second. with a total production
II 594 .55l 1853 tons, and Ohio third.
With 4eo, s26. s3s tons.
< strike. which affects only the DAILY
Vest. Ontario and DAILY Minias com
,anies of Park City. was declared last
week. 600 miners going out TIE
,shse Of the strike. as stated by the
diners union officials, is unjust dis