The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-01-23
MINES AND MINING

IN the value OF its output
Ore shipments from Park City for
the week ending January II. In
pounds. were as follows: Silver King
sl7.76o: Daly-Judge. f75,o00; DAILY
West. 100000: total. l.7s2.7 pounds
The total production of copper In
the United States for 1907 was no,
far from $4,000. 900 pounds. valued al
slSl.sl6.0o0. which is equivalent to
nearly so per cent of the worlds sup
ply.
In December Utah mines are cred.
tied with a production of $500, 0o0
pounds of copper. as against 10000,
900 for November The December
lead output Is given as le.750,0 00
pounds.
One hundred and twenty miners
left Salt Lake on January 7 to work
in the mines of GoldfeId. Most OF
the men were miners who had lost
their position as a result OF the close
down Of tie Park City mines.
II the United States continues to
multiply its production of gold at the
rate It has In the last seven years.
that Is. from $6.00o.0o0 to $4,000, 900
per annum. II will not be long before
the Transvaal will have to forfeit FIRST
place.
The year 1907 will long be remem-
bered by the mining industry for its
six months OF unusual prosperity,
three months of relaxation and three
months OF surprising depression,
writes c. &. Schatterback OF the Min
Ing World
The whole camp OF Yerington. Ne
vada, is rather quiet, but practically
all the large companies now closed
down. with the exception OF a few
men each. are ready and equipped for
the old-tme activity as soon as the
word TO start Is given
The Soddy Coal company. operating
mines and coke ovens at Ratnburn,
sixteen miles from Chattanooga,
Tenn, has closed down the plant and
about 100 men are idle. The men
resisted proposed reduction in
wages amounting 10 10 per cent.
An injunction restraining the Mon
tana Mining company, Limited. from
mining the compromise strip" during
the pendency OF the suit concerning
Its possession. In which the St Louis
Mining e. Milling company is the
plaintiff. was granted by Judge VIII
liam I'll. Hunt of the federal court at
Helena last week
Undoubtedly the most profitable
branch Of the metal mining industry
in the United States is copper. judg-
Ing by the fact that twenty-seven Of
these properties have paid dividends
amounting to the large total OF $780,
4O5,42S for 1907. The average return
for the year was about 2s per cent on
the outstanding capitalization OF yl7s,-
765,27s.
Bullfrog papers announce that the
Builfrog Leasing & Milling company
expects to have its twenty-five ton
cyaniding plant In commission by the
first Of the coming month. This com.
pany owns a lease on the Bullfrog
Pioneer group, and the officials expect
by the close of the year to have a
plant capable of treating $50 tons OF
ore per day.
Representatives OF the shelter
trust have announced that they are
now prepared 20 take all Goldtield
ores offered up to 500 in value. and
pay cash therefor On ores running
higher they will pay 500 cash and
the remainder in forty-five days. En-
couraged by this new ruling OF the
smelter trust, several mines are pre-
pairing 10 start up.
Heretofore the borax supply for the
whole country has come out OF
Death Valley in Nevada, and IL was
understood that little borax ground
was to be found elsewhere. Now
Harvey county. Oregon, has entered
the field. and II is said has a large
area Of very rich borax deposits. aud
several different companies win begin
work In the spring.
The BuIlfrog district OF Nevada Is
full of two things. one being Iow-grade
gold ores, the other being rumors OF
concentrating plants. The camp dis
unctly Is a milling camp. and II will
be only by the installation of mills
that stockholders in Bullfrog mines
will be able TO secure a substantial
return on their Investments, SAYS the
Salt Lake Tribune.
A gratifying feature of the last year
has been the payment in dividends OF
sl75.5l2,7i7 by 1877 concerns affiliated
with the mining and metallurgical in
dustries of the United States. Since
their incoi poTstion these 157 con
Germs have declared In dividends the
fabulous sIm OF sl.4s7 .132. 552. which
is equivalent to about IS per cent on
the outstanding capitalization of 81
702 046.4s2
A new oil company was organized
In Utah last week under the name Of
the Juab Oil and Pipe Line company.
Their wells will be at Jnab station.
on the line of the Salt Lake Route.
where all experts who have visited
the country are sure Of favorable re-
suits
There are fully LOO people in Raw
hide. Nevada. now. plenty OF all sorts
OF stores have been added. and the
camp Is prosperous. The sale Of lots
In the town began last August. and
some lots that sold then for $40 each
are now commanding prices as high