Montpelier examiner. [volume] (Montpelier, Idaho) 1895-1937, 1908-09-18
MINES AND MINING

fa1l at the Hercules mine, south OF
Burley, Idaho. The smelter will be
Of Bottom capacity, and win cost $685.
900.
The Gold Point Mining company.
on Red river, in Idaho, has ordered |
a Acton capacity Chilian mill, assays |
of ore taken from this property have
run as high as $500.
A big Pennsylvania coal mining
company will erect an extensive plant
10 treat railroad ties and other tim
bers with creosote and zinc chloride
70 extend their life.
A Los Angeles, California, banker
has within the week announced that
his bank will consider standard, first
class mining stocks as good collat-
eral security for loans.
The total value Of the exports Of
iron and steel (not including Oral for
the past fiscal scar Is $143,982. 1872.
which contrasts Interestingly With
1881, 53o,S71 in 1907 and $16S,9s4.9 85
In 1906
Mason valley stockholders took all
but 500 shares of the 10000 shares Of
treasury stodk recent3N offered by
the company at 81, and underwriters
will receive only the small amount
mentioned.
The payrolls or the camp of Ely.
Nevada, now aggregate S175,000 per
month. This, of course. covers the
country from the Veteran mine of
the CumberIand-Ely company to the
mills and smelters at McGill.
A power plant for Alta district,
Idaho, is about to be built by a syn
dictate of Alta operators. 1t is to be
built on Little Cottonwood creek,
about two miles below Alta and will
develop from 300 to 400 horsepower.
From the Seven Troughs district
comes word that the Seven Troughs
Eclipse company's new shaft has cut
an ore body which leaves no room to
doubt that the property is to become
one Of the leading producers of the
district.
The estimated production of the
Butte mines for August was 25,317..
700 pounds of copper, a decrease OF
917,600 pounds from the July output
hut with the exception of July and
May the largest yield Of any month
Of the past eight.
Mining activity in the vicinity OF
Death valley, which in the heydey OF
the Greenwater and Skidoo excite
ments was booming. has sunk back
| to the dead-level of the lonesome
| days following the farewell of the 20
mule borax teams.
Michael Sweeney of Spokane, who
recently acquired control of the
Crackerjack mine In Buffalo Hump
has force of 80 men at work on 6
wagon road between Buffalo HumI
and Orogranda, as he is preparing tt
open the mine this fall.
While removing a huge rock which
was in his way, G. P. Johnson uncov
cred ledge which promises to be
one of the richest discoveries in tbs
Blacktail district of Idaho. Specimens
showed it to be extremely rich II
gold, silver and copper.
Gold Valley is the name Of a new
mining camp in the Gold Belt Mining
district, about % miles southwest o
Hart and IA miles southeast of Gina
on the east slope of the Providenc,
range, in Nevada. Quite a rush i
now on for the new camp.
i bfo Tu ayn5ioofa hos fob
over the Colman borax mines In tn
Belleville, Cal, mining district.
working capital in the sum of $4,000
is to be provided, of which sim $50
600 will be forthcoming at once. wit
which to start development work.
Word from Chafey. the new N,
yada camp. shows how quickly none
can be made there On one propert
Mr. Chafey and his associates drov
sixty-foot shaft from which the
each cleared 81 400, after paying a
the expenses incident to the work.
The Steptoe smelter is now maxim
from fifteen to twenty tons of bliste
copper a day, and has made as niue
as thirty-two tons in one day. Wit
4 unit and a half in operation, tn
amount Of ore that is going throug
the concentration is 1000 tons da.
The Sunbeam, at Custer, Tdah
shows ledge It's feet wide, carryin
an average value clear > across {
close to So per ton. Streaks occt
which yield as high as $4,000 per to
The ore is absolutely free milling an
the property is a marvel of richnes
J The Stewart mine, near Wardne
I has been financed according to new
from New York. where the stock
/. the United Copper company hs
} taken a storing rise, based on the b
!. lief that F. Augustus Heinze has bee
able to finance the Stewart, the Oh
and the Davis-Daly properties wit
!. out losing his grip on them.
2 Coal exports have greatly increase
If the last fiscal year, the total walt
q being $39.355,7 59. as compared wit
n s34 ,727, 762 in 1907 and $2S,216,376
r 1906. OF the 1908 exports Canat
| 14aI - @I.a lao Of Qo0 "a