The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-05-14
MINES AND MINING

It's mine IN beaver couuty On Mon1Ay
morning
The amount OF business done on
the Salt Lake mining stock exchange
during the month OF April was lit
tie over one million dollars. 2.212,Ts5
shares OF stock changing hands.
The long task Of draining the On
tario mine at Park City Is nearing
the end, and IL is expected that 1t will
be only a short time now until the
men are exploring the 1900 level.
At the annual meeting. held last
week at Butte. of the Boston 4 Mon
tana Consolidated Copper & Silver
Mining company stockholders. the old |
board OF directors was again chosen.
During the month Of April the ore |
and bullion settlements In the Salt |
Lake market, as reported by McCor-
nick & Co.. amounted to $l.2S4.0o0.
which is about $4,000 more than the |
record for March.
A $40 token issued by the Cfncin- |
natl Mining company in 1919 was
sold at auction In London last week |
and purchased for an American at
$2,I75. There is only one other SINH
lar token extant.
Wagons are now being taken
through the snow right into the town
of Alta, according to the latest re-
ports from that camp. The snow Is
disappearing more rapidly this spring
than for many seasons past.
xxf qnxvl-
ties at the mine and mill of the Con-
solidated Mercur company AT Mer-
cur, Utah, the company rs now pound
ing away to splendid purpose. Dur
ing March the output of gold bullion
was valued at $4,000.
Leading authorities assert that the
consumption of copper in this country
has increased from 15,000,000 pounds
per month last October or November
to 90, 900 90 pounds. A normal month
ly consumption in prosperous times Is
from 100000 to 100000.
The senate committee on mines
and mining has reported fagorably
| the bill to endow schools of mines on
departments of mining in state edu-
| cational institutions. The bill is
| similar to the one reported favorably
| from the house mining committee.
Orders we're placed last week for .
car OF lumber and mining timber In
the Northwest by the Seven Troughs
Eclipse Mining company. This is the
second step taken by this Seven
Troughs company for beginning the
plan of driving new shaft TO depths.
A series Of big discoveries on the
Snow squaii claims, belonging to 7.
H. williams and Frank Crumpacker.
has suddenly turned the attention OF
the Seven Troughs district to Victor
canyon, between Burnt canyon and
Farrell, at the north end OF the dis
trict Two feet of $50 ore has been
encountered.
S. s. Rosenstamm, who Is associat-
ed in business with Adolph Lewis
sohn, says that in his opinion the
time for low priced copper has gone
by. The improvements that are UNI
der contemplation by the Pennsylva-
mia and other railway systems can
not but help improve the copper stu
alton, he says.
A Boston dispatch says the reasons
for the recent break in Montgomery
Shoshone stock is the fact that devel-
opments of the last six months have
been disappointing and the reports
show that much of the ore is below
commercial value; that the mines
/ f,,fv will In I'm
ture development.
The production of copper for April
In the Butte district is estimated in
excess of 25,000.000 pounds. North
Butte's share was 100000 pounds
Butte Coalition produced from the
Rarus mine alone 100000. Ana
conda's production is in excess OF T.,
100000 pounds, and Boston & Montana
yearly 100000 pounds.
The news comes from Butte that
orders have been issued 10 nearly all
shift bosses of Amalgamated, and pre-
sumably TO North Butte and Butte
Coalition, TO mine less first-class ore
In some mines the miners have been
taken OF first class entirely. The
presumption is that the companies
find they can make money under pres
ent economies on lower grade ore.
well known Utah mining opera
tor, speaking of the confidence he has
in the future of Rawhide. Nevada,
says he has recently expeded $4,000
in cash in the camp, both in the &C.
QUESTION and development of proper.
ties within the boundaries OF the dis
trict
The new mining camp of BuH Val.
ley. in southern Utah. Is thirty-five
miles from Acoma, on the Salt Lake
Route, and about the same distance
from ST. George The ore bodies are
from three TO four feet in thickness,
, and assays of $500 gold to the ton are
not uncommon.
} Results from the first cleanup at
J the Celtic mill at Boise are highly
satisfactory TO the management This
cleanup was made on Monday of last
week, after rs tons OF ore were put
: through total of $500 in gold was
secured. an average OF a little more
than $l4 ton.
The latest discovery of Importance
In the Geld Circle district is the find
. In lease No 20, on the Gold Crown