The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-09-24
MINES AND MINING

|
100.
The Gold Point Mining company,
IN Red river, in Idaho, has ordered
| Acton capacity Gillian mill, assays
If ore taken from this property have
run as high as $500.
A big Pennsylvania coal mining
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 ,car is $1S39S2,18o.
which contrasts Interestingly With
$lS1, 53O,S71 in 1907 and $16S,9S4,9S5
iii 1906.
Mason valley stockholders took all
but 500 shares Of the 10000 shares of
treasury stock recent;T offered by
the company at 81. and underwriters
will receive only the small amount
mentioned.
The payrolls Of the camp of Ely.
Nevada, now aggregate Sl75,oOO per
month This, of course, covers the
country from the Veteran mine OF
the Cumberland-Ely company to the
mills and smelters at McGill.
A power plant for Alta district.
| Idaho, is about to be built by syn.
dictate of Alta operators. II is to be
| built on Little Cottonwood creek,
about two miles below Alta and will
develop from 800 to 400 horsepower,
From the Seven Troughs district
Eclipse company's new shaft has cut
an ore body which leaves no room 10
doubt that the property is to become
one OF the leading producers OF the
district
The estimated production OF the
roo pounds of copper. decrease OF
$4,000 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 a force OF 80 men at work on q
wagon road between Buffalo Hump
and Orogranda, as he is preparing &c
open the mine this fall.
While removing a huge rock which
was In his way, c. p. Johnson uncov
cred ledge which promises 10 b,
one of the richest discoveries in tn,
Blacktail district OF Idaho. Specimens
showed Il TO be extremely rich II
gold. silver and copper.
Gold Valley is the name OF a new
mining camp In the Gold Belt Minial
district. about rs miles southwest o
Hart and IA miles southeast OF Gina
on the east slope OF the Providenc,
Q range. In Nevada. Quite a ruslf 4
5 now on for the new camp.
A big English syndicate has taltel
& over the Colman borax mines in III
Belleviile. Cal, mining district.
7 working capital In the sum OF $50 90
7 -
COO will he forthcoming Mt Jnce wit
n which TO start development work.
Il Word from Chafcy. the new NJ
n vada camp. shows how quickly none
n can be made there. on one propert
J, Mr. Chafey and his associates droy
b. sIxty-foot shaft from which the
II each cleared slAoO. after paying a
Is the expenses incident 10 the work.
y The Steptoe emelter IL now mak'n
from fifteen to twenty tons OF blist'
y copper a day. and has made MS muc
al as thirty-two tons IN one day WI
u unit and a half In operation. n
n amount of ore that is going throug
r. the concentration Is 1000 tons a ia
u The Sunbeam. at Custer, ldah
shows n ledge It's feet wide carryir
nm average value clear across
- close 10 S. per ton. Streaks occ'
~ which yield as high as $1,000 per 20
~ The ore is absolutely free milling NJ
a. the property is a marvel Of richneI
" The Stewart mine. near Wardn'
y, has been financed according 10 ne'
from New York where the stock
4. the United Copper company n
"a taken storing rise based on the
'' lief that r Augustus IIeinze has be
~ able 10 finance the Stewart, the on
IN and the Davis DAILY properties vii
re cut losing his grip on them.
~ Coal exports have greatly increas
" r. the last fiscal year the total val
being s3s.355. 75s as compared "
- f34.727. 7C2 IN 1907 and t2s.2le.27G
~ is0G. OF the 1908 exports Cana
" received coal 10 the value Of 1908
'n' CAT as against SGT 022.4To I'm is'
ar Mexico. ss.712.474. against f3.26s 81
All and Cuba. s2i52 ls0 In 1905 agar
IN s2ilI.721 IN 1907
The work Of reconstructi0n and
larElng at the zinc plant Ia going
gu in good shape. and the work will
." pushed 10 completion with al 2
~ pshle speed says the PARK City z
Der ord with 80 increased capacity
IN" output viH BE- more than double "
'' A. has been