The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1908-06-04
MINES AND MINING

pfOf1ts-
From Boston comes the report that
the Utah Copper company Is now max
ing copper at the rate of $3.50. 600
pounds per month at a cost OF 81
cents per pound. after deducting the
expense from the mine TO the market
OH is advancing all the time. ana
ore in a position to know declares
that the demand this year is going TO
be $4,000, 900 barrels In excess OF the
supply. unless some extensive new
fields are discovered and developed.
An air compressor is now busy at
the Hub mine. near Milford. while de-
velopment work is being vigorously
prosecuted. There Is now over eighty
tons of ore on the dump at the Hub
which is valued at between 800 and
$500 per ton.
The activity for the current season
with the Lost Packer Mining com
pany of Idaho has already commenced
| During the season of 1907 the Lost
Packer company cleared a total of
| 100000 from not over a thirty days
run Of its new smelter.
Since the unwatering of the Ontario
drain tunnel there has been an un-
usual demand for the stock of that
celebrated Park City property. but II
seems that there is little stock to be
found In the open market. the holders
evidently looking for better results in
the way of production than In the
past.
Work is progressing rapidly in
cleaning out the caved portion OF the
drift between Nos. 2 and 3 shafts on
the l.500-foot level of the Ontario at
Park City. and it will be only a short
time until the draining of the mine Is
complete and work resumed In the
ground that has been flooded for SO
long
The annual report of the Anaconda
Copper Mining company for the year
1907. submitted to the stockholders
meeting at Anaconda. Mont, last
week. shows that, owing to the re-
striction of the output and the close
down of the mine. the profits were
less than the year before. being 49,.
! 37S,220
Samuel Newhouse, who recently
made trip of inspection to his prop
critics nthe Phoebe district, declares
he never had the least conception as
acquired upon the recommendation OF
others until this visit. and that he
was simply bewildered with what he
had seen.
The camp of Gold Circle, Nevada. Is
unique for a Nevada region by virtue
of the presence of an abundance OF
water for mining and milling pur
poses. Usually the lack of water Is
one of the most serious obstacles tc
overcome in putting a Nevada camp
on its feet so that it may become o
dividend payer.
A new smelling combination was or
ganized last week for the purpose oil
operating in the Utah field The new
company. which will be known as the
Independent Smelling company, is
backed by Utah capital, and has Sc
cured lease on the plant at Ogden
which has already proven to be a
great success.
Fluerine is a new section, about
fourteen miles from Rhyolite, on the
cast side of the Bare mountain range
and almost directly south of Beatty
This particular section has been
known as a mineralized country for
about three years. but 1t is only re.
Gently that there has been any excite
ment over the discovery.
E. Chopin Gard, mining promoter
with Offices in Denver, has been In.
dicted by the federal grand jury on
the charge OF using the mails in fur
therance Of schemes TO defraud. He
is alleged to have sent out alluring
/ literature about properties in south.
ern Utah, which government inspeo
tors claim did not justify his advertis.
ing claims.
Excitement over the oil fields dis
covered near Bluff City. Utah. contin.
ues to run high in that section of the
country Latest news from the scene
Of operations tells of gusher just
discovered, the output of which Is es.
timated at between Coo and 700 bar.
rels a day.
California oil men are beginning 10
investigate the Virgin oil field. a mum.
Der of prospective investors having
recently made a visit TO the district
and are now looking into the matter
Of transportation in case big wells are
discovered. The Virgin district is on
the eve of boom.
The property of the Cliff Mining
| company at Ophir is showing up In a
most encouraging manner. The aver
age width of the vein is said to be
! twenty-five feet of ore OF shipping
grade. several cars of which are to be
! forwarded to the valley shelters dur.
ing the present week.
The Nevada Douglas. at Yerington,
has, by encountering the same body
! IF rich sulphides on the 65e-foot level,
added another hundred feet of back,
! TO the generous available resources
/ developed. and the owners are feeling
very good over the present appear
snce Of the property.
On the Bull Run property. In the
aewiy discovered Bull valley district
II Utah. all Of the ore being sacked
high grade. running from $4,000 In
! 10000 In gold to the ton There does
! cot seem 10 be any low grade discov.
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