Camas Prairie chronicle. [volume] (Cottonwood, Idaho) 1901-1917, 1910-03-18
INTERESTING MINING NEWS.


A. B. w. Hodges, resident manager
of the Cranky Consolidated Mining,
Smelling and Power company, limited,
the largest copper producer in British
Columbia or in the Dominion of Canada,
has resigned, and leaves about the
middle of March, with his family, for
Lima, Peru, South America, where he
will, on April /, become general man
ager of the Cerro de Pasco Mining com
pany. This company has comparatively
few shareholders of its $10,000,000 of
capital stock, it being chiefly held by
J. B. Haggin, the Hearst estate. J.
Pierpont Morgan and Vanderbilt and
wealthy friends.
Montana, Arizona and Michigan, in
the order named were the leading states
in the production of copper last year.
The Adams mine, regarded as one of
the largest in the Elk City district of
Idaho, both in ore areas and values, has
been bought by Spokane people. The
sum involved has not been made public,
but the Murphy mine, partly devel-
oped property of the same field, was
transferred this week for 100000, ac-
cording to the dispatches.
Confirmation of the tales of gold
told Of the Harmon strike with much
!, additional information has been brought
= out Of the Ten Mile district Of Idaho by
Thomas w. Murray, who, with others,
is identified with the Banner, property
D near by.
Nearly all of the 40 men who strug-
. pled to make mines in that long hidden
district throughout decades have sue
: ceeded in a varying degree and are IN
y position to reap the reward that Is
:! coming to them in wide and growing
!: appreciation by the public, the rush and
s, the transportation facilities promised.
A report from Butte states that new
a crushers are to be installed at the
N Basin Reduction works for the treat
8, ment of zinc ores. Much Of the zinc
y values in the ores from the Butte and
N Superior are lost with the present ma
80 chinery, although, with the present
&c handicap the company is clearing $50
TO- ton on concentrates.
The Trail (B. CO. smelter returns for
sr' January total $640,000, about half OF
y which was in gold and the rest copper
- lead and silver. This will bring the
total for the fiscal year up to $1,000,
600. and if the present rate is kept W
% it will mean a grand total for the yea
, b ending June 80 next Of 100000.
70. Forty. nine American mines and metal
b lurgical works, according to report
made direct to the Mining World O
iS' Chicago, paid dividends amounting t.
Dle $1O.25s, 641 for the first two months
to 1910.
Ted The stock of the Anaconda Cope
tic, company has been transferred from tn
at unlisted column to the listed section o
=. the New York stock exchange. Tn
"a statement which accompanied the II
quest for the change showed that til
ted earnings OF the company for 81
months were $12,242,O33.
nth Nelson, B. C.-The CRANKY Consol
20 dated Mining and Smelling company h;
is so secured bond on the Summit group ar
a large number of adjoining CLAIM
,or covering thousands of acres. 1t is Il
mo most important mining deal In the n
,O8 tory of the Phoenix camp. About
full mineral claims and fractions are
mid volved, located two miles from Phoeni
The price is $4,000.
and
ock, with the Teasing oA INC piOP0lS9
the Idaho Giant Mining company
George Huston of Mullan, Idaho, mi
Iay. ing deal which means the union of ii
ther property with the Boulder Creek Nj
ing company and the Bitter Root MOI
tain Mining company properties
lmu consummated. In the future these TIN
now properties will be under one manai
az. ment and will be controlled by a c
poration known as the Western Dey
the opment company.
lada, Newport.-Recent reports from
1l1eo Conquest mine, seven miles north
',oo9 9 Newport, indicate that the property '
S S be put on a shipping basis during
coming season.
a in An expedition has been organized
an expert diver to raise the steai
islander, sunk 10 years ago in
fathoms Of water near Juneau, Ala
early while bound for Seattle with $4,000
been of Klondike gold in her strongbox.
with situation OF the steamer Is khoWh'
w re- the depth of water has forbidden
who tempts at salvage. The plan prop
] now is to lift the vessel Wlth huge
seine.