The Oakley herald. [volume] (Oakley, Idaho) 1908-1961, 1910-08-26
MINES AND MINING

Aiming to control the tungsten mar
ket of the United States. +. L, Fletch
err has secured for the o. A Turner
interests lease and bond on the OIL
son-Simms group of tungsten proper
ties In the Regain district.
Abandonment of the plan to merge
various mines operating on the famous
Cmmstock lode is explained by mem
b..s of the committee which had 1t in
charge as having been due to discov
cry that the merger would have been
In violation of law.
The Mountain Dell mine In Ameri.
can Fork canyon, Is fast coming into
its own. Returns from the car just
shipped netted the company $57 per
ton. and conditions at the mine were
never better.
The deepest vertical shaft in Ameri.
ca at any gold mine is the Kennedy
at Jackson, California, which Is $3.50
feet. There are deeper shafts in gold
mines at Bendigo, Australia, and on
the Rand, South Africa.
The Bay State lease being operated
by Jack Hows and Bert Chapman
looks as if it were going to make
good. The ore vein continues to de-
velop in better shape and they are
now sackng a little ore.
Two months ago it was not an easy
thing to realize that there would be g
general curtailment of copper produc
ton, yet one Salt Laker urged upon
the Tribune that such a programme
would he adopted, and that the big
porphyry copper interests would favor
such aci ion, doing everything possible
to bring it about.
When the Ohio Copper company re-
| leases the production figures for the
month of July it is pretty certain that
a very satisfactory condition of affairs
will be shown. The mill is understood
to have treated in the neighborhood
of 81 000 tons of ore, from which was
produced a total of 1900 tons of con.
centrates, the average copper content
of which will be close to 80 per cent
Stockholders of the Montgomery.
Shoshone Consolidated company of the
Bullfrog, New, district are in receipt
of the statement of the operations dur'
ing last May, the report being dated
July /, and signed by the treasurer of
the organization. The receipts during
May amounted TO 22,245.09; disburse-
ments, $22,93S.49, leaving loss for
the month of $G9340. The company
has bills payable. with accrued inter
est, to the amount of 1919 SS4.15.
The Camp Bird operators have
started new tunnel at least 1000
feet below the lod workings. The OBJ
ject being to get the ore at lower
level and to be able to handle 1t at
small expense after they do reach 1t.
The Jones-Erickson Miller lease sent
a 50-ton car of ore to the smelter this
week The miners in this property
are taking out about three and half
tons to the shift. The leasers have a
good thing of it and will clean up a
nice profit.
Strehlke's bonanza strike of high
grade copper ore in his lease on the
North Star claim of the Ely Calumet
of Nevada continues to show up as
large as ever. and forty tons of ore
that will average about Is per cent
copper and an equal amount of iron
were extracted In three days this
week.
A body Of nice ore has just been
opened upon the 300 level Of the Colo
RADIO mine in the Tintic district. This
strike is about fifty feet below the
level from which the Colorado has
been shipping for the past few years
and the ore has been encountered
about $50 feet from the line dividing
this mine from the Sioux Consolidated.
Mining companies operating in var
ious parts of northern Idaho have sus
tanned severe losses by forest fires dur
ing the last 60 days, and, unless rain;
come and more men are sent into the
district to extinguish the flames, there
Is every reason to believe that NIL
lions of dollars worth of property will
be destroyed before the end of the dry
season.
The National Mining company o.
. Nevada has just paid it's first divi
dend, disbursement of cents 9
share upon 10000 shares of stool
outstanding, thus amounting to s37,
500. 1t is promised that the company
will henceforth pay dividends regu
larly at the rate of cents share q
month, with the prospect that the rate
may be doubled in the near future.
There may be some disclosures at OF
incident to the coming annual stock
= holders meeting of the American
Smelling & Refining company, which
is scheduled for September Z, in the
east which will explain the weakness
? of the common stock in the eastern
markets. This common stock sold 70.
81 3-S low Friday in New York. the
record low of 1909 being TN, anC
1 high 1861.
> Articles of \ Incorporation of the
North Iron Blossom Mining company