Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1913-05-16


the American Smelling & Refining Co.,
according to report from New York.
Beuthen, Germany-The strike of
$4,000 coal miners in this district,
which began on April 81. was called
off May IL by the Mems Trades union
owing to the hopelessness of attaining
success.
The report of the British Columbia
Copper Co. for January and February
state that its smelter at Greenwood,
B. c., produced during the period
1,3ss,572 pounds of blister copper, 2924
ounces of gold, and 16,7O3 ounces Of
silver, valued at approximately $780,
900. January was credited with the
heaviest output of blister copper, to-
tai of 10000 pounds having been
shipped.
The CRANKY Mining, Smelling &
Power Co.'s net earnings for the first
quarter of 1913 were approximately
$4,000, according to the official re-
port for the period, just issued, and
for the first nine months of the fiscal
year they were $990,225. The grade
of the ore being taken from the Phoe'
nix, B. c., mines is said to be better
than at any previous period in the
company's history.
! Reports from mining companies op
Grating in the various mining districts
of the Pacific Northwest continue to
show exceptional increases over the
figures of last year. The annual state
ments just filed by the six largest
companies of the Occur d'Alene dis
trict show net profits of $3,305,55 as
against $2,s26,779 for seven compan
les in 1911. This is approximately ST.,
100000 greater than the record fol
2,412,100 tons.
Occur d'Alene Mines.
The magnitude of the mining indus
try in the Occur d'Alene district car
best be gained by a resume of the an
nual reports Just filed by the produc
ing mines of Shoshone county, com
posed of the Alice, Bunker Hill anC
Sullivan, Caledonia, Federal (operat
ing the Standard at Mace, the Morning
at Mullan and the Last Chance a
J
Cleveland, Hecla, Hercules, Marsh
Ontario, Snowstorm, Stewart, Success
Surprise, Tamarack and Chester Con
solidated, Tyler Lease and Interstate
Callahan Consolidated companies.
The gross tons of ore extracted dur
ing 1912 was 1,8S8,244. This yielded
gross revenue of 1881, 098.33. 1t cos
$5,S26,37473 to extract it from tn,
mines and S5,095, 617.83 to transport i
to the smelter and get it reduced. II
addition to this the companies pal,
out 5000, 1885 in betterments and re
pairs to their mines and mills, leaving
net profit for 1912 of $3.50, soils.
OF the 10 operating properties il
this district during 1912 only tire
reported loss for the year.
The gross yield per ton of ore wa
$S.15. The cost of extraction per to-
was $3.50 and the cost of transports
ton and reduction per ton was $3.50
leaving a net profit per ton of $3.05.
The cost of extraction amounting t
$5,926,374.73 and the cost Of better
ments amounting to 5000, 1855, aggrt
eating $685., 1606S, is practically a
spent within the district, the principe
! item going out of the district bein
for machinery, which can not be mani
! featured here.
: Metal Market-New York.
I Copper firm. Standard spot, to Jul!
$15@15.50; electrolytic, $15.75; LAKE
$15.S7; casting, $3.50.
Tin-Easy. Spot and May, $500
$3.50.
: Lead-Steady. $3.50 bid.
Spelter-Quiet. $5.45@5.55.
Bar silver, GOO; Mexican dollar
e 4sc.
S The decrease was in excess Of a
}. estimates and compares with redu
/. ton of about 100000 pounds in tn
preceding month. Production fC
April was very little less than
March, but total deliveries increase
o almost 100000 pounds, due largel
to foreign demand, which was create
by over 100000 pounds.
u Exports Of copper this month, %!
Is tons