Elk City mining news. (Elk City, Idaho) 1903-1913, 1913-04-24
MINES AND MINERS

The Northwest Bureau of Mines
with headquarters in Spokane. has
gone on record opposing a reduction Of
the lead tariff.
The strike at the Queen mine near.
Salmo, B. -, which was inaugurated
some time ago, has been settled tho
miners returning to work at the old
scale. Work will be resumed at once
with large force.
The fourteenth annual report of the,
American Smelling and Refining COM
pany for the year ended December Al
, 1912, just issued, shows that the cor.
poration's gross income for the year
was $16,759,5 500, as against $l5,112.125
in 1911, and the net earnings were
$5,366,421, including $2,O0O,OOO ris.
bursed in dividends to holders of COM
mon stock in the company.
The Federal Mining company. in its
recent statement to stockholders. an
nounces that because it has no con.
tract for its zinc product it is selling
the metal in the open market at Q
cents pound more than the price be-
ing received for the lead output. This
is a particularly fortunate situation
for the Federal, as the ores of the
Frisco mine and the Flynn group, both
of which it recently acquired, run very,
high in zinc.
According to recent report the
British Columbia Copper company.
Ltd, balance sheet shows liabilities
as follows: Capital stock, S2,95S,545;
accounts payable, $336,91O: reserves.
$10,365; profit and loss surplus $685.
1856; total, $4,271,557. Assets: Prop
erty at cost, $3,771 ,444 metals and
smelter products, supplies, ETC., $780,
054; copper to refiners, $214,769; pre-
paid insurance and taxes, $4763: ac-
counts receivable, $3923; cash, $685.
COL; total, $4,271, 557.
In the last 10 days of March the
CRANKY smelter at Grand Forks B.
c., treated 34,525 tons of ore from
the company's own properties at
Phoenix and AGO tons of custom ore,
a total treatment of 35, 005 tons. The
blister copper shipments were 717,OOO
pounds, giving a total for March of
100000 pounds. For the first three
months of the current year the smell.
ter has treated 305,7S3 tons of ore
from its own mines and 1904 tons of
custom ores, a total of OS,O77 tons.
The blister copper shipments for the
same period aggregated 5,5SS,245.
pounds.
The metalliferous mines of the coun-
try kill more men every year than the
coal mines, the general impression TO
the contrary Notwithstanding, accord
ing to the bureau of mines. In 1911
the metal mines killed more than four
men out OF every 1000 employed, while
the death rate for coal mines was less
than three per 1000. The death rate
i'll American metal mines IS exceeded
by only three other countries-MexicO,
Peru and the Transvaal-while the
record for Great Britain is 1.64 and
Germany 1923. Statistics just issued
from the bureau of mines show that
out OF 165,979 metal miners employed,
$50 were killed, 4169 seriously injured
and 22,4OS slightly injured. Two hun
dred and ninety-seven wives were
made widows and coo children left
idIherless. copper mines Kill more
than five out of every 1000, with iron
mines a close second. The total deaths
by states are given as follows: Ari-
iona. 20; California, So; Colorado AZ;
Idaho, %; Michigan. 1874; Minnesota,
10; Missouri, So; Montana, 50; Ne
vada, 80; Utah, 40.
New York.
Copper-Firm; standard spot to
July, $14.75@15.25; electrolytic, 1880;
lake, $15.50@15.62; casting, $15.25.
Tin-Quiet; spot, $4S.62@4S.S5.
Lead-Steady, $3.50 bid
Spelter-Easy, $5.75Q5.S5.
Antimony-Dull; Cooksons 50.
Copper exports this month, 1885
tons.
Bar silver, 60Ac; Mexican dollars,
4Sc