The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1914-09-03
AROUND THE MINES

y AAAN) - va -
Standard Oil company OF Ohio has
declared a quarterly dividend of 50
and an extra dividend of 50, payable
October !.
Out westerly $50 feet from the
working shaft the Silver King Consoli
dated OF Park City is opening up
what promises to be one OF its largest
slopes of shipping ore.
Nevada's record mine production Of
lead in 19l2-19,500 1000 pounds, val
ued at 1877 ,5O5-was not repeated in
1913, the yield decreasing to lG,344,0 23
pounds, valued at S7l9.137.
Word comes frog Price. Utah, that
an effort is being made to induce
capitalists to establish a plant there
to employ fifty men in working up
the large gypsum deposits in Emery
county.
Probably the richest Mountaineering
region yet known in the world is the
Paradox valley region in Montrose
county. Colo. This ore is carnotite.
and contains urar ium, vanadium and
radium.
Officials of the Copper Queen Min
ing company at Bisbee, Ariz., an
nounced that as a result of the govern
ments plan to purchase silver the
Southwest mine of the company would
be reopened.
Ore shipments from Park City.
Utah, during the last week amounted
70 i ,340,940 pounds. OF which the Sill
yer King Coalition produced 100000
pounds and the. Silver King Consoli-
dated 36O94O pounds
shipments Of ore from the Tintic
district for the week just ended
amounted to a total of SO carloads.
This is estimated at 1920 tons, valued
at 100000. This compares with 76
tons for the preceding week
Indications point strongly to the
speedy reopening of most OF the stock
exchanges throughout the world. The
salt Lake exchange has been the only
mining exchange in the world which
has kept open during the war furry.
Exports of copper the past week
were 5.S04 tons, a decline of 1927 tons
from the same week last year. Elk;
ports for the month to date declined
1928 tons. while for the year to date
an increase of 26,221 tons is shown.
In the last three years the output
Of silver from Nevada's mines has
been steadily increasing. from 1884
601 ounces in 1911 to 14,369,063
ounces in 1912 and to 16,09O,0S3
ounces, valued at $9,71S,41O, in 1918.
Conditions seem to be gradually
adjusting themselves in the mining In
dustry, both locally and nationally"
declares one of the most prominent
mining operators of Tintic, who has
the management of several properties.
The total recoverable production OF
gold from Nevada ore sold or treated
in 1918 was 570,5S941 ounces, valued
at $11,795.130, a decrease of $1,661,-
| $50, or 1872 per cent, from the produc-
ton of 1912 Placer mines yielded A.
| 775.76 ounces, of which 12,600.3S
ounces came from the placers in Nye
| county.
The National Mines companys out
| put and average values of ore for the
last two months show a great increase
over any time since the Stall lease
was operated, says the Winnemucca
| Star The company is taking out a
large quantity of high.grade ore from
| the new vein recently discovered in
the No. tunnel about $50 feet from
the portal.
With guarantee Of s5.75 hundred
pounds for its product, every zinc mine
In the west can ship, and the pros
poets are excellent for the price rising
to S. or even 81 with the prediction
! by profound eastern zinc men of ma,
tional prominence that there will be
an almost unsatisied zinc market the
world over for the next year or two.
Out OF Joplin. Mo, the heart of the
zinc industry in the United States
comes a dispatch. saying that during
the time that the metal market at
East st. Louis was closed the demand
for spelter was steadily growing and
when quotations again were reported
It was discovered that the metal,
which had been sluggish at $S,S75 a
week ago, had jumped fifty points.
From HALEY. Idaho, comes story
that deep sea diving outfits are the
latest innovation to be employed in
assisting gold hunters in the Weiser
section OF the state Following out
the theory that beyond Conner creek,
a little stream which empties into the
Snake river on the Oregon side. about
twenty miles north of Huntington.
lies gold on the bottom of the river
bed In quantities sufficient to pay for
the trouble in securing 1t. two strang,
ers have brought their scow down the
river and through the rapids into the
canyon to this point and will start &C
tive operations.
There were 7S6 producers OF gold.
silver. copper lead and zinc in Ne
vada In 1918. compared with 7O4 in
1919. The total quantity of ore sold
or treated in Nevada In 1918 was s..
5SIsll short tons, an increase Of sos.
I cas- tons