The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1914-10-08
Mines AND MINING |

lead which remains at 3.9 cents a
pound, which quotation has been in ef-
feet since last April.
Tonopah Mining company OF Ne
vada declared September rs its regu-
lar quarterly dividend of % cents.
This calls for the distribution OF
$250,000 and will give the company
total dividend record Of $11,850,0 0U.
According to silver bullion dealers
in New York, the prevailing strength |
in the market for the white metal and |
the steady advance in. the price at |
London is due to the increasing de- |
mand from China and India and the |
difficulty of making shipments to
those countries, says Financial Amer
lea. The demand from India is said
to be insistent as a result of the com
paratively small floating supply at
Bombay, which is estimated at about
1000 bars, and to the extremely IA.
vorable monsoon which makes for
bountiful crops and which calls for
large amounts OF currency to handle
With the lowering OF the market
price for electrolytic copper to -
/
the leading producing aud selling in.
terests. there was developed within
the past few days a fairly good de
mand for domestic consumers, says
Financial America. Al the new level
home manufactures appear to be TAX,
ing more interest In the situation as
their purchases recently have called
for delivery well into November.
Beds of anthony carrying az high
as 30 per cent have, been discovered
recently in the gold district of hull
valley. Washington county, In the OK.
IRENE southwestern corner OF Utah.
II. J. Lund OF st. George has three
groups OF claims which show yafues
high in this rather rare metai,
The Aurora mill at Aurora. New.
is treating 200 tons OF ore daily now.
according to report The min has a
capacity of 500 10 600 tons. An ex.
traction OF about 30 per cent IL heing
made This Is the property recently
sold by the Knights OF Provo 10 the
aoldfeld Consolidated for a million
dollars
Excellent Roadway IL beink made at
the Daily West Mining companys
property at Park City in the way OF
liking up the mine for the empsoy-
ment OF a full complement OF men IN
the near future. and also ~ the big
new mill which the company 10 con
structing on the site OF the one burned
last December.
Joplin smelter mills, silent for the
past year, are preparing TO open 70
take care OF zinc ore which Ia being
diverted from Australia originally con,
signed 10 Germany. A New York
authority says that zinc smeltera in
Kansas and Oklahoma are preparing
to care for large shipments OF Austria
lien zinc ores,
The Seven Troughs Coalition mine
has eight feet OF ore that will aver
age $3.50 TO the ton. according 10 y, NJ
Manson, general manager of the Utah
ore sampling company. Mr.. ManHon
predicts that the Seven Troughs Goa
lition VIII become one OF the greatest
producers in Nevada, and says that
the property Ia In excellent condition
Operations we're resumed al the
Thompson Quincy mine III Park City
last week. and the expectations are "a
at once make a shipment of some OF
the first class ore which is broken
down and ready for tho market
Tonopah Mining company's profits
for August, ts4.020 The company
opens up a new vein OF ore two feet
wide In Red Plume workings and ships
out this week thirty bars OF bullion
valued at s36.7bo. says the Tonopah
Miner.
That a little good In a material
way may result directly 10 Utah from
the war is noted ia paper just ~
sued by the federal government men
tioning the potash deposits of Utah
Nevada and some OF the other west
ern states.
Since the recent gales have 30 thor
oughiy cleared the Seven Troughu
Coalition mine OF obnoxious gases, tbs
property has resumed work under full
pressure and seventy men are now be
D ing employed IN the various under
| ground workings.
Directors OF the Anaconda MininE
company have declared dividend oi
, 20 cents a share. The regular guar
tsrly dividend has been 10 cents This
reduces the distribution from ta.25o.
600 10 about 81 900. 900 This vii
give the company y total dividend
! record Of tss.000.oeo.
: California IL the only producer q
boraT. magneaits. and ehromite ant
10 the leading state In the productions
, Of asphalt nourspAT and quicksilver
but the combined value Of then,
. products In 1913 amount 10 a it'll
!. over tt.oe9 zoe. and Of these asphalt
and borsS amount 10 nearly s.. zoo. zoe
Further information from the strih,
0f platinum In the Boss mine 10 III.
yellow Pine District near OoodaprsnEs
Nevada. ts that the ore shoot 10 nov
twelve feet side aud has been opsnet
he feet along its strike.
Prom Butte comes word tba, th.
states EAvings bank has sued tbs
stewart Mining company Ter paymsat
Of last aiviasnd on $500 shares o.
stewart stock held ~ collateral toi
s0snH made 20 HsinEs and Bingham
|. C5ntrai railway. Complaint KkoHi