The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1914-12-03
MINES AND MINING


shipments of ore from Park City,
Utah, last week totaled LES tons val.
ued at $4,000. This is compared with
1858 tons the previous week.
Showing net earnings for the Sep
TENDER 30 quarter OF 1854. 1856, the re-
port Of the Butte & Superior Copper
company has been mailed TO stock
holders.
Standard OIL OF Ohio has declared
the regular quarterly dividend OF 3
per cent and an extra dividend OF
per cent the same as for three prevt
Gus quarters this year.
The Mackay companies have declar.
ed the regular quarterly dividends OF
IL per cent on the common and /
per cent on the preferred stocks. pay.
able January / to stock of record De
cember ..
Mining on Indian creek. fifteen
northeast of Beaver, Utah, viii vie In
importance with the activities al For.
tuna, according TO the announcements
of several operators who have been
preparing for winter campaigns
Copper ore, carrying from 8 to per
cent, Is now being mined from the
south end of the Dragon. where a tun.
mel has been driven into the ground
for distance of several hundred feet,
says the Eureka, Utah, Reporter.
! Shipments OF ore from the mines OF
/ Tintic for the past week amounted to
a total Of seyenty-one carloads. This
Is estimated at $3.50 tons, valued az
$4,000, 1t is compared with seventy.
four cars for the previous week,
Conditions are improving right
| along in the Gold Circle district. In
| Nevada. Nine sets of leasers are now
working on different properties and
most of them are taking out ore that
gives them good profit after being
milled.
1t is reported from Big Cottonwood
that the Alta Tunnel & Transportation
company has encountered the white
limestone belt at a point about $50
feet from the portal OF the adit. This
is supposed to be the ore-bearing for.
nation.
Utah mining men are making efforts
to secure a special car in which dele
gates viii travel from Utah 70 the
seventeenth annual convention Of the
American Mining congress to be held
at Phoenix. Ariz., from December I TO
IL, inclusive.
Producers OF silver bullion In Ne.
vada and in Utah are refusing TO mar
ket the metal at the present prices,
confident that tee time Is not far dis
tant when the white metal will show
a continued advance until II Is well
above So cents,
Though the program for the seven
teenth annual convention OF the Amer
lean Mining congress, 20 be held IN
Phoenix December I'LL, Is not com
plete. Il is already certain that the
session will be the most important in
the history OF that organization.
During all the month Of October the
price OF silver continued 70 decline
says the Engineering 4 Mining Jour
nal. and at the opening Of November
1t reached the lowest point recorded
since December. 1908, being 22$sd II
London and 4S1kc in New York.
The Monitor-Belmont Mining com
pany, the properties OF which are 10
Gated at Belmont. New. in the Man
haitian mining district, has ordered |
complete moderl slime-cyanide mill
ing plant. The management hopes 4
have the plant completed within nine
~ days.
When the regular monthly meeting
were held at Provo a few days ago re
ports were submitted showing the fin
ancial condition OF the knight mine
and among the properties thai hav
the largest reserve FUNDS are the Irol
Blossom, the Colorado and the Bee
Tunnel.
Conditions in the Jumbo Extension
mine at Goldneld have continued mos
gratifying. with highgrade ore expos
ed In all faces on the deeper levels
and within less than n week the neN
raise from the l,017-foot level shout
reach the shale contact In which tn
/ pay ore occurs.
Charles Kitsch. who has also bee
connected with the development Of tn
Patterson creek tungsten deposits I
this county. is now making arrang'
ments for the shipping Of some higi
! grade ore from q new prospect str
4 ahaSi about tive and q half miles frOE
Forney. says the Salmon lda.) r.
} | corder.
, One Of the most important mimi
, deals in Utah in the past year wa
contaminated last week when ].
Gays. secretary and treasurer Of III
Peruvian Consolidated Mining con
, pony. the claims OF which are locate
in the Alta mining district, dispose
, Of the controlling interest in Ii
. property under a fve-year lease an
purchase option to the Miller Inyes
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