The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1915-11-13
MINES AND MINING

Park City mines in the month of Oc-
tober yielded up total wealth
amounting to $390,O00.
Progress at the Snake Creek tunnel
IN october amounted to 312 feet, and
the face Is now in 13,025 feet.
The Nevada Consolidated's quarter
~ report shows net earnings of $1,1C7,-
500 and surplus increase of $354,iOs.
AlaSka-Juneau's output of 5000 tons
daily will net $l,400,0G0, or 10 per cent
on the capital stock of $4,000, 900. The
gold ore should net at least 10 per
cent en- the output.
Ray Consolidated will call for the
retirement on December 81 of it's ST.
$4,000 ten-year per cent convertible
bends. The bonds are callable at $1l0
on any interest date
Six mills are operating in the camp
Of Good Springs, Nevada, seven big
motor trucks are hauling ore to the
railroad and there are 800 men en-
ployed in the mines there.
Twenty-Five shippers took part in
the production of ore from the camp
of Tintic in October, when total Of
CAB carloads was the output. This is
estimated at 32,15 tons and valued at
100000.
Work on the new mill which is be-
ing constructed near Silver City, Utah,
by the Tintic Milling company is be-
ing rushed. A large force of steel
workers, carpenters and machinists
is being employed.
Superintendent Harrington reports
that the white lime formation at. the
New Quincy property has been passed
through and that the drift has encoun-
tered a black limestone that is ia.
vorable for ore making.
Fifteen feet OF ore, part of it show
ing free gold and running as high as
$50 clear across is the remarkable an.
nouncement from the Rochester Mines
company, which is blocking out one of
the biggest ore bodies in the west to-
day.
Leasers on the old DAILY mine at
Park City in the past thirty to forty
days have mined and shipped approx
mately 100 tons of ore. This ore is
coming from the 500 level, where the
ground promises at any time to open
into something worth while.
, The apex suit of the Tonopah Vic
tor against the Tonopah Cash Boy
Consolidated and the Cash Boy Con-
or nj t,,, al
shortly before the Victor was IaAen
over by the Tonopah Extension Mer-
ger, has been compromised and set
ted.
The Prince mine at Phoebe, Nev.,
never has been in as good physical
condition as it is at the present time
and, with the treasury in a prosperous
state, Prince shareholders have rea.
son to feel that their interests are
being well cared for under the pres
ent management
One of the largest mining deals ever
closed in Blaine county, Idaho, was
consunmatCd last week when a cor
poration OF Spokane capitalists pur-
chased the Croesus mine 1t has been
owned by Fitzpatrick Brothers of
Beatrice, Neb., and during the past
two years but little development work
has been done.
For the thirty days ended Novem-
Der /, inclusive, northwestern mining
companies have paid S1,344,156 in d.
vidends, making the disbursements
for the current year $7,706.79 which
Is more than the best previous rec
ord for any twelve months in the
history of the industry, and increas-
ing the grand total to $71, 1,023,J69
All prior records for the production
OF copper during any quarter were
broken by the Utah Copper company
during the third quarter of 1915. Dur.
ing the period in question total Of
2,49S,40 tons of ore was treated, be-
ing 2S3,241 tons more than the pre-
vious high record of the preceding
quarter, when 2,215,159 tons were
milled.
For the month Of October the
Occur d'Alene district contributes di
vidends totaling $799,9OO and British
Columbia $544,256, while for the year
the Occur d'Alene quota il S. 5S7,634
and British Columbia's is $1,109,156.
To date the Idaho payments since the
first disbursement was made aggre-
gate $54,601, ,507, Washington adds
$449,216, Montana contributes $685.,
900 and. British Columbia s14,46I346,
A convention that will act upon rec
concentrations regarding a general re-
vision of the federal mining laws will
meet In Washington, d. c.,
on December 16. All the known
mining societies in the United States
have been invited to send delegates,
and it Is expected that the mining
industry will be so we'll represented
that the action of the convention will
be regarded as expressing the wishes
OF the industry.
The head OF one OF the largest cop
per-selling agencies says to the Bos-