The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1915-07-22
MINES AND MININ6

have tnaugurated the second SIX 4
months OF the year with dividend |
declarations aggregating si.1Os.4os.
The value OF the mine output Of |
gold. silver. copper. lead and zinc in
the eastern or Appalachian states in
1914 was slI.4s7.7o7 against S12.A1ss-
Ss6 in 1913
From Bingham comes word that the
Utah-Apex Is now shipping an aver
age Of 125 tons daily OF its crude lead
ores. and that the min 10 turning out
100 tons daily Of concentrates.
II Is probable that the forthcoming
quarterly report OF Butte a Superior
for the three months to June 80 viii
show earnings OF between IS and 80
per share for the 27s.O00 shares.
wadley Brothers received returns
last week from their car Of ore which
runs In the neighborhood OF $50 per
ton. the values being chiefly in silver
and lead. Their property Ii located
near American Fork, Utah.
Jumbo Extensions estimated pro-
| duction In June is % carloads Of s.
tons each OF n gross value Of $4,000.
The freight and treatment charges
amounted to $4,000: operating en-
penses, $4,000. leaving a net realiza.
ton of $4,000.
A scramble for mining claims that
Is almost equal TO the old gold and
silver days OF Nevada has been pre-
cipitated BY the recent discovery Of
tho valuable zinc and lead proper.
ties at Promontory point thirty miles
west Of Ogden, Utah.
Hauling OF machinery from the
Mines Operating company property at
Park City has been commenced and
soon all that can be utilized to al
vantage win be ON the site chosen At
Tintio for the erection Of the 300-ton
plant of the Tintic Milling company.
Salt Lake operators are closing ne
gotiations this week for taking over
one Of the old California mines. which
has a production record Of s2.500. 900.
II will be q consolidation OF the ad-
joining Gold Bank. Golden Queen,
Shakespeare and Miller properties,
near oroville, Cal.
Utah men have financed the Caribou
Gold Mines company and the mine
and mill will be electrified from 4
. company-owned hydropower plant "a
. be erected Immediately on Eagle
creek. in Idaho. The mine u accred
, tied with q production OF 100000
. from free milling gold ore.
Relative to activities OF the Western
/ MEnlnm nnWNnanW
, holdings near Green River, Utah. ths
Dispatch says that the company ha,
already spent about $4,000 here in de
veloping It's properties and at the pres
Il emit time has seventeen miners work
ing the claims in Salt valley.
i Everything indicates that the Mid
I land OIL basin in the Wolf creel
country will be prospected this sum
Z mer, says q Yernal. Utah. dispatch
The Mid-Continental OIL company hai
let q eontratc TO Harry Mack OF Craig
Z Colo, to do the drilling and he is Of
his way to the oil fields 10 begin work
a II is given out that the debts o
the WaSatch Mines company hav'
been reduced recently TO about $4,000
The shipments Of lead ores by tn,
i leasers brought In royalties TO thu
, end Then II il expected that the zinl
q discovered up on the hill will bring d
e more profits owing 10 the present his
. price OF the dull metal
a, Shipments Of ore from the Ttnti
b mines last week totaled 13l carloads
l. This Is estimated at $3.50 tons. value
v at 100000. and is compared with IS
II carloads the previous week. The de
n crease OF upwards OF 1850 tons is du,
" to the fact that most Of the minei
y closed down from one 10 two or thres
Is days on account Of the Fourth Of Jul,
celebration.
n II is believed that the Hecla MininI
Q company, operating the Hecia min
n and mill at Burke. Idaho. which n
le sumed regular monthly payments Of
3 cents the share In April. after havin
10 paid but / cent for several months
d during q period Of curtailed produs
ton. viii pay not less than 3 cents IN
N share. or $4,000 on July 20. the dat
OF monthly disbursements.
" Production OF Chino Copper con
q pany. like that OF Utah Copper con
81 pany, Is coming back with 3 rush afte
= the curtailment put into effect at IN
u outbreak Of the European war. say
e the Boston News Bureau. May outpu
y Of s.442.sTT pounds Of copper estAl
. lished = new high record aud puts th
- company's production above the rs
000.oeo-pound mark per annum-
- II II declared that the most vaII
able asset Of the 0uggenheim Explorl
= ton company IL its 404.B04 shares q
Utah Copper stock. Al present price
this block Is worth about 1900 .00'
/. In the American Fork district. i
|. Utah. there are 100 miners at worl
On every property they seem hopef1
OF success and Indications are this
: several additional properties win
= shipping ore before the season closes
Utah Copper broke all It's preyiou
= production records In May with a