Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1915-05-07
THE COEURD' ALENE
MINES PAY WELL
NET PROFITS OF YEAR 1914
OVER $4,000 ACCORDING
TO THE REPORTS.
HERCULES STILL THE LEADER
Total Extraction Was 1900, e2o Tons
With Gross Value Of $16,7e4, 587
Companies Report Improve
ments of Nearly a Million.

Net profits OF the Occur d'Alene
mines for the year 1914 were over
100000, exceeding the figures for
1913 by over 100000, according to re-
ports filed with the assessor of Sho-
shone county, Idaho, of the gross re-
ceipts, profits and tonnage.
The total figure announced at the
assessors office in Wallace was $4.-
37,693.51, with the Hunter and Stew
art mines not reported. The Tama-
rack and Custer mines announced net
profits of $1S7,O63.93 and gross value
of output, $S2S,961.31. Tamarack ex-
tracted 2O,6S5.6 tons of ore during
the year and expended $10,75214 for
betterments.
Interstate-Callahan reported net pro-
fits of $1S2,255.T and gross value of
output at $957,35S.92. Ore extracted
amounted to SS,664 tons and $13,541
was spent for betterments.
Marsh and Success reported losses
in the years operations, the deficit
of Success being $23,946.16.
Other mines reporting are as fol-
lows: Hercules profit 86S,761.81;
Caledonia, $332,S57.O1; Sierra Nevada,
$159,239.55; Bunker Hill & Sullivan,
$S02,599.41; Hecla, $196,136.57; Fed
eral Mining & Smelling company of
Mullan, $99,122.16, Wardner $7,942.77;
ureen Hill-Cleveland, $1,046 sos.
Producing mines in Shoshone coun-
ty have reported net profits of $4,937,-
691 for 1914 for assessment purposes
this year. Accord ng to the reports
the total extraction was 1,60O,920
tons, and the gross value was $751;
7S4,587. To extract this tonnage cost
$5,7SO,S97, while transportation and
reduction cost $3.50 lat. The 10
mines report the installation of per-
manent improvements and better
ments costing $7S8,782 during the
year.
Only three of those reported show
loss for the year. The Gold Hun
ter, for the 18th consecutive year
since the net profits assessment law
went into effect, reports loss of ap-
proximately $45,926; the Snowstorm.
which for 1913 reported net profit
of $137,455, reports loss of $22,394,
and the Success, which last year re.
ported a net profit of $9190, had a
net loss of 1923 946. The Ontario Min
ing company, which last year reported
profits of $1S3,791, and the Stewart
Mining company, which reported prof
its of $561,432, have not filed theil
reports for 1914 operations.
Monthly Output 133,41o Tons.
Some interesting figures are OBJ
tanned from the reports filed, show
ing the immensely of mining opera
tions in the district. The MONTH.
output of the Is mines was 133,41'
gross tons and the daily output wa
$500 tons. The monthly gross value
was $1,397,049 and the daily yalu,
$46,56S. 1t cost $4S1 TAI a month ant
$16,05S a day for miners to extrac
this tonnage. The railroads AM
shelters received monthly $44G,42
and daily $14,S80 for transportation
and reduction The monthly profit
were $411,474 and the daily profit
$13,715.
| Inc llSnuSoo vi lhC SuAS
donia ores is shown in the report @
that company, it costing $64,9S7 t
extract 1886 gross tons, valued a
$560,958.
1914 Profits Above $5,500,0o0.
1t is estimated that the total ne
profits for 1914 will be more tina
$5,500,00O or approximately $4,000
greater than for last year, in the fac
of curtailed output, due to the Eur'
pean war and adverse metal markets
, Prospects for a record output thi
year are bright and enormous profit
are anticipated, as every mine in tn
district is being operated. The 191
output ranks second for the last ]
years, only exceeded by 1907, whe
net profits were s6,436,756. 1t is clos
ly followed by the 1908 profits, St
: 343,310, and establishes new hig
: point for gross value.