The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1915-09-17
MINES AND MINING

Ilnlic shipments for the FIRST bo,t :,
1912 amounted to 2,77O carloads CO.. u
mated at 13S.50O tons val,,aa es =.
So. 460, 900. ' valued az
shipments Of ore from the n;nou
farK City, Utah, the past week tota,oa
LOB tons, valued at $500 TIT G =
compared with 1,7Sl tons the nra, -s =
week. ~ '"e previous
Presidents of three Of the bis s,oo,,
exchanges of the country will attena
the convention of mining hroIna-
which meets in San Francisco Son
TENDER 81 and %. ivy
EAceient progress is being made in
the construction of the new min ~
T1ntic. where a force of between "a
and 100 men is now busy mainly with
the concrete foundations W
shipments of ore from the mines NJ
iIntic last week totaled 1s1 earloaas
THIS Is estimated at $3.50 tons valpad
at $4,000. 1t is compared with lao
carloads the previous week.
The Claffin-Fields lease nm The
Quincy level of South Hecla is shin.
ping carload of medium grade orc
daily and the leasers expect IN in.
crease this to two carloads directly
II is reported that the Lake View
company, whose property is near sa.
me, Utah, has distributed this sum.
mer more than $4,000 in dividends
among its five principal stockholders
During the first half of 1915 the
Park City mines shipped a total of an.
proximately $4,000 tons of first-c,ass
crude ore and concentrates from the
mills. The production is estimated at
100000
Leasers on the old Silver Shield
mine at Bingham have recommends
shipping. A carload just sent to mar.
ket sampled rs per cent lead. 10
ounces silver, per cent copper and
81 in gold to the ton.
Directors of Anaconda will meet for
dividend action this month. Anaconda
has been paying 50 a share annually
and it can be assumed that in view of
the change in par value from S25 to
$50 share the common dividend will
be 81.
Recently the Utah Copper company
added somewhat to its large acreage
by the purchase of number of farms
located in the vicinity of the Magma
and Arthur plants. The price aggre
gated $4,000. 1t is said that the OBJ
ject of the purchases of most of the
land is for failing dumping purposes.
Forty-eight thousand dollars will be
the production of the Seven Troughs
Coalition for August on a twenty-day
run. There was loss of the balance
of time caused by breaking down o.
the engine. Otherwise the mine would
have produced $4,000 that month, {
record in the history of the property.
Mining men of Tintic are all inter
ested in the new strike at the Yankee
able speculation with reference Il
tlIis new ore deposit, which may be {
continuation of the ore which the May
Day people have been mining for some
little time or an entirely new deposit.
General Manager r. c. Gemmell o
the Utah Copper company said las
week that judging from preliminary
figures and the general conditions O.
the mine and the work at the Garfield
concentrators, he roughly estimates
that the August production of tht
mine should be about the same as tina
of July.
Final figures on the operations an(
earnings of the Goldfield Consolidated
Mines company during the month O.
July have been made public. The re
port shows that during the periot
named the production of the various
properties amounted to SS.9SS tons o
ore, which yielded net profits o
| sos, 291.93.
With record-breaking exI orts OF 266'
600 900 pounds during the June 80 MS
cal year, the increase in spelter ex
ports from United States showed one
of the very largest gains of any sin
y
gle commodity figuring in the expor
trade of this country The previous
year witnessed but 100000 pounds
shipped abroad.
Utah mines, twelve in number nave
in the present year distributed to theil
stockholders cash amounting TO a.
2s2. 569. These mines have paid out u
date a grand total of $57,96b.SoO. Thest
figures are compared with total div
dends paid out by eighteen Utah mines
in 1914 amounting to $6,s96,llS' anC
$7,67S,516 in 1913.
Mine operators throughout the s'a''
are requested by the freight ana or'
committee of the Utah chapter OF th'
American Mining congress to repor
to it any grievances they nay have !,
relation to transportation and slie''
ing matters, as the committee Is pre-
paring a report which will be iof"Ai u
ed TO headquarters at once
There was exported in the year e ~,
ed June 80 last a total of 25Z'oOO'VV'
mounds of lead from the United states ''a
which broke all records. on ti'iS 'oI
1000 1a2 o24 221 pounds represent