The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1916-01-08
The Phoebe Record
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Silver production in the United
States in 1915 amounted TO 674So,6oO
fine ounces, a reduction coinpafeu
with 1914 of 1868, 500 fine ounces.
Actual profits from copper produc-
ton in 1915 surpassed $lO3,000,o0U
and will exceed $122,00OO00 in 1916
according to most conservative esti-
understanding, of course, unforeseen
catastrophies.
Nineteen hundred and fifteen was
Montanas best year as measured by
total value of mine output OF the
metals. There was an increase in the
mining of all the metals, but especially
of lead and zinc.
Business on the Salt Lake Stock
and Mining exchange for the year Just
ended amounted to a total OF 1885,
AS shares sold, valued at $685.
1854. This is an increase OF more
than 500 per cent.
Nevada produced the most silver
the past year having mined 1895
900 fine ounces Montana was second,
with 12,690,200 fine ounces; Utah
third, with 11,156 800, ana ldaho
fourth, with 10,595,300.
Gold valued at $98,S91.1OO was pro
duced during 1915 in the United
States, according to a joint announce
ment by the director OF minis and the
geological survey Last year the to
tai was $94,531,S00
Since the first gold was mined in
Alaska in 1880 the territoy's total pro
duction of the precious metal has ag
gregated 1851 050.000. The United
States bought the territory from Rus
STA in 1867 for $7,200,000
For the eleven months ended No
vember 80, Bingham Mines earned
1865 from its mines at Bingham
as compared with S6S2Sl for 1914
From Eagle and Blue Bell dividends
the company received $104,250 add
tional.
Total recovery of zinc by the Butte
& Superior for the quarter ending De
cember 81, 1915, is the highest in the
history OF the company and will ap
proximatc 47500,00o pounds as com
pared with 41,23O,O00 pounds in the
previous quarter
Conditions are unusually favorah'e
In the lower workings Of the Gemini
mine, according to Stunt. John H. Nc
Chrystal, and deposits of high grade
Il, Il - bni n
both the 1900 and loo levels, says
the Eureka Reporter
California led in gold production
the past year with value OF s2S,
005,SOO. Colorado was a close second
with $22 200; Alaska, third, with
$16,626, 700, ana Nevada, fourth, with
$11.314,7 200 No other state produced
more than $S,o00,oo0
The domestic output of quicksilver
in 1915, based on preliminary figures
was 20 6Sl TASKS of seventy five
pounds each, valued, at the average
domestic price for the year at San
Francisco estimated at $3.50 a flask
at 81 1925.
The value OF the increase in OUTPUT
OF metals in idaho III 1915 was over
53 per cent, with total production
CT $37,7S0,000. The gold production
was near;y the same as in 1914, silver
increased about per cent in quantity
although it decreased in value
Copper mined in the United States
during the year was valued at abou
$4,000 600 more than in 1914; tota
iron production increased 80 per cent
spelter Increased % per cent in guam
tity, and sS5,00o,0Q) in value, and gol'
production increased $700000O,
Alaska had the most prosperou
mining year in It's history, with q
output worth about SS2,000000. Tha
Is almost $i3,00o,000 more than III
1914 yield and about $4,000 above th
record year of 1906, when the bonan2
placers of Fairbanks and Nome wer
yielding their greatest returns.
Shipments of ere from the mines {
Tintic last week amounted to sixt,
seven carloads estimated at $685.
tons, valued at $4,000. This is con
pared with 1873 carloads the previol
week The closing down OF the min'
for three days during holiday time
the cause of the reduction in the pr
duction last week.
The total dividends paid by thirt
four strictly copper companies fer Il
past year, s57,2j4,454, is gain OF
per cent over tie SAL, 81 4S9 paid
twenty eight strictly copper producil
companies in 1914, and is only slight
below the record copper dividend We
1918, when $50 ,6S5 was disburs
by thirty-five companies as listed he
with. These totals compare with s.
100000 in 1912, and nearly $3S, 90
900 in 1911 and 1910.
During the past two weeks the
Maxfield mine in Big Cottonwood G.
yon, which is being operated under
s250,O00 bond and lease by the Bosi
Development company, shipped
about 200 tons OF ore. 1t is lead
YER ore averaging about $50 ton.
Tonnage lifted by the Butte &
perior for December is $4,000 as G
pared with $4,000 the previous mol
The two new shafts OF the comps