The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1916-11-10
AROUND THE MINES

valued at S1Ob,2O2.
Omitted Verde declared its regular
75-cent quarterly dividend last week
and rs cents extra, payable Novem-
Der I.
They are again predicting 30-cent
copper for the near future. Last
April It reached that mark for the |
best quality.
September production OF Chino |
amounted 10 7.3s7.2O4 pounds; Ray
Consolidated, 6,25O,937, and Nevada
Consolidated. 8.360,lS0.
Visible copper in England, France
and afioat decreased 562 tons from
October Is 10 November /, with III
s56 tons on hand November /.
Lakeview Mining has shipped Ave
carloads of lead and zinc ores In Oc'
tober, and has four carloads broken
at the mine awaiting shipment
According to Boston advices, Inspt
ration Consolidated Copper company
will hang up a new production rec
ord In October, according to present
indications.
Utah Copper company's September
production amounted to 20,462,266
pounds. This Is compared with 100000
900 in August. and 100000 estimatr
ed for October.
Manager Friedman of the Rochester
Mines company has awarded the con-
tract for the construction Of q 1900
foot aerial tramway from mine to
mill. The cost 10 estimated at $4,000.
According to word sent in from
Tintic, the incline from the 500 level
Of the Eureka Lily Is now down 212
feet. Since II entered the footwall q
change in the formation Is noted.
This work now has vertical depth
OF about TOO feet.
AS the result OF a compromise Ell
fected out Of court. the Neva Mining
company will have decided to It from
the Cardiff Mining company several
| fractional claims. They amount to
about thirty-five acres, or almost equal
70 two full claims.
Convinced that the supply OF ore at
| Garaleld u practically inexhaustible
officials OF the Utah Copper company
have announced that the concern Will
spend 1000, 900 in improvement work
to facilitate the work OF taking out
and treating the ores.
Good progress Is reported from
the Logger operations on the ground
In Big Cottonwood canyon across the
stream to the south from the Max
field mine, which Is now under devel-
opment by the Boston Development
company. The new tunnel is now in
l3O feet.
The American Smelling & Refining
company on November declared
quarterly dividend OF III per cent on
the common stock, establishing that
issue on q regular per cent basis
Previous quarterly dividend this year
we're declared in the form OF l pei
cent and n per cent extra.
Good progress il being made at the
tunnel OF the Montana Bingham. Thii
IL being driven 900 additional feet
from the 4,0AS-foot point in from th'
portal Just above the houses on tins
northeast side of town. The last re
port from the front was that the worl
Is now in about 4,26O feet
The face OF the south tunnel OF thu
Antelope Star mine Is still In ore ant
prospects appear exceptionally bright
, according to the management. TIL
remarkable market for Antelope Sta
which has prevailed during the pas
, week Is accounted for by the appaI
ent likelihood that big ore body vii
shortly be developed.
Transactions on the Salt Lake mir
ing exchange in October totaled 2
! ss6. 531. Asst shares valued at $429,o4i
q against $21s.045 in September. an II
crease OF S21l, 900. or about so pc
cent gain. This Ia taken as a certai
indicator that the market has begu
10 broaden again. with indication
that November and December will wi
ness continued lively times on the e.
change,
One OF the longest raises evs
made In a Bingham mine Is now bein
sent up by the Congor Mining con
pany to prospect at great depth an
TO make an important air connectic
with It's upper workings. This rails
: from the Montana Bingham tunn
" level is now up 900 feet. 1t still hi
: 400 to 500 feet to so to make cone
ton with the block OF ground whiC
now IL producing regularly.
According to the Boston News b
reau. "the picturesque but neverth
= less truthful statement may be mas
" that at the present time Utah Copp
u Is earning no less than 100000
week These figures, OF course,
:" clude Utah's 81 per cent interest
y the earnings of Nevada Consolidate
~ II maintained for a full year the
y earnings would be equal to over
" per share ON Utah Copper's 1880
y shares"
= Estimates by the Utah Copper co
~ pany indicate that the production
- copper at the Bingham mines viii