The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1916-07-14
AROUND THE MINES

us 81 the Otah smelters at the rate
Oh 5000 to 5000 tons a month over
and above the ore treated.
Utah Copper ranks first in the
amount of dividends disbursed DURING
the month Of June-$4.S73.47O. Chino
CHINO is second, with $I,957.455. and
nevada Consolidated third, with ST.
5O0,00
Alaska gold in June milled l64.sOO
TOMS assaying $1.O6 VS.. $l.4O in NAV.
Anaconda June production 2S,lOO. 900
pounds copper VS.. 10000 900 in MAY.
SS'SOO,OOO in April. and 22,lOO 900 in
June, 1915.
fankee Consolidated has encount-
cred another bunch of high grade in
the Humbug block OF ground, which
the company is working. The aver.
age of the ore carried 100 ounces sill.
yer, with little gold and some lead.
Returning from Boston, where he
conferred with the directing officials.
Manager A. d. Moffat of the Majestic
Mines company, which is operating
several Beaver county properties, says
that considerable new work has been
mapped out.
Dividend disbursements by Amert-
can mines and works made a record
In June little short of wonderful. Ac-
cording to reports made to Mining
and Engineering World, sixty-eight
companies disbursed among fortunate
shareholders in June no less than
$3,O67,016.
AT a special meeting of the direct
ors OF the Tintic Standard. it was
voted to increase the capital stock
from $1,000,000 to $1,000, 900. Pro
ceeds from the additional 300, 900
shares will be used to purchase sew.
enteen adjoining claims and finance
he new shaft.
Confident that ore in paying quaint.
ties will be discovered along the over.
thrust contact, the management OF the
cottonwood Atlantis Mining company
he property of which is located in the
Little Cottonwood district, has started
a crew of miners to driving in the
Contact tunnel
The largest well of the Greybull
Wyoming, oil field has been brought
n by the Greybull Refining company.
is gusher with flow of LOO bar.
els daily. and is close to the twenty.
i've other producing wells which this
.ompany has brought in since it began
'perations about six months ago.
Fifty properties classed as goldfish
| d. L. It,rt
ENDS during the month of June, 3d..
.74,4S6. OF this amount forty com.
anies operating properties in the
United States contributed $12,O87, 667 !;
janada, with nine companies, dis
.ursed $1,O29,592, and one Mexican
ompany paid a dividend amounting
o $57,227.
Dividend disbursements by Amerf
an mines and works made a record in
une little short of wonderful. Ac.
sording to reports made to the Mining
nd Engineering World, sixty-eight
ompanies disbursed among fortunate
shareholders in June no less than 1884,.
j67,016. This is only $16.392,943 less
han was paid during the entire twelve
months of 1908.
Fifteen copper companies made rec.
ord disbursements in June, having di.
Jided among shareholders no less than
P15,557,707. This amount should be
increased to $19,737,7O7 by reason Of
he fact that the $4,200,000 declaration
Of the Kennecott Copper corporation
was made from earnings from its cop
per properties in Alaska, and not from
It's holdings in other companies.
High prices of metals during the
last six months caused Utah produc
ers to put all available miners to worh
getting out ore, says a bulletin by th'
United States geological survey. Re
ports received by the survey indicate
, that no great increase in gold maj
! be expected for 1916, but silver pro
= duction has gained over previous
years, principally from Bingham.
The accomplishment OF the mining
industry in the six-month period jus
, completed warrants the forecast tina
1916 is to be a record-breaking year
: says the director of the United State
|. geological survey in summing up hi
. official mid-year review Of the minera
industry as. reported to him by tn
=. government biologists and statistic
, ians covering the different subjects.
: With dividends paid in June by mir
q ing companies almost one-third Q
D what was paid during 1915, with meta
authorities predicting 75-cent silver i
the near future, with Great Brutal
9 and the allies bargaining for half
] billion pounds of copper, the attentio
: OF the investing and speculative pull
I lie is rapidly being focused on ives
S ern mining issues, in the opinion c
. many mining men.
:, From Rochester, New. comes wor
that work will begin at once enlarl
/ ing the mill of tie Rochester Mine
! company. The capacity will be 20
' tons.
!, The Judge Smelling company
D about TO increase its constructor
= force on the new zinc smelter a
' | Park CITY to 200 men and the wor