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

dend.
Federal Mining & Smelling in May
shows a net of $4,000.
The North Butte has declared d.
yidend OF so cents and rs cents extra
The Kennefck Zinc has declared
its regular monthly dividend OF ~
cents.
Granby's net profits for the year
ending June are estimated at $"''7"'-
900, equal to 500 share.
The Anaconda has posted diFl-
dend of 81, regular quarterly, an In
crease of so cents over the last.
Ore shipments from nv mines OF
Phoebe to Utah smelters the past "eeh
totaled n carloads, estimated at 5'o0o
tons.
Kennecott Copper produced lo,ooo'
900 pounds in May compared with W.
500 900 in April and 1O,15O,OOO IN
March.
There is an old-time oil excitement
on at Wichita, Kans. where a Well
recently spouted 1000 barrels a day
and one man cleaned up $750,OOO in
short time.
Midyear dividend payments, as com
piled by the Journal of Commerce,
will aggregate $292,372,540, exceeding
last years disbursements for that pc
Rod. which constituted the previous
record, by $13,551, 678.
In explanation of the enormous pur-
chases by Japan of copper and other
metals 1t is now said that Japan Is
bidding for and securing contracts for
the manufacture of shells, artillery
rifles, etc, for the allies.
Antelope Star management Is figur'
ing on making a shipment OF two car
loads of ore this week. 1t Is estimat'
ed the ore will carry 500 ton, main
ly in lead. The property Is situated
ten miles southeast from Black Rock
station on the Salt Lake Route.
Assays recently made of ore from
the Shenon-Pope Copper properties in
Idaho, show an average of more than
Is per cent. The vein is eighteen
inches wide and was struck in the
| OUU-LOOL LAG Oh wv
miles above the Salmon hot springs.
Yankee Consolidated is now ship
, ping ore from the Humbug workings
> that carries 95 to SO ounces silver to
> the ton besides the other metals. This
: ore runs we'll over $65 ton, or $4,000
a OF more to the carload of so tons, bring
a ing excellent profits to the company.
One of the officials of the Eureka
! Lily says that quartz has been struck
0 In the crosscut from the 500-foot level
This is out about 200 feet westerly
where the quartz is ten feet wide. In
Q a drift to the north about fifty feet
Q there is showing three feet of similar
t quartz.
s Word received in American Fork
Utah, is that the Belorophon has Anal
d ly struck the ore where the new tun
r mel encountered the big assure whicl
outcrops prominently through the prop
8 erty This is at a depth Of more thai
u 100 feet, and the tunnel is now il
r about $50 feet
The strike OF ore, with values Il
1t copper, silver and lead, that was mad
g recently in the Copper Prince TUNE
on the Michigan-Utah Consolidate
L Mining company's property, located i
the Little Cottonwood district, ha
y been followed for fifty feet. accordin
to the management.
+. The Fort Hall Mining company
K. controlled by Salt Lake men, receive
s. returns on It's first carload of ore an
y the results were so satisfactory ths
II the company has started to sink
iouble-compartment winze in the tut
nel. 1t is said the companys eng
neers are satisfied that with depth
body of good ore will be encountered
The property is near Pocatello, Idah,
Boston directors give out the 70
owing on a Bingham mining company
Utah Apex had another big month
May with earnings nearly up to tt
high level of $4,000 established
april. May was about $4,000 II
light decrease being due to the
cline in price of lead. Production
each month was about 100000
pounds, which rate can be maintaint
indefinitely"
Sublessees on the American Fl;
property of Park City, which recer
ly was taken over by the Park CT
Mines company, have been shippil
N some good grade of gold-silver o
from the 500 and 7O0-foot levels. A
m cent consignment of nineteen to
hi brought about $500. The ore averag
mi $4,000 ton.
M The city is full of mining men, lar
Nh and small. looking for purchasal
n properties, and of miners who wa
M o work in them. These nights
Nh stranger is fortunate If he secures
III place TO sleep. All this as result
hi he publicity Wood rivers mining
SA vival is receiving on the outside, sa
I he Haley, Idaho, Times.
m One of the new big copper prop
v ties of Montana is to be listed on
Salt Lake stock market on account
the large market that the local
,hange now affords Those behind I