The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1917-02-09
AROUND THE MINES

llnLlc IN the mOnLn OF JdHudIJ
amounted to a total Of 8O2 carloads.
This is estimated at 10000 tons Of
first class ore, valued at 100000.
Shipments OF ore from the Park
City mines in Janaury amounted to
total OF 6,943 tons. This is estimated
Rt $28O,OOO. 1t is compared with a
little more than 5000 tons in Decem-
Der and 800 in November.
Following their first trip over the
Bingham mine and inspection OF the
mill at Lark, President Hubert E.
Kittle of New York were enthusiastic,
not only over the grand scenery, but
the apparent big Possibilities of the
mine.
Sale of carload of ore, fifty-two
tons, from the New quincy Of Park
City was made last week. The ore
came from the developments in the
dissure above the 900 level, where ore
is showing in two faces several hun
dred feet apart on the same fissure.
Samples of the ore brought up from
the Leonora of Beaver, Utah, were
assayed last week and gave the fol-
lowing returns: Lead, 20 per cent;
silver, 35.2 ouno es; gold, 40 cents, and
copper, 8.63 per cent These samples
came from the new drift under the old
workings.
Last year there were n new listings
On the Salt Lake stock exchange. The
fee of 800 each brought in $500.
This year the newcomers are entering
the list faster than normal. During
some recent years not more than two
or three new listings took place in
twelve months.
Recent reports from the Cedar Tai
isman of Beaver county, Utah, are
that the drift on the 300 level from
the main incline shaft is making good
progress. 1t is now out 267 feet. 1t
Is the intention of the management to
continue the drift 200 feet further, or
to about 465 feet.
Inside of about thirty days It is the
expectation OF the management of the
Bankers Mines company to have an
electric plant established on the do
main in Big Cottonwood canyon and
three shifts of men armed with three
or four power drills speeding the long
tunnel into the mountain.
One of the largest mining deals
pulled off in Utah for some time was
consummated in Ogden last week,
when Leroy Eccles, James Devine of
Ogden and F. A. Greenwood of Salt
Lake and associates took over the old
Rye Patch mine in northern Nevada
and two adjoining properties.
Business on the Salt Lake mining
exchange during the month of Janu-
airy amounted to $2,S34,S83 shares,
valued at $563.6O1.55. This is COM
pared with 2,627,185 shares in Decem.
Der, valued at $630,76661. This is a
decrease in December of about 10 per
cent when compared with that heavy
period.
Ore is being opened at fifty to six
ty feet in depth in two places 500 feet
apart on the same vein, according to
President John F. Cowan of the Tue
son-Arizona Copper company, who has
returned from Arizona. The latest
word from the front is that in two
places the miners are still sinking on
good ore.
General Manager A S. Ross of the
Pitts6urgIda has returned from the
Gilmore, Idaho, district, where he
has reorganized his working forces,
which was somewhat upset at re-
cent explosion in the mine that re-
suited in one death and a twelve-hour
imprisonment of dozen mer for half
day. There are now rs men at work
at the mine.
Official announcement OF a gigantic
mining deal was made last week when
it was given out that l.. A. Friedman
had acquired the ownership of practi.
cally the entire vein system of the
Rochester mining district, in Hum
boldt county, Nevada The purchase
include the sale by ffty-four individu,
ais OF seyenty-one claims, comprising
the area lying between the Rochester
Mines company and the Nevada Pack. |
ard mines.
1t is reported from Goodsprings.
New, where many Utah men are now
operating, or are interested in vari. |
Gus mines and prospective mines, that
the new sampler at Jean, which has
been constructed by Utah and Good |
springs capital, viii be operating be-
fore the close of the week.
The copper market in New York
has shown continued frmness during
the past week. Offers of electrolytic
for delivery during the second quar-.
ter were reported at quotations rang.
ing from $3.50 TO $3O5O SATURDAY.. |
while the larger agencies are stiu
quoting SS2.50 for the third quarter
The Queen Of Sheba gold mine. /
which is located about thirty miles (
southwest from Gold hill. or the new
town Of Goodwin. has been leased by /
J, ?. Tanning Of Salt Lake. Control (
Of this property was acquired nv I