The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1917-09-14


inches in the Cottonwood Atlantis was
assayed last week and gave returns Of
$3.50 in gold, 1879 ounces silver. IL
per cent lead and $50 per cent copper.
Up to date the Columbus ReXall has
shipped a little more than 800 tons Of
ore from the new strike made about
two months ago at point 300 feet in
from the portal and 1850 feet vertical
~ underground
The total copper production Of the
Ohio Copper company of Utah for the
first three months after reOrganiZa-
tion I. e., during the months of jan
uary, February and March, 1917 was
l ,424,247 pounds.
Up to the first of August there had
been produced since January l by the
mines and shelters of the country
properties in the United States, Cana
da, Mexico and South American coun-
tries-a total of 1,27G,241 ,573 pounds
of copper.
Tips from New York put out the in
formation that it was rumOred that the
following bases had been agreed upon
for furnishing the government require
ments: On copper, % cents a pound;
steel, sos ton, and a bonus of 10 per
cent, and $50 ton for pig iron.
Another exceedingly tantalizing en-
barge from the Utah shelters was re-
ceived on Wednesday of last week by
many if not all of the Utah mining OPP
orators. 1t is effective at once and
means another stoppage Of most of the
movement of ores other than the iron
fluXing.
Directors of the Utah Copper com
pany at the meeting in New York last
week declared the regular quarterly
dividend of $3.50 a share The usual
distribution date is September 30 This
Gals for the payment of SJ,6S5,715. 1t
will bring the 1917 distributions up to
| SIT, ST., $50.
Another Bingham company, the
Bingham mines, declared dividend
last week, through the Boston director
ate, which controls this holding COM
pany. The amount is 80 cents IL share.
| 1t will be paid on October l to stock
of record September 20. This calls for
| ST. 800.
From streak of rich ore in the
Woodlawn of Big Cottonwood district
some S175 ore is now being saved for
future shipment. Several tons have
been taken out in drift on the 100
foot level below the main tunnel. The
streak of rich silver-lead ore varies
from six to fourteen inches.
Manager NJ. p. Braffet of the Pa
Iona announces that carload of ore
is now at the samplers from the
Beaver county, Utah, property. The
ore came from the 900 and 700 foot
levels. The mine sampling of the ore
denotes that it will carry well up in
values.
Within the past few days the Jordan
River Oil & Gas company was organ
lied for gas and oil near the mouth
of the Jordan river, and already an
official is in Los Angeles closing up
deal for two standard rigs with casing
and outfit to cost approximately $780,
600. The company owns 100 acres of
lands west of BOuntiful, Utah,
Eight inches of ore in a raise in the
east drift of the American CONSOLIDATE
ed Copper was sampled last week by
Manager Smith and showed $362.40 to
the ton. The assay gave the following
results: Gold, 40 cents; silver 222.19
ounces lead, "a per cent, and copper,
SO per cent. The property is in
South Fork of Big Cottonwood canyon.
A meeting of mine managers with
union miners in the Occur dAlene dis
trict to discuss the matter of readjust-
u,ent of the wage scale upward, based
On the price of metal, among other
things, has been suggested by Philip
Ryan, president of the miners union.
The meeting will probably be held
within few weeks.
From Phoenix, Ariz., comes the fol
lowing: "The consulting engineer of
| the Jerome Verde i'm Il signed state
ment says: Drillers faxed the core Of
diamond drill and made Il turn and
! that parties unnamed made deal
with drillers This in regard to sup
/ posed strike some time ago in diamond
| driu hole from United Verde ENten-
| sion ground
A mineral discovery of importance
1 has just been made on the estate Of
/ the Tonopah Divide Mining company,
| situated six miles from Tonopah on
/ what Is known as Gold mountain. The
I find was made by Thomas F. Grimes,
who has been operating under lease
! for quite n period. and who las been
/ highly successful in finding pay min
/ eral
! With seven important mines entirely
/ closed down during the month and
/ number Of other properties contribute
! ing less than their usual quota. there
was full reflection during July Of the
/ widespread miners strikes. 4 COM
! pilution prepared by the Boston News
! Bureau shows that all repairing mines
/ and SmelterS Of North and South Am
/ erica In July turned ont total of