Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1917-05-15
MINING NOTES

Officers of the American Mining
congress announce that it has been
decided to abondon this years con-
vention of the organization rather
than detract from the aid it may ex-
tend to the government during the
war.
The Berlin Mining Co. has been in
corpOrated to operate on a group of
claims situated IA miles southeast of
Northport. The board is composed
of Henry Baier, president; Thomas
Meagher, ecretary-treasurer; o. p.
WiltermOod, superintendent; c. r.
Smith and Wolford Sensney
Organization of the Black Barb Min.
ing Co. has been completed and opera
lions started on the property on May
1. An expenditure of $4,000 to $780,
600 is to be made in development
Operations will proceed under the di-
rectiOn of ]. G. Sawyer, manager of
the Red Elephant Consolidated Mining
CO. The mine is in Kelly gulch, II
miles from Haley, Idaho.
Payment of $34,2SO was made last
week to the Wall syndicate by the
Frank syndicate, which is taking over
control of the stock of the Butte-Bull-
whacker Co., making the third thus
far, says a Butte report. The remain
ing payments will cover period of six
months, with $4,000 due the Wall syn
dictate within three months and $4,000
to the Butte-Bullwhacker Co. In all,
there remains to be paid b htye Frank
syndicate $4,000.
The Rex Consolidated Mining Co..
operating in the Occur d'Alene region
of Idaho, received $4,000, the proceeds
of sales, in April. The reduced output
results of a series of Interruptions in
milling. This includes a period of sus-
pension in which the old track cable
used by the Sixteen to One Co. was re-
placed by cable supplied by the Rib
let Tramway Co. Bad water played a
part in the Interruptions.
Charles F. Caldwell and associates
have taken over the Gold Cure group Of
six claims on the south fork of Kaslo
creek in British Columbia, according
to a report from the field. The Gold
Cure is on a mineral belt occupied by
five other properties in which ore has
been developed. Among these is the
Silver Bell that was discovered by two
Swede boys in the early rush to the
SLOGAN country. The boys removed
$4,000 from the surface and declined
$4,000 for their holdings. Mr. Cald-
well proposes to open the Gold Cure
on an important scale. His plans in
clude the driving of a tunnel that will
attain a depth of 1,2O0 feet on the
! ledge.
Mines Break Records.
All mining records of the Occur
| d'Alene region were shattered in 1916.
Sworn statements filed with the asses
sor of Shoshone county, Idaho, show
the gross value of the ore produced
from 16 mines was $50, 466, ia in that
period. In round figures this is So
000, 900 greater than the value of ore
produced from Is mines in 1915 and
S12,600,000 greater than the produc-
ton from II mines in 1914.
The net profits of 1916 were $12,-
114,099, which is $2AOO,OO0 greater
than 1915 and nearly double that of
1914
The cost of freight and treatment
was $9,S73,1 79 in 1916. This is $3.000,-
900 greater than 1915 and $3,5O0,OOO
greater than 1914. Betterments and
repairs cost S1,152,24S in 1916, twice
that of 1915 and only a little greater
than that of 1914.
The quantity of ore produced was
greater in 1916 than either of the last
two previous years. The great in
crease in the gross value and of the
net profits results chiefly of advances
in the prices of the metals.