The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1917-04-06
AROUND THE MINES


Reports from the Antelope Star are
that the work under Manager Parker
Is showing improvements in ore dis
closures.
United States Smelling 4 Refining
company directors last week declared
quarterly dividend OF alas share
ON the common stock.
Word has been sent in by Secretary
r. II. Mead OF the Tonopah Cash Boy
that vein OF ore that shows shipping
values has been struck.
From Butte. Mont, comes word that
the second payment OF $780, 600 has
been made on the option the East side
Mining company held on the Bull.
whaeker property
North Butte has declared its quar-.
teFly dividend OF 81 = share. IL will
pay April 80 10 stock Of April III.
Three months ago the company de.
clared a dividend OF rs cents,
From Provo comes word that the
Pathe Mining company has filed ar
ticles Of incorporation with the county
clerk. The eompany's principal place
OF business Is American Fork.
II in reported that the Earl-Eagle OF
American Fork has struck two feet of
quartz In the 9O0-foot tunnel. II Is
said that vertically over the present
face Of the tunnel some ore outcrops
The management OF the Seven
I Troughs Mining company. owners OF
the Fairview mine In the Seven
Troughs district. announce they viii
start shipping ore from the property
soon.
II is reported from Washington
county. Utah, that considerable min.
ing activity IL now on at the old camp
OF Silver Reef, west OF Touqnerville.
One report is that 275 900 tons OF old
taiiings dump may be worked over.
II is reported from ST George. Utah.
that . new copper district has been
discovered about twenty-five miles 70
the east and north OF the Temple city.
This is not far from the Virgin OH
field. which attracted considerable
attention ten years ago
IL is startling TO End that steel mills
have sold 2.2s0 900 tons OF rolled pro
ducts thus far In March. notwithstand
ing enormous drafts made after a pro
daetive capacity in the past few
months. Heaviest buying has been
done by railroad and agricultural in
tereSts.
Officials OF the Tintic Standard have
for some time been negotiating with
the railroad to build one and one-hali
mile spur over TO near the mine work
inga on the east side. II this IL not
done. IL is said that when the new
shaft Is connected with the ore body
next summer tractors may be put on
IL In stated semiofficially that the
Master Key Mining company has beer
financed aud that the new shaft viii
probably be carried down To the 40C
level before prosecuting the country
This ahaft site is located short dis
lance northerly from the workings OF
the Hoosier Boy in Star district oil
Beaver county. q few miles west OF
Milford. Utah.
The officials OF the Argonaut Mining
company have demanded a reheAfini
from the listing committee Of the Salt
Lake mining exchange which ordered
the stock removed from the beard last
week because the property was mol
working Alleged sharp practice" lee
up to the controversy that resulted 10
the putting of the stock into temper
airy eclipse. Then some brokers were
short" 10000 shares
The copper market has been quiet
during the past week. Scattering lots
for electrolytic for nearby and third
quarter delivery has been offered by
resellers at concessions. giving the
market rather an unsettled appear.
Rnce. but no change has been report.
81 In the quotations Of larger aEen.
eiss-
Cardiff. Wales. has become known
as the Pittsburgh Of the British Isles.
Like the American city the coal mines
are largely responsible for It's boom.
although shipping has played no small
part Some men who were shipping
clerks two years ago now own string
Of ships AID coal miners are making
t10o a week.
Already the Moscow OF Beaver coun-
~ has extracted about seventy ave
tons Of firsteiass ore from lie new
strike on the l.4eo-foot level In spite
, OF reports 10 the contrary. officials de-
clare that the strike Is 600 70 100 feet
within the lines Of the company. and
the ore Is dipping right into the heart
OF the big domain.
According TO statistics published By
the Financial Chronicle. the worlds
gold production IN 1915 vas valued It
S45S.sos. 7ei. as compared with S4Ti..
s24.I45 In 1915. the largest In history.
In 1914 the oatput vas valued a. s4t2..
65s,7ez The worlds total gold pro
duetion amounted to 22.fsssii fine
ounces. as against 2Z.s35.o14 ounces
in 1915 and 2I.4is.7oI ounces In 1914
Drilling operations In the vicinity