Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1917-01-30
MINING NOTES

The completion of the concentrat-
ing mill for the Constitution Mining
and Milling Co., operating on Pine
creek in the Occur d'Alene region, is
not expected before the middle of
next month.
The Continental Co., owner
of a lead-silver property at Porthill,
Idaho, shipped 1875 tons of concen-
trates from the middle of August last,
when the operation of it's mill began,
to January Is, according to the an
nual report of the board of trustees.
Several properties in the Chewelah
district, including the Copper King,
have been acquired by an eastern
syndicate and will be made to yield
on a larger scale, according to d. F.
Strobeck of this city, who, with w. H.
Latta of Chewelah, closed the trans
action.
The construction of a $22,500 tram
way for the Richmond mine is pro-
ceeding with unusual speed consider
ing the depth of snow, according to a
report from Adair, Idaho, where the
property is situated. Two standards
have been erected and part of the
cable has been hung.
Crosscutting for the O'Neil claim
to intersect the easterly extension of
the Tiger-Poorman vein will be start
ed by February / at depth of 1000
feet by the Marsh Mines CONSOLIDATE
ed, at Burke, Idaho, according to a
report from the board of trustees. A
1,200-foot section of the vein west of
the fault yielded $6,00O,0O0 net to the
Tiger-Poorman Co.
o. w. Mcconnell and w. A. Cas-
Teton have sold to the Furnace Creek
Oxide Copper Co. and Eugene B. Mil
burn of Butte, the Eclipse Argo mine,
situated three miles above the mouth
of the He'll Gate canyon near Can
yon Ferry, Mont, for 100000. C.
w. Goodale of Butte is president of
the Furnace company. The mines
are copper and at one time were
heavy producers.
Negotiations are proceeding for<rne
sale of the Ben Hur, San Poif and
Trade Dollar mines, which have yield
ed 100000 in gold, and plans are
being laid for deep and extensive de-
velopment, according to a report from
Republic, Wash, where the proper
ties are situated. The sum involved
has not been made public The iden-
tity of the purchasers has not been
revealed beyond the statement that
they reside in the east. The owners
and stockholders reside in the In
land Empire and Canada.
The stockholders of the Tamarack
and Custer Consolidated Mining Co.,
in annual session voted to retain Je-
rome j., Harry l.. and Eugene r. Day,
r. III. Knight, Frank M. Rothrock.
Edward Boyce and Ramsay M. Wal
ker as the board of directors for the
ensuing year. The financial condi-
ton is reported to be good, there be-
ing approximately 100000 In the
treasury after the payment of $780,
900 for the Frisco mill and $4,000
for a new tramway connecting the
mine with the mill, although the mine
was operated only nine months dur
ing the year 1916.
Metal Market.
The metal exchange quoted lead
S7.75 bid. Spelter firm; spot East st.
Louis delivery. 9A bid.
i Copper strong; electrolytic first,
second and third quarters, S29@32. so.
Tin-Steady; spot. $45@45.50.
Bar silver. 761ac.
Mexican dollars, soc.
AT London-Spot copper, f132 SIS;
futures, f12s SIS; electrolytic, f143;
spot tin. f1sS It's Cd; futures, f190
2s Cd.
At London-Lead. $40; spelter, Esq
: los.