The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-11-08
MINES AND MINING

IL Is reported from northeast T1ntic
hat the Copper Leaf has struck ore
N the shaft The story is that some
iead-silver values came in near the ooo-
foot level.
Installation and successful operation
If The second air compressor for the
property of the Western Utah tx
tension Copper company al Deep
Creek Is reported by General Manager
A. T.. Custer
Some improvements have been noted
ately in both working faces OF the
Eureka-Liiy, according to the latest
information from East Tintic where
1t Is located, adjoining the Standard
IN the west.
Completion of the United States
Metals Reduction cOmpany's plant, To-
Gated fifteen miles out Of Castleton
and nifty miles from Cisco, for the
treatment of the radium-bearing ores
there is announced.
Mining operators of the wesl as a
rule have the unshakable opinion that
after ihe war mining will witness pos
sibiy II spectacular rs well as The
most substantial improvement ever
known TO the industry.
From Spokane, Wash, comes the re-
port that the mines Of Idaho, British
Columbia and Washington paid S5,62S,-
592 In dividends during the third
quarter of this year, according To hg'
ures complied from latest reports OBJ
tainable.
From Fairbanks, Alaska comes the
report that present day Alaska gold
stampedes are quiet affairs, generally
held with MS little publicity rs pos
sihle by the men who rushed north
In the 1898 rush; more Of 1t was heard
In the roadhouses than on the gold
creeks, even then.
1t Is reported from New York that
hfty-six companies with an aggregate
authorized capital of $59,922,G1 were
organized during September for the
development Of oil and gas resources
Of this country. This Is the best
showing for any month since April,
when the total was $61 ,729,OOO.
From Washington comes the news
that blast furnaces running ut capacity
are operated ut the record production
rate of $4,000, 900 tons Of steel and H.
100000 tons of pig iron year, ac-
cording to announcement by the war
Industries board. the demand is mp
proxmately 5OOO0,OOO tons year.
Silver King Coalition property,
among the largest silver producing
mines In the world and the largest in
Utah, which was managed by the late
Senator Thomas Kearns, Will In the fu'
ture be directed by an executive com
mittee headed by w. w. Armstrong
president of the Copper National bank,
Placer mining Is now attracting more
Interest In Nevada than for many
years. A dozen or more districts III
the state yielded placer gold In the
early day operations, conducted in
many instances by Chinese miners, but
the lack of water has long been sup
posed to preclude successful placer
mining.
Considering September was shor'
month and the l. w. w. again attempt
ed to obstruct mining progress, pro
dmetion of l5O,760,OO0 pounds of cop
per by twenty of the representative
copper companies did not compare un
favorably with Augustus output, til,
decline amounting to but i,Sol,oo,
pounds, says the Boston News Bureau
War copper used by the Unitet
States and the allies, for seven months
ended lust 81 last. Is estimated Il
have been approximately l,25s,oOm,W'
pounds. equivalent to 2,l5o,0no,Oo'
pounds annually. During this time thu
war consumption of the metal by thu
United States plants was more thar
double that of France, England. Ital!
and Canada combined.
According To the United States geo
logical survey. promising deposits o
manganese have been discovered dur
| ing the last two years in the arid re
gions of the southwest. These yielde,
| last year 10000 tons of ore, which con
| TUNED 81 per cent to Al per cent man
| s-.,Nnsa ~-d the out"nt Tor lost bot
OF lYlS Is es,.u,,.ed at $500 10 1000
tons of over 81 per cent grade.
The state council of defense o
Idaho has put the "crimps" in score
| of oil promoters by the order issued L
the effect that all stock must be M
proved by the capital issues COMMITTEE
before II can be sold That mean
thai large percent of the would-b
oil companies now drilling in variou
parts of this and neighboring state
will cease TO operate II they depend o
stock sales receipts to prosecute tn
work.
Any mining stock market that ca
come through the parlous times W
have faced In the past four years wit