The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-05-03
MINES AND MINING

| '"i VI the proposed Smelter i'm the
DugWay district was authorized last
week at meeting Of the board Of d.
rectors of the Dugway Smelling COM
pany
Application to the public utilities
commission by the Utah Gas & Coke
company for an Increase in rates has
Furnished fresh stimulus to the various
companies preparing to drill for gas in
operations.
The production of Park City during
the past week again fell below the T.
Voo,ooO pound mark, although practical
" all properties were active. The on
tario continued at the head of the LIST
OF shippers and the Judge Mining &
Smelling again contributed some spel-
ter shipments.
The development of the Dugway Sill
yer Bell property is to be resumed next
week, according to information given
out at the company's office All equip
ment and supplies necessary for a Wig
orous development campaign of several
months have been acquired and are
now at the property.
Assay returns of samples of the
Spring Valley copper ores. from the
property east of Ely, New, brought in
a Few days ago, convince the man
agement that the holdings of the com
pany give excellent promise of devel-
oping into ii mine of Importance. if sys-
tematically worked
Leasers of the Tintic district who
have just been called upon by the state
board of equalization for figures show
ing their net proceeds or profits dur
ing the year 1917, and from whom the
state Officers are preparing to reach
out and take a 3 per cent tax. are
making plans to resist collection.
Owing to delays and confusion Incl
dent to the settlement of labor differ
ences, the production of the Tintic dis
trict was curtailed considerably during
the week The differences all have
been satisfactorily adjusted but the
forces at the various properties are not
yet up to normal. The shipments to-
tailed 1913 car Loads.
There is strong movement on foot
in Washington to curtail the importa-
ton of ores INTO this country, owing to
the shortage of ships, and it is the in
! tentiOn of the bureau of mines and
other government departments to slim
ulate in every way the production Of
manganese and chrome ores in this
country, it is believed
Ed Gutenberg, who has a bond on
the Flynn group in the Occur d'Alenes,
has made contract with the Star Min
ing company and will work the Flynn
| from croSscut he will drive from
the Star workings. He expects it to
require nearly 700 feet of work to reach
the Flynn vein. He will commence
work as soon as supplies can be Sc
cured.
Samples taken from the lowest point
in the workings below the third level
OF the Emma mine gave return of
| lS6 ounces of silver and IS per cent
! lead. This is the highest grade of sui
phide ore that has as yet been encoun-
| tered in the mine since the work on
| the continuation of the famous Emma
stope was started little over a year
ago
Pamphlet reports of the prophyry
copper companies, Utah, Chino, Ray
and Nevada, will be issued shortly.
Nevada's report will show ore reserves
of approximately 70,000OOO tons,
against 67993,117 at the end of 1916,
an increase of about 100000 tons last
year. 1t is expected the four compan-
les will make new production records
| this year.
The zinc industry of the United
States is fast approaching crisis
which will end only with the survival
| of the fittest. Enormously overhuilt
| by the stimulus of the high prices of
1915-16 it has been staggering during
| the last six months under great ac-
| emulation of unsold stocks, and the
| market has become severely depressed,
| says the Engineering and Mining Jour
| nal.
Midwest Refining financial statement
| as of December 81, 1917. indicates total
net income of S16.536.s47. After de
Quoting S2.4l0,O36 for depreciation, and
! 81. 1852. IA for federal income and ex-
cess profit taxes. net earnings avail
able for dividends amounted to SILL
/ 364,667 equivalent to 44.5 per cent
on S25,5jS.35O capital stock outstand-
ing. compared with Il per cent earned
on Sl9.336.OO0 stock outstanding at
| the end of 1916.
! Just after our last war with Great
| Britain. in 1914, We managed 10 pro-
duce some twenty tons of copper in
| his country EnE nnnN u Nnlr lnnra-