The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-05-17
Mines and MINING

annual report for 1877, which shows
d net profit of S12.s2l 81 FOR the year.
Ten years ago this year-on October
/ l9oS-utah Copper paid its first
dividend. Stockholders in that wear
GOT S696,OOO. In the two Years of 1916
ana 1917 they got 81 500. 900
Rico Argentine will produce in the
neighborhood of 1000 tons of market.
able ore during the. month of MAY
4 the plans of Managing Director
FRED w. Price are carried out.
by sending nearly two million
pounds of ore to the snelter during
the past week, the old Ontario
brought the weekly production of Park
City near the acknowledgement
mark
Looking to the early marketing of
its product in refined state. the
Dixie OIL company is rushing plans for
the construction of a Swimming plant
on It's holdings near Virgin, in south
-ern Utah.
through the organization and
operation of the King Coal company OF
San Francisco, the United States Fuel
company of Salt Lake is opening a
new field of operations in supplying
Utah coal 10 Pacific coast shipping.
Reports from the Pole Star at Gold
Hill, Utah, are more encouraging, as
The formation Through which the west
CrnEGr1lt IL a. p,ass
south level shows more extensive min
eralization, being heavily stained with
iron.
Although the production of sulphuric
acid has doubled since the beginning
of the war, it will not equal Americas
explosive program by the end of the
year, Arthur +. Wells, acid expert of
the bureau of mines, told the senate
mines committee.
The construction of small concen-
trating mill is under contemplation by
the management of the Lucky Star
Copper company, operating in the
Dugway district, according to an an
nouncement made last week by Presi-
ueHl IeleF SaCOS.
A new compressor is being installed
at the property of the Tintic Standard.
1t is not large, but 1t will increase the
mines compressor capacity sufficient
ly for immediate needs, and when this
is outgrown it will probably
be replaced by "a thoroughly modern
plant.
PrOspectors are much interested in
u new form of tungsten bearin. ore
known as ferberite, which has been
submitted to the TOnopah School of
Mines for official designation. The
sample was brought in by Thomas Me
Manus from his claims in the vicinity
of ClOverdale.
That the operation of the narrow
gauge railroad in the Alta district will
mean a reduction of approximately so
per cent in hauling charges for the
mines in that section, is indicated by
the tentative list which has been made
public by the Little Cottonwood Trans
portation company.
have been melted into bullion or
mutilated by the government under
the new silver act, the treasury re-
ported May 3. Negotiations are UNI
der way with the British government
and other allies for export of the metal
to be used in coinage.
During the first four months of 1918
the state of Wyoming authorized the
issuance of oil stocks at the rate, par
value, of more than $20.O0OOOO a
month. During these months there
were chartered by the state 1l9 oil
and several existing com
panieS were authorized to increase
their capital stock.
The Ophir company Is reaping an
advantage through the ac-
opening of stope on the 2oOO
level. where superintendent of years
ago filed in with ore of grade not
then considered commercial. EXtrac-
ton of this ore has proceeded for sew
eral days. the value of twenty-seyen
cars averaging 5000.
Plans are under way at Morland for
the construction of carbon and gaso-
line plant. costing close to SJO,OOO to
treat the gas of the Hidden dome field.
Il is declared that by the improved
method of absorption the extraction
Of gasoline from gas has greatly re-
iuced costs and is in use I'm the south |
arn and eastern oil fields.
The great Sodaville tungsten belt In
Nevada, which about two years ago, |
under the operations Of the Atkins /
KroH company, made such a sensa-
tional record and produced over a
million dollars worth Of the metal in /
, few months. is experiencing such a |
revival as 10 promise even a greater