The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-02-15
AROUND THE MINES

piled for listing ON the New York Stock
exchange.
Butte Superior's January production
was 14,3O0.OO0 pounds of zinc and 1885,
600 ounces silver.
Anaconda's January production was
24,5OO,OO0 pounds of copper and 4,90O,- |
600 pounds of zinc.
Manager HirSchman of the Idaho |
Wyoming Oil company is in from Fos- |
sill and tells of oil 200 feet in one well |
Production of East Butte smelter |
for the month of January, 1918, was
2,514, 140 pounds of copper and S2,175 |
ounces of silver.
1t is stated that the Crosby-Wyoming |
Oil company has raised fund of $12,- |
600 with which to commence drilling in |
he Big Horn field
The International Nickel company
has declared it's quarterly dividend of
81, same as three months ago. Dates. |
March l and February 10.
A Pittsburgh wire says the Crescent
pipe line declared its regular quarterly
dividend of 20 cents share; dates
March 10 and February 81.
Alaska Gold in January milled 49,
300 tons, averaging 90 cents per ton.
The percentage of extraction was
77.S5; loss in tailings, 20 cents per ton.
Victoria Copper production last year
was 1,316,S00 pounds copper, against
1,660,S32 in 1916. At the close of 1917
the company had quick assets of $685.
63S, or about $2.6S a share.
The annual report of Oklahoma Pro-
ducing & Refining company and SUBJ
salaries for the year ended December
81, 1917, shows net profits of 81, 49,
42S equal to 70 cents a share.
From Butte comes word that Ana
cOnda has issued a statement of OPP
Grating expenses in the state of Mon
| tana during the past year, showing
total operating expense of $75, ZIG, 101.
A high-grade ore shoot, yielding as
say values of $235 a ton in silver and
copper, has been encountered in the
property of the Lucin Copper Mining
& Milling company, the property be-
ing eight miles north of Lucin, Utah.
Stockholders in the Pope Shenon
property, situated in the Salmon River
country, are elated over the report
that a h-fOot shoot of high-grade
copper ore had been encountered in
tunnel No. 5, the lowest working in
the mine.
Latest word from the Eureka Mines
operations at Tintic is that the Wine
from the 70O-foot level is still in the
ore. This has been sunk about twenty
| five feet The last word is that the
ore is three to four feet wide, and Of
| good quality.
Word received from the manage
| ment of the Alta Consolidated is that
the power lines have been Strengthened
up and now the property is again pros
ecuting work at all heads. There were
seven ore-hauling teams at the bins on
the day the report was made.
Senator Key Pittman visited Denver
last week to address the oil men of
Colorado and Wyoming during the
stock show, and gave them sCme prac-
! teal advice-to unite, to ask tor some
thing definite with one voice, and not
| to seek a confusing number of amend
ments now.
According to estimates, the four So
| called big porphyries," Utah Copper,
Ray, Chino and Nevada Con-, produced
| during the month of January an ag-
gregate of 1881 900 pounds of copper.
The gross value of this production is
| $S,347 430, or at the rate of a little
more than $1OO,00O,OO0 year.
Ten million tons of phosphate, ac-
cording to mining experts, lying on the
surface within a stones throw of the
Southern Pacitics main line, in north
ern Churchill county, New, are soon
to be mined by the Nevada Phosphate
syndicate, especially organized for the
purpose by four Nevada men.
Relative to the oil bills now before
congress, it is recalled that the Walsh
| bill passed the senate by vote of 81
| TO 81. This bin represented n compro-
mise between the two extremes of that
| body. The particular attention of the
| senators was directed TO the provisions
! dealing with the leasing of oil lands.
Half a dozen mines in the Dry Can
| yon end of the old Stockton district on
| the west slope of the Oquirrh noun
tains and over the hill westerly from
| Bingham have been producing more or
less ore all during the past favorable
winter. The heaviest shipper has been
/ the Hidden Treasure. This has been
credited with putting out all the way
from 800 up to as high as 1900 tons
/ i'm month.
Principal source of manganese ore
| for the steel interests at the present
time is the Philipsburg district, where
/ approximately 500 tons daily are being