The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-11-15
AROUND THE MINES

Production By the mines of To,ons
tne past week totaled 9.265 TONS ~ -.
valued at Sl57,505.
Nevada Douglas Consolidated in tho
week ending October 16 Skinned % ,ha
Mason Valley smelter M Thomnson
100 tons of ore averaging 36I nor
cent copper.
IL Is reported that the Rico Arren-
tine recently struck new ore bodv IN
nncontested territory. This is in the
new tunnel about 600 feet. The values
are In lead, silver and zinc.
Contractors working ON the Globe
Consolidated Mining company's pron.
erty in American Fork are down FINN
the canyon and report that the string.
ers OF ore are still showing IN near
the face of the tunnel.
According to word from Tucson the
Standard Oil company California; has
attacked as "capricious, whimsical and
understandable" the state board or
equalization's method of tax valuation.
and'is resisting collection
Western Oil fields have been hit hard
by the prevailing disease. II is de-
CARED that the spread of the Spanish
influenza among the workers caused
many drilling operations to be sus.
pended. and also handicapped the hand.
ling OF the leases
According to word from Tampico
eight of the Oil companies operating in
the Mexican fields shipped total of
4,4G6, 166 barrels of oil through the
ports of Tampico, Port Lobos and Tux
pam during September. Only "A small
part was distilled and refined petro-
leum
Manager RalstOn of the Unevida
Gold Mines company, wired from Ne
vada last week to Salt Lake Official
that the miners have succeeded In sink
Ing a shaft through one of the old
Comstock failing dumps to the bed
rock, where improved values in ANAL
gam were found.
Tintic Standards new shaft in sink
ing from below the 1300-foot stump
passed through fifteen feet of good
commercial lead ore. according to one
| of the officials. He said that the
new work is down 100 feet and is now
in low grade ore. This brings the
shaft to the 14OO-foot level,
| Eastern directors of the Utah Apex
Mining company have declared a cap
| ital dividend distribution of % cents
a share. 1t will be paid on November
IL. This will require the distribution
Of $132, 800. This will bring the 1915
distributions up to $265,O00, as SINH
lar amount was paid out in August.
Active development work has beer
in progress for some time past on {
property situated in the Harmon!
range of mountains, about six miles
east of Winnemucca, New, and report
from that town state that ore of gOo'
grade has been exposed in considerable
quantity in the progress of this work
Most of the Alta mines have had ,
double handicap to contend with tn
past few weeks. Added to the frequen
storms with their consequent mudd,
highways comes tho inroad of the in
sidious little influenza germ. Alread,
some of the husky miners have sue
cumbed, and many others are dow
with the disease.
Advices from Ely are that the Ne
yada Consolidated outstanding capita
stock at $40 share is given marke
valuation of slightly less than $4,000
900. AS the company will produce al
proximately 100000 pounds of COZ
per this year its productive capacity
capitalized in the stock market at abou
so cents pound.
Relative to the matter of the go,
eminent extending the 26-Sent-a-poun
copper to January Z, 1t is remarke
that some men in touch with the situi
ton, think that the government wi
control the price not only while hos
, tilities continue, but for something lik
two years thereafter, so as to avoi
any drastic readjustment in price
, when peace comes.
According TO reports received her
considering the length of time the min
was worked during the past season an
: the amount of material handled. III
Round Mountain placer mine at ROM
) Mountain made the best showing of II
entire history. but owing to wat'
: shortage, the giants We're operated III
der full head for only one mont
SAYS the Goldfield News.
1t is reported from New York thi
!, ffty-six companies with an agsrega'
authorized capital of S59.922,6oo wei
T organized during September for II
$ development of oil and gas resource
: of this country. This is the be-
D showing for any month since apr
when the total was S6l,t29,ooo.
: From Washington comes the new
that blast furnaces running nj capaci'