The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-06-21
AROUND THE MINES

son, Lieutenant Harold Smoot. are re- |
ported to have disposed Of their hold |
'ilss In the Western Utah Copper com |
pahy TO Boston syndicate.
scarcity of petroleum. asnhaIt and |
var products is retarding road work /
throughout the United States and
limiting construction of new highways
70 those projects which are necessary
Tor war purposes
fIitE m-.-.on pounds Of copper would
! De added 10 the cOuntry's domestic
production We're the price advanced
above -55a cents pound, according 10
some OF the biggest and best informed
men in the industry.
Dividends paid in May, 1918. by
twenty-five United States mining and
Hlelailnrglcal companies making public
returns amount to $lO.543, S97, as com
pared with 1927 ,547 paid by thirty
one companies In May, 1917.
Shipments from the mines of the
WOodmaf company this month win he
aFe' and possibly six, carloads. rs
production has been larger both at the
frankie and Lost Cabin mines, where
the showings of ore are big.
To provide ample accommodations
Tor the mine force, which has been
steadily growing during the past year
or more, the Tintic Standard is ar
ranging TO construct new boarding
house and another new bunk house.
Announcement Of n 50-cent dividend
'"'"hle July l is maze oy The Bling
ham Mines company. The dividend is
No. and will call for a disbursement
OF $Il,oOO, bringing the total for the
year to date to $4,000 and the grand
total to $685., $50
Following the announcement that a
new company operating in the Fossil
held had acquired the drilling rig OF
the Liberty OIL company, officials OF
the latter concern have explained that
the equipment had been transferred to
the Iossil field ON Il fifty-fifty basis.
Enlargement of the Independence
group of mining properties, situated
near the state line and between Trout
creek and Pleasant valley, is being fin
anced by residents of South Omaha
| Neb., with reported good prospects of
favorable results in the near future.
The COeu1 d'Alene region has been
the most productive copper area in
the state of Idaho, though IL is not the
) most productive at the present time.
{ Complete figures for the copper output
T of the district are not on record, hut
the total production has been approx
: mately 6O,9OO,OO0 pounds
i, Directors of the Utah Copper COM
pany have voted a dividend Of $50 IL
$ share for the second quarter Of the
f year, payable June 20. The declara-
= ton calls for the disbursement of
t $4,O6l 80, bringing the total to date
r to SS3 1873. 80. A similar dividend was
4 distributed by the company March 81.
: Consolidated Interstate Callahan
Mining company In the first quarter
@ mined 43,419 tons. The mill treated
+ 35,SSl tons. There was produced and
4 shipped 13304, 800 pounds of zinc
+ 2,2O3,660 pounds of lead, and 4002a
Q ounces of silver. Average monthly
n shipments were J4JI tons of zinc anC
lead-silver ores.
The prospects of the United States
h producing her own potash are not en-
n cOuraging. Small quantities have beer
d obtained from the brines Of western
d lakes, kelp. alunlte, cement dust ant
s other by-products, but none Of these Il
e important enough or sufficiently low
/ in cost of production to compete will
German potash in normal times.
e During 1916, according to the geolo
|, gical survey. Idaho produced T24S7
= pounds of blister copper, compares
il with G.2l7,72S pounds In 1915. Tn
It state has made small and lrregula
a output of copper since 1884, but onl
h since 1903 has 1t been a steady pro
|. Queer. To the end Of 1916 II had
recorded output of 94,307 ,202 pounds
~ OF the country's refined copper yielt
q Of 2.42S, 900 pounds In 1917, there wa
X derived from foreign material 3IO536
N l16 pounds. The yield from American
m mines fell below the preceding yeaI
* Thus, with domestic mine output still
N below its high record the possibilit
/ Of lessened import Of foreign cope
material may further accentuate th
Re shortage Of copper
Ip Word was received at the offices q
Df the Elk Basin United oil comPan
n that well No 4 in the Garnctt, hansa'
le held had tapped the oil sands, III
u news was especially pleasina In Vie'
Is f the fact that the information va
~ - the effect that the new we'll va
r. towing. According to reports, the $50
is the first in the district to prodlD
a. without the pump.
an Assuming that April copper import
te eoualIed the 5JOOo,0DO pounds ave
n age If the last four months. Ga" Apr
ds Increment Of new copper Ia the SUI