The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1918-03-01
AROUND THE MINES


government control
The Shattuck Arizonu Copper has
declared Decent dividend.
January copper exports were i0S.-
a9l $50 pounds, the largest since Jan
uary year ago.
During the past week the mines OF
Tonopah shipped 1851 tons Of ore val
ued at S1S4. l27.
Alta. American Fork and the Big Cot
tonw0od district have been experience
ing considerable of protracted snow
storm the past week.
The Butte 4 Superior report for the
quarter ending December 81, 1917.
shows profits equal To Sla4 a share.
Earnings for the full year 1917 were
equal TO S9,3S share.
Again a report comes from New
York that the Utah Copper and Ana
conda stocks are being accumulated hy
certain interests, and that utahs next
dividend viii not be cut.
An increase in production during
January of $4,000 compared with
that of December is shown hy the last
monthly report of the Barnes King De-
velopmenG company al Butte.
Calument 4 Hecln, including all
subsidiaries, reports an output for
January Of l2,l40la2 pounds of cop
per, against l1,052,3lS in December
and l4,l0S,l26 In January, 1917.
Alaska Gold Mines quarter ending
December 81, shows operating profits
of $37,6S4 against SsT35 the previous
quarter; the year 1917, operating
profits, S27S,696 against S451, 02e In
1916.
Stockholders of the New Quincy Min
Ing company are IN receipt of the am
nual report for 1917, which shows total
receipts $17,341, expenditures the same
less $50, and an indebtedness of S4g,-
CAB.
In its regular weekly report the
Rochester Mines company says: "The
average tonnage per day So far this
week is averaging l9l tons, the heads
assaying STAB per tan at the present
price of silver"
Reports from Denver, where the Daly
West annual meeting Is on, and a live
by fight Is being made for control. are
that no decision has yet been reached,
and the meeting is being postponed
from day to day.
The directors of the Yellow Pine
Mining company held meeting in
Goodsprlngs last week, at which Il was
decided To declare dividend OF 9
per cent on the capital stock. This
viii be payable ON March ,.
Reports that the government will AK
the price of silver at IA dollar AN ounce
are declared authentic by A. G. Mae
kenzie, secretary Of the Utah chapter
Of the American Mining congress, who
has returned from a two months So
journ in the national capital
Officials Of the Union on & Gas
company report the arrival of stan
dnrd oil rig al the holdings near Farm
ington, Utah. Ii il expected 10 have
the derrick set up first thing In the
spring. The company has leasing priv
ileges on about 10000 acres OF land.
Reports that the Anaconda, through
the international Smelling company,
subsidiary, has made payment OF
100000 and acquired 100000 shares
of stock Of the Walker Copper Mining
company with properties IN Plumas
county, Cal, are ienled by officials
of the Anaconda.
Authentic news has been received
that one Of the several deals recently
mentioned. involving the erection OF a
reduction plant at or near Luning, |
New. for handling both low aud high |
grade ores, is 10 be carried through 10 |
quick contamination aud actual con.
truction commenced.
The recent strike IN the M0gul shaft |
Of the Western Utah Extension Cop |
per company hns been developed 10 |
width of three feet Of high-prude cop |
per, running from - 10 - per cent. nc. |
cording to Information received az the
offices Of the company from the SUI
at Gold Hnl.
-Nf'N"F TVS hoti Tue recent hlFihe /
at the Rye Patch were re-
reiyed last week at the offices 81 the
company, Samples from the new vein.
yhich has been opened up Ia two places
For distance Of approximately 800
feet along lts strike. yielded assay val
les of from 1871 ounces silver 70 375.s
ounces silver and - ounce gold
one Of the large mining deals Of
recent years WIS closed in Reno last
week when 81. A. McChIn Of Masonic
'old to Charles H. Ernst Of Pacific
Grove, Cal, and r. Chaplin Gard uf
san Francisco, the rich Tanawah.
$3.50. L.. A. o. - !