The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-01-21
AROUND THE MINES

| Directors of the Chief Consolidated
Mining company have declared the first
Quarterly dividend for the new year.
1t consists of the usual amount, 12h
cents share.
| In spite of the unusually severe cold
weather that has prevailed for weeks
In the Uintah Basin, good progress
Is being made on both the mine and the
new plant of the Cedar Butte Oil COM
pany, located near White Rocks.
| Copper Leaf has started to drift on
the 1000-foOt level, according to news
that comes from Tintic. The streak of
the 900 level will be followed out into
the walls, probably both ways on tho
strike.
Reports from the Tonopah Midway
property have been encouraging of late,
and the fact that an important dis
covery has been made above the 600
foot level will prove pleasing news to
all interested in the future of this dis
trict, says the TOnOpah Times.
I The Tintic Standard in 1918 paid out
In dividends q cents share, or $317, !.
$50; in 1917 it distributed cents, or
$S3, $50. This makes total of "a cents
La share, or $500, 4SO. The company has
lately been shipping at the rate OF
about $500 to $500 tons of ore month.
Superintendent Fisher Of the Nall
driver reports conditions improving all
the time at this property, says the
Park City Record. The ore reserves
are opening up stronger every week,
and regular shipments are being made.
It looks as if the Naildriver Is per-
manent mine.
The Tormey mine, near Salmon, Ida
no, in the same zone as the Pope
BAenon property, is being opened up by
Thompson and Mathews, and further
development is planned on the strength
of returns on recent shipment to the
smelter at Salt Lake, which gave 18h
per cent copper.
| Assays from the samples of ore taken
from the recent strike made in the
Woodlawn of Honeycomb gulch, Alta
district, and which were stated by
those who had no connection with the
company to be exceptionally promising,
proved no disappointment when the Of
lficial figures were received last week.
The Columbus Rexall Consolidated
Mining company has paid its first divi-
dend, 2h cents per share, about $l4,-
600 in all, which was to have been paid
December 81, but disbursement OF
which was held Ap by a restraining
order and petition for an injunction ON
the part of the Monetaire Mining COM
pany.
At the Pope Shenon mine, six miles
south of Salmon, Idaho, force OF men
are developing a large body of copper
ore, opening 1t by means of a main
adit on the vein. The operators have
installed electric power to operate a
number of air compressors and 1t is
reported that development work on a
large scale has been planned.
Chile Copper company last year
made a record with a smelter output
of 1902, 1874, 512 pounds, against S9,O22,'
1875 in the previous year. Production
will be curtailed for some time owing
to uncertainty as to the copper out.
look, says Dow-Jones. Otherwise Chile
would undoubtedly have started the
year with another record as regards
output. . ,
Copper is one of the six metals men.
toned in the Old Testament. There are
mines in the desert of Sinai which
probably supplied metal for ancient
Egypt. Those mines are said to be
the oldest known to man. The work
ings are still visible and they were
operated as recently as 1900 B. G., al
which time bronze statue of Rameses
II was cast. ,.....
American companies producing oil In
Mexico are opposed to payment OF
rentals and. royalties on land which
they own there, because such payment
Fwould mean recognition of the govern
|ment's ownership, according to state
Iment issued by Chester 0. Swain
representing Standard OIL interests In
the Mexican oil title and tax Difficult
ties.
| News Of a gratifying improvement
in the ore of the Pope Shenon Mining
company, operating a large holding
eight miles out of Salmon, Idaho ha!
been received. The ore is nearly thu
lfull face of the tunnel and three as
isays taken give values of 8.S9, 31.7, ant
l28 per cent copper, the lower assays
being believed to be fair average o.
the entire face.
+ Operations at the Cobalt property
lat Blackbird, Idaho, have passed thu
experimental stage, and the propert!
is now shipping steadily and regularly
la reduction plant is In operation
which produces high-grade concen
!, trate Of cobalt, which is forwarded II
Kokomo, Ind, for final treatment
J where it is used in manufacturing
/. lizard alloy called stellite.