The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-02-18
AROUND THE MINES

oOutn Hecla Mining cOmpay stool
holders are In receipt of the annus
report for the year ending Decembe
Il, 1918, showing total resources @
$627, 42O.39, and total quick assets O
$113,362.75.
Grant Snyder, manager of the Quad
metals Mining company, operating a
Frisco, Beaver county, Utah, an
nounces that the company will at ono
replace the compressor and hoist tina
was destroyed by fire a few days age
Latest word from California is tina
the Walker Mining company ha
struck ore on the 30O-foot level, abou
1000 feet to the south. Samples O
this ore showed the presence Of 2 pc
cent copper, 3 ounces silver and 5.
in gold to the ton.
After many months Of handicaps ant
hardships the persistency Of the man
agement of the Manhattan White Cap.
company has been rewarded by the dis
covery on its 600-foot level Of splen
did body Of ore, which bids fair to re
habilitate the enterprise, says thu
Tonopah Miner.
One of recent mining successes Of
the great copper state of Arizona is
the Magma Copper company. The
Magma has been paying dividends
since 1915. Its operating profits
amounts to more than $1,OOO,OOO q
year. It has great concrete shaft to
the 17OO-foot level.
Stockholders Of the Eureka Mines
company held their regular annual
meeting February 10, elected a board
of directors and heard the encourag.
ing news that company operations had
been started the previous day on three
different levels. Lessees also are
starting work on two levels.
Encountering of a parallel fissure in
the Tar Baby Mining company's prop
erty in the Alta Cottonwoods is re-
ported by the president and general
manager, who expresses qualification
over the showing in the face of the
workings. There is evident some iron
sand and considerable manganese.
Government aid to Utah's metal in
dustry to tide it over the critical pc
riod of reconstruction, became a pos
sibility when an amendment was Of
fered to the Victory loan bill to such
action, and kilograms were sent to
Utah's delegation in congress, urging
its members to support the amend
ment.
Jerome J. Day of Moscow, mining
man, was elected president of the Ida
no State Mining association to succeed
Stanley Easton, at the meeting Of the
association held at Boise, Idaho. In
accepting the presidency, Mr.. Day
made a speech pointing out the inn
portance of the mining industry to the
states development.
According to advices from Boston, a
new minimum basis of Is cents a
pound will be adopted by the copper
industry for wages to be paid the mine
workers. Word to this effect will be
to the various copper camps
IS result of conferences between
producers, government officials ana
abOr representatives.
According to the January Tintic
shipping records, the Ridge produced
Ind marketed fourteen carloads Of ore. |
This is about 700 tons for the month. |
This is probably the greatest monthly |
production ever made by the mine.
LAST season the Ridge shipped but
wenty-four carloads, or about 1900
ons, in the first six months of the
ear.
Several pretty big snowslides have
lready occurred this winter in Little
Cottonwood between Tanner Flat and
he Alta camp proper. None has been
however. A big one came
own few days ago from the south
lde. It bridged itself over the stream
nd sent a goodly amount Of ice.
rees and rocks upon the opposite side
T the canyon.
No need for artificial stimulation Of
old production has been found by
he committee appointed by the secre-
Try Of the treasury last November to
tudy the situation and suggest a
lethod for increasing the available
old. With the cessation of hostilities,
le committee reported, any need Of
articular effort to promote gold pro-
uctiOn had passed.
Comparative statistics compiled by
le United States geological survey
low that stock Of crude oil of 100
pe line companies decreased in De-
,mber almost 100000 barrels from
lie previous month and decreased ,
early 100000 barrels from those !
.ported December 81, 1917.
J. l.. Taylor, working claims in the
thousand Creek opal fields, in the
,rthwestern part Of Humboldt county,
evada near the Oregon line, has been
unusually fine stones taken
ON his claims. He has a large assort- {
ent of cut opals and one black gem, t
is believed, would be claSSed as rare. 6