The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-06-10
AROUND THE MINES


made on the big main lower tunnel of
the Wasatch Mines company. which is
developing large holdings in Little Cot
, tonwood district.
Regular shipments Of ore from the
South Hecla Mining company's Alta
property were resumed the latter part
of last week and have been continued
without interruption.
From Wallace, Ida, came word last
week that an increase of 30 cents a
day, from $4.25 to $4.75 had become eff
fective in mines of the Occur d'Alene
district, according to bulletins posted
in the principal mines.
Work is being pushed at the rate Of
four feet day in the important raise
the Albion Consolidated Mines com.
pany is now sending up in promis-
Ing fissure at point in about 5000
! feet from the portal of the tunnel.
South Hecla Mining company i'm the
first five days of resumption of ship
ments of ore, sent to market between
400 and 500 tons. Twelve of the lit.
tie narrow gauge 'Ore cars were moved
down Little Cottonwood canyon daily.
John D. Ryan, Cornelius F. Kelley
and Benjamin B. Thayer were re-
elected directors of the Anaconda Cop
per Mining company at the annual
meeting of the company at Anaconda.
Contributions of the officers of the
company to the Red Cross and to the
United War Work campaigns were rat.
flied.
The Silver King Coalition Mines
company at Park City has issued re.
port for the year ending December 81.
1918, showing 51,627 tons Of ore pro-
duced and 19,O61 tons shipped. The
ore sales totaled $751;, 926, and the
earnings totaled $797.1S1. ,Expendi.
4 lures totaled $699,529, leaving bal.
ance of $97 ,651.
The latest word from the North
Standard property, in Tintic district, is
that the men working two shifts are
carrying the shaft down at the rate of
four feet day. This is a single COM
partment shaft with large manway.
1t is down now below the 20OfOot level.
The shaft is in the limestone, with
some gangue matter reported com.
ing in.
Individuals who accompanied the
members of the Copper Export associa-
ton in their survey of the European
markets hold forth little promise Of an
early and considerable demand from
that source. The English, French and
Italian governments are, reported to
hold considerable stocks of the metal,
said to aggregate in the neighborhood
Of 4OO,OOO,OOO pounds.
Words could no better describe the
utter stagnation of the American cop
per market during the first quarter
of this year thar. do the figures con-
tanned in tiIe reports Of the four
Jackling porphyries-Utah, Chino, Ray
and Nevada Consolidated, says the
Boston News Bureau. But an infinite
sinai percentage of their production
was sold and each company cut into
surplus account in order to pay its
dividend.
The management Of the Yellow Pine
Mining company, Goodsprings, New,
district, reports that after a shutdown
of several weeks that the mine will
resume work in two weeks This Is
the largest producer and dividend pay
err in southern Nevada. 1t will en-
ploy force of thirty to forty men att
the resumption of operations. The
mill will be ready to operate at that
time. 1t has a capacity Of $50 tons
Of ore day.
Considerable prospecting work is
now under way over the Deep Creek
Ferber district, about 10 miles west
erly from Salt Lake, according to late
word from there. The generous out
crops Of minerals over vast area
have led many good practical mining
men and engineers to predict great
things for the future Of this mineral
belt.
According to a report from Idaho,
fourteen mines of the. Occur dAlene
district yielded $7,272,475 in net prof
it's in 1918, according to statements
Just filed with the county auditor as
required by law. This is comparable
with net profits of $12,765,113 by
twenty companies in 1917 and with
S12, 1854 500 by seventeen companies in
1915.
At the Western Utah Copper at ]
Deep Creek, Utah, the company is now
working a force of about a score OF
men. The little mill at Salt springs Is
making it's final cleanup on tungsten
ores before it's transfer to the mine
proper, where 1t will be set up at the
Gold Hill workings. A consignment |
of about ten tons of tungsten concen. !
tartes was sent east.
According to an eastern report the :
Chino Copper company for the quarter
ended March 81 showed an operating !
loss of S173.441. compared with cents