The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-01-03
MINES AND MINING

fNeN'h ~ F-ip.0Et
Shipments OF first-class crude ore
aud the products of the mills of Park
lily last week aggregated zoos tons.
This Is estimated at 100000.
Cranky Consolidated Mining, Smelt.
lug Power company produced in No.
seinber 2,iiT, 4OJ pounds OF copper com.
pared with 2.5i9I74 In October aud
3.sTl.535 In September
The state Of Arizona alone H. yield.
Ing G6.U0,OO0 pounds OF copper "A
month. Utah Is putting out at the rate
~ more than 30,OOO.DU pounds month
or .i5.OoO,UU pounds per annum.
From September 10 December | in
Elusive, the price OF lead +. o. b. New
York. had been sS05 per hundred.
weight and STTJ r. o. b. ST. Louis. ON
December = The price went down 81
tef hundredwcight In both those cities.
Report that Chile may flood this
country with cheap copper rather loses
It's weight when IL Is considered that
The premier Chilean producer, the chile
Copper. Is today yielding but 5,0O00 900
According 10 the November edition
Ut the Engineering and Mining Journal,
the dividends for TINT month paid by
The principal mctallurgicai companies
amount to SD,30i 800, ns compared With
s9,D7 ,493 for the corresponding month
of last year.
Zine quotations for the week ending
December ~, as reported 10 the Utah
IRE Sampllng company by the En-.
gineerlng aud Mining Journal, show
that the settling price for the week
averaged $3.50. with n quotation Of
S5.1o at the close.
Business on the Salt Lake mining ex-
change the past week totaled 4G2 $50
shares sold, valued al Ss4, 222.5S. This
IS compared with $4,000 the previous
week. This makes TWO consecutive
weeks of the heaviest trading that has
hcen done In Salt Lake ia many
lnonths.
Word from Idaho Is Tint the Sunset
Mining company's new min Is expected
10 be ready 10 be given It's warming
up run soon after the first of the year
However. IL IL not expected To be In op
Grafton until probably month later.
The first unit will be small. probably
fifty tons.
An effort will be made To stabilize
metals, ls the report from tile east
II IN stated that the government viii
cooperate with copper. lead and zine
producers In M effort 10 stabilize
prices OF these products. according to
representative Of copper producing
company
Utah officials of the Wyomlng-La
large Il Dry Pine on company have
Just closed a deal by which they have
acquired D6o additional acres To their
already large holdings Ia these two
western Wyoming fields which have
hcen attracting considerable attention
tie past year.
From Butte comes word that the
$4,000 ferro manganese plant erected
at Great Falls. Mont. by Anaconda
Copper company. at the request of the
government. Ia furnish war material
which was recently closed down IL not
going to remain idle II plans of the
company are carrled out.
Removal of the restrictions on lead
producers. effective December -. who
are now free to quote prices individ
ually. was announced to the trade by
the lead producers committee for war
service, which was formed some
months ago at the request of the chair
man of the war Industries board.
According 10 late advlces, the Glen
rock oil company has completed an oil
well with flow of 100 barrels day
Ia the Pilot lutte field In Wyoming
This company now has more than forty
producing wells aud seventeen drilling
in Wyoming. where II operates Ia the
several fields through subsidiary com
l,an,cS.
The Liberty Potash company With an
authorized capitalization of Sill COCOON,
* being formed for the purpose OF pre-
luclng potash from mineral deposits In
The ieucitc hills of Wyoming. where u
mineral known as wyomlnglte occurs In
immense quantities at superior, near
ttfcrn RIVER w VI. tAhH anu W AbNlAi~
men are behind the project.
From Washington comes word that
The fuel administration has announced
thnt In line with the general policy OF
the government of lifting all restrlcs
lions as rapidly as conditions would
Warrant, It has asked the oil industry
"a suspend It's voluntary plan TO stahll
ixe prices anl obtain uninterrupted
flow ot crude oil which Was recent,
extended for period OF three months
over the period of the war the total
stock Of gold money la the world In.
creased about st.aIa.o 100000. But In
that period the stock OF gold In the
state banks and treasures of the world
increased approximately S3,is0.oootko
or nearly twice as much. The differ
snee Is the result of that striking phe-
nomrnon of the war, namely. the With
dranai OF gold from circulation and
It's concentration under the control OF
government institutions.
Admiration has been made 10 the