The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-04-25
BOND ISSUE FOR
THE POPE -SHENON

Salt Lake. April 24.-Stockhold-
ers of the Pope Shenon Mining COM
pany, at special meeting, voted TO
confer upon the board OF directors
authority for a special issue OF bonds,
the proceeds to be used for further
ing the general interests OF the COM
pany. Official statement TO this ef.
feet was made yesterday by the Pope
Shenon directors. While the amount
OF the bond issue to be made without
delay has not been made public. IL
Is known that the action was taken
to hasten the construction Of the mill
I ing plant which the Pope Shenon has
undertaken 10 erect for the handling
OF Its ores and II was admitted yes
terday that active construction would
be under way within period of less
than thirty days.
! Delay 10 Unlikely.
Plans for the Pope Shenon mill,
located only eight and one half miles
the property of the company being
oui OF Salmon City. Idaho, have long
since assumed the state OF positive
action. for much of the material has
been purchased and a part of II is
now on the ground. For the last six
months there has been no question
but that the mill would be erected i'm
the near future but the action of thu
stockholders. as taken Wednesday
night, insures n speeding up of oper-
ations TO such degree tha Ii Is reas-
lonably certain the frst unit of the
mill Will be in commission before the
SHOWS fall next autumn.
The Pope Shenon company, con-
trolled by Utah mining men. with G..
X. bradford Its manager. has made a
painstaking and scientific campaign
OF development work during the past
three years and has proved the exis.
tence OF an enormous tonnage. both
OF milling and shipping ores. with
the copper predominating. The ore
IL sulphide In character, lending It.
self readily TO a special form OF treat.
ment. known AS the Bradford pro.
cess. which turns out the copper In
bullion form at low rate of cost.
!, 200.ton crusher has been purchased
and the hrst unit will have a capaci
ty OF nifty tons per day. with the ad
ditional units as occasion may arise
The proved ore bodies of the mine
: are stated TO be OF such magnitude
that the mill might well be raised
to 150 to 200 tons per day without
. making demand for additional pros
! pectlng
Good Work IL Seen.
7 A. Boulais. superintendent OF tn,
: company. returned Wednesday nigh
,, from a five days stay at the mine
!. He said yesterday that In that perios
!. much active and satisfactory wori
!, had been accomplished both abov,
: and below ground The roads hav,
;, been greatly improved the grad'
;, from the property to Salmon City be
: ing In no case sleeper than pc
' cent, with four miles along the Boise
!, Butte state highway. Since the mil
J, die OF December the main lower tun
' nel, now in 1886 feet. has been driy
:. en- In ore for distance of 153 feet
Connection is now being made witt
the No, tunnel and the compan,
will have 1900 feet OF backs for de
selopment. The car shipped las
week averaged 9.75 per cent copper
!, another car Is now AT the sampler
= another car In the bins and Ave car
! are on the dump awaiting shipment
y Superintendent Boulais said that tn,
property was now In condition [,
!, send down not less than Atty tons O
y ore per week.