The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-02-21
MINES AND MINING

4
in the Three Kings Mining eompany's
property which promised results In the
near future.
Sales of copper In this country as
low as Ia. tos1i4 eents a bound were
reported February Z. This Is the low
est price quoted here since the rise
due to the world war
Production of first-class crude ore
! concentrates from the mills aud prod
uct OF the electrolytic smelter eff Park
CITY during the month OF January
amounted to 1866 tons.
Business on the Salt Lake mining
| exchange the past week totaled 264-
6ll shares, valued AT SiL,967 "A. This
is compared with 3s.3,3a3 shares sold
the previous week, valued AT ST., ll391,
or decrease OF approximately 5000
Standard oil of New York declared
n quarterly dividend of 81 share. pay
able March IL To stock of record Feb
rnary Is. Three months ago the regu-
lar quarterly dividend of S. a share
was declared.
Mercur, the famous old gold mining
camp In the south end Of Oqnlrrh
mountains, dies hard. New $4,000
lawsuit Is reviSIng II unpleasantls,
since several years ngo the camp has
been practically dead one.
Three carloads of concentrates, the
first produced by the new mill of SINE
Nevada Humboldt Mining company at
~ In
Nevada, We're shipped a short time ago.
The min was completed in December
Tintic mines last week shipped 10
the Salt Lake valley smeiters II total
OF lis carloads of ore. This Is esti-
mated mt 400 tons and valued at
$250,o0o. This production is compared
with 40 cars the previous week and
Isl cars the week before.
The Tintic Milling company shipped
another carload of Its high-grade bull
lion last week These cars usually
amount to $4,000 to $4,000 IN value,
The exact tonnage Is not announced,
but this product from the mill usually
carries more than $1,000 ton.
Advices from Bingham are that the
Ohio Copper has been dIscharging ii
large number Of men lately. This In.
Guided men from both the mine and
the mill. It'is stated that ninety men
ut one time were let out. However
the report Is that the mill Is contInu.
Ing To operate.
Copper ore OF commercial grade
carrying small quantities of gold and
silver, has been exposed in prospect.
ing claims owned by the Big Chief
Copper company In Sierra county, Cal.
ifornia, four miles from the Nevada
boundary and 20 miles from Reno by
the automobile road.
Comparative statistics complied by
the United States geological survey
show that stock OF crude oil of 100
pipe line companies decreased IN De
cemher almost 100000 barrels from
the previous month and decreased
nearly 33.000,0OU barrels from those
reported December 81, 1917.
j. L. Taylor, working claims In the
Thousand Greek opal fields. In the
northwestern part of Humboldt county,
Nevada near the Oregon line, has been
exhibiting unusually fine stones taken
from his claims. He has large nssort.
ment of cut opals and one black gem.
II Is believed, would be classed as rure.
smelter 10 be operated by the state
Is the plan OF Senator Hesson of Elko,
county. Nevada, who believes that such
n plant would materially advance the
mining industry In Neyadn by permit
ting producers of iow.grade ores TO
have their product treated nj lower
rates than charged by smeltcrs outside
the state
According 10 the tenth annual report
OF the Chief Consolidated Mining com.
pany, operating in Tintic district. after
payment of all charges. u net profit OF
$40. 29349 ia the year 1918. The total
shipments Of ore Amounting 10 G8.8i:
tons. dry. yielding. after smelling.
transportation and sampIIng charges,
81 6o,91s1S.
With oil wells drilling Ia 100 coun-
Ties of the state and with nr,s pools
being discovered nearly every month.
Texas Is the wonder oil staIe 81 the
Union, and the greatest potential pro
Queer of the world From the coastal
fields along The 1iulf 1T Mexico. Ia the
northern boundary aud from Wichita
FallS and Fort Worth west almost 10 |
the Rio Grande. thousands of square |
miles Of territory ARE being prospssted |
Utah for many years has been pro- |
ducing silver al The rate of 1a.sIDepo |
10 nearly 14.0n0H ounces This places /
the State in the proud position al see, 1
ond or third ia production of The
whit" metal Silver is faund d. uost /
pf the ores Of not only this state. hut
In The reines OF Nevada. Idaho. Colo.
rado, Montaha and Arizona The az.
teliiancs 81 some sort 81 fair hlnlefai.
ie basis hy he world would possibly
prove more lsneficlai 10 tiah aud its
sister statr% ihan any other ba.in,-.s
,rote.