The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-11-21
MINES AND MINING

Unusual Interest In minins nrava,,s
IN the Cherry Greek district OF east.
ern Nevada.
Inc ore recently developed In the
Minze OF the main shaft of the Union
liner mine in the Santaquin district is
improving with progress Of the deve,.
opment work.
Inc tin mines of Alaska produced
aoo'Voo pounds Of tin, valued at Sis
w. III 1918, according to the United
states geological survey, department
OF the interior.
Decidedly encouraging reports come
rom the Naildriver. Recent deyelop-
ihehts nave opened up new ore bodies.
ana from indications shipments this
month viii be the heaviest of the wear
preparatory to undertaking an OK.
tehsive development campaign, the
capitai stock Of the Goldfield Deyelop-
ment company Of Goldfield will be in.
creased from 100000 shares to 1000.
600 shares.
Actual earnings Of United States
smelling for September. after liberal
charges for depreciation, depletion and
taxes were approximately $500, 600. or
at the rate Of 500 per share upon the
common stock.
The courts have extended the
time for filing the accounting In the
suit of the Clark Montana Realty and
Elm Orlu Mining companies against
the Butte Superior Mining company
until December /.
United States Smelling has sold sill.
yer at SLIPS an ounce, the highest price
Tor the white metal recorded In
years, according to the Boston News
Bureau. Practically every authority IL
looking for even higher prices.
The tunnel which has been run for
the past three months at the American
Standard mine property In the Muncy
creek district, Nevada. to cut at depth
assure has reached Its objective. Ore
Is expected within the next twenty
feet.
Ireland is making some Roadway in
regard to the development of her min.
eral resources, but much remains to be
done. Considerable developments have
taken place In recent years with the
working Of deposits Of barytes, kiesel-
guhr and ochre.
The deadlock between copper produ.
GERS and copper consumers continues.
There is absolutely no big copper bust
ness moving, Notwithstanding the re.
cent reduction In price by the large
selling agencies from 23k cents to
21h cents, says the Boston News Blu.
reau.
The value Of the placer goal pro.
duced In Alaska in 1918 was about $5..
100000. The production In 1917 was
$9,8lO,OO0. The decrease In 1918 was
| general throughout the territory, ex.
cept in the Copper River and Yentna
districts and some of the smaller
Yukon districts.
1t was 60 years ago last month since
| the first oil well was drilled In Penn
| sylvania, thus inaugurating the era OF
oil. The discovery was at once rec
ognized as possessing great value, but
there could have been slight appreci.
alton of the mammoth proportions 10
which the industry was destined to
grow.
Attempts will be made In the very
near future to have the copper COM
panies adopt a uniform standard for
compiling their production costs. Not
until such steps have been accom-
plished will there be any real value TO
per produced, says the Boston News
Bureau
Driven for distance of nearly five
miles under the center of the Cripple
Greek mining district of Colorado. the
Roosevelt drainage tunnel has unwa'
tered ore bodies lying deeper than the
deepest workings In the district, and
has furnished permanent solution fol
what once seemed a hopeless drain
age problem.
Drifting has started from the 40
foot level of the Crackerjack mine Il
open production from the Crackerjach
vein, is the news that comes from Gold
| field. The ore continues to average
better than SIS per ton across a ten
| foot width. with the ledge showing sus
| tanned strength between clearly
| marked walls.
The famous silver camp OF Austin
| Nevada, again thrills with activity and
Is apparently on the eve of recovering
its former prestige as one of the great
est silver producers In America. The
Warner property Is shipping higf
| grade silver ore. and quartz running
| high In silver and gold Is being
| blocked out in the Austin Nevada Con
solidated. Diana. North Star and O
number of other properties.
! The Goshen Valley railroad. a spur
| line from the Denver & Rio Grande nj
| Pearl, Utah, to the Tlntic Standard
mine and the Iron King mine has been
completed as far as Flora and will
| commence operating at once.