Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1919-02-25

Ul6%; iron nominally uncba+
Metal Exchange quotes lead eed
spot and March offered at 51o.4 ulet;
ter quiet; East st. Louis. spot s spsl
Q6.45; March, s6.30@6.4O. Po'SO
A payment of $4,000 on tho
ported purchase price of s150 0oo re-
been made at Nelson, B. G or nas
Mountain Chief mine, near PanI Tue
says Nelson report The nnrnS aea'
ers were represented by J. w. Evans
president OF the new company. and
the vendors by o. Wheeler. anu
The United Copper mine is the oD,,.
producing copper mine in the stats
that is producing at present accordinS
to Conrad Wolfe, president, in a state
ment at Chewelah February 20 IL
said the United Copper has produces
$1,750,000 and spent $250,000 for smeIt
ing, 100000 for taxes, 5000. OO0 fos
freight, $750,000 for labor. $500 O0O 20.
materials and disbursed $3.50 900 in
dividends.
The Misunderstanding Mines. oner.
ating near Three Forks, B. c.. has
cash surplus of S44930, according n
a report for the eight months ended
on December 81 last. This includes
$4,000 in Liberty and Victory bonds
The report shows receipts of 49,. 70S
and disbursements aggregating S3S.
III. The report of W. A. Cameron
superintendent says the. COMPANY
mined and milled $500 tons of ma.
terial in the eight months. The pro.
tons of lead concentrates and 80
tons of zinc concentrates. The concen.
traitor was in operation six months
The other two months were spent in
repairing damage caused by snow
slides. The report was accompanied
by checks for a dividend at the rate
of cent share, or totalof$17 800
1918 Output B. C. Mines.
The quantity of gold, lead and COP.
per produced in the interior of British
Columbia was greater in 1918 than in
the last previous year but the produc-
ton of silver and zinc was decreased,
according to the estimates of w. Fleet
Robertson, provincial geologist, in his
report for the department of mines.
While the silver output was less its
value was greater, than in the pre-.
vious year, owing to advances in the
price of the metal
The Boundary district headed
the list for gold production for the
year, with 56,734 ounces out of the
total of 157 ,276 for the province. Ross
land came second with 3S,096.
Nelson district produced more gold
than in 1917, the increase being due
to a larger tonnage from the Yankee
Girl mine at Ymir.
OF silver, the largest number of
ounces was produced by SLOGAN City
and district, with a total of 1853, 265.
which was nearly four times the
amount produced by any other dis
trict in the province.
The total quantity of lead produced
in 1918 is estimated at 43,949, Gel
pounds. Compared to the previous
year this was an increase in quantity
but, owing to the lower market price
of lead, suffered a decrease in value
of $6393. Fort Steele produced the
largest number of pounds during the
year, the total being 19,340,S00.
The lead production of Nelson divi.
SiOh NdiiC largely lIOu the Emerald
mine.
The production of copper during
the year was estimated at 63,387,910,
over 100000 more than in the previ-
GUS year. There was a decrease in the
value, owing to the lower market price
Skeena division headed the list of
producers of this metal with 30,925,
92S pounds, out of the total of $685..
O1O produced in the province.
Copper mining is now firmly estab-
lished as the most important form
of mining in the province" says Mr.
Robertson in his report. "In 1918 the
value of the copper mined exceeded
by over $4,000,000 the combined values
of all other metals mined, and it
formed 3S per cent of the total value
of the mineral production for the year"
The quantity of zinc produced dur
ing 1918 was about 36,149,S94 pounds,
showing a decrease compared to the
previous years figures. This produc-
ton was valued at $2.5O1,573.