The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-12-05
AROUND THE ki,NE;

with other quick assets worth $3.50. O0O
Il United Verde Extension Mining con.
pany has purchased from the Wes
United Verde Copper company tn,
Haynes group Of Claims on the othel
side of the ore belt at Jerome, says
the Boston News Bureau.
Placer ground in Rockhill canyon
In the Dun Glen district of Hum
boldt county, New, Is being prospectet
with drill and it Is reported that II
the results are satisfactory mining on
la large scale will be started.
Mining properties at Divide, Nevada,
are being developed under conditions
more nearly approaching normal, now
that the mine operators and workers
have signed wage and working
agreement effective for one year.
Alaska Gold Mines earnings for the
In addition to other valuable holdings.
quarter ending September 80, showed
a deficit Of $S7, 239. as against $50, 4S3
for the preceding quarter and deficit
of $11,984 for the same quarter last
year.
The highest world price of silver in
the history Of the universe was reached
November Is when silver sold at 70
pence per ounce British standard sill
yer, and at propoftionate prices in
France, Germany, India, China and the
rest Of the world.
The most important showing so far
developed in the Yuma mine, which lies
between the Crown Point and the East
| Tintic Consolidated, Tintic district,
was opened last week. Nine feet of
quartz, with three feet of high-grade
| ore, have been uncovered.
According to report from the EN-.
ma silver property, the bottom of the
winze is reported to be in five feet of
high-grade ore. When the mine was
unwatered and cleaned out two weeks
ago there was two feet of ore encOunt-
cred that carried 1873 ounces in silver
and 45 per cent lead.
According to word received from one
OF the pioneers of the new camp of
Arrowhead, 12O miles from Ely and
II miles north of Twin Springs, on
the Ely to TOnopah automobile road,
the camp is showing some of the rich
est silver values that have been found
in Nevada in some time.
Copper production for eighteen of the
largest producers in the United States
during the month of September ag-
gregated S2,298,4S3 pounds, Of which
Utah Copper produced 8,220,O92
pounds, the third largest producer for
the month, according to the United
States bureau of mines compilation.
T. H. Howard, who operates small
coal mine near Milestone, Mont, an
nounces that he will continue to op-
crate in spite of the strike and wagons
can be supplied at the mine. The
mine is only in the preliminary stages
of development, but sufficient coal
can be produced to supply the city of
Milestone.
The Divide Extension management
has cut a station at depth of 200
feet in the new shaft and is now driv- |
ing short crOsscut to the west to |
tap the high grade ore bodies opened |
on the forty-five and 1OO-foot levels.
CrOsscutting to the east also is being |
done. for the purpose of tapping the
main ledge.
Press reports that the Mexican gov
eminent is to limit the expectation of
silver from across the border tend to
create the Offhand impression that
serious embargo is to be laid upon the
silver production of big American min
Ing companies like the United States
Smelling. This is not the case, says
the Boston News Bureau.
After a somewhat agitated session
Of the board of governors of the Salt
Lake Stock and Mining Exchange, it
was decided that an invitation be ex-
tended to all the companies whose
stock Is listed on the board, that in
he future all sales of delinquent stock
De held on the floor of the exchange
30 that the public could attend.
In the Carrie silver mine, near To-
lopah, high grade silver ore, with lead,
copper and gold in paying quantities,
has been encountered recently in the
ncline being driven along the granite
ootwall in the south workings, below
md to the south of the old glory hole
rom which fortune was produced by
he original locatOrs Of the property.
In drifting to the north of the high
trade from the inclined raise from the
OO-foot level, the Carrie Silver-Lead
lines company broke into full face
II high-grade, running 200 to 300
unces In silver, with by-products of
old and copper of strong commercial
alue, says a report from Nevada.
G. W. Wallace Of st. Louis, inventor
t the deduction distillation process"
f extracting oil from oil shale, speak
1g before q gathering of students and
aculty msmbers at the University of