The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-07-01
AROUND THE MINES

on the LincOln-Idah0 and Baum prop
critics in the Dry Piney oil district,
near Kemmerer, WyO., to pump and
store oil.
The Tonopah Belmont Development
company pays. dividend of 10 cents
share, $150.OOO, on July LIST. This
makes 100000 for 1919 and $1O,0lS,-
063 to date.
1t is said that the General Reduction
& Chemical Co. will erect 100000
plant at Denver for the extraction Of
mineral paints, dyes and chemicals
from ore and probably from shale.
The Equity Coal company has leased
coal lands near Fromberg, Mont, and
will make preparations for an active
campaign this year. A new tipple is
being built and side track construct
ed.
Directors of the Bingham Mines COM
pany have declared dividend No. 8.
consisting Of % cents share. This
declaration calls for the distribution
of $4,000. 1t will bring the company's
total up to $6Oe, $50.
. Wilbert Mining Company has a small
force of men now cleaning up the mine
near ArcO, Ida, preparatory to get
ting down on the production basis.
No attempt has been made yet to get
out ore this summer for shipment.
According to figures compiled by F.
L. Ransome of the United States geo.
logical survey, about $3.50 TASKS of
quicksilver of rs pounds net, was pro-
duced in the United States from Jam
parry 1 to March 81, inclusive, 1919.
Officials of the Woodlawn Copper
Mining company are planning to ship
ore from that property. About 100
tons of valuable ore on the dump,
which will have to be removed for de-
velopment work, is expected to run in
to good values.
Progress of an encouraging nature
is being made on the Tar Baby prop
erty, near Salt Lake. The company's
engineer computed recently that the
objective was approximately $50 feet
distant, and of this distance, 100 feet
has already been made, it is said.
Considerable Utah money went into
the Dayton Placer Recovery corpora
ton to finance the operations on some
of the old placer failing dumps On the
Carson river of Nevada, and now no.
tice has been given of the bankruptcy
of the company and sale of the plant.
Utah people have bought the lib
mining property at Basin, Mont The
Jib properties were closed down %
years ago, up to which time 100000
tons of sulphide ores were shipped and
a large amount of oxidized, with an
aggregate net smelter Of about $1,000
600.
The oil operations in the Dry creek
field in Montana have been shut down
temporarily. The drill has attained
depth of 1850 feet and has got 100
to 100 feet to reach the oil sands. 1t
is hoped work will continue until the
question of oil in this vicinity is finally
settled.
A body of ore containing lead and
zinc has been opened by lessecs be-
tween the 600 and 70O-foot levels of
the Success mine, says Wallace, Ida,
report. Two carloads of lead concen-
trates were shipped week ago. Five
carloads of concentrates containing ~
per cent zinc have been accumulated.
Excellent progress is being made at
the Beaver Copper mine, which re-
Gently resumed operations, say off,
Gals of the company. The compressor
is being moved from the old shaft to
the deep shaft. An ore-bearing fissure
was struck in this shaft on the 10
foot level. A drift was then driven to
the 470-foOt level.
Work will be soon started on the
Big Hill mine in the East Tintic dis
trict, which is She property of the
Knight Investment company. A hoist
and equipment capable of going to
depth of 1900 to 400 feet, double
drop holster and 450-foot air COM
pressor will be purchased and installed
on the property at once.
The great driving force operating In
the silver market for the last few years
is clearly indicated by the statement
made by the secretary of state for
India, namely, that Indian net imports
of silver during the war had amounted
to 516,2O2,OoO OUNCES, about $4,000
600 (sufficient to coin about 1900,
100000 rupees).
Mining and business men of the
Cripple Creek district are optimistic
over the reported resumption of opera
tons over the Colorado Springs and
Cripple Creek railroad-the Short
Line, and it is felt that unless con-
ditions in the district warranted, the
Short Line bond-holders would not
make the attempt.
A net operation realization OF $115,-
9S6.45 during 1918 was made by the
Eo;rviow Round Mountain company.