The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-02-14
MINES AND MINING

crease over 19lI OF 4.3IO,uSS barrels.
This is an era of pipe line building
In Texas and the big oil companies are
spending millions, rushing lines 10 the
new oil fields 10 provide outlets 10 the
Gulf of Mexico.
In the first half of the current month
the Arizona Commercial Mining com
pany produced 1862 tons of ore that
averaged Z per cent copper. says the
Boston News Bureau.
From Toronto. Canada. comes word
that the Cobalt silver mines during
1918 were on velvet In all. the total
yield up To the end of 1918 has been
about 292,O00,000 ounces.
Notwithstanding the handicap of
war conditions, the output of gold
from the Cobalt district was somewhat
larger than in 1917, being 5000, 900.
as compared with $S,69S.735.
Business on the Salt Lake mining
exchange in January totaled .459, $50
shares, valued at $203, 629.55. This is
compared with 1.43l, LAB shares sold In
December, valued at $3io, 0964
Word received from the WOodlawn
In upper Big Cottonwood is that the
ore continues to show In the drift from
the new lower tunnel, where rich val
ues were struck short time ago.
Shipments of first-class crude ore
and product from the mills of Park
City last week totaled 2115 tons, val.
ued at $125,OO0. This is compared with
1923 tons the previous week and 202l
the week before that
The zinc output from Nevada for
1907 was 1854 tons, and for 1916, 1921
tons Of zinc at value of S4,347 1857.
OF the 1921 tons produced about
l4,5OO tons of zine came from the
Yellow Pine mining district :.
Production by the mines of Tintic
last week amounted to 140 carloads.
These are estimated at 700 tons and
valued at $4,000. This output is com
pared with l31 carloads the previous
week and l52 the week before that.
After sinking the Wine to depth
of 300 feet below the 500 level, the
Yuma people have stopped this piece
of work and are making preparations
to drift for the ore from the bottom
OF the winze in the Eureka property
Officials of the Crown Point Mining
company have about reached the con
clusion that they are working above
their ore bodies at their Tintic prop
erty. Now the management has de
clded to sink probably to the 1100-fooI
level
The manager of the Silver Shield
announces that he is after soldier boys
to employ in the Bingham property
Already he has seven of them, anC
could take care of about fifteen. The.
ar. being paid from 81 to $3.50 da,
for eight hours.
Impelled by desire to lose no tim,
in the development of its large hold
ings, the North Standard Mining com
pany, operating in East Tintic district
has, completed the purchase OF al
equipment that will enable the sinkin,
of the shaft to the 1000foot level /
desired.
Speculative sentiment regarding thu
dividend action of the American Smelt
ing & Refining board at the meeting
February ) has veered around 10 til,
view that the g per cent rate on TIL
common stock will be continued. "A
least for the present. says the Wal
Street Journal.
1t is stated that Wyoming and Colo
RADIO oil companies, or companie
which obtain considerable proportion
of their revenue from operations IL
these states, will have paid out $40
672, los in dividends during 1918 b.
the time all dividends declared hay,
been disbursed.
The new hoistlng equipment at thu
Tintic Standard company arrived OF
the ground last week and is ready 70
installation as soon as the foundation
can be put in. The new machinery Il
of the latest type made, electrical!
driven, and is large enough to handle
the work of the property for all time
The end of the war may result In {
temporary setback in the market price
of most of the metals because thu
demand for them in the special wal
industries will cease to exist and Their,
is little doubt that there Is likely Il
be period of pause aud readjust
ment before the work of reconstuc
ton can begin.
The presence of zinc in the yellow
Pine mining district of Nevada. par
ticularly in the Yellow Pine mine, has
been known over twenty years, but
was of no commercial value until the
Salt Lake railroad was built during
1905-07. through southern Nevada
within seven miles of Goodsprings-
the mining center of the district.
In the Occur d Alene district two OF
the country's most important lead pro
ducers-Hercules and Tamarack
Custer--have closed down. while the
Bunker Hill 4 Sullivan and smaller
properties have cut output % per cent
The two mines which have closed, con
trolled by the Day interests. last year
produced close to 10000 tons of nigh