The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1919-05-09
MINES AND MINING.

Is reported for the last years opera
ton by the Silver King Consolidated
mine at Park City to the state board of
equalization.
Senator Key rittman Of Nevada and
other capitalists of the state are the
organizers of the newest company in
corparated for the development of
mines in tne Divide district Of Nevada.
During January 26.aI6,a3. barrels
OF crude oil were consumed by oil re-
fineries operating In this country. 10
addition, 3.9lg.4 9a barrels We're pur'
chased and re-run. says The Boston
News Bureau.
The opening of the wonderfully rich
mines IN the Divide district just south
of Tonopah Is stimulating the whole
mining industry of the state. as was
the case following the discovery of
Tonopah and Goldfield.
The lerington or Mason Valley min.
inS district Is next tn Ely the most
productive copper region In Nevada
According la the geological survey
report of l9lS. the region produced
so,Uloooo pounds of copper
With the development Of the Divide
district, Tonopah. Nev. has enjoyed
an Increase in population and pros.
perity that almost rivals the old Cold
field days. And Tonopah claims that
the growth Is going 10 he permanent.
The Syndicate Mining and Milling
Inns f..E.. -
poration with the county clerk at Pro-
70. Utah. The company Is, inrorpor.
ated for $4,000. The eompanys hold
ings are in the Santaquin mining dis
trict.
During 1918. the Nipissihg Mines
company shows In its annual net in
come after expenses OF xi,715.31l.
equivalent To xl.Is share earned on
the S6,Oo00Oo capital stock tpar $50.
as compared with $l.5l share earned
| In 1917.
Several more Utah mining com
panies filed reports Of their net
proceeds with the state board Of
equalization last week. Taxation will
be based on valuation Of three times
the net proceeds AS reported, or as
| estimated by the board.
According to Information given out
at the Salt Lake office Of the Pope
Shenon Mining company, operating an
extensive property short distance out
of Salmon City. Idaho. the beginning
of the month will witness the regular
resumption of shipments
A carload OF ore each week Is be.
| ing shipped from the Witt Brandon
Taylor Mechlin lease mt the Florence
Goldfield, which attracted attention
several months ago by the opening al
a seam showing free gold over "A width
of from six To eighteen inches
Since United Verde Extension un
covered such rich ore In the western
part of It's property. the whole Jerome
Arizona, camp has been expectant OF
| finding like wealth. but no active de
velopment campaign Is In progress ex
cept that by Calumet x Arizona's sub
sldiary.
The oil shaIe industry has reached
Its largest growth In Scotland. but has
also been developed TO some extent Ia
| FNnce. Germany. and Australia. OIL
shales are found widely distributed In
the United States. especially In Utah
Colorado, Nevada. California and Wy.
oming.
Production Of the Chief Consolidated
Of Tintic last week was reduced 10
| only twelve carloads or about COO tons.
This Is compared with It's normal Of
| 1000 tons or more. The reason of the
decrease Is that there was an accident
in the shaft and big caye-ln occur.
| red during the week.
From the neighborliood Of Prescott.
| Arizona. come reports OF the revival
OF old silver mines. Battle Flat. scene
Of sanguinary Indian fight In the
seventies. IL reported To- have yielded
new discoveries of silver. aud two fresh
camps have been opened on this spur
of the northern slope OF the Brad
shaws.
Placer mining operations on the
Snake river In the Jackson's Hole
country will be resumed at once. &C.
cording TO w. j. Bender. general man
ager of the Grand Canyon Mining 4
Development company. Modern ma.
chinery 10 extract the gold has been
purchased In Denver aud is now being
Installed.
For the first time since America en-
tered the world war, business ON the
Salt Lake Stock and Mining exchange
ON April - passed the 10000 mark
for a single day. while the turbulence,
the intense excitement and the greatly
increased number of spectators strong
ly recalled the old days OF the min
ing and stock boom.
About a month ago there was fire
at the Garfield sulphuric acid plant.
and through the fine work of the vol.
unieer fire department half a million
dollars Ia buildings and equipment
practically was saved. Before the
flame. xYerp finally saxftn atIfghah how