The Idaho Republican. [volume] (Blackfoot, Idaho) 1904-1932, 1919-02-25
AROUND THE MINES

A number of Utah mining men are
taking flyers in the Texas oil fields,
one firm last week making nice little
stake in one venture
The New York Tribune declares that
cOnfiscatOry Oil measure in Mexico has
been pigeOn-holed. No action will be
taken until September, unless Carran-
IA calls special session Of congress.
From New York comes word that
the Consolidated Copper Mines COM
pany produced 1887 ,997 pounds of cop
per in December, making total pro-
duction for 1918 of Is, 730.164 pounds.
The Emerald Oil company, operating
In the Rangley field will build small
refinery, sufficient in capacity to turn
out gasoline enough for the 'aut0mo-
biles of the Uintah basin, it is an
nounced.
Western mining men are much inter-
ested in report from Boston to the
effect that there is possibility Of
the final elimination of London as the
maker of the metal prices for the rest
of the world.
An injunction against the Butte &
Superior company, restraining it from
using the oil flotation process, will
stand without modification, it was de-
cided by the United States district
judge at Helena.
During the month of January, Utah
Copper produced 1O,5OO,0O0 pounds;
Chino, 4,421 900 pounds; Ray, 4,47O,-
900 pounds, and Nevada, 100000
pounds. All showing decrease in
production for the same month of last
year.
Ten million pounds of copper was
sold at New York February 6 by large
and small selling agencies when the
former reduced the price from % cents
to 1888 cents a pound, with small
lots selling as low as 1S cents, &C.
cording to conservative estimates in
mar. 1t circles.
Through the consolidation of five of
the principal mines of Humboldt coun-
ty, Nevada, in the Rochester district,
apex litigation, which has threatened
to tie up indefinitely the principal min
ing operations of the district, have
been averted, and suit for $2,272,OOO
recently brought will be dismissed.
Declared to be made necessary by
the slump in the copper market, a re-
ductiOn in wages of men employed in
the mines and mills Of the Utah Cop
per company will be carried into effect
at once. This was announced in bulle-.
tins posted at the Garfield mills and
the Bingham mines on February 6.
The copper situation is the subject
of general discussion in speculative
circles. Belief prevals that with the
metal at 10 cents the miners activity
will be created and consumption Will
develop. The trading element is in
clined to the view that the copper
trade situation will have an unsettling
effect.
A suit to recover valuable ore. esti-
mated as having value of approx
mately 81, 100000, was filed by the Utah
Consolidated Mining company against
the Utah Apex Mining company, with
the clerk of the federal court at Salt
Lake last week. The claims in dispute
are known as the Keepapitchinin and
the Battlesnake claims.
Reports from Rig Cottonwood are
that the teams have been pulling out
of South Fork, the trucks operating |
between the Cardiff ore bins and Muir
ray have been stopped and that the
mine will make no further efforts to
move ore down to market before next
spring. Some development work Will
DE continued at the mine, however.
Statistics by the department of COM
merce at Washington show that in No
vember. 1918, domestic exports of zinc
spelter, in pigs, totaled 15,l62,733
pounds, worth 81, sol ,O12; Of lead pigs,
bars, etc., 1878, 181 pounds, worth ST.
216,417; and of zinc sheets, strips, etc.,
2,354,823 pounds. worth $406,752. For
,eign exports of lead pigs and bars, ana
old lead, amounted to 246,395 pounds,
valued at $20,432.
The eleventh annual report of the
Nevada Wonder Mining company, op-
Grating at Wonder, Churchill county,
New, covering the year ended Decem-
Der 81, 1917, shows that the develop
ment work done. consisted of total
of 1926 feet, monthly average of
300 feet. The recovery Of gold was
1912 ounces, and of silver 816,S52
ounces, from $500 tons Of ore, carry
ing DIAL ounce gold and 1885 ounces
silver per ton.
1t is stated that Wyoming and Colo
RADIO oil companies, or companies
which obtain considerable proportion
Of their revenue from operations In
these states, will have paid out $4O,-
372, 1O8 in dividends during 1918 by
The time all dividends declared have
been disbursed.
The new hosting equipment at the
rintic Standard company arrived on