The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-10-08

he Eureka Hin mine. Tintic district.
appears to be coming along satisfac
torily. and the first shipment of ore
should be made within a few days.
Work that according to all indica-
lions will lead to the Silver Pick be-
coming heavy producer Of high-grade
mill ore In the next month Is now I'M
Ter way. reports the Goldfield Tribune.
The Federal Mines and Smelling
company Mt Mullan. Idaho. has de-
clared its regular quarterly dividend
Of TX per cent on the preferred stock
The disbursement Is equivalent to
sos. 757.
According TO the Nevada Mining
Press, scarcity of miners and the ex-
cessiye cost of mine supplies VIII
cause a cessation of operations mt
he Como Consolidated mine In Lyon
county until spring.
Handling about 1000 yards Of earth
daily the big dredge Of the Gold Can
Won Dredging company mt Dayton, Ne
vada, is fulfilling all expectations, and
the returns from the gravel are salts
factory to the company.
The report comes from the West
Divide, Mt Tonopah, that there Is now
exposed in the new raise high grade
ore of the same character rs In the
drift on the shaft level. Everything
Is looking lovely at the property.
| Operations in the Con. Virginia
mine continue to feature work ut the
north end Of the Comstock, where. ac-
cording to the official reports for the
past week, an excellent grade Of ore
is being extracted and blocked out.
Rather than have the three big mines
of Phoebe shut down, the Salt Lake
railway has decided to forego the ad-
vance of GO cents ton allowed on ore
under $3.50 in value. and will con-
tinue the old rate Of $2.25 q ton to
Salt Lake.
With the present scarcity Of gold.
the prospects for developing In the
Bell district several large and profit
able producers Of yellow metal are ex-
cellent, it is believed. The Bell dis
trict Is situated about 30 miles from
Nina. New, and but few miles from
the Simon district.
Diamonds washed up from the sea
on the coast Of southwest Africa dur
ing 1918 totaled 1.234.727 carats, and
valued at $13,132,25O. This is accord
ing to government scientists who In
vestigated the coastal diamond field,
3 which is go miles long and was dis
covered in 1908.
1.-THE greatest copper belt In the
country" is getting to be the favorite
expression Of mining men, when refer
at ring to the vast mineralized area In
Il Plumas county, Calf. on which the
" two big mines at present are the
o. Engles. on the north, and the Walker
Copper, to the southeast.
Molybdenite Is a much-sought metal.
AT present the price is f3OO per ton.
which, with the pound sterling at uor-
- NAL, would be slightly under $500
NJ per ton. For carload of this metal
the price would be approximately
$4,000. These prices are based upon
1907 pure molybdenum sulphide.
Reports coming from the East Tin
M# tic section Indicate that the South
Nj Standard company is fast getting
~ everything in readiness for the win
$ ter's campaign of work. The power
a line will be completed within a shcr
y time, when the needed machinery will
). be installed, and work speeded up.
Mills at the Packard and Roches
! ter mines, which have been closed
down since the first of September be
cause of lack Of power, will be In oper
alton in few days, it is declared
- During the time the mills have beef
= closed down the mines have been re
paired and their capacities increased
- The American consul at Guatemala
A9M City reports that the Guatemala MAJ
Is BILE Mining company is preparing t
operate a marble quarry about thil
teen miles from the railroad static
of Zacapa, which station is a little owe
:# 100 miles from Puerta BarriOs, tn
nearest port from which the produ'
may be shipped.
IN. One dollar a pound was the earle!
price ever quoted for platinum, no
worth $165 an ounce, says the Amer
can Mine Reporter. This origin
price of a metal with which Russ
is now planning to finance its int
~ national trade and form reserve +,
- It's money system, was established
the middle Of the eighteenth centur
~ after the discovery Of platinum in
n lombia.
While the silver producers Of til
country are doing little worrying !
III garding the immediate future due
N the length of time that it will take
produce enough Of the metal to me
the governments requirements und
the Pittman act, at the same time Me
81 lean and Canadian producers are {
q timistic about the future course of
l. -.