The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-01-02
)URD THE Mines

activity In PaGln and a number Of
other properties are now working
there.
Shipment Of l5.0Oa tons of coal from
the United States tn Argentina is tn
begin immediately, all the necessary
arrangements having just been com
pleted.
The greatest phosphate deposits Of
any state n the union are TO be found
in Idaho in Bear Lake county, in the
southeastern part of the state Of Idaho.
and are now being developed.
Three million silver dollars We're
shipped to China from San Francisco
Christmas day for the purpose of stab
ililng far east exchange and conserv-
Ing this country's supply of gold.
A streak Of ore of shipping grade.
which averages from one to one and a
half feet in width. has been followed
for "A distance of from seventy-five to
eighty feet in the Wasatch Mines Jun
mel.
The camp OF National. ninety miles
north Of Winnemucca. New, Is becom-
ing more active, according to ]. G.
McAllister, manager of the National
Treasure property, owned by Salt Lake
and Ogden people.
Breaking into ore in the old Hope
mine from the Katie property, owned
by the Jib Mining company, at Basin,
Mont. 1t is believed will add some
2OO.OOO tons more to the already large
tonnage developed.
Kerosene features the refined oil in
dustry at present to such an extent
that many refiners have increased their
Kerosene output from IS per cent to
about u per cent, and have reduced
the gasoline yield correspondingly.
Sales of copper by the Chile Copper
company in the third quarter of this
year gave a sharp uplift to earnings
and prevented what threatened to be-
come t0pheavy unsOld metal ac-
count, according to the Boston News
Bureau.
The Iiiipah i.asin Oil & Gas COM
pany, Incorporated for the purpose Of
drilling for Oil in the nlipah Basin, To-
Gated about thirty-five miles west of
Ely, Nevada, and on the Lincoln high
way, is now busy moving drill to
the property.
The superintendent Of the Union
chief property at Santaquin, Utah,
says that the last round of holes at
the property before closing down for
the holidays showed another large fis-
sure containing some ore and large
amount Of iron.
Development work prosecuted during
the past month at the Monitor mines
property, situated twelve miles south
west Of Milford, Utah, is demonstrate
lng that the shoots Of rich ore are of
considerable extent and that the
chances Of persistence to depth are
good
The price Of potash continues on
ITS upward trend, according to ad-
vices received by producers of the
mineral. The shortage of potash caused
by the coal shortage has so far az
fected the market for spot potash that
sales have been made above 1918
per unit. or 1915 per ton.
Sales of new gold in London at III
shillings 3 pence an ounce, against a
normal value of "a shillings ia pence
represents discount of 2:39.64 per
cent from gold parity, accordi,g to
the Boston News Bureau. Sterling
exchange In New York on the same day
sold from $3.65A to $3.69A.
John G. Howard, president of the
Utah Oil Refining company, has re-
turned from Washington, where, as a
counselor for the National Petroleum
institute, he has been comforting with
government authorities on the mineral
lard leasing bill before congress. and
says the outlook is bright for tie an
prevail Of the measure.
The superintendent Of the Prince
Consolidated reports that the shaft
IS being sunk deeper before cutting n
station for the pumps. He says that
the water level will be determined
before putting in the station and thar
within short time this work will be
under way, as the shaft has been OK.
tended 40 feet since the work started.
One of the main contentious Of the
plaintiffs in the long-pending "smelter
smoke case is sustained in the opin- |
ton delivered by Judge Tillman d.
Johnson of the United States court for
the district Of Utah. The court finds |
that sulphur dioxide is injurious TO |
plant life and has wrought consider
able damage to the complaining farm
erS.
settlement Of pending and threat.
ened litigation between several PARK
city mining companies was finally Of.
Iected last week when proper papers
containing the provisions of settle.
inent, already ratified by the boards Of
Of the Silver King Coalition
Mines company, Keystone Mining COM
pany and Ontario Silver Mining COM
pany were formally signed.
Gold exports show large increa so
during October and although imports