The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-12-03
Mines AND MINING

wallace (ldahO) Press-Times.
The Silver Pick has exposed In the
wall Of an old stope In the Red Top
a four to five-foot face OF ore, from
which the lowest assay return has
been $50, says the Goid6eid Tribune.
With Its preliminary work nearly
finished the New Quincy Mining com
puny. with holdings In the Park City,
Utah. district, will soon be ready to
crowd M active campaign OF develop
ment.
The Gienallen mill at Park City Ii
nearing completion. General Manager
J. II. Allen expects To have the wheels
the mill In full operation by Dccem-
Der ~.
Directors OF the Yuma Mining com
pany ut "A meeting In Eureka. Utah,
decided upon another assessment Of
I cent share, which Is necessary In
order That the campaign OF develop
ment work may be continued
The Consolidated Virginia Mining
company made another large ore pro-
ductlon during the past week, ore be-
ing extracted from four different lev
els. the entire tonnage being of an ex-
cellent average milling grade, says the
Virginia, New. Chronicle.
II IL estimated that the 1920 yield OF
silver throughout The world will APP
proximate 16O,OO0,O0O ounces. This
country's contribution to the total yield
| will run close to 5O,OO0,OOO ounces. all
OF which may be counted upon as being
| sold 10 the government mint at 81 an
| ounce.
Gold miners ARE engaged In a
hand -to-month existence, aud the out
put of gold has decreased two-thIrds
In five years." George II. Collins, gov
ernOr Of the Colorado chapter, told the
American Mining congress at the SEES
sion OF the Twenty-third annual con-
vention Mt Denver.
After being Idle for the past four
years. work has been resumed on the
property Of the Jumbo Mining com
pany In the Murray section. Charles
Johnson. one Of the old-tlmers Of that
section. Is one OF the principal own.
ers. and the work Is being done under
his supervision.
Speculative selling for London and
Chinese account has been the prime
factor In dropping silver to the lowest
price In three years. From the high
est point In recent years silver has
been forced down more than 65 cents
an ounce In the face Of an actual
shortage Of the metal.
Release of the flftieth quarterly
report Of the Utah Copper company,
covering the third quarter OF the year
1920. shows reduction In output.
During the third quarter the gross
production Of copper concentrates was
24.740.7s4 pounds ny compared with
2S.007.i27 for the second quarter
The Mammoth mine IL back In the
shipping list again. having u tempo
rary arrangement which will permit
the shipment OF a carload or two or
ore daily. Most of the ore from this
mine carries copper and under exist
Ing conditions there Is but little money
to he made In mining the red metal,
The electrolytlc zine plant Of the
| Anaconda Copper Mining company at
Great Falls, Mont. will curtail Its
production by half with the present
week and the output will be a,OOO.OOO
pounds instead of l0,OO0.OOO pounds
| per month Ms heretofore. One hun
dred men will be- affected by the cur
| tallment.
Returning from Denver. where he
| attended the sessions OF the American
| Mining congress. George II, bern. Salt
Lake mining man. said that he was
| particularly pleased with the spirit OF
sincerity. earnestncss and fairness
| with which the hig problems that are
confronting the mining industry were
| approached.
| Fifty-two per cent Of NIL carload
freight shipped during January. Feb.
| rn6ry aud March of this year con.
| sisted of the raw products of Ameri-
eau mines. This Is u short paragraph
hut weighty one. Nothing bigger
has heen printed since the cables
flashed the news that the arm!stice
had been signed.
| The case of son resuming work
In silver mine first developed by
his father forty years ago. Is seen a,
the BETTY O'iSell. at Lewis. Nevada
where Noble NJ. Getcheil, general man
ager. has rc-eQuipped the mine
pumped it.OO0yOOO gallons Of water
from the shaft In thirty days and has
cleared the $O0Afoot shaft TO the bot
tom.
The average cost per pound Of ne,
copper produced by the Utah Cope,
company the last three months. 10
Guiding plant depreciation aud al
fixed and general charges, but exclud
Ing federal taxes. but without credit
for gold and silver or miscellaneous
income. was l7.l5o cents, rs compared
| wfth ~ tel? rents for tho nrssviO,is