The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-08-13
MINES AND MINING

,arsl Of the Eureka Lilly mine, ac-
Ling to Grant Snyder, manager Of
tSs company. At distance of 200
t.e. from the shaft the formation is
having considerable good ore in
f.r;ngers and bunckes. An assay Of
smnles taken from the face while
IT, SNYDER was at the mine is said to
I.ve shown seventeen ounces of silver
x per cent copper and $3.50 in gold.
directors and other shareholders OF
10 Eureka Metallurgical company
nr;np the week held a meeting in
h;s city and decided to increase the
snitalization of the company from
(5oOoO to 100000. At the same meet
20 If was decided to extend the OPP
ion recently given to John Hays Ham
pond. who will likely take over a sub
antial block of the stock and assist
launching the company.
The first gold dredge of any size to
aoated in Nevada is receiving the
pishing touches at Gold canyon, just
low Silver City and almost in the
ladow of Mount Davidson, says the
eyada Mining Press. The dredge is
lin of steel throughout and has a
ted capacity of 1000 yards of gravel
r twenty-four-hour day. 1t will cost
hen completed $350,O00. Allowing
Der cent for loss of time and Is
cent for unfavorable ground, it
b handle 5000 cubic yards per day.
In the early 1905 and 7O's the
mes of the Arabia district, situated
Brteen miles north of LovelOck. New,
re attracting considerable attention
cause of the remarkable richness OF
liberalization found in the fissure
ms. Now, Salt Lake and Utah men,
70 are interested in the Pershing
unity Mines company, Glenn D.
ok. president and general manager,
ieve that exploration at depth OF
richly mineralized formation will
Use no little interest among mining
D. who are ever watching progress
ng meteorological and geological
Is.
Leen interest has been aroused in
mining industry of southern Ida-
by the discovery of several rich
|er-bearing veins in the Rough
untain Mining district in Owyhee
pty. Already more than a dozen
ms have had notices posted upon
b, in addition to six claims of the
ted States Silver Mining company
Twin Falls, which has begun active
Flopment work on it's Worlds War
b. In addition to this claim, up
which tunnel is being driven on
ledge, the company has five other
hs, the Worlds War Nos. / to 5,
psive, which take in a large part
hat is rgarded as the best mining
tory.
Prty-four bars of bullion constitut-
be production of the Tonopah Bel
Development company during
inst two weeks in July. The ship
of the bullion, which was made
ply Is, showed weight of 10000
Is, and the estimated valuation is
at SS3,60O.
E surrender of Francisco Villa,
can bandit and revolutionist,
ed business leaders at Ell Paso
n Juarez, Mex. Opinions freely
expressed Villas surrender
DO much to stabilize mining
Industry in chihuahua, the state
leh Villa chiefly operated.
let that the rich surface depos-
rom which considerable amounts
nave been taken on the Bel
ION, the Live Yankee and the
wave properties in the Ameri-
0fk canyon, would be found to
70 depth, is justified by the re-
'flke in the Holden tunnel.
ing the last few days large
rs Of brass workers in the
.aeS valley have gone back to
''er an idleness of about three
;. says the Boston News Blu
Inc men struck about the mid
April, since which time the
Iecut brass mills have been
part time.
= ltlons at the Emma Silver mine
Ai'a district are very satisfac-
s0fdlng to John Dern, a direc-
I .ae company. Mr.. Dern visited
! 0perty this week. The motor
n as Hooded out in the winze
n n0~slides cut off the power
|. y thoroughly overhauled and
n stated on the 300-foot level.
hree months ended June 80
q ''ean Zinc, Lead & Smelling |
n earned net profits of $147,- |
Il is before depreciation and
ana brings total profits for |
4 aaal OF 1920 up to $344,975. |
/ Z !, ss "a S dividend on the sc, $40 |
- -. !. enc preferred held by the
~ ~ 30, dor s24l 500, leaving a
Q important DEVELOPMENT |