The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1920-12-17


Installation of the nev electric COM
pressor and hoist by the New Quincy
Mining COMPANY upon Little Bell prop
erty at Park City. was completed last
week and actual development work
started.
Operations carried ON during the
year 1870 by the Bingham Mines COM
pany. including its subsidiary, the
Eagle * Blue Bell Mining company.
have been very profitable and sueress-
full, according To the manager.
Germany and France have hought
copper recently in ar amount, CON
s.derlng domestic conditions on the
other side. One of these sales covered
delivery of 100000 pounds, the
largest individual sale on foreign ac-
count for several weeks.
OF the total value coal produced
In the Pennsylvania field in 1919, the
Wyoming, Bernice Basin district re-
ported an output of S2l2,3l5,000, the
Schuylkill Sl00,95S.000 and the Lee
high, S50,969,OO0. Culm bank wash
cries pTOuhceu Sl,col,VVv
The Ramshorn Mining company. OPP
Grating the Ramshorn mine in Bay
horse district In Idaho, is contemplate
ing the execution of 1910 feet of tun-
mel work and raises on its property
during this winter. This will incluGe
eight drifts and eighteen raises.
A greater curtailment in output by
copper producers i'm the united States
will soon be put into effect and early
In the new year the rate of production
will be materially below the present
volume. Wages also will be lowered
where cuts have not already been
made, says the Boston News Bureau.
Production Of zinc in the United
States has been cut to 100000 tons
per Mnum, and further curtailment in
December will lower the output to
24O,000 tons. Retort capacity of the
country's zinc plants was tremendous
ly increased during the war, and pro-
duction ran above 100000 tons in 1917,
the record year.
An innovation in federal government
bureau methods, involving practical
cooperative assistance to the mining,
metallurgcal and certain other indus
tries of the country in solving many
Of the intricate and complex problems
in manufacture, is outlined in the an
nual report of Dr. +. G. Cottrell, direc-
tor of the bureau Of mines.
A group of Helena men who last
spring began to work an abandoned
silver claim In the UniOnville district
In Montana, recently struck what is
declared to be some I tOhe richest
sIlver-lead ore ever seen in that Sec
ton Of the state. The values also
embrace gold and there is said to be
indications of high grade copper ore.
Shipment Of new equipment consist.
Ing of five-dr II compressor and a
hoist, to the Bristol Silver Mines prop
erty. situated about fifteen miles from
Phoebe, was made last week. Installa-
ton Of this equipment will permit not
only increase of the mines production
up to capacity Of seventy-five tons per
day, but also the starting Of a new
shaft.
Some weeks ago a strlnger of quartz
five or six inches in width was re-
ported as having been struck on the
property Of the Sterling Silver mine
on Big creek, In Idaho, showing con-
siderable naturalization. Since this
stringer was encountered it has been
followed about twenty feet. 1t has
now widened out 20 twenty inches in
width.
Coal mine operators had an invest
ed capital Of $o48,713,O0O ten years
ago but the properties were estimated
to be worth S432 ,391 900 in 1919. An
analysis of the mine operators ex-
penses showed that while they paid
taxes aggregating $7,969,0O0 in 1909,
the taxes in 1919 We're $11, 1862 900 and
their rents and royalties grew during
the peri1 from $3,356,O00 to $14O66,-
900.
1t Is toward the orient, and toward
China particularly. that the financial
magnates Of America are looking In
their efforts to find an ending of the
silver slump, says Harry Coe, vice
president Of the Anglo & London Paris
National bank according to the San
Francisco Bulletin. Coe is regarded
az one Of the first silver authorities
In the west The rehabilitation Of the
market, as he sees 1t, must come
through some forward impetus in
Chinese export trade.
The gusher oil well recently brought
In by the Standard Oil company OF
California is reported to be less than
800 feet from the boundary line OF
the Holly Sup4r property at Hunting
ton Beach. CAL, and It Is understood
that officers Of the latter company
are negotiating with the Standard OIL
company and the Union Oil company
for drilling Of its land, consisting OF
seventy-three acres, which it Is be
lieved lies on the same structure as
the big Standard well.