The Idaho recorder. [volume] (Salmon City, Idaho) 1886-1927, 1920-11-05
MINES AND MINING

f;o., uuc VII company,
financed by Utah men, is pushing do
Neiopment work both in its oil nron.
erty ana at the Silver Bar mine ahout
thirty miles from Nina New.
Cobalt minerals are uncommon ex.
cept In the Cobalt district. Ontario
canada, where they occur In ores thai
are worked for their silver conten,
the cobalt produced being a nv.
product.
Ahree narrow high-grade veins have
Deen opened on the surface OF tho orr
Lake mlhe, says dispatch from
COBALT, Ont. They range In width from
one 10 two inches and contain from
zooo to 600 ounces silver per ton.
The market on zinc must pic. 20 a
cents pound before independent nro.
ducers can hope to break even accord
ing to the Boston News Bureau this
estimate taking into consideration rho
amount of silver found in zinc ores Of
the Butte district.
Inc directors Of the Utah Consoli.
dated OIL company held a meetinp a,
SAT- Lake last week to consider the
question of certain development work
on the companys large shale holdings
near the United States naval reserve
In the Uintah basin.
Granting OF bonus of $40 per
ounce on all the new gold produced
IN the United States as provided for
by the McFadden bill, if enacted in
the next session Of congress, will
stimulate the yellow metal mining in
dustry to a considerable extent.
Production of smelter copper by the
nineteen leading mines of this country
and South America amounted to 90
2O2,S41 pounds in September, compar-
ed with 1O5,516,912 pounds in the pre-
ceding month, decline of 6,314,O71
pounds, says the Boston News Bureau.
After several months of prepara-
ton under direction of John ]. Sulli-
van, of Chicago, vice-president and
general manager, the Washington Mon
tezuma is now working in the district
west of GOldtield with a good plant of
machinery and prepared to thoroughly
prospect the claims
Control of the Ballarat mine, stu
ated about thirty miles from Trona,
Calf. Inyo county, has passed to
Frank Fl. Long of Pasadena, Calf. AS
ISOLATED in this enterprise is John
Thorndyke, well-known mine operator,
who for years directed activities at
the Custer mine at Darwin.
An involuntary petition in bank
ruptcy was filed at Houston, Texas,
last week against the General Oil com
pany, $20,000,000 trust company, and
the General Oil company, a S1,000,000
corporation, properties recently placed
in charge of receiver and formerly
under operations of S. E. J. Cox.
Negotiations are pending at the
present time for sale of the Silver
King mine, owned by Vernon Jeffcott
and c. NJ. West of Phoebe, New, and
it is hoped that before winter ship
ments of ore will be made from the
property. The mine is situated about
thirty-eight miles northwest of Phoebe.
The metal market, as is evidenced
by the quotations of the Engineering
and Mining Journal. continue TO de-
note softness. Metal prices for the
past week were as follows: Wire bar
copper, $15.375, as compared with
$16.S6 for the week preceding;
catholics, s15.25; zinc, STA, versus
SIPS; lead, STOPS. versus s7.135.
Under plans arranged between the
arrangements of the Tonopah Devide
Mining company and the Brougher
Divide Mining company, the winze,
from the 5OO-foot level of the
Brougher divide, projected from
point near the station at that depth,
will be continued until level cores
ponding to the 1O00-foot level of the
Tonopah Divide mine is reached, and
connections will be made between the
workings in the two properties at THIS
depth.
The lost "Frenchman's mine has
been discovered by two Manhattan
Nevada, prospectors, says the Man.
haitian Magnet The Frenchman'
whose name is forgotten, even II II
had ever been known, lived hermit
life, prospecting somewhere IN the
vicinity of Monitor valley. Finally ne
made a strike of fabulously rich silver
ore and a carload was shipped TO
Austin. On the returns he had
glorious celebration and then disap-
peared forever.
Vice President Baker of Sanadium
CORPORATION of America, arriving from
yalapariso. said. according to the
Boston News Bureau: "Vanadlum
mines near the Cerre de Pasco prop
critics in Peruvian Andes, are produs-
ing five times the amount of vanadluih
ore that was produced year ago. we
have finished a 500 horsepower hydro
electric plant. aud surveys are uhder
way for a 10000 horsepower pant