The Pioche record. [volume] (Pioche, Nev.) 1908-1925, 1921-04-29
AROUND The HINES

inG TIE Little May south DRIFT on the
St.foot level results in the openin.
OF more extensive naturalization. ac-
eording To reports from tIsat Tinsic
property.
The Homestake's No. vel. which
was completed last week with a pro-
duction now estimated al around 400
barrels. makes the 18th commercial
producer To the credit ol the Cat
Creek field in Montana.
Excitement prevails al Falloh, New.
over a new gold strike about sixty
miles from the town. says the Free
Press. For some time there have been
rumors of such bur nothing was def
initely made known until few days
ago.
Wage reductions affecting approx
mately 2tsD employees of mines and
shelters in the Occur dAlene mining
district of northern Idaho has been
announced. They amounted 10 Jh
cents day for mine employees and
% cents for smeltermen.
local company with complete
modern drilling rig has started 10 drill
for oil near Albion, Idaho. The six
teen-inch hole, which has passed
through the loose overburden. is now
being drilled in solid formation ~
good rate of progress.
A shipment of 10000 ounces Of bull
lion was made from the Tint.c Stand
ard mill last week. This production
came from the first or limbering up
run of the refining department of the
plant. Operations at the mill SO far
have been very satisfactory.
American Smelling directors meet
for action on the common dividend on
May 3. With the attitude of the
new members of the board to be de
termined, considerable uncertainty
surrounds the outlook fer the con-
''nuance of the present 81 rate.
The c. o. d. mine is shipping con-.
centrates 10 Salt Lake valley smell
| ter, according to information from
Kingman, Ariz., in which diatrict this
| property is situated. During pc
| Rod of a little more than two weeks,
| this property has shipped two car
| loads of concentrates.
Springville Oil and Gas company is
making preparations to resume drill
ing on their property near Basin,
| Wyo., where a well has already been
sunk to depth of 400 feet An adj
ditional depth of 800 feet is to be-,
added, when it is expected that oil
sands will be encountered.
| Output of copper mines selling on
the American market Is expected to
be between 35,0OOOoO and 10000, 900
pounds a month as soon as the effect
of present actual and contemplated
shutdOwns has had time to be felt.
1t is probable that 1t will be nearer
the, former than the latter figure.
A second oil filing has been secured
by the Beaver Copper Mining com
pany according to A. ]. McMullen,
manager. This application for $3.50
acres situated on the Ferron dome
south of Castle Dale, has already been
approved by local land officials and
forwarded to Washington for final
approval.
Tonopah and Divide, New, mine OPP
orators action in reducing the wage
scale rs cents per shift resulted in a
walkout which at last reports had
closed down all Of the leading Divide
and Tonopah properties with the ex-
ception of the West End, the Halifax,
the North Star, the Rescue Euia and
few others.
4. Contract for the construction OF the
steel mill building of the Silver King
Coalition Mines company at Park City
was awarded last week. Erection of
the steel building, costing between
$4,000 and $4,000 is to begin. &C.
cording to the agreement. as soon as
the material arrives from the east
probably within forty days.
In decision rendered at Salt Lake
, the court denied minority stockhold
ers an injunction to prevent the Rice
Wellington Mining company from sell
ing the plaintiffs stock to collect ar
: assessment of 10 cents per share. A
temporary restraining order wa
, granted by the court several week;
ago, when the complaint was filed:
With the payment on May , of tn,
second quarterly dividend of the Chic
Consolidated Mining company 70
1921 the disbursements of the Tinti
|, bonanza will nearly reach the 81
000000 mark. Payment of the seen
. per share dividend declared for tn
I second quarter, total disbursement
! of S44, 20160 brings the grand tota
!. of dividends paid by the company t
$1.959, 92O.S7.
Reports from Tonopah state tina
water Is gradually filling the shaft
y Of several of the large mining con-
a panies where the miners are on strik,
n and that pumps may be removed ir
!. dications are that the deadlock will b
;. of long tlu,., ton Ii Is said that hard