Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1922-09-29

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share was on account of the payment
that was deferred on August l, 1921.
Last month the large concentrating
plant of the Nevada Consolidated
Copper company Of McGill, Nev., was
destroyed by fire. The loss is esti-
mated at $1,500,OO0 in excess of in
surance. Word has been received that
before the ruins had cooled off, plans
and it is confidently expected that in
from six TO nine months the first unit
of the structure will be completed and
in operation. This unit will have a
capacity of about 1000 tons a day,
one-third that of the old plant; and as
soon as n unit is completed, others
will be erected until the milling plant
Is back to its former capacity.
Wesley Everett, manager of the
Amazon Dixie Mining company at
Sildix, Montana, states that the last
round broke into the vein, showing it
to be heavily m~ineralized, according
to a report from Wallace, Idaho. He
expressed much satisfaction with the
showing, but said the vein had not
been sufficiently penetrated to de-
termine its character. Herman J.
Rossi, secretary of the company went
ohC1 EhC I'LL 1CNChl1 dAu VII pEOD-
ably remain until the vein is exposed
by at least two more rounds of holes.
This crosscut has been run from the
bottom of the shaft 500 feet below
the main working tunnel and about
1900 feet from the surface. The for
nation on this level is Revett quartz
tie while the workings above are in
st. Regis, a change that is decidedly
favorable for finding a permanent de-
post of pay ore.
Construction of a three mile trans
mission line by the Montana Power
Silver Dyke mines near Neihart, which
are now. being developed, has been
started, according to j. G. Dow, in
charge of construction operations of
the Montana Power company. The
Silver Dyke has contracted for cleo
trio current to supply 1000 horse
power at the mines. This will be pos
sible without great change in the
facilities of the power company in that
district, Dow said. One transformer
will be moved from Neihart to Silver
formers at that point. There will also
be minor changes in the switch ar
engagements of the line.
The branch line of the Silver DYKE
will be on the Two Dot line of the
power company and will branch from
it at a point near Neihart. Materials
for operation are on hand and no
delay will be experienced. 1t is esti-
mated that the work will take from
a month to six weeks before it is
finished. A force of from 10 to Is men
will be employed.
At present there is but one group of
mines in the Neihart district that are
users of electric power in operation
This is the Hartley group. operated by
the Neihart Consolidated. Franchise
for the new piece of transmission is
held and a permit has been obtained
from the forest service for its con
struction.
Nevada advices are to the effect
that best mining news in that state for
a long time is regarding the strike on
the 1900 level of the 'Tonopah Exten-
sion. Further development of this big
ore body is living up to expectations
This is one of the most important
strikes ever made in the Tonopah dis
trict and is the deepest ore ever en-
countered in a precious metal mine in
the state of Nevada outside the Com
stock lode. The ore body is said to
have an average width of 30 to 80 feet
and is more than 500 feet in length up
to the present stage of development.
One of the most interesting sugges-
tons yet made in the matter of look
ing to the future protection of the sill
yer industry is the proposal to have
congress enact legislation to extend
China a loan of 100000 900 ounces of
silver. This was talked of at a recent
meeting held in Washington by those
western senator's who are taking the
lead in providing protection for the
! white metal after the Pittman act ex-
pires. At that meeting Senator Pitt
man. among other things, made the
following statement:
Eighty per cent of the entire sill
yer production of the world is in the
| United States, Canada and Mexico.
More than 80 per cent of all silver is
controlled by Americans; yet, notwith-
! standing that for 20 years the demand
has been greater than the production
| there is no department of this govern
ment which has looked after the prod
uct of the silver industry. The world
price is arbitrarily fixed every day by
! four brokers in London, with the sup
bort of the British government. We
know this thing can be stopped and ar
rangements made so that silver cannot
be deprecated by people who do not
produce ii and by countries which only
buy it. The whole thing is that no
body has ever tried doing anything for
it,"
One of the concrete results of this
| conference. which lasted for two days
was the appointment of a committee
to consult mining experts, economists.
and students of international affairs tc
obtain the best thought on the subject
so that a definite program of action
might be determined upon. This, in
the opinion of the senator's. will have
to be done before they 60 to congress
for they must be fortified with the
best economists and students of worle
affairs afford in the way of informa-
ton. They anticipate a hard battle
and viii prepare for il.
Discovery of bonanza lead-silver ore
in the Leesburg hill, four miles west
of Salmon. Idaho, has caused a great
wave of excitement not unlike that ex-
perienced in olden days, according tc
a special from Sand Point, Idaho.
! Many claims have been located and
considerable work is under way to un-
cover the wealth that is shown in many
| places to be present. FL. \. Bielenberg
of Deer Lodge, associated with l.. X
Cummings, ST.. and l.. r. Cummings
Jr., was first to open the pay streak
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