| Show general cener al news of the northwest SPECIAL correspondence spokane lV wash asil august 10 lo ravenal macbeth lias has been engaged by the idaho mining association to compile facts and figures on oil tile the money invested in mines of tile the state he is now assembling data in southern counties and will come north later it has been ascertained by the mining association that twenty seven counties of idaho have more or less mining and in a number of these large expenditures are being made this year on prospects and in the further exploration of old properties my aly opinion is that the expenditures will exceed by several millions the estimates that have leave been made on the total said mr macbeth Mac belh the largest expenditures except shoshone are being made in idaho county many people have the idea that mining is confined wholly to the coeur dalene district but our figures will show that tile the industry is of importance in every section of idaho from the canadian border to the nevada utah line shoshone county is the wealth producing section but tile the other counties have mining resources resource developed and undeveloped that are worthy of notice granby smelter to be enlarged the capacity of tile the smelter of the granby consolidated mining smelting smelling Sm elting power company at anyon B C now 2500 tons a day is to be increased to or tons daily according to jay P graves former head of the corporation who liar has just returned from the property A furnace two large converters and appurtenant apparatus are included in the equipment about has been spent by tile the granby company since it extended activities to tho the coast six years ago this includes the seand development of the mines at hidden creek a mile from the anyon smelter the construction of a connecting railroad the creation of a town and the investment in a steamship steam shil line which transports our ore and supplies mr graves said tile the investment also includes the purchase and development of the midas mine from which tons daily has been shipped for a year and tile the mamie and the it mines on prince of wales island from which tons daily is being shipped mostly from the it the site of anyon was a wilderness six years ago it is occupied now by 2500 persons of whom half are employed emp loyes of tile company power for northport North port mines the northport North port power light company a newly formed organization will spend in the building of lines and installation of equipment to supply electric energy to the northport North port smelting smelling Sm elting refining company and mining companies of the district north of spokane the company is capitalized for its trustees are lorne lome A campbell of rossland B C 0 C moore of spokane and H R williams of colville the company will buy power of the west kootenai power light company at the boundary and distribute it at tile the smelter and wherever business in that field is obtainable the electric power will succeed steam in the operation and illumination of tile the smelter according to a report from northport Nort North liport port it will be supplied in a volume that will make possible an expansion of operations by the smelting smelling sm elting company S IV eccles of new york vice president of the american smelting smelling Sm elting refining company was in spokane this week with mrs eccles they were guests of preston locke northwest representative and mrs locke at their home although unwilling to forecast prices mr eccles expressed a belief that tile the prices of lead and copper might undergo some reduction as the government is buying for the allies as well as itself caledonia dividend the caledonia mining alining company of tile the coeur calenes dA lenes has declared the regular monthly dividend of 3 cents a share payable august 5 the disbursement is the earnings of the company in june were this is probably the record illon conui til in the history of tile the company the earnings being being more than in excess of tile the dividend requirement the august 0 dividend raises the total disbursements tilis this year to and the grand total to the highland valley mining development company has received nei ne from the shipment of ore from its property in the ashcroft B C district it received from tile the sale of crude ore and 41 addition it has from concentrates in ore worth in transit and at tile the which raises the va value ue ladysmith Lady smith sinith smelter of the product to ground was bro ken a little more than a year ago the first shipment of crude ore was made in august 1916 and the first car shipment 0 oc concentrates was made lade in january of this year |
