Show MINES AND MINING I EDITED BY BV r. r VI t. t PROFITS FROM FRO f IDAHO MINES Gross Output For FOI 1907 Was Says State J o Inspector 4 4 LOOKS LOOKS FOR BETTER PRICES r Believes Lead and Zinc Will Vi Recover Quickly Raps Quickly Raps Smelter Trust According to the report of Robert N. N Boll DoH state mine Inspector just Is- Is Buel Idaho's metal output for Cor 1907 l despIte the unfavorable Industrial conI con- con I llon of oC the latter later part of the year I I. I on only slightly under that of ot 1906 the thenet thenet net profits earned ernel making the splendid total of oC approximately on 01 a OMI KI-OMI glON output valued at Idaho M Mr Ir Bell Del says has COO COi 00 live besides f es esthe the privately owned properties 8 some of oC them having only enough life left to wriggle out an Indifferent annual assessment as as- work and their operations I b. b la range go from Crom that up to a single crew r of as many as 8 men on one mine The Coeur dAlene district still continues continues con con- I eminent pro In the matter of ot I production and shows some somo Interesting Interesting interestIng Interest Interest- I ing new developments le In Its Is old 01 and new mines mines In the south end eill of or the I state the gold and silver siver mines of ot the ilter SI er City district were wore not so seriously son seri ous affected l by the drop In values I They enjo enjoyed e a vcr very prosperous year and anil made a large output O of precious bullion at a go good goUd l profit also several Important t ore disclosures In both smelting and milling mineral were made mado Lb throughout the south central 4 part of the state that give eminent promise of or future profitable results I Hopeful View cw of f furt furtOn On their heIr face face continues the mine inspector In his report the prospects for tor 1908 seem rather ominous on 01 ac account no- no 0 count of oC the thc present depressed appearance appear appear- mince ance of or the metal markets The Tho present pros pres ent prices of or lead and zinc are low comp compared com corn p pared parl ro to 0 what hat the they wore were In the tho first halt half bai of ot 1907 but still sti a fair figure compared d to what tho they were only a afew tow few years cars ago At the commencement of oC the time year the United States was as absorbing ab ab- ab- ab more than tan Its own domestic production of oC lead leal and with wih a return to the normal prosperous business conditions of ot the country countr that situation wil will doubtless obtain again as there Is tO too much vitality Halt to the Industrial lire life or of the time nation naton to warrant the antici- antici paton of any permanent check to Its is forward progress so well el un under er wa way u- u a year or ago and so well wol warranted at tho present ont time Lid Lend WIil tr ZI Recover n The panic of ot 1907 90 mi may prove pro a useful useful useful use use- ful check on a too rapid pace but Lut It i was probably ass assisted sted In Its arrival by bythe bythe bythe the big Interests With Ith the resumption of or general generl business It Is likely that lead and zinc will 1 make a amore amore more rapid recovery than the other metals a as their sou sources arc are confined to a 1 much more restricted territory I In am n reliably Informed that the present depressed value of or these metals Is probably probably abl ably partly due lue to manipulation as aswell aswell well wel as to the lack of demand Big eastern astern users of spelter who have re recently re- re offered to bu buy In large quantities quan quon- titles at the tho present market have ha been refused more than sufficient supplies 1 to cover cr their absolute current needs neels and It will wl be not surprising If It before the tho close of oC 1905 prices of zinc and lead will wIn again be as high as the they were Tere In tho carl early months of ot 1907 The Tho ho action acton of oC tho the smelter trusts during the time months of tho the closing cos- cos cbs clos ing year in going after the tho last pound of or flesh In the te matter mater of increased treatment charges and discount salvages sal sal salv ages on ore shipments from flom Independent producers has put the latter batter up in arms with wih resentment in tho the states of ot Idaho Montana Utah anti and Nevada where hero Independent smelting companies are are springing springInG up 1 like e mushrooms ms ms This Is s a a healthy sign of oC the Um times s and should result resul In the utmost go good 01 to the i advancement of or the tho mineral Industry of I tho the West est There is plenty of Independent Independent dent dent WC wealth lh as well as Independent mines mines In the the- West est for Cor enterprises of this kind and no need to go East Enst to tho trust centers for capital to push such enterprises as 8 western operators well wel know leo leothe the enormous margin of ot I profit there Is in the smelting business and the tIme absolute results to be he obtained nOUn for fur Independent Smelters It lt I Is true that the tIme trusts have ex extensive ox- ox u antI and some of ot the time most Important sources of desirable ores tied up but there are lots of ma magnificent lose ends available that can cn furnish an enormous tonna tonnage o of oC mineral and with the tho experience ex ex- gained In smelter location difficulties dif dif- a series of oC Independent smelt smelt- or ore ers can f feel el assured of at a n very profitable profitable profit profit- able business from the tho start especially If the states mentioned get Jel together and forum form a refining and metal selling company of oC their own which should be nwe trust proof Inspector Bell Bel Includes In his annual report l reports on m many of ot tho the mines of or the state handsomely Illustrated together with the results of his hil observations observations of at tho the geological geological geo gen in a CL 0 g general nerl wn way logical formations of different districts dis dis- making altogether a valuable work orl of reference for tor those thoe who re at atall atall all nl interested In mining in that region It I should also be of ot great value to the In attracting tho the attention of ot tate state wJ ers to Its ls general resources resources |