Wood River times. [volume] (Hailey, Idaho) 1882-1915, 1882-08-23
MINE VALUES.
THEIR RAPID ENHANCEMENT ON
WOOD RIVER.

Thousand Dollars, SoMe Manths Ago,
are Now Worth Hundred Of Thousands
or Dollars, and on Actual Develop.
III ,Mts.
That there has never been a mining
country dis GOV cred from which scores
Of croakers have gone out and ven
tilated their own ignorance and inca
paoity By bel.t;ling its advantages
and its prospects, all successful min
ing men are fully aware, and if it
were not that there i; always another
class of men who go to The front with
se.f-rcliance. exp Renee and energy,
our mining sections would be much
longer in attaining jus. rccognt on
of their merits. and thc necessary
capital to develop the wealth Of the
m mes. We cannot cnt,r single
mining district in the Wood RIVER
sect II, but we see every substantial
evidence of prosperity, with success
assured for coming years. The min
eral belts of Alturas County are for
the first time in the history of Ida
hos mining, beirg skiilfully and car
nest.y explo ed, an l in proportion t,
TIE capital invested up to the presen,
time, have given larger returns than
any mining dist'.ct OF such large area
on the Pacific Coast. The locations
made the first year were proven up
last year, and have now mos.lv an
established value.
1t IS scarcely necessary 10 etc, as
evidences Of this fact, all the districts
iron Sawtooth City to Camas Prairie,
as each section gives ample promise
Of becom -ng an important mining CEN
;e:. But tie Bullion mines NAV well
be given as examples Of the rapil al-
vance il, mine valuations On Wood
River, and as showing that though no
great excitement exists, capital il
steadily beng invested in mining en-
terrrises in tlis new E.dorado.
The Euliion mine was purchased
frcm the locators WHO received 81 800
for the location. The property was
incorporated by Salt Lake parties, has
developed into great bouanza, and
at pres Mt is rated high. 1t is owned
by the Wood River Mining Company,
whose stock Of 100000 shares sells
readil, for s'l...5 per share. The May
flower, purchased Of Il locatols b,
Colenel, Wall and shaughnessy fol
| S25,UC0, sold for so.5,CCO, and cou.c
not now be purchased under $1,000,
900. Tie Jay Gould, purchased from
he locators for $50 600, IS at presen
a rorerty fer which 100000 La:
be;n refused. Ter the o X, pur
| chased from the locators at $4,000
| $4,000 las ,ecn REUSED. Tie Rec
Elephant is still owned by the loca ors
who are s|ipTing large los OF high
GRADE ore, and value The rhine at owe
$4,000. The Edahcan, vet owned ane
worked b, the original locat. r., i
paying divid, nos; for tbs rropcrt,
s35O,O0O was refused, le o
months ago, while at one time it cou',
have been purchased FIR 10000. TT,
Colorado Fraction, saIpos ed to be t.
east extension Of the Idahoan, an lc
Gated tbs summer, now las 80 tons Q
high grade ere on tie dump, and tn
loeators, possessing ample means, ar
developing it 1t a large prot, an,
s.nil ping 10 our 10 al smelte.s al thei
second grace ores. ! he Eureka, sol
by the locato.s to Colonies Wall an
Shaughnessy for s2,sCC, is row rate
at 100000, as the developments hav
proven the nine to be Ct greet value
lhc Chicago and Parnell, on tic sam
lode, which were tiansf, RED by til
prospectors to the present owner, ar
not for sale; bid OF $4,000 mad
the owners was not considered worth
of consideration.
All the above properties arc h,in
developed at large profits, and pre-
pared for very heavy shipments upo
the completion of tn, Railroad t
HALEY.
The Narrow Gauges and other va
liable properties in this section 81
all proving u rich as developed, an
wi doubles; attain tho same st4nt
of ,..l,,o ~, %bn-z 4 II