The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1895-07-21

parties from Seattle have been equally
successful but are keeping their good
luck 20 themselves until they return later
in the season. when they propose making
this the base of their operations
The mines on the Yukon are in the
midst OF their active season, which viii
last till the LIST OF October. when the re-
suit of their labors can be more definitely
ascertained. TIE promise OF larger
Weld than for any year since the discoy-
cry OF gold Is assured and many new ana
lucky strikes viii be made. There has
been no fear regarding gold ana extern
sive placers. but there is fear about pro-
visions holding out.
Trail creek is forging ahead as one OF
the leading districts % the Northwest
having rapidly sprung from a prospective
TO large producing camp. where ore
shipments have assumed regularity that
IS only surpassed by the size or the divi-
dends. As a result business Is lively IN
all branches and money is circulating
more freely than many have seen IN years
Mines CT merit and good prospects COM
mand ready sale, and outside capital IS
seeking investment in large amounts
The whole country tributary is feeling the
benefit OF these rich and productive mines
a diamond drill is determining the ex-
tent OF the ore bodies in the Little Cnief,
at the head of Sultan basin. While but
little information is impaired 10 the puo-
lie, il is an open secret that there IS over
a million in sight
The Anaconda company. instead or sell
ing out TO an English company, as was
currently reported. has reineorporated for
100000 The old company was capitai-
lied for So. 100000. The production last
year was loo, 600 600 pounds of refined cop
per, valued at about SO. ooo. 600. and this IS
the reason the present owners. who are
few in number, refused 70 sell TO the Eng
lishmen
The high price OF copper has stimulateQ
mining to a wonderful degree in the old
copper region OF Lake Superior, and has
caused the Tamarack Company 10 start
an eight-compartmen shaft. which will
extend vertically one mile into the earth
before il will reach the ore bodies. IL is
estimated that 1t will require four years
work, day and night shifts, with power
drills and dynamite. The output or the
mine pays for this work, and dividends
are also declared at the same time.
One of the most liberal mine owners in
the Northwest has been discovered in
Cour d Alene. Last spring this big
hearted man conceived the idea of work
ing his placer ground on the broad basis
OF $3.50 per day to the man. provided the
man dug it out Of the ground. and ali over
that amount was 10 be divided between
IiiiicI anu pMEtf. Tn TINS itbtl 81 cdoAS
thirty miners went TO work, and are still
working to their own and the mine own
ers' satisfaction
Spokane appears TO be feeling the stimu-
lating effects of the opening of the rich
mines in the various districts by which
that city is surrounded, and the indica-
tons now are that il will soon become
more prosperous than ever, and that its
prosperity will have a permanent basis. 1t
the natural SI1pDlN noint for A large
mining section. embracing portions of
Washington, Idaho, Montana and British
Columbia, and its merchants and business
men, who are alive to the situation. are
working up a large and lucrative trade.
The iron ore operators, the Merritts, of
Duluth, have interested several promi-
nent capitalists of the United States. who
have formed a company to be known as
the American Exploration Company. with
Leondas Merritt president and c. S.
Christopher as secretary. 1t is under
stood that among others John p Jones
d. o. Mills and John w Mackay are in
terested In the company and that suffi-
Client funds are al the command of
those concerned to enter into one of the
most gigantic mining enterprises. This
company are said TO have recently taken
hold Of the copper mines in Seven Devils
district. Idaho, and have had their
agents and experts engaged in xamining
mines in Washington. They viii put
money into big and promising properties
in any section OF the country where il is
possible TO get transportation.
WHO were the ancient copper miners OF
Montana" is the question agitating the
modern miners of that state. The ques-
ton has It's origin in the recent discovery
by w. d. Clark and T. ]. Howard two
prospectors of Butte, who were prospect
ing in Fleecer mountains, sixty miles
southeast of that city, and broke into an
old tunnel that had every appearance of
mine worked by prehistoric race. The
tunnel had stone sides and covering. sup
ported by stone pillars placed about five
feet apart, and the passage led to an open
and fairly well developed mine in which
were two stone implements, resembling
shovels. that had been we'll worn The
mine is on a copper ledge. and the pros
pectors made their locations on II.