The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1895-02-06
HEAVY MINING DEALS
They Are Occupying Considerable At
tentiOn In Idaho.
THE TIGER AND POORMAN
That Sale Has Been Made-Now
There's Talk of a Transfer of
the Great Sullivan and
Bunker Hill.
Special Correspondence of the Standard.

that the great sullivan and Bunker Hill
mining properties are to be sold to an
English syndicate. Tho mines are To-
Gated at Wardner, Idaho, in the heart of
the Occur d'Alene mining country and are
probably the greatest silver-lead ore pro-
ducers ever discovered. The present own
crs are Portland and San Francisco men;
they have not met with very good success
in handling tho properties. Shortly after
they took possession the silver market
slumped; the price of lead took n big drop.
Then came trouble with the labor unions.
For the past four years not much has been
done. At present only few men are en-
ployed, and they are not engaged to dig
out ore, but to watch the property with
shot guns.
As the story goes, Sim Reed, tho Port
land capitalist who is largely interested in
these mines, has induced English capital
lists to send experts to examine the prop
erty and they have reported favorably.
The new company Is composed OF men of
almost unlimited financial backing, and
the sale would be a good thing for them
as we'll as for all the residents of tho
Occur d. Alenes.
Speaking of the sale of the Poorman
and Tiger mines ut Burke, the Spokesman
ReuieiO says:
"P. A. O'Farrell left London Saturday
morning for Spokane. He cables that the
business is DONE and is Fastening across
the water to complete the negotiation
for the transfer of the Tiger and Poor
man mines before tho expiration of the
options on Feb. IA. As previously re-
ported in the SpokeSman-RcrielC, Mr..
O'Farrell has made repeated trips to Lon
don in the prosecution of his scheme for
the consolida ton of four great mines on
Canyon Creek-the Tiger, tine Poorman,
tho Gem and the Frisco. The London
company that has long been nibbling at
these properties declined to pay the prices
demanded for the Gem and Frisco, but
according to Mr.. O'FarrelPs cablegram
and letters previously received, have de-
cided to take the Tiger and Poorman.
"There is no time to lose. l.. c. Dill
man calculates that O'Farrell will reach
Spokane on the 18th, provided he encoun-
tiers no delays. Some fear is expressed
that the owners of the mines may not be
inclined to extend options, particularly
since n rich strike has been made in tho
Tiger siuce the papers were signed.
1.-The promoters figure that they can
effect saving of $4,000 a year by CONSOLE
dating the two pr operties and working
them under one management.
Inc ueal is tue InOsl
in the Pacific Northwest for many years,
and it is considered of great Importance,
| from the fact that it is expected TO be fol-
lowed by others. The experts sent out
from London based all their calculations
on silver at 60 cents and lead at 3 cents,
and on that basis are expecting net an
nual profits of from $3.50, 900 to 100000 per
annum.
1.-THE mines are at Burke, six miles up
Canyon creek from Wallace. They have
been under continuous operation during
the hard times. They are conceded by
mining men everywhere to he among the
very best properties in the United States
They have the most modern machinery
and excellent transportation facilities"
A writer in the Asotin Sentinel recently
contributed to that journal the following,
which will be read with interest by many
Montana people:
"The exorbitant prices charged for all
the necessaries of life in Virginia City,
Montana, in the early eos, was not less
than robbery, and very nearly precipitated
the people in open rebellion. Flour, meat
and potatoes each sold for 81 per pound,
and, Notwithstanding the phcnomen anal
prices paid for all kinds of labor, the
money thus obtained was found TO be in
sufficient TO meet the expenditures. VIM
ter was coming on, and as the cold
weather would necessarily shut down and
stop many of the mining industries, some
thing had to DO done to relieve the people
of this burdensome taxation. Meetings
were called and committees appointed to
wait on the business men, explain the
matter and ask a reduction in prices on
these commodities.
"This proposition the merchants re-
fused to entertain, and informed the COM
mitteo that those who were dissatisfied
with their prices could go elsewhere and
see il they could better themselves. This
so enraged the people that they seized all
the flour in the city, reduced the price
| TO $50 per hundred weight and divided it
among the people and tho money received
from the sales returned to the rightful
| owners.
ut was here in connection with this
event that John Y. Beidler first came into
public notice. With few renegades
| Beidler formed breastworks out of flour
and ordered the committee TO desist from
further depredations. Calling TO their aid
| an army waiting to assist them. Beidler
and his associates were quickly disarmed,
placed under arres, and the work of the
| committee proceede q without further in
| tcrruptlou.
"Beidler afterwards acted as guard for
the stage company, join ed the vigilautes
and eventually became their leader. Like
all men of his class he had both friends
and enemies, but was regarded by the bet
ter element with little, If more, considera-
ton than a soad agent, as the money and
| valuables taken from the robbers was di-
vided among tho vigilantes, none ever
finding its way back TO the original own
ers, thus multiplying and compromising
| the last crime with that of the first"