The Anaconda standard., 1896-01-13
In THE PAYING MINES
A Good Thing in the Hibernia by
Kornberg and EllingwOod.
THE WILD WEST SIDE FAKE
FIrch Is Doing Well With the Her
cules In Deer Lodge County
The Rich kootenay Coun-
try-ln Basin.
THE WILD WEST SIDE FAKE

wood, on a royalty of one-fourth. The
mine contains a great quantity Of low
grade ore, which, owing to the low
price Of silver and the big royalty they
were paying, the leasers could not af-
ford to take IL out and the ore would
have been a total loss. On Saturday,
however, the leasers secured a modif
cation of the lease, which was approved
by the court, by which they will pay
only a sixth royalty and the lease will
cover the entire claim of 1900 feet. The
original lease was on but 800 feet of the
property. Under the new terms the
leasers will be able to take out all the
ore and the tonnage will be at least
doubled and will be a good thing for
both the estate and the leasers. A lot
of first ore has been taken out of
the Hibernia by Kornberg & Elling-
wood, and they have a fairly good
thing in the lease.
The wild, Munchausen tale about a
rich strike in the residence part of
Butte, west of Missoula gulch, is moth
ing but a simple fake.
w. McC. White and c. S. Warren of
Butte, have commenced work on the
Ruth mine on the upper Cataract
creek. The Ruth is an east extension
greatest producer in the Cataract dis
trict.
The Montana Ore Purchasing COM
pany has declared another dividend of
81 per share which will be paid next
Wednesday. 1t will be the fifth divid-
end paid by that young concern.
Winters, Parsons & Boomer Of this
city have commenced suit against the
Bohanan Bar Placer company of Idaho
for $1,000 claimed to be due for the
construction of bitches. The COM
pany, 1t is said, has spent more tina n
$780, 200 in the past two years, and that
it's present indebtedness is only $4,000,
which they will probably be able to pay
soon.
The Hercules Copper properties in
Deer Lodge county, owned by John f.
Firch of Butte, are developing very
satisfactorily. A shipment of ore treat
ed at one of the Butte smelters aver
aged $40 per ton of copper and silver. A
$50 foot tunnel will soon be run to
cross-cut the leads at a depth of 300
feet. Experts have said that Mr.. Firch
and his partners have one of the best
copper mines in the state.
1t is rumored, says the Mining World,
that the East Helena smelter will erect
copper SldCh. I1cTcIOltTe lHdI COD-
Germ handled but a small quantity of
copper ore.
Manager Simpson of the Eva May
mine, is still carrying on a controversy
through the columns of the Basin
Times in defense of his shipment of
ores to the Helena smelter.
A well-known miner who has just re-
turned from trip to the Kootenay
gold mining country in British Colum-
bia, speaks very enthusiastically of
what he saw there. He believes 1t to
be the richest gold district in the world.
II never saw anything like the ore they
are picking out of the holes up there. l
have a bit here that l picked out of a
shipment of 10 tons and which assayed
over 5000 to the ton. This sample, of
course, which is rich enough to show
free gold, would run up into the thou
sands, but ii was selected. But in spite
of the fact that the Canadians own the
country, they are not getting much
good out of 1T, for the American miners
have been doing a good deal of annex
ing as individuals, and they are thick
er in the mining country than the Can
adams. Coming down out of the hills
I met thousands of prospectors going
into the rich Boundary Creek country,
and they were all Americans and most
ments along the boundary at the creek
have been wonderful, and some of the
DAILY properties and camps like the
Last Chance are showing immensely.
About all the mail that comes into our
part of the country now Is from the
Cripple Creek country in Colorado, and
the prospectors and spectators down
there are likely to start an exodus for
the Kootenay presently"
Col. James Brown of the Cataract
mining district says there is nothing
new in relation to the change in the
management of the big Hope mine and
the properties belonging to that COM
pany. other than that the option will
| run for six months. The parties who
have the properties under bond will
| be represented by Z. w. Bach of Hell
| ena, and a majority Of the stockholders
will be represented by Superintendent
| Fletcher. For a time ii was concluded
that Mr.. Fletcher would sever his rela-
tionship with the corporation, but ow-
| ing to the magnitude of the deal, II was
| considered advisable that the owners
themselves should have representation
until the money should change hands
| and the property revert by purchase &c
| the New York parties. Thus far thers
/ has been no outward appearance of the
| new company having taken possession
| but that the deal has been consumma-
| ted there is no questionable doubt. The
| improvements in contemplation will be
| sufficient. when completed, to develop
| the property on a gigantic scale.
| pump will be put on either the 200 ol
| the 800, to replace the four sinkers thai
/ are now used. The first work that tn,
| company will undertake will be TO sinh
another lift, after redeeming the 500
| and open up levels on the 400.
NO MISREPRESEN