Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1897-12-18
MINING HERE and THERE
NEW MINING CORPORATION.
Gigantic Concern Organized in Lon
don with Capital of $7,5OO,Ooo
Inns Already Secured Mining
Properties on the West Coast of
America. e.

and gigantic British American corpora
ton is issued The capital is 1900. 900
pounds sterling, of which 100000 one
pound shares are now offered at par, the
issue being limited to shareholders of the
London and Globe Finance Company The
directors are the marquis of Dufferin and
Ava Lord Loeb, Hon. Charles Macintosh
lieutenant governor of Northwest Terri
tory, Edward A. Hoare, one of the direc-
tors of the bank of British North America.
and Whitaker Wright, well known fin
ancier. The corporation has secured the
famous LIE Roi and Josie mines as we'll
as eight other well known Rossland mines
and Nelson properties. 1t also secures as
a going concern the Alaska Commercial
Company, with the townsite at Dawson
City, and claims on Bonanza, FL Dorado,
Bear and other Klondike creeks''
1t is evident that the cable refers to the
West LIE Roi-Josie company, owning the
Annie claim near the lie Roi instead of
to the lie Roi and Josie mines.
The Spokane Route.
There is great interest taken in Spo-
kane over the overland route to the Klon-
dixie, the committee having received 500
each from two leading business houses in
the city, with pledge to contribute 800
additional for each 81 900 received by the
soliciting committee.
H. II. Baldwin, ex-sheriff of Flathead
county, Montana, was in Spokane the
other day arranging to start in February
over the Spokane route with pack train
of 35 horses. His horses are injured TO
the winters in British Columbia, having
been employed in packing on the west side
of Kootenay lake during the last two win
of Goat river, and Mr.. Baldwin will drive
them down by way of Bonner's Ferry
soon. He expects to load them at Spo-
kane, and has already arranged to take
through the supplies of two Montana men
and three from Illinois. These, with him
self and assistant, make a party of sew
en-, and he expects to contract with three
more. He will 90 to Ashcroft by way
of Okanogan lake. 81 have made care
full study of the route" said Mr. Baldwin.
II am satisfied that it is practical and
that pack train will pay. ! intend 20
Hdkc LlIt lIlJ w l1'tAN 1SSiAhe
and then work the train between Tcle-
graph Creek and the lake while the rush
lasts. after which | will build scows and
float the stock down to Dawson City,
where | expect to find profitable employ
ment.'
lie Roi Deal Did Not Go Through.
The issue of the British Columbia Re
-, I Nnual11 hn1.
20, before the departure of the visiting lie
Roi directors, contains this editorial par
agraph: at is doubtful, most doubtful,
whether in the present temper OF mark
cts, the LIE Roi deal will go through, but
the directors now in London might con-
slider whether, with the assistance of the
powerful group in whose hands they no"
are, they would not be well-advlsed IN
marketing the shares of the stock eX-
change. Those connected with the sad
group certainly have the experience neces-
sary to carry through an operation OF the
description suggested"
Paying the BuclkhOrn Bond.
j. P. irwin has made the second pay
ment of 50 800 On his bond on the Buck
horn property, located a short distance
northeast of Bonner's Ferry Idaho The
amount of the bond is $35 900, and the
owners of the property are Jasper King,
|. j. BRYANT, Charles Ewing and David
Longley, all of Bonner's Ferry. Mr. IT.
vim has a force of men employed on the
claim driving 350-foot tunnel to cross
cut the ledge. Payments on the bond ex-
tend until June /, 1898.
Idaho's Gold Output.
The latest statistics of the Boise assay
office is the published report of Assayer
Church for 1896 which gives the gold out
put for Idaho for that year at S2,323,'oo'
The work done in the office for this year
indicates that 1897 will mark large adj
vance in the gold output for the state
over many previous years. Inc stream Oh
the yellow metal comes tricllin9 III thou
sands of small rivulcts from the great
mining camps and from the smaller placer
diggings. and the aggregate tins year so
the present assayer thinks, will reach the
S4,000,000 mark.
Conner River strike.
Jim Wardner. the well known mining
man. has received a letter from George
G. Rennacks. leader of the Copper river
expedition which sailed from Seattle Ill
the steam schooner Augusta the latter
part of October Rennacks wrote on NO
vember IA from Shaken, Alaska, anu
among other things he says that MeDon,
aid, one of his partners, has Just returned
from the interior of the Copper river dis
triet with a stake of $4,000, and that
they have discovered one OF the richeSt
quartz lodges in the world The ledge age
/ is said to be SO feet wide and TO assay S2o
per ton. 1t is within easy reach OF nav