Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1897-10-09
NEWS OF MINES.
ON BONANZA AND Ell DORADO.
Another Rich Chimney of Good Ore
In Montana PrOperty-Le Roi
Dividend-Option on the Josie
New District in Idaho.

ed by his father and partner, Mr.. War
den, on Ell Dorado creek, will pan out
half million in gold nuggets this com
ing winter. The letter predicts that
claims on Bear creek will turn out as
rich as those on Bonanza and FL Dorado
creeks. Stanley also writes that the Ca
madam government is exacting roy
atty Of 20 cents per cord on wood to be
used in thawing out the gravel this win
ter. A similar charge is also made for
logs used in building cabins for the min
ers. During the summer forest fires have
destroyed large amount of cordwood
Owing to the scarcity of water but little
sluicing has been done
Gleason and Bell Boy Property.
News has been received of the discoy
cry of another rich chimney of good ore
on the Gleason and Bell Boy property,
four miles from Marysville, near the
Penobscot and Empire mines. The vein
has extended for some time well along
the two adjoining patented claims, and
was some time ago worked from a shaft
on the Bell Boy, many thousands of dol
lars being taken from it then. The pay
ore was in chimneys, however, and the
good thing did not last. Recently shaft
was begun from the other end of the
claim, on the Gleason fraction, and at 30
feet down chimney was found what
promises to be exceedingly valuable. Ore
has been taken out of the shaft for mill
ing that runs $25 to the ton, and the
shipping ore runs from $500 upward. The
gold is coarse and free. The property is
situated south of the Empire, and is be-
ing worked to good advantage still.
Another lie ROi Dividend.
The LIE Roi company has just declared
a dividend of $4,000. This is the goth
dividend paid by the LIE Roi company,
and swells the total paid to stockholders
to 1925, 900. Inc first dividend was de-
clared just two years ago yesterday, and
was for $4,000. No other payment was
made until February t, 1896, when the
amount was $4,000. Since that time the
dividends have been declared almost ev-
cry month, and sometimes twice month.
Work on the company's smelter at North
port is progressing steadily and rapidly.
Several carloads of machinery are al
ready on the ground, and the roasters
will be ready to receive ore by November
Is. The company will begin to ship ore
to the smelter soon, probably by the last
of October The new buildings begin to
make an imposing appearance from the
railway station, being in plain sight Of
of much comment.
Option on the Josie.
Bv vote that was practically unanl-
nous the Josie Mining Company has de
cided to give to Thomas Ricards an OPP
ton of 60 days on the property. MI
Ricards was represented at the meeting
bv S. l.. Lowe, who submitted a propo-
sition to the meeting in writing offering
to incorporate a company under the laws
of England with capital of f25O,OOO
This company, he agrees, shall pay to the
Josie Mining Company 10000 IN cash
and place in the treasury t4O,0OO III cash
as the proceeds of the sale of stock at
par to that amount. The Josie company
is also to receive 100000 in fully PAID
stock. The offer further stated that the
details of the transfer would be arranged
bv Mr.. Ricards with such representatives
of the Josie Company as should be au-
thorized to act
Cold From Thunder Mountain.
q w Richie of Walla Walla has ar
rived at Boise from visit TO a new 8olu
district on the Middle Salmon that APP
noars 10 be a wonder 1t was reported
about a month ago by the discoveries,
who brought in a quantity OF gold they
had taken out. Mr. Richie and his part
nor are the only men who have been on
the Ground. The discovery Is on 1hun-
dor mountain, on Mule creek, tributary
of Bio creek. Thunder mountain Is prac-
+;oollv a mountain of ore. The gold now
ho;ro taken out is secured by washing
4ho ourface, The Caswell brothers, the
d;ocoverers took out $3.50 in eight days
The dirt runs 25 cents to the pam Whlle
,nucb ;s declared to be not less than Slo
ton The ore is a conglomerate with
nornbyry constituting the base
Inst Chance Sold.
rho Iost Chance mine and group, own
cd nv f. H. Thomlinson, +. A. "oou anu
~. uondrix. has been sold, Is the news
fron, Sondon. B. C. The figure was SID
600. practically cash. Scot Mcdonald nil
maj manager of the Payne, and Mr.. B,g-
gerstafr, acting presumably for the me- Nc,
Sc were the purchasers, Inc mine
'-,as icy examined this week by Mr. MELON
was eN 4ho deal was closed on the day
asu an~ domination. The actual transfer
has already taken place and Mr., M HaL''no
aid aid Is now in charge. The Last cnanGe
IS located on Noble Five mountain .t n aG !.
Joining the Noble Five on the west str,1 It lo IS
coi 4ians and has been worked by Mr.
Tbomlinson several years