The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1898-06-11

plated starting OF the old WaVeriy,
property which has been poorly managed
in the past, thereby getting into bad re-
pute. In an interview had by the Spokes-
man Review representative with Manager
Matkin, a late arrival from Dayton,
Wash, il was learned that at recent
meeting Of the directors sufficient money
was raised TO place the mine on paying
basis, and to add more boiler power to the
hoist and few more stamps to the mill.
It Is rumoFed that the Double Standard,
one Of the claims Of the Red Bird com
pany, is now looking remarkably well
with three-foot vein Of milling ore. K.
II. Sherman has bond on the controlling
interest Of the Red Bird properties.
The War Eagle.
The War Eagle Company at Rossland
is planning the erection Of the largest
steel gallows frame for mines in the world,
to be used in connection with the i'm.
mense new hosting plant that the COM
pany will build this summer The frame
will cost $4,000, and will have a eapaei-
ty of hoo tons daily. John b. Hastings
the manager Of the War Eagle Company,
is just completing his plans for the gal
lows frame, and it will be finished within
90 days from the time the contract is let
From the ground to the axle Of the head
Of the pulley will be an even 100 feet, and
the shaft house building will be l2O feet
high and $50 feet long.
The Thistle Mine.
The Thistle is Madison county, Mont,
mine, which during the past three years,
has netted its fortunate owners a hand
some profit. 1t is owned by MIR. Woods,
w. NJ. TuOhy Of Butte, and w. X. Ken
yOn Of Butte. Mr.. Woods states that
since the first Of January very little ore
has been taken out, work being eoneen-
trated on the deyelp Pment OF the property,
but beginning with the first Of the month,
the output has been ten tons weekly II
first class shipping ore.
Boundary Greek.
Not all the mines that will be operated
under the direction Of the British America
Corporation will be owned or controlled
directly by that big syndicate. For bus
mess reasons it is sometimes better 10 OPP
crate properties through auxiliary com
Panies. Under this system the co, pora.
ton has acquired the controlling interest
in the properties of the Boundary Creek
Mining and Milling Company. The aux.
iliary organization, which is nOminally in
control, is the London and Canada Syndi-
cate, Of which Hector MeRae is the lead
ing spirit. The syndicate will control
10000 shares Of the eompanys stock,
which Is $4,000 more than half. Under
the terms Of the deal the syndicate is to
name the managing director and the ma
iOrity Of the directors OF the Boundary
Creek Mining and Milling Company.
The terms Of the sale, or option, as it
might more properly be called, will place
ultimately in the treasury Of the com.
Pany $35,OOO for development purposes
1t IS stated that the syndicate will start
work on the properties within few day.
Development will be confined to the g.
A. r. and ID. A. claims for the present.
II is said deals are pending whereby
other kootenay mines will pass into the
control Of the British American Corpor.
alton in much the same manner. When
Governor Macintosh returns from New
York it is understood that the organiza.
ton OF auxiliary companies to operate
in Eureka camp, on the reservation, will
be effected.