The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1898-08-13

STA TO the ton, making about so 200 and
the product Of the mill was $4,000. TIE
Ishipments wers limited only By TIE nnm-
Der Of available teamA The haul 81 IS
miles from Republic up in to Bntish Co.
inmbia and then down TO Marcus 10 reach
the railroad Il Z long one and II i not
Ieasy TO find means Of getting ore from
camp to car. With better facilities for
shipping The product would Be largely in
creased.
The min win work high eraae ore fhis
month. The bullion from the min 4
running weight for weight in silver and
gold.
The Republic win probably begin pay
ing dividends about October /. Recent
shipments have practically cleared on al
the Indebtedness Of the company, paid for
all the development work done On the
mine and for the mill and fhe property
has nov entered upon the work 81 paying
dividends II Is planned 70 pay $4,000
per month and II nothing unforeseen aris-
les these payments viii be made with
great regularity, yielding 10 the stock
holders 5000 per year or 90 Per cent on
the capital stock. A little more than 4
year ago Republic stock was sold at 10
cents per share. There d practically none
upon the market at any price today.
Armstrong; Gees % Omaha.
L. K Armstrong LEFT last week for
Omaha TO take charge Of the exhibit Of
Washington ores in the mining building
at the international exposition. The ore
shipment was made Monday. II was a
full carload and when Mr.. Armstrong be-
gan TO collect all his cases and get them
in the car he found that Il would have
been difficult to have carried more com
prehensiye exhibit without taking two
cara He Is satisfied fhat he viii be able
10 make . showing Of Washington ores
that win astonish mining men who have
not investigated the wealth Of the young
est Of the mining stateA Mr.. Armstrong
will stop in Minnesota and visit relatives
at his former home He expects to resnain
in charge Of the exhibit until the expo
sition closes, being on hand every day TO
answer the questions Of the many who
will see the display.
CaFiboo District stim Rich.
A dispatch from Ashcroft, B. G., says:
caribOO. which yielded its millions 20
years ago, II still rich. There were 49,
700 in gold brought down from Cariboo by
stage 20 Ashcroft. OF this sum 81 500
was from the last Washup at the Cariboo
hydraulic mine. and i several thousand
dollars better than anticipated. 1t Is ex-
Pected that much better results viii be
obtained at the next Eaahup. The bal
ance was from scattered propositions
throughout Northern Cariboo. Great re-
suits are looked for when the Horse Fly
makes its washup, as heavier nuggets
than ever before have been discovered,
and the belief is that the yield this year
viii in every way prove satisfactory.
Mining BrIefs.
The Abe Lincoln shaft. at Rossland l.
down l35 feet and two shifts Of men are
at work.
The b. A. C. will sink the shalt 100 feet
deeper on the Josie at Rossland. The
Nickel Plate shaft viii also be sunk an
other 100 feet.
The British America Corporation has
started work on the BeresfOrd. DufEerin
and Mist Fraction claims adjoing the
Ymir mine in Ymir camp.
The Ymir Miner urges the Importance
of the mining men Of that district get
ting together at once and pUeparing for
an exhibition of ore at the Spokane fruit
fair.
The main shaft in the Center Star mine
in ROssland camp il down to the 500 foot
level and Is to be sunk deeper while work
is to be resumed in the drifts at the 500
foot level
1t Is said that Spokane men have pur>
chased = third interest in the Mollie Glib
son claim adjoining the Flossie r in
Ymir camp. The identity of the purchAs-
ers is not made public.
The shaft on the Gertrude in Rossland
camp is going down on the dip Of the
vein following two feet of rapidly i'm
proving ore. One shift is working and
making about IA inches per day.
The Deer Trail No. Mining Company,
operating the property Of that name in
Cedar canyon, has declared its first divi-
dend of half cent per share. II is ex.
pected that dividends will be Of monthly
occurrence hereafter and that the size
will be materially increased. Spokane
men are interested in the property.
The trail from Ymir to Craigtown and
the Second Relief mine has been COM
pleted.
In the United States court at Seattle,
George ID. Rogers has obtained q judy
ment by default against the United Con
centratiOn Company for $ls2,4ll.4s in a
suit for the foreclosure Of q real estate
mortgage The property involved is the
Everett smelter.