The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1898-03-19

hill across the neck is high. being 80
steep that only 80 feet was run before the
cut became tunnel, and il viii continue
to be tunneling until the work is almost
completed. The water viii be introduced
gradually, fiume being put in, and all
the available gravel of the neck washed
through it. When that is no longer prac-
ticable the whole river will be turned
through the tunnel-or cut it will then be
and the present bed of the river will
be mined. The gravel so far taken from
the cut and tunnel has run from 60 to 20
cents per cubic yard. an amount that has
gone far towards paying the expenses of
the undertaking.
Purchase Price of the Josie.
The dividend which holders of Josie
stock have been anticipating from the
money paid over on account of the pur-
chase of the property by the British
America Corporation will not be paid this
month. Possibly there may be a division
OF the fund next July, but as there was
a general understanding that payment
to the stockholders was to be made in
March, the people who hold Josie shares
may deem it wise not to build up hope
again until they have the cash in hand
1t was understood, though never definite
ly stated by the directors, that the pur-
chase price of the Josie mine was $500 900.
Governor Macintosh has been quoted as
saying thathis corporation had contracted
to pay that price. There was a prevailing
impression, which was never contIadicted
until now, that the price was about "A
cents per share" AS the company is
stocked for 100000 shares, this figured up
S3Os,OOO A circular has been issued to
the stockholders this week over the sigma
ture of f. +. Snodgrass, secretay convey
ing the information that the mine sold
for S26l 900. This is the first informa-
tion of an official nature that has been
given to the stockholders since the deal
was consummated.
Ore Shipments.
The ore shipments from Nelson. b. c..
for the week ending March show a
marked increase over the previous week,
both in amount and number of shippers.
The figures are as follows: Hall mines.
matte, 60 tons; Trail smelter, matte, l03
tons; lie Roi mine, ore, 1860 tons; Payne
mine, 100 tons; Queen Bess, l0l tons;
Kootenay Ore company, 81 tons; Vancou-
yer Mining company, 40 tons; Comstock,
So tons; Idaho, 60 tons; Black Diamond,
20 tons; Poorman, Rossland, l40 tons;
Iron Mask, so tons; Fern, Al tons; Monte.
zuman, 81 tons; Whitewater, l3l tons.
Total for the week, 2696 tons; value,
1924, $50; making the total so far for 1898,
20,sl6 tons, valued at 50 ,3O4 All, an aver
age daily shipment of 1851 tons, valued
at $36,OO7l4
The Republic Camp.
Unless all signs fail, not many years
will elapse before Republic will rank with
Butte and the best camps in the Occur
d'Alenes, is the way ii looks to recent
visitor. So far no serious disorder has
marred her history. Although lacking
thorough organization under the law, the
/ rights of all are respected, and peace and
order prevail. The first locations here of
mineral claims only date back about two
years, since which time the development
has been steady and sure, and has re-
suited i'll opening one of the most phenom-
! tiltl illiilttS ou Tile iNtpuDllc- w ME
tho development of the Republic assures
to its owners great wealth, owners OF
other claims have not been idle, and there
are good two score of properties within
a short distance which bid fair to equal
the Republic when developed 10 the OK
tent of that property. The first location
i'll the camp was made on February 81
1896, by Phil Cicaser and Tom Ryan. a
few days later these men located the Re.
public, Lone Pine and others. On Febru.
AIRY %. 1896, John Welty located the
Black Tail. On March J, 1896, Joe Shus
ter located the Lost Lode. on the surface
of which is the north part Of the town Of
Republic. Other locations followed, until
hundreds OF claims are staked out in the
territory Immediately surrounding tn,
town.
Pbc KeIIoRR Tunnel.
The Kellogg tunnel being run by tho
Bunker Hill and Sullivan Mining and Con
centlating company from near their mil
/ 10 the mine, is in over 1900 feet WheI
completed it will be about two miles long
1t was thought probable that new orr
bodies would be found while the tunne
was being bored, but thus far there ha
been no sign of ore, although it is getting
well under the hin lying between Ward
ner and the south fork.