The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1898-01-29
MINES OF THE NORTHWEST
CONTROL OF POORMAN MINE
Figuring on the Gold Production of
the Country During the Past Year
blue Grouse Mine In Northern
Idaho Observation-Disclosures Notes.

Inc tOntfOi OF lnt Il obi ulttii lhllt at
Rossland has passed into the hands of the
British America corporation. Ex-Gover-
nor Macintosh, who has been in the city
for several days, consummated the deal
himself, and he is authority for the state
ment that the control is now in the hands
of the big syndicates which he represents /
as managing director. The price could |
not be ascertained, but is said to be at the
rate of Ia cents per share. The capital .
stock of the Poorman company is 500,00O .
shares of par value of 81. The property /
has been developed so closely in conrec- /
ton with the Josie mine and the work /
ings of the two are so interviewer that the /
mines are really one property, and since
they are to be operated under one man
agement their development will be econ
omically accomplished.
The sale of the controlling interest in
the West lie Roi and Josie companies took
place as announced in the papers only
few days since. The price was, as stated,
about 30 cents per share The officers of
the company have not been willing to adj
nit that the deal was contaminated, but
bONtiuOI hdNNlnlOSi Bays ludl HlS COl-
poration not only holds the controlling
interest, but owns all the stock except
mere fraction.
Gold Production for 1897.
Director of the Mint Preston says that
he thinks Ex-Governor Grants estimate
of $2O,O00,000 as the gold production of
Colorado is closer than Mr.. Pucketts fig
ures of $22,000,000. 81 believe that the
total product of the country will reach
about SOL 100000" he added. Il know
that the estimate of Rothwell of the En-
gineering and Mining Journal is $57 ,000
900, but l think he has excluded the new
Alaska product on the theory that it all
comes from across the international
boundary. This, l believe, will prove an
error, for a considerable item will be rep
resented by the product of the locations
on our side of the boundary"
Mr.. Preston estimates the Utah pro-
duct of precious metals at $4,000 fine
ounces of gold and 6,5OO,0OO of silver.
Utah is the only state in the union that
does not show an increased gold product
The director has sent out his circulars
and blanks to private refneries of the
country for information He says that
no certain figures can be given until the
returns are received, but that these will
afford a close approximation to the exact
product.
Big Seven on the Increase.
principal stockholders in the Big Seven,
near Neihart, Mont, have decided to work
that well known rich property on a
somewhat larger scale and heavily in
crease its output. In consequence they
have now a force of 25 men at work all
they have accommodations for lust at
present Later on they expect TO put on
a few more, as soon as room is made for
them. The Big Seven is a high grade sill
yer mine and the ore carries no inconsid-
cradle amount of gold. For that reason
the price of silver does not cut so much
figure. 1t is one of the most desirable
properties in the camp; so desirable, in
fact, that several parties have obtained
options on it, but to date no deal has been
effected.
Sme1ter Returns.
shipment of ore from the Silver Nugget
claim, on Twelve Mile creek, near SLOGAN
City, have been received. The ore aver
aged 1888 ounces in silver to the ton. The
property has been stocked by the SLOGAN
City Mining Company, of which Hon.
Hugh Sutherland is president and F. S.
Andrews secretary. Mr. Sutherland is in
England raising funds for the further de.
velopment of the property. The carload
of ore from the Republic mine, near Slo-
can City, which was shipped to the Mel
son smelter short time ago, averaged
POS ounces in silver and $lS in gold to the
ton. This property is owned by Dave
Sutherland and Tom Montgomery, and
most of the shipment of ore was taken
out by themselves.
The Checkmate Mine.
The superintendent of the Checkmate
mine at Willow Creek, Idaho, talking
about that property, says a second ore
chute is being developed that is found
fully as good as the Chaplin chute from
which so much rich ore was taken a wear
or so ago. This new chute is found 100
feet west of the other. 1t was opened in
drifting on the tunnel level The drift
has penetrated it So feet with no indica-
ton yet of the limit having been reached
Blue Grouse Bonded.
William Williams has bonded the Blue
Grouse to parties whose names cannot all
be learned, yet some of them are local par
ties and some are from Latah or Nez
. / Darca cOunfiao Tho Rl,,a G,o,,eo 80 ~,