Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1898-09-17
MINES AND MINING NEWS
SEVERAL LARGE SALES MADE.
work On Nine Mile in IdHhO-AIti-
tude of Buffalo Hump-Sales Re-
ported of the Iron Mask, the Iron
Horse and the Copper Wonder
Mining Notes.


ploved on the Northern Pacitics Nine
Mile branch. near Wallace, Idaho, and
the gap between the old grade and town
will be completed this week. That Is
practically all the work there is to do
for four miles. the old grade requiring
but little repairing to put 1t in shape
to lay ties and rails No announcement
has been made as to how far the rails
will be laid this year, although there
are various rumors aaoat regarding 1t.
Among the men employed on the work
the idea is prevalent that there Is an
understanding with w. A. Clark that he
will work the Sunset and that the road
will be built to it as soon as possible
1t is out of the question for 1t to go
SO far as that this year, as 1t Will require
several miles of heavy grading. The
Sunset claim is on the very summit OF
Sunset peak, and has the greatest sur
face showing of any claim in the Occur
dAlenes without question. Mr.. Clark
has owned it for years, declining to eth
er sell or lease the property, although
there are plenty of men who would Jump
at a chance to get to work 1t on any
reasonable terms. Another report Is
that the track for the present will run
only to the Black Cloud mill, and an
other that it will be put through as far
as the Granite mine, a mile and a halt
beyond the end of the old grade, Lo-
cal officials profess to know nothing Of
the plans of the company, and 1t Is
probable that they are honest in their
statements.
The Iron Mask Sold.
The Iron Mask i'll Rossand camp is
soon to pass into the hands OF the
Blackstock- Gooderham syndicate, which
lately acquired the Centre Star, and
which has owned the War Eagle since it .
passed from the hands of the original |
Spokane company. That a deal has been
pending for some time is well known.
That it is nearing the point OF cuImlna-
ton is asserted by those who are IN
position to know the facts.
1t is said that the price is to be at the
rate OF 100000, or 81 per share, for the
property Some who are in close touch
with the parties interested insist that
the price is even higher than this and
give as a reason therefor that the deal
has been hanging fire for some time
simply because the owners of the con-
troll of the property would not sell at 81
per share, and that there is no reason to
believe that they have weakened. How
ever, it comes from an authentic source
that the price is 81 per share.
H0uEht the Iron Horse.
The Iron Horse in Rossland camp has
been purchased by George +. Pfunder
for the Mackay syndicate, which owns
the Virginia, Colonna and Monte Crls-
to properties. The Iron Horse was
owned by the Iron Horse Mining and
Milling Company of Rossland. Harry |
Humphrey of Spokane was one OF the
largest stockholders and he recently ac-
auired the control of the property and !.
made the deal for the sale of the control
TO Mr. Plumber j. d. Farrell was
large stakeholder
Mr.. Pfunder, who was in the city last
week. said that he had closed the deal
for the purchase of $4,000 shares of the
stock of the company, the capitalization
being ST. 100000. He declined to name the
price paid for the stock, but it Is claim
ed that the figure was s cents per share.
Altitude of buffalo Hump
The report that the new quartz camp
on old Buffalo Hump has an altitude OF
$4,000 feet is ridiculous, says the Idaho
Free Press. The figures given by the
United States geological surveyors who
were through the country last summer
place the altitude of the hump itself at
$50 feet above sea level. This is the ell
ovation plated on the map of the Bitter
Root forest reserve furnished by the in
terror department for the use of Mr..
Glindining, superintendent of the re-
serve. The entire country was trlangu-
lated and plated with great accuracy,
and the elevations of all prominent peaks
and stations are given, making 1T the
most serviceable map of this section we
have ever seen.
Bought the Copper wonder
The British America Corporation last
week purchased the Copper Wonder and
two other small fractions lying to the
east OF the Great Western for $4,000,
Ahete are 10 acres III inc 1hle0 nay
tions. The vendors were Kennedy
Brothers & Purgod, who owned third,
Chester, of Spokane, a third and Arthur
Gowing and j. S. Rogers, one-siXth
each.
Cash for Centre Star.
The sum of 100000 for the pur-
chase of the Centre Star mine in Ross
land B. c., was deposited with Cashier
L. NJ Hodpens of the State Savings bank