The Weiser signal. [volume] (Weiser, Idaho) 1890-1904, 1898-03-03

have a value OF IS, TO 0OO and MS there are on,
hundred thousand shares In the Seven Devil Cop
per Co., aud those are the shares "Prospectiy,
Member will get when he becomes U. s.
y. member, MS birthday present his one shar,
In that particular ore body would have a value o
t57. 20; but this estimate is only taking the or,
down IS feet. and the Michigan mines are dowr
three hundred times that depth, and assuming
the Peacock vein to continue to like depth as
1t undoubtedly will, and can figure that a
share OF the Seven Devil Copper Co. might be-
| come q modest competency. Look at this COM
parison OF Michigan and Seven Devil ores. The
Quincy Copper Co. (hchigan) paid last year
one million In dividends; Its averaged not
far from nifty pounds In copper per ton OF rock.
The Atlantic Copper Co. (Michgan) earned seven
per cent dividends last year; its ore averaged
IS is-i0Oths pounds OF copper per ton OF rock.
The lowest grade OF Seven Devil ore carries IN
copper, 200 pounds per ton
The average grade carries 400 pounds per ton.
The average Of all shipped 600 tons) $40
pounds per ton.
The Calumet h Hecla (Afichigan) has paid
forty millions dollars In dividends. The Seven
Devil ore carries In addition to Its surprisingly
high percentage OF copper sufficient gold and
silver to pay all cost OF mining and smelling
WHAT DIVIDENDS WILL 1T PAY?
Authorities verifying ali the above stateme nts
ut Company's office, 9 West Ninth street
GLE. BARGER
What paralyzed us was, (knowing
the richness OF Seven DeviIs) how
Barger could afford to give so many
millions of dollars, in Seven Devils
stock; rs a "birthday present" TO
people for becoming retrospective
members" OF the United Savings &
Investment Fund, but the above is
after all only a fair statement OF the
famous Seven Devils copper district
and the country is so extensive that
the mention OF one or two properties
does not cover the ground by any
means And IL the accomplished
Mr. Barger, agent of the United Saw
lngs & Investment Fund, had exer-
cised his distinguished ability as
hoater on Legitimate enterprise for
the development OF this country the
final result would no doubt have been
satisfactory; but so far The visible
effort has been to capitalize per-
fectly impracltcable and dilapidated
mountain wagon road for $40, 900
and make a show of development by
building useless steam boats and
barges The final investigation OF
affairs will be interesting aud also
unsatisfactory to the in
vestors themselves. The only reason
that we have to offer for thus intrud-
ing on the personal affairs OF others
is that in all probability the final ex.
cuse will be that the ''resouces OF the
country we're not as represented,
and the reputation OF it degraded
The distance from Huntington to
the mines, by way of Snake river
Is as follows, as given by engineers:
From the bridge to Ok Bow bend is
90 miles, thence to Billiards. Land
ing, 10 miles, thence up the tortnous
and impracticable alleged grade to
the mines, l 8 miles From Huntington
to Weiser is 23 miles, making ~ miles
10 same point on 0 s. l. Ry or 9
miles in favor of Weiser river route
On all eastern freight going out or in.
In this aggregate distance a success
sion OF natural difficulties are en- |
that make successful oper. |
alton of the route so impossible that
she simple question of distance cuts
no figure. The mines are about 5000
feet above Snake river and distant
not TO exceed miles in an air line.
and this elevation has to I've attained
over country that is so broken and
rugged as to make it barrier that
engineering skill can not overcome
by any reasonable expenditure.
And this is what is being attempted
" the face OF the fact that the coun-
Try can be easily approached from the
eastern side on light grade through n
inc settled country, and the distance
lO2 miles, and which us matter of
TACT is probably less than the river
quite, and no transfers; while by the
liver scheme, freight would have to
'e transferred three or four times be-
ore 1t was ON wheels for its final dcs-
instion. 1t is safe to say that even
he legendary mines OF King Solomon
would not stand such operations, and
'hen The inevitable collapse occurs F: