The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1898-08-13

sides of the stream, in fact. There was
a townsite boom there shortly after the
reservation was opened and town lots
were staked for a mile and a half along
the stream. Unfortunately this was ON
an Indians ranch and l understand that
Major Anderson has said that he intends
to GUST the squatters. If that is the case
the town will have to move to the bench
es above the fiat.
over Sixty Thousand In July.
The Republic mine produced about $685.
600 worth of ore in July. The shipments
to the smelter were 293 tons averaging
STA to the ton, making about $4,000 and
the product of the mill was $4,000. The
shipments were limited only by the num-
Der of available teams The haul of So
miles from Republic up in to British Co
lumbia and then down to Marcus to reach
the railroad is long one and it is not
easy to find means of getting ore from
camp to car. With better facilities for
shipping the product would be largely in
creased.
The mill will work high grade ore this
month. The bullion from the mill is
running weight for weight in silver and
gold.
The Republic will probably begin pay
ing dividends about October 1. Recent
shipments have practically cleared off all
the indebtedness of the company, paid for
all the development work done on the
mine and for the mill and the property
has now entered upon the work of paying
dividends. 1t is planned to pay $4,000
per month and if nothing unforeseen aris-
es these payments will be made with
! great regularity, yielding to the stock
holders 100000 per year or 60 per cent on
the capital stock. A little more than a
year ago Republic stock was sold at 10
cents per share. There is practically none
upon the market at any price today.
Z Armstrong Goes to Omaha.
7 L. X. Armstrong left last week fol
2 Omaha to take charge of the exhibit o.
Z Washington ores in the mining building
e at the international exposition. The orr
e shipment was made Monday. 1t was 4
= full carload and when Mr.. Armstrong be
) gan to collect all his cases and get then
+ in the car he found that it would hav'
e been difficult to have carried a more com
# prehensive exhibit without taking TIVE
y cars. He is satisfied that he will be abb
e to make a showing of Washington ore
+ that will astonish mining men who hav
S not investigated the wealth of the young
2 est of the mining states. Mr. Armstrong
5 will stop in Minnesota and visit relative
|, at his former home. He expects to renal
4 in charge of the exhibit until the expo
sition closes, being on hand every day
r answer the questions of the many VIII
'e will see the display.
Cnriboo District StiII Rich.
u dispatch from Ashcroft, B. c., says
y Cariboo, which yielded its millions
u years ago, is still rich. There were $73
: 700 in gold brought down from CariboO b
e stage to Ashcroft. OF this sum 500, sc
IL was from the last washup at the Garlic
VI hydraulic mine, and is several thousan
v dollars better than anticipated 1t is e,
pected that much better results will
obtained at the next 'washup. The ba
to ance was from scattered proposition
v throughout Northern Cariboo. Great I
ne suits are looked for when the Horse Fl
to makes its washup, as heavier nugge
in than ever before have been discovere
ry and the belief is that the yield this yei
% will in every way prove satisfactory.
es Mining Briefs.
Is The Abe Lincoln shaft at Rossland
IL down 1876 feet and two shifts of men a
u at work.
lie The b. A. c. will sink the shalC 100 fe
tn e., deeper on the Josie at Rossland. II
Ill Nickel Plate shaft will also be sunk a
u VI other 100 feet.
IN IN The British America Corporation h
III started work on the Beresford, Duffer
and Mist Fraction claims ABIDING t
ei Ymir mine in Ymir camp.
cit The Ymir Miner urges the importan
III of the mining men of that district g,
a ting together at once and preparing
ut an exhibition of ore at the Spokane fri
'es fair.
a' The main Shaft in the Center Star mi
ice in Rossland camp is down to the 50O-fo
level and is to be sunk deeper while wo
rs is to be resumed i'll the drifts at the 81
oi foot level
DIV 1t is said that Spokane men have pr
III chased third interest in the Mollie CT
II" son claim adjoining the Flossie R
nj Ymir camp. The identity of the purch'
IN ers is not made public.
rs The shaft on the Gertrude in Rossla
On camp is going down on the dip of
rst vein following two feet of rapidly i
proving ore. One shift is working a