The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1898-04-02
SALES AND DEVELOPMENT.
GLANCE ABOUT MINING CAMPS.
Title Deeds Passed In the Purchase
of the Whitewater aIine--The syl-
vanite Camp I'm Mostana-PIaeeE
work ON the saImon--TFansae-
lions Gan Red Mountain Properties,

lions in Red NountaiB Properties.
kaslo, u. c., reports that the entire bal.
anee Of the purchase price Of the White
water mine Was paid over in cash, and the
title deeds were passed, by virtue of which
the property comes into the possession OF
the Whitewater Mines, Ltd, the Aotation
Of which was recently successfully com
pleied in London by the managers Of the
London and British Columbia Gold Fields,
Ltd The deal was carried out aud con
summated in Kaslo. BY the sale the two
thinds interest Of j. G. Eaton Of Kaslo and
w. c. Price Of East Oakland, Cal, was
purchased outright for cash. and the one.
third interest Of John L. RetalIack and
Major Montgomery was paid for in stock
81 the new corporation. The first payment
on the deal was made December 81, with
80 days time ON the balance. The exact
price Is not made public, but 1t IL general.
ly understood that the transfer was made
ON basis Of $4,000 for the entire mine.
saturday the late owners Of the White
water mine held meeting In Kaslo aud
decided 10 declare dividend approximAt-
ing $4,000, making n total Of slg4 900
paid In dividends 10 date. The amount Of
the dividend today includes the net profits
Of the big silver property TO the 23d inst,
the date Of sale 10 the Whitewater Mines.
Lid. According 10 the terms Of the con
tract part Of saturdays dividend goes to
the new owners The mine is now in
charge Of 5. S. Fowler, representing the
purchasers. II IL believed by sotne lac will
have the management Of the property.
syiNaRIIe.
The town ~ sylvAniie, in the north
western corner Of Fiathead county, Mon
tana. is n gold camp where there have
berh no setbseks, and where new finds Of
value were made every Week during the
past prospecting season. With an abund.
anoe of ground yet unprospecied that Is
doubtless A. good as any. The town has
grown from a village Of tents about one
year ago with population of 100 to n sub
stantial place of COO inhabitants with
graded streets and better buildings than
arc usually found in mining camps Of a
years growth. There are several good
business blocks and Eve hotels, one of
which ~ ihrce,stnly structure. There
afc two properties that are sufficiently de
FeioPcd 10 be called mines. They are the
Keystone and the Gold Flint. The kev-
stone IL equipped with n 10 stamp mill and
ooneentrAioT which are running dav and
night and working 30 tons 81 ore daily
The cleanup Is made once a month, aud
substantial gold bricks find their way 10
Spokane with regularity. keystone ores
nun from 81 20 SIC pr ton--low- grade, 10
lie SUR. but easily handled, and 70 abund.
ant that IL Is a big thing for the owners
The keystone employs about so men in
tho operation of the mine not including
the ore haulers, wood choppers and Others
directly connected with the property. The
Gold Flint has n fine new modern mill,
built al cost Of $4,000. The plant con,
sls,s Of sosiamp mill, six concentrate.
aud gravity car line 2sOO feet long con.
Meeting the mine with the mill. The
equipment enables the company 10 handle
20 tons II - 10 sl2 ore per day. The prop.
city is developed 10 the foot level. and
the orr body Is from six 10 % feet Wide
and consists Of oxides and suiphides The
base ore is treated by the conccntrator
aud the oxides by the mill. The mine eu,.
ploys about 65 men in all departments.
hisernl HIlI District.
A great many Butte men are interested
near Pony, in the Mineral Hill district. II
Is said more men than ever before arc
working in that section. and that from
three 10 Eve carloads Of ore arc being
shipped weekly from this district. The
claims that arr the large producers are
The llcllc, Summit, Mountain CHn. VII.
low Cree, and Ned, The watscka mine.
which has been worked by Mr.. Miller aud
Mr.. WhiPple during the winter. is pro.
ducing some fine orc, and the gentlemen
will soon begin shipping their ore. The
Watscka Is ono Of the old stand by claims
ot Madison county Seldom a season
passes that some one docs not make a
lucky hit in this mine, and take out nirc
shipment Of ore which pays them hand.
son,cly for the time expended. and vet the
vein Is - irregular that company could
do nothing with 1t, The ore seems 20 he
in pockets aud chutes
A Red Mountain ClaIla.
The Gertrude claim, on Red mountain,
in Rossland, has been sold TO an eastern
syndicate. The property WAS owned by
Spokane company, and the consideration
Of the sale is half the stock Of the new
company, with sI0,OOO TO he placed in the
treasury by the purchasers for develop.
mcnt purposes. The Gertrude Is the sec
ond claim west Of the War Eagle, and ad.
joins the Number One. You Know, Sur
prise, and Novelty. The property is bu,
slightly developed, but Il Is said TO show
a well defined vein. No work has beer
done on Il for long time. Wallace Mount
was president and J. NJ. Murphey sccre-
tary Of the Gertrude company.
On salmon River.
The Horseshoe Placer Mining Company
operating on The great horseshoe bend Of
Salmon river arc engaged in a mammoth
undertaking, They are making a cut Of
1890 feet through the neck Of the horse
shoe TO turn the channel Of the river, $50
feet have been already completed. This
cut when finished will lay bare two miles
Of the river bed The gravel taken from
the cut yields from 60 to 10 cents in gold
per cubic yard. The company proposes TO
work all the available gravel Of the neck.
and then the bed Of the stream. which viii
undoubtedly prove very rich.
New Free Milling Camp.