The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1898-01-08
WHAT MINERS IRE Doing
GOLD PRODUCT OF THE wORLD
NearIy = auarter Of niiIion Added
Durang the Past Year-united
states Contributes NEARLY One
FeuFth Of That Amount,

The director Of the mint, from intorma-
tion now at hand, says there Is sub
stantiaI evidence that the worlds prod
net Of gold for the calendar year OF 1877
win approximate, II not exceed, $z4O,-
600. 900. an increase OF nearly 20 per cent
over 1906. The gold product OF the Unit
cd States for 1896 was $SS,lOO,OOOi for
1897 Il will approximate sol ,5O0,OOO, an
increase Of ss,4OOO,O0O. The product OF
Africa for 1896 was 81. 10000. Returns
received up to December !, 1897, indicate
that the gold product of that country
for the year will be $5S,O0O,0O0, an in
crease Of SI3,6OO,OOO. Australasia, for
1896, $45 200, 900; for 1897 the indications
are that II will not be less than Sl ,OOO,-
600, an increase Of $6,SO0,OOO. Mexico,
for 1896, s. $50 900; for 1897, estimated
at $l0,OOONOO, an increase Of $l,1OOOOO-
The dominion of Canada, for 1896, 81
100000: estimated for 1897, s. 500. 900,
an increase Of $i.70O,OO0. India's product
for 1897 is estimated at S7,5O0.OOO, an
increase Of Sl.4OO.O0O over 1895. Rus
sia's gold product for 1896 was SCI $50
600; for 1897, estimated TO approximate
SIS 600 900, an increase OF $3,5O0,OO0 The
indications for the United States are that
Colorado will lead in the production OF
gold for 1897, as it is estimated it will
not be less than $2O,OO0,000. California
will follow with a product of probably
sl9yOO0,OO0 With the exception of the
South Appalachian range, it is believed
there will be an increase in every produe-
ing state Of the gold product over that Of
1896.
Option ON the LIE ROl.
In spite of denials on the part Of some
Of the officers OF the LIE Roi company, it
seems to be a fact that the British Amer
lea Corporation has some sort OF an OPP
ton on the property, either of their own
or indirectly through the London and
Globe Finance Corporation. That this is
true is admitted by men heavily interest
ed in the lie Roi who are in position to
know the facts. An officer of the lie ROi
company whose name can not be given fOI
publication because he deplores giving
publicity to mining deal until it is com
pleted, nevertheless admits that the prop
erty is under option to the Macintosh
people, and that as the report of their ex
pert can not reach England before the
latter part Of this week, the option was
recently extended from December 81
when it originally expired, to January 81
This option was given by Colonel PeytOI
and Senator Turner on their recent visit
10 London, they having been empowered
to dispose of the property. This gentle
man declined to divulge the price involv
ed in the deal, but admitted that hi
share would be close to half-million
and, as his holdings are known, the Pur
chase price may be figured at S5y0OO,OO
WashInEtOn's Record.
Henry Landes, state geolOgist, says
From the data at hand it IS estimate,
that the output of the precious metal
in Washington for the year 1897 vii
amount to about one and One-haf mil
lions Of dollars, which is a substantial in
crease over the preceding year. The yea
1897 has shown a great increase in tn
interest taken in Washington mines, an
prospecting, developing and mining hav
been carried on with great vigOT in ey
cry district. Several new rich strike
have been made, many new propeTtie
have been developed into shippers Of orr
and all of the mines have increased thei
output Not only have the quartz mine
been pushed, but the plaeers as wen sho'
a notable increase. Old diggings, as thos
of the Swauk. have produced fine mug
gets, and many new grounds have exhil
tied satisfactory showings. The KloI
dixie excitment has not materially hiI
dered the growth of the mining industT
in Washington.
Geld in Oregon.
Statistics prepared for the annual nun
Der Of the Oregonian show that Orego
will produce this year more gold than Il
Klondike yielded during the workin
season of ls96-97. This statement wi
come as a surprise to most persons tt
Oregonian estimates the KlOndike pr
duction during the last season at $500
600, while it estimates that Oregon b,
produced during the year over s. 10000
of this sum, according TO the figures
that journal. Union county has produce
$2,172,OO0, Baker county 100000 ar
Grant county $4,000, making the tot
for eastern Oregon over 81 ,OO0, 900. Soutl
ern Oregon il credited with the produ
TIN OF 81 100000.
Many Claims VIII he Jumped.
At the auditors Office in Colville, Wasf
the receipts of affidavits of assessmeI
work on mining claims is far in excess
any previous month Of December in Il
history Of the county, and it is estimats
that 1000 in all will be filed within Il
next four DAYS. In the meantime the hill
are full Of prospectors who are activel
looking over the boundaries and loo
tions Of claims that have failed Of the
assessment expenditure, and many min
owners who have trusted to others to {
the assessment work on their claims a
going out to see that their employees I
not abandon the work at the last momel
and jump the properties at the begi
ming of the new year. Instances Of tn
kind have been frequent in the past, an
promise to be especially so this year.
Ore In the YmIr.
Ore has been struck in the third an
lower tunnel Of the Ymir, in British C,
lumbia. owned by the London and Bri
ish Columbia Gold Fields. On Novembs
"a the second tunnel tapped the ledQ
at depth of 200 feet, but the width a
this depth has not been determined. TIL
length Of the tunnel is 500 feet and il
tercepts the ledge directly beneath tn
shaft, which is down nearly 200 feet. A