The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1898-03-19

stock have been anticipating nom the
money paid over on account OF the puT'
chase OF the property by the British
America Corporation win not be paid this
month. Possibly there may be a division
Of the fund next July, but as there was
general understanding that a payment
to the stockholders was TO be made in
March, the people who hold Josie shares
may deem it wise not to build up hope
again until they have the cash in hand
Ii was understood, though never definite
ly stated by the directors, that the pur-
chase price Of the Josie mine was $500, 900.
Governor Macintosh has been quoted as
saying thathis corporation had contracted
to pay that price. There was prevailing
impression, which was never eontndieted
until now, that the price was about A
cents per share As the company is
stocked for 100000 shares, this figured up
$30S,OOO. A circular has been issued to
the stockholders this week over the sigma,
ture OF +, +. Snodgrass. secretay, convey
ing the information that the mine sold
for $26l 900. This is the first informa.
ton OF an official nature that has been
given to the stockholders since the deal
was consummated.
Ore Shipments.
The ore shipments from Nelson, d. G..
for the week ending March show a
marked increase over the previous week
both in amount and number of shippers
The figures are as follows: Hall mines
matte, 90 tons; Tnil smelter, matte, lO2
tons; lie ROi mine, ore, 1000 tons; Payne
mine, 100 tons; Queen Bess, l0l tons
koOtenay Ore company, 81 tons; Vancou
yer Mining company, 10 tons; Comstock
80 tons; Idaho, 90 tons; Black Diamond
20 tons; Poorman, Rossland, lao tons
Iron Mask. 50 tons; Fern, Al tons; Monte
Zuman, 81 tons; Whitewater, l3l tons
Total for the week, 2696 tons; value
$234,750; making the total 30 far for 1905
2O,Sl5 tons, valued at y, ~, 457, an aver
age daily shipment OF 325i tons, value,
at $3G,OO7.l4
The Republic Camp.
Unless all signs fail, not many year
will elapse before Republic will rank will
Butte and the best camps in the Coeu
Alenes, is the way it looks to recen
visitor So far no serious disorder ha
marred her history. Although lackin,
thorough organization under the law, tn
rights OF all are respected, and peace an,
order prevail. The first locations here o
mineral claims only date back about tw
years, since which time the development
has been steady and sure, and has re
suited in opening one Of the most phenom
email mines on earth. the Republic. Will
the development OF the Republic assure
to its owners great wealth, owners Q
other claims have not been idle, and ther
are good two score OF properties With
short distance which bid fair to euua
the Republic when developed to the eS
tent OF that property. The first loeatio
in the camp was made on Febrhry q
1895, by Phil Creaser and Tom Ryan.
few days later these men located the RI
public. Lone Pine and others. On Febru
airy 20, 1896, John Welty located III
Black Tail. On March !, 1906, Joe Shu.
ter located the Lost Lode, on the surtac
1t which is the north part Of the town d
Republic. Other locations followed, unit
hundreds OF claims are staked out in III
territory Immediately surrounding IN
town.