Red Lodge picket. [volume] (Red Lodge, Mont.) 1889-1907, 1898-05-07
MINES OF THE NORTHWEST
A BIG HYDRAULIC ENTERPRISE

Montana Company to BE Reincor-
pornted in New York-In and
Around Ymir-PrOgress in Stew
ems County-News From Rossland.
The Cariboo hydraulic mine, one Of the
largest on the coast has commenced op-
erations for the season OF 1898. They
turned on the water April l for the first
time this season, and are now running
night and day with a good head of water.
From the report of Manager j. b. Hobson
for 1897, the following summary Of the
seasons work is taken: Total time occu-
pied in washing, III days II hours;
quantity of water used, 223,4l6 miner :
inches; quantity of gravel washed, S4O,-
1870 cubic yards: gold product for season
SO7S ounces; value of gold, $l3S.559.70;
total expense of operating, S9l 81 LIZ; re
ceipts for seasons profits OH stores, board
ing house. lumber, etc, Sl622Ol. The
water supply is from a ditch IL miles
long, with Il capacity Of about 5000 min
ers inches. The ditch connects with Pol
leys and Bootjack lakes The former
holds 3O4 100000 cubic feet, equal to l4O.-
TAI miners inches, and the latter 1922
100000 cubic feet, equal to $4,000 min
ers inches. AS those lakes do not give
sufficient water for a seasons work, they
are now bringing in another ditch from
Moorehead, at Il cost of over 100000. The
reservoir site on Moorehead lake is eX-
tremely favorable for storing large guam
titles OF water. An earthen dam 4S5 feet
long, or 80 feet extreme height, and con
tanning $4,000 cubic yards of embank
ment, will retain Il reservoir OF water 30
feet in depth covering an area OF $40
acres, and will hold 550,O0O,OOO cubic feet
Of water, equal to 254,62o miners inches
or l27 days water Of 1000 miners inches
daily. The drainage area is sufficient to
fill the reservoir. The water from the res
elvoir will be delivered at the mine by a
ditch 10! miles long, the dimensions Of
which are / feet top, 5 feet bottom 3
feet depth, grade feet per mile, capacity
$500 miners inches Of water.
Boston and Montana.
The directors have decided to change
the state of incorporation for the Boston
4 Montana Copper Company from Mon
tana to New York, says the Commercial
Bulletin. The new company has the same
capital stock and par value and has
chosen this temp. rary board Of directors:
Charles w. Welch, w. G. Taylor, Wilson
p. Marchbank, John J. Roach, Brooklyn;
Edgar Dutfam, Newark; James Barker
Jr., Jersey City; Edward j. Dwyer, New
York.
This change has excited no end Of com
ment on the street and opinions as to the
reason are divergent. One theory is that
it means merging with the Butte & Bos-
ton, the latter being a New York com
pany. Those who hold this opinion are
strengthened in it by the statement that
Charles p Welch is large holder of
Butte stock. Some other people incline
to the belief that the Montana insiders
believe that they can make more money
by having large share capital, say Civ
ing four shares of new stock for one of
old Still others claim that the change
has been made 50 that the legal battles of
the company shall be fought in New York
courts rather than in those OF Montana
where the Judges are too deep in politics
in which also the Anaconda money cuts
wide swath.
At Ymir, II. c.
The mining boom has taken a great
squirt in Ymir during the past few days
and the town is full of experts anxious TO
get hold Of properties. The great major
ity Of these men represent large capital
both from the United States and Europe.
There are several large deals on foot that
the Spokesman Review is not now at lib
clty to make public, but will be able to
do 50 by the middle or last Of the week.
Building continues in Ymir at a rapid
rate. and all buildings are occupied by
business men as soon as completed There
is not an empty business block in town at
present The town Of Ymir now contains
1900 people, but it is safe to say that the
number will be more than doubled by the
first of September next. 1t is estimated
by conservative mining men that at least
1000 men will be employed in the various
mines around Ymir before the first Of
July. There are at present about 200
miners employed by the Porto Rico, Dun
dee, 1mir, Nebraska Girl, Jubilee, Elise
Tamarac, Salmon River and Porcupine
and one OF two other companies. 1t is
stated on good authority that the Ymir
mine alone will employ 200 men as soon
as their 40-stamp mill is put in operation
The Santa Rosa.
The tunnel in the Santa Rosa a prom
lsing property on Santa Rosa mountain
in the Rossland district, has come into a
fine body Of white quartz that has been
pierced for nine feet with no signs of the
hanging wall i'll sight. The ore carries
considerable iron sulphides mixed with
copper, and satisfactory assays have been
received from it. The tunnel on the San
Ia Rosa is now in a distance of 225 feet.
The Missouri Claim.
An important mining deal has just been
consummated at Chewclah, Wash, by
which the Bay State Mining Company ac-
quircs the Missouri claim near Browns
lake. This claim was the property Of To-
cal and Spokane mining men. 1t is de
vclopcd by 334 feet Of tunneling. The
main tunnel taps the ledge $50 feet from
the surface, the ledge at this point being
about six feet wide. The ore is copper:
gold and silver and assays we'll The new
owners intend commencing work in the
near future and will sink Wine at the
face OF the tunnel, going down on the
ledge. This company now owns four
claims in that district, all Of which are
more or less developed and show good ore
Of the same general character as the Mis-
souri,. The claims are about five miles
southwest Of Chewclah, and are easily
accessible by good wagon road.
The War Eagle.