Adams County news. [volume] (Ritzville, Wash.) 1898-1906, 1898-08-10


miles from Republic up in to British Co
lumbia and then down to Marcus to reacl
the railroad is a long one and it is no
easy to find means OF getting ore from
camp to ear With better facilities fol
shipping the product would be largely in
creased.
The mill will work high grade ore thi.
month. The bullion from the mill i,
running weight for weight in silver ant
gold.
The Republic will probably begin pay
| ing dividends about October |. Recent
shipments have practically cleared off all
the indebtedness of the company, paid fol
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 $600,000 per year or 60 per cent on
the capital stock. A little more than a
year ago Republic stock was sold at lC
cents per share. There is practically none
upon the market at any price today.
Armstrong Goes to Omaha.
L. X. Armstrong left last week foi
Omaha to take charge of the exhibit oi
Washington ores in the mining building
at the international exposition. The ore
shipment was made Monday 1t was a
full carload and when Mr.. Armstrong be
gan to collect all his cases and get them
in the car he found that it would have
been difficult to have carried more com.
prehensive exhibit without taking two
cars. He is satisfied that he will be able
to make a showing of Washington ores
that will astonish mining men who have
not investigated the wealth of the young
est of the mining states. Mr. Armstrong
will stop in Minnesota and visit relatives
at his former home. He expects to remain
in charge of the exhibit until the expo.
sition closes, being on hand every day to
answer the questions OF the many who
will see the display.
Cnriboo District Sun Rich.
A dispatch from Ashcroft, b. c., says:
Cariboo, which yielded its millions 40
years ago, is still rich. There were $73,-
700 in gold brought down from Cariboo by
stage to Ashcroft. OF this sum $G2, 800
was from the last washup at the Cariboo
hydraulic mine, and is several thousand
dollars better than anticipated. 1t is ex-
peeted that much better results will be
obtained at the next washup. The bal
ance was from scattered propositions
throughout Northern Cariboo. Great re-
suits are looked for when the Horse Fly
makes its washup. as heavier nuggets
than ever before have been discovered,
and the belief is that the yield this year
will in every way prove satisfactory.
Mining Briefs.
The Abe Lincoln shaft at Rossland is
down 1876 feet and two shifts of men are
at work.
The b. A. c. will sink the shaft 100 feet
deeper on the Josie at Rossland. The
Nickel Plate shaft will also be sunk an
other 100 feet.
The British America Corporation has
started work on the Beresiord, Dufrerin
and Mist Fraction claims adjoing the
mir mine IN mir camp.
The Ymir Miner urges the Importance
of the mining men of that district get
ting together at once and preparing for
an exhibition of ore at the Spokane fruit
fair.
The main shaft in the Center Star mine
in Rossland camp is down to the 500 foot
level and is to be sunk deeper while work
is to be resumed in the drifts at the 500
foot level.
1t is said that Spokane men have pur-
chased a third interest in the Mollie Glib
son claim adjoining the Flossie II in
Ymir camp. The identity OF the purchas-
ers is not made public.
The shaft on the Gertrude in Rossland
camp is going down on the dip OF the
vein following two feet OF rapidly i'm
proving ore. One shift is working and
making about IA inches per day.
The Deer Trail No. 2 Mining Company,
operating the property of that name in
Cedar canyon, has declared its first divi-
dend OF a half cent per share. 1t is ex-
pected that dividends will be of monthly
occurrence hereafter and that the size
will be materially increased. Spokane
men are interested in the property.
The trail from Ymir to Craigtown and
the Second Relief mine has been cont
pleted.
In the United States court at Seattle,
George d. Rogers has obtained a judg-
ment by default against the United Con-
centration Company for $l72,4ll.4s in a
suit for the foreclosure Of a real estate
mortgage. The property involved is the
Everett smelter.