Lewiston teller. [volume] (Lewiston, North Idaho) 1878-1900, 1898-04-01
SALES AND. DEVELOPMENT
GLANCE ABOUT MINING CAMPS.
Title Deeds Passed In the Purchase
Of the Whitewater Mine-The syl-
Work ON the saImon-Transac-
lions In Red Mountain fsroperties.

Kaslo, Il. c., reports that the entire bal
ance of the purchase price OF the White,
water mine was paid over in cash, and the
title deeds We're passed. by virtue Of which
the property comes into the possession of
the Whitewater Mines, Ltd. the Aotation
of which was recently successfully COM
pleted in London by the managers Of the
London and British Columbia Gold Fields,
Ltd The deal was carried out and con
summated in Kaslc. BY the sale the two
thirds interest Of j. c. Eaton Of Kaslo and
w. c. Price of East Oakland. Cal, was
purchased outright for cash, and the one
! third interest of John L. Retallack and
Major Montgomery was paid for in stock
of the new coipomtion. The first payment
on the deal was made December 81, with
30 days time on the balance. The exact
price is not made public, but it is general
~ understood that the transfer was made
on a basis of $45O,OOO for the entire mine.
Saturday the late owners Of the White
water mine held meeting in Kaslo and
decided TO declare a dividend approximate
ing $4,000. making total of $l94 600
paid in dividends to date. The amount Of
the dividend today includes the net profits
Of the big silver property to the 23d inst,
the date Of sale to the Whitewater Mines,
Ltd. According to the terms Of the con-
tract part of Saturdays dividend goes to
the new owners. The mine is, now in
charge of $. S. Fowler, representing the
purchasers. II is believed by some he will
have the management of the property.
.c.ti .tair, SyIvanite.. ',,.t si T0l
The town of Sylvanite, in the north.
western corner of Flathead county, Mon
tana, is a gold camp where there have
been no setbacks, and where new finds of
value We're made every week during the
past prospecting season, with an abund.
ance Of ground yet unprospected that is
doubtless as good as any. The town has
grown from village of tents about one
year ago with population Of 100 to sub.
stantial place of 800 inhabitants with
graded streets and better buildings than
are usually found in mining camps Of a
years growth. There are several good
business blocks and five hotels, one of
which is three-story structure. There
are two properties that are sufficiently de-
veloped to be called mines. They are the
keystone and the Gold Flint. The Key
stone is equipped with l0-stamp mill and
concentmtor which are running day and
night and working SO tons Of ore daily.
The cleanup is made once month, and
substantial gold bricks find their way to
Spokane with regularity. Keystone ores
run from - to $l2 per ton-,low- grade, to
be sure, but easily handled, and SO abund-
ant that it is a big thing for the owners.
The Keystone employs about SO men in
the operation Of the mine, not including
the ore haulers. wood choppers and others
directly connected with the property The
Gold Flint has a fine new modern mill,
built at q cost of $4,000. The plant con.
sists Of 2O-stamp mill, six concentrates,
and gravity car line $500 feet long con-
Meeting the mine with the mill. The
equipment enables the company to handle
20 tons Of IS to $l2 ore per day. The prop.
erty is developed to the 200 level, and
the ore body is from six TO- % feet wide
and consists of oxides and sulphides The
base ore is treated by the concentration
and the oxides by the mill. The mine EN-
ploys about 65 men in all departments.
Mineral Hill District.
A great many Butte men are interested
near Pony, in the Mineral Hill district. II
is said more men than ever before are
working in that section. and that from
three to five carloads of ore are being
shipped weekly from this district. The
claims that are the large producers are:
The Belle, Summit, Mountain Cliff, Viii
low Cree, and Ned. The Watseka mine,
which has been worked by Mr.. Miller and
MIR. Whipple during the winter, is pro.
ducing some fine ore, and the. gentlemen
will soon begin shipping their ore. The
Watseka is one of the old standby claims
of Madison county. Seldom season
passes that some one does not make a
lucky hit in this mine, and take out a nice
shipment of ore which pays them hand
solnely for the time expended, and yet the
vein is so irregular that company could
do nothing with it. The ore seems to be
in pockets and chute&. r>,l7i IA slslis
Red Mountain Claim.
The Gertrude claim, on Red mountain.
lin Rossland, has been sold to an eastern
syndicate. The property was owned by a
Spokane company, and tina consideration