Adams County news. [volume] (Ritzville, Wash.) 1898-1906, 1898-09-14
MINES AND MINING NEWS
SEVERAL LARGE SALES MADE.
Work on Nine Mile in Idaho-Alti-
tude of Buffalo Hump-Sales Re-
ported of the Iron Mask, the Iron
Horse and the Copper Wonder
Mining Notes.

ployed on the Northern Pacifc's Nint
Mile branch. near Wallace, Idaho, ant
the gap between the old grade and towr
will be completed this week. That il
practically all the work there is to dc
for four miles. the old grade requiring
but little repairing to put it in shap'
to lay ties and rails. No announcement
has been made as to how far the rail,
will be laid this year, although there
are various rumors afioat regarding it
Among the men employed on the work
the idea is prevalent that there is an
understanding with w. A. Clark that he
will work the Sunset and that the road
will be built TO it as soon as possible
1t is out of the question for it to &c
SO far as that this year, as it will require
several miles of heavy grading. The
Sunset claim is on the very summit Of
Sunset peak, and has the greatest sur
face showing of any claim in the CoeuI
d'Alenes without question. Mr.. Clark
has owned it for years, declining to eth
er sell or lease the property, although
there are plenty of men who would jump
at chance to get to work it on any
reasonable terms. Another report is
that the track for the present will run
only to the Black Cloud mill, and an.
other that it will be put through as far
as the Granite mine. mile and hall
beyond the end Of the old grade. Lo-
cal officials profess to know nothing 81
the plans of the company, and it is
probable that they are honest in their
statements.
| The Iron Mask Sold. .e-s'
The Iron Mask in Rossland camp is
soon to pass into the hands of the
Blackstock -Gooderham syndicate, which
lately acquired the Centre Star, and
which has owned the War Eagle since il
passed from the hands Of the original
Spokane company. That deal has been
pending for some time is well known
That it is nearing the point of eulmina-
ton is asserted by those who are in q
position to know the facts.
| 1t is said that the price is to be at the
rate of 100000, or 81 per share, for the
property. Some who are in close touch
with the parties interested insist that
the price is even higher than this and
give as a reason therefor that the deal
has been hanging fire for some time
simply because the owners of the con-
troll of the property would not sell at 81
per share, and that there, is no reason to
believe that they have weakened. How
ever, it comes from an authentic source
that the price is 81 per share.
| Bought the Iron Horse.
The Iron Horse in Rossland camp has
been purchased by George +. Pfunder
for the Mackay syndicate, which owns
the Virginia, Colonna and Monte Girls
to properties. The Iron Horse was
owned by the Iron Horse Mining and
Milling Company Of Rossland. Harry
Humphrey of Spokane was one of the
largest stockholders and he recently ac-
quired the control Of the property and
made the deal for the sale of the control
to Mr.. Pfunder. j. d. Farrell was a
large stockholder.
Mr.. Pfunder. who was in the city last
week, said that he had closed the deal
for the purchase of $4,000 shares OF the
stock OF the company, the capitalization
being 81 100000. He declined TO name the
price paid for the stock, but it is claim
ed that the figure was s cents per share.
Altitude of buffalo Hump
The report that the new quartz camp
on old Buffalo Hump has an altitude Of
10000 feet is ridiculous, says the Idaho
Free Press. The figures given by the
United States geological surveyors who
were through the country last summer
place the altitude of the hump itself at
$50 feet above sea level. This is the ell
ovation plated on the map of the Bitter
Root forest reserve furnished by the in
terror department for the use of Mr..
Glindining, superintendent of the re-
serve. The entire country was triangu-
lated and plated with great accuracy,
and the elevations of all prominent peaks
and stations are given, making it the
most serviceable map of this section we
have ever seen.
Bought the Copper Wonder
The British America Corporation last
week purchased the Copper Wonder and
two other small fractions lying to the
east of the Great Western for $4,000.
There are l3 acres in the three frac-
tions. The vendors were Kennedy
Brothers 4 Purgold, who owned third,
Chester, Of Spokane, third, and Arthur
Gowing and j. S. Rogers, one-sixth
each.
Cash for Centre Star.
The sum of $2.OOO,OO0 for the pur-
chase OF the Centre Star mine in Ross
land, b. c.. was deposited with Cashier
7. NJ. Hodgens Of the State Savings bank
at Butte last week. The purchaser is
the Blaekstock- -Gooderham syndicate Of
Toronto. The stockholders who sell out
are principally Butte people.
Paid for Government Timber.
The clerk of the United States court
has been advised by the department Of
. the interior at Washington that check
has been received there from the lie Roi
Mining Smelling Company Of Spokane
for $l4S.l8 in settlement for l48,lS feet
Of timber cut by the company from gov
eminent land near Northport. The set
tlement is compromise.
rhe lie Roi Ii shipping Ore
fThs LIE Roi smelter at Northport is not
ia opsration, having run out Of ore dur
81 4 ~ time The company was restrain
;ef from shiRping. Daily shipments Of
fr<.lx ~ - ~