Cottonwood report. [volume] (Cottonwood, Idaho) 1893-1901, 1898-02-04
MINES OF THE NORTHWEST
CONTROL OF PooRMAN MINE
Figuring on the Gold Production of
the Country During the Past Year
blue Grouse Mine I'm Northern
Idaho Observation-Disclosures Notes.

for several days, consummated the deal
himself, and he is authority for the state |
ment that the control is now in the hands |
of the big syndicates which he represents
as managing director. The price could
rate of l23 cents per share. The capital
stock of the Poorman company is 100000
shares Of par value of ST.. The property
has been developed so closely in conuec-
tion with the Josie mine and the work
ings of the two are so interviewer that the
mines are really one property, and since
they are to be operated under one NAH
agement their development will be econ
omically accomplished.
The sale of the controlling interest in
the West lie Roi and Josie companies took
place as announced in the papers only a
few days since. The price was as stated,
about 30 cents per share. The officers of
the company have not been willing to ad-
NIT that the deal was consummated, but
Governor Macintosh says that his cor
poration not only holds the controlling
interest, but owns all the stock except
mere fraction.
Gold Production for 1897.
Director of the Mint Preston says that
he thinks Ex-Governor Grants estimate
Of $20,000,0 900 as the gold production of
Colorado is closer than Mr.. Puckett's fig
ures of $22,O00,000. 81 believe that the
total product of the country will reach
about SCI 100000" he added. II know
that the estimate of Rothwell of the En-
cheering and Mining Journal is $57 ,000,-
900, but think he has excluded the new
Alaska product on the theory that it all
comes from across the international
boundary. This, / believe, will prove an
error, for considerable item will be rep
resented by the product of the locations
on our side of the boundary"
Mr.. Preston estimates the Utah pro-
duct of precious metals at $4,000 fine
ounces of gold and 6,5O0O0O of silver.
Utah is the only state in the union that
does not show an increased gold product.
The director has sent out his circulars
and blanks to private refneries of the
country for information. He says that
no certain figures can be given until the
returns are received, but that these will
afford close approximation to the exact
product.
Big Seven ON the Increase.
The Barker boys, Dave and jerks.
principal stockholders in the Big Seven,
near Neihart, Mont, have decided to work
that well known rich property on a
somewhat larger scale and heavily in
crease its output. In consequence they
have now force of 25 men at work, all
they have accommodations for Just at
present. Later on they expect to put on
few more, as soon as room Is made for
them. The Big Seven is high grade sill
yer mine and the ore carries no inconsid-
cradle amount of gold. For that reason
the price of silver does not cut SO much
figure. It is one of the most desirable
properties in the camp; so desirable, in
fact, that several parties have obtained
options on it, but to date no deal has been
effected.
SmeIter Returns.
The smelter returns from the fve-ton
shipment of ore from the Silver Nugget
claim, on Twelve Mile creek, near SLOGAN
City, have been received. The ore aver
aged 1888 ounces in silver to the ton. The
property has been stocked by the SLOGAN
City Mining Company, of which Hon
Hugh Sutherland is president and F. s.
Andrews secretary. Mr.. Sutherland is in
England raising funds for the further de-
selopment of the property. The carload
of ore from the Republic mine, near Slo
can City, which was shipped to the Mel
son smelter a short time ago, averaged
POS ounces in silver and $ls in gold to the
ton. This property is owned by Dave
Sutherland and Tom Montgomery, and
most of the shipment of ore was taken
out by themselves.
The Checkmate Mine.
The superintendent of the Checkmatt
mine, at Willow Creek, Idaho, talking
about that property, says a second ore
chute is being developed that is found
fully as good as the Chaplin chute from
which so much rich ore was taken a yeal
or so ago. This new chute is found IN
feet west of the other. 1t was opened il
drifting on the tunnel level. The drift
has penetrated it So feet with no indica
ton yet of the limit having been reached
Blue Grouse Bonded.
William Williams has bonded the Blut
Grouse to parties whose names cannot al
be learned, yet some of them are local par
ties and some are from Latah or Ne,
Perez counties The Blue Grouse is OF
Sunset peak, about mile southwest from
the Colwyn, in the immediate neighbor
hood of the Manhattan and Amazon
Neither of these three claims have BEEF
developed much, but all show ore in con
siderable quantities and a wagon road viii
probably be built from Dobson's pass t.
the next summer.
Strike in the Columbia.
A strike of good ore have been made il
the Columbia mine, seven miles west o
Whitehall, Mont, owned by State Sena
tor G. w. Hoffman and other Bozemal
men,, Work has been going on severs
months, and the development shaft ha
reached depth of 800 feet. At 800 fee
a crosscut was run, which has tapped tn
vein The owners Of the Columbia hav