The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-23
REPUBLIC STILL BOOMING.
Prospects, Are Rapidly Beconing
Nines-ProhaAly 1.oO0 Men VIII
BE Employed In the Camp.

Special Dispatch 20 the poss-EnteiIiGeneer.
SPOKANE. Jan 1-The past week has
Witnessed a wonderful activity In the
stock market. mainly represented BY nsn-
Ing properties In Republic camp. Not
day passes that does not record a suastan-
tfai stride In ore or more OF the nsany
Claims now under development and no
sooner Is the news received here than a
lively skirmish occurs to get bold OF some
OF the stock on a ground floor basis. What
adds additional zsst 10 the stock market
Is the numerous orders now daily receiv-
ed from many outside and far distant Sec
tons OF the country. indicating that the
Tame OF Republic camp Is spreading in
every direction
Seattle Getttng Interested.
Seattle il also getting very much inter-
ested. judging from the number of orders
coming from there. II is noticeable fact
also that the sale OF stocks now depends
upon the good showing made In the yari-
Gus properties. and Of these there are SO
many that anything that smells of u
wildcat Is no longer q good thing 10 spec
uiate in
More New Companies.
The formation OF new companies for the
development % hitherto idle claims con-
inaes without interruption. and trans
Ter OF claims Is an almost daily occur
renee. And this condition exists 1T a
erai feet of snow, making development
work matter of considerable difficulty
aud expense In the opening up of claims.
With the opening OF spring and the snow
on the ground, il is predicted that over
loo men will be employed In the camp.
Even a, this time. when travel into Re
public entails considerable hardships, the
daily stages from Marcus, Bossburg and
Kettle Falls are loaded down with new
arrivals, until IL has now become seri-
Gus problem how 10 take care of the peo-
IL so - 49,. II
tons
The Mountain Lion.
While drifting south on the big ledge
In the Mountain Lion, towards the great
ore chute. an assay was taken Wednes-
day from 1-foot face sample which
yielded &C., indicating that values were
increasing as the chute was approached,
The general average OF the 2foot ledge
has heretofore been given at from s25 TO
80 II the values continue to increase as
the drift proceeds, the Mountain Lion
bids fair TO rival the Republic as the bo-
nanza mine OF the camp. Superintendent
Brown received word that the delayed
compressor plant would arrive at Mar
Gus January IS Teams will be In readi-
ness TO transport the new machinery 10
the mine without delay and as the foun-
dalton and building are in readiness IL
will only require about ten days in which
10 install the plant and start IL TN opera
ton.
Golden Chest Has . 2O-FOot Ledge.
The Golden Chest Mining Company. OPP
Grating the Mckinley claim after max
Ing some deep cuts to determine the
course OF the ledge has demonstrated
that the width Is about % feet. The av-
erage value is said to be 81 In gold TO the
ton. with a fair percentage OF both silver
and copper. A tunnel is now being run
to crosscut the ledge
The shaft on the Katie Hayward has
reached depth OF Is feet and is in five
feet or clean quartz that assays from s.
to s. in gold. Two shifts are employed in
pushing the development OF the property.
The Morning Glory.
Slow progress is being made in the
Morning Glory tunnel. owing TO the char
acter of the rock encountered. The shaft
Is now down over - feet and the ledge
continues Its former good appearance
Princess Maud.
The recurrent report again In evidence
this week, that the Princess Maud tun-
mel had come into the ledge Is without
foundation. II can be stated almost az a
certainty that the ledge cannot possibly
be reached before the first Of February
Elgin Claim Purchased.
The Elgin claim adjoining the Repub-
lie townslte on the east has been pgr-
chased by X. c. Hyde. OF this city. who is
also negotiating for the purchase OF an
other property in the camp. 4 apfoot
shaft Is said to ne the only work done on
the Elgin at this time.
Bouiders Carry Free Gold.
In tuuneling through the wash on the
Mephssto claim number OF large houl-
ders have bsca uncovered which carry
free gold. indicating that the ledge is not
far off. The samples on exhibition here
show the virgin gold TO the naked eye.
The Paio Alto.
One ot the leading strikes In Republic
this week shown up under development
is In the Paio Alto. which. la the short
space OF two months, has developed from
an ordinary prospect into q most promis-
ing mine The strike made this week WAS
"a a depth Of lis feet, and at a point $50
feet from the entrance 20 the tunnel
where u feet of clean quartz OF n very
high grade was uncovered. several as
says made frcm the ledge gave returns
OF from sae 20 sss~15 r. A Mccullough
president OF the company. IN speaking OF
the strike. said The ledge has clearly
defined walls and is going down almost
perpsndicuisrly. we have now entered
the ore chute for IL feet and believe we
have a mine which Is second 10 only the
Republic. AS a result ~ this latest de-
selopnen;. Pale Alto stock is rapidly rls-
Ing In price.