The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-01-18

exchange ~ Spokane and no trading on
margins. All sales are Tat sales made
through brokers or between seiier and
purchaser direct Ninety per cent. 81
transactions are made on "a basis Of the ac-
tual amount of ore In sight In the mine.
OF course there In some 'wiid~catting.' but
there are even more cases In which tbs
market price OF stock In tess than the
net value OF ORE actually In sisht in the
mine
ssYou people here I'm Seattle do net an-
derstand and cannot begin TO realize the
enormous amount of development work
going on In Republic camp Two years
ago the Rozsland. H. G. camp was the
great center Of attraction, but the advan-
tag- which the Republic camp has over
Eossland II the fact that the cost OF de.
vciopment ts s. per foot az against 10
Per foot AZ Rasesand, and the time reccs-
sary 20 develop mine corresrondingiy
shorter. What this means for Republic
camp you can readily understand. and this
also explains why the prices OF Republic
stocks advance 50 rapidly. DEVELOPMENT
II rapid. A prospect today IL mine to-
morrow. figuratiseiy speaking. Ycu do
not have IN walt lifetime and spend
fortune To make mine.
There are ninstyrfve licensed brokers
In Spokane and II IL estimated that daily
stock transactions average ess.ec In ac-
tual cash changing hands
Patsy Cfark's Great Luck.
.-rhe locality OF wha, IL known as Lone
Pima hin Is Just now attracting the mos,
The mines fn that locality have had most
phenomenal development. In mining. a.
In other matters, people generally follow
great leaders Success makes great
leader az a man IN the mining world.
Patsy Clark. the cwues OF the Great Re-
public mine. ths meir~nillionatse OF Spa-
Kane, and mining kins Of the Republic
district. Is the ownTr 81 the principal
mines Ia tho f4ene Pine bill district. arid
u spending thousands 81 dollars there In
a L.
Lone rtue, Last Chance. Surprise, Pearl
and part owner OF the Hlack-taii uiises
all In the locality referred 10,
"Fssur menth- ago Lone Pine stock was
sailing for cents a share. Last week
Patsy Caark paid e cents "a share for ise.
90 shares so a. se secure control af thia
mine. The stock immediately Jumped 10
Sc Cents. aaA spokane brokers ware
flooded With orders at that price. hut
could set no stock 20 deliver.
Lone pine hill IS about a vaise ffom
the Republic fntae and on direct line
81 the great norphyvy belt ~h.eh ~ esv-
ing faris and richness To taa camp.
II VOC hoax a; the map you Will see how
these properties he. There are three
great parallel VEINS which al the ieea.
tions masis in this locality seemed a. have
been after. These ssluA are known as
the San poi', the Pearl ard the Hstack
tail leafs Nog viii sess thasss marked on
The nap. All Of the ioeatsesss In this dis
trtet were made With vies Of catching
one or the ether Of these three Vesnx
-AA lrt4ktfaaH % sHr name 81 Eat
Ryan. who lives AZ EapuSssc. thinks he
has gpsas Joke On hts millionaire felsow-
coun.rysaAn. fsasay Clark. and never igpses
an oppcrIwristv 80 tsI ss. Yea see the
psFss Clark syndicate bad tnen eut 49,
eating claims IN tSEpantfc camp hzs.aFs
the ra.t Of IRE world hsa uAks~f az fe
tire richness ~ ere great District. " yzai
Will glance az the Enen you wil sac that
the Last CAAnge ciAtsss ard the fsssns PARA
claim ID not he exactly parallel Isass
claims we're located by sAe Clark ssntst-
cate. ana bath were after IRE ereAs k2sass .
tas1 lsAd. ard tss tsssa tiers suppose t itssy
were nsaksnR parallel fceasiers ibesefNgs.
snsnt work Was begun sa both properties
and pusseA 10 considerable extent
After a tnne J. g Ealstan wa& ~ant ssss
fo survey shu claims err = ssAgsrs fsas
Ryan coeTsaausIy proposed 50 Mr.. Estssns
te gs aiong WITH Ntssa
~FF'n 30 afthnr hespsns ww. Mssthfr
Eawtss9n.' he said
Jok~ an the Irish Ntainx King.
80 RNaa helped Rsistss. sas hnSpes,
himself ~ th~ same tire. The sa~xHsygss :
stakes were Grtsea % tas t.aHo ftne as.
Last Chance csatFtas N&sa the sssswrps
were eorax3rtost. great Ax wedge. ~
feet en- tsa wide ens AID 40 tses wlas
at tire harrow sna. Showed ~ tpsswe~n
srs twe claims supposed 20 be parallel
Tksa NeSxa contained the 2Eex - 4ha