The silver blade. (Rathdrum, Idaho) 1895-1903, 1899-03-11

Eight Hundred Dollars Per Share.
Calumet & Hecla stock is selling in Bos-
ton at $500 per share, the par value being
$25. This stock has increased over 5000
per share since last October. Ii lS-cent
copper will make such values, 20-cent cop
per will simply put it 'out OF sight"
Southeastern Alaska.
Very encouraging reports are finding
their way into print concerning quartz
developments in southeastern Alaska.
One concern, the Sea Level Mining l.
Milling Co., claims to have a large force
OF men opening up a series Of large veins
which average in gold from $25 to $92.
Copper In Minnesota.
A copper strike has been made at the
mouth Of knife river, about IL miles from
Duluth, on the north shore, that may
result in mines that will rival those Of
the Michigan copper country. The strike
is said to be one OF the richest of the
numerous copper strikes made in this vi
entity in years.
Silverton, ID. c., Tramway.
Silverton, one Of the busy mining towns
of SLOGAN lake, is figuring on a number
of important improvements this season,
among which are q 200-ton concentration
at the Emily Edith mine, an aerial tram
way by the Wakefield company, long
crosscut tunnel ON the Vancouver group,
and several companies are several COM
panies are getting ready to start develop
ment work.
February shipments.
February's shipments of ore from Slo-
can mines have brought the total ship
mcnts since January l up to $500 tons.
will bring the output for the year up to
figure more than double that of 1893,
and add new Importance to the silver-lead
producers of the SLOGAN, and will do more
to stir up the already awakening CAPT.
talists to these great dividend paying pro-
positions than tons Of carefully prepared
statistics on the merits of the SLOGAN as
. money making district.
Che water In the Comstock.
The work of unwatering the great
Comstock was started up last week, and
without hitch of any kind water was
sent through the pipes to Sutro tunnel
under 000-pound pressure. The water
was reduced in the shaft at the rate Of
foot minute, the stream running
through Sutro tunnel like mill race.
The water company is furnishing all the
water needed, and steady pressure is
maintained at the l70O-foot level. There
is great enthusiasm at Virginia City over
the success of the pumping plant, and it
is regarded as the turning point Of new
era on the Comstock.
British Columbia.
The SLOGAN Ore Purchasing Company
has been organized to build sampling
works at Nelson.
At meeting Of the Northern Belle
stockholders at Toronto, it was practical
ly decided to resume operations on this
property in the near future.
1t is said that an amicable settlement
of the celebrated Centre Star-Iron Mask
suit is not improbable.
Greenwood is the center of district 20
miles square, in which are located dozen
camps, all of which are showing consid-
cradle activity at the present time.
The Mines Development Company,
which lately secured the Swansea in the
Windermere district, northeast of Golden,
will spend $4,000 in development work
this summer.
The mines that were shippers last year
are heavier shippers this year, and in ev.
cry case the promise is that the output
from many, If not all Of them, will great.
ly increase instead of diminish.
If the advice OF the Province is taken,
and Americans are excluded from min.
ing altogether, the receipts of the govern
ment will not exceed % per cent OF the
present revenue from that source.
In the year 1898 the total amount OF
ore shipped from the Slocan reached H.
600 tons. If the present rate of shipment
is maintained, and there is little doubt
but that 1t will be, if not greatly in
creased, the output for 1899 will be in the
neighborhood Of 10000 tons, of a value
of $5,000,0OO.
Republic.
The rich ledge in the Flag Hill has
widened to one foot
The shaft on the Snow Drop has reach
ed a depth OF 80 feet
Work progresses steadily in the shaft
of the North San Poll.
The Trade Dollar cross drift is still be.
ing pushed from the bottom of the winze.
There is no change in the appearance
of matters in the Palo Alto since last re.
ported.
There is no change in the appearance of
the quartz in the Troubadour shaft this
week.
There was some nice ore taken from the
bottom of the shaft on the Agnes at
depth Of 80 feet
The rock in the Anaconda tunnel con.
tinues to be very hard, and as conse.
quence the progress is SLOW
The crosscut has passed through the
great ore body of the Quilp, at Republic,
and drift has been started to run with
the ore.
The Ben Hur manaoement has ;nou.