Cottonwood report. [volume] (Cottonwood, Idaho) 1893-1901, 1899-02-24

The relative dissolving powers of differ
ent gold solvent solutions is given by
some metallurgists as follows: Chlorine,
per cent solution, II hours, 4.49 per
cent?. bromine, ! per cent solution, 1t
hours, GAG per cent; cyanide, per cent
solution, 1t hours, 0.57 per cent-60 de-
gress c. in each case.
Value of Gold.
Gold $50 fine is worth $3.50 per
ounce; 800 fine, $40. SO per ounce; $50,
$I7. ST; S75, SIS. Os; 300, SIS 90; 920,
$40. OF; $50, 1922; $40. $ls. 43; $50,
$40. SO. The San Francisco mint charges
for recoinage is 81 per 1000 ounces.
Montana Output.
The metal output of Montana shows an
increase of $3,O76,000 for the year 1893.
In gold the output was $4,000 fine
ounces, silver II 100000 fine ounces, cop
per 24O,OOO,OO0 pounds; lead 100000
pounds. All the metals show an increase
excepting lead, which fell off $4,000.
Gold and SILVER Output.
A table showing the average yearly
output of gold and silver for Germany,
United States and the British colonies
and dependencies is analysed by Consul
Constable in single sentence in which
he says: "Thus, the United States and
the British colonies, to gether, produce
somewhat more than one-haif the annual
output of gold and nearly one-half the an
nual output OF silver throughout the
world" A further analysis of the table
indicates that the United States alone
produce about % per cent of the gold of
the world, and over 35 per cent of the
silver.
Erie, II. c., District.
The Arlington and Canadian King
mines are showing up well from the win
ter's development. These properties are
located in the Erie, B. c., district. The
Arlington was sold to the Hastings, B. c.,
Exploration Syndicate, by the locators,
A. w. Boyd and partners, in March last,
for good price. The Hastings people
have placed machinery on the property
and developed to the 800 foot level, where
they are stopping the ore and shipping to
the Northport smelter. The Canadian
King development consists of numerous
shafts and crosscuts, from which assays
have been had running from $40 to $3.50
in gold, and few ounces in silver, picked
assays running as high as $2,947 per ton.
Ymir District.
| There has been a rich strike at the
Athabasca mine.
Development work is going steadily on
at the Victor group.
The big chimney at the Trail smelter
is almost completed.
On the Union Jack group steady devel-
opment work is being carried on, and
shipping will be commenced as soon as
the snow melts.
At the Dundee mine the main shaft is
now down to the 263-foot level. The
drifting on ore is being carried on at the
20O-foot level, where it is Is feet thick.
The Montana shaft is now down 65
feet and splendid body of solid ore the
full width of the shaft has been struck.
Development work is being vigorously
carried on.
The shaft on the Evening Star Fair
mont Gold Mining company is now
down about rs feet Assays from the
recent strike were eminently satisfactory
This company will be shipping as soon
as snow melts.
The largest stamp mill in British Co
lumbia-40-is believed to be that at the
Ymir mine at Ymir.
Boom I'm Copper Stocks.
noaIo, ooraaDoodant nf tha uay4forJ
Times writes: While the improvement in
the value of shares in the western rail
roads has refilled many depleted Boston
pocket it is the boom in copper stocks
which has drawn hundreds of Outside
investors into the State-street brokerage
offices during the past few months. A
good many fortunes have been made by
promoters of copper mines, and one big
one-that of A. S. Bigelow, who is now
rated to be worth $l0,O0O,O0O. He inner
tied his copper interests from his father
and has greatly amplified them. Thomas
w. Lawson is the broker whose name il
most frequently mentioned in the papers
He advertises a good deal, publishing
. long statements on the first pages of Bos
:, Ion newspapers ABOUT Ihe DusiIless nc
: interested in. Latterly he has also gaineC
notoriety from the proprietorship of tn
"Mrs. Lawson Pink" about which so mucl
= has been printed. Mr.. Lawson is build
:, ing a home on splendid estate in Win
!. chester, on which his investment is run
= ming up into the hundreds of thousands
= l hear the names of good many "ney
rich" young men who are beginning to b
: known in the financial world, but tn
names of Bigelow and Lawson overto
= all others in the copper speculation.
E. NJ. Bacon's interesting weekly, Tim
and the Hour, says in its current issue
Tin the hearing before the taxation CON
n mittee of the Massachusetts, legislator
r on Thursday, the interesting fact wa
n brought out that the promoters of tn
Calumet and Hecla mining company, o
Y an original investment Of $l,250,00t
about 80 years ago, have brought bac
into the state $55,OO0,OO0. The marke
value of the stock today is $75,0o0,0O'
(. Who shall say that Massachusetts, dot
a not prosper by its enterprise in investin
g In foreign corporationsf"