The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-05-25


Special Dispatch to the Post-Intelligencer
REPUBLIC, May A4-Never IN the ms.
tory OF this camp has there been %
many prominent mining men and cApstai-
lists here a. during the past ten Gays. The
entire situation was gone over. properties
thoroughly inspected and partial arrange
ments made for the eonyumsaation OF sew
eral large deals. II Is learned upon good
authority that . large combine, under one
management. was to be formed. but Pat
rick Clark dfssented. consequently but ono
consolidation was effected, that Of the
Lone Pine. Surprise and Pearl. The diff
ferent stocks were pooled under the head
OF the Lone Pine Surprise Consolidated
Mining Company. Mr.. Clark being elected
president ana the following trustees:
James Clark. l.. H. Long, Phil Creaser.
Charles Robbins and ". J. c. Wakefield.
II has been reported that Mernard Nc
take charge Of the Republic and the new
consolidated company as manager. but this
In denied by him The arrangement Of the
management will remain. as at present.
under James Harvey and James Clark,
OF the Republic and Surprise. From the
methodical way and thorough manner the
many properties have been examined, ores
assayed and the surroundings and forrna
sion In that Eastern Canadian and Amerf-
can capitalists are looking for Investments
here and IL would not be surprise IL
many large blocks OF stock OF the big
try.
Clarence J. Mccuaig. the great Montereal
mining promoter and a capitalist who has
mine and who has been the means OF send
ing millions here, arrived Sunday In conn
pany with Patrick Clark.
He has had the two Canadian experts.
Messrs. Mcdonald and Leckie, busy dur
ing his stay examining properties and get
ting ore sampled from many properties for
the purpose OF interesting more capitalists
With millions TO invest He remained tlli
Rossiand. He is at the head OF the Cana
dian syndicate that has purchased the con-
trolling interest In the Republic mine.
He states that he considers the present
mill In operation as only an experimental
one and as soon as Ii is settled which
is the best method for treating the ore.
and the most economical. that a mill OF
AT least TOO tons capacity Will be erected
Immediately The present mill Is g tons
capacity and turning out 80 tons a day
is not much OF a showing for mine the
size OF the Republic. and one with such
bodies Of high grade ore In sight.
He Is more than pleased with the condi-
ton and the looks Of the mine. as well as
all other properties visited by him and re-
ported on by his associates.
Mr.. McCualg has large holdings In Brit
fish Columbia and other districts. and Is
one Of the best mining authorities TO be
found.
as large mining promoter and mine
owner Through his manipulation princi-
paliy the Republic mine was sold. and the
War Eagle and other large transfers that
careful at the same time born Yankee.
He has the confidence OF many moneyed
men. and Is connected In many large I'M
dertakings with them in mines throughout
He Is well liked socially and has made
many friends in his numerous travels. He
left the camp In compan with MI Nc
Y. baudrey. of Montreal. is another man
rated in the millions who spent the greater
part OF the week here He looked the
camp over much TO his satisfaction. and
no doubt will invest heavily In connection
with others later on II 10 rumored he
will be associated with new combination
TO be formed shortly TO work certain prop
critics In . group.
c. F. Clou4h. rich Spokane mining man:
John F. Pfggott. a large Montreal broker,
and Capt. r. X. Green. OF Montreal.
These gentlemen are brokers Of Repub-
lie stock In the aforementioned cities. as
we'll as men OF means and have thorough
ly inspected the camp and bought some
properties or stock in the same, pretty
".
still In town and says he is satisfied 10
remain a while and enjoy the active min
ing life.
conferring with the Canadian people. and
a; the same time looking over the proper
ties in which he holds considerable stock
DIR. J. F. Reidy and Mr. Percival large
operators in mines in British Columbia.
Montana and Washington. are also here.
and contemplate several trips through the
district. as well as taking in the mines in
this immcdlte vicinity.
summit-RepuAlic.
This claim lies just north OF the Repub-
lie. and quarter OF a mile west OF town.
across Granite creek The work so far
has been confined principally TO tunnel
work which. from the formation of tho
mountain seems 10 be the mos; desirable
we'll located The tunnel has been GU, lis
feet TO the west, and then drtfted 10 tho
south and west 20 feet making the face
at present In SIS feet The Republic ledge
lead In being followed into the mountain
along the west wall. where strong s;reaks
OF orc are being passed. Superintendent
Easton came To the conclusion thai the
fissure vein could he found more definitely
good groupings Of the ledge showed 10,
and on sinking three feet some Ave feet
of taecomposed quartz was found which
on being asssyed. proved To carry good
valaee, shaft is being sunk on this spot
10 follow the lead 10 Al least a depth 81
iifty feet To determine the width Of the
vein and the exact ioca.s ana dip Of the
same. an upratse will cut The same
from the tunnel The shaft will not N.
permanent. 50 Will not be OF great depth
The surface quartz IL strong in iron por-
phyry and suiphiae and III the present
prospects prove as favorable as they now
promise high grade ore viii certainly re
encountered from tie tunnel Six inches
the width OF the vein Al the surface
where Il assase3 Ise and at the present
depth % eight feet there is a strosax vein
faleA .lsrtrT thrne fnes acr,es With "a air,