Adams County news. [volume] (Ritzville, Wash.) 1898-1906, 1899-02-15
MINES AND mining NEWS
OUR NORTHWESTERN MINES

Items Cleaned From the Late Reports
All Districts Are Being DevelOped-A
Prosperous Year Is Predicted-Mining &
Notes and Personals.
The relative dissolving powers Of differ
ent gold solvent solutions is given by
some metallurgists as follows: Chlorine
cent; bromine, per cent solution, II
hours, 6.46 per cent; cyanide, per cent
solution, II hours, 057 per eent--60 de.
gress c. in each case.
Value Of Gold.
Gold $50 fine is worth SIS so per
ounce; 500 fine, Sl6 SO per ounce; 500
$l7 81; s75, SIS .OS; 300, SIS 80; 92O,
$40 .0l; 9ov, $40 %; $40, $40. 43; $50,
$40 49, The San Francisco mint charges
for recoinage is 81 per 1000 ounces.
Montana output.
The metal output of Montana shows an
increase OF S3,O76,0OU for the year 1898.
In gold the output was 252,O00 fine
ounces, silver l7,200,O00 fine ounces, cop
per 240,0O0,O00 pounds; lead 22,000,OOO
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 half 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 90 per cent of the gold of
the world, and over 50 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 300-foot level, where
they are stoping 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 $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 smeter
is almost completed.
On the Union Jack group steady devel,
opment work is being carried on, and
shipping will be commenced az soon as
the snow melts.
At the Dundee mine the main shaft is
now down to the 1858 foot level. The
drifting ON ore is being carried on at the
200.foot level, where it is Is feet thick.
The Montana shaft is now down 85
feet and a 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.
A Boston correspondent of the Hartford
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 $l0,000,0O0. He inher-
tied hin copper interests from his father
and has greatly amplifed them. Thomas
w. Lawson is the broker whose name is
most frequently mentioned in the papers
He advertises good deal, publishing
long statements on the first pages of Bos-
ton newspapers about the business he is
interested in. Latterly he Las also gained
notoriety from the proprietorship of the
Mrs. Lawson Pink" about which so much
has been printed. Mr.. Lawson is build.
ing home on splendid estate in Win.
chester, on which his investment il run.
ming up into the hundreds of thousands
/ hear the names Of good many new
rich young men who are beginning to be
known in the financial world, but the
names Of Bigelow and Lawson overtop
all others in the copper speculation.
z. NJ. Bacon's interesting weekly, Time
and the Hour, says in its current issue
"In the hearing before tine taxation com
mittee Of the Massachusetts, legislature
on Thursday, the interesting fact was
brought out that the promoters OF the
Calumet and Hecla mining company, on
an original investment of $l,250,O00,
about 80 years ago, have brought back
into the state $55.O00,0O0. The market
value of the stock today Is S75 900 600