The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1899-02-18
MINES AND MINING NEWS
our NoRrHwEsrERH MINES.

Items Cleaned From the Late Reports
All Districts Are Being DeveIopsd-A
Prosperous Year IL MISUNDERSTANDING
Notes and Personals.
The relative dissolying powers Of differ
emit gold solvent solutions is given by
some metaliurgists as follows: Chlorine,
/ per cent solution, II hours, 40 per
cent; bromine, per cent solution, II
hours, GAG per cent; cyanide, per cent
solution, II hours, 0.57 per cent-60 de-
gress Q. in each case.
vaIue of Gold.
Gold $50 fine Is worth SIS so per
ounce; 500 fine, SIC 90 per ounce; $50,
ST. 81; s75, SIS Os; 300, SIS 60; go,
$40 OF; $50, $40 p; 80, 1898 $50,
$40 .G3. The San Francisco mint charges
for neeoinage is 81 per 1000 ounces.
Montana OaIpaf.
The metal output Of Montana shows an
increase OF x3y076y0O0 for the year 1888.
In gold the output was $4,000 fine
ounces, silver I7,2OO.OO0 fine ounces, cop
per 240,O00yO00 pounds; lead 1900 900
pounds. All the metals show an increase
excepting lead, which fell of $4,000.
Gold and SILVER Ontpat.
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 q single sentence in which
he says: Thus, the United States and
the British colonies, 70 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 % per cent Of the gold Of
the world, and over 81 per cent Of the
silver.
Erie. n. G., 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 a good price. The Hastings people
have placed machinery on the property
and developed to the 3OO-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 SO to $50
In gold, and few ounces in silver, picked
assays running as high as S2,9G7 per ton.
Gmtr District.
There has been q 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 deyel-
opfnent 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
S00-fOot level, where il is Is feet thick.
The Montana shaft is now down 65
feet and a splendid body Of solid ore the
fun width OF the shaft has been struck.
Development work is being vigorously
carried ON.
The shaft on the Evening Star tFair.
mont Gold Mining company is now
down about IS feet Assays from the
recent strike were eminentiy satisfactory.
This company will be shipping as soon
as snow melfs.
The largest stamp mill in British Co
lumbia-40-is believed TO be that at the
Ymir mine at Ymir.
Boom In Copper stOcLa.
A Boston correspondent Of the Hartford
Times writes; While the improvement in
the value Of shares in the western rail.
roads has reflled 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 hy
promoters Of copper mines, and one big
one-that Of A. S. Bigelow, who is now
rated to be worth sl0,0OO.O 600. He inner.
tied his copper interests from his father
and has greatly smplified them. Thomas
w. Lawson is the broker whose name il
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 has also gained
notoriety from the proprietorship Of tho
Mrs. Lawson Pink" about which 30 much
has been printed. Mr. Lawson is build.
ing home on a splendid estate in Win.
chester, on which his investment is nun.
ming up into the hundreds Of thousands
I hear the names Of good many "new
rich" young men who are beginning to bS
known in the financial world, but the
Nance Of Bigelow and Lawson overtoE
all others In the copper speculation.
E. NJ. Baeon's interesting weekly, Time
and the Hour, says in its current issue
in the hearing before the taxation com
mittee Of the Massachusetts, legislaturV
on Thursday, the interesting fact wa,
brought out that the promoters Of the
Calumet and Hecla mining company. on
an original investment Of $3.50, 600
about 50 years ago. have brought bach
into the state $4,000 900. The market
value Of the stock today is S7s.0Oo, 900
Who shall say that Massachusetts, doe
not prosper by its enterprise In investing
in foreign cOrporationst"
MINING NOrnA.