Cottonwood report. [volume] (Cottonwood, Idaho) 1893-1901, 1899-02-17
MINES AND MINING NEWS
OUR NORTHWESTERN MINES
I,sms Cleaned From the Late Reports
All Districts Are Being Developed
Prosperous Year Is Predioteo-"S
Notes and Personals


It has been estimated on good autho,i'y
that the output from Ymir VIII De cioSe
nm 600 tons for the month OF February
from the six shipping mines, VIZ: imf'
Dundee, Porto Rico, Tamarac, biackcocA
and Fern. In the summer there VIII also
have to be taken into calculation the
Fairmont, Bullion, Wilcox, big horn
(Simcoe) and Union Jack, all OF whlch
will he shipers. Ymir's future looms out
very brightly, as big interest VIII be TAX,
an in the camp as soon as the news
reaches London.
lutte to Buffalo Hump.
There is considerable talk among local
miners and prospectors about the Bur
falo Hump country and there Is certain W
be a small exodus from Butte IN that III
rection when the winter is little further
gone. Most of them will try to get IN
before the snow is off the ground, as II
is comparatively easy travelling to the
almost impossible mud which comes
! later.
U. S. Gold Imports.
The U. S. gold imports for the year
1898 were S,O36,252 and the exports
Sl6,l94,954, or an excess of gold imports
in 1898 of Sal, S4l ,29S, as compared with
an excess of gold exports in 1897 OF $780,
500. The silver imports for the year 1898
were $29,O29724 and the exports $53,19l'-
lO4, an excess of silver exports OF ga
1877 $50, as compared with an excess Oh
silver exports in 1897 OF $25.57S,99O.
RostOn & Montana Dividend.
The Boston & Montana company will
reach the $lOOOO,OOO dividend mark be-
fore spring. Last Friday the directors
declared regular dividend of 81 per
share, payable Feb. 20, to stockholders Of
record Jan. "a. This last dividend brings
the total dividend disbursements Of this
company up to the magnificent sum Of
$9,s75, 900. At the present price OF cop
per it is calculated that the company viii
pay $24 per share this year. In 1893 thu
company paid $40, and expended large
SuLl III improvement
The Sullivan Strike.
News came in that an unlocked TO-
strike was recently made on the Sullivan
group properties at Fort Steele, B. c., dis
closing big ledge of galena carrying cop
per and gold. 1t has not been determines
yet by assay the relative quantities ant
values thereof, but the principal stock
holders are laying low and are quietl,
gathering up all the stock they can find
There is no treasury stock now on tn
market. Some of the largest stockhold
ers, amongst whom are Col. VIM. Rid
= path, Frank Hogan, George Turner an
Ed Saunders, say that they would nc
part with their holdings at anything les
than par-one dollar per share.
The Big Buffalo Ledge.
The ledge on the Big Buffalo is said
be 40 feet wide and 80 feet of it will ave
age $50 per ton, while 10 feet will 60 Sc
A mill test of the ore taken from a Il
foot hole sunk about the center of Il
: ledge made at the Banner mill in Flo
: ence plated $40 per ton in gold. The col
centrates were shipped to Tacoma and Il
return was $2747 in gold and sixty ounc,
: silver per ton. At Murray seventee
, property transfers were placed on IL
county records last week. OF these 81
were for the nominal consideration of
each, but the total of the seventeen WI
) $l6,625 49, The Occur d'Alenes are
well covered with old surface Location
that there has been little room for tt
u tunnel site man to get in his work, ar
claims of that nature are seldom recorde
R. H. Britt, Mgr. Poorman mine at Silv,
Il City, says the outlook for the Poorman
brighter than it has been for years, al
= will soon again be steady producer. TT
: mine has been thoroughly developed.
a depth of 900 feet, $50 feet below the O.
> workings, vein Alto 5 feet wide WI
= encountered. From this $50 tons of hig
: grade free milling ore was extracted ar
: milled last year while the developmel
proceeded.