The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1899-03-03
GREAT FUTURE.
Fortunes, He Says. Have Already
Bsea Made, and the Next Few
MentAs VIII Mean Thousanas for
Those who Are Willing to Invest

C. +. Clough, OF c. F. Ciough & Co..
one OF the most prominent firms of min
Ing brokers at Spokane. IS ar the Hotel
Butter. having come to Seattle on bust
ness Mr.. Ciough. who Is d man OF large
experience in mining matters, is as en-
thusiastic about the future of Republic
camp as any Of those who have seen the
rich things Of the district. and who have
seen the large amounts OF money made
In Spokane and at Republic within the
past few months.
There are many people at Spokane who
nave during the past few years made
from 100000 to $50o0oe In mines" said he
last night, and there are many who have
made fortunes in Republic mines within
very short time. There are hundreds Of
persons who own interests in claims and
prospects there which will in time develop
mo ois diY1,diend-paying properties, and
they, too. Will be wealthy.
but Republic Is new. The time 10 get
IN !s now. Don't wait until the mines be-
come dividend payers and the stocks are
away up IN price. There Will be no chance
then To make money except through the
purchase OF stocks for their dividends.
Money must be made from the specula-
tion- The movement OF prices is upward
that is the whole tendency of the camp
Mines are undeveloped. AS one is discov-
eted and Lodges traced the price rises By
the time these prospects become dividend
PAYERS the stock will be away up.
Now N my opinion. there are at least
ten claims which will develop into diyi
o., rehd-pa&lrs properties during this year
IAey merely need machinery TO get out
anu to reduce the ore. That is being put
III as rapidly as possible. You know IL
must be thoroughly understood that the
transportation facilities TO RepubiIe ara
very poor. and II is expensive To haul i'm
MINING machinery. Goods must be taken
10 iorty miles over the snow on s.eds from
astsers. rails. a very difficult trip, or
taken from Marcus north to Grand Forks
ara then south to Republic. eighty-fiye
mhes, which is also a very hard trim
onaer these circumstances 4 costs money
ara Tine 10 get IN machinery AT the
present time the snow makes the roads
almost impossible.
But Notwithstanding these difficulties
the Mountain Lion people already have
part OF their machinery in and viii soon
nave 1t Ia operation. The owners of SAN
Poi Weuid put in a mil but they have
gwen an option 10 Toronto capitalists who
nave made an investigation and are now
considering whether they will purcha So
the mine; Should they do SO they viii
unoouotea.y put in machinery at once.
III they DO not take the mine the present
owners will put in the machinery
II Is understood that Patsy Clark will
soon put cyanide mill IN the Lone Pine
II is q well developed property and there
''One thing which the camp does need
S custom mill which would be well pa
5ron!zed BY the claims that are being de-
Yeioped. These c. ans do not warrant the
expenditure OF sufficient money TO secure
mills and they could not get them with
out heavy assessments OF stock. Without
being able TO reduce the ore Their devei-
upment IL thus greatly retarded A Gus
tom mill would be a magnificent thing eor
The progress OF the camp. There are two
Butte mining men. Messrs. Casey and
Turner. who have said something OF put
ing in such mill. bat nothing has been
.ione yet. 1t would be good investment
Tor any one.
THE Republic mine machinery is said
TO have cost 100000 il may be seen
Low expensive such improvements are and
Republic needs eSe en- more machinery than
IL has now"