The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-11-13
BOUGHT BY SEATTLE MEN.
Local Capital Invested I'm the
Cracker Creek District. East-
ern Oregon.

Special Dispatch TO the Observation-Disclosures
BAKER CITY. Or. Nov. 12.-c. II. Fen
last Thursday and left next day. passing
through Baker City on his way TO Idaho.
He made two mining deals while in Sc
attic, and expects to close another one
In Idaho. The immediate purpose OF his
trip to Seattle was TO sell the May Bell
in Cracker creek district. This property
was examined recently by Nick Rude
back for Henry Hewitt. 1r The sale was
made through the recommendation Of Mr..
Rudeback. but Mr.. Hewitts name does
not appear. The purchasers are several
business men OF Seattle headed by A. w.
Frater. receiver OF one OF the banks there.
MFR. Fenner says that Il was cash sale.
This property Is said TO be one OF the
strongest veins In that locality,
Mr.. Fenner has also hoated the Oregon
group In the same locality. o. II. Dahl.
OF Seattle. Is the leading spirit In this
transaction. company will be incor-
porated. the stock offered. and develop
early date on this property. MIR. Fenner
said to the acknowledgement correspon-
dent before leaving for Idaho Friday
Seattle is enjoying prosperity. II any
city is. The people seem TO be industrious
and are looking for good investments. a
fact which proves that there IL ample
capital in that city When ! was there the
election was on. but this did not cut any
figure when II came TO make a mining
deal with the business men"
Considerable Interest Is being taken in
the several districts between here and
the Seven Devils. Activity Is reported
In the several camps In the Copper dis
trict ana numerous inquiries are being
made regarding this district as 10 whsth-
er u VIII he paying copper locality.
tween mining men who have visited this
section As vet the mines now IN opera
ton are merely Developments aud no.
producers. and II will take some tine
yet 20 determine the value Of any % the
mines being worked in that section
Al a recent meeting az the Union Cold
Mining Company. whose property n SIT
aAted IN this copper district. the direct
orx decided 80 increase their force during
the winter months. The Developments -
far MADE show Increase in value as depth
Is attained The question which confraut~
the mining men interested IN this par
ticnfar section - the facilities for trans
portA,ion 81 their ore. but II Is believed
that there is surclent capital seeking in
vcstFneut and that the projection ~ a
railroad from Baker city 10 the Seven
Devils country viii be contaminated and
the road placed ta operation within the
next year II this Is Zone Il will open up
a large AREA OF properties watch are al
the present time lying idle and unaevelop-
ca.
matter Of considerable inseres, TO
Sumnter and the surrounding district "a
the fact that copper has been struck in
the tunnel Of the Grizzly property owned
by the Grixxlv Gold Mining Company
The body OF the ore uncovered is LARGE
with copper values evenly distributed
The average ASSAYS give returns OF per
cent. copper In addition TO gold and silver
values. With greater depth the values IN
gold silver and copper necessarily in
crease II the opinion may be formed from
the history OF the surrounding mines.
IL has been reported In the streets az
this city. as wei as in Sumpter for some
time. that the Golconda mine had been
sold 70 Eastern capitalists for little
over 81 900 600. and that the senior English