Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1900-09-08
MINING NOTES.

Inc plg smeltlng plant at the La Mo-
mines in northern California, will NJ.
be ready for work before January
next. -
A new railroad and smelter for p.h
er City, Or, ore are the latest project.
that have awakened this camp into
about the liveliest conditions known ~
ten years.
What is believed to be one of The.
best gold strikes ever made in the Raj
sley-Elkhorn district, which lies abont
16 miles to the northwest of Baker Civ
was discovered a day or two ago NV
jeff Boyle and his chum, Howard The
strike was reported here yesterday nv
Mr.. Boyle. 1t was made on the Ba'
ley-Elkhorn and Pocahontas Belle
mines.
An erroneous impression prevails
concerning the life of districts and
cities founded upon mines producing
precious metals and copper, the public
generally entertaining the mistaken
notion that there is no permanancy to
such communities. This impression
has been formed from the fact that
scattered throughout the mining states
many little towns have sprung I'D, has.
ed on the fame of uncertain realities
of a single rich mine, which towns, aft.
er shining for brief time like me-
teors, have faded from the view of the
press and public, though they may con.
tinue to exist for years as thriving lit.
tie villages. Bue it is different with
the great mining cities. Capitalists
who are now sending large sums to be
invested in mines, do not send men to
mining district with pacard on
their backs stating, in substance, II
represent millionaires who want to buy
mines" Rather, they employ men of
discreet tongue and behavior who
know how to get "up against the real
thing"-a truly great mine.
1t is reported that petroleum has been
found on spring water short distance
above Northport, and the ground is to
be prospected with a diamond drill for
more OF the stuff.
The accountants department of the
Standard mine is to be moved from
Wallace to the Office of Finch & Camp
OClL III CpOhduC. HIS Will UU6du luC
transfer of two of the Wallace staff to
that city.
The crOsscut tunnel on the Fortune
on Buffalo Hump is reported to be with
in few feet of the ledge Work was
being pushed forward in anticipation
of this, and the strike is expected to be
made within a few days.
Cipoa Tbop,oc clad h ic eTit
at Butte against the Boston & Montana
company for 100000 for his services
as receiver for their properties people
have been wondering what valuation
the Boston & Montana company would
put on his services. They found out
this week when the company filed its
answer and objections, stating that his
services were worth an even $50, and
that his assistant, who wanted $4,000,
earned 500. They admit that Kinds
took possession of the properties on
April Sth and kept possession until
April 13, when the supreme court made
him give it up, just six days. The
company also denies that Mr.. Kinds
life was at any time in danger. Their
answer is decidedly crushing, and they
handle Mr.. Kinds without gloves.
Will some croaker or cent per cent
money loaner who thrives on the ready
circulating money of a mining camp.
and who is everlastingly cautioning
people to beware of wildcat mines,
have the good grace to define the term.
Let him do so and every condition he
applies will be met by producing
great mine which, at one time, posses
sed the alleged attributes. Is mine
wildcat" because the stock in the
company owning it is selling at NOM
inal figure? If so, then the Granite
Mountain was wildcat" for its stock
sold for less than 10 cents share, yet
it paid over $13,000,000 in dividends,
and is still being proftably operated.
Iron Mountain was sold as low as
cents and has paid over half million
In dividends. These mines were once
only prospects with ten-foot holes, ana
so was every other great mine. The
fact is wildcat" is only such when
time and development show it cannot
be made a mine and yet it may, as a
prospect, have had great promise anu
worthy the expenditure made in an
effort to make a mine.