The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1900-01-18
IN THE NORTHWEST CAMPS.
Record of Discoveries, Develop
ments, Dividends and Sales.

The 3. c. mine in Summit camp, owned
by the B. G. Chartered Company, limited.
Of Montreal, with registered capital of
50, 100000. is stated to have 100000 Of ore in
sight and on the dump.
K x <
The Big Horn tunnel at Ymir Is ap-
preaching the 100-foot station, and is prob
ably in half way to the ore body. There is
shaft on the dump, some Of which assays
over $500 per ton.
XXX
Ernest Mansfield has gone to Kaslo to
arrange with w. L. Boie for the purchase
in cash of the Green Lakes. Twin Lakes.
Crescent and Capes, a group of claims in
Camp Mansfield, bonded two months ago.
The bond was for $4,000 and $4,000 has al
ready been paid on It The properties have
XXX
In August, 1898, the first quartz location
was made in the Buffalo Hump country.
and since that time there have been over
500 claims filed for record In the district.
prior to January ], 1899, when Frank Brown
and associates commenced long tunnel
on the Jumbo and the Buffalo Hump SYM
dictate started operations on an extensive
scale on the Big Buffalo group.
x x K
The Minnehaha, Camp Mckinney, is
working two machines steadily In good ore.
They are raising on the vein from the No.
l.
from the 20O-foot level will be shortly re-
sumed. On account of the scarcity of skill
ed mechanics 1t will probably be six weeks
yet before their mill is completed and
ready to crush ora The mill Is a ten
stamp one.
The new 150-horse power electric hoist
on the Josie shaft Rossand, is working
in a manner that is pleasing. to the man
agement The shaft is now down 500 feet,
and this hoist has a capacity sufficient for
a depth of 1000 feet. The intention is to
take up the development work on the 300
for the purpose of installing the hosting
apparatus. Further on the shaft will be
deepened to the l,0oo-foot level.
X x x
The Copper Bullion people recently
crosscut their ledge, near Nelson Wash,
and encountered over six feet of good
shipping ore. The ore from the mine will
likewise be shipped to the Grand Forks
smelter, for treatment. and as it carries
high values in gold. silver and copper. with
a good per cent. Of lead, it Is sure to be-
come dividend paying proposition. The
Copper Bullion was one Of the very first
claims staked in this part of the reserya-
ton.
The three deals filed for record at Wal
lace, Idaho, conveying the different inter-
ests in the Black Bear and Yankee Doodle
lodes and the Black Bear concentration to
Peter Larson and Thomas L. Greenough,
showed the consideration was $4,000. but
they bore 800 in revenue stamps, indicat-
ing that the actual consideration was $780,
000 As a rule the larger mining deals
name a nominal consideration, but the rev.
enue law furnishes a means OF ascertain
Ing the actual amount of cash involved in
the transaction.
x X x
Under the plan OF organization as agreed
to. the stock of the Northern Belle, Ross
land, is assessable UP to 10 cents with as
sessments at intervals of three months No
call is to exceed 1 cent per share The
company now has 5000 in the treasury,
and 1t is expected that the first assess
ment, which will be made in February, will
provide funds enough to carry ON acuya