The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1900-12-28

ter company has signed a three years
contract to deliver monthly 700 tons
of copper matte to New York, and 200
tons to Liverpool. Mr.. Graves was re-
ticent as to values, but being pressed, !
stated that the filling of these contracts |
would reach a yearly total of from |
81 500. 900 to $2,000.000. He confirmed !
the rumor that the CRANKY smelter, the |
Knob Hill, Old Ironsides and Grey Ea-
gle would be amalgamated early in the
new year, the new company to be
known as the CRANKY Consolidated
Mining Smelling & Power Company.
with capital of SIS, 000.0 900, $4,000
treasury and $12.500,000 allotted pro
rata to the shareholders of the four
companies above named. Mr.. Graves
also made the important announce
ment that the enlarged company would
probably pay dividend as soon as re-
organization is completed.
PATENTS, Regular
A few days ago after pumping stead
lily for five days the water was taken
out of the Brooklyn mine and the com
pressor is now running and develop
ment being prosecuted. The Domin-
ion Copper company is the owner of
these properties, and already has about
as men at work This force will be
largely augmented as soon as room can
be found for the additional men. 1t is
said that the company is figuring on a
largely increased capacity for its ma
chinery plant to be installed some time
in the coming year.
BY reason of the delay of the arrival
of machinery there is little hone of see
ing the Greenwood smelter blown in
before the end of January next. cThe
machinery that has already arrived is
being rapidly assembled. and Paul
Johnson manager of the smelter de-
partment of the British Columbia Cop
per company. is busy experimenting
its installation
The Mother Lode mine has sent down
to the smelter 4440 tons. and by the
time the plant is ready to commence
operations there will be an abundance
of ore ready for treatment.
The winze on the drift of the Water
loo. in Camp Mckinney. was down
nearly 80 feet at last report, and very
considerable further improvement in
the quality of the ore has been shown
according to reports at the Office of the
company The showing in the bottom
of the Wine is remarkably fine an(
it assures a large and rich body of ore
It is probably that the sinking of the
permanent working shaft through thu
stope from the old working shat
through the stope from the old drift
Twill be commenced before long.
John Dorsey of Grand Forks, during
his recent visit to Chicago, organizes
a development company, which ha
, just bonded two well known Sunni
camp properties, the J. S. and the Blu
Bell. The former is owned by Jane
FARRELL and Henry Smiley. The am
cunt of the bond on it is $27, 900.
The mining possibilities of the Smi
I kameeE district in British Columbi
are probably as little known as thos
of any district of equal promise in tn
northwest. The district has long bee
isolated by lack of transportation fl
cilities, and what development has bee
done, of immense Importance though
has been comparatively little heard O
heard of
1t was decided recently at a meetin
in Nelson of the shareholders of the e,
. chequar Gold Mining company, Unite,
= for to accept the offer of the Athaba
: ca Gold Mines limited. for the Exchet
uer group on Mourning Mountain. I'll
basis on which the sale was effecte
was that the capital stock OF the Athi
basca be increased by 10000 pound
: the vendors of the Exshequer to receis
= this stock in both properties in pa
!, ment fer their interest in the Excheque