The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1901-02-09
BRITISH COLUMBIA.

Lucien Weigl. manager of the Chap
leau, states that a cyanide plant will
be put in at the property TO treat the
tailings from the mill.
Word has been received from E. ].
/ Roberts, who is interested in the Brook.
| Ign and Stemwinder group at Phoenix,
that big strike has been made on the
| Brooklyn claim. and that a large ore
| body has been encountered on the
Stemwinder. The ore body on the
Stemwinder was encountered on the
2O0-fOOt level and is reported to give
promise Of making the best on the
claim.
On the Green Mountain at Rossland
the diamond drill has been kept stead
lily at work for the past month and Dor
ings have been made In different direc-
tons. On the 800 foot level one boring
is in $50 feet and at the end ore Of a
pay grade was encountered. The ore il
copper gold and similar in many res
poets to that Of the larger mines Of the
camp. The management regards the
find as an important one.
The new Goldfields syndicate Of Lon
don, England. has taken a bond on two
groups Of claims near the Sullivan
mine at Kimberly. The general opin-
ion is that the new company will com
menee extensive work in the spring.
In fact the terms Of the bonds are that
work must commence by May l and
continue during the life of the bonds.
The new Goldfields syndicate owns the
Velvet mine and other properties on
Sophie mountain, near Rossland.
During last year 1880 shares Of the
British Columbia Copper company's
stocks were sold on the New York
stock exchange at prices ranging from
S8.25, which was the lowest quotation,
reached In January, to $21.25, the high
est, reached in December. Sales on the
Boston stock exchange totalIed 44,613
shares and quotations varied from
1888 to Splits. The par value of the
shares is S.. The company owns the
Greenwood smelter and the Mother
Lode mine in Deadwood camp.
Two deals Of importance have Just
been put through at Sandon, making
three this year. The two just complet-
ed involve the Ottawa, on Springer
creek, and the Myrtle group, in the ba-
sin at the head Of Twelve Mile creek.
Both were put through by ]: W. viii
liams for his brother, J. NJ. Williams,
representing English capital. The well
known Ottawa claim was secured for
$4,000. The deal is in the nature of
working bond. running for twelve
months. The first payment falls due in
July and the balance next January.
The st. Eugene concentration at
Moyie has started up al full force
OF men is again employed. The com
pany has signed contract with a firm
in Antwerp. Belgium, which will last
for several months. The concentrates
will be sacked and the shipments will
he I'D to the full capacity Of the mill.
Before the shutdown the company had
275 men on its payroll and fully this
number will again be employed. There
is little doubt that by the time this con.
tract Is finished the difficulty between
the American smelters and the Cana,
dian Pacific will be settled and another
will be avoided.
A complete settlement has been
reached out of court between Alexan.
der Mckenzie and the defendants in
the suits over the mines for which Nc
kenzie was appointed receiver by Unit.
ed States Judge Arthur H. Noyes Of
the district of Alaska in viii. h proper.
ty valued at over $4,000, 900 is invoIy.