Kootenai County Republican. (Rathdrum, Idaho) 1899-1903, 1901-07-12
continue in session during July %. "A

and Is.
An average of seven assays from the
Buckhorn. on the Colville reservation
south Of Northport, Wash, gives values
OF over $37 In gold, silver and copper.
The oil boom Is fast taking hold OF
the country around Spokane. Oil rigs
are gong up all the way from Whit
man county clear to British Columbia.
Work is being pushed as fast as the
drills can be sunk. In a month or six
weeks some Of the wells should reach
q depth where oil Is expected.
The ship Dolphin arrived recently in
Seattle from Skagway with so passen-
gers and 100000 in gold. OF the latter
$500, 900 was divided up between about
20 Klondikers.
The Bunker Hill & Sullivan company
has declared a dividend of cents a
share for July. 1t will be- payable to-
morrow. This makes 1,2C0, 900 in div
idends which has been paid by the old
Wardner mine.
The Great Standard mine at Mace,
in the Occur d'Alenes, has declared its
regular monthly dividend OF 5 cents
share, equal to $4,000. That brings
the total dividends of the company up
to the enormous total Of $2.315. 900. De-
spite limited output, the Standard
keeps on paying steady rrofits to its
shareholders at it's uniform rate.
In excavating for fiume on the Vel
vet mine on Sophie mountain near North
port, Wash, a ledge was uncovered which
is four feet wide and assays $62 per ton
Two hundred men are employed on the
Velvet.
Important development work has
been begun by the Mammoth and Bald
Mountain mining companies, in the
Cracker Creek district, eastern Oregon.
At the Mammoth mine, near the Bald
Mountain, rs men are at work, and the
five-foot Bryan mill is running con-
stantly. This property has $500 feet Of
development work completed.
From diggings supposed to have been
worked out long age; from near the
old town Of Auburn, 10 miles south
west of Baker City. Oregon, once the
metropolis of eastern Oregon and 20
years ago the richest mining camp in
the state, with a population Of 5000,
comes the news of the uncovering of a
streak Of fabulously rich placer ground.
An important strike has been made
in the Pierce district by Tom Wilkin-
son, M. A. Ellis and e. r. Mathews, at
a point about two miles from the Cries.
cent mine. The ledge Is one foot wide.
and half sack of ore taken from the
surface yielded nine ounces in gold. A
number Of Pierce City people have Wis
tied the strike, and repor:: the ore the
richest ever seen in Idaho.
Judge Hallett in the United States
court at Denver has rendered judgment
in the case of the Mum brothers
against the Ibex Mining company. BY
1t the plaintiffs may secure more than
81 100000 from the owners of the mines
at Leadville. The plaintiffs claimed a
half interest in the Independence lode
Of the Archer consolidation. The court
awards one-twelfth of the ores extract
ed and sold from the area in contro-
versy.
The San Francisco police have ar
rested three men. whom they charge
with being members of a combination
that has been operating in eastern
cities with worthless mining stock
shares. This combination is said to
have successfully operated in New
York, Denver and Portland. The three
men arrested gave the names OF
Charles Gordon, H. G. Crosby and S. A.
Pa rfOn Tho orrocf uoo n, odo m RI a
complaint Of Paul R. Lewis.
SuMpter (Ore.) Mines.