The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1901-07-12

An average OF seven assays from the
Buckhorn, on the Colville reservation
south OF Northport, wash, gives vaiues
of over S37 in gold. silver and copper.
On the twenty-third day of the ensu-
ing month the National Mining Con-
gres will convene d, Boise, Idaho, and
continue in session during July %, "a
and %.
The oil boom is fast taking hold OF
the country around Spokane. Oil rigs
are going 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 month or six
weeks some of the wells should reach
a depth where oil is expected.
The ship Dolphin arrived recently in
Seattle from Skagway with so passen-
gers and $500, 900 in gold. OF the latter
100000 was divided up between about
20 Klondikers.
The Bunker Hill & Sullivan company
has declared a dividend of Z cents a
share for July 1t will be payable to-
morrow This makes $1,2C0.000 in div
idends which has been paid by the old
Wardner mine
in the Occur d'Alenes, has declared its
regular monthly dividend of cents
a share, equL to $4,000. That brings
the total dividends of the company uI
to the enormous total of $2.3l5, 600. De
spite limited output the Standard
keeps on paying steady rrofits to it!
shareholders at its uniform rate.
In eNcavating for "A fume ON the Vel
vet mine on Sophie mountain near North
port, Wash, ledge was uncovered which
Is four feet wide and assays SO2 per ton
Two hundred men are employed on the
. Velvet.
J Important development work ha'
. been begun by the Mammoth and Bale
Mountain mining companies, in thu
-, Cracker Creek district, eastern Oregon
: At the Mammoth mine, near the BALI
! Mountain, 20 men are at work, and tn
, five-foot Bryan mill is running con
\ stantly. This property has $500 feet o
" development work completed.
From diggings supposed to have bee
worked out long age; from near tn
old town of Auburn, 10 miles south
- west of Baker City, Oregon, once tn
metropolis of eastern Oregon and
. years ago the richest mining camp l
= the state, with a population of 5000
- comes the news of the uncovering of
streak of fabulously rich placer grount
An important strike has been mad
:, in the Pierce district by Tom Wiki
20 son. NJ. A. Ellis and e. r. Mathews, {
a point about two miles from the Gre
n cent mine. The ledge is one foot wild
-. and a half sack of ore taken from II
surface yielded nine ounces in gold.
70 number of Pierce City people have vi
n. tied the strike, and repor3 the ore IL
~ richest ever seen in Idaho.
Judge Hallett in the United Stat
as court at Denver has rendered judgme
I'd in the case of the Mum brothe
he against the Ibex Mining company.
" it the plaintiffs may secure more thu
as 81 zoo. 900 from the owners of the min
in at Leadville. The plaintiffs claimed
n half interest in the Independence To-
ct of the Archer consolidation. The cou
1s- awards one-twelfth of the ores extra
ed and sold from the area in CONT
ks versy.
so The San Francisco police have ;
he rested three men, whom they char
TX with being members of a combinati
OF that has been operating in caste
mt cities with worthless mining sto
err, shares. This combination is said
tic have successfully operated in NJ
ere York, Denver ard Portland. The thr
go men arrested gave the names
Charles Gordon, II. G. Crosby and S.
ial Barton. The arrest was made on
at complaint Of Paul R. Lewis.
The
of SumDter fOreO Mines