The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1901-05-24
MINING NOTES.

A strike of free milling quartz has
been made in the range of low noun
tains three miles east Of Latah, Wash.
near the Idaho line.
Never was the world more conscious
of the great truth that the mining in
dustry is in its infancy.
The American Refining G. Smelling
Company has filed a certificate with
the secretary of state of Colorado. in
creasing its capital stock from $685.
100000 to $100,000000. The fee for
filing the papers was $4,000.
Vice Chancellor Pitney. in court in
Jersey City, has announced that he will
dissolve the temporary injunction
against the carrying out of the pur-
chase of the Boston & Montana and
other companies by the Amalgamated
Copper Company.
Word from Grangeville is to the eff
feet that Finch & Campbell have re-
duced the force on the Blue Jacket
mine on Salmon river because of un-
satisfactory results that have followed
explorations below the second level A
small force of men is still working I'M
der the superintendency of F.. e.
Johnesse.
There is 100000 worth of ore
above the 100 foot level in the Kendall
group, and in three months the mine
should begin paying dividends at the
rate of $4,000 month. Such Is the
announcement made by H. T. Kendall.
OF Lewistown, Mont, who has just sold
the group of four claims to Finch &
Campbell of Spokane.
During period of 10 years, or from
1882 to 1900, the mines of the Butte
camp have produced in gold, silver and
copper a total of $544, 102,164. This
enormous value has practically origi-
mated in Butte, the greater portion of
the production having been restricted
to small area, not exceeding two
square miles in extent.
Arrangements for building the pro-
posed smelter at Weiser, Idaho, by
Lewis Hall, president of the Pacific &
Idaho Northern railway, have been
completed. The site chosen is at the
mouth of the Weiser canyon about
eight miles from town. The plant will
handle ores from the Seven Devils and
will draw supplies from Baker City,
Sumpter, Mineral and other points.
There is much excitement at Silver
City, Idaho, over a discovery of rich
gold ore in what is called the Billion
claim, only half mile from the post
office. Rich float has been found on the
hill for years, and much prospecting
has been done for the ledge. This now
seems to have been found. 1t shows
a stream of ore eight inches thick, that
is fabulously rich.
There is a common remark among
certain class of mine owners that they
are perfectly Indifferent to eastern cap
ital. This seems too idiotic for com
ment. The more capital and men we
get interested in our mines the better
it is for the west. The only trouble is
that eastern investors are not buying
mining interests with as much enthusi
asm as we would like them.
Today Cripple Creek, Colo, stands
foremost among the gold-producing dis
tricts of the world. 1t is but six mile:
square, but in that limited area are tt
be found the deep shafts and the rich
est mines of gold. In 1891, following
its discovery, the camp produced bu
100000. The output this year will
: exceed $25,OOO0OO. The total outpu
/ for the decade in round numbers i:
) $11O,000,000
= The Montana Mining & Develop
ment company, which has just beer
! formed with a capital of $10,000,0 900
has filed articles itsnr,o jta isoSa en-
| has filed its articles of incorporation
l at Spokane. The officers for the mex
e six months will be: President, A. M
!. Hotter of Helena, Mont. vice presi
. dent, Fred H. Mason of Spokane; sec
i ond vice president, w. G.. Conrad o.
r Montana; secretary, Pliny Daggett Of
Spokane and treasurer, M. M. Cowley
, of Spokane.
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