The silver blade. (Rathdrum, Idaho) 1895-1903, 1902-08-15

Montana Ore Purchasing company. OF
Butte, Is the latest to be closed down
on account OF litigation.
The consumption of pig iron per
capita in the United States, according
to the annual report of the Iron and
Steel association. shows an increase in
81 years from GIG to 464.4 pounds per
capita.
It is reported at Elk City. Idaho.
that r. A. Sims of Palouse City has
started development work on the prop
erty Of the Tamilipa Mining company
near Orogrande. William Hogan sayf
that the Crooked River Mining & Mill
ing company's stamp mill at Orc.
rande will be ready for operating In
three weeks.
After negotiations extending over
several months, rich copper mining
property on La Touchre island, in
Prince William sound, Alaska, has
been bonded to New York capitalists
for 100000.
Mining and milling ore at the Ken
dali and Barnes-King properties in
Montana Is going on with uninterrupt-
ed rapidity these days, and many valu-
able gold bars Is the result, says the
Kendall Chronicle.
The 100-stamp will which was to
have been erected on the Dewey prop
erty In the Thunder Mountain district
will not be erected this year, as It can.
not be- taken in to the mines until the
wagon road is completed.
Articles Of incorporation were fled
recently by the Nicola Coal Mines, Ltd.
The capital stock is fixed at 1900, 900
shares Of 81 each par value The trus-
tees OF the company are s. A. Hart.
man Of Tacoma, John Kerr of Greens
burg. Pa: John O'Connor, J. w. Nc.
Kune, John F. Firch. w. r. Hales and
Fred e. Baldwin, all of Spokane.
A syndicate, known as the Kimber-
lyBuhl syndicate, headed by p. L.
Kimberly, of Sharon, Pa, who has
made three or four fortunes In iron,
has at last succeeded in tieing up all
the iron mines near Cedar City, Utah.
John L. Jones, of Iron Mountain, Mich,
one of the best experts in the iron bus
mess, has just completed an examina-
ton Of the property and declares it is
the biggest thing going.
Nearly 5000 people have landed In
Nome since the opening Of navigation
but there is not much evidence of ad.
dition to the population of the town,
and the saloons and gambling houses
are complaining about the dullness of
business. Aside from the fact that
merchants are filling big orders for
the creeks, there is not much more &C.
tivity in Nome than there was last
winter.
G. B. Dennis. president Of the Old
Dominion Mining & Milling company,
under whose management the Old Do
minion mine near Colville, WASH, was
developed, is authority for the state.
ment that he has. on behalf of his COM
pnny, signed lease covering period
If three years to w. F. Kyle of Mime
apolis, Mimi, who, together with his
also Of Minneapolis, will
the development Of the mines
along the same lines as laid down by
Mr.. Dennis and by Professor King,
low deceased.
The occurrence of explosive gas in
mines is very rare, but
there are instances ON record at Pen.
zance, Cornwall, where in tin and lead
mines the rock, when freshly cut,
gave OF volumes of gas. It has also
been noted In opening up old levels
that have long lain under water.
Neil ]. Sorensen has sold the Max.
we'll mine, in Oregon, and adjoining
claims to an Eastern syndicate for a |
said to be $145, 900, a |
portion Of which was cash. The prop.
erty consists Of more than 20 claims,
many of them carrying considerable |
development. It is said that extern
sion work will be done on the prop
erty.
DR.. George H. Slower, president of
he Union Coal & Coke company,
which owns the mine at Bowen, COL,
IN which an explosion occurred last
week, killing IL miners, received ad.
vices from General Manager Bowen
70 the effect that the damage to the
mine Is not SO great as indicated in
press dispatches from Trinidad. DR..
Slower was informed also that the
powder magazine at the mine did not
explode and that the accident was
caused by windy shot in one Of the
side entrances.
John q. Searles, the bankrupt New
York millionaire, has another fortune i
in sight. After recently having been /
from bankruptcy the owner |
IF the large iron interests in the South |
and in Europe, and the great sugar |
king, will ray dollar for dollar to all 7
his creditor and will have a fortune
eft. largely due to the great wealth Of
he CornucopiS mine in Baker county,
If which he is the owner.
Vengeance Was Swift.
Lexington, Mo-, Aug, U-Charles Raj.