Camas Prairie chronicle. [volume] (Cottonwood, Idaho) 1901-1917, 1902-04-04
BRITISH COLUMBIA.

BRITISH COLUMBIA.
During the week ended March % the
CRANKY smelter treated 1890 tons Of
ore. The total amount treated to date
Is 353,825 tons. The fourth furnace
Will be blown In on Monday. A. G.
Flumerfelt, assistant general manager
OF the CRANKY company, has left for
Montreal.
Word has been received from Lon.
don, England, that Ernest Mansfield
Is returning to Kaslo with "unlimfe<
capital" to operate mines on the south
FORK OF Kaslo creek. That intelligence
would be received with more favor
were 1t not for the fact that it has ap-
peared regularly with the spring for
the last three years. Mr.. Mansfield
has always had unlimited ca pital. /"
but his operations have not yet been
markedly successful.
A placer gold excitement has broken
out on Cooper creek, about 20 miles
from Kaslo. The creek has been staked
for several miles. A company has been
formed to build f1ume dam. Men
are rushing into the camp from all
quarters. Gravel taken from the creek
bed is said to yield rs cents in coarse
gold to pan. Gold has been known to
exist In that locality for years. but
never been found in such large guam
titles.
The Rossland camp no longer feels
the effect of the strike. All the mines
are working almost to their full ca
pacity. Last week new record was
made In ore shipments, over 5000 tons
being sent to the smelter. The pres.
ent week will without double witness
another record breaker. as the Centre
star has recommended shipments to
Trail and the other producing mines
are increasing their production consid.
erably. With additional smelling ia.
cilities, which are greatly needed, and
are being supplied as rapidly as posi-,
Bile, the daily output can be easily
brought up to $4,000 or $4,000 tons a
week.
Mr.. j. p. Graves says in reference
to the smelter: 1--WE are getting esti.
mates of the cost of installing a large
compressor plant to be operated either
by electricity or by steam. The char
acter OF the motive power will be de-
termined as soon as the various esti-
mates are figured out. If electricity
should be utilized we SHAH buy power
from the Cascade Power company.
whose plant at Cascade is in an ad.
vanced stage Of completion. After the
order Is given six months will elapse
before the plant is delivered. We shall
then be enabled to increase our output
to 1000 tons daily. The new equip
ment will have sufficient capacity to
not only operate the drills, but the
hoist, pumps, etc. Our policy is to
plan long way ahead. We now have
sufficient ore blocked out to occupy
our smelter continuously for a period |
Of between Is and 20 years. Withal,
development work will be prosecuted
as vigorously in the future as In the
past"
Toronto advices say that about 25 |
shareholders were present at the re-
cent annual meeting of the War Eagle
Consolidated Mining and Development
company. In the absence of George
1ooderham, the president, the chair
vas occupied by the vice president,
{. G. Blackstock. Mr.. Blackstock
spoke Of the probability of the COM
,any being able to treat the ores of
he mine cheaper than in the past, and
Hoped that they would yet be able to
handle ore of as low value as SIS per
on. He also hoped that they would
hortly be able to concentrate and mill
heir own ores, instead of only smelt-
ng, as at present, and thus effect a
saving. The company
atified the giving of mortgage to
dr. Gooderham for $625.OO0, and also
authorized the directors to borrow
100000 to carry on development work
8 outlined in the report. The profit
nd loss account shows that the cost
4 carrying on the operations of the
ear was s2S3,072.79, and the net PRO
eeds from ore sales. ETC., was $187,-
57.18, showing. with the balance
rought forward from the preceding
ear. total debt balance of $242,-
1884.