The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 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 359S25 tons. The fourth furnace
will be blown in on Monday. A. q.
Flumerfelt, assistant general manager
OF the CRANKY company, has left for
Montreal.
Word has been received from on
don, England, that Ernest Mansfield |
is returning to Kaslo with "unlimitN |
capital to operate mines on the south
fork Of Kaslo creek. That intelligence |
would be received with more favor
were it not for the fact that 1t has APP
peared regularly with the spring for
the last three years. Mr.. Mansfield
has always had unlimited 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 a dume DAM Men
are rushing into the camp from all
quarters. Gravel taken from the creek
bed is said to yield 25 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
tites
The Rossland camp no longer feels
the effect of the strike. All the mines
are working almost to their full ca
pacity. Last week a new record was
T.. l.. Q
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 outnut can be easily
brought up to $4,000 or $4,000 tons
week.
Mr.. ]. 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 shan 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 a 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 rs
shareholders were present at the re-
cent annual meeting of the War Eagle
Consolidated Mining and Development
company. In the absence Of George
Gooderham, the president, the chair
was occupied by the vice president
T. G.. Blackstock. Mr.. Blackstocb
spoke Of the probability of the com
pany being able to treat the ores OF
the mine cheaper than in the past, and
hoped that they would yet be able to
handle ore of as low value as IS pei
ton. He also hoped that they would
shortly be able to concentrate and mil
their own ores, instead of only smelt
ing, as at present, and thus effect 6
considerable saving. The company
ratified the giving of a mortgage t
Mr.. Gooderham for s625000, and alsC
authorized the directors to borrow
5000, 900 to carry on development worl
as outlined in the report. The prof
and loss account shows that the cos
of carrying on the operations of thu
year was 1888 ,072.79, and the net pro
ceeds from ore sales, ETC., was 1887
s57.1S. showing. with the balance
brought forward from the preceding
year. a total debt balance of s242
1904.