The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1903-05-23

furnace. Ten TO IL charges per hour
are going through. Fourteen charges
were worked on No. s. but that could
not be kept up.
The Standard OIL company Of New
Jersey has declared . dividend for the
quarter OF 81 per share. The CORE
spending quarter Of last year the diyi-
dend declared was $40 per share.
The spiller plates are in use again,
after an idleness Of abort nine months.
The low grade matte will be resmeited
and made high graa before sending TO
the refinery. A. present the matte
crusher is working entirely on low
grade.
The Oreano Mining company, oper-
ating q group Of Chains just northeast
of the Standard property. near Wal
lace. Idaho. is pushing development
with all possible speed. IL is working
force of seven ren in egiht hour
shifts. The long cr>sscut tunnel is in
$50 feet. The company expects TO en-
counter the first lead AT a distance Of
800 or 400 feet There are two leads
on the property. and II may take 1900
foot crosscvt TO explore both. The
company is about TO install q larger
fan.
A. E. Palmer Of Spokane has pur-
chased control OF the Mountain Lion
property In Republic camp. securing
the stock held by Jonathan Bourne, Jr,
Of Portland. The purchase covered
about 100000 Of the l.5O0.00O shares
OF the company. and the price paid is
said TO have been in excess Of rs cents
per share. On this basis the valuation
Of the property is about 1910. 900.
Mr.. Palmer has closed a contract
with the CRANKY Smelter company for
the entire output OF the mine for the
succeeding two years at a favorab;s
freight and treatment charge.
stampede was precipitated recent.
ly at Baker City. Ore, by the report OF
rich strike in the hills south of the
White Swan mine. II leaked out that
two prospectors had discovered a three
foot ledge Of $50 ore. A local assayer
betrayed the confidence and the pros
pectors are hiking for the hills. The
assayer returned $500 per ton on Sc
. lected samples. General Manager
5 Mueller Of the Standard Consolidated
mines at Quartzburg announces that
he will build the biggest reduction
e plant In Oregon this fall TO concentrate
= the ores for the Sumpter smelter. FIT
~ men are working al the mines
ell Great excitement prevails on Green
D way mountain near Valley. Wash, OF
account Of the rich development Of tbs
s iron mines owned by Great Northern
: interests. II is said that development
has been carried forward in the love-
E workings Of the property until the orr
. body has been demonstrated sufficient
s ly TO warrant the building Of a railwa,
to the property and the erection o
n such machinery as may be necessary
Q for the permanent operation Of tn,
mine. The crosscut has been run 81
r feet through solid ore, running over g.
, per cent iron, with no undesirabl,
:. elements. A drift has been run alonl
the vein for 60 feet, all in ore Of Ii,
. same grade.
California mine, near Republic, is re
!. ported.
FL The board Of trustees Of the Colo
n RADIO state school OF mines has ar
Z pointed Horace Bushnell Patton, pro
q fessor OF geology and mineralogy. 4
n succeed President Palmer, who retire
June 80. He was q leader Of the bolt
ing faculty at the time Of its troubl,
. with President Palmer.
!. As the result Of a cavein In the lowe
9 level Of the Liberty Bell mine at Tel
. luride. Col. recently. two men wen
!. Icrushed TO death and two others wer,
!, badly injured.
Eureka gulch near Republic is re
suming something of its former actiy
4 ity. and the mining outlook Of the CAM
is more encouraging than II has beel
at any time during the past two years
new strike has been made on tn,
!. Belcher mine. near Republic. aigl
{ grade ore has been encountered al
!, new place on the property.
BY cavein OF the drain drift at tn,
T Eglanol placer in lincoln gulch. fou
v miles west Of Helena. three miner
$ were entombed, Il is not know
v whether they are alive or not. A shat
!. is being sunk beyond The cave with tn,
a hope Of rescuing them. The men an
i Henry Miller. Tom Persell and on,
y unknown.
A four foot ledge Of enormously ricl
n free milling gold ore has been dis
!. covered about so miles from Ellens
, burg. Wash. on the western slope o.
e the divide between Swank creek anC
!. Lyons gulch. in this county. Frederick
4 ]. Long brought down a5 pounds o.
). ore rich in wire gold visible to IN,
Z naked eve, and II viii assay in tn,
= thousands. II is thorght to be tn,
Y source Of the placer gold that has beet
found in the district. The propert,
has been secured by eastern men.
II is reported at FL Paso. Tex. tina
v the famous Dolores gold mine q
' chihuahua has BEEN bought by IN,
n Venture syndicate and the GuEgen