Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1903-03-21


other than treasury shares-at least
while the property is under develop
ment. If you do your money goes into
the pockets of the promoter, instead
of into the treasury of the company
from which the work is carried on to
make a mine.
About 40 men employed at the North
Pole mine, near Sumpter, Ore, have
been laid off, because they would not
sign slips stating the amount of work
done and powder, candles, etc, used
during the days service. The mine is
short handed and partly shut down In
consequence.
Never in the history of the Occur
d'Alenes were prospects as bright as
now for a prosperous season this sum
mer The 40 cents advance in lead
which recently occurred has not only
had its effect on mining, but it has
placed renewed confidence in all class
es of business.
The gold output of the Yukon terri
tory, properly that portion of the Brit
ish Yukon basin north of and exclusive
of the camp of Atlin, since the country
was first entered by the whites, aggre-
gates in round numbers, $S0,500, 900.
The second and third payments have
been made by the Elkhorn Gold Min.
ing company on the Maxwell group of
claims in the Elkhorn district, Oregon.
The amount was 100000, making $43,.
900 paid to date. The original price
was $4,000. The third payment was
not due until June.
Mr. Wundram, the discoverer of the
marVelOusly rich gold strike on Cave
gulch, 80 miles south of Lewiston, Ida.
recently brought from the mine a can
Of gold dust and 400 or 500 pounds of
rich selected ore from the paystreak
which it is thought will yield perhaps
$1,000. The gold will assay perhaps
$500 more
The Monongahela River CONSOLE
dated Coke & Coal company of Pitts
burg will acquire the immense hold
lngs OF the James w. Ellsworth com
pany, according to reports. The Ellis.
worth company's holdings amount 70
$4,000 acres and the total price to be
Oe $16,0O0,000.
Suit has been filed in the district
court of Ell Paso county by John r.
smith, the attorney employed by the
Western Federation of Miners, naming
Sheriff Gilbert and others defendants,
Isking Of the court an injunction to
determine the extent of the authority
If a mil "a
IN administration of justice.
Seattle capitalists, together with
the officials of the Pacific Steel com
pany, operating the iron works al
=, lrondale, have organized the Seattle
: iron and Steel company, with a CAPT
talization of $6,000,000, for the pur
pose of establishing a steel and iron
manufacturing plant at Seattle The
company controls extensive deposits
on Barclay sound and Texada island.
The American Smelling & Refining
company has made another advance of
10 cents per 100 pounds in the price of
lead paid to the mineowners over the
advance of % cents made previously.
This makes a total advance in one
week of 40 cents, and the price paid
by the trust for lead is now $3.50 per
, 100. This gives the mineowners of
the Idaho district an extra profit of
$50 per month.
II. M. Williams, the promoter of the
smelter proposition on Lake Pend
d'Oreille, Idaho, has completed ar
rangements for the installation of his
the question. 1t has been announced
that it would be located at Standpoint,
but those familiar with the situation
say this is hardly probable and that
the plant will be constructed near
Black Tail mountain, where the ore
will be more handy for transportation
The smelter at this point will mean
much to the Pend d'Oreille district
The Tonopah mining district in Ne
Vada is unique, said Mining Engineer
John G. Ralston, who is home from a
professional trip to that camp. The
town site is on wide, treeless desert,
5000 feet above the sea, with nothing
is an ineXpressibly dreary place, but
gold and silver are there in paying
quantities, and a busting camp of
5000 people has sprung up. To get to
Tonopah you first go to Reno. There
you take a narrow gauge railroad
which runs $50 miles to the south. At
the end of the railroad journey you
take stages for a 90 mile ride. The
camp is still in the development stage.
No mills have been erected, but more
than $1000,000 worth of ore has been
shipped.
| Montana Mines.
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