Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1904-01-09

started the new year Uy paying divi-
dend No. rs of $4,000. This makes
a total paid since January /. 1903, or
$4,000, and total to date of $3.50. 900
Without any spectacular announce
ment of the fact, the Sumpter, Ore,
smelter made it's initial blow in re-
Gently. A few invited guests were on
hand to witness the first run, and
were each presented with specimens
of matte as souvenirs. The plant
works satisfactorily to the manage
ment and good results are assured
from the large quantity of ore now
on hand.
John Geraghty, an old time associ-
ate of Patrick Clark in western min
ing ventures, Is dead at Butte. He
was one Of the best known and most
popular mining men of pioneer Mon
tana
The quarterly statement of the val
ue of foreign coins issued by the di-
rector of the mint shows a net in
crease in value of silver of .0231S cents
an ounce.
Samuel Olson was instantly killed;
Fred Dryvel fatally injured, and Fore
man John Penaluma overcome by gas
in what appears at first to have been a
slash between the Amalgamated Cop
per companys miners from the Penn
sylvania mine operating in the Mich.
ael Dewitt property, and miners from
70 Do ID
joining, at Butte.
The Banner & Bangle Mining COM
pany has extended it's bond on the B..
& B. mine, near Troy, Mont, and has
given Larson & Greenough six months
longer time to work the property. The
price in the bond is 100000, or cents
per share.
Government reports show 32,500,00
pounds of copper exports in Novem-
Der against z3,500,000 in the previous
November, the amount sent to Ger
many being trebled. France nearly
doubled, but England one sixth less.
1t is reported at Boise, Idaho, that
the Franklin mine, at Pine, had been
owners of the Morning mine, at Null.
Ian. The price is said to have been
about 100000. The property has been
opened during the past year. 1t shows
a great shoot of ore that mills about
$40 on the plates. A 10 stamp mill
has been running on the ore nearly a
year.
The Hecla mine at Wallace, was
closed a few days recently owing to
a break in the main shaft of the com.
pressor.
During the last year California pro
duced twice as much gold as Alaska
and Colorado more than three times as
much.
Peter Sherlock, the hermit placer
miner, believes that he will take out
much gold next season from his placer
claims near the st. Joe basin, at the
head of the st. Joe River. Idaho.
Bernard Mcdonald, Of Spokane, for.
merly manager of the lie Roi at Ross
land, has commenced the expenditure
of 100000 on the development of the
Cornucopia mines in eastern Oregon
His project is one of the most extern,
sive that has been undertaken lately
in the northwest. The Cornucopia
mining district is near the easterly
due west of the Snake river, and about
IS miles by wagon road from Baker
City, which is the nearest railway sta
ton and the commercial center of
eastern Oregon.
Net profits of $1,456,91645 were
made by 10 Occur d'Alene silver-lead
mines during the past fiscal year. The
figures are supplied under oath by
the mine managers of the district, in
the statements which they are requir-
ed by law to furnish the county asses
sor of Shoshone county. Taxes are
levied on the net profits of the mines
after paying for mining and smelling
and all improvements around the
mine. The sworn profits remaining
are as follows.
Bunker Hill & Sullivan. IS 67,891.30
Occur dA1ene Develop. Co 143,096.S7
Cleveland Or. Wilson)... 12,6O7.32
Empire State (Wardner). 279,697.76
Empire State (Burke).... 7Oo74O
Hercules 49,. ..... 169, 52703
Mammoth 49,. -. 347,3S634
Morning .....'.. '''.''' AIA'Vo1'Ao
uecla 45,048.88
Standard ....... :. 271, 626.37