The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1904-01-08
The Bunker Hin & sullivan Mining


started the new year W paying divi-
dend No. rs of $4,000. This makes
a total pald since January /, 1903, OF
$4,000, and total to date of $3.50. 900.
Without any spectacular announce
ment of the fact, the Sumpter, Ore,
smelter made its 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
he of foreign coins issued by the di-
rector of the mint shows a net in
crease in value of silver of .02318 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 company's miners from the Penn
sylvania mine operating in the Mich
ael Dewitt property, and miners from
the Rarus mine, Heinze property ad-
joining, at Butte.
Government reports show 1850, 900
pounds of copper exports in Novem-
Der against z3,5OOOO0 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
purchased by Larson & Greenough,
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
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
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 $500, 900 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
end of Baker county, about 20 miles
due west of the Snake river, and about
65 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 dAlene 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,S913C
Occur d'Alene Develop. Co 143,096.S1
Cleveland Or. WILSON, ... 12,607. 81
Empire State tWardner). 279 ,697.7t
Empire State (Burke) ... 1907. AZ
Hercules .... ....... 1863, 527. OS
Mammoth 49,. .... -. 347,3S6.3 81
Morning III O54 Is