Elk City mining news. (Elk City, Idaho) 1903-1913, 1905-10-28
MINING NOTES.

world is that of the Transvaal, and
for that the data for working costs
and profits is incomplete. The out
put for 1904 was 8,130,728, produced
by "A companies. Their working prof
its, after paying the 10 per cent tax
on profits to the government, are re-
ported as $26,4O2,163. The amount &C
tually divided in dividends was $19,-
114,7S4. Only 35 companies paid divi-
dends, these producing 70 per cent of
the total yield.
Work on the Review Mining e. Mill
ing companys claims in the North
port (Wash.) district is expected to be
renewed soon. This is the old Noun
tain View property, which was in lit
| igation for several years.
Wallace, Idaho-The Hecla Mining
company has declared dividend No. %
of l cent share, amounting to $780,
000 This brings the total dividends
to date up to $490,000 of which $780,
900 has been paid this year.
Roy Clarke is back to Spokane from
a trip to the new silver-cobalt fields in
Ontario, 100 miles northeast of North
Bay, on Lake Nipissing. He said:
"Silver-cobalt ore worth 81 a pound
is found there in seams four inches
wide, but it is so rich that the Earl
company, a New York concern, which
paid $250,000 for grounu last year, has
cleared up 100000 this year.
The compressor of the o. K, near
Rossland, B. c., is to be started up
and machine drills put to work just as
} soon as the boilers of the compressor
: plant have been declared to be eft
by Boiler Inspector Sutherland. An ex
: tensive list of developments is to be
done.
= Gold in paying quantities has beer
discovered at Richland, eight miles
north of Pasco, Wash, by John Prem
y tice and several others, and engines
:, and machinery have been purchased tC
i begin operations.
! After discovering rich deposits o
native copper, following weeks of pros
d pecting, William Didican of Schenec
: tady, n. Y, was found dead from
starvation on the plains west of Whit
Il Oaks, N. NJ. For a mile around wher
Didicans body was found were hi
tracks, showing that for days he ha
II travelled in a circle, having lost hi
l. way returning from the mine.
e BY the caving of stope in the High
y land Boy copper mine at Bingham
o Utah. five men were instantly killed
q The bodies have not yet been reco'
cred and can not be reached for SCI
is eral hours The dead: G. l.. johnson
IL Charles Peterson, Nike Pesan, Ton
S. Rifle and James SOnneriva.
IL Johannesburg.-A gang of 80 Oh
IL nese at the Van Ryn mine where the1
ot have already been five disturbance
lg struck work and attacked the white
at underground. A white man pulled tt
e. signal cord and the police gallopin
c. ND descended the shaft and saved TT
al whites. The ringleaders were arres
s. ed. But this phase of attacks unde
IL ground renders the situation very di
quieting.
lie Judge Hunt, sitting at Helena,
rs the federal court overruled the motto
ne for a dissolution of the injunction
ne the case of E. Rollins Morse again
OF the Montana Ore Purchasing compal
involving the Michael Dewitt mine
Butte. in litigation between the Am;
D. gamated and Heinze.
Gold in 1904.
George E. Roberts, the director
the mint has prepared a statement
the worlds production of gold and
yer for the calendar year 1904.
To- This statement shows the total &C
ng valued at s947, 10000, an aggregate
he 16S. 493,53S fine ounces of silver
lis a commercial value of silver totali
ne s97. 726,3OO, the coinage value of viii
Wy is s217, $780, 200. The four greatest p
ducers among nations follows:
Ter United States-Gold, $SO,723,2C
.se rs .7S6.1OO ounces of silver, valued
ers $33, 900.
ed Mexico-Gold, s12,6O5,S0O; 60,s0S,!
rit ounces Of silver, valued at $35,269,2
po- Canada-Gold, s16,400,000; 3,71S,'
sd ounces of silver, valued at $2,156,SO
The figures show an increase
about s22,OOO,00O in gold over the
reaus estimate for the calendar "
rte 1903. The United States shows g
of about 100000 and South Afr
of s1S,0O0,0O0. The director says t
UNI both of these countries are still OF
elt rising scale of production. Aust
lno liza. on the other hand, is an imp
mn. ant producer which shows tender
az to reduce it's contribution although