Troy weekly news. (Troy, Idaho) 1897-1933, 1907-10-11
MINES IN MANY CAMPS.

a strong ledge seven feet wide has
been opened up in the new drift on
the Eureka Mining & KILLING com
pany's property on Nine Mile creek,
near Wallace.
w. B. Moore of Chelan acting in be-
half of eastern investors, has taken
bond on a group of nine molybdenum
claims on Sheep mountain, 40 miles
from Twisp, Wash
The Alaska Smelling & Refining
company, New Jersey corporation,
capitalized al 100000, assigned re-
Gently for the benefit of creditors to
Gordon Knox Bell No reason for the
assignment was given. The company
had offices in New York and at Spo-
kane, Wash. The plant is located at
Copper Mountain, Prince of Wales
island, Alaska.
Coke is arriving more freely at the
Trail and Northport smelters, said to
be due to the cessation of shipments
by the Crows Nest Pass Coal company
to points in Montana.
Oliver T. Crane, master in chancery,
who heard the testimony in the famous
Butte smoke" case, wherein it is
sought to close the Washoe smelter
of the Amalgamated Copper company,
announced draft of his findings of
fact to counsel recently and set Octo-
Der % as the date on which he will
hear objections to them and make final
settlement. With the settlement of
the findings the report will be submit
ted to Judge Hunt of the United
States court, who may or may not
adopt them in determining the case
The developments in refined copper
of late, while not entirely satisfactory
to producers, has been such as to ex-
cite general interest, and have led to
various expedients for reducing the
surplus, which is still sitting like an
incubus upon the market. The sus-
pension of mining operations at var
ious places will eventually lead to
decrease in the output of the refined
metal, but will not be effective for a
month or two, as it requires from 40
to 60 days to complete the operation
of refining already in progress, and
this without any substantial increase
in consumption means a further in
crease in surplus supplies for the
time being, although eventually the
remedial measures will bear fruit.
The necessity of taking care of the
unsold current supply-aside from
the surplus-has led to larger exports
to Europe and to rumors of some ship
ments to China. Doubtless other for
eign countries will receive an incre-
ment in supplies of American copper
i'll time, according to the financial
ability to carry stocks abroad The
market has scarcely reached the level
to excite speculation on a large scale,
especially with the capital available
for such operations much reduced,
compared with 1904-O5.
The Dominion Copper company
has let contract to Murdoch Nc
Intyre of Phoenix to haul 300 tons
Of ore from its Athelstan mine in Wei
lington camp for shipment by the C. |
P. r. to the company's Boundary
Falls smelter.
IN the Occur d'AleneS.
After more than three days Of in
cessant work the bodies of the two |
men, Vincent Passadi and Larry Kis-
elico, who were caught by a cavein in |
the Hercules mine at Burke, have
been recovered. From the state of |
the two bodies it is certain that both
men were killed instantly. Passadi
IS said to have a wife and family in
Italy while Kiselico is survived by
one or two brothers in the district.
A survey has been completed for
seven and a half mile wagon road
rom the Marguerite mine to the
Northern Pacific railroad.
force of 20 men is employed on
he construction of the new 3O-drill
plant for the Federal COM
1anys Last Chance mine near Ward
Ter, Idaho.
The American Commander company
will soon begin work crosscutting
rom the long Hunter tunnel into their
'wn ground, where it is expected the
iame ore bodies as those opened in
he Hunter will be found
A big strike Of ore is reported from
he Stanley mine at Burke. Eight
eet of clean anthony has been
in the top of the raise
n the property. At the bottom Of
he Wine, which was sunk from the
upper workings, from five to six feet
# ore have already been exposed and
he latest discovery has proved a
'tope of no less than 178 feet of
old anthony ore. The raise is
70 feet in height and 40 feet in depth.
Good weather continues in the
Occur d'Alenes and the old residents
ay that it is one of the finest falls
hey have ever seen. Prospectors