The Montana plaindealer. [volume] (Helena, Mont.) 1906-1911, 1907-03-08
MINING NEWs.

49,
well known mining men, have taken
a 100000 bond OF the --ueen Vic
toria group Of claims, which lie about
SIX miles from Nelson, B. c.
The miners federation convention
has adopted a resolution criticizinC
the governors of Colorado and Idaho
for what they termed the unwarranted
prosecution of Meyer, Petition and
Haywood. The resolution declares:
1T is not the intention of the courts
OF Idaho to give the accused a fair
and impartial trial. Their ~extraditiOn
was contrary to law and covered by
fraud, which disgraced the jurispru-
dence Of the people,"
A Tobber recently stole a box con
tanning $4,000 in gold bullion bound
for the San Francisco mint, from an
express truck at Barstow at 3 O'Clock
in the morning. The bullion, with
much other express matter, was being
transferred from the %westbound train
at Los Angeles to the ASH Francisco
train.
The convention of the United Mine
workers of America adopted the report
of President Mitchell, and etused to
concur in the report of Vice President
Lewis. President Mitchell Endorsed
the action of the last convention in
allowing miners to sign agreements by
districts. Vice President Lewis had
taken the opposite position.
The Velvet Mining company, pur-
cnasers of the Grant group of copper
mines on Copper mountain just east
OF Chesaw, Wash, is meeting with
grea encouragement with the develop
ment and exploration work now being
carried on at the property. Manager
McPhee was down from the mine a
short time ago and reports a strike
OF native copper in the location work
iDgs.
About 250 men have been thrown out
of employment by the closing down
of the Bunker Hill & Sullivan mine.
The mine was compelled to close on
account of being unable to get cars
to remove the ore. All the ore bins,
shoots and storerOoms are full and
there was no means at hand of hav-
ing any of it removed and every anvil
abe inch of storage space has been
utilized.
Official figures have just been made
public regarding the output of the
CRANKY Consolidated for the calendar
year 1906, and show the company
shipped from its Phoenix, B. c., mines
during hat time % per cent, more
ore than in 1905, and about 40 per
cent. more than during 1904.
Late advices from New York say
that the CRANKY company of the
Boundary, B. c., has during 1906 earn
cd approximately $2,13J,7oO net. or SIS
on each new share, par value 500.
During the year four dividends of 8
per cent each were declared, calling
for the payment of $1,620, 900, leaving
$510,7S0 either for new construction
or to be added to the surplus account.
Net surplus on June 80, 1906, was ST.
SAT, 73&.
1t is said the Pacific Coast league
will meet invasion by invasion and put
a team in at Spokane and Vancouver
as an opposition blow to the projected
expansion of the Northwestern league,
which is now figuring on Seattle.
The Dominion Copper company has
decided to remove the Office of the
company from the sInelter at Boundary
Falls 10 Greenwood. The amalgama-
ton of the British Columbia and the
Dominion Copper companies had been
projected can not be confirmed.
A newly organized Butte mining
stoc kexchange opened formally on
Monday morning.
A good strike is reported from the
Old Germany mine on Copper noun
tan, southeast of Chesaw, Wash,
which property is owned principally
by Spokane men.
The mother lode" of Last Chance
gulch, now Main street of the capital
city of Montana, and which yielded a
sum estimated at $4,000, 900 in gold
To early day placer miners, has ap-
~parently been discovered in the prop
critics of the MISUNDERSTANDING com
pany, three miles south of the city.
The mine, which is known as the
Spring Hill, has been operated as a
huxing proposition for the Butte
smelter of the Pittsburg company. In
this manner the property was quite
thoroughly developed.