The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1907-03-29
MINING NEWS.

1t is announced by mining men that
Rev. Father Bauseman Of Burke, Ida
no, who holds nearly a controlling
interest in the Snow Storm mine, has
the entire Hercules property for sale
on a $6,OO0,00O basis.
Since March l six Occur d'Alene
mining companies have paid 1851, 900
in dividends. This immense amount
of money was distributed as follows:
Federal Mining & Smelling company.
$4,000; Hecla Mining company,
100000; Hercules mine, $4,000;
Bunker Hill & Sullivan Mining COM
pany, $1S0,000; Snowstorm Mining
company, $4,000; Success Mining
company, $4,000. This brings the
total dividends paid since aJnuary Z,
1907, by Occur d'Alene mines to ST.
$4,000.
1t is reported that the Kendall MIN
ing company, which owns the famous
Kendall mine near Lewistown, Mont,
has paid it's regular monthly dividend
of $4,000, or cents a share. The
Kendall is capitalized for $2,500,0OO,
with 100000 shares of par value OF
81 a share.
Phoenix, B. C.-Now that develop
ment has reached an advanced stage
at the CRANKY Consolidated Gold Drop
group of mines in this camp, and the
ore tonnage blocked out can be fig
ured into seven figures, the plans OF
Local Manager Hodges for the install
lation of another large ore crusher
are about to be carried into effect, aft
er which the Gold Drop ore will not
be shipped to the smelter as it comes
from the mine, as at present.
! L. Gleason, an old time miner, died
recently at Wallace from compiled
lions arising from an accident sus
tanned in a cavein.
Rossland, B. C-The LIE Roi Mining
company has taken long time OPP
ton on the properties Of the Splice
Mines, Limited. The properties con
and Nelson No. 2. There is an area Of
ITO acres in the claims.
That the Hidden Treasure Gold Min
ing and Milling company has CLOSED
a contract for a 100000 amalgamat
ing and concentrating plant, is cur
rent report.
THE Monitor mine is in an excel
lent condition." said Otis Hill ,presi
dent of the company, who has JUS
returned from a trip of inspection t.
the property, which is located In tn
Occur d'Alene district. Shipments ar
/ being made regularly every four o
| five days.
Brussels.-After consulting with tn
, delegates of the American financier
who are interested in the enterprise
the International Forestry company
in which Messrs. Guggenheim' an
: Ryan of New York are largely interes
: ed, has decided to send out a minera
. prospecting expedition to the Congo
5 where it is anticipated that great gol
fields will be discovered. R. Dorse
5 Mohun, the we'll known explorer, ha
4 been appointed to lead the expedition
4 1t will be composed of Americans an
: Belgians and will leave for Afric
about May Is.
S G. Horton Hart, a mineralogist VIII
d has made his headquarters in Sp
S kane for some time, has gone to Rh
k oaite, New, where he goes in the fl
terest OF Spokane capitalists. M
y Hart has been in that and other 20
e tons of Nevada before and is well a
h quainted with the country.
l. About 40 of the striking smelterme
have returned to their old positions ,
r the Tacoma smelter and about &
d many more have expressed their vii
e ingness to go back at the same wage
e as paid before the strike. The pla1
will be reopened at once.