Bonners Ferry herald. [volume] (Bonners Ferry, Idaho) 1904-current, 1907-03-30
MINING NEWS.

II IS announced by mining men tnat
Rev Father Bauseman Of Burke lua-
no. who holds nearly a controlling
interest in the Snow Storm mine mas
the entire Hercules property for safe
on a s6.OOOOOO basis.
Since March l six Occur d'Alsae
mining companies have paid $95l'V0v
10 dividends. This immense amount
of money was distributed as follows:
Federal Mining & Smelling company
$4,000; Hecla Mining company
500 900; Hercules mine, $4,000;
Bunker Hill & Sullivan Mining COM
pany, $4,000; Snowstorm Mining
company, $4,000; Success Mining
company, $4,000. This brings the
total dividends paid since aJnuary T.
1907, by Occur d'Alene mines to 81
597 500.
It is reported that the Kendall MIN
ing company, which owns the famous
Kendall mine near Lewistown, Mont,
has paid its regular monthly dividend
Of $4,000, or 3 cents a share. The
Kendall is capitalized for $2,5OOOOO'
with 500 600 shares of par value OF
81 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
tions arising from an accident sus-
tanned in a cavein.
Rossland, b. C.-The lie Roi Mining
company has taken a long time op-
ton on the properties Of the Splice
Mines, Limited. The properties con
sist of the Spitzee, Fool Hen, Darby
and Nelson No. 2. There is an area OF
10 acres in the claims.
That the Hidden Treasure Gold Min
ing and Milling company has closed
a contract for a $4,000 amalgamat
ing and concentrating plant, is a cur
rent report.
The Monitor mine is in an excel
lent condition." said Otis Hill ,presi
dent of the company, who has just
returned from a trip of inspection tc
the property, which is located in the
Occur d'AIene district Shipments are
being made regularly every four OF
five days.
Brussels.-After consulting with the
delegates of the American financiers
who are interested in the enterprise
the International Forestry company
in which Messrs. Guggenheim and
Ryan. of New York are largely interest
ed, has decided to send out a minera
prospecting expedition to the Congo
where it is anticipated that great gold
fields will be discovered. r. Dorsey
Mohun, the well known explorer, has
been appointed to lead the expedition
It will be composed Of Americans anC
Belgians and will leave for Africa
about May Is.
c. Horton Hart, a mineralogist who
has made his headquarters in Spo
kane for some time, has gone to Rhy
Gite, New, where he goes in the in
terest OF Spokane capitalists. MI
Hart has been in that and other pOr
tions of Nevada before and is well ac
quainted with the country.
About 40 Of the striking smeltermer
have returned to their old positions al
the Tacoma smelter and about as
many more have expressed their will
ingness to go back at the same wages
as paid before the strike. The plant
will be reOpened at once.