The Kendrick gazette. [volume] (Kendrick, Idaho) 1892-1968, 1907-04-19
MINING NEWS.

SZ5U,UUU IN QlV1QendS, according 10 IHe
present rate of profit and the current
prices of silver and lead. The smelter
handles about 1000 tons of ore a
month.
A tunnel that will be driven from
HOO to 1900 feet has been started on
the property of the Plant & Callahan
Mining company, near Ruby, in the
Okanogan. The mountain is very steep |
and the tunnel will gain foot for foot |
in depth. The portal of the tunnel is |
about $50 feet above the bed of the |
creek
A four foot ledge, rich in gold, and |
carrying about per. cent copper as
well, has been cut at a depth of $50
feet in the Modoc property in British
Columbia, a group of claims about five
miles north of Franklin camp. The
strike was made at the end of 375
| foot tunnel. The Modoc group is the
property of Vancouver people.
There is much of the romantic in the
history of Calumet & Hecla, the rich
est mine ever opened on the globe, a
mine that up to January 1, 1906, had
| paid dividends of 1872 100000 on cap
ital stock of $2,500000. Long before
| Columbus came across the sea to dis
cover a new continent the Indians
knew of the wonderful deposits OF
copper on the shores of Lake Superior
| George Schultz reports the strike OF
a seven foot ledge of rich Tree mill
ing gold on his property on Ameri-
can ridge, mountain spur between
Buffalo Hump and Salmon river. No
assays have yet been made but all OF
the ore pans literally in gold. The
ledge was cut at depth approximately
23O feet, Mr.. Schultz having himself
driven a tunnel more than 400 feet into
the hill.
Another strike is reported from the
Nabob mine on Pine creek, near Ward
ner. The east drift at the 100 foot
level has broken into a solid breast
of galena that assays even higher in
lead and silver than does the ore in
the west drift or in the upraise.
A rich strike has been made near the
Hattie mine in Nespelem camp, on a
property owned by Mr.. White, the
, original owner of the Hattie mine,
, which has since passed to a New
England syndicate. The ore from the
newly found ore body, the width of
which has not been proven, assays
, from 5000 ton to nearly $500. Picked
samples have yielded assays as high
, as $72 in gold and nearly 500 ounces
6 OF silver to the ton.
, Brussels-The chamber of deputies
G has adopted measure fixing the hours
of labor in mines by "a votes to 80
. after which M. De Smet de Mayer, the
premier, announced that the cabinet
being unable to command majority II
the house, had decided to resign.
Rossland B. C.-The usual quarterl!
dividend of 21a per cent on the capita
stock of the Consolidated Mining &
Smelling company of Canada was de
clared recently, which is payable Ma!
ell The dividend amounts to abou
It $4,000. This is the sixth DIVIDEND
G. declared by the company and up t.
G. date it has disbursed dividends aggre
a. eating little over 100000.
e Phoenix, B. C.-Beginning April
g the Dominion Copper company raise'
e the wages of the employees at tn
a. smelling works at Boundary Falls, E
r, c., to the level of that agreed upol
h. last December between the British &C
II lumbia Copper company and it's EN-
er ployes at the time of the dlfferenc
a. that occurred at those works.
to So satisfied are the Seattle capita
lie lists who have an option on the contrc
IN of the stock of the Evolution mine
n~L, ~, hn n
a after inspecting the property las
TX week, that they have decided to insta
Mt a compressor Immediately, erect
ed clubhouse and resume sinking in tn
he old shaft. The syndicate has an optic
n on 100000 shares of the capital stoc
xt of the company. 1t is incorporated fo
ne 2,OO0, 900 shares, but 100000 of treasur
ne stock are not outstanding. An optic
al was taken on the control the first {
Is the year at SC and 1Oc share. On
le- payment has been made and anothe
is due in July, the third coming at
later period
Wallace, Idaho-A deal is pendin
for the sale of the control of the Idol
ISL mine, the consideration being owe
100000. 81"
q 1t is estimated that over $4,000
ar was paid in the Phoenix section
bt the months wages to approximate
III 1000 men employed in Boundary min'
np and smelterS.
on Monthly wages, as rule, will ave
ea age up about 500 a month a man
o+. this district, and the following a
o. proximate figures of men employ
or and wages paid for March are on tn
do. basis:
,ot CRANKY ompany-Miners, 525; pa
an $751; 500; smelter men, $50; pay, $35 ,0(
of B. c. ompany-Miners, 800; pa
NO 100000; smelter men, 1875; pay, 81
on 500.
;tb Dominion Copper company-Minel
all $50, pay, $35,OOO; smelter men, is
ing pay, $4,000.
Snowshoe-Miners, IS; pay, $75(
High grade mines, 200; pay, 50