Elk City mining news. (Elk City, Idaho) 1903-1913, 1909-01-02
MINES AND MINING.

A group of % mining claims located
near Burke, Idaho, is being developed
by the Eastern Star Mining company
The directors of the Tonopah Min
ing company of Nevada have declared
the regular quarterly dividend of IS
per cent, payable January 81.
About carload of gray copper ore
has been sacked at the property of the
Butte & Occur d 'Alene Mining com
pany, which is located near Mullan,
Idaho.
The Hecla Mining company of Wal
lace, Idaho, has declared regular divi-
dend No. &C for December. Stockhold-
ers will receive 3 cents share, or $780,
900. This makes total distribution
of profits to date of $1,71O,0O0.
j. p. Graves, general manager of the
CRANKY company, states that the COM
pany is not represented in the large
copper combine reported as being
formed in New York by about 65 per
cent of the copper production of the
world.
CRANKY mines Saturday, by which John
L. Anderson and Charles johnson were
killed. They had just completed charg
ing 10 holes with dynamite when there
was premature explosion. johnson s
body was mangled beyond recognition.
A company has been. formed by
Occur 'Alene mine operators for the
purpose of building a smelter of 100
tons capacity on the Little North
Fork. The necessary funds have been
subscribed and it is probable that the
plant will be built and in condition to
operate early next summer.
A compressor plant will be installed
at the property of the Nabob Mining
company, which is located near Ward
ner, Idaho. The company is driving a
5000 foot tunnel, which is now in
about 100 feet. A contract for 200 feet
of work in the tunnel has just been let,
and the work will be started at once.
1t is reported that great excitement
prevails in the Silver City mining camp
over the discovery of rich cinnabor ore
on Sinker creek, 20 miles from Silver
City. 1t is reported that there are
large quantities of the ore in the vi.
cinity Of the new discovery, and as
says made in Boise show it to run at
high as 72.2 per cent mercury.
The honor of having the first cleo
trical smelter established on a com
mercial basis is claimed by the city OF
Nelson, b. G. The electrical zinc smelt
er of the Canadian Zinc company OF
Nelson is now producing spelter and
lead-silver bullion from mixed zins
ores, and the operations Of the plan
have proven to be a complete success
L. w. Anderson of Seattle, president
of the New Republic mine, says
Twenty miners are now employed
and when the improvements TO th'
railway leading to the No. tunnel
now being prosecuted by a consider
able force OF men in the employ Of The
Great Northern railway, is finished
steady shipments to the shelter viii b.
made from the mine"
AT a meeting Of the boudholders o.
the Dominion Copper company recent
~ held in New York, the trustees TO
the bondholders handed IN q report Il
favor Of selling the property OF th
, company. There is a bonded indebt
edness Of 100000, with interest, an'
q floating debt Of about $4,000. III
Trustees 90 not know what time viii b
required 10 bring about the sale.
There died iu London this week Eng
land 3 most eccentric millionaire an,
richest untitled man. he was Henri
lsaacs Barnato, elder brother of Bai
, ney barnato, the kahir King an
tho man of the family who kept dow
the I'D Of one Of the largest fortune
ip me world. The British tfeasur
viii collect, AZ 5000 as u can deceutll
7 81 100000 w doath dutios from the 81
D. tate.