H STOCK ISSUE MADE Gf CftlEDOi Bunker Hill Gets 1,105,000 Shares in Settlement of Mining Rights Suit. MILL FOR YELLOW PINE Moscow, in Sunset District, Has Five Feet of Milling" Mill-ing" Ore. t Special to The Tribune. WALLACE, Idaho, Dec, 0. At a meeting of tho stockholders of tho Caledonia Cale-donia Mining company, hold this week, it was voted to incroase the capital stock of tho company from 1,500,000 shares at a par value of $1 to 2,605,-000 shares at 51. This notion was tnken in rutillcation of the proposed settlement settle-ment botween the Bunkor Hill and Sullivan and the Calodonia companies, tho now issuo to go to tho Bunker Iiill company. The action is the outcomo of a meeting of tho directors of tho Caledonia hold in Octobur, when it was decided to put the matter of an in-crease in-crease up to tho stockholders. Litigation Ended. The ngreemont terminates the mining min-ing rights suit started by the Bunkor Iiill, which has tied up tho Caledonia for Bovoral months, aud inoana tho opening up and working of that proporty. prop-orty. The Caledonia is to be worked through the Bunker Hill 'b Kellogg tunnel tun-nel and its oro milled in tho oast mill of the Bunkor plant. The resolution, which was prosentod by tho directors of the company for tho approval of tho stockholders, reads: Resolved, That tho capital stock of this company be increasod from 1,500,000 shares of the par valuo of $1 each to 2,605,000, divided into 2,605.000 shares of tho par value of $1 each. And bo it furthor resolved re-solved that tho chairman and secretary sec-retary of this mooting and the board of directors of' this corporation corpor-ation be dirootod to execute and filo as provided by law, such certificates cer-tificates aa are required to show Incroase. Small Crew at Work. Thoro were no dissenting votes. In all, 361,843 shares Voted directly and 702,823 were represented by proxies. lho Caledonia company "has had a small force of mon at work in the mine keeping tho workings in shape, and announcement has beon mado that ? ilana have been completed for shipping ho high-grado oro ostractod during development and kept stored in the mine ponding tho outcomo of tho litigation. liti-gation. Such milling tnatoriul as it is absolutely necessary to romovo will bo sent to tho Bunkor mill for treatment, but ostonsive operations on mill oro will not begin until the completion of tho upraiso from tho Bunker's long lower tunnel into the Caledonia ground. The raise has already been begun, and it is ostimntod that it will bo finished within ninety days. Bunker Declares Dividend. Tho Bunker BTill & Sullivan .Mining and Concentrating company has bogun tho disbursomont of tho regular monthly month-ly dividend amounting to' $S1,750, or 25 cents a share on tho issued capitalization capit-alization of 327,000 shares. This will mako $817,500 paid during tho present year, and $1-1,720,250 since dividend payments were inaugurated. The regular regu-lar rato of dividends for tho company for several months has been 20 cents a share, but 5 coats a share was add-od add-od In November, making $81,750. or an incroase of $16,350 monthly. The corporation is capitalized for $3.-270,000, $3.-270,000, and tho $817,500 that will have beon paid the stockholders this year, will represent 25 por cent of the capitalization. The total payments are approximately 451 por cent on the original orig-inal investment. It is said that tho sottlomont mado with tho Caledonia. which will plnc,e l,10o,000 shares of Caledonia stock in the Bunkor Iiill treasury, will undoubtedly mean a furthor Increase in Bunkor TT ill dividend? divi-dend? as soon as tho Caledonia beginB regular production, as almost half tho not earnings of tho Caledonia company will go Into tho treasury of tho Bunkor Iiill company, Buy Yellow Pine Group. A party of Kellogg men recently returned re-turned from an inspection trip to tho now gold country in tho Cloar Creek district, and they report that they "have taken over the Yellow Pino group of claims, following tlie receipt of as-says as-says mado frojn samples taken while in the district. They show a gold content ns high as $100 a ton. A com- Sany will bo organized, and plans are cinn made for the erection or a stamp mill this winter. The property is so situated as to onable its being worked throughout the 3-ear, and there ia an nbuudnnco of timber and water avnil-ablo avnil-ablo for all purposes. The district is boing rapidly opoucd up and several mills aro now at work in tho district. Tho ledge in the Yellow Pino group is reported to bo four feet wide, and it has been traced across the claims a distance of 3000 feet. i Sonora Lets Contract. John P. Moffatt has taken a contract on tho Sonora, lho terms of which are unusual, and prove beyond question that tho contractor has absolute faith in tho morits of tho property. For i 100,000 shares of Sonora company Btock. Moffatt agrees to find ore of commercial vnluc in the Sonora vein, he to pay nil the oxpenao with the exception ex-ception of track, air, pipe and tools, which tho company agToes to furnish. Moffatt is now on the uround and has several miners with him, and bv the end of the week preliminary work will be completed and worl: started in tho miuo. The proporty is near Burke, and considerable development worl: has been done, but for several years it has been idle. The property in situated in the Bnrko lead-silver bolt. Unless Moffatt uncovers ore of commercial quantity and quality, he has agreed to release tho company from all obligations, obliga-tions, which moans that if no ore is discovered ho will recoivo no pa' for his efforts. Good Showing in Moscow. A contract for tho driving of a tun-nol tun-nol in tho property of the Moscow company has just beon completed, and samploB taken at tho face of the tunnel tun-nel showB that tho ledgo rocently encountered en-countered contains a pood milling grado of galona ore. with seams of high grado running through it. Between Be-tween five and six feet, of milling oro, inclosed iu a talc foot and hanging wall, is exposed. Tho mine is located about six miles from Murray in tho Sunset zono, and is one of the most promising properties in the district. There has boon about 300 foot of development de-velopment work done, and work will probably bo continued through tho winter, as there aro indications of a large body of galena oro in tho vicinity