Show IDAHO mackay miner the south packer known as the new york or newhouse property is driving some extensive crosscut tunnels to get a continuation of the lost packer ore bodies on the south of canyon creek and have got in large quantities of supplies mr newhouse is known to be a man who does not do things by halves wallace press the federal company which owns the tiger poorman mine at burke has just let a contract to a syndicate of burke miners to deepen the main work ing shaft of that property 00 feet the shaft is now 2000 feet it is being put into 7 shape for the new development work which will carry it some 1300 feet below the lowest workings on the adjoining hecla mine k boise statesman the gold coin mining company has just completed the installs tion of a 30 ton yarnell roller mill in the company mine the gold coin nine miles above idaho city and the mill is in fine shape the tests so far showing that it will be a great saver in values the mill and the equipment cost about ore is being taken from a well defined fissure vein and values run all the way from 5 to 50 50 per ton concentrates which the mill has turned out within the last few days show avalue a value of per ton salmon recorder wm and wife passed through town from leesburg this morning on their way to their home at ff horton orton kansas mr is the superintendent perin of the gold ridge property at leesburg and has been looking after the development work on that property during season mr states that most of the machinery is now on the ground for their ten stamp mill and while he is out will make arrangements for the purchase of the lumber he expects to return early in the spring to again commence active operations on the mine wallace press two feet of solid galena has been struck in the surprise mine near wardner senator al page who is in town today says that he heard this morning that the strike had been made last night but he had not heard any details miners from wardner say that five feet of shipping ore has been struck but nothing definite has been ascertained except that there is no doubt but that at least two feet of galena has been encountered as this has been verified from several sources the surprise lies about a mile and a half over kellogg peak from wardner on pine creek silver city nugget the knickerbocker shaft has been pumped out down to the 70 foot level and soundings made to a depth of fifty feet more it is supposed to be deeper but filled with falling dirt and rock it is thought that no 2 level south is about on a level with the bottom of this shaft but a survey taken from the bottom of the 70 foot level of the knickerbocker assay as high as the water has covered this level since 1876 when it drove the miners out As an evidence that the ore was very rich to save it all the floor of the level was planked blanked with lumber costing at that time per thousand feet A crosscut cross cut is now being run from no 2 north to cut at or under this old knickerbocker shaft work of driving no 2 north is still continued wallace press the hecla mining company has declared a quarterly dividend of which is figured f 9 ared on a basis of seven cents a share the company pays a regular monthly dividend of but in the quarterly months the dividends are always larger the amount declared today makes the e total paid this year and a grand total of since the mine beme cance a dividend payer the company is capitalized for only in one million shares of the par value of 25 cents a share the quarterly dividend paid today is not the largest quarterly dividend paid to date as the september dividend of this year topped the list with it is larger however than the june dividend which was and equal to the march payment the monthly dividen dividends dEf this year were as follows january february 10 00 april may july august october and november |