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Show ISNOWS IIV IDAHO mm active Coeur "d'Alene Companies Take Hint and Prepare .Winter Supplies. FEDERAL DEAL CLOSED iWilson-Mackay Group Is Secured Se-cured for a Quarter Million Dollars. S-pedal to Tho Tribune. TTALrjACB. Idaho. Sept. 23. A Hsht covering of snow in the hills around Wallace and Burke that lias fallon intermittently in-termittently during the past week lias caused th various mining companies In thfo parL of the Coeur A'Alcnes to look 1o their winter supplies and rush all work that demands complexion before "Winter ha a set In in earnest. The railroads rail-roads arc almost Revamped with the heavy incoming1 tonnage of coal, lumber lum-ber and machinery, whllo the wagon roads ar alive, with four and nlx-horse. teams draylivr this heavy freight from railroad to mine. The Federal company lm Just closed a quarter-million dollar deal, wher-hy wher-hy that company assumes ownership of the Wilson-Mackay property adjoining the Standard mine In the Mace dlutrict, midway between Burke aud Wnllace. That there are valuable ore deposits In this property in well known, as the Standard-Mammoth vein, from which many millions of dollars liavo been taken "by th Federal comranv in the Standard I and Mammoth mince, extends Into the J TVllson-Mackay property, which com-( com-( prises a nevnu-tenthE Interest In a group f of aire and. a. fraction claims, j Ore Goes Down Strong, i The, Standard, has been a producing mine for more than twenty years, and Its workingK iw.ve attained a depth of i'2(H feet. The ground has been worked to the Wilson-Mackay lines, and on the K00. 1600 and 1800-foot levels the vein Is Just aa wide and rich at the di-1 di-1 vidlng line as at any point in the Standard Stand-ard and Mammoth properties. Walter Mackay and Hichaxd Wilson, both of Portland, and who owned, until a few daye ago, the controlling Interest In the Idaho Investment company, which company com-pany owned the Wilson -Mackay property, prop-erty, were the original locators of the Mammoth mine, which they nold to the j Federal Mining & Smelting company at I the time of its organization something i like more than niiie years ago. At that I tlmo they retained their Interest in the Cleveland, Cleveland Fraction, Green-hill Green-hill Fraction, Saturday. Tlmberllne and Nonaparte lode claims, the ownership passing eventually into the hands of the Idaho Investment company. The balance bal-ance of the Intorest in this group of claims Is held by R. W. Leonard of Denver, Den-ver, and the estate of the late James Leonard of Spokane. I Stewart Officials. The deal Just closed has been under consideration by the Federal people several sev-eral times during the past few years, but The price asked has always been prohibitive pro-hibitive to their acquiring possession of the property. The price paid by the Federal Fed-eral company for the Wilson-Mackay interest in-terest in the claims is said to bo considerably con-siderably lower than that specified in former options which tho Federal company com-pany held and allowed to lapse. At a. meeting of the directors of the , Stewart Mining company held at Butte , several days ago. William Beaudry, superintendent su-perintendent of the Stewart in charge of the mining operations, was elected sec-' sec-' retary, the lionor having been uncx-; uncx-; pected by him, and came to both hlm- self aud many stockholders as a sur--prise. Edward. Hickey, a banker and mining man of Butte, wan elected president. presi-dent. M. W. Bacon was re-elected gen-oral gen-oral manager and will continue to direct the affairu of the company. E. H. Wil-i Wil-i Fon, also of Butte, was named vice president, presi-dent, and It. A. Carnoclian, another Butte man, was elected treasurer. , No particular changes in the general policy of the company were planned at The directors' meeting. The large oro , body in the lower tunnel will be developed de-veloped as rapidly as possible. , The Stewart Mining company and officers of-ficers were notified last Tuesday by at-1 at-1 torneys for E. J. Carter, leader of tho i Stewart anti-Heinse forces, that an attempt at-tempt would be made to have the standing stand-ing application for a receiver brought to (b hearing In the district court. Tho plaintiffs allege In their notice that the offloero have not obeyed the dictates of 'the court aud turned over the books of the company for Inspection. Snowshoe Operations. Visitors at the Snowshoe recently ro-J ro-J port that a crosscut on the ledge at a , depth of 1000 feet reveals an enormous uuantlty of ore, with a width of about fifty-two feet between walls.. This ore ils said to be of a grade equal to that now being milled and shipped from the i Snowstorm, mine, j The Blaine & Emmett company Is the .owner of a group of five claims located jabout four miles from Walte station on the Murray branch of the O. W. It, ,.t No. railroad. This properly has been recently recent-ly prospected by open-cut and tunnel with very encouraging results. The ores discovered carry values In gold, sliver, sli-ver, copper and lead, and some excellent excel-lent assaya have been obtained. Rock near tho surfaao has shown values as high as $49 in gold to the ton. The claims are crossed by two parallel ledsrcsi tf arge sizi b.ith of which are strongly mineralized and show much ore at even a shallow depth. Tho iron capping, the eliaractor of the formation and tho large, well-derlned leads, indicate as certain as such conditions can idicate In this district, that ore bodies of great commercial commer-cial value will be encountered at depth. At the present time a crosscut tunnel is being driven to cut the ledge at depth. It is estimated that the ledge will be reached in about 100 feet, when it will be drifted on and depth gained very rapidly. rap-idly. It is thought by mining mon who have examined the property that ore of a commercial value In llkolv to be encountered en-countered any time after drifting is begun. be-gun. The claims arc well timbered with valuable mining timbor. while water Tor all purposes is plentiful, it also has the adantage of being located near the railroad rail-road and no difficulty in the way of transportation will be encountered when a sufficient tonnage of shipping ore has been developed. |