The Seattle Star Newspaper, October 25, 1899, Page 3

' pepe i nl THE SEATTLE STAR. LL SSS The Old Times and tho New A revival of the ning Industry tn numerous camps which, after a feason f activity had fallen into idleness and ay In @ nottoeadle feature of the Industrial conditions prevailing at the close of the nino= teenth century Mines which a few years ago were considered worked out, or whieh had reached a cond tion where ores no longer offered an inducement for their extraction and reduction, are now being suc ly ated under Improved methods, advanced knowledge of the trea ment of ores and more favorable conomie conditions generally N imulus i@ given by the large de- and for metals, It is true, but this hand has not cheapened labor, nor have proce: thereby, though the areatly improved tt cation of — act which has resulted in a knowledge of the proper apptication of method, In every part of the mining work! marked ad vancement has been and is st ter have been rough the inereas ine made in the metallurgioal branch ° mining Industry and th f practical workers is disser 1 through the medium of ¢ tions of engineering socte as. If the e retained ‘ wecret, the ad. lurgy would be ker wo sbiiged to learn b ly and ex ment what r has 4 It . v tien of va ' edented cot dition, making success possible time ago failure could only have resulted from lack of this necessary knowledge.—Mining @n@ Scientince Press, The Copper Situation. ‘The New York Sun ta fully int ed about the copper situation, a ite issue of Sunday, September 24, it fuly discuseed ft. From that ar- ticle we excerpt, as follows The strength of the copper situa- tion ts pronounced, and the market for all brands notably firm. If a « - analysia were made it might be found that the strong position t* not directly traceable so much to any special activity in the metal at the moment, as to the continuance of ex- cellent trade conditions among do- Mestic manufactures, the closely ad- Justed balance between production and consumption, and other inciden- tal but marked features, which are Usually regarded as necessary con- comitants in the creation of sound market conditions. In the matter of copper production this country leads the world, produ. cing last year 234.271 tons, out of 474,- 8 tone for the world. Occupying this paramount position this coun- try hae lately been able to fix the price of copper, and yet after eleht months of extraordinary demand and stimulated prices the United States copper production from Jan- 1 to September 1, 1999, has in- creased barely § per cent. As to do- meatic consumption during the first eight months of this year ite growth has been rapid. and it is estimated to be about 21,000 tone ahead of the same period last year, not tncluding the copper imported into this coun- try from Europe since January 1, amounting to more than 20,000 tone Consilerable copper has heen ab- sorbed in the equipment of new elec- trolytic refineries in this country during thia year, but the bulk of plus production has been con by manufacturers wi riul Copper St ‘The copper situation and its won. derful strength are subjects of un- usual interest, and the fact that the market price of Lake Superior cop- Der at prewent is 18%) cents against 12% cents a year ago has excited con- sidera comment and much oppe- Surope, where the situ been fully ar i ment has manifested it- ently magn decline {® European consur and in failing to eraap fuly the mag- nitude of the American demand copper in the past twelve month which has more than offset any re- duction in the consumption of Fur- or There has en not only rmous trien nar p- but the ordinar b ' ® fon h niarg y position of coppe i « expla ° and part n ka ’ tt a the need 1 184 new and r been buying copper opner @ the a f first half of September of conditions in t forelen consumers ¥ 1 future, and that t 1 and winter months, will give American mines all they can do to 1 tee supply the trade on both aides of It in often t hat the d Index a World Beater. the Atlantic. Dearish Englieh clrous ‘ far pect is ' t lars have recently boasted that Mu able than th king of « producing Lart Th ta ) wires brought ope was rapidly approaching the 1 1 xperter 1 mine ‘ to Index the ¢ ne news from period when tt will be independent in a welt ent prop n the hin dintriet had tak of America for tte copper supplies pable that ite tithor (pert prime of the Spokane ex The proposition may appear ominous ow Tlowe t © ure mA pper prods x die to the unsophisticated, but the fact uninitiated ¥ re a is, moar tr swan in ¢ petition with that {t has not produced a ripple of than ut t t to be ‘ many other districts in th ate, Yarurt con the market indleates 1 ' 1 ry Oregor sd Idah the meant f importance which ts and whe are una be ue In arrange the exhibit po uttached to the prediction Pats the dint hor mea the " kan min ‘ at smp country shipped to Rurope during oun degrees of differ etween' a realized that th were nending the pant years 199,990 tone of pronpeet) ar oon A 4 pect to a pla ' “0 t ‘ copper, and during past five m be a hk © ale foot oF @ shate taken in ot s, and ” harp » foreten nirle for the first with may be edu " . hod Ip sped n elaht wv t f ieee ‘ unted to bu ind 1 omilr ul ' re creditable «hb ne ' 1 And @ ¥ 4040 pean lmpert t a ve hus fare oe itooften “ re greatly 4 th the res copper f tn miry are does, establish the fact tha 1 oulte ryt ve whap pyrites, va prot rr “ 1 tr 1th sion of th in and ore, besides fact he OX ! « of te judaer nee 4 that Index ete, from Chile, Aus and Jabor has iv but trifing he was a hurr © knew It before and Japan, These grades are 1 t if al Mut thie fa 7 ta lop r « for ordinary and coarse pur be ured under b 1 and lease at or sell properties, Our prospects a sing ina high degree the qua a of nda eanu tt ake ! nes dividend payers.— ties of tensile strength, ductility and in thin phase mining ' try Index Miner nis nductivity American metal is SS a emp ally presented at this unequaled, t b b nquir and is and the feid te widespread and inviting. —Reporter, Again It ls aneerted that copper at Ite present bla © wil lead to the introduction of a substitute, But aluminum is the neareat they have tas yet, and that has yet ie inroads into the copper feld. M lie the uses of tricity are increasing daily, and be had to meet these de- man it certainly does not look as if there was any immediate fear for the price of copper. Rather might {t prove more entertaining to dwell upon the possibilities of « copper famine.—Copper Situation. S533323333333233 33333 3359533 We Have for Quick Sale 50,000 SHARES OF STOCK OF THE 97 MINING COMPA) C . + At 2 Cents Per Share. This property consists of two full claims, and adjoins the Iron Mountain group of the cele- brated Lost Creek Company, in the Index district. The developments this year are particularly encouraging, and prom Looks like a chance to make «@ little money serve you well. JOHN E. McMANUS & SON 918 Second Avenue SEATTLE NATIONAL BANK. SEATTLE, WwW to make any ser se to continue so, Reference: 2 ssessseessi SO CCOOCOSOS POOOOCOO OOOO 9 McManus, of the ; funeet hme returned.from the #po- ticed kane exporition, and to the Recor@ he sald ‘The @pokane fair is doing tr t anything that has yet rtaken to exploit the min of thim state, and they have there the finest exhibit of ores 1 hav roneen at a general exh:- bition, Spokane is getting Interested in the weat * nd I have no doubt put that within a short time they will own some of the beat prospects ‘ in the Index camp, They are a proe t Chamber of Com. Kremsive f and have the cours mer All the signa of the tin h p t the East. rowin Fart the huge « te of Index are recet t The Philade ne of the most cor From the = present Indications Washington is on the threshhold of a mining boom, which will discount anythng heretofore experenc the history of the state. The com “ isp + ane ee tke Gemand—perhapse we should aa a aeei the Seen present demand, for it is alre uot eer Geeas tue tated here--differs from what has gone b $ \ sj fore, In some respects, and ts of a tthe ae t Pk fo eg sc much healthier character. h th The years have wrought wisdom, ever, and now capitalists are efully investigating properties 1, and while they are anxious scure good perties, insist that values shall be demonstrated as far as possible, and that there @hall be a reasonable assurance that yerally on the ¢ the Seatt t bnormal de * ar mining. When they hand by invest in ® property they know it apital for copper mines during the he winter, and it should be g pioneers of the coppers Jem to realize that the to death when Bee tea te ' o surere. He See Wane Ate With good management th be and selis a Paar i PM ith gooe emer ey can b ing 5 beni ope Hes ame thems Giicavering made to pay. This is as it should be, tire population % pe for Washington has hundreds of 5 be clas good mines that can be operated at Ol aft T @ profit and does not r Ito depend trmt could be desired, and those from upon grass root mines, always sur- W who had ex- rounded with more or lesa uncertains hibits were ind pleased at sid t them. Index This condition of affairs is due very pftoperly off firet prize largely fact that in the fo » will help the few year minera of the camy t ad that » Dave been earnestly engaged in more propert the west side oping their properties. y did not have exhibits.” learned that while a prospect may be found a mine must be mad The opening of the great copper res sources of the state, upon which the futu #0 largely ads, has tra capital Show the Londoners the mine 1 that devel Cascades. meat Lwell Ss Tape; SBeDE 1 ane The result ie that An effort it ade by the the en much earnest effort, Woeat Cascade « “ ompanie F which ts ne about to be rewarded the Seatt tock Brokers’ A . But investors should remember tion to enterta rm i that there is frequently more ney reputa Lond t brok 10 in the development of a prospect * ting Ros nd t ary, tha in op sting a mine and that Reput nd Slocan districts, I with equal « n the selection and h ' hould \ purchase # little more risk, r ur , with the ir while the profits are mu f « Jand ‘ ‘ ' ° There are hundreds of rod jeinity of Seattle, and no more ex pects in the state that yet peditious method of doing so could heard of and can be obtained for Many Western Washington mines be devis nan to take a few of very little money, The men who have are now quoted upon the boards of Lor outs In hand and clieeron ] the urage to take a prospect and Eastern mining exchanges. In fact them through the most access Gevelop it into a mine will realize a much of the buying and selling of dintricts. W. A. Romich ts the latest good profit, provided judgement is our beet properties in this part of the representative of his clase in the used In the development of the prop. strict.—Seattle P.-I, erties.—Industry and Mining. state is done in the Far Boundary t today. Second to None. If in votns alue and ramifies. tion of ite influence upon the welfare of a national government recognition and encouragement mould be given on industry, then that of mining holde a place hardly secondary t @ny other Agriculture in oll ite branches ne doubt inom jinportant than any other, from the fact that it eupplies food and clothing in the main for the hurnan family. It teen indumtry that cannot be dispensed with It employs more labor than any other. It i* maintained by nome men en- gawed in railroad tranaportation that raliroude are the largest employers of labor in the country In thie the are in error, Mining in all ite ranches employs more labor by far th railr Js and more than any manufacturing Industry or than commer Except agriculture it adds more to the wealth and sup piles more of the wants of the pe of the nation. Were m p, comm fume A phases to ce and bulk of the commodities hand Ne to two-thirde if pot te present proportions ducts of mines enter into house and railroad atructures, tt fur- nishes the pr pal materials for ships, machinery and implements of ail industries, and the utenmils ¢ the homes, It ia dificult to point out where iron, steel, copper, } zine und coal are not necessities of life r useful in promoting human hap- piness. Lant, but not least, mining furnishes the basis of the monetary f world, the media of exchange for all commercia a ne, 4 estic and interna Baker City Democrat rysteme ¢ Gen. J. D. McIntyre, the wer known mining engineer of this city and at the head of that very credit- able Institution, the Seattle Mining Hureau, has responded to a request to furnish the readers of The Times with his views regarding the mineral weaith of this country, as fol One of the greatest events of this century is the wonderful discoveries of mines in the Northwestern part of the United States. Here is @ section ef country, extending from the eouthern line of Oregon north ta, the Arctic circle, a distance of over 3.000 miles, and extending back from the et for many hundreds of miles. We had our Comstocks in Neva- da; we have had our placer mines in California; we have had our copper mines in Michigan; our Leadvilles and our Cripple Creeks, but sum these all up together and they will not aggregate a fraction of the dis- coveries made in the last three yearr in the Pacific Northwest. ‘The eyes of the world are turning with wonder to the unparalleled dis- coveries, extending over this tremen- dous area. It @ not one, two, ten, ’ fifty districts, any one of which bids fair to outrival the dis- coveries of the verious old camps heretofore mentioned. One article is too short to even name @ tenth of them, but Seattle te fast becoming, almost unknown to herself, th t mining center im the world. ‘The last two or three years Rave showed unprecedented increase in the production of wealth ajl over the world. The United States has had its full share of the increase and ha: easily led the procession of nations, In our country the advance has been general. The farmer manufacturer, miner, merchant, mechanic and la- borer have all participated. And In each great department of industry there have Deen special and large gains. But if we look for one where the gains have been large and the development of a kind to imiicate stability and continuous growth, mining will take the first place. In coal, iron, copper, and other metale used in the arts, and in many non- metallic minerals of great value, as limes, clays, etc, the gain has been enormous. The eheaper production of coal which has permitted us to lead the world in ite production, has been the most important help in our increased power of manufacture, transportation and commerce. The increase in iron production has de- veloped great industries. The gain in copper supply has developed the new powers of electricity, and go, one af. ter another, the minerals and metals have come forth to bring not only primary but secondary wealth from the industries and work their pres- ence has made possible. These fig- ures in all the more important lines of mineral and metal production are record breakers. But their increased production only foreshadows the ex- pansion of the arts of which they are the base.—Miner and Financier,