Daily Colonist (1893-04-20) by Unknown

Author:Unknown
Language: eng
Format: epub
Tags: British Columbia; Newspapers
Published: 1893-03-25T16:00:00+00:00

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The only Pure Cream of Tartar Powder.— No Ammonia; No Alum.

Csed in Millions of Homes—40 Years the Standard

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being for tho most part above tho average —men who can work their own claims and who intond to do it. These, too, are the early comers, but, ill six weeks timo, when tho snow is gone, there will be men who are going to invest heavily In buying and working clainiB. The prospectors are from all parta of the United States and Canada, but principally from Colorado and Coeur d'Alene.

The winter's work has, so fur as the mines aro concerned, been all underground development, the mine owners preparing to ship ore as soon as thore is railway accom modution. "Thero are now stored in ware houses at Kaslo," continued Mr. Wurdner, "over 15,000 sacks of ore. When a new coiner arrives and wants to know what there is behind this town, all a real estate man has to do is to take him in thero and show him the solid stuff, which speaks for itself. That little pi'o will average up 70 per cent, lead and 12a ounces, and the value of it may be to some extent judged when 1 tell you that the several advances mude on it will aggregate over $75,001). Building in the town m very brisk. Tho new sixty-room hotel is now running. It has a big ollice and rotunda, and thero it is that all business men congregate in the evenings to talk matters over. Ore shipments uro being mr.do to Tacoma, Spokane and Sun Francisco, and will continue all summer. The mines are in great shape for taking out ore. They aro mostly developing like tho Slociin Star mine which is controlled by a wealthy Milwaukee company that is going to keep right on clearing away the veins and will not ship until there is a railway. The appropriation that has been made for the wagon road will have the tll'ect of putting it in first-cluas order, and lots of ore will come out that way. Freights down will bo cheap on accoimt of the wagoua having to go in to the upper towns and camps with suppliea and wanting loads for the return trip. The pooplo aro very much pleased with what has been done for them in this respect by the Government."

Mr. Wardner heard a few dayB ago of a heavy deal that baa been completed by one of tho big financial compauiea now in tho Kaslo-SIocan country. It is known as the American Investment Co., and ia principally composed of Diduth and Minneapolis men, the former being represented by General Scott, and the latter by Mr. Middaugh. They havo just closed for Cfteen claims adjoining tho Slooan Star, and have bought Bigelow's addition to New Denver, and a controlling interest in the Four-Mile town-site.

Thero ia a big lot of general news from Kaslo, Tho improvement company above referred to in order notto be blocked Bhould there bo n break in tho wugon road haaseut in eight tons of suppliea.

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