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About The west shore. (Portland, Or.) 1875-1891 | View Entire Issue (Oct. 11, 1890)
140 WEST SHORE. HOW MININO PAYS. Aa in evidence of bow mining pays, u an investment, we give below a carefully prepared table, a glance at which will be found interesting. Tbe table ia made up from the Hated dividend-paying mines of the atatea or ter ritories quoted, and does not include many mines which pay enormous profits on the money invested, such, for instance, ss the Anaconda group of mines, In Montana, which are believed to pay even greater pro6ts than the celebrated Granite Mountain. The list covers a wide expanse of territory and incudes fifty-two mines, all noted dividend payers, and has been com piled from January 1, 18M, np to September, 1890, a period of eight months. Montana, as usual, will be found at tbe head of the column : Montana, '.nm mints I2.8M.MS MiohifU, dsbl mln IMMWO Utah, lira mlo 1.2tS.O0O Colorado, tints mlnM 531(100 NmdMhrMmintt M,00 California, tntn minti KM Booth Dakota, two mint. WOOO NMtitoo,ontmlnt 10W100 Mtiioo,twomuiH "" Idaho, ou mint MB Ontario, om oiM tl-ta Ariiona, m mint Total IMM.'M The current value of the Calumet and Hecla mine, of Michigan, is re ported as (30,000,000; the Granite Mountain, of Montana, a mine which pays (1X10,000 In dividends every month as regular as clock work, (18,000, 000. The Alice Is rated at (1,080,000; Boston and Montana (7,375,000; Elk horn, (1,000,000; Kmplre, f 225,000 ; Hope, (400,000; Drum Lummon, (fi 31)8,000 and the Moulton at (200,000. Tbe Jay Gould, Hecla, Iron Moun tain, Parrot and several other famous montana mines are not quoted, il On tario Mining Rttvv. The assessor of Crook county, Or., returns property valued at (1,208, 8(10 as subject to taxation, which, as compared with 11)81), shows a decrease of (101,412. This falling off is due to the losses on live stock sustained dur ing the long and severe winter of last year. In 1881) there were 222,137 sheep assessed, while this year only 142,tll8 were returned, showing a de crease of 70,510. Tbe number of horses bas diminished 2,125, and cattle 6,840. Taken with the consequent decrease In value of other kinds of prop erty as a result of the losses sustained by the stockraisers, the total reaches (255,483; and when the dittoem between the whole amount returned for 1H80 and 181)0 Is considered, it la readily teen that the country bas made sulistantlal gains, aaide from the calsmlty which befell its leading industry. The county has at present 05,342 acres of deeded land, valued at (310,045. The Oregon Pacific railroad It builJing eastward through the Caicade moun tains from the Pacific coast, on its way to t connection with a transconti nental line. This road will traverse the entire length of Crojk county from east to west, and will afford shipping facilities to the producers and stock raisers of tint section which will place them In direct connection with the markets of the world, and will result In a rapid increase In both wealth and population. Another railroad It projected to penetrate that lection, the Southern Pacific railway company having signified Its Intention of building such road, tht branch leaving the main line somewhere in California and running northeastward through the central part of tbe state, crossing Crook county from south to north. This line will be of Incalculable benefit to Crook county, as It will give It connection with all the transcontinental lines now In operation In the state. The railroads now In course of construction In the state of Montana are the Missoula A Cu'ur d'Alene cut oft, the western extension of the Great Northern, The Great Kails A Alberta, a portion of Die Cooke City & Kocky Fork branch of the Northern Pacific and a number of smaller branches of tlit three trunk lines In the state. Four thousand men are now employed on tlit Missoula cut off. Tht road It being constructed by the Northern Paclfto and it Is exacted to have It completed to the state line by Novem ber 1st, When this road Is finished the main line of the Northern Pacific will be via Pott Falls, Cu ur d'Alene City and the Cirur d'Alene mining re gion Instead of making the detour around Lake Pend d'Orellle. About twenty-live miles of the extension of the Great Northern railway have been completed west of Fort Aaslnaholne, and the con tractors are Increasing their force of men, so aa to complete tht 108 miles to the summit of tlit moun tains before being compelled to quit work for the winter, On tht Great Falls A Allierta only a few mllea of track remains to be laid to complete the line Irani Great Falls to Iethbridge, Albert. Tblt road Is being built by tht Alberta Coal company to secure t market. Tbe Northern Pacific it pushing Die work on the branch to Cooke City, but the refusal of congress to grant right of way across a portion of Yellowstone park will delay its completion. One of tbe most encouraging features of tht m.ning outlook is the fact that so many of the smaller and individual operators are at work around in tte bills. Original locator, and miner, who have long held promising pros pects, merely representing from year to year, are now getting out and mar keting little lots of ore all over the country and realmng encouragingly. Many of the older and bigger producing mines are being worked by essees on .mall scale, at considerable profit. This la certainly favorable to the re gion and indicates that it is by no means played out Such operation, will encourage tbe companies and investors who have, through depreciation in values of silver and lead for some years past, experienced discouragement and depression, while the attention of other investors and capitalists will be drawn to the promising situation.-Xfy-lorw, Ketchum, Idaho. For over a quarter of a century has the soil of Grand Bonde valley been cultivated, and during all that time has never failed to yield a passable crop of grain hay, and vegetables, and all except two or three seasons, the yield has been phenominally large. The crop just gathered is one to rejoice the heart of the farmer and make the whole community glad. When we con sider the repeated failure of crops In whole states, the terrible disasters in nearly all sections of the country from floods, cyclones, hurricanes, hail and thunder storms, earthquakes and epidemic diseases, from all of which we are entirely exempt, we can not but feel t glow of gratitude and thanks giving to the Author of all good things, for the many blessings we enjoy, aa compared with almost any other locality.-SummmJle Annotalor. The Oregon City cannery is manufacturing 100 barrels of cider per day now, as apples are plentiful and being delivered at the works. After the juice is pressed out it is filtered by a process which removes the active agent in fermentation, which renders it possible to keep It sweet for an In definite time. The pomace is leeched and the product converted Into vine gar. An evaporator is also in operation day and night and disposes of four and one-half tons of prunes at a time. Appliances for the manufacture of jelly havt been added, and a large quantity of that delicacy will be put upon the market soon. For the next season's work mora room will be needed and the company will erect more buildings. The famous emotional actress, Clara Morris, will begin week's en gagement at the Marquam Grand on Monday evening next, presenting an unusually Interesting repertoire. Miss Morris is in robust health this sea son and her work is marked by an enthusiasm and ripeness of that supurb power which bat always been hers. The repertoire will include " The New Magdalen," "Camille," "Renee de Moray," "Miss Multon" and 8ar dou's " Odette." The company will be composed of the very best material, especially chosen for their fitness In the several roles for which they are cast. A new town has been laid out sixteen miles above Mehema, where the Oregon Pacific crosses the north fork of tbe Santiam. Tbe townsite em braces fifteen acres, and is on tbe land of Clarence Brown. It is now the eastern terminus of the Oregon Pacific, and contains a saw mill and about fifteen houses, among them a schoolbouse in course of construction. A postofflce will at once be petitioned for. The new town is in Marion county, and Niagara is the name chosen for it. " In order to encourage a laudible enterprise," the Milton EagU is of fering, until the first of November, to give one year's subscription free to each young couple who will " decide to relinquish tbe pleasures of single blessedness and agree to live together for the balance of their natural lives." Great inducement, certainly. The track laying on the Fairbaven A Northern has been completed from Fairhaven northward to Ferndale and a train was put on tbe road this week. A considerable stretch of the line from New Westminster south it also laid and the whole road will be under operation by the end of the year. The Great Northern company has three surveying parties at work In the Cascade mountains north of the Northern racifio and south of Skagit past. The road will be In operation between Seattle and Fairhaven early next year and incidentally It will Up some rich coal and iron mines. Tht council of Eugent City has granted a franchise to a company to construct a street railway in tint place, to be operated by horses, electric ity or cable, and has limited the time of construction of the two miles of track to five years, under penalty of forfeiture of the right given.