Open Collections

 0
EAGLE.
VOL III
.^NO. 1.
FERGUSON, BRITISH COLUMBIA, FEBRUARY 15, 1901.
$2.00 A YEAR.
n
A Qood Pointer to the Man Who
Contemplates Buying Stock.
LEGITIMA TE BUSINESS
Too Muoh Stock Manipulating and
Hot  Enough  Judgment  Used
in Purchasing Properties is
Disastrous to All Concerned in the End.
The Spokesman-Review has said
before, but It will bear repetition, that
"the safety of the individual, the
standing of mining as an Industry, and
the prosperity of the mining camps
themselves should call for constant
warning against loose and careless
methods ot investment."
With many who dip Into mines, one
question seems to suffice���"What will
it assay?" The assay Value of a piece
of ore Is but one of the many Important
considerations ln determining the
value of a prospect, and often the least
important. One of the greatest gold
mines ln the world���the Treadweil, In
Alaska���yields millions from ore that
return.) less than $4 per ton. Other
properties that give legitimate assays
of thousands of dollars per ton tre
worse than valueless, because they
would never pay, no matter how they
were developed.
Before the prudent man Invests In a
mine, he will study every polntof
bearing, the location, the width of the
vein, the width and length of the pay
ehute, character of the ore, the
character of the formation, the topography of the claim, the title, and
above all, the amount that will probably have to be expended before tho
property can be called a mine.
Men guided by these precautions
have always a chance of finding fair
rewards at mining. Men who disregard
them have hardly one chance In a
latter element, the wild-catter thrives
and the swindler profits.
In a general way, It may be said that
no man of limited means and grave
responsibilities should plunge Into a
business of which he knows nothing.
Before he-parts with his money, the
man of limited means and duties to
others should nsk himself whether he
can afford to lose the amount required
in the undertaking���whether the loss
would deprive his family of the necessaries and comforts of life, and his
children ot a fair education.
The mining resources of-this section
must be developed by sound Judgment
and prudent expenditure. Money
thrown away.or wasted will benefit.no
one, and will not advance the mining
Interests of tbe country. In truth,
"wild-catting" and ore "salting" are
detrimental to reputable mining.
The Mining Industry
is Not a   Gamble.
Business    Methods
Must   be   Adopted.
Mining Investments.
For some time past a great deal has
been said about the surplus of money
throughout the country, about the low
rates ot interest which money is bringing, and, particularly in the east,
about foreign Investment of American
capital.
The opportunities for making profitable mining Investments were never
better than at the present time. Mining is now being prosecuted upon a
muoh higher plane than It was ten
years ago, and although it cannot be
said to bave yet reached the position
of an exact science, It is a business,
whioh, if properly carried on, can be
counted upon to bring good returns for
the money Invested ln it.
Are They Too Bulky?
Why, then, is not more of this surplus
wealth put into the ground for Bate
keeping? The answer almost Invar!
ably given Is tbat mining investments
are too risky.
There Is an element of uncertainty
about every Investment, and mining,
of course, shares this uncertainty with
all other kinds of business; but, as we
have frequently pointed out, the
trouble is not nearly so often with the
investment as with the investor, who
tn very many cases has himself to
blame for the foolish and unbusinesslike way in which he has disposed of
his money.
The best of judgment and business
sense, and years of experience, cannot
fathom the secrets In the bosom of
mother earth with any degree of certainty, although science has done a
great deal In recent years to assist tbe
real seeker for knowledge. On account
of this necessary uncertainty, tbe
profits from mining should be larger
than from some other forms of Investment where the results can be
predicted.
Price of Shares,
FERGUSON WILL BE A "BUTTE."
Butte's Payroll is $1,250,000 Per
Month and Still Growing.
George Plunder returned to Rossland
recently from a trip to Butte, Mont.,
where he has been looking after some
mining business. He says Butte is a
great camp and the output Instead of
decreasing Is growing larger. He
reports that the snow has all gone
there and the weather is bo pleasant that
there is no need of wearing overcoats.
The pay roll at present is ��1,250,000
por month. There 1b a shortage of
water for the smelters and concentrators and a supply Is being brought from
the Big Hole river, a distance of 36
miles. This will Insure an ample
quantity of water for all purposes.
The people of Butte feel that the eamp
will last for a century at least. Mr.
Plunder says he saw one train loaded
by the Amalgamated Copper company,
going from Butte to Anaconda which
had 73 oars of about 60 tons each.
This train was drawn by a single Hawk
engine, said to be the largest of its
kind ln the west.
Many men owe the grandeur of their
lives to their tremendous difficulties.
���Spurgeon.   -
A thing Is usually worth about what
it Bells for, and a share of mining
stock that sells for 6 cents is generally
worth 5 cents, where its par value is
quoted at tl or SS. This brings up the
question so often asked. Why are mining companies so often overcapitalized?
and why, for instance, does a company
issue 1,000,000 at par value of $1 per
share, and which are sold at 1 oent per
Share, instead of 1,000 shares to be
sold at their value of 810, thus giving
the Bame working capital aB tbe million shares at 1 cent per share? Two
reasons can probably be assigned for
this. In the first place, 1,000,000 shares
sounds better than 1,000, and 1,000
shares at 10 cents per share are much
more easily sold than 1 share at $100,
In the second place, It Is undoubtedly
true tbat a mine may bo worth $1,000,-
000 after development which before
development is not worth $1 Oil or $1,000;
and If the money raised by selling
these low-priced shares is put into
honest development work the chances
are that the true value of the mine and
tbe par value of the stock will be
realized, assuming, of course, that the
property has been well selected and
carefully managed.
Gambling In "Fylers."
A mining investment Is no more
a gamble than in any other investment, excepting when the investor Is a
gambler, who attempts to get something for nothing. There Is a vast
amount of unmlned gold In the earth,
but there Is even a greater amount of
"fools" gold.
Mining should not be blamed, as lt
usually ia, for tho lack of foresight
and ordinary business sense, wbtch are
no less fatal to mining than to any
other business. It is not fair to charge
up against legitimate mining the losses
that have undoubtedly been suffered
by Investors, but whioh are due very
largely to sheer stupidity and in some
| cues laziness of the Investor, who does
not take the trouble to exorcise any
personal oversight over the Investment. As fair would it be to charge up
against the farming industry all tbe
Iosbos of the stock exchange.
A distinction must be made between
bona fida investments and "flyers," as
they are sometimes called. No one
should attempt the latter unless he can
afford to lose what he puts Into it, and
in case of that loss the less he says
about it the better wisdom does the
loser display.
Two Classes of Hen Causing Loss.
There is two classes of persons
through whose Influence money Is
being constantly lost in mining investments. First, the uninformed, well-
intentioned, honest man, who Induces
his friends to invest money in properties solely upon his judgement upon
a Bubject of which he is perfectly
ignorant. Second, the Informed, dishonest man, who is either a "shark"
or a "sharper." Although it may
seem unfair to place these two classes
of men in suqh close connection, their
Influence on the good name of mining
is the Bame, and if anything the
Influence of the former is* much greater
than the latter. The friends of the
honest man who have lost money In a
mining venture, since they know him
to be perfectly sincere and honest,
conclude tbat all mining must be dishonest, and fcoerolOrO giving everything ot a mining character a wide
berth, and in general use all their influence to keep others from making
similar investments. On the other
hand, tbe man who has been fooled by
a sharper, and linds that he has
bought a gold brick, is not apt to lay it
up against mining, and is usually only
too willing to keep quiet about It.
Men-fooling sharks will exist until
very near the time of the millennium,
and mining must expect to support its
share of tbe general family. Mr. Bur-
num knew mankind very thoroughly
when he said that they liked to be
fooled. Nothing evidences this mnie
strongly than that there are still concerns whioh apparently are doing a
flourishing business In the sale of
diving rods, electrical mineral indicators, etc., etc. No one section seems
to have a monopoly in the use of these
charmed mineral finders, for in Pennsylvania wo, find tt concern advertising
and sellingaparatus costing from $,i tu
soveral hundred, warranted to find tiny
known mineral, the aparutus being
provided with different forms of hooks
which are attached to the same line.
Whenever tho interesting public can
be induced to use ordinary common
sense and business prudenco in making Its mining investments tbe cry that
such investments are a natural and
legitimate way of losing money will
coase.
depth. It iB now in about 210 feet.
Mr. Horn expects to reach the ore
chute in about 70 feet more, drifting
and crosscuttlng. There has been ore
coming in on the last 15 feet of work
and indications look encouraging.
PROFITS DERIVED IN    MINING.
DIVIDENDS IN M,
Of the 38 Mines That Have Paid
Dividends 21 are in the Slocan.
LARDEAU'S TORN TBIS YEAR
No Longer a Gamble, But a Business Investment.
There waB a time when the people of
the eastern parts .of Canada and the
United States considered a mining man
on a par with a gambler, and if a merchant or .business man invested in
mines be endeavored to conceal the
fact from his contemporaries, for the
reason that if it were generally known
it would Injure his credit. The citizens of the larger eastern cities are
commencing to realize tbat it is a
legitimate industry that yields large
profits, and this opinion is being
reflected In tho leading journals. The
following from the New York Tribune
shows bow the sentiment towards mining is changing:
'The mining industry has paid more,
dividends, compared with other industries, than any other business known.
Compare the profits of mining with
150,000 odd miles of railway, with the
aggregated liabilities ofneariyJIO.OOO,-
000,000, then vou will see which
pays the best. Under tbe wing of mining there exists some of the safest and
most profitable of businesses. Take for
Instance the twelve great smelting
companies���the mineral pawnbroakers.
The smelting companies that do a
strictly custom business sho��v absolutely and unquestionably larger profits
than any other industry in America. I
know of Instances where capital capital
invested in smelting companies has
been turned over five times a year,
and each time the margin of profit has
been over 20 per cent, of the entire
amount handled; they take no risk;
simply buy the raw gold and silver in
ore, nt a reduced price, extract their
cost of treatment and pay tho miner a
residue. It Is a business where the
principal Is absolutely safe."
THE BLACK WARRIOR GROUP
People Will Soon Have to Admit
That the  Mining  Industry ln
This  Province is  Yielding
Some Big  Profits.���The
Lardeau Will Lead.
Of tbe 28 British Columbia mine*,
tbat have paid dividends all but seven
are Slocan properties. Of the $6,392,-
000 paid to date, considerable more
than half, $3,975,000, has been paid by
Slocan proper.
There are a few properties owned by
close corporations or private individuals front whom tbe profits of tbeir
mines can not be learned but otherwise the following is almost a complete list of the dividends paid by
the mines of this province since mining commenced:
���LeRol    $1,400,000
Payne   1,400,000
���War Eagle        545,000
Slocan Star        450,000
Ruth         350,000
Reco         350,000
���Cariboo         312,000
Idaho        300,000
Last Chanse        275,000
Whitewater      250.000
���Hall Mines      120,000
Rambler-Cariboo         90,000
Noble Five           50,006
���Athabasca          50.000
Rest        50,000
Dardanelles          50 000
Monitor          40.000
lackson        4n,000
Goodenough         36.000
Bosun         35,000
Slnean Boy           35.000
Queen Bess       35.000
Ymir        30,000
Washington        30.000
Two Friends          20,000
Surprise       20,000
Antolne          20,000
���Fernie          10,000
DOES MINING PAY?    READ ON.
One of the Most Promising Prop
erties in the Camp.
The Black Warrior group is Bltuated
on the head of McDonald creek and Is
reached by a good puck trail at a
distance of about nine miles from Ferguson to Black Warrior cabin. There
are tour claims in this group, with a
fine showing of ore on three of them.
Tbere is also abundance of timber on
the fourth for mining purposes. The
ledge lies in a wide belt of slate about
sevenity-five feet from one of the strata
of lime which run through the country.
A considerable portion of the ledge
has been stripped and a chute of ore
has beon uncovered of from sixty to
seveuty feet ln length and two and a
half to three feet Inwldth, lying along
the contact. The ore consists of galena
and runs 150 ozs. in silver, $8 in gold
and 50 per cent. lead. Thos. Horn, the
owner and locator, has started a tunnel
to Up the oreohute at considerable
Enormous    Dividends     Paid    By
Mines Last Year.
Tho Engineering and Mining Journal
which makes a specialty of compiling
the dividends of mining corporations
In tho United States, stated in its Inst
issue Unit tho total dividends paid in
1900 by 210 companies allied with the
mineral Industry of the United States
Is $30,041,000.
Theso enormous dividend disbursements, plaeo tho mining industry among
tlio' most profitable of tho nation's
industries.
The copper mines paid $3,1,433,000, or
more than one-fourth of the total dividend disbursements forthe yoar, which
puts our copper production first in
importance. .
This list of dividend payers, however, does not include many metallurgical industries that disbursed large
dividends during tho year, and which
should he added to tho disbursements
of the mining companies proper.
The Journal predicts that dividends
will be materially increased during the
current year.
Total $6,392,000
Tho mines marked with an asterisk
are those outside of the Slocan. The
placer mines are not of courso InoLtdoi*
in tho list.
It is expected that in a short time
there will be added to this list many
others among which will pro'^'ly be
the Nettie L., (Lardeau), Arlington,
American boy nnd Enterprise.
Such u showing as this speaks much
for tho profits in silver nnd lead mining nnd causes some wonder at the
seeming preference ot investors for
gold properties.
"BIG
REVENUE IS TO BE CREATED
Good Showing on the Cheyenne.
Frank Treanor and Ole Peterson
wete down frotn the Choyenne, up the
soqth fork, on Tuesday evening for
more supplies. They brought down
some fine looking specimens of galena
and Iron pyrites ore, much rosotnbling
that found on the Towser mine, which
they took out of thc opon cut they are
now driving. They are so well pleased
with results that it is altogether likely
they will do more than assessment
work, aa first intended.
If This  Progressive  Policy Is Put
in Vogue.
It ma*y lie that a wrong impression
tins gained ground with regard to tbe
position of Hon. W. O. Wells, if the
following from the Kootonay Mail is
backed up by action on the part of Mr.
Wells. The Mail says: "The policy
of the chief commissioner of lands and
works is a progressive policy such as
is eminently suited to the requirements
of tho provinco at tho present time.
Hon. Mr. Wolls hns taken the stand
that if capital is to be Interested in
this provinco the people and the government must first do something to
open up the country so tbat its resources may become available. With that
end in view an elaborate plan of public
works is proposed. The government
Intend to obtain reliable information
as to the resources of the different
sections of tho province, and where
theso will warrant the expenditure of
opening them up, it is proposed to
raise the necessary money to put in
substantial roads and trails, or to subsidise steamers, so that these resources
may becomo available and form remunerative Holds for the investment of
capital and tho employment ol labor." Lardeau Eagle.
Published overy Friday moraine at thc uttico
of publication, Ferguson, B.C.,by
It. V. I'KTTIPIKOE.
Advertising llstes: Display ads., 11.50 per
column ineh per month. Legal litis. 12 cents
per (noiipariel) line for lirst insertion ; Scents
lor i'iu'Ii additional Insertion. Heading notices
1G cents per line each Issue. No ads. accepted
at less than full rates.
Subscription Itates: By mail or earrior, 12.00
per annum ; ��1.00 for six mouths. To foreign
addresses (2,60.   Stopped at expiration.
*ob Printing: The Eagle Job department is
���aoll equipped, and is prepared lo execute all
hinds ot printing at honest prices.
gar-So chccpics accepted.
Address all communications to the
LAKUKAU EAOLK,
KEROUSON, B.C.
FRIDAY,   FEBRUARY 15, 1901.
WINOLETS.
SCREAMLETS.
NOTICE TO SUBSCRIBERS.
Twin babies are truo companions in
Do not be annoyed if at the expiration of
your subscription the Hagle ceases to fly vour
way. Duo notice will be sent you and if there
is no response your name will be cut off. It
saves ns time and money, and "business is
business."
Don't run if you want to catch your
breath. 	
He who makes no mistakes makes
nothing else.
A   woman   is u  fact���and facts are
stubborn things..
NOTICE TO CO-OWNER.
A n old bachelor says that a marri'
age certificate is a noose-paper.
A pessimist  is a man who preferi
artificial light to genuine sunshine.
"Mining" operations in the eastern
money centres have been very brisk
this winter and it is to be hoped that
the money will be expended ln actual
development work this spring. The
great difficulty Is that there is too
much "mining" done above ground,
^t will be In order for all the mining
companies In this district who are still
selling stock on tbe grounds that they
are "just waiting for a railway to commence shipping ore," to get in and do
something. By the time many of these
Bame properties are ready for a rail-
waythe railway will be here for years.
And with others this is just the right
time to begin work, as there is an
absolute certainty of cheaper transportation facilities by this time next year.
In the province of Ontario there are
about 250 cities, towns and incorporated
and of these  uearly  50 per
cent, are supplied with water works.
Rxcludlng Beven cities and four towns,
all these works have been constructed
in the past 20 years; and tho. majority
have been constructed in the past 10
years. Of these works the munlci
palities own and operate 110, while
eight are owned by private companies.
The electric light plants are more
recent, and as a result the proportions
as regards public ownership are
reversed. There are 110 electric
plants in Ontario, of which only fourteen are owned by the municipalities
and 126 by private companies.
Many a would-be actor seems to have
made the mistake of his life by being
born. 	
Some fools put on more airs than a
wise man could grind out of a barrel
organ/ 	
The expectation of the impossible is
tbe main thing that lends interest to
existence.       	
The man who knows nothing and
wants nothing ought to be comparatively happy.
It doesn't pay to be obstinate. Neither is it wise to attempt to take all
the advise offered.
Some men never have any respect
for grey hairs until after they have
acquired a few of their own.
Keep your eye on a broker who puts
up a good story about the wlldcattlng
features used by other brokers.
To (J. O, BENNETT :
Take notice that I the undersigned Co-owner
with you of the "Brer Fox" mineral claim situ-
ated on the northwest side of Haskins creek
and Hbont three mtles from Its mouth and being a sotlth-casterlv extension of tne Fayal
mineral claim in the Trout Lako Mining Division, of west Kootenav, in the province of
British Columbia, bave performed and recorded the assessment work and made the ex
pendlture required to be done and recorded on
ihe above mentioned claim tor the year 1890
under section 24 of thc Mineral act and the
year for which such work was performed and
expenditure made having expired I do hereby
give you notice pursuant to section 4 of the
.Mineral Act Amendment Act 1000, to contribute your proportion ol such expenditure for :
the year hereinbefore mentioned within 00
days of the first publication hereof,
Dated at Trout Lake this Sth day of November, A. D. 1000.
87-48 PETER MCVEIGH, Co-owner,
THE EMPIRE TYPEWRITER
Price $60.00
Visible Writing; From Start to Finish.
Permanent Alignment. Durable and
Simple.
Thousands in use in Canada, Great
Britain, Pranoe, Italy, JJnited States,
Mexico, etc, giving; entire  satisfaction.
The Williams Manufacturing Co.,
Limited, Montreal.
B. C. AOBNTS:
The Thomson Stationery Co., Vancouver, B.C.
NOTICE TO CO-OWNERS.
TO ARTHUR EDWARD STANFORD:
Take notice that The Double Eagle Mining
and Development Company, Limited Liability,
co-owner with you of thc "May Bee" mineral
claim, situated on thc Nettle L. mountain near
Ferguson, ln tho Trout Lake mining division
of west Kootonay, British Columbia, have
performed and recorded the assessment
work and made the expenditure required
to be done and recorded on tho above
mentioned claim for the year 1900 under see-
tion 24 of the Mineral Aot and the year for
whieh work was done and expenditure made
having expired, we hereby glvo I you notice
pursuant fo section four of tho Mineral Aet
Amendment Aot 1900, to contribute your proportion of such expenditure for the year 1900,
within 90 days of the first publication hereof.
Dated this 16th day ol January, A. D. 1901.
THE DOUBLE EAGLE MINING AND DEVELOPMENT COMPANY, LIMITED
LIABILITY,
'er A. H. Holdich, Secretary.
A large number of the mining
brokers doing business in this province
would't know a tunnel from a rain
barrel.
When the Eagle editor picks up the
provincial exchanges���or even takes a
look at his own production from week
to week���and reads column after column of the glowing prospects in store
for the long-waiting Lardeaultes during the coming year, he naturally
becomes filled to overflowiug with
enthusastn; butalasl it is but enthusiasm. The future may be, and the
RAGLE still believes it is, very bright;,
but a careful scrutiny of our Inside
pocket reveals the fact that we are
still living on "hope." Unceasingly
we strive to place the unbounded
mineral resources of tbe Lardeau
before the outside world, and patiently
we await for enough collateral to "pay
tho printer."' A year haB come and
gone, and with this issue we enter
upon another term. The future may
be all right, but wo are living in the
present. From a newspaper point of
view it is therefore necessary that
something of a sheriff-proof nature
drop in this way. As Mr. Lowcry
would say, "verily are wo full of
prunes and lake water."
Too many  mining   properties   are.
purchased before they are over seen
by tbo purchaser, in this camp, to war
rant a safe investment for some shareholders.
Those who doubt the early advent of
socialism would be surprised how
quickly It would come if they voted
for it.
Ti'UBts help those who are on the
inside. Whon the whole people stand
on the inside, the whole people will
receive benefit.
Be such a man, live such a life, that
if every man were such as you, and
every lifelike yours, this earth would
be God's Paradise.���Phillip Brooks.
NOTICE TO CO-OWNER.
Let the Eagle print
Your Printing . . .
The   Eagle has  now   enroute
from Toronto  one  of  the most
complete stocks of stationery, etc,
ever imported in North Kootenay.
Several Fonts of  new  type   will
also be added to our already up-
to-date plant, which wilt enable us
to    successfully   cater   for   the
Lardeau   printing  trade.
<��?
t
@
Our Printing Is neat,
clean and attractive
Hotel Ferguson
TO NAPOLEON WELLS:
Take notice that we tbe undersigned co<
ownors with you of the Little Kobert and
Little Robert No. 2, mineral claims situated at
the extreme head of the north fork of Lardeau
creek lu the Trout Lake mining division of
West Kootenay in the province of
British Columbia, have performed and record*,
ed tbe assessment work and made tbe expenditure required to be done and recorded on the '
above mentioned claims for the year 1900, j
under section 24 of the Mineral Aet and the
year for which work whs performed and ex*
Ecnditurc made having expired we do
ereby give you notice pursuant to section 4 of
the Mineral Act Amendment Act 1900, to contribute your proportion of such expenditure
for the yenr hereinbefore mentioned within 90 '���
days of the first publication hereof.
OatcI at Trout Lake this *J8th day of Januarv
A. I). 1901.
UISO.T. LUNDY,   J. O. KIRKPATRICK,
co-owners.
THE PIONEER HOTEL OP THE LARDE AU
The Bar is supplied with the best brands of:
/Pines, Liquors and Cigars.
Headquarters for Mining and Commercial
Men.   Tenderfeet comforted.
Rates $3.()0"*t day and upward*.
Ferguson Bros., Proprietors.
NOTICE.
A larco number of the EAGLE'S subscribers
are paid up to Fobruary 14,1901. Duo notice Is
hereby given, and each and evory paper will
bo stopped at expiration. This may cause
annoyance to reatiiwh' who are "good,rfor the
small amount of *J, but this Is simply our way
of doing business, so none need bo offended, ns
all are used alike. To avoid missing u single
issue send In your Jr at once. We need lt in
our business, Hnd the EAGLE will endeavor to
give a better (2 worth this year than last.
The Trout Lake Topic insists on
having a smelter located in its town.
All right, friend Topic. Trail has a
smelter, but Rossland Is good enough
for us.
The trust Is the natural growth of
industry; it Is here to Btay, and ought
to stay for ourely none but the unwise
would advocate going back to tho days
of the stage and freight teams.
Tho nows   whioh  comes   from  tho
Hast, says tho Nelson Tribune, to the
effect that the federal gove-nmont contemplates    the     purchase    of    the
telegraph systems of tho Dominion is
almost too good  to be truo.   Such a
reform would be welcomed from ono
and of Canada to tbe other, and would
be in line with the Improved means of
communication    whioh    the   present
government   has inaugurated  iu the
postal  system.     Government ownership of the telegraph service is no new
idea.    It Is a service which can only
flourish under a comparative monopoly
and  the tendency of tbe  times    is
toward the administration of all monopolistic services  by the state.   In
Great Britain  the telegraph linos are
owned and operated  by the state in
connection with the postal service, and
with highly satisfactory results both
from tbe standpoint of efficiency and
eoonoray.    There Is noTOason to suppose that equally satisfactory results
could not be secured in Canada.     The
dominion has the credit necessary to
put suoh a deal through, and Its poople Btand ready to applaud and support
the statosman who is sufficiently progressive to carry such a programme
through to completion.
What the nation will be thirty years
hence, depends chiefly on what tho
children of the present decade are.
The world makes its progress on the
little feet ol childhood.���Heslm Streton.
The trusts savo tho wnsteof competition by destroying competition. They
mean maximum production at iiiinlmun
cost. The fight against them is as
foolish ns was tho battle against labor
saving machinery,
Down with competition say tho railway magnates of tho United States,
and a combination of the railway trusts
is to bo the result. Co-operation is the
coming Issue. Tho next stage in
socialism���or all the people becoming
shareholders instead of a few.
If
You
Have
a lot
in   Ferguson
you
wish   to    sell,
send
particulars  to
the
Eagle   office.
Sale
guaranteed,   if
the
location    and
price
is right.
W   BEST WINES, UQUORS.AND CIGARS. BEST CUISINE SERVICE.   IS"
FINELY EQUIPPED BAtt.
REFITTED AND REFURNISHED.   Jit
BEST 12.00 A' DAY HOUSE
IN THE LARDEAU DISTRICT.
..Hotel Lardeau..
/. Laughton, Proprietor.
Ferguson, B.C.
HEADQUARTERS FOR MIXERS
AND MINING MEN	
Weary Willie-"Say, pard whet's all
dis talk about socialism, a feller hears
now adays?"
Pard���"Its some kind of a new
fangled deal, wot makes everybody
work.
"Den," replied Weary Willie, positively and with a determined look in
his eye, "I'm agin It."
Time and again tbe Eagle has asked
property owners to come in or write us
public particulars concerning tbeir
properties.' Some have responded, but
many have not. How are people on
the outside going to known you exist
unless you tell them so. Trot along
information: concerning your holdlngB
and the Eagle is at your service, lt
will help you, help the other fellow and
It helps us.
For all the difference
in the cost
Everyone should use printed
stationery. You ' buy canned
goods by the caBe to save money.
Why not buy your Letter
Heads and Envf.lopes In 500 or
1000 lots; then you have printed
stationery at the same price as
If you bought blank paper by the
pad. To secure the best quality
of paper, neat, clean and attractive printing and prompt attention
to your order, call on or write
The Lardeau Eagle,
FERGUSON, B. C.
CASH
NEATLY FURNISHED,       ��� '
WELL L OHTED AND HEATED ROOMS.
CONVENIENTLY   ���fS'
SITUATED OX VICTORIA AVE.
^����W*i! $ s$kjh$hS*$���&-$-& $ SK'K? m -&4
H. G. PARSON
Wlioh-Hiiltri   II oi lev   In
... Wines, Liquors and Cigars...
The Heit Goods Only.
Ntonik I.iuki' ��'"��� ���"I'ntj'l.'.p.
REVELSTOKE, B.C.
t j   FERGUSON    I
Is tlie....
r
Will gut   you   anything you %
want   from A.   G. PRASEB, ^
General   Dealer,     Thomson's ���
Landing, B. C. *
frs*-mt����mM*M*��t>Mij
The place where
the Mines are.  f #
COMK AND 1NVKNT1UATK KOK VOl'ltSEI.t'. . . :  j*L
|[^'*|r>��$?-^
*
'Jk
1
,V
y<
4 r
Will Do Well to Peruse the Facts
Herein Contained.
NO TIME LIKE TI PRESENT
Ferguson
Townsite
T.A. Wilson, M.D., CM.
L. R. C. P. & S.   [Queen's University,]
Provincial Coroner, Etc.
PHYSICIAN AND SURGEON,
Ferguson, B. C.
The Man Who Can See the Length
of His Nose Will Not Hesitate
to Invest His Money in the
Lardeau,   the   doming
damp     of    B.    0.
That the Lardeau district has
unbounded mineral resources no
well informed person will deny.
The Lardeau district is entering
upon a new era, brought about by
wonderful developments, finds and
strikes already made; along with
the fact that the construction of a
railway by the C. P. R. is absolutely certain for early next season, in
fact the company are now building
the wharf at the head of Kootenay
lake, and the contract for 80,000
ties has been let.
The large ore shipments being
made this winter in spite the fact
that transportation and treatment
costs $35 to $50 per ton, indicates
the high grade nature of our   ores.
With cheap transportation next
season, when Lardeau's low and
medium grade ores can be treated
profitably the possibilities are
astounding.
The attention of outside investors
has already been arrested and hundreds nre now making arrangements to, operate in this district-
in fact some of them are here now,
securing bonds, looking for and
finding ground-floor propositions.
No district in Canada to-day
offers better ' inducements for the
investor than this one. The mining
industry is no monopoly. The poor
man has even chances, at least more
so than in other lines. When he
finds a "Triune" he doesn't need to
sell. What other occupation in
life can a man follow where his
chances with a wealthy competitor
are less diminished than in prospecting and mining?
"There is a tide in the affairs of
men,which, taken at the flood leads
on to fortune." It may not be your
lot to make a fortune, but if ever
there was an opportunity in a min
ing camp, the Lardeau offers it
to-day. Don't wait until the rail
way comes; for then the prospector
is not in the same need of money to
hang on.
If you have money to invest now
is the time to investigate. - Come
straight to Ferguson j you will find
men here who have properties to
sell j in fact Ferguson is the home,
the meeting place for prospectors
and investors. The owners, as a
rule, will be found most reasonable
and always ready to give you infor
niation, cheerfully escort you to
their properties, and otherwise
interest you in their interests. We
have the mineral resources and no
money to develop them. Will you
come in and help us and thus help
yourself ?
NOTICE
Fred C. Elliott,
BARRISTER, NOTARY PUBLIC, ETC.,
TROUT LAKE CITY B. C, AND
Ferguson, B. C.
Purchasers of lots are
hereby notified that all
payments from this, date
must le made to the undersigned, whose receipt only is
valid.
Final Payments may le
sent to the Imperial Bank
of Canada, Revelstoke, P.C.,
to le held till delivery of
deeds.
Henry Floyd,
Sole Agent Ferguson Townsite.
Harvey, McCarter $ Pinkham
BARRISTERS, SOLICITORS,^iTC.
OFFICES;    REVELSTOKE AND GOLDEN.
Solicitors for Imperial Bank of .Canada.
Oeo. S. McCarter. J. A. Harvey.
A. H. Pinkham.
J.M.Scott, B.A.,L.L.B.
BARRISTER, SOLICITOR, ETC
OFFICES:   McKENZIE AVENUE,
Revelstoke, B. C.
A. E. Holdich, M.C.M.I.,
ASSAYER AND ANALYTICAL CHEMIST,
Revelstoke, B. C.
POSTAL    ADDRESS:
January Sth, 1900.
REVELSTOKE,    II. C.
Methodist Church
Ferguson : Service* in school house every
Sunday at 3 p.m    junday scboolat2 p.m.
Trout Lake Cit" . Services In Forrester's
hall every Sunday at 7:30 p.m. Sunday
school at '2:ifOp.m. ) -'
REV. S. J. OREEN, Pastor.
Showing tho position of the
streams, mountains and pusses,
waterways, every claim in the
Trout lake mining district, the
trails and wagon roads, location
of surveyed railways, and everything which will assist an outsider tn acquaint himself with
our district. The production
of this map has been taken hold
of by two of the best fitted men
for tho purpose in thc province,
Messrs. A. P. Cummins, P.L.S.,
and S. Shannon, B. A., both having personal and practical know-
lodge of the district.
The map is to be beautifully
lithographed in five colors anil
entirely free from advertising
matter of any kind.
The urgent necessity for such
a complete map, probably 40 x 40
has long been felt by all persons
interested in this district; and it
is a pleasure to note that two
such able mon havo decided to 111 I
the bill. The Prioe, the same
to all, has been placed at the
sum of $1.00, prepaid to any
Address.
If You   Want one  or  More
Send your address at
once to
The Lardeau Eagle
Forguson, B. C.
Canadian Pacific
AND SOO LINK.
A Reliable
Timepiece
Is a Jewel.
If your watch is nut of order, needs
cleaning or rejjulatibg bring it to me
at once and I'll guarantiee its repair.
My shop la in the Eagle bldg.
S. F. W. Gainer.
MINING PROPERTIES
In thc Lardeau
For Sale
Working Bond
or Lease
S. THORNTON   LANGLEY & CO.
ROSSLAND, B. C.
I'l'Oftiotet'S    uf    Legitimate   Mining
Kntcrprisos.
c
On nil trains from Kevolstoae and
Kootenay bantling.
Also Tourist Cars
paBS Duumore Junction for
St. Paul on Sundays, Tuesdays, Thursdays and Fridays. Toronto on Mondays
and Wednesdays. Montreal and Boston on Saturdays. Same cars pass Rov-
elstuke ono day  earlier.
��0I8TEB'
THIS iS'THK
UN'ON LABEL
ofthe United Hatters of North America. ��� When you
are bnvfng a FUR
HAT, either soft or
stiff, see to it that
thCRcnutac UNION
LABEL Issowcain
it. If a retailer hns
loose labels In his
possession'and offers to put one In a
hat for you do not
patronize him.   He
       gl 	
lnbels in retftilstores are counterfeits. Do nol
Listen tetany exnlatiatlon as to why the hat lues
no label. The Genuine Union Label is perforated ou the four edges exactly the same ns a
pOBtage stamp.     C'outerfeits arc sometime!'
icrforntcd on three of the edges, nnd sometime!
inly on two. Keep a sharp lookout for the
counterfeits. Unprlnctpledmanufactureisarc
using them ln order to get rid of their scab-
made bats. The John B. Stetson Co and Henry
Itoelofs, both of Philadelphia, Pa., are nonunion concerns.
JOHN A. MOFFITT, President, Orange, N. J.
JOHN PHILLIPS, Secretary, 477 Park Ave.,
Brooklyn, N. Y.
Smoke Cigars
And at all times insist on the
box hearing the blue label.
It helps manufacturers to see the force
of paying fair and honest wages.
The Label Committee, C. M. I. U.
The Union Label
On everything you buy li a guarantee
that the producers thereof receive a lair
rate of wages for Its production.
Insist on having the label.
See that this Label is on all Clothing you buy.
Halcyon Hot Springs
Sanitarium   .   .   ,
ARROW LAKES, B.C.
Tlio most complete resort on the continent
of North America. Situated midst Bcoiiery
unrivalled for grandeur. Iioating, tbliing
and excursion!.. Resident physician mid
nurse. In telegraphic communication with
all parts of the world. Two mails tirrlve and
departevery day. Its baths cure all norvoiu*
and musoular diseases Its waters heal all
kidney, liver and stomai-h ailments. Its
baths and waters arc a sure remedy against
all argentiferous poisons. TERMS : f 10 to
|18 per week, according to residence in bote,
or villas.
For time tables ind full information call on
or Address nearest focal agent-
J. MeCRKKRV, Agent Arrowhead,
J. S.   CARTER,  T. V,  A.,   Nelson.
e.j covus, ami. kmi,Aft., Vancouver, 11.0. S, DANEY> Proprietor.
ALL WORK GUARANTEED.
Ferguson Packing
and Transfer Outfit.
HEADQUARTERS AT FERGUSON, B. O.
Contracts entered into for packing of
Mining- Supplies, etc., tp any point
in the district.
Good, prompt service, and any work
undertaken guaranteed.
Freighting- from Thomson's Landing
to Fi rguaon a bpecialty.
Real Estate
in Ferguson
IS PROBABLY THK 8APE8T INVESTMENT IN THIS COUNTRY
AS CAN BE READILY SEEN PROM THE ACTUAL
RECORDS OF ASSESSMENT, CERTIFICATES OF IMPROVEMENTS, DEVELOPMENT, NEW STRIKES ��� IN VARIOUS
MINING PROPERTIES SURROUNDING FERGUSON AND THE
FACT THAT A RAILWAY WILL REACH HERE NEXT YEAR.
THE , DEMAMD FOR FERGUSON REAL ESTATE WILL BE
TOO BRISK BY SPRING TO SECURE THE SAME VALU ES AS
NOW. CHOICE LOT8 ALREADY DISPOSED OF ARE CHANGING HANDS AMONG PRIVATE OWNERS AT DOUBLE AND
MORE THAN OUR PRICES. AND IT IS QUITE REASONABLE
TO SUPPOSE THAT THE TOWNSITE PRICES WILL
BE ADVANCED  AS  THE   DEMAND  FOR LOTS INCREASES.
Ferguson is the
Coming Town
The Place Where
the  Mines Are
1
FERGUSON IS RECOGNIZED BY ALL TO BE THE
BEST LOCATED AND LAID OUT TOWNSITE IN THE
LARDEAU DISTRICT. ITS UNIQUE POSITION. AT THE BASE
AND GATEWAY TO THE GREAT NORTHERN, NETTIE !..
AND SILVER CUP HILLS, ENTITLES IT TO "HE WKI.l
KNOWN LOCAL MAME-THE PAY ROLL CENTRE. FERGUSON IS THE HEADQUARTERS AND OUTFITTING POINT
FOR ALL THE MINING MEN NOW OPERATING IN THE
DISTRICT. ACCEPT A POINTER, MAKE ENQUIRIES,
COME IN AND SEE FOR YOURSELF AND YOU WILL
AGREE WITH US THAT FERGUSON RB'.AL ESTATE IS
THE BEST THING NOW OFFERED AS .A RAFtE INVESTMENT IN THIS  COUNTRY.
FOR   PRICES OF LOTS,   ETC., APPLY TOi
Henry Floyd,
Sole Ageni,
Revels teke, B.C. ON THE WING ITEMS
Andy Cummings went to Revelstoke
yesterday.
What has become of all the Eagle's
correspondents.
The local saw mill will likely commence cutting lumber to-day.
Concert and re-opening dance at the
Balmoral hotel next Thursday evening,
the 21st.
Do you intend  to do any work on
ynur properties this season?     If to let
thc Eaole know of it.
Twelve thousand nine hundred and
eighty-nine soldiers have been killed
since the war commenced in South
Africa.
11. G.   Parson,   wholesale    liquor
. dealer  at Revelstoke and Golden will
pay  the  Lardeau  a   business    visit
shortly.
R. L. Borden, (Halifax), has been
unanimously chosen as the leader of
the Conservative party in the house of
commons.
'.-     \'v
When you smoke a cigar insist on lt
having the blue union label. See the
Revelstoke Clear Mfg. Co.'a advt.
elsewhere in this issue.
To harden a steel tool for a special
purpose, heat It to a cherry red, drive
the point into a cake of lead, and leave
it there until lt is cold. It will prove
to be hard and tough.
The Revelstoke public school trustees are endeavoring to Induce the
government to establish a much-needed
high school in that town. Why
doesn't the city itself tackle the
proposition ?
., "The time Is undoubtedly ripe for
judicious investment. Men who have
invested carefully In the.Lardeau have
made money, and there never was a
better time than now."���A. E. Welch,
London, Ont.
During the year 1900 the Eugene
mine at Moyle shipped over 17,000 tons
of ore, of a total value of over $1,000,-
000. The pay roll in tbe town during
the year averaged nearly $30,000 per
month, or $360,000 for the 12 months.
tt Is Btated on good authority that
the output of the ore from the Le Roi
mine, Rossland, Is to be increased.
The intention is to send to the smelter
during this month about 35,000 tons
and thereafter to maintain a minimum
monthly shipment of about 30,000 tons.
The B, C. mine, one of the largest
properties in tho Boundary district,
has been sold to an American syndi-
cate for one million dollars. During
- the past six months this mine has
shipped $50,000 worth of ore to the
Trail smelter. The mine waB bought
for $400 only a few years ago.
The net returns from ore shipments
at the American Boy mine, Sandon
district, not including the cost of mining or packing, to date have been
$19,731.32. The total money handled
by the tranagement in 17 months has
been $26,153. The manager estimates
that there ir, $100,000 worth of ore
blocked out.
At Cripple Creek, Colorado, the
miner may go up to his work from the
town on an electric car, go down in the
mine by an electric hoist, operated by
electric signals, the shaft being kept
3ry by an electric pump, do his work
hy an electric light, talk to the town
and thence to tho world by an electric
telephone, run a drill electrically operated, and fire his Bhots by an electric
blast.
The Cranbrook Herald says that
Indian Agent Galbralth is authorized
to pay $500 each for a pair ol'mountain
sheep oi goats, or $1,000 for a pair of
each. Tho animals must be delivered
alive to the Indian agent. This Is the
largbst offer yet made for the animals.
Some of Lardeau's enterprising hunters
may make a special effort to fill tho
order, as It is well known that shoop
are to bo found in the district.
P, McVeigh returned yesterday from
Lardo, whither ho accompanied John
G. Sullivan, district C. P. R. construc-
,, tion engineer who laid out the work
for the construction of the new wharf.
Tho firm of Ponporo & McVeigh will
be identified with James McDonald in
tlie enterprise,. A contract for 10,000
I "���!. nf piling has been let tn Potman
.'.' '.Viijlier ol Lardo, whose instructions
!, e in got out the piles ns rairidly ns
l"i.-'.ib!e.- Nelson Miner.
The Myrtle gifiip. ut, the head of
'iV(,!i'e Mile, owned by Fred. JUmos
..".',   William   'l'ii!f.'i's;ill   i, ti rl    Thos
V.'eHng. I'.fl/.   ii'-i'ded   :l   few   (lava   ago
! ��� r..,'.','"!i c.'l'iwii by .1. W.'Wlrlinlni'.
';;,. i.tiee ".tilled i�� ftffi.UOJ, and the
i ;.ii i i.e.. tf> i��iiii:'liw. Vile Sitiiio (HU ty
i :.* iiiso itiken a lio'id on the Ottawa
��� '���il'tii ��i fclillOOO. This property In
Himiled   nit   Springer   ereok,   and   is
��� 1 liy \V. K   Clement; ('. I'. Wich-
maun and W. E. Worden.
BUSINESS   LOCALS.
* If you want all the mining news
of the Lardeau you must become a
paid-up reader of the Eagle.
* Fine new line of type and station'
ery just received at the Eagle printing
palace. Let the Eagle print your
printing.   Our work is our solicitor.
* If you want to cure la grippe send
to tbe Canada Drug and Book Co.,
Revelstoke, B. C. Mail orders
promptly filled.
* If you have a lot in Ferguson you
desire to sell, write, giving full particulars, to this office. A buyer guar
anteed, if tbe location is suitable.
* When you reach Trout Lake City
register at the Queen's Hotel, Abrahamson Bros., proprietors. Good
accomodation ; best service ; choice
wines, liquors and cigars; fire proof
safe; rates reasonable.
HARD BUT HONEST.
The introductory number of The
Okotoks Times, published by M. Hodg-
kin, is to hand. Okotoks is a growing
town on Sheep creek, between Calgary
and Macleod. M. Hodgkin, popularly
known as the "Dook," held cases on
the Calgar,' Herald when the writer
was "printer's devil." On leaving that
institution to work on the Tribune,
someone got off the following on the
"Dook":
After years of toil   the peg leg gent
bas quit.
Out towards the ancient Tribune he
has Ut,
Where neath Bernard's kindly eye
He will wallow in the "pi,"
And the "quacks" to set won't bother
him a bit.
No "print" can laugh at the peg leg
gent at all,
For he's never yet been driven to the
wall.
And he's always had a "rule,"
Held a job and owned a stool,
Which is'ntbad for 'Booklets'after all.
The Eagle wishes you all kind, of
success Mark,
THE KIGHT-HOUR DAY IN SPAIN.
A'recente dspatch from Madrid says:
The strike on the railway to the Por-
tuguse frontier, is causing a great dislocation of traffic. Only a few trains
are running, and they are worked by
military engineers. The engines and
cars are lying deserted on the traoks.
A goneral strike of all the trades at
Gijon, growing out of the eight hour
question, has assumed large propor-
ortious. Over 150,000 men are out.
The strikers thus far have been quiet.
But Martial Law has been proclaimed
throughout the provinces, and the government has drafted there a sufficient
force ot troops to cope with any emergency.
Take a look at the label
on this issue ofyourpaper.
$
&
This space is reserved for
A. G. Fraser, Thomson's
Landing, B. C.
S. Shannon,
Assayer and Analytical
Chemist.
OFFICE:    VICTORIA AVE., FERGUSON, H. C.
General Blacksmithing
and Repair Work	
Promptly attended to at moderate rates.
Horse shoeing a specialty.
-    PKB1). DIS.IARDINE.
Frank Appicosto
Manufacturer of all kinds
of leather flatted goods
-FERGUSON, B. O.
Take a look at the label
on this issue of your paper
R. S. Wilson-
HIGH CUSS
TAILORING
and (IENTS' FURNISHER.
-REVELSTOKE, B. C.
SMOKE
"Our Special"
and
"Union"
CIGARS.
Revelstoke Cigar Mfg. Co.   ''**
Imperial Bank
*������      of Canada.
CAPITAL IVOO.MO.OO.
REST ���.1,700,000.00.
General Banking Business Transacted
Interest allowed on deposits In Savings
Department at current rates.
A. R. bThBARN,
MANAGER REVELSTOKE BRANCH.
WC WILL ESTABLISH A
FURNITURE STORB
at an early date in
Ferguson, butln the
meantime do not
overlook us. Give
us an opportunity to
quote you prices.
Our stock will be in
Ferguson by Mar. 15.
R. HOWSON, Furniture Denier
nnd Vuiertnker, REVELSTOKE.
.FIELD <? BEITS,
���   Druggists
Chemists     <g)
Stationers
IftlSffij: REVELSTOKE.:
To Lardeau Patrons
The CIGAR and STATIONERY business
wlilch I have been conducting in Rovelstoke
opposite the station, has been sold to J. w.
BENNETT.    Thanking you all tor your
Jiast patronage and soliciting acontlnuance.
or my successor, I remain, yours,
Chas. J. Aman,
Job Printing
You need lt in your business, but you want
It done neatly and in an up to-date style,
and ol courso at a moderate price. We can
furniHh you with anything you need ln the
printing line, but to Jog your memory will
mention Bill Heads, Statements, Receipts,
Envelopes, Letter Heads, Business Cards,
etc., any of which you may be in Immediate
need of.   Telephone or write
The Lardeau Eagle
WW
. Mam*
Dms.NI
COPVRIOHTl Ae.
Anyone sending a sketch and description mat
qulokly ascertain onr opinion tn. whether ao
Invention la probably patentable. Commnntca-
tlonsstrlotlroonadentlal. Handbook on Patent!
sent tree. Oldest atenoy tor���atarbupatents.
Patents taken tlrongh Munn A Co. receive
special noHM, without charge, In the
Scientific American.
A handsomely Urastrated weekly. Lanrestclr.
culatlon of any eclentisc lonrnel. Terms, ti a
year i four months, ��L Boldbrannew���
~ " | SIISroMany,
rauw��
,w: tear month.. IU Bold trail newsdealers.
When luying a suit of clothes,
a hat or anything in the line of
wearing appdrrel, one naturally
looks for quality and style. Our
first aim is to see that every article is sulstan-
tial and duralle. Next we see that it is
thoroughly artistic in design. Our experience
enalles us to do this. Our stock of Miners
cothing is the best in the Lardeau and we
carry the most complete line of loots and shoes
in North Kootenay. No matter What your
taste may be in these lines we can satisy it
Before Receiving Our
Spring Stock
We desire to turn our present stock into
ready cash, as we need the money and
room for our large new stock. Extra
good values will be offered In "clearing
out" lines.   Drop In and let us give you
quotations	
ii
BATHO tf CO.
k
Pioneer Store
Cummins& Co
Ferguson and Ten-Mile
Before buying Hardware (or building Purposes
drop a line for quotations to ... .
BODRNE BEOS., Revelstoke, B. C.
More than freight saved by    buying   your
requirements   from   the Departmental Store.
Q. B. Hume & Co.,
Wholesale and Ketail
����   General Merchants....
Heaviest Buyers in North Kootenay.
Revelstoke.
Branch at
Trout lake City.
THE PK0SPECT0R8' EXCHANGE
NO. 4 K. W. C. BLOCK, NELSON, B. C.
FHEH
Gold. Silver-Lead and Copper Mines wanted at the EXCHANGE, nun
MILLING   GOLD properties  wanted at once  for  Eastern  inventors.
Parties having mining property For Sale aro requested to send samples
of their ore to tbe EXCHANGE for exhibition.
All samples should be sent by express   prepaid.
solicited.  Address all communication to
Correspondence   v
ANDREW P.  ROSENBERG*}!*.
P. O. Box 700,      NKL80N, B. W.
Lumberl   Lumber!
The Lardeau Saw Mill carries constantly a large
quantity of Seasoned Lumber, and is now running
night and day to keep ahead of ihe coming rush. Yards
in Ferguson and in Trout Lake. January, 1901.
D. L. Clink,
Proprietor.