The Daily News
data provider: CONTENTdm
is part of: BC Historical Newspapers
issued: 2019-11-05
issued: 1913-04-19
aggregated CHO: https://open.library.ubc.ca/collections/nelsondaily/items/1.0385390/source.json
format: application/pdf
note: TEN PAGES 60 CENTS A MONTH t% mih -3feto* f^m&t^s H(P CLASSIFIED ADS 1CBNT A WORD £rnniAjA VOL 12 NELlSON. R C. SATURDAY MORNING. APRIL 19, 1913 NO. 3 lil Corporation Pays Cash for Famous Property :AN8 MUCH TO 8L0CAN DISTRICT Gave Big Profits ,in Early Days—Pittsburg Syndicate Sells ■'or a cash consideration the Con- fdated Mln|ng & smelting company ■ purchased the famous Ottawa mine Ispringer creek, near Slocah City, ['he announcement of the deal was j at the Hume, last night by L. B. |Phee, who has been In charge of i mine for the Pittsburg syndicate Elch «old the property to the big lull corporation, there are approximately 7,000 feet ■ tunnelling at the mine, which is pipped with air compressors and 1 plant operated by water power. • several years it hus been worked f lessees. The ore is dry silver. jTho purchase of the Ottawa by the |nsolidate-i company means much for ■ Sloean City section of the Sloean fttrlct, aa the Trail company is noted the progressive manner in which | carries out Its mining operations, 11 expect to see extensive develop- |nts at the mine aa a result of' the ' said Mr. McPhee, ' Wns Heavy Producer. "or some years tho, Ottawa mine was i of the heaviest producers of sll- • In the Sloean district. In 1004 tho llpments amounted to 1.330 tons, Tlch netted from the smelter 8120,000, Jilch was mined and shipped at an ■pendlturo of $60,000, leaving an Itttal profit on the year's operations 1 170,000. The net value of the ore [the point of shipment averaged dur- ; the year slightly over $00 per ton, hlch was practically entirely In sll- the ore running from 175 to 200 liices to the ton In this metal, with " pdr cent lead anfl.20 per cent sine. |The group consists of a number of pirns and is situated on the north Ho of the valley -of Springer creek. Via connected wfyi Sloean City by a Rgon road. The mine workings are (out 1.000 feet above the level of the ►ok. |The claims were acquired about 1002 the Pittsburg syndicate of which , A. Noble was pres…
note: The Nelson Daily Miner was purchased by F.J. Deane in April of 1902 and renamed The Daily News. It changed hands again in May 1908 when it began to be printed by the News Publishing Co. managed by W.G. McMorris.
has type: Newspapers
spatial: Nelson (B.C.)
is shown at: 10.14288/1.0385390
language: English
lat: 49.493333
long: -117.295833
provider: Vancouver : University of British Columbia Library
publisher: Nelson, B.C. : News Publishing Co.
rights: Images provided for research and reference use only. Permission to publish, copy or otherwise use these images must be obtained from the Touchstones Nelson Museum of Art and History: https://touchstonesnelson.ca
source: Original Format: Royal British Columbia Museum. British Columbia Archives.
type: Text