. Transactions. ption which follows, many incidentalcircumstances, apparently extraneous to the subject matter proper ofthis paper, will have to be narrated, in order to give a comprehensivegrasp of the economic exigencies which created the necessity for thisplant. It is also hoped that such extraneous matter will not be unin-teresting, inasmuch as it constitutes a chapter in the history of one ofthe most prominent mines in this province, and deals with many of thepeculiar conditions which are, to a more or less degree, characteristicof most mining enterprises. Historical.—The Le Roi was locat
. Transactions. ption which follows, many incidentalcircumstances, apparently extraneous to the subject matter proper ofthis paper, will have to be narrated, in order to give a comprehensivegrasp of the economic exigencies which created the necessity for thisplant. It is also hoped that such extraneous matter will not be unin-teresting, inasmuch as it constitutes a chapter in the history of one ofthe most prominent mines in this province, and deals with many of thepeculiar conditions which are, to a more or less degree, characteristicof most mining enterprises. Historical.—The Le Roi was located in the summer of 1890, andin November of the same year it was bonded to a syndicate of Spokanebusiness men. This syndicate completed the purchase of the mine,and on the 23rd June, 1891, conveyed it to the Le Roi Mining Com-pany, which they organized for the purpose of operating the mine. Jft PLATE ILLUSTRATING PAPER BY MR. BERNARD MacDONALD ON HOISTING AND HAULING AT THE LE ROI MINE. Combination Shaft Houst. - Roi No, II Tramway. Air Compressor Hiiikling VIEW OF THE LE ROI MINE, ROSSLAND, Power Honse. • I Hoisting and Haulage in Mining Operations. 311 Under the auspices of this company the mine was developed into apaying property, and the company realized from its operations $975, in dividends before selling it in 1898. The ore which yielded these dividends was extracted from work-ings comparatively near the surface, where, owing to the concentratingaction of meteoric agencies, the values, originally existing in the entirevein, were concentrated into a streak of varying width. The ore minedwas sold to custom smelters, which made a direct charge of $1 ton for freight and treatment, besides making certain deductionsfrom the metal values, which amounted to approximately $ perton. Thus, the aggregate of the direct and indirect smelting chargesamounted to $ per ton. But as depth was attained on the vein, it was found that the val-ues were becoming
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