New-York tribune., 1874-04-25
TIE MINES or COLORADO.

EFFECT OF TIE DECLINE IN THE PRICE OF SILVER
WHERE THE ORE Is sMELTED-INCREAsR IN THE
PRODUCTS OF THE MINES - FOREIGN CAPITAL
PRoFIrABLY INvEsrED-rHE LEASING SYSTEM.
lPRoM An oCC AsIONAL CORRESPONDENCE OF THE rRBUsEl
GEORGETOWN, Col, March 29.-It is hard to
believe that the farmers in the States" are now busy
with their blowing and planting Here in the mountains
the snow has yet commenced To meit and the buds
on tho aspen show OF approaching Spring
A we neither SOW nor reap, the weather little
difference to u.s. except the pleasure OF enjoying the
warm Summer sunshine. Our work is mostly far down
in the EARTH and outside weather, whether hot or cold
affects but little.
zThe decline in the price OF silver has made dif'
ference in profits during the past six months AS
the silver changes hands good many times aud a.
each au paid for handling 1t, the miner
finds tho difference Of few cents per ounce IN the actual
value Of silver has down the value OF his ore con-
siderably. For that received 81 ~ per ounce
some time ago glad to take 80 cents Mean
while the expense Of mining has not been proportion
atey reduced. The wages Of ordinary miner now
81 30 per day-many receive 81 and S. Tho bulk Of the
rich ore-averagng 400 ounces-s sent u swansea
or Germany, although we have agents here from the
various smelling works in this country, situated in
Chicago and elsewhere, who buy moderate
amounts. considerable quantity Is also bought
by q Colorado smelling company. When
the works OF this Company were first started they
smelted the ore into what called matte, worth about
SIS per which sent To swansea aud there sepa
rated. Tue matte composed OF silver, gold, and
copprr and there works suitable tor separt
these metals this country. n recent dlsagrecinent
with the in SWANSEA W1ch treated the matte mas
caused the company put up separating works lu
Colorado, aud they are no turning out god abd s,c
bars The expense OF separating tne gold IS cosiueI'
be requires large quantity OF acid, whlch c.st
than double here that it would In New ioIA,
VIII probably result IN the ESTABLISHMENTS o soPats's
works IN New YORK. -, -. -, 4.
The system OF leasing Il now the fashion here, and -
appIrcntly success, Bur IN many cases It Will he found
tn fn.l A MD
satisfied name his royalty anu TAXES toi
the mine is bdng ry wOrheu. lh ktct NAM Ia2co
this il nor true I'm are generally snort ana tne
t1Ird peiug "A common tax. The miner naturally goes
fr rho orc regardless OF consequences; the result 100
freoncntIy il ruined mine. Common prudence WOuIu
suggest long lease &C a reasonable royalty
NnfVithstaudlng many mistakes anu dfdWD1cks, We
are doing good deal Of hrsclass work, and are deyel-
Ming n rich aud permanent silver mining country. Ino
mn6er OF mills steadily increasing amt all are bsJ
md making money. Our home Diiis ARE engaged IN
crushing for the foreign market, separating ana cOh-
centrating the low grade ores, ana aDaiganat0g me
mills reduce ofe which has heretofore
been away utterly worthless-beng TOO poor
Oar ANAL gamatng mills treat only what Is known
sulphuret ore although tine heavy zlnc ores can De
treated by mixing win the suiphuret orc; ouL the
proper way 20 treat tue zinc - by smelling.
The monotoDy Of mining lie - relieved during the
summer months Dy tue presence Of numerous pleasure
seekers. This gives - our quiet "nOuntan towns
fashionable tone aud the character O our hotels II
greatly Improved Tue crowd of visitors increases wit
each succeeding season, and tho attractions OF our
delightful climate ana romantic scenery become known
have reason 10 expect tntt Colorado viii DO
come a stil fashionable place OF 5ummor resort