The Cheyenne daily leader. [volume] (Cheyenne, Wyo.) 1870-1884, 1878-04-19
REsouRcEs
OF The Black Mills as Viewed by an Ex-
perieuced Miner.

pSi'eHSeh tHincs'
Mr.. III. Power, a New Yorker, and Il
gentleman of wide experience in min
ing is taking i'm the Black Hills, and
a Pioneer reporter gives the following
result of an interview with him:
Mr.. Power is making a critical ex-
animation of the leads, deposits and
mineral bearing rocks of the Black
Hills in the interests of capitalists in
New York, who intend, when a suita-
BILE property is obtained, to organize 4
stock company and prosecute the de-
velopment in a rapid and extensive
manner From the limited observa-
tons already made, Mr.. Powers feels
warranted in making the assertion that
the permanency of the mines in this
vicinity are as little a matter of conIec-
ture as any he ever visited. That the
majority of leads will retain their au-
riferous character as greater depth is
attained; the veins may become more
compressed, but, in that case, a Cores
] PSlihiL6 lliOANbO1o AGlllto Will 10 oD-
served. The grade of the mineral
bearing quartz is low, but the ltssened
expense in working, from its free mill
ing character, will more than compen-
safe, and the immense bodies, the ex-
istence of which the present limited de-
velopments prove, place it in the front
rank as an ore with which the business
of mining can be conducted with rea-
sonable safety to capital, and certainty
of the return of q high rate Of interest
for its investment. He further states
that a greater interest Is being taken in
mining in New York, as well as other
eastern cities, than has been noticed
before for many years, and large guam
titles of capital are lying idle awaiting
a reasonably safe field for investment.
Those gentlemen are willing to take
chances, equal chances, with capital
from any other section of the world,
butidesire first Il thorough knowledge
of what they are to undertake, and to
that end are sending many experts and
men experienced in the business, upon
whose reports they expect to act. Our
informant expresses great surprise at
the immense field the Black Hills have
opened up for the profitable use of cap,
ital. a machine has already received
Il patent, owned by Mr.. Power, which
he is confident will prove a source OF
great profit. He has analysed and as.
sayed the tailings of four mills, three
of which showed a value of eight dollars
per ton and the fourth to exceed three
and one-half. This is probably true of
a majority of the mills in Whitewood
and Gordon districts, proving that
thousands of dollars are allowed to daily
pass out upon the prairie in the shape
of tailings. When this sum can be
made to flow into the exchequer of mine
and mill owners a perceptible stimulus
will be felt.
The whites of the Black Hills, it
would seem, are determined to route
the Celestials from their midst. They
recently set fire to, and destroyed four
of their domiciles at South Bend.
Soon after this they overturned anoth-
er, rolling it on the site of one just
burned, and still later blew up Trout
Hops house with giant powder. Hop
was in the house at the time Of the ex-
plosion, and came out through the door
like "a shot from a gun, repeating,
"Hellee, dance Mclean man."
Orders were given Terry s. Hunter,
yesterday, by the Union Express COM
pany, to sell the old express horse
"Dud," and also the express wagon.
"Dud'' is twenty-five years old, and
has served in his present capacity for a
long time. 4 new horse and carriage
will be shipped here at ono to take the
place of the old one.
Nep York Money and Stock Market.
New York, April 1S.-Gold closed
at 1909.
silver-bars, llss greenbacks; 11s
gold.
Silver COin-4014 discount.
Money.
Governmentsstrong; Stocks weak.
Western Union, S25; Quicksilver, 164;
Pacific, 205; Mariposa, u; Wells-Fargo,
S98;New York Central, 1883; Erie, 12E;
Panama, 1919; Union Pacific, ia; U. P.
bonds. 1853; Central Pacific bonds, 1861.
Nature Demands a Tonic
When the nerves are unstrung, the head
aches, the appetite is poor or variable, the
sleep disturbed. and a general depreciation
of Vital powers experienced. such n state
of things cannot long exist without the de-
%vciopnCnt Of serious disease. The most ac-
tive and general invi2orunt known Ia Hos
letters Stomach Bittcra The absolute purity