The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1879-05-21
ooLoRADo'sNEw wEALTH


The LeadyiIIe RegIOn-Immense Inereas
In the Yield OF the New Mining Camp
-Great Innux OF PopulatI0n-Lead
willie Outdone by the New Discoveries
RosrrA, CUSTER Co., COL, April "a.
Correspondence New York Tribune.
There Is now no questioning the fac
that the p%reponderance Of production o
precious metals has crossed the Rock,
Mountains-changed from the Pacific t
the Atlantic slope. Colorado, hotwith
standing the long and unusually sever,
winter, still severe, will doubtless aug
ment her production of $l2, 900, 900 for 1871
to the neighborhood Of SIS, OOO, 900 for 1870
Leadville yielded for January this yea
$030,00O out OF a few Of It's mines. Notl
s%team-engine was then in place in any
mine. For one.halt Of February one
hosting engine alone worked on the Lit.
tie Pittsburgh Mine. The profits Of that
property divided among its three owners
March l from the surface mining were
$3.50 The sGSO,OOO January yield al
Leadville was from first.class ores only.
All Of the second and third.class ores Of
all the mines of Leadville remain on the
dumps for want OF capacity OF reduction
works. These works finished and now
running day and night are nine in num-
Der. Others OF gigantic magnitude are In
various stages OF construction, so that by
June 10 one thousand tons more a be
worked daily than %atpresent. The Febru-
airy yield at Leadville on flrst.Class ores
TSSs $4,000, and only about 33t per cent
ready for shipment could be transported
for want OF wagons and teams, During
March five hoisting-engines were in place
for one-half the month, and the out put Of
ore was estimated by the conservative ex-
perts there at $2,225,0O0. Transportation
is still contracted. The deep snowtalls Of
April and May will compel a retention on
nine dumps Of much Of the ores mined,
even OF the high grade or iirst-Class- ores.
With open roads in June and the COM
pletion Of the various smelters l saw in
process Of erection during March, it is
plain to the writer that Leadville and its
surrounding camps will in June show a
yield Of SS,500.0O0, a million more for July,
ending by yield OF $40, 900 for Deem
Der, 1879, II to prophesy only, I might
say $~l2,000,000 to Sl5,0O0,00O for Decem-
Der. The output Of the mines there is
limited to hosting facilities only. The
mines produce tons of ore, carrying from
20 to 1900 ounces Of silver to the ton, with
allthe ease that coal is mined at the East.
The veins are nearly horizontally placed,
and their pres are dug ever easier than
hard coal is mined. Then at ten miles
south of Leadville. at Evans Clutches
four different fhelds-atS Carbouateyille,
Granite and other mining camps, within a
radius OF twenty-five miles OF Leadyille,
10000 mine locations have been made
since October ], 1878. Very rich ore in
large bodies is found at each Of the places.
1t must be borne in mind that no ores
from these places have as yet been milled,
and will not be before June. BY July l,
careful mining experts, with whom ! fig
ured, estimate that there will be mined In
and around Leadville 900 tons per day OF
ore averaging ll5 ounces Of silver, which
at 81 0S per ounce means $ll0 81 per ton,
or sos, $50 per day, II at these figures
July will do this, and no better should be
done, the fifty mile circle referred to will
yield 500, 100000 for 1879, in iair round
numbers.
PRoDlGIous INCREASE o. TIE OUTFIT.
The dubious may exclaim, What of the
drawbacks? There can be none. On the
contrary, the output must increase in a
prodigious ratio, because facilities for
transportation, the lack Of which Is now
such a serious drawback, will beinCreased
an hundred fold by November. At that
time or before, the Pueblo and Arkansas
Valley Railroad will be completed to Lead
vile, thus perfeCtlng railroad connections
with reduction works at Canon City, ut
the mouth OF the Grand Canon OF the Ar,
kansas, again at Pueblo, forty-iour miles
lower down on the Arkansas. There is a
seysnty-five.ton smelter running there
now. The owners, Mather & Giest, will
increase their works to $50 tons capacity
In June. George 0pdyke, Scott and
others. of New York City-a newly inCor-
porated company-ars perfeCting lixivia-
ton works OF twenty-tons capacity in
North Pueblo. Railrard connection also
will be completed to D%enyers various
works and to the Omaha and st, Louis re-
fneries, whers the bare bullion OF an
hundred smelters can readily be converted
into refined silver bars.
Readers will reflect on the marvellous
growth OF L.eadville with astonishment
when It Is truthfully stated that on last
Washington's birthday, or February ed,
1875, there was only thirty buildings there
and 800 population. This was fourteen
months ago. AT present there must be
1000 people inside Of thirty miles o.
Leadyiile, giving 1000 and odd increase
per month, with nine winter months as
drawback. What the increase per month
will be this year, commencing June |, nc
one dare hardly guess, for in midwinter i
is $500 to 5000 per month. Its mining
ground Is AL claimed, and much claimeC
TOO, for upon each ten and ope:third acrt
l,5OOx3O0 feet claim as allowed by law
are often as many as a sGoreo ( claim posts
This makes 1t more lively than agreeable
especially for tenderieet (newconlers).
Gold and silver fields, fortunately To-
the tens Of thousands who will come ate
their treasures, exist below the high alti
tudes in and around Leadville. In ever,
gulCh and valley from Granite to tn
Huertano river and park, south Of the tE,
cities OF Pueblo, and in we'll nigh eyer.
mountain Of the great sangre de Christ
Range and It's adjacent foothills, deposit
and veins OF ores are abundant. Tina
they are rich, even richer and more easil
mined than are the ores at LeadviIle, tn
briet experience pf last October, Noveu
her and following months proves. In ar
other lettpr ! shall give an account Of th
i:sstontshingly rich mines Of Silver eli
and Rosit;::..
ship Burned-BOld Thief Sentenced.
NEw YoRx, May 2O.-The Italian bar
. A mnlR (which cleared nj this nnrL Sntn