New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-31
THE LE4DViLLE BONlNZ4S.

SOME OF THE PRINCIPAL CARBONATE MINES AND
now THEY ARE MANAGED-RICH STRIKES AND
CONSTANTLY DII ROWING PROSPECTS,.
The haunt of the prOspectOr IN 1877;
mining camp" IN 1878 city of over 10000 people
tcIavhs is INadyilles brief history Ore ard bullion
rr,uct over sI2 600 900; dividends over S20OOO00;
s,lrs Of mining properties over $35OOOOOo-iLs Is the
,ere financial record Of the LeadYile Carbonate Mines
for 1879 This EXHIBIT has been called phenomeua but
fran appearances the showing for 1880 and sue
e,dine years will be even more wonderful. The work
TINS far done Fryer Hin has been rather for develop
ment than for dividends but shafts have been sunk
and drifts rum surprises the reverse OF unpleasant have
been constantly met with. II the owners Of the Little
p,sh,r, the Lille Cn.t the Leadve, the Chrys0lite
Ia An,te and Inc r. f. Lee believed that Their claims
were exceedingly r1cn year ago, they now know from
line ore I'm sght that theFare lar more vaIuaDe than
they then supposed them 10 be.
Carbonate deposits beng supplemented by chloride
hese chordes tnat tie Lee realized $1ls5O0 from the
ore mined single day. While tue names 0f many OF
10 the public others have attracted less attention be-
cause having large body OF stockholders VINO ~ eded
information, their opeiatohs couiu pe % 70
10 the Annie Consolidated" when IS pounded on the
west by the Little PttsbuTg aud the Little Che ana Is
nbont 700 Get distant from the now lannon's X H. Lee
TIE ores of the Annie to the r. f. Lee are the rich-
est i'm the Leadve Camp. the first quality returning
Econ, s300 10 800 per ton While the preliminary work
az omen ng the mine has been ~ process SINCE oepte
bsr 90 1870 Inc mine paid $205 900, best es paying
sor ern,n,rnt i'm provemcnts, machinery and working
expenees Tho dividends could doubtless have been
r'iy Increased had The managers been less anxious 10
49, what IL generally ACKNOWLEDGED to be tie best
,,nned mine m Leadve. The principal owners Of the
Anne are Tie Hon {. b. T. kns Il T. herens, W w Mac
tr and fof shipmau. Barlow, LarOcque Macfarandl,
"a vcTuor H. g. Mccormick and United Stales Sena-
,or Plumb The stock has never been placed upon The
,nrse and none OF the present holders seem anxious
~ disuos OF they have On January IL the mine
had aver 600 OF IN It's ore houses, ana 10 Is pro
dnrng about forty daily Tue reserves of mineral
aud on, bodies in sight nave value OF $lOOOOOO Ii
M oyners cared TO work the Annie to the ul capacity
ar which the mine Is capable, II Is believed mat IL would
rival II MOI surpass the most celebrated OF It's neighDOr
ing properties. - III, -. -.
me managers OF nearly al the Leadvllle mines have
,nrsued COZ seryntve course. ami have not ADOPTED
ine MAN OF attempting to enrich present STOCKHOLDERS
~ mo expense future Ovglers OF shares DIVIDENDS
decnrod n regularly assessments nave been levied
srrne al districts made tue Fryer Hl mines
mong lie ore depnsits are Ia nearly
horizontal layers, instead o! dipping IKE ordinary VEINS
strnnv toward perpendicular, ana are so UNIFORM
mar mines hoh have been developed, and are paying
to-day will probably continue 10 pay Tue ore Is essy
,cduced ana ucs the surface that the working
M the mines is comparatively inexpensive.