Custer chronicle. [volume] (Custer City, Black Hills, D.T. [S.D.]) 1880-1890, 1881-07-09
AT LAST.
Tho Grand Junction Sold.


During the past two months and sine
the Grand Junction BEGAN making
c'ean-ups Il number Of different capital
lists have had their eye Oh the property
as a good investment. Foremost among
these has boon Capt Elliot, Who opnr-
ates i'm the interests Of the High Lode
Mining Company. His attention was
first called to the property by the ct" RS
Of Mr.. Geo. Nimb'r, who has and is still
doing his utmost for Custer county pro
perry. A week or 80 ~, Capt. IEliio;
came down here and began a thorough
and systematic examination Of the pro
perry. From he time o. hi arrival NJ
TO the present time all sorts of rumors
have been ahoat to the effect that the
property would be bought. had been
bought, etc. However the sale was cor
sumated On last Monday, when the
property passed into the hands of the
High Lode Company, the price paid
being $26,0OO.
Capt. Elliot is one Of the oldest mine
managers in the Hills and has been sue
cessfll- in all his ventures So far and
will undoubtedly 500 place the Jnnc-
ton mine among the best paying ones
in the Hills.
The following extracts from Lawrence
county papers, shows the feeling chat
exists in regard to Custer county proper
ty not only in our midst, but elsewhere.
Lead City Enterprise, July l.: "The
Grand Junction mine, which is called
the bonanza mine of the Southern Hills
has at last been sold 10 Col. Elliot, OF
Central, who buys for eastern parties
the sale being closed last Thursday
We are glad to make this announce
ment, for the mine will now be thorough
~ developed and worked, i'm fact it is al
ready reported that the new compan,
have put a large force of men ut work
opening up the mine in good shape
They are also talking of putting up re,
duction works to reduce the refractory
ore, an eighty stamp mill will be erected
on Spring creek, where they will have
all the water they will need for the mill
This company Who are said to be yer,
wealthy, something like our Ilomestakt
company We learn, inte. to build Il rail
road to transport the ore from the mine
to the mill, which will be hauled bv 8
miniature locomotive. We are glad tc
hear of this sale, us now that Il wealth,
company has got hold of it, they will il
all probability work it for all there is in
it.. This will give Custer Il grand old
boom, and will be only the %forerunnel
Of numerous other enterprises of like
character in that section. Keep her =
booming, Clark, and We think you viii
not be sorry that you ever went to Gus.
ter to live.
De~dwood Pioneer July l.: 9Th.
great Grand Junction mine, the Home,
stake of the Southern Hills, has, we are
informed, been sold to Col. Elliott, Tic
sale being contaminated last thursday,
1t is reported that a large force of meu
viii be put 1T work opening the mine i'm
Il proper manner Commensurate with
the big reduction works that will be put
up at as early "a date as possible. An
eighty stamp mill Of the most approved
pattern will be erected On Spring creek
which Will furui-n nll the wafer ne,cS-
sary for the mill. The mine is located
half Il mile from the mill, and is Sc
located that the ore can be chuted into
cars, which will carry it to the mill on
Spring creek. A railroad will connect
the mine and mill, which will be run
by Il locomotive. Thus is added an.
other great enterprise to the wealth OF
our great mining country.