Custer chronicle. [volume] (Custer City, Black Hills, D.T. [S.D.]) 1880-1890, 1886-01-02
The Hills in General i,

The Latest mining news from the
neighboring camps in the Hills sum.
marize about as follows:
The Caledonia has declared its 2nd
dividend of 10 cts per share
The Iron Hill hung mp it's stamps
about week ago for want Of ore and
will not resume until the new hosting
works are complete. The mill turned
out about 81, 900 during the run. Latest
quotation Of stock $40
1t is said thar Clifford Parker is at
present in New York trying te arrange
for the enlargement Of the Uncle Sam
mill to double the present capacity.
The Carbonate camp is looking up
and developments daily increase the
value Of the mine in that carp.
The report from the mines in and
around the Bald Mountain are very en-.
couraging, especially from Ruby Basin
Nothing new this week from Galena
district, but should not be surprised 10
see her again come to the front ere
long with an output Of thousand dol
lars day. Gold is still king in the
Hills but she holds her prestige by a
very slight tenure just now
We hear that the property of the
Grey Eagle Copper company at Sheri-
dan has been sold to an eastern COM
pany. and that the smelter which is now
complete will be blown in shortly.
From the Rapid Republican we CLEAN
the following in regard to the Gold Reef
gronpe Of mines on Deer creek, north
of Pactola: "For sometime past devel
opments on the Gold Reef have been
watched with considerable interest.
The property formerly belonged to
Messrs Homans and hughes and has
alway borne the reputation Of being a
good prospect. Grading has been i'm
progress for some time past on the mill
~,
now at the mine, and will remain there
until the mill, ahich is now en- route, is
constituted and running. 1t is hoped
'he property will snstain its hitherto
good name. George Hughes has for
.ome time past had the management Of
the property"
The Eta tin reduction works is now
ncarly complete. The mill mp, the
tramway complete, and the heavy ma
chinery nearly all in position for opera
lion. What the workings in the tunnel
are developing is known only to the
company who are extremely reticent on
all matters touching the mine Never
theless. Judging from the grandeur Of
the scale on which the company are
b iidiny, and from the s;eadiness and
energy which marks the movements OF
VI mayer Hepburn aud Supt, Bailey. it
would seem they had no doubt of the
ultimate success ofthe enterprise.
Nrrs vas suspended at the Uncle
san nj! last evening, but for what
len 9Th of time cannot now he stated, al
;housh II is highly probable that idle
nes. will MT continue longer than until
the first Of the month. No local diff
Guilty exists. The mine never looked
better and results at the mill have been
Of an entirely satisfactory character
about three weeks ago General Man
ager Clifford Parker left for New York,
making no provision to meet labor and
other bills. Payday (2Oth instant) ar
rived and no advices coming from the
east, "a default occurred, and as day sue.
ceeded day without bringing necessary
funds. Professor Dickerman, acting man
ager, not wishing to assume greater re-
spon,ibility, concluded to hang up until
the company could be fully advised Of
the situation and its disposition learned.
All November labor bills were paid with
sight drafts on New York. December
bills will not fall due until January 20.
by which time affairs will, doubtless, be
satisfactorily adjusted. Exploring and
development work continue in the mine
Times.
While it is not true, as reported. that
the Gray Eagle copper location and
others Of the same group near Sheridan
have been sold outright. it is neverthe-
less fact that negotiations are now in
progress looking toward a sale, and, 50
far AS We can learn, the prospects for a
transfer sometime during the coming
year are favorable. An option has been
secured upon the property by j. X. P.
Miller, of Deadwood, in the interest OF
certain eastern parties. and the condi.
tion are such that Mr.. Miller is given
until the first day Of August to decide
the question as to whether the property
shall or shall not be purchased at the
price set forth in the agreement
Journal.
Attorney General Garland is In favor
Of doing away with the fees system in
all official business connected with the
government and establishing system
Of fixed saleries for all officers. He saws
"Fees are a relic if not of actual bar.
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