Crystal River current., 1886-11-27
MINING MATTERS.

An eighteen-inch vein Of solid ore has
been opened up in the bottom of the shaft
on the Centennial mine at Georgetown.
The Leadville smelters reduce about {, 600
tons of sulphide ore per month. 1t is quite
likely that at an early day all the smelters
will be forced to erect additional calcining
furnaces.
There is possibility of a renewal of ac-
tive competition between Leadville and val
lev smelters Both the Pueblo and Holden
works are bidding for the output of Lead
vile mines.
The low-grade ores in the vicinity of Ir-
win have been worked successfully at the
concentrating works operated by MI. Mich
OILS. at that place. They will run until the
supply Of water gives out
Six bars of gold bullion, weighing 6,O71
ounces. were shipped east from the Legal
Tender mill last Saturday. This mill now
Aships from 5000 to 10,O 900 ounces Of bulliona a
Xeek.-Pitkin Mining News.
sThc Arkansas Valley smelling works has
about Is, GOO tons of ore on hand. Pending
the low price of lead, the company Is making
no effort at heavy bullion production and
is running very conservatively,-Herald
Democrat.
d
brought down the other day the handsomest
piece of ore we ever saw. 1t weighed from
20 to 30 pounds, and was one mass of wire
silver. Nj. Chapman took it east with him.
Idaho Springs News.
The ore shipments from Red Cliff for the
week ending November II were as follows:
Butler 2, First Chance 2, Polar 4, Iron Mask
6, Wilmot 1, King Fisher 2, Eureka lease l,
Rocky Point 4, Star of the West 2, Little
Chief 1, Eby lease l, total26 cars.
The Silver Bell on Red Mountain, in San
Juan county, is now q large Ore-prOducer.
Contracts have been made with the ArgO
Smelling Works for the delivery of 500 tons
of ore within sixty days OF signing the con-
tract, and as much more as the mine can
produce during the time allotted.
If silver holds up to present rates, Tel
luride will be a booming camp next year.
Its gold prospects will be leading attrac
ton. No less than twenty instruments
bonding gold properties of this district to
New York parties, were drawn by one of
our attorneys this week.-Telluride Repub-
lican.
We are inclined to the belief that min
ing boom is coming. Not the reckless and
nonsensical buying of 1879 to 1882, but the
possibility of disposing promptly of good
properties at fair prices. The time is COM
ing, we believe, when mine can be sold or
encountered as easily as a piece Of real es-
tate, its value being the basis of the tran sac
tion.-Mining Review.
The German mine, at the head of Virginia
Canon, after producing thousands of dol
lars in years past, has stood idle for long
time. But recently party Of leasers took
hold 9f the property, and after taking the
wateyjout commenced sinking, and, we are
pleased to note, have been rewarded by
striking ore worth s125 per ton. There are
other mines in the county that only need de-
velopment to show up as big as the German.
Idaho Springs News.
Last month the Adams Mining company
declared a double dividend. Yesterday the
directors again met to divide among the
stockholders of the company the earnings of
the past tlonth. The result was the declar-
alton of the regular monthly dividend, No.
"a, of ten cents share, and also an extra of
five cents a share, aggregating ~, 500.
This makes the total dividends to date $50
per share, and the total amount paid 1924
5OO.-Herald-DemOcrat.
The Lost Lode in Horseshoe Basin is now
in fine body of ore, the character Of which
is gray copper, galena, native and chlOrides.
Tests have been made resulting in from s1s
up to r, 2222 $40 in silver, and 10 to $50 in
gold. The vein matter is 8 feet in width, with
pay streak 12 inches in solid ore. From
the main tunnel crOss-cut of 9S feet cut the
shaft at 115 feet, near which the body of ore
was found. Six tons of ore have been taken
out this week and will be shipped for a test.
Will report on returns.-Solid MuldOon.
Leadville has output from her mines since
January 1st, 1856, nearly s13, 900. 1t is
not at all improbable that by the end of the
year this camp can claim credit for $15 ,OOO,-
900, s3 OO0, 600 more than for 1885. And yet
we are told that the palmy days of Leadville
are gone, and that this enterprising city is
on the down grade, of municipal as well as
financial prosperity. The outlook for next
year is even better than it was in NOvem-
ber. 'S5. A large amount of dead work has
been done and probably from fifty to seven
ty-five new mines will be producing with
the incoming of the new year. We say, hur-
rah for the Carbonate Camp!- Mining Re-
view.
The Cora Bell mine on East Fryer hill, is
doing fiery well, the mine shipping from
eight u ten tons day Of high grade ore.
The mineral is a flint, and full of native,
chloride and ruby silver. The combination
of silver is an odd one, and as far as a pecu-
liarity goes, the ore is strange, being
nothing but black flint and cheet The VAL