The Black range., 1888-02-24

tryA
The Readjusier mine h looking bet
Yer than ever. The last shipment Of ore
from this mine. which l. nos on the
railroad. amounts TO over seventeen
tons and u considered Of mere value
10 the ton than previous shipments
Another Car shipment viii be ready by
the time the teams return.
THE RANGE CLEANS the following
from IN exchange: The silver Moun-
ment mining company. OF Chloride.
has been Incorporated and the follow
Ing officers elected: President Thos.
J. Yerby. Marshall. Missouri: vice
president John Mcbride. Chloride. y.
NJ; secretary. J. r. Vance. Marshall.
Missouri. with headquarters al Mar
shall. Missouri. The authorized CAPT
tail Is 100000. with $4,000 paid. The
new company will commence work on
their new property Immediately, and
are greatly encouraged with the pros
pects."
Work Is being diligently pushed on
the Durango. situated between Fish.
worm and Lanstrum gulches. to the
south of Chloride creek. The Durango
has ashaft seventy-five feet deep and n
drifts now being run TO the east on the
crevlce which Is four feet wide contain
ing q good streak Of low-grade ore.
This ore, like that Of many other pros
poets In that vicinity, resembles greatly
that of the Silver Monument, and 1t is
only matter Of time when another
Silver Monument will be discovered
In that neighborhood. The Durango is
owned by Messrs. Lanstrum, MacGow-
an and Fulton.
A Marshall, Missouri. dispatch of the
Goth says: "The FIRST money produced
by mine owned In Marshall was put
in the Farmers savings bank yesterday
10 the credit of the Silver Monument
mining company. The mine is located
at Chloride, N. n. J. Il. Vance and T..
j. Yerby, are the chief owners In this
city. The amount referred TO was
1880. and was the first small ship.
ment. Heavy and regular shipping
will follow from this time on. The ore
runs from 100 10 200 ounces"
The shipment of ore referred to in
the above may be the first made under
the new company. but not its first pro-
duction, as 1t would indicate. The
Silver Monument has been q shipper Of
ore since 1881.
For the past ten days there has been
considerable activity displayed in min
Ing circles Of this district, owing to the
arrival of several gentlemen, both of
and representing capital, and the pend
Ing of several important mining sales,
Of which two have already been COLI
summated. while Others are In fair
way TO be accomplished. The sales al
ready made are the well-known mining
properties. the Way Up and the Little
Minnie mines situated on Byers Run
on the famous Pye lead. The purchas.
ers Of these properties are Messrs. VIM.
Van 0rten, Franklin salisbury, w. ID.
Champion.and A. c. Sweet. The pur-
chasers of the Way Up and the Little
Minnie, have no doubt invested their
money In u manner that will bring them
large returns In short time. The pur-
chase price has not yet been made pub
lie, but 1t is stated that the late
owners of the properties. F. A. Stevens
and Levy Cruise. have each realized a
snug stake. 1t .is understood that the
purchasers will sovn begin active oper-
ations on these properties and that the
first move will be to build q road to
mines. The RANGE wiskes these en-
terprising gentlemen abundant success
and speedy returns.
VIM. Van 0rten. and Franklin SAILS
bury, of Catskill, New York; W. ID.
Champion, Of Savannah, Georgia. Jo-
seph Davis. Of Nebraska City; A. c.
Sweet, James Sweet and Carlos L.
Sweet, of Kansas City, are the names of
the gentlemen who came In here from
Kansas City about ten days ago. These
gentlemen are all wide-awake business
men and are here looking over the
ground seeking investments in mines
and are greatly pleased with the out
look Of the country, especially our
mines and mining interests, and as will
be seen elsewhere. have already declar-