The Delta independent., 1889-05-21
MINING MATTERS.

There are said to be men in Denver re-
ceiving annual incomes varying from $e5,-
0O0 to $50, 900 entirely from mining invest
ments, who are not known as having
any Investments in mining property Of any
kind.
The receipts of ore in Denver for the first
four months ol the present year were:
January. 25, 125 tons; FEBRUARY, 20, 100 tons; ;
March, 26,7OO tons; April, % 395 tons.
Total, $500, or an average Of 2S,752 tons
per month.-lffnfp1 Industry.
For several weeks past Manager Galley,
Of the North Star, has been drifting up the
hill in his upper works. 1t was in this
drift that the small streak Of 1,000ou
tale was found. 1t has been followed all
the way and now there Is quite . body Of
ore showing that runs $50 ounces. 1t II
mainly tale. Mr.. Rust, one OF the lessees,
states that they cannot tell yet whether
tae find is or is not q permanent one but
1t looks very well and they hope they will
find it staying with them.-Aspcn Times.
SIT never rains but it pours." Great
discoveries at Ouray, and above the town
on the Uncompahgre, where the presence
of gold was never suspected; discovery OF
very rich silver ore in quantity in Hins-
dale County, and strike Of four feet OF
s5O0 ore in Chaf1ee County, are late rec
ords When Rico has disclosed her hidden
treasures, which she certainly possesses,
one can well ask whether any other ''s''
year ever has equalled 1ss9.-MfntnJ In
dustIy.
Again an effort 10 to be made to establish
Mining Stock Exchange in this city.
The names of the gentlemen so far, aeree-
ing TO aid in its establishment, and to be-
come members are published elsewhere in
this issue. There are men in the list who
are doubtful of its success and others who
are enthusiastic believers in grand fu-
ture for it; all believe that such . thing Is
needed. There is no doubt about the fact
that a well conducted exchange here
would attract much money to mining in
vestments in the West, and render it much
easier than it now IL for the owner OF
meritorious property to raise money for
needed and warranted developments. Be
cause money is needed for this purpose
and is difdcult to obtain, an exchange
would have coed influence upon the min
ing industry.-Mining Industry.
The Marshall Basin mine managers have
decided to open up the high line trail early
next month. It would otherwise be impos
sible to get the ore to market with any dis,
| patch. About 2, O01 tons will be shipped Z
Durango this season and at least that much
back freight, principally Of coal, will be
brought over from the other side. This
| will be good news to Silverton and Du-
range, but not very consoling to our mer-
chants and coal mine owners. The high
line will continue to be q necessity until
| simply impossible to move ore by wagons
to Dallas. So far the only effort TO get q
road has been made by the Telluride pa
pers. Our citizens are content to supinely
| await the result. They will perhaps now
| awake to the necessity Of combined and
vigorous action in this direction. They
will have to suffer q less for this season
but may be able to provide for next Some
thing in the way Of q committee, well pro
vided with statistics, should be organized
and deputed to wait on the railroad men
and urge the necessity and advisability o,
| building to Tellur ride.-Tellurjde Journal
The Union mine is another Of the won
| ders of Marshall Basin, and continues to
work under lease by Wrigley s. Packard
The location is on the famous Smugglel
vein, and like the Sheridan, Mendoza and
1 r,
great wealth to its owners. In mentioning
this mine We would fail to do 1t Justice die
we not say that the failure Of negotiation
last winter to purchase the lease was I
God send to this camp, % Wrigley & Pack
ard and the Union cannot be separated
| without injury to the mining industry
of Telluride. Tho company has on its pa,
rolls about 100 men at present, and thi.
force will be continued during the season
The I'd class ore is treated at the Pandors
mill, and the entire output from the mins
is shipped by way of Dallas. The lessees
contemplate shipping in gross about !. 900
tons. The main ONCE Of tho company 10
main in Telluride, where Roy Wrigley
presides, and impresses you - . mar
thoroughly competent to conduct the ex
tensive mining enterprise Of the Unior
company. The recent addition to the offics
force in the capacity Of book-keeper-Mr
w. H Harte, is well known in Telluride
and was an excellent selection Of the On
ion.-Telluridc Journal
The most important discovery that hai
| been made in the Edison mine since the
property was first opened has Just been re-
| corded. The new strike is in the north in
cline. This incline was started from ths
bottom OF the shaft northward parallel
| with the side line Of the property. Fol
some 50 feet IL ran through heavy orr
body but tho orc then cut ont and the In
clinc has not since shown any mineral q
NIL until within the last few days. wher
Manager Beach took charge Of the mine
he determined to push this inclino down II
order to prospect the claim northward. II
expedite tho work he put ON six-hour shift
and tho work has been crowded. 1t wa,
hoped that . new ore body would b,
reached and tho hopc has been realized. Or
| Sunday about Is inches ofore was showing
| In the face and ON Monday the face was al
mineral Samples from the new find rur
all the way from Ts ounces 70 Ats ounces all
ycr nor ton. The TiyMes y not informed .,