The Philipsburg mail. [volume] (Philipsburg, Mont.) 1887-current, 1890-03-06
AMONG THE IEDGES.

OUR MINING EDITORS WEEKLY
REPORT.
The Granite Mountain Output-The
Gold Coin syndicate Gettin. to
Worl-Ninerai Fatrnt. ANA Mini
ing Transfers. Other News.
Granite Mountain.
The output for the week ending
March 6 was ~ bars of bullion, contain
ing 10000 ounces fine silver and 10
ounces fine gold
Black Horse
Col. r. A. Hawkins. president of the
Black Horse Mining company, is feeling
quite jnbiiant over the outlook at that
developing the ground and the prospects
confident that they will soon have Il
great mine in the Black Horse
comstock Output.
The output of the Comstock lode has
been, up to 1883, $324,O0O,OOO according
to government figures. Three hundred
and fifty million dollars would probably
be nearer The mark. The Comstock
mines have been assessed $685. 100000 and
have paid $115.OOO.OOO IN dividends. The
big fortune of Mackey. Fair. Sharon,
Flood and OBrien do not represent d:vl-
dends but came from the manipulation
Of the San Francisco stock market
Mineral Patents.
The following mineral patents were re-
ceived at Helena last week to properties
in Deer Lodge county: B. n. Pricer.
Sprlngville lode mining claim, Deer
Lodge county; James A. Murray ct al,
George Gordon Byron lode mining claim
Deer Lodge county; James A. Murray
ct al, Waiter Scott lode mining claim,
Deer Lodge county; A. A. Whittier ct al,
Deer Lodge county; A. A. Whittier ct
al, Donohue placer mining claim. Deer
Lodge county.
The Champion.
The engine and other machinery for
the Champion mill, SO long delayed,
arrived last Saturday and is now being
placed says the Northwest Holders of
Champion shares are elated. as they
have assurance from the contractors
that the mill will be completed and
ready to start up by March Is. The
capacity of the mill is 30 tons per day,
and if the ore averages as we'll as it has,
SO far, the gross output will be from ST.
200 to 81 800 per day. AS briefly men,
toned in these columns last week. the
west drift has recently opened out a
splendid body Of high grade ore that
promises to rival anything heretofore
discovered in the mine. The Champions
future is no longer a matter of specu-
lation-it is one of assured prosperity.
Mining Transfers.
The following mining transfers of
property in this section were recorded
during the week:
VIM. McCale ct ux to J. r. Mackey,
one-fourth Mary Ellen and Elizabeth
Annie lodes 81.
Charles Clark ct al to Bi-Metallic
Mining Co., two-thirds Edwards lode
and two-thirds of portion of Alice. Flint
Creek dist, 81 1888.
John Whiting to J. r. Mackey. un-
divided one-eighth Elizabeth Annie and
Mary Ellen lode claims. Flint Creek
mining district, 500.
John Roach to Charles Carlson, Daisy
lode, Silver Lake mining district, 500.
Angus A. Mcdonald ct al to Charles
Clark, three fourths Of Virginia lode.
Flint Creek mining districr, $4,000
The Gold Coin Syndicate.
The Gold Coin syndicate is the name
adopted by Mr. Clark for the new min
ing corporation operating near Hasmarb.
This company IS the center of attraction
in mining circles here at present, and
their future success is earnestly wished
by everybody. The claims controlled by
the company are the Gold Coin, Big
Expectation, Mary Ellen, Elizabeth Ann,
Michael Dewitt, Helena, Needle Gun,
and Highland Chief. OF these the Big
and Gold Coin are thought
to be the most valuable. The sinking of
a shaft on the Expectation will be COM
menced soon. At present the men are
all engaged in grading and building a
shaft house, hoist, etc, all of which will
be in order in another week, when the |
development work will proceed. F. j. |
Mackey and Fl. p. Clark are in charge of
the work.
The Ellxhorn Sale.
The sale of the mines and personal |
of the Elkhern Mining COM
pany to the Mutual and Financial Trust |
Syndicate of London, which has been in |
progress some time, was completed last |
Friday, according to the Helena papers.
The property brought $4,000. The
bond for this property was first secured |
by Henry Bratnober last fall, who went !
TO London with report by Capt. John
". Plummer, supplemented by enc of
MS own and succeeded in placing the
The milling and hosting
o!ant will probably be enlarged this
year and Captain Plummer will have
charge.
Everybody in this section of the state
Knows Capt. Plummer and all are unaai-
nous in wishing him success in bis new
7enture, with the hope that he may
make the Elkhorn as great financial
success as he did the Granite Mountain
The Red Lion.
j. G.. Belding, manager OF the Red
ion 1ooafod ira tho Red ion district