Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1891-08-08
Mining Itama.


Work on the north Pole gold mine is
steadily progressing The tunnel upon
which the proprietors are working at
present has penetrated the mountain
side l35 feet, and the quality Of the ore
that is being taken out is most encour
aging.
The force Of men at Tenderfoot was
discharged and the mine closed up We'd
nesday AS the mine had up to the date
Of Us closure been turning out ore that
surpassed all expectations, this action
of the Eta company seems inexplicable.
However, the company itself doubtless
knows what il is doing.
Later-We have il this morning from
good authority that the closing of the
mine is only temporary, and that work
will be resumed within the next ten
days.
The machinery for the Four Mile gold
mines has been ordered and will be on
hand and in position within the next
ten days. 1t consists of ten eoncentra-
tors with capacity of i've tons per day
-curhs. AZ prc-rrt n rorue OF men is eE-
gagged in the erection of a building for
concentrating works, 30x40, and in re-
pairing the machinery ~ nerly used at
will he commenced pom the return Of
Mr.. 0lmstead, who is nM nneapolis at
present, and the 70 .ce' o. thirty men
which will be employed from the first
will be increased rs re development of
the mines progresses, and the success Of
the enterprise is more fully demonstrat-
ed.
Regular semi-monthly shipments Of
bullion from Black Hills mines was
made yesterday. 1t was somewhat
larger than usual, aggregating nearly
sl95,O00, including usual bricks from
the Caledonia, Homestake and associat-
es and a 900 beauty from the Gold
en- Reward chlorination works. The
Keystone works did not ship. Sulp-
hides were brought in from Garden City
last evening and will be retorted at the
Golden Reward plant today.-Times.
A prospeetor on the hills east Of Og-
den has brought down rich piece Of ore.
1t was shown to the reporter by Judge
A. Il. Patton. 1t Is piece Of free-mill-
ing gold ore assaying $4,000 to theton.
A 80 foot vein has been discovered and
men are now at work on IL. 1t promis-
es to develop into something Of vast i'm
portance TO Ogden. Miners are excited
over the report and confidence is being
strengthened in the wealth of the noun
tains abont dgen.-Ogden, Utah Speci
al.
ORE on THE DUMP
President Untermeyer Of the Harvey
Peak company in recent interview
spoke as follows of the tin interest:
The statement that the South Dakota
mines are non productive Is false.
There are thousands Of tons of ore now
or the dumps al our mines waiting until
the new mill is completed. This will be
about April next, and the capacity OF
the mill will be about eight tons Of
pure tin per day, representing valua-
ton of from S3, 200 to $4,000. As soon as
the first mill is completed and its ma
chinery tested we will commence the
building Of five other mills. By April,
1894, we viii get sufficient ore to supply
the six factories, whose aggregate daily
output we estimate will be from 40 to 60
per
year. In two years from lie date OF
opening the first mill we expect 10 turn
out Dig or bar tin at the rate of 10000
tons per annum.
DOES MINING PAY?
A certain class of men, usually those
who have invested 500 or $500 in
prospect or stock in company owning
one, and failed to realize a competency
therefrom, are constantly asserting the
oft exploded falshood that mining is not
remunerative business that more
money is put into the &, ound than taken
out, and such kindred statements, and
yet large capital continues to be invested
and percentage of dividends paid far
beyond that of any other industry or
business. 1t can be absolutely demon
strated that had the mining interest and
business been concentrated into few
hands, as has the oil and railroad inter
ests, the Rockfeliers and Jay Goulds
would be bonanza pigmies compared to
the mining kings. Once a successful
mining industry is established and the
business acquires and continues Helena
Jaurnal