The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1892-07-26
OUR TIN MIsEs IN GOOD SHAPE.
Many Thousands Being Expended and Pros
poets Bright for a FUN Home Supply

Many Thousands Being Expended and Pros.
poets Bright for FUN Home supply.
New York Mail and Express
Mr.. Samuel Untermyer. the president Of
the Harvey Peak tin mines. WAS asked to-
day as to the truth of an article that APP
penred few days ago In several papers
with respect TO the lemescal mines. and
also with respect to the prospects of the
Harvey Peak mines producing tin at an ear
~ date Mr. Untermyer said: Il have new
or visited the Temescal mines in Califor-
MIA and know personally nothing about
them. L understand, however. that the
stoppage Is only temporary. do not think
1t has ever been claimed by the Temescal
GENTLY large In extent 10 supply the conn
try, but have seen specimens of the ore
and have always understood that the rock
Is rich with the tin.
"Wo have recently returned from visit
to the Harvey Peak mines in the Black
hills, whers went in company with some
OF the English directors We have Just
completed the erection or q two-hundred-
and. fifty ton mill, constructed by Frazer
Chalmers. or Chicago This mill Is so ar
ranged that IL can toe readily increased to
five hundred tons per day, aud has been
built as an experimental mill only.
I'VE have, opened no tive or SIX of orr
mining claims to the point of development
where they alone will supply this $50 ton
mill with ore. The c.. Is. a. @. are build
ing switches from the mill TO the mines
that will supply the mill. and these switch
es alone will cost the railway company.
am told, ln.the nelghboEhoed of $3.50. 200.
some OF the. switches being eight miles an
length. The railroad construction ia
guaranteed by contract with the railroad
company to be finished by Oct. !, and we
expect on that day I'd start the mill and TO
keep it running. At the lowest possible
calculation and from assays made by
the most eminent experts in tin from
Cornwall and other parts of the world,
Rh0al6 a rQr ram
of tin without picking. We have no in
tentlon of selecting the ore. but shall take
it as 1t comes, good and bad together. Up
on the ejaculation of per cent of tin We
upward of seven tons of TIN q day. or about
two hundred Thousand tons per year. Al
lowing. however, for rhe usual casualties
incident To new industry we calculate
from one Thousand 10 fifteen hundred tons
of tin the first year, but during that time
we shall probably erect other mills In other
parts of the hills and open up new mines.
so that from present indications we feel
that within the time fixed by the Mckin-
lev bill our company alone ought TO be
able TO turn ont five thousand tons of tin.
I'VE own about one thousand mining
claims IN the hills. and are actively en-
gagged In the process of testing and select
ing the best for operation, so as TO know
where to locate our mills The properties
or the company cover probably thirty
miles OF ground. and the process of selec-
manager is Mr.. Childs one of the best
known and most experienced miners in tho
country. He was for years the confidential
man of Messrs. Haggin * Hearst. Captain
Thomas, Who Is at the head of the Corn
wall mines. was in our party 10 the hills,
and expressed himself as pleasantly sur
prised at the marvellous extent of the de-
post.
1--WE have every confidence in our ability
to make of this property "a great industry.
but IL will require time and patience and
the expenditure of large sums of money TO
bring IL 10 point OF return commensurate
with the vastness OF the enterprise. lie
must be remembered that the keeping of
the staff of men incident TO protecting and
patenting q thousand mining claims costs
annually q small fortune. and the product
of one mill oil 80 tons cannot he expected
to yield great returns. especially where
that mill represents only the output Of
about one-half of l per cent of our proper
ties. We have every reason to feel conf
dent that within five years from to-day the
Black hills will supply the entire Ameri.
can market with tin"