Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1893-07-01
The Situation in the Tin District.

Following close upon the rumors con-
cerning the Harney Peak Co., which
we're published in the CHRONICLE of the
18th and oath, is one to the effect that j.
s. Childs has been let out, and that the
superintendency would pass into other
hands to-day. Where it comes from
and where it went. We are not in posi-
ton to state. d. w. McFadden was in
Hill City Saturday last. and he informs
us that up to that time no tin news OF
any kind had been received at the COM
psny's headquarters there. The Dead
wood Times of Sunday last, has consid-
erable to say, and makes some startling
revelations. We reproduce its article
below. but it should be taken with a
grain of allowance, at least until the
Times sees fit to reveal the source of its
information. The Times says:
The Times is in possession of finforna-
ton which we are not at liberty to di-
vulge at present, but 10 positive that the
Harney Peak tin mines and mills will
be started up in the near future. Just
when this important event will occur is
not known by anybody outside of the
management, but judging from the fact
that all the differences which have ex-
isted for some time between the stock
holders on the American side and the
Englishmen, have been satisfactorily
settled by the purchase by the foreign
ers of the Americans interest for s., SOC, )
600, and the request received few days
ago by L. w. Speed 10 vacate the com
pany's residence near the tin mills,
which will soon be occupied by Barring
Gould, are conclusive to US that some
thing will be done shortly. 1t is rumor-
ed that Gould will assume the entire
management Of the plant and that Eng
lishmsn will succeed all attaches in the
management and Offices. Another straw
that indicates the direction Of the wind
is the fact that q miner, one of the best
on the force, who has been at work on
the Hswkeye for some time. went down
to Hill City Friday to take . position as
shit boss for the company. That the
company has an immense amount OF
ore that will run four per cent cassiter.
ite besides IS to s. in gold to the ton,
there 10 no longer any doubt. reports OF
numerous responsible experts have O.
tablishsd that. The gold can be saved
in the concentrates and will fully pay
all costs Of mining and milling the ore
leaving net profit Of upwards Of SIS q
ton from the block tin, less. of course,
transportation and charges for refining.
The Harney Peak tin works are all
right, a. will be demonstrated to every
body's satisfaction before long. The
Times has maintained ell along that the
Black Hills has hidden in her recesses
Of enormous wealth great beds of tin
ore. and II will be produced in quanti-
ties sufficient 10 supply the world, and
we sea no reason to change our views
We have encouraged this industry and
spoken good word for ii wherever an
occasion was presented. while certain
Black Hills newspapers, that make pool
claims Of being champions Of the Black
Hills and her interests, have either de-
nounced the industry as q fake or Spoken
slighsingly Of it. The Harney Peak til
plant 10 q Black Hills institution and o
inestimable value TO the whole country
and the Times wishes il the greatest 0
scuccees.