Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-06-02


well all through but there is a yer.
rich streak Of about sixteen inches il
the vein that shows considerable FIRE,
gold in the rock. For a surface prospec
his ledge exposes a larger amount o
free gold bearing rock than others, anC
is for this reason considered the mos
valuable discovery that has been made
for some time Leonard Bertchey has
secured an interest. and with the boys
will work on this new find and deter,
mine its value. Rapid City Journal.
REPORTED MINING SALE.
The sale Of the Minnie May mine, a
valuable gold property located about
three miles west of this city, and owned
by Thomas Dixon and Isaac Downing
has been currently reported during the
week, but up to the hour Of going 10
press, we have been unable to obtain
such information as would warrant the
publication of anything definite in re.
gard to it. The report, which is largely
credited is, that the property has been
sold to Milwaukee company for s25,.
600, four per cent of which sum was
paid, and balance 10 be paid in ten days
We are inclined 10 the belief that the
sale is bona fide, but having sent live
man to his last rest a few weeks ago on
the strength of public rumor, we are a
triie delicate in handling news items
that are not of iron bound and brass
riveted reliability, we can therefore ouly
say, We hope it's true.
HOPE ITS TRUE.
The Hot Springs Star of last Monday
says Jacob Lambert came down from
the J r mine Saturday evening TO spend
day or two Ia the city looking after
business matters here. He says the re-
ported sale Of the r was a mistake
The mine is showing up better every
day and they do not contemplate selling
at all. He also says that one Of his part.
ners, Mr.. Petit and a man from Hill
City made the richest strike in gold
ever made in the Black Hills few days
ago near the r. After going down
thirty feet through ordinary rock they
made drift off to one side, and had not
gone six feet when they struck a ledge
Of quartz that was fairly alive with gold.
A pan Of the ore was pounded up and
panned, and Mr.. Lambert says 1t yield
ed $500. 1t is a most remarkable story,
and if true it is without doubt the
richest strike ever made in the Hills, if
not in the United States"
THE COAL DEAL CLOSED.
On Tuesday morning the Tines men
toned the arrival Of Chief Engineer
Berry and party, who procured teams
and left the city very quietly in the
direction of Spearfish. We afterwards
learned that the men were connected
with the Spring Valley Coal company of
lllino's, of which Mr.. Sweet is president
and Mr.. Dalzell manager, and that they
have been furnishing the C. * n. w. sys-
tenn coal for number of years. Then we
remembered that Mr.. Sweet was the
party whom George NJ. Nix and Mr..
Graves of Dubuque were negotiating
with for the sale of the Hay creek coal
property, owned b. Ex-Governor LARA.
bee of Dubuque and II. Il. Young of this
city Putting this and that together it
was conclusive TO us that something was
going on that promised TO consumate
Young received a telegram from Mr..
Larrabee stating that the deal was
closed and for him to proceed at once to
Dubuque with papers. Mr. Young had
but few minutes before train time, but
made his preparations quickly and left
by the Elkhorn. We are informed that
the consideration of the deal is 500 600,
and that 5000 was deposited yesterday
to clinch the bargain. The negotiations
have been pending for nearly a year,
the stringency in money deferring the
matter for time. No doubt within ten
days the formal transfer will be made,
and probably before July lst the Elk
horn company will be constructing a
spur from Belle Fourche to the mines,
distan ce of about eighteen miles The
road will follow up the Hay Creek valley
that is comparatively level and smooth,
and the work will not be expensive nor
will it require much time, and by Oct.
lst Deadwood will be using Hay Creek
coal. No doubt the coal company will
operate on large scale, as they have
immense capital and are practical coal
mining men. Messrs Larrabee and
Young have held on to their property
since the early DAYS and have expended
large amount of money, and everyone
congratulates them upon their success
which is the result of perseverance,
Deadwood Times.
A DRAWING OF TEA.
While sinking shaft on the Tea lode
last week Joseph Mcclure uncovered a