Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1894-08-25
Mining Items.

putnpco Out preparatory W reBuulp-
ton of operations. The Chinese war ia
creating an increased demand for silver
which must be met, and it is probable
that this enterprise is undertaken with
that important end in view.
The Baker Quarry company have Sc
cured a contract for two hundred cars of
their rock to be shipped to Pittsburg,
Pa. They have recently purchased the
saw plant shipped in some time ago by
Jim Noodle and which has laid over in
the Elkhorn yards for so long. They
have also bought another gang, and
having force enough to run six full
gangs they soon expect to DO quite
business.-Hot Springs Star
Crow Peak, near spearfish, is now at
tracing much attention in the
northern Hills. Ore Of high grade
is said 10 have been found there, and
many claims are being located. There
is legend connected with this camp
which gives it romantic gliding Of the
lost cabin order, but in this instance it
was a shaft that was lost The long
sought hole in the ground is reported as
having been found, and the mining
future Of the region is consequently as
sured.
L. r. Graves is here from Deadwood,
the guest Of Mr.. and Mrs James Nc
Donald. Mr.. Graves has not been feel
ing we'll for some time and will try camp
life for while and prospect the st
Elmo mine, in which be and jim Nc
Donald are interested. This mine has
been very rich at the surface and has
paid we'll, while working it. Messrs
Graves and Mcdonald intend now to
develop the property and for this pur
pose will put few Gaen to work.-Hill
City News.
Parties in from Yellow creek report
that Donaldson and his partners are
building road to their claims and that
they will at once commence shipping
ore to the cyanide plant at Deadwood.
Their property looks better as work
progresses. Mr.. McShane Friday night
received returns from a number OF as.
says, which showed that his ore goes
$50 to the ton. Those who have proper
ties in that locality feel confident that
they have something great and that the
camp is o. K.-rimes.
The monthly dividend declared by
the Homestake Mining company for
July was five cents per share higher than
the amount which has been paid by the
company for some time past. Twenty
cents per share was paid instead Of
fifteen cents, which has been the rule
heretofore. This is the l93rd dividend
declared by the company, aggregating
S25, 900, and total to date Of So 22S $50,
an average of $326.s00 per annum for
/ the past sixteen years, and it is stated
that there is sufficient supply of ore
in sight in the mines Of the company to
warrant a continuance of similar diyi
dends for at least twenty years.
The Deadwood Times says: The
transportation facilities of both the B. &
NJ. and Elkhorn railways are taxed to
their fullest capacity in the hauling Of
ores from Bald Mountain, Ruby Basin
and other camps on the siliceous ore
belt to the smelter. chlorination and
cyanide mills in this city, all Of which
are running at full capacity, treating
from $50 to 300 tons of ore per day.
When the new cyanide mill now under
construction by the Golden Reward
company is completed it will add great
ly to the amount of ore mentioned and
consequently it will necessitate an in
crease in the number Of cars and trans
portation facilities Of both railroads.
| The outlook for prosperous fall and
winter season are very bright and in all
probability the Horseshoe company will
have their reduction works in operation
before snow flies. They have, il is re-
ported, sufficient ore now in sight to
Justify erections of works capable OF
treating 200 tons per day. The officials
of the company. residents Of Montreal,
Canada, will as previously announced In
the Times, arrive here next month,
when definite decision will be arrived
at. The property of the company is a
valuable one, consisting of over sixty
claims all adjoining; thus forming a
compact parcel of land extending 5000
feet north and south and 1900 feet east
and west.
NE,v MINING ORGANIZATION.
The Marion Mining. Milling and Pros
pecting company has recently been or
ganized at this place. The capital stock
Of the company is divided into 100000
shares at Sl.O0 per share. Its officers
are: w. F. Wells, president; Samue
Scott, secretary; James Brownlee. treas
urer. The president, secretary anC
treasurer form the board Of directors
II is the purpose of the company t
develop and operate promising grouI
OF gold claims in Elephant gulch nea
Custer, embracing the Marion, Dixie
and Dakota Belle lodes, and such Other
claims as may be hereafter acquired
The claims above named present th'
most favorable indications Of value, anc
the enterprise gives unmistakable pro
mise of ultimate success. The mair
Office Of the company is located in thu
Custer County Bank building in thi
city.
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