Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1895-09-14
Mining Ite ms.

"N 'NPo's 10 SuiiCHt tudI the new
owners Of the Holy Terror mine, have
refused an offer from New York parties.
of 100000 for their property.
Nearly all Of the machinery for the
gold mill of Alexander & Marsh at -Four
Mile has been received, and it is believ-
ed that everything will be in readiness
to put the same in operation by the lat
ter part Of next week. The mine is
looking we'll, and the success of the
enterprise is now believed TO be assured
The old reliable Homestake Mining
Company has made its l06th monthly
declaration Of a dividend. In this in
stance it is % cents per share aggregat-
ing so, 800 is made payable on the 18th
inst at New York and San Francisco
The total amount of dividends distribut-
ed among the stock holders of this peer.
less company since it brgan operations,
reaches the enormous sum of S5,5SS. $50.
The B. Fl. Mining Review is authority
for the statement that the Rapid City
chiorination plant is now being put in
readiness TO resume operation, and that
within the next sixty davs will perma-
nently resume the treatment Of silicious
ores from the Bald Mountain and Ruby
Basin districts. In the last week parties
were at Terry, and during their stay tied
up valuable group of mining claims
with large chambers OF profitable mill.
ing ore blocked out and available for
immediate mining and shipment. 1t is
estimated that $40 900 will be the amou 1t
necessary to place the plant in a condi-
tion to operate with economy and con.
veinence, and that the repairing will be
pushed with all practical speed.
The mammoth Kildonan plant is
rapidly nearing completion. A full
force Of workmen of all trades are en-
gagged and all parts Of the building are
going ahead together. Richard Lilly, a
fine mechanic, has charge of the mach
inery and he has large force at work
setting and adjusting the heavy iron
work. Matt Hamilton, an expert
bricklayer is at work laying the bed for
the gigantic boilers which are being put
in. In days past the building of boiler
beds was very simple, but modern in
genuity has contriyed many improve.
ments which makes the construction
of one quite difficult. Any army OF
carpenters are still at work framing
timbers for the addition yet to go up,
and completing the main building
which towers high above any building
ever built in this section Of the country.
Independent.
MILLIONS, AND oTHEs MILLIONS.
The following article appearing In a
recent issue of the Deadwood Pioneer
in relation to the valne of the ore depos-
ITS Of the northern Hills, enters largely
into the millions, and while the state
ments may appear largely everdrawn by
those who are unfamiliar with the region
referred to, they are nevertheless fully
warranted by through investigation
which warrants future output of the
precious metal which will astonisb the
world, which no other known section,
save the Southern Hills, may ever ex-
pect 10 equal in its surprising magni-
tudc. The writer tays: "The ore
encountered at the Fanny shaft was
something wonderful. tie company
know Of five shoots, all fully proved, that
pass across the ground-aggregating 800
feet in width, Eve feet in thickness and
600 feet in length, equaling 900. 900 cubic
feet equal TO Ga 900 tons. having an aver.
age value Of $50 per ton, worth gross
1890. 900. There is dead absolute
certainty of this siiicious ore, section
yielding over $l0O,00OOOO in gold, and
there are not wanting competent miners
who place the gross quantity at one thou
sand million Of dollars 1000, ,OOO, ,OOO)-
A competent engineer informs ms that
Rnby Basin contains $40 acres the
Fanny ground is about "a acres. Taking
the ore known to exist in these fourteen
acres, as basis, Ruby Basins lowercon-