The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1895-07-12

more profitable means of investment than
most financial institutions in that country
now afford.
Mining is so active in Trinity County
that another newspaper has been started
in Weaverville, which expects to devote
great deal of space to the mining interests
of the county.
Inventions bearing on mining in one or
another of its branches are fast multiply
ing in Australia.
A cantract has been entered into between
two large financial houses of England ana
Fraser & Chalmers Of Chicago 10 put
diamond drill hole on some deep levels 10
lntersect main reef in the Rand. Africa
at a depth of $500 to 1000 feet. The gen
eral idea is to prove the theory OF the dip
of the banket bear of the Rand.
The Diamond Creek cinnabar claim, Del
Norte county, is being thoroughly pros
pected.
The La Grange Hydraulic Gold Mining
Company of Weaverville is making an eX-
animation of some gravel ground between
the Trinity River and the south fork OF
Trinity, with view to purchase. Ii the
purchase is made ditch % miles long will
have to be built at an estimated cost or
$4,000 The ground belongs to J. j. Mas
ton and J. L. Gillir en-, and consists OF 1900
acres.
Letters from Yuma, Ariz., to the Times
Il
being built up in that Territory, about ten
miles from the Gulf of California, near the
town of San Antonio. The mines, three in
number, are gold properties, and are at
present being worked under a bond by a
wealthy company.
The Rising Sun mine, near Colfax, Placer
County, has been leased to n. F. Cleary,
and 200 will be expended in improve
ments and plant.
The outlook for quarts and drift mining
on the eastern part of Placer County is
very bright.
Work has been resumed on the Bonanza
Slide drift mine, near Colfax, Placer
County.
A pipe line is being laid for oil from
Newhall to Hueneme for the Pacific Coast
Oil Company.
The Miners Union of Grass Valley has
sent $110 down to the State Miners Asso-
citation.
Americans mining in Lower California
are loud in their complaints about the ex
tortion practiced by officials under the new
mining laws.
The rich "horn silver float recently
found near Peach Springs, Ariz., turns
out to be meteoric iron.
About fifty men are working placers on
the Upper Hassayampa, Arlz., and there
would be more if water was not scarce.
The De Lamar Mining Company, Idaho,
crushed 1921 tons of ore in May and
shipped 6522 tons, which realized $76.354,
leaving $40,S75 profit.
There are twelve or fifteen millionaires
at Cripple Creek, Colo, not one of whom
had dollar five years ago. The gold de
posits made the change,
w. A. Clark, the mining millionaire OF
Montana, has gone to Arizona to look after
his copper properties.
Hamilton Smith Jr., the noted mining
engineer, formerly of this City, but now of
London, has gone to British Colum bia to
examine some quartz mines.
Henry Janin has recently been examin-
ing some mines in Calaveras County.
The DILL wells on the Miner ranch. near
be thoroughly developed, capital having
been obtained for the purpose.
According to Walter J. King the coun-
try in the Upper Yellowstone is prosper
Gus, all the coal mines being operated.
One company employs 200 miners and has
a daily output of 400 tons of coal. This is
at Horn. a Montana miner who has been
IN the Trail Creek country, British Column
bia, says that region contains the toue hest
formation for the precious metals to grow
IN that he ever saw. The country has
been Staked out in every direction and one
can set out from Rossland and travel two
days without getting off located ground.
The claims there are 1900 feet square. No
representation work is required, which &C
counts for the location of so many claims.
A yearly license of S. is exacted of every
prospector-even a clerk in a store must
pay this tax before he can go to work
There is considerable activity this year
among the owners of quartz claims in the
vicinity of Yale, B. c., in regard to doing
their assessment work, the results in other
directions having apparently stimulated
greater efforts in this district.