Pine Bluff daily graphic., 1895-12-11
GREAT MINING BOOM.
SPECULATION FEVER INTENSE IN
 COLORADO.

May Rival tue Kafflr Craze-A Compari-
 The Craze Becoming Prevalent Over a
 Very Wide Area.
 Colorado mining stocks are on the eve of boom that promises to approach the excitement recently caused in Lon don by the stupendous advance in Kaf- frs.
 At Colorado Springs, on the board of trade and Colorado Springs Exchange, an almost equal amount was daily trad ed in. Recently new exchange has been organized in that city, called the Consolidated Exchange, making three now in operation at Colorado Springs, and all doing good business. In the midst of the great gold camp at Cripple Creek another exchange has just been opened and trading is lively i'll the stocks of the mines which surround that booming town. At Pueblo still another exchange for dealing in Colorado min ing stocks has recently been organized ] and will soon open for business. In Den- yer every seat ill the Mining Exchange is taken, and the prices for seats have risen to almost prohibitory figures. Scenes are daily enacted in the Colo rado Mining Exchange which would move the blood of the most sluggish. The floor is crowded with brokers bid ding against each other, while in the gallery there is crowd of excited spec tators. Among the latter there is al ways & generous sprinkling of ladies, whose flushed faces and flashing eyes show the interest they take in the pro ceedings on the floor below. Uniformed messengers are kept busy bearing orders to buy CT sell from the spectators ill the gallery to the brokers in the pit.
 A conservative estimate of the gold yield of the Cripple Creek district for 1895 places it at $10, 900, and for the entire state at SEQ, ,000, 900. In 1894 the respective yields were $4,000,000 and $12, GOO, 900. This record will place Colorado in the lead of gold producing states of the Union--exceeding the amount produced in California for a number of years past.
 Mining men who have been in the South African mining fields around Johannesburg, and who have also visit ed the Cripple Creek district, are aston ished at the richness of the latter. A
 Johannesburg mine is a settled proposi- tion with $11 ore, while in Cripple Creek some ore runs as high as $I50. GOO to the ton. Some of tic Cripple Creek mines have supplied ores to the smelt- CTS of Denver and Pueblo yielding from 1 $20 GOO to $S0, GOO for single carloads,
 and single mine, the Independence,
 which owns ten acres, has, in it's brief history, yielded and marketed $1, 750, GOO, and is estimated to have s3, 900, 900
 of equally good ore in sight. In this
 mine, at 300 feet from the surface of the
 mine, a vein is opened from to 35 feet
 in width, yielding ore valued from $500
 to several thousand dollars per ton. In another property, the Portland
 over $1, ,000, 900 has been cleared above expenses, and the company is paying 2 I per cent per month upon it's capitalism l tion of $3. 900, 900, with orc reserves in sight sufficient to last eight months without fresh developments This com l pany is now erecting additional hoist- l ing works costing $l00.000 paid for without impairment of dividends, and l it is confidently expected by tho com ,1a11v f110k # will fron Jauj1dxX uext be.