The Portland daily press., 1896-05-27
GOLD INSTEAD OF SILVER.
What N. 2. Dalton Says of the Out
look in Colorado.

Gold Producing State.
MIR. NJ. P. Dalton, we'll known in this
city years ago as young business man.
but who has for years been west in the
mining business is IN this city for brief
visit Mr.. and Mrs. Dalton, reached here
from New York Sunday night, and are
at the Preble house.
Mr.. Dalton is one of the heavy mine
owners of the gold producing states. He
was in silver mines to considerable ex-
tent until the downfall of the "queen of
metals'' as he terms silver, and then
turned his attention to gold producing
with marked success. He is now the
controlling owner Of some. fine properties,
and is very well satisfied with the OUT
look.
Mr.. Dalton said yesterday that the gold
question will settle itself if left alone BY
reason of the vast increase in the output
of gold in the gold producing states, and
the almost marvellous richness of the
mines opened. The state of Colorado.
alone he says produced SIS 100000 in
and mining experts put the probable
output for this year at not less than 1923. :
600, 600 and probably S25 0O0 0O0 Last year
Colorado led California itself about ST.
600, 900 in the output OF gold and Mr.. Dali
ton is of the opinion that his state will
go far ahead Of California this year. Mr..
Dalton talked in an interesting way of
the great richness Of many of the
properties opened since the downfall of
silver. Cripple Creek itself was one re-
suit of the drop in silver. forcing pros
psctors as it did to search for gold, with
the result already familiar to the public.
But Cripple Creek is in the opinion of
Mr.. Dalton to have rival in Pine
Greek, located about six miles above
Central City or about Al miles from Den
yer, all but six miles already connected
with Denver by rail. Mr.. Dalton thinks
that in six months there will be at least
50Jo men in that camp, and looks for
wal. to seeing Cripple Greek riyalled, if
not exceeded in its gold output.
The new camp is located In GiIpin
gold producing counties in the state. AL
ready ore has been taken out running as
high as $4,000 to the ton. That county
has already produced $1O3, 600. 600 in gold,
sand tine hills have been hardly
scratched" is the way Mr.. Dalton put
il.
BY way of showing the marvellous rich
ness of the new camp, likely to play so
important part in the history of gold
producing in the United States, Mr..
Dalton spoke of property in which he is
interested in Gilpin county, estimated by
competent experts to contain from $16,-
600, 600 to s1s, 600, COO in gold. This is a
placer property, and the gold was of course
deposited little at time as it wore
off from the hills above. This fact shows
the wonderful richness of tho surround
ing hills filed as they are with thesveins
from which this great mass of gold has
been slowly gathered Many of these
gold bearing veins have OF course been
uncovered, and are being worked, but
thousands more remain to be found, and
the finding will yet make many men
rich
Mr.. Dalton does not believe that this
gold output will grow less, but Oh the
contrary expects to see it largely increase.
He cited the case of the famous Cali
fornia mine now to depth lof 2150 feet.
and yet the ore is as rich in the bodies,
and even larger than at the depth of two
hundred feet from the surface. Mr.. Dali
ton also spoke of the equally famous Fisk
mine of which he is one of the largest
owners. It is down $50 feet, and at that
depth they have vein twenty feet wide
Of solid ore, some OF which will yield
$500 to the ton. These are all true
fssure veins, and vein of that sort is
never lost. It may be pinohed, but
followed it will surely turn to ore again.
Mr.. Dalton takes the ground that the
output of gold instead of growing less
will largely increase from year to year.
Prospectors are finding that gold is
literally everywhere, gold having been
found within twenty miles Of the city of
Denver, something never dreamed of IN
the old days when men looked for silver
alone. The rush to the gold fields is even
greater than it was in the early days of
the discovery of gold, and there are many
stories told of the success Of individuals
miners. The "Schultz Wonder" is still
much talked OF, not that it is a wonderful
mine, but becau Sc it was developed so
rapidly. Mr. Schultz, who had for many
years battled against adverse circum-
stances, and who was very poor miner,
went down to Cripple Greek and located
a property. 1t proved to be fair pr O.
ducer, and in time he sold 1t out for
SIS, 600, and went back to Denver.
EIe got there ABOUT the time Pine Creek
began to be talked of, and went there
with the rest. He bought claim for
$1,000, and proceeded to do what work he
could on it. In short time, he again
struck it rich. In few days he had
taken out $4,000 worth of gold, and people
began to talk of him and his mine. He
has been offered $780, 600 spot cash for his
property.