The sun., 1896-08-17

L
reservoirs and put In pipe line In order to ge
| the desired pressure. As soon as this plant be
boro district will 6e larger than in any othel
| district in the territory.
There are more extensive placer minss ,,i N
estimated that It would require 81. 600, 600 &c
scale. 4 company was formed for this pur:
| pose some years ago. but the necessary capital
A contract has been lot for the erection Of
9S.ton smolter. at ,. Serrillos: the plant to be
shaft on the Golden Giant mine at Pinos Altos
100 feet deeper. The shaft Is now down 35o
in tho mine taking out ore which is reduced at
Pinos Altos. Enough development work has
M done me N rss mine TO snoT hss w be
Work will be resumed on the Pacific Gold
mine has been idle for several weeks because
water sould not be had to supply the Pacific
paeity % t Of rom from 90 S to 90 tons Of ore % day.
The Colonial Mining Company has suspend
ed operations in its mines at MoHollon except
The smeiter here which is being operated by
the Silver City Reduction Company is having u
very successful run.
IDAHO.
IDAHo City, Aug. SIN 1904 Charles Woods
and his partners struck q ledge about three
miles south of Florence, upon which shafts
ore is uncovered. After following small seams
mere lines dropped into the earth in . hcri.
developed irto rich, well defined ledges Of
quartz containing the coveted gold of the same
short time M ago 'G one of these ledEes sold for
$4,000, and other sales for various sums
haye been rel reported lately: ,. -. u,u
near the centre Of the old placer held and on
cred one of the best finds yet mace. There are
now two mills in the camp working on custom
Gurns sPS . Sss IS NO or
Florence will soon take her place aong tho
beet gold quartz mining districts of the state:
a good many mines have been discovered. and
all yield rich free-millinE gold ore. The shaft
%hsn iSo Is reached 'eMa Viii be rSn
TO the mlne and the work OF sinking will con.
tinue. A short distance cast Of the summit
has been attained by a shaft. Negotiations
for this property are now in progress. and II Is
s6o hss ct sSs to he
machinery and sink to good depth.
A mile south Of the Jupiter is the New York,
who is . thorough mining man. Mr.. Jacobs
has put a shaft oown 70 the depth Of forty
which yields exceedingly rich ore, he has gone
to the foot of tho hill ana started tunnel,
which viii follow th" vein ana open up stop
vide, but only siT ieet is good ore unless
worked in . large mill. One foot and . half
ton in free Sola. The II Easraciosa, in the same
neighborhood, will soon bc pretty well opened
Is on IN the & HIa The
Capt. j: b. chaanell Is doing development
district. Ho dc has not yet recovered the ore
chute, but expects to soon. Years ago this
ne Slnioe1 ora yisa with nrosn.ctors
who are working toward the central portion Of
tho State, mainly to the headwaters Of the
been picked ap there during, the past few
years, but as the country could be entered only
by trails, little prospecting was dono for
Most Of the placer miners Of Boise Basin
are through for the season, having made much
a company is putting a dredRer in the bed
of More Creek, seven miles below Idaho City.
The machinery ts powerfnl and LA 4 h; i sneSesds @
MAD SPECULATION IN CANADA.
QUEBEC. Aug. 49, Canada Is Just now pass
ing through the incipient stages OF mining
fever that threatens alarming proportions
plethora Of Canadian capital seeking invest
ment to oeluge the country with .prospectuses
G Columbia The most sTtraSagant induce.
ments are being held out TO probable Investors.
sen IN
half cents each. Whole pages of tome Of the
newspapers are taken up for the pur pose of
stances it seems as IL the editorial columns
have been similarly secured. A few Of the
Toae e Sarn her readers against the popu
lar craze. but their ntterances are almost en-
ti~ely unheeded. and there is rush TO secure
an entire absence Of any guarantees to share;
holders, and absolute ignorance Of the so.called
promoters. promo @ All this t. seems to make no dlffer.
snce to the poor dupes who are In the mad
rush for shares which they
their value. Hundreds of thousands Of dol
lars Of this stock is sometimes taken in single
day In Toronto, Montreal. and.Quebeo.
COLORADO.
DENVER, Aug. 12.-There are some signs of
o settlement Of the Leadville strike. and the
mines may resume work without serious difh-
per day to miners have started up without op-
position from the miners and next week Major
the Bohn shaft. He has p1sted notices saying
that the mine Will open for work, and the
scale OF wages will be 81. 90 per day. He does
10 that tho miners, tired OF idleness. will re-
turn to work regardless OF the Miners Union
leaders. Most OF the miners have families,
and thev want TO go back 20 earning wages.
though they believe their demand Tor higher
Gilpin and Clear Creek counties are still tied
up by the washOut- Railroad repairs cannot
be completed much before September Some
the water is slowly filling shafts and drifts.
Central City sends down to the Denver branch
mint an occasional wagon shipment of gold
retorts: one coming in Yesterday weighing
81" ounces was rather above the average.
Cripple Greek sent in the same day 3,3O3
ounces; San Miguel. 372 ouncea: Boulder, AZ
ounces, while :. 763 ounces were sent in from
one of the smelters of the city. The receipts
for the day amounted TO Sl40,0 900.
\ prospector, working in a lava formation
between Cripple Cresk and Frtshwater dis
trict, hauled into Cripple Creek n wagon load
OF rock taken from nine foot hole aug near
the wagon road. and sampler gave him an
average value of $15.4O per ton. ProsE ectors
are working throughout miles Of virgin ter
ritory in evsry direction from Cripple Creek.
Dividends are being regularly paid by some
OF the. big Cripple Greek mines, new machin-
cry continue To 90 into the camp, leasus are
signed. test shipments of ore are made. and
new discoveries OF veins arc occasionally re-
ported. Tho town continues its building
boom, though there seems 10 be more build
ings on the business streets than business war
rants. On tho Mountain Beauty a trench has
opened a chute for l50 feet along the vein.
and assays taken at various points return
from $50 to 500. \ fine vein has been opened
on the Gcttysburg which assays from picked
specimens from $50 TO $50, while a sample
taken across three feet OF the ore gave re-