Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1896-10-03

The cyanide tanks are being placed
in position at the Keystone mill, and
the plant will soon be in operation.
The hoist on the Empire mine was
completed early in the week, and is
now in operation. Good Roadway is
reported in the main shaft, which has
now reached a depth of about SO feet.
The mining pay roll of Butte. Mon
tana, is said to approximate a million
dollars a month. Miners wages are
from s. 90 to $3.50 per day, and the
camp, which probably has more life and
activity than any other in the world,
has a population of about 10000.
Negotiations are being made, says the
Terry Record, by some of our leading
mining men with a party of English
capitalists, to invest $500, 900 in building
a smelter and developing their proper
ty, or to buy other producing mines to
keep the plant in operation with their
own ore. This is no idle rumor, but
almost an assured fact.
\ shoot of siliceous ore has been un-
covered in the 100 foot tunnel on the
Hudson group of claims, owned by w.
w. Odds, of Custer City, and /. l.. ".
Lewis, of New York. Mr.. Olds is CIV
ing his attention to the work now under
way on the property and reports that
he had several assays made or samples
from the new shoot when first struck,
that gave returns ranging from S. to
so 80 gold per ton.-Times.
The big steel tramway which is to
convey ore from the new Ellison hoist
to the Star mill, is expected to be COM
pleted on the first Of November. The
tramway proper, which will be Of steel,
Is being made, and, as far as possible,
bolted at the factory, so that when it
arrives here a few weeks will suffice to
put it up. This tiamway will be over
1900 feet in length, and when completed
will be m Of the most striking features
Of the Homestake plant.-Tribune.
Another discovery of high grade gold
ore has been made on the Union Hill
property of the Union Hill company, in
Galena Camp, that assays in close proxi-
nifty to 500 per ton. The find was made
in an old tunnel driven Is or 10 years
ago, in which a big cave occurred. The
tunnel was cleaned out and high up in
the roof the ore was exposed for a width
of about % feet. The discovery was
made several days ago, but no publicity
was given to it. 1t became known
through the recent visit of the eastern
gentlemen who are interested in the
Union Hill NJ. & NJ. company.-Times.
Messrs. Barring Gould and Graham
bring new testimony and evidence as 10
the ability Of Prof. Rothermel to find
lodges. Not far from the Queen Bee he
has located, for them, from the float
given him, a few feet below the surface,
the ledge. THIS vein, although broken
up. and neither in place nor well de
fined, is five feet wide, and is rich in
free gold specimens. Mr.. Barring Gould
says that he has made numerous pan
tests, and has invariably received more
than a milling prospect. AS soon as
Mr.. Gould is able to leave his home he
will make a test run in the J. X. MILL
Hill City News.
The precious metals do not always
supply the biggest mining stories for
the papers. Tin will probably hold the
record for a time now with the story
telegraphed this week from Gunanaju-
alta, Mexico, of the discovery of depos-
its there with l00,000,000 tons in sight,
which at $500. which is about the usual
market price, would be worth about $40,-
600, 300 900, n at the present rate of
consumption would last the whole world
100 years. The telegram, however, is
not so very definite, and speaks of its
assaying % per cent pure tin. Even
that is not bad. 1t would give 6,5O0,000
tons pure tin, worth $4,000, 100000, and
would supply the world at the present
rate of consumption 700 years.-Mining
Review.
1t is understood that many purchases
OF mining property in California have
recently been made in a quiet way, and
that other mines are being Investigated
IN the same way, with a view to pur-
chase. Most of these are partially
developed claims, of which there are
still a great many in the state. notwith-
standing the length of time during
which gold mining has been carried on
there. Some of the shrewder class of
investors are realizing that after all
California presents advantages over
many of the eve and apparently
more attractive gold mining regions in
this and other countries. Quite a num-
Der of the purchases referred to have
been on foreign account, and among
others it is believed that Cecil Rhodes
and his friends 50 prominent in South
Africa are largely concerned in these
California purchases. II this be the
case, a California revival on the London
stock market may be expected in due
course of time. The diversion of such
experienced and well advised mining
Investors from South Africa to the
United States is very important and is
a very large straw showing the direction
|ofthe current.-N. Y. Engineering and
Mining Journal.
WASP NO. 2 MINING co.
The August dividend of the above
company, amounting to $4,000, was
paid yesterday to the owners in proper
ton to their interests. The report of
the secretary shows that % carloads of
ore were shipped to the Kansas City
smelter during the month of August,
the gross returns from which amounted
to $32, 504, an average of 81. 4S2 per car. |
All Of this ore was taken out in running
a drift 20 feet long and 10 feet wide in
the ore body. from which an idea may
be formed of the value of the group
At q point about 1000 feet south from