Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-12-25

output Of the Homestake and associate
companies is close to 100000 year
msnt gave as a conservative estimate
that the tunnels, drifts shafts, etc,
have blocked out ore to supply the
mills for 20 years TO come. This magni-
ficent institution is the pride of the
Black Hills and the gold producing
wonder Of this continent, standing az
IL does at the head of the list of gold
producers Of the western hemisphere.
There is every reason to believe that
the Highland company will in the near
future remodel its $50 stamp mill, put
in new boilers and engine which are
substantial ly necessity and add 40
stamps 70 the capacity This will ma
terially increase the monthly output
and We confidently expect to see the
great concern paying at least 100000 a
month in dividends within a year.
Pioneer Times.
NEW RATES FOR SMELLING.
DR.. +. r. Carpenter, manager of the
Deadwood and Deleware Smelling Co,
has made new rate on the transpor-
tation and treatment of dry ores, which
is reduction from the rates announced
on Thursday. The new rate was an
nounced yesterday and shippers of ores
and patrons Of The smeter were notified.
By the new schedule ores running un.
der $40 per ton will be treated for 80
per ton including freight chaigss from
the mines. For ores worth more than
$40 per ton SO per ton will be charged
for reduction, including freight charges
On all ores. 80 per cent Of the gold will
be allowed and the same per cent ex-
traction Of silver as formerly. These
charges are practically the same as be-
fore and DR.. Carpenter informs Us they
are better in some cases. 1t is not
probable that any ofthe mines will shut
down on account of high rates at the
smelter. DR.. Carpenter Informs us that
there mas not been any smeter trust
formed, that the smelters claim they
have been losing money for several
years and that in raising the charges
Of treatment they are endeavorng to
put the rates back to a paying schedule.
The ID. & ID. smelter handles more dry
ores every day than any other smelter
in the United States the fact is it is the
only plant that makes speciality Of
treating such ores. The plant could not
operate on less than 200 tons a day,
while 20 tons day will glut any other
plant in the country. -Pioneer-Tim
NEW TWO BIT COMPANY.
Another Mining company has been
organized in Chicago, says the Dead
wood Independent, TO operate in Two
/ Bit gulch, through the instrumentality
company at first and afterwards regret
ted it, are also heavy shareholders IL
the Pyritic Queen company. This com
pany has $4,000 in money on hand, and
will begin developing four claims thai
it owns in the gulch, about mile above
the Hardin camp. A complete hoistine
plant will be put in, and a shaft will be
started. Mr.. McIiugh's mining career
has been almost phenomenal He has
been in the country but few months,
coming here from Nebraska, yet he has
taken hold of mining as if to the busi-
ness born, and by his boundless push
and energy is making II win. Upon
reaching Chicago, u few days ago, he set
about it to interest capital IN his project
to develop the ground Of which he had
secured possession, and accomplished
that end in less than "a hours.