Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1897-01-23
Mining Items.

The Holy Terror company, OF Key
stone are sinking their main shaft 100
feet deeper, which will open up that
popular bonanza to depth Of 500 feet
Ike Downing, formerly of this place, has
the contract for the work.
Tie Kildonan company's plant at
Puma will, it is reported, soon be en-
larged to almost double its present re.
iccing capacity by the addition of ma
chinery for the operation of which there
! is ample room in their building.
Preston Baker, one Of the lessees of
the Island mine at Four Mile, has sold
his interest in the lease to Standen
Bros. Of Hot Springs, who will increase
the working force on the mine, which
is reported to beimproying with develop
ment, The work of fitting up the mill
for operation is still progressing and
when completed. which will require
about two or three weeks time, the
stamps will commence dropping, and it
is ardently hoped, with profitable re-
suits.
a late Boston dispatch says the Calu-
met and Hecla Mining company crossed
the l00dth mark in the number of di-
vidends declared today by announcing
a IS regular dividend and $40 extra, the
largest dividend ever declared in the
history of the corporation at any time
and the first extra as well. Both di-
vidends are made payable Feb. 10 to
stockholders of Jan. Is, and together
they call for the disbursement Of 81 500,
600, making an aggregate of S4S, $50, ,0O0
that the company has paid in dividends
since it was organized. Today's divi-
dends brings the total up to S35 for the
fiscal year, beginning May !. 1896.
ROCKFORD.
One of the oldest camps in The Hills,
has recently taken new life and is now
more lively than for many years past.
A large number Of prospectors are now
at work in the limestone range adjacent
TO the camp seeking for the source of
the rich float which is occasionally
found. The old Montezuma mine is be.
ing steadily developed by the new own.
ers Steve Zerega and associates. A test
run of few hundred tons is now being
made in the stamp mill owned by the
Apex Nj. & M. company and from the
appearance of the plates a handsome
cleanup will he made on completion OF
the test.-TimeS
TYPoGRApHCAk ERROR.
immediately after the report of Di-
rector Preston, of the United States
mint, appeared in print crediting the
Black Hills with $l,650,000 as the gold
product for the year 1896, n. p. Harri-
son, agent of the Deadwood stock ex-
change, compiled a report, the figures
of which were carefully taken from the
records of the various principal pro-
ducing mines of the Black Hills and
submitted it to the director. The re-
port showed the gold product Of the
Hills TO be over eight millions of dol
| '"'o' tAi' AAofiAooh yNo'Siooy aSNSifSu
a communication from Director Preston
in which the gentleman states that the
quotation Of 81 100000 representing the
Hills gold product was a typographical
error and should have been S4,600,000.
The director expresses regret of the
error and says that the report is merely
a preliminary one. and more careful
and conservative statement will follow
in which the Black Hills will be given
due credit. The report, as given out to
the world, was certainly gross injustice
TO this section and should be corrected.
Times.
RICH STRIKE IN CARBONATE.
This mornings Times says: Samples
Of ore recently discovered in Smelter
gulch, Carbonate Camp were exhibited
in town yesterday that for richness f r
surpasses anything yet found in the
Black Hills. The rock is sugar white