The sun. [volume] (New York [N.Y.]) 1833-1916, 1898-01-17

reduction plants Of 500 tons, averaging at the
lowest estimate &25.to the ton, make q value
the daily treatment Is now $50 tons and tho
value is above R25, time enough has been lost
IN the year to mako the total IRON the county
81 1000, 900 more from the mines and mills Of
the rest OF the district, Ten million dollars Is
ton Of the Hills in 1857, and it is confidently
predicted by the men who made this output the
past year that Sl2,ooo,ooo will be the record
"A Total of 800 stamps are dropping daily in
the Homestaso district. reducing on The aver
The siiiccous orcs of Lawrence county are
Averaging about $50 to the ton, and It Is con,
coded that the production will DO 500 to 300
tons q day by the close OF the present year.
UTAH.
SALT LAKE, Jan. s.-The. owners Of the Old
Jordan and Galena at Bingham, Messrs. /. Il;
this city, have decided to erect a cyanide plant
on their properties for the treatment OF the
company already operates a concentrStor and
makes heavy shipments to tho smelters, put
rom t The fnhnssS can Rlp sC treated at at a proat. From
the start the mill will have q capacity OF loo
Several bonds on anthony properties have
been secured in this State and In Nevada during
the past, week by men interested II the Brice
process for the manufacture of gold. Several
shipped from Pluto county TO Chicago. and tho
R Ises' sisSoS Hfith loes Sn minins m %ak and sFG %et SfHm:
gists have no faith in their proposition.
The silver King to-day paid its January diy1-
while tho Mercur declared its second increased
dividend Of 10 cents per share, or S36, 900.
bond on the Comstock and an adjoining group
OF claims in the State Line district, Iron coun-
& 30 on T f s8, win Of az si o0Se p% ny de extensive Shis;;
development. The new ten-stamp mill just
erected is pounding away on ores from the Gre
ole.
LAKE SUPERIOR.
HouoHroN. Mich, Jan. 10.-Within the past
three years tho Calumet, and Heela has doubled
payer. and instead Of paying annual dividends
Of So. 900, 900, now divides "a 1000 900 each
yse sdiy % ai~iasn Us of' 8, o 5oGs 600 cn eaeS having F been
tho rulo for two years. This remarkable in
crease in profits paid to SHAREHOLDERS has been
due mainly to tho increased capacity OF the
mine and the favorable price Of the output.
BRITISH COLUMBIA.
SEATTLE, Jan. SAN official statement Of
the output Of the mines OF k~ootenai district is
published, and 1t Is exceedingly gratifying to
that the product would amount to $4,000 900,
off nearly a thousand miners since that time, was
not taken into ACCOUNT, thus lessening the prod,
Ss'1s %ns5ffssiaf5 10Y the The Se oif'f 1877 sto os aSont s s1iS..
Columbia from 1857 to 1897. Of tho ores
is situated, produced 75,542 tons. Three years
ago the Trail Creek mines were just opened,
metals and copper amounting in the aggregate
to $5, III, 600. In the estimates made above no
s aecf fhe dissric oeG that have o. accumuiatted neces.
sarily in opening the mines. These ores are now
lying on the various dumps. and can be con.
servatively estimated at $4,000 tons. worth at
least $40 per ton. making a total OF SO, 100000
worth of available ore when works are erected
that are capable of handling low-Grade ores
The Le Roi has paid $500 900 in dividends.
and It is said that they viii be increased to
The War Eagle and. Centre Star. which were
trict during the year past; will become regular
and active this year. and their output should
trst,cl Is condition on and have thousands Of tons
The Annie Laurie group on Phillips Arm,
Georgian Straits, recently purchased by n
ing on the surface. The ledge Is over thirty
gold gold A large force Of men were put to work
on the property last week.
this is w f1ser.n and r the force aSS W Will Be- m MAJ efhI1S' IN.
as in the.zasio district, So a day.
MEXICO.
Mexico, Jan. 1O.-Several rich
gold quartz properties in the mountain range
being developed by strong American companies.
The mines Of the Pangco Copper Company,
in the Panuco district, State of Nueva Leon.
are produ cing large quantities of rich copper
ore. This company will soon begin the erection
of a smelter.
The gold mine of the Compania Aurifera, in
the Panuco district, has mado a profit Of nearly
800 900. within the past few months besides
paying for q large amount Of development
work.
A number Of gold discoveries which, accord.
ing to reports, are very rich. have recently been
made in different parts of Guerrero and many
American prospcctors from Colorado and other
parts of the West have gone into the new dis
tricts.
All operations in the rich gold mine of the
San Luis del Orc Company, in the Zacatecas
district, State of Zacatccas, have been temper
arily suspended, pending the installing of a new
plant Of machinery In the mine. This machin-
GUAyMAs, Jan. s.-The Continjencia mine,
near Nogales. has a 13-foot ledge at eighty
two feet which assays SO gold, 20 to 80 ounces
of silver, and 20 per cent. copper per ton.
The San Jose gold and copper mines, owned
by the Nicholas Chemical Company, control
5000 ceres of mineral land and work six mines
within this area. The mines produce about
tied only by the capacity of the plant. The
smelling works yield between one and two tons
of bullion per day, value $500 per ton In gold
The San Mieuelita, at .Nogales,. under bond
to ex.Gov. Thornton of New Mexico and Gov.
Grant of Colorado, has a ~five-foot ledge Of ore at
400 feet carrying an ounce and a half Of gold
and twenty ounces Of silver to tho ton.
The Pillares at Saeosari has an ore body at
800 feet that Is from sixty to 100 feet Wide
and bears from @ to o per cent. In copper. The
ore body Is nearly 900 feet long. The prop
erty Is being developed by the Copper Queen
Company Of Bisbee.