The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1898-07-17

an early date in 1897. and later divi-
dends, data of which is not at hand, in
crease this mount to something like
SIC. 900, 900. The property itself is val
ued at s23, 500, 900. The Ferreira. anoth-
err gold mine of South Africa, is selling
at The rate of 81, $50, 900 for the entire
mine and the Simmer & Jack. a mine
on the Witwatersrand, valued at the
comparatively low figure of SO, 400, 900,
has the largest gold mill in the world.
with $50 gravity stamps. 1t will soon
be exceeded, however, in this respect
by the Homestake of the Black Hills.
which is to have mills in which 500
stamps will be kept pounding regular
ly on old-bearing quartz. the Rand
Mines company is the greatest of the
South African mining corporations in
valuation, its shares selling at the rate
of almost $50, 900, 900 for the entire
property.
The Alaska-Treadwell and the Alas
ka-Mexican mining companies are En-
glish corporations, closely connected,
operating mines near Juneau. Alaska.
The Treadwell has the third largest
gold mill in the world and is valued at
1000, 900. In the Klondike district of
British Columbia there is much gold.
though less than boomers have
claimed, but there are no phenomenal
ly great mines. though there are a
number of very rich ones. The mines
so far are all of the placer variety,
though reef mining is likely to follow
in time. as 1t has followed placer dig
gings in Australia and California.
Among the Mexican mines of which
exact figures of valuation are obtain
able may be mentioned the Perales,
worth 81, 000, 600. the Guadalupe, worth
81. 900. 600: the Real del Monte of Hi
dalgo. whose shares sell on the basis
Of a total valuation or slightly over
81. 000, 900, and the Esperanza y Ana,
valued at 81, 500, 900, the foregoing fig
ures all being based on the Mexican
silver dollar, worth less than half of
the American dollar. In justice TO
Mexican mines IL should be noted that
many of the best properties are owned
by individuals and close corporations.
Were their earnings and values made
public the great richness of Mexican
mines would appear more readily.
some in south America.
In Bolivia the leading producer of
silver is the Huanchuca, controlled by
French money, worth approximately
1900. 900. In British Columbia there
are a number of fine mines, producing
gold. silver and lead, in the vicinity of
Rosslanl a new but richly prosperous
mining camp not far above the inter-
national boundary line OF the united
States. Among the best mines are the
War Eagle, shares of which sell On
the basis of s.. 000, 900 for the property;
the British Columbia Corporation, val
ued at 81, 200. 000: the Gold Fields Of
British Columbia company, s2.40O. 900.
and the SLOGAN Star. a single mine val
ued at a trifie over 81. 000. 900.
Among the mines of other than the
precious metals or copper which lat
ter product is much better entitled 10
the appellatlon Of precious than is sill
yer, judging from the relative pronts
of mines OF the two metals. first rank
should be given the Laurium. From
the earliest historical times this Hre-
clan mine has produced lead and zinc
in vast quantities. and after almost
continuous working for more than 1000
years is still valued at "a. 600. with
few signs OF approaching decay. To
estimate its profits would be a futile
attempt. but at even a moderate an
nual return IL shOuld have made sew
eVeral score generations or very
wealthy men.
] The Malhdano zinc mine of Italy s