The record-union., 1899-06-13

ions than that furnished by the gold
and silver products combined in 1885,
And In the meantime the worlds total.
stock of gold will have been increased
| by about 81 GOO Oo0,O 600. with a prospec-
tive annual addition Of about $4OO, 900,
600 more.
THE BUTTE TUNNEL.
| Amador Ledger: Holmes and Perry,
capitalists Of San Francisco, who have
the controlling interests of the Butte
Basin Tunnel Company, are about to-
resume operations on that property, in
the hope of finally striking the pay
gravel which is supposed to have been
deposited in the basin in prehistoric
times. About two years ago a tunnel
was driven from Big Bar Gulch about
700 feet toward the basin. This tun-
mel drained the country around Butte
so that most of the wells have dried,
and has been for many months carry
| ing a large volume of water. The own
ers of the property are now decided to
sink a shaft to the gravel and ascer-
tain its value, provided, of course, the
water has been lowered sufficiently to
allow of the investigation. w. E. Stew
art has been engaged to do the work
of shaft sinking, in shaft which is
already seventy feet in depth
| CAPITAL IN MINING.
/ Sam Diego Union: That the mining
| industr derives great advantage from
the, introduction of foreign capital when
restricted to legitimate ventures is self
evident, but every care should be taken
to discredit the popular view that it is
desirable to encourage the introduction.
no matter whether it be discriminatory
| invested or not The formation and
flotation of mining companies based on
speculative principles only is to be dis
| couraged The floating of hundreds
of thousands of shares of stock through
community is apt to lead to evils of
which we have had experience in Cali
| fornia. If they represent legitimate
mining operations. well and good, but
designing persons are not always par
ticular as to the property on which
their companies are based. Money in
vested in opening or equipping mines
does good to the whole country, but
put in only as a basis for stock job
bling or promoting purposes, it's intro
duction is to be deplored. 1t does
great deal of harm to induce men to
invest in properties Of no merit.
| COPPER CLAIMS.
Amador Dispatch: Many copper
claims and partly developed copper
mines are being bonded or sold along
the copper belts from Plumas south to
MADEIRA and Fresno Counties, and pros
pecting for copper is very active as
consequence of the copper boom and the
l. ,<,I, tiaS
of the latest to be sold is the Cross
mine in MADEIRA County, which has
been bought by New York men for
1925 900. This mine has been worked
| in small way for years. The Cam
DO Seco mines in Calaveras County
are among those in which active work
| is being resumed, as well as the mine
belonging to Colonel Ranlett at New
tonville between here and lone.
| MANY ITEMS.
| Mountain Democrat: At the Bould-
er mine everything is activity. Near
| ly a dozen men were sent from this
city during the week to accept posi-
lions there.
| Colonel Jackson took a steam pump
over to the Darling mine Sunday. The
English company which he represents
purpose putting the shaft down 300 feet
further. SOY
According to the judgment of we'll
known mining man there are in the
neighborhood Of 1 200 miners employed
in FL Dorado County at the present
time.
| Active work was commenced at the
Blue Gouge during the week. E. Bind,
who represents the new Boston COM
pany, was down during the week and
Informed us that operations are to be
pushed as expeditiously as possible.
Among the many improvements al
ready under way are new boarding
house, office and blacksmith shop, and
other buildings will follow as necessity
requires Stopping and drifting are
being prosecuted under ground.
The demand for copper properties
throughout the country has stimulated
the owners Of old properties to either
dispose or start up, and we are glad to
know that the copper complaint has
reached Ell Dorado During the past
week the Costumes Copper mine, near
| F,airplay, the property of John Thei-
| sen, was sold to San Francisco COM
pany, and we have it from a reliable
source that active work is to be re-
sumed. This property has lain idle for
thirty -four years, and at one time was
equipped with smelter and facilities for
| the treatment Of copper.
| Sonora Democrat: At the MaZeppa
MINE which adjoins the Jumper on
| the south, work is going on at lively
rate and the property is showing up
| in grand STYLE in fact rdvaling the
showing made by its famous neighbor
at the same depth, while the formation
| is identically the same. The main
shaft has recently reached a depth
of over 260 feet and the machine drill
ing is being kept up night and day, the
progress of sinking being at the rate
of from seven to twenty inches each
twenty-four hours. When the shaft
has passed the 800 mark sufficiently
for stump room a station will be put
in at that point the vein prosecuted
and drifting on it prosecuted both
ways Machine drilling is being done
both ways at the 200 level. at which
point the ore is very rich, with a trend
toward the south Work in the south
drift at the 200 level was discontinued
on account of the heavy ore values
encountered the bins being already
full and the company got desiring to
risk such high-grade rock, much of it
being of the candlebox kind, indiscrim-
inately on an exposed dump. In the
various workings the vein matter
ranges in width from twelve to twenty
three feet, all of which will mill well.
The mine Is to be equipped with
twenty stamp mill, work ON which will
be commenced between the middle of
July and the first of August, and the
Mia Mt completed during September BY