The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-01-16
NEW COPPER PROPERTIES.
MILLIONS SUBSCRTBED FOR MTCHT-
GAN MINING STOCK
California cold Product Tor 1898 show m In.


uor,yrov N,,o, Ion - r,o ,troo rov
hou"nroN. M'ch' jan. Enc thr'o no"
tion are the WynnGottc, Pawnee and Baltic
Junior. The wyandot,c is in process Of or
Ganizntion in Boston md Is to have lo0.0N
thew von Ordcn ~ Houcbt,r ,ho nromntor
mas ordered his agents hero to stop taking sub
scriptions. as the entire capitalization has
been ovrrsuhscrIbed in the lake district alone,
stock in New York and Boston. to give stabill.
ty to the stock issue. Tho lake rcoilo have
" nnn' o, gong INTO new milcN hel'ilN ana
ing. out the second time to buy in, the third,
as is evidenced in the case Of the Baltic. ar
Wyandotte has 1.4SO acfcs adjoining the WI
mona nndshas. copper for the entire distance
"e The r Pnw vTn%s' Is tut NE " CID 'h''f D eiT a e", Trorerty
and is being placed at $40 a share. The area
imrrovements and machinery cost fully $780,
600. and can be made serviceable at q compar-
and fitted with modern stamps and yanning
subscribed by lake peopis. The Baltic Jun
ior comprises an 8OO-acre tract lying west and
south OF the Baltic, and is on land owned by
the Sault Ste. Marie's. Canal Mineral Land
company, III Ia De1nR nOnfn1 DV Af, III. IL,
Goodell Of Houghton, who is now in Boston.
A property to be called the Onondaga is also
booked for the market In the immediate future.
The Oneca Mining Company. as surmised,
has the old Hungarian or Torch Lake mine.
lying between, Lake Linden and Calumet. and
is being handled by W. F. Fitzgerald Of Bos-
ton, who has heretofore confined his opera
lions to Keweenaw county. where the Arnold.
Ash Bed and Humboldt have been placed on
the market by him. The Arnold seems to
have been arrested in It's downward course
BY the assessment Of So per share. PAYABLE on
T. "
joining properties can be secured. the Ar
mold will probably earn fair profits for It's
s share 20 orsns The "A Ash nn Bed snd lode nsy on g ghs ht the
rich In copper, but with Atlantic paving divi-
dends on rock running az low as 51-1OO of
/ per cent. the Arnold ought to be made to
pay on / per cent. rock.
The Michigan, which was almost seven
agement Of John Stanton, Nv "N
Gait. Richard Trezona OF Ironwood.has been
appointed mining captain Of the Mass mines.
with iron mining on the GOgebic range. Capt.
TrezOna was for manv years connected with
coppcr mines. Active operations will he
frst begun on the Ridge ana Mass mines. the
mIESe c nemp y pr4 tbe cn ~ a. ne HESS 9ia
very neeriv NM fnat IN danth bnva hhaen nmrI7
on sonn ~ hasa minas AMI thew Viii he - n,oN
tered at once;
hr r mi S Shtons :. ~ m "a Vi farn IT ie u a n,ip"S ~
the sea6oard' The Calumet:and HecIn is sold
and conner ia rnsbed from tbs Local smaiters.
a I'm sttp assso ~ ' as tha i 20 ti have eva, rno 1imdel'eIl rs
aii.raii shipments have been made during win
Ter Fre, nyy laKe mines s since the failure q IN, NE
season' N' vi" s'"' "A' "'"' "''
ceeded IN ]natting lie t}flc an %anorn The
property was bought of the old Isle Royaie
C 61snsns so about f. forty rrn,r yes srsi 4g 12se but w the p ,he
reWivnl ~ i1 StaG in i, rnnn 49, n,iniinG ths ~ ne
holders recoiIected that they ought to own 100
hemseiveS 70 sunh efra"t tbnt n Ice has Neon t
secured and recorded ana IN extension Of the
life rS q the s,s Sor nor; e.. 4 I'LL air. 5Si Essn secured,
viI =" strnyn NJ = Il ~ rrui ~ re the ci ,nn,n itriu ~
connerting Houghton With Chicago, Tmcfr"it',
here The HnI9htnn once 81 ihnn Western
Union Telegraph Company now does the thirI
tba h5s hmsleei IS IN sta sme Stn incr %. M sina nrd nnI
g ~ rom Hnng6ton for nnrnbnses ann LIE
Of conner shares on the boston Fyrhanre
he daily nysrnge volume Of trnnsactiGns On On
The R"ston board for Houpbton "mstN,ners ms ms
Ir"DmDiy avermGet very nearly s'oo'ooo Tor
'"' '"' WV INN
cALlFoRNIA'
Los ANGELES. Jan. THE Superintendent
OF the United States Branch Mint at San Fran
cisco has completed his report Tor the last
gold product for lSt9 at $~l4.8sO.OW and the
mines. tie better yield Of some old ones. and
he increased product from the southern conn-
ties slightly more than made un for the falling
of due to drought in the northern counties.
The aggregate returns from this mint. Selby's
and the Carson Mint show a monthly increase
overthe previous year OF ! .l46.standard ounces
in gold. instead Of an expected decrease. The
The California Debris Commission has un-
der confederation a project to divert the entire
flow of the Yuba River at some point at or near
he edge of the foothills Just below Smartsvilie.
Yuba county. The diverted stream. with it's
burden Of sediment, would he carried away in
a ditch 200 feet wide and OF su f1icient depth 10
give the required capacity. The preliminary
surveys for this project have been made. but
report on it will be made h. the commIs-
sion until its next meeting in June. Its sue
cessful execution would permit the resump-
ton of hydraulic mining along the Yuba and
its tributaries to its old-time extent, make nos
sibie the reclamation for farming purposes
OF many thousands Of acres Of bottom lands
now covered with slickens ana thicEets.
ami would do away with the necessity of rails.
ing and maintaining levees along the Yuhn
River. Tie scheme would necessitate the out.
,ay Of nearly 81 900,
" The Kennedy miTe, in Amador county. is A
striking instance Of successful deep-Guartz
gnli mining in This state Many wears apn II
was sunk and worked on low.grade ore t. the
depth Of GOO feet, and then shut down. because,
with the methods then used, such ore did NOT