The record-union. [volume] (Sacramento, Calif.) 1891-1903, 1899-07-17
Pacific Coast
Mining News.

Mining news.
The following concerning mines and
mining in Pacific Coast States will be
found of general interest:
COW CREEK MINES.
Redding Searchlight: A. J. Cook, own
e1 OF the Cortez and several other good
claims in the North Cow Creek district,
aIter business visit in Redding OF
several days returned on Tuesday TO
MS camp. Mr.. Cook and his nephews,
A. }. Cook, Jr., and H. Cook, own three
copper claims on the Old Backbone be-
tween Cow Creek and Pitt River. There
Is possibility that the North Cow
Creek section will soon resume active
operations. The Enright estate {of San
JOSEF which owns the Peck and After
thought copper mines has been sub
uniting the property to the inspection
OF experts with a view of disposinS Oh
the mines and the smelter to COM
blnation of capital. North Cow Creek
district is capable of extensive produc-
ton, and awaits only the substitution
Of active capital for idle ownership
OUR OIL WEALTH.
Oakland Tribune: Comparatively few
people are aware of the fact that as
result of the many remarkable OH
strikes that have been made in Centrai
California during the past two years.
and more particularly dring the last
few months, the State has become one
of the factors in the oil trade OF the
world The experimental stage mas
been passed and the future is so Wen
assured that agents of the Standard OH
Company are now busy in the various
oil-producing districts, endeavorlng 10
tie up as much of the output as pos
sible and thus prevent any very serious
competition in the business.
Scientists say that the results OBJ
tanned by the well-borers in California
show that mighty river of oil flows
beneath the Coast Range and the i'm
mediately adjacent country, their opin-
ions being based uon the fact that at
whatever points in the belt the oil is
tapped, it bubbles to the surface with a
yeritable artesian flow. Fresno Coun-
ty has so far yielded the best 'gush-
ers,' but the more recent discoveries
in Kern and King Counties show that
it is merely a matter of develoment
before similar results are obtained from
the contiguous locations.
@Oil discoveries in California are of
course nothing new, for the Hueneme
district has for about a quarter of a
century thriven upon the industry
while further up the coast, in Ventura
and Santa Barbara Counties, many
have from time to timestrikesarpeth
strikes have from time to time been
raade. Los Angeles for awhile enjoyed
a little additional boom, too, in that re-
gard, though it soon become evident
that only a spur of the main flow had
been touched The wells of Central
California, however, present conditions
far different to those of other strikes
in the State, and it can be considered
an established fact that California has
added to her list of treasures one of an
Importance that may perhaps prove
second only to that of her gold 1ields
A COPPER SALE.
San Diego Union: 1t was learned yes
terday from Captain w. M. Freeman
of this city, that engotiations for the
sale of four copper mines in Lower
California for a half million dollars
to Martin, White & Co., of London
England, have bee ngoing on for some
time past and that the deal is expected
to be consummated within few days
The mines in question are the San Fer
nando, Peabody, Moromosa and Butler
the first named belonging to Genera
E. C. Humphreys and MIR. Brophy, the
latter of Arizona, and the other three
ito Captain w. NJ. Freeman. -
A. H. Butler and NJ. Stanley Tweedie
CT the California and Oriental steam.
ship line are negotiating for the Free
man mines, according to the owner
and after obtaining possession will sci
to the London syndicate. Captain
Freeman claims to have already re-
ceived a check for 5000 from Mr.
Fuller to bind the sale of n sixteenth:
interest in the Peabody mine for $25,
600, and the papers will probably be
from the north. Negotiations for the
sale of the Meromosa and Butler mine:
TO Messrs Butler and Twee1ie for $50,
600 each are now pending.
Captain Freeman confirmed tht
above facts to a Union" reporter las
night. Yes, it is true" he said, "tha1
Mr. Butler has sent me a CHECK fol
$1,000 to bind the sale of the Peabody
mine. The stipulated price is $50, Q0l-
$4,000 down and $4,000 in six month:
and a year. / am to retain a four
tenths interest in the property if / sci
at that price, but they have Offered
me an additional $4,000 for the four
tenths and it is probable that I viii
sell them three tenths and retain only
one-tenth. In any event 1 will keer
one-tenth of the mine. The sale of th'
Moromosa and Butler mines is not 81
far advanced, although negotiations fol
their purchase by Butler and Tweedi'
are now being carried on.
II have been told that these mel
have received assurances that Martin
White & Co., of London, will purchas'
the properties from them at a hgur
get for them. but I agreed TO sell ,'
considerably in advance of what I VII
Butler and I will not back out OF thu
bargain now 1 sold the San Fernando
copper mine, $50 miles south of thi.
city, about year ago for 1925 900, bu
] am yet to receive the greater part o
that money. Martin, White & Co. ar,
also negotiating for the purchase o
lHiS Hiiie anu nave receives
PLACER AND QUARTZ.
Yreka Journal: W. A. Bantz of thu
Cape mine on Greenhorn, has been il
town the past week, and lately pur
chased some nineteen claims on Nc
Kinney Creek, disposing of two-third
to a Boston company, retaining thirt
interest for himself. Mr.. Bantz is
relative of the late Tom Bantz, VIII,
was District Attorney, Justice and law
yer in Yreka for many years.
The Canadian company now ownin.