El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-09-06
Mines and
Mining.

W pdyST.
L. w. Brophy is reported to have dis
covered vansdium close to Globe. This
rare mineral is valued at $40, $50 6
pound.
The leading mines of the Rosslsnd
B. c., district are turning out nearly
5000 tons of high grade sm citing ore
per week.-EX.
At the mines of the United Verde
Junior development work is being
pushed rapidly under Superintendent,
j. S. Wallace.-Jeurnal News.
The gold yield of Queensland, Aus
tralia, for the six months ended June
80 was 451, 500 ounces, as compared
with 427 900 ounces in the correspond
ing period Of 189S.-Ex.
1t is probable that sm elter will soon
be located at the Apache group of
are now being made with that end in
view.-Arizona Republican.
The Mexican Lead company, with an
authorized capital of $1,000, 600, has
been incorporated at Trenton, N. j.,
to operate lead and other mines in the
repub lsc of Mexico. The capital stock
is made up of 81, $50, 600 preferred ana
IS, 700. 900 common.-Two Repub lics.
Under the name of the Manganese
Gre Mining and Metallurgical company
of Poti-Tsc hiatury, company has
been formed at ST. Petersburg, with a
capital of 5000, 900 roubles, for work.
| ing the manganese beds in the govern
| ment of Kutals.-London Mining Jour-
nal.
The Wedge mine, Randsburg, CAL,
had another milling of ore on August
%, which gave even better returns
th an the one made in the early part of
the mouth, Al tons of ore giving over
This, with the previous milling, makes
nearly $4,000 for last month (August.)-
Elk.
A Vancouver, B. C.. dispatch says:
Late Dawson arrivals say there as
big clean up August 13 on claim No. 2
above, on Bonau Ia. which is owned by
an English syndicate. The clean up
yielded $50, 900 in six days, beating the
previous best record for q weeks work.
A twenty-eight ounce nugget was
found, worth nearly $3.50.
A deal has been consummated 10
Los Angeles the past week by which
the Anthony group of mines, in the
Panamint country, will pass into the
purpose of the latter to be gin active
work at Fonce on the property. 1t ia
said that the price Mr.. Anthony receiv-
ed for the claims Is cas-, OOO.-Denver
Mining Review.
tThe Boston Girl group of mines. &C.
quired for the Pride of Arizona Copper
copper Creek are about i0t sWensv mies
from Mayer. These mines are all in
good ore and show large. we'll defined
bodies. There are four mines in the
group, ard work will be continued upon
them all. The mineral is heavy
black oxide at the surface, with side
streak of cabonates. There are shafts
and tunnels on each mine. "-Journal
Miner.
Notwithstanding the very positive
statements sent out from Dead wood, S.
D., it seems that Mrs. Hearst has not
disposed OF the Hearst estate interests
in the Homestake mine. Mrs. Hearst
is credited with saying: 81 have never
bad the slightest intention of selling
my interest or any portion thereof. 1t
is valuable property and 1 have no de-
sire to dispose of it. That is one piece
OF property tn at [ positively would not
dispose of, and besides, it has been
quoted at one-half its actual value"
1t is believed in San Francisco that the |
object of the dispatch was to affect the |
value of the stock of the mine. The |
matter will be thoroughly Investigate
ed.
Now that the strike in Colorado is |
over the smelters sare fairly bursting |
their boilers with business. The Den
yer Mining Reporter speaks of the |
effect produced on the stock market, |
saying: "As q result Of resuming work |
in the shelters the mining stock mar
ket of Cripple Creek is enjoying the
greatest activity. The more popular
stocks change hands in immense
blocks, oftentimes 100, 900 shares being
sold during call. This activity is
the tremendous production
from the mines and not any advertis-
ing or manipulation of mining shares:
In fact, most of the buying is local,
which is the greatest endorsement
any camp can have.'
The chances are that the following
beats all records: "Billy Bohne and
SEQ. Klemp were offered $40, 900 for a
,wenty-days' lease on their Mint mine.
The offer was refused" This
paragraph is from the Mineral
Wealth, published at Kingmsp, Ariz.,
Ind has reference to the Mint mine,
owned by the two parties mentioned.
n which very rich strike of silver
Ind gold was lately made. an account
If which was published in this paper
III mug uoG L, buc hS"S VI IL udNlDB 4
,een communicated to us by Mr.. A. NJ
IacDuffee of Chloride, Ariz. The
trike, to which reference is made,
vas in the 500-foot tunnel in which
2 to 18-inch vein of ore was opened
10 that goes from to ounces in gold
md 1900 ounces silver to the ton. With
UGH values aud such vein it is not
ifficult to understand that the owners .
efused $50, 900 for 20-days' lease of :
t.
Gnnn THTNG