The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-12-04

q this process each carload Of ore Melted
hs about besddps pei the sss
Ing claims III Of equal richness Thsy sfs no.
Is much more In the mine than the price they
| are to get.
WASHINGTON.
TIE iSyts nina TCss rssa s.S
snow. The camp. however, g wen proyIsi9ned
soySSs . as s ' al has, BEEN BEEN
| the lower grade ore. OF which there ia a ledge
averaging 1wenty-n feet wide. sssaying $40
fifteen are engaged en- Ia c"mTietins tho mill Mil.
which will be ready to drop stamps in the
In index district great deal OF development
| work Is under way on fifteen or twenty proper
ties that are nearing the point o. production.
under systematic development. the main tun.
mel now being in about eight hundred feet,wth
II is reported that the mines Of Monte Cri.to
district have been purchased by the Haber
properly viii have new outlet by way Of
| TroubI some district where this syndicate Is at
present developing large group OF promising
BRITISH COLUMBIA.
| SEATTLE. Wash. Nov. 27.--Latest estimates
! Of the output Of gold dust IN Cariboo district
ployed on the Quesnclle in this dls,rlc ha,e
cconttihuted very materially, and It " said that
dis,rpst when frst introSneeS in Br'tish w" e..
T%entyeSSs Or thirty q ihs@ will bse placed O In
! The output OF the Rossiand mines for the
past week was $500 tons, ana for tho year to
In, Eas, Koo'enaI the. swansea mine has
| 1000 sacks OF ore ready to rawhide down the
| mountain to the steamer land NC. This IL tho
only method OF shipping orc from this property.
rntnplpN
CoLoR,po SPRINGS. Nov 2s.-Ths Grip
pie Creek, pnSlic gold mining companies have
paid to date sn.53l, 1927 IL dividends, or
.Gs Sg% s 50 Il III. T sg sdl si q to iis ss
gT55y i SSS f:fiS 4 $50, S%5sS
June iGS s2O July s 1Hs. Ans9ss s25S:
The Stratton- In dependence dividend OF
! si4S.Ooo was paid IN September. Tn ec-
sum may be expected during December for
! the net earnings have exceeded this sum dur
;ss dv.ns s TN
! last one paid was 300. In September Now
hS has 5000 n S9ns Stsaes
last week This was the, richest ore, ever
instead viii distribute the dividends through
! out the year. perhaps adopting hve-cent quar-
The, total dividends for 1899 will be close to
DENvEy. Nov. 2s.--A mber Of the old min.
ing Districts OF Boul er county that wore prac:
tca;ly deal tor years have been doing good
ttnvs as many men ar working in the mines
now than were employed three years ago.
N-whouse tunnel at Idaho Springs. From the
natur,. VI tn ore II ia believed TO be the Tr"ric
mine are 800 feet atove the strike ma. IN
the tunnel THIS tunnel enteIrrse has been
mountain from Idaho springs toward tho
mines Of Gtlpln county. its Lnrp4Ss es.ng to
VI lessee e o Oh the PiHnacis on i il Hill cr'rr~
CrceS district. have struck real bonanZ' uts.
sini ar to the rich pocket 'ound not 'u.G ago In
tn" Isabella. This. r"markanly ricn ore cN,ers
the entire breast OF tn tunnel aud rromiS $
more ore In ght 'han the lesse-s can rrin,ye
during tn" Ill Of their lease. Tn" i.ltl" 10,
and Kalnmazon claims. covering n.t"en ac IS
Al Alert IT Cold Mining COMPANY, 80 -'''' ~ ''
! uIAH
! SALT LAKE, Nov. PA rich strike ~ copper
has been m ado IN the Grand Ouch mine. near
81 Georse. southern Utah; A s six,'9St ie;:gs
down, goinR 0S per cent copper;
oSG L DGn3Tm o. b's tiM has bought The
N ~ r rsr Of the co I Ksnsa. GtY
smelting and Refining L,mTnny during the
The week in The ore anil hullion marke.
closed with settlements amounting to S2IO,-
The Day-west Mining Comrn1y, rars CITY.
paid out $4,000 in dividends on Monday.
uIssouRt.K,xsAs.
JOPLIN. Mo-. Nov. 26.-Thc situation In the
Missouri Kansas mining district IL 81 unset
account OF the rece;.t big cuts In znrcrr prices
but the ore market I. Steadirr than for several
weeks. Tho top price paid for zinc orr was
$40. the same as in tho PRECEDING weel. but
buyer, were moro active AMI N" indications
The irop Of high grade zine ore from s+a a
ton TO S32 has aroused the mine owners to ac-
6uiiiii extensive linc smeIters and zhe rolling
mills to handle the product OF their m mes and
D Sf9GSls WI pFoSsS Gs
sS sss sSs sn Of eG n esf 81
a"a G; s iss ws. ?. fSa
the cad ore produced was bought by local lead
Foreign smelter com panic. have representa-
tIye- in the zinc district studying the situation
with the view OF buying ore for expectation.
THE LAKE REGION IRON MINES.
DULUTH, MINI, Dec: Iron ore shipments
few scattering Garages and Tor the December
mSysmsgs from the Min3ssO,s Iron c91%npany1'
reach l7500.0Vo gross tons, which Is to bs
;o%Esrsd with 1850 600 tons last yesE and and
min ne comranles are entering. The winter de-
termiped that next years business shall ex.
|
sS TS,s9E sAfR
stock piles at the close Of navigation on all FIVE
ranges. hut by the opening Of navigation ncyt
April there will be twelve times as much.
Nearly 100000 tons OF ore will be- mined and
hoIsted 70 surface every day during the winter,
Prices for next year have been put at IS so
for the standard bessemer- ore. which is q
grade running 83 iron. .0+j phosphorus and
less than 10 moisture, A year ago the stand
ari for this orc was $2.95. Nom bessemer ores
have no standard Of price. but they have been
sold In millions OF tons the past week at iiSqres
80 TO so per cent above what was paid last
year, or about tho Same advance rs the bes-
semers will bring. II is likely that within u
week after sales begin the entire output OF tho
year will have been disposed Of the total rams
actions amounting to not far from $4,000. 900.
In previous Years the ores Of the Mesnha
range have been Disseminated aga INST to the
extent Of 30 TO 10 cents u ton. which meant a
great deal when prices were 80 low. Buyers
were able TO make what prices they wanted
and the Mesaba miners had TO take them But
now the situation il TO he different and the
ores. OF tho same chelpical constituents
are bringing s5a ~ d mhssa6S pesssemSrs
nand for all the range can produce. Last year