The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-17
ore II hauled to Buena yista. vhere n nav
smelter treats the shipments.

HSs%ekEe, nf Sas b. stam lo,5 nil situated a. Black
York city investors Who control Ta the Gold
Oldest Id IN the State and in its many years Of
SIO.ooO.OOO. During tho past two years IL has
tp%oen opcrated bv n company under lease. but
haying failed to make the venture profitable.
dor n o nietoria mine, near Summerville. Boul-
aur s~l!o,OOu. The property has three shafts
and a record q $ l.0OO,000 production,
meeting l on hpril ny nn company on at Its ann vel
IN - yer cent. ,twen'y-year bonds In order to
retire overdue first. mortgage bonds and to pro-
fu = t,ihd tr additional trackaRe and roll
The Nelson tunnel at Crsede. which has
reach at Great'depth!the former valuable mines
W 1nG Sa@ oi The has sba neSrly d reached The Lower
several years ago, but the Nelson tunnel will
Drain the property and then the high grade
ORES remaining In that property will become
some CLEVELAND people recently took hold of
Witch e Rric TUCSON $50, mine at ,1ano STRINGS
ago. The new management began exploring
IN a new direction and this week they opened
anhe streak OF mineral. and %from.this they took
Out a snck OF ore which shows the astonishing
ASSN ASS value Of $1,000 per ton. A further ex;;
loWW-grado ore adjoining the new streak.
w: :. Stratton has sold his Independence
This is the mine that made the Cripple Creek
district famous throughout the world. 1t was
sITsaa1 mines S 81 ths sy So Ssk''f Il IS IS E inSo SRf to q have ave
has depth 9, 800 feet, with drifts agRregating
6 6SST h tbe m aits isvs 40 ore has been taken out
a total pre- prod diya t Of 81. o6 Su .616 een b ssf raaIiz.d ma a.
twelve months by forcing the uutput. The
only reason assigned for the. sale is that STRAIT
ton wants to live in England.
IDAHO.
IDAHO CRY. April l1.-Capt. J. II. De Lamar
Is investing, in the Buffalo Hump mines: and
IT Is said that he nov controls some of the
The Trade Dollar Company has secured con-
troll of several more OF the richest mines Of
Most Of the placer mines OF Boise Basin will
T Fl ~ sn SSer is disa pIshId the fr6 next Il. tE Io1 ;We siiis
and n good season is assured.
MIssoURI-KANsAs.
JorIIN, April 15.,,Hinc ore broke all rec
SEds 6 during the week the price advancing to
weeks there had been strong competition
among the smelters in their efforts 70 pur-
fKhase th Sisf fGSles All zinc nr Grs Of 1t. the Missouri
The highest price ever previously paid for zine
ore since its.discovery was 1850 per ton. paid
Considerable New York and New Jersey
sales Of mineral lands and leases aggregated
$4,000. and one New York syndicate is ne
G traats of rich t99 Mineral sHyeraI la pp99sa .ast ., T gopiin and and
eating ABOUT S2.00O.o6o.
the lead and zinc mines Of this district with a
view to deeper mining. So far there has been
feet. but deep drilling shows larger runs OF
zinc ore at depths Of 800 to 900 feet.
I. The LAX REGION.
DULUTH. April II A section three miles
from Ely is under lease to the Mahoning Ore
Company and is now being explored for iron
ore, There are good INDICATIONS there, The
ore ever found in the United States, at Hib-
bling. Mesaba range.
after a long absence. and has a number Of
drills at work exploring for ore. 1t Is safe to
this or any other lake range. and to-day there
Is more exploring under way than for many
years.
docks are beginning, hut there Is no probability
Of vessel arrivals for some weeks. A year ago
the first cargoes left Lake Superior on April
IL. this year they will do we'll to leave n
mouth later: Full schedules OF ore trains will
not be running until May !.
The strikes in lshpeming are over and the
union Is in worse shape than after its famous
defeat four years ago. when It stood out for a
Stock Piles Of ore mined'during the winter in
Minnesota alone now amount to considerably
1 %ore thEE9' hat. 'oh There aeu viii II t@e from rom t 4.56S.o %
to 100000 tons OF ore on the surface when the
frst VeSselS arrive. ms Is as Inucn as the total
shipments of the entire season about ten
years ago.
SOUTH DAKOTA.
DEADwoon, ApTiI l9IXex, week three min.
i diVid SSldsaI Homesta Ike one d s,ts.5oo ON making king
$22O,00O 50 far this year: Highland 100000.
5000. making $i0.0O0 this year. ,Homestake
has rapidly advanced in price during the, past
The price a year ago being about s33. In that
time il has doubled It's dividend payments, in
c~reasing from S3l.25O To- ST., 500 a month;
been made north Of Hill City. where two pros
pectors who had been working for some
depth OF fifty reet into a very rich vein. and on
banning the rock found a value OF about $64
Three discoveries have been made in the
Hills during the past winter and experts con
slider them the most important made for many
feen known to exist in lawrence county. It
was not until the past winter that work was
month there will be five large companies at
work in the Dead wood copper, lodges, and as
tReps dn4isg are the p sammer. . The he He1stcI so far
as explored, extends rpm city Greek; in the
some from Boston. have become interested IN
this copper and are taking bonds. The finds
| Cripple Creek district. are OF more Immediate
importance than those 81 copper rock Snd are
ground in the phonolite district has been
staked out for as far as the rock can be traced.
and much ground Is already bonded. So far
! this belt OF rock is about four times as large as
that OF Cripple Creek, which is furnishing an
output OF millions.
UTAH.
SALT LAKE. April 1O.-The sale OF tho
PhCpnix mine az Bingham for $4,000 was
ratified a few DAYS ago by the company's stock
holders. The buyers are II. p. kooser. Joshua
Mcintosh. George Klenke and S. X. Sheparson.
The report Of the South Swansea at liatic.
company. had handled 5,S3o tons of high
grade silver-lead ore. which sold for S 49,
iG,l so. It paid $+5.OOO in dividends and has
a balance on hand Of S;l3,22O.2I. with which
| the company intends sinking IA new shaft.
REPORTS from Deep Creek are Of a most an
couraginG character. In the Last Chance, at
Fish Springs ore has been found a~sSayinG 200
ounces silver and &c per cent lead to the ton.
while in the Vulcan a new strike shows values
OF go ounces silver and ~ per cent. lead.
The Midas. in the same section, Is also eH;;
tracing hiGh-grade ore. aud will he. equipped
with a mill during the summer. The lack OF
railroad facilities i holding this section, back.
$4,000, has declared n dividend q $1,000.
to ne paid within, the next few days. The
! Grand rnntraI maid S31 900 today. the Silver