The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-09-19
from the Denver owners to close down
on the 10Th. This will not be done now.

|
The Lamartine mine, near Idaho
| springs, Colo, is employing about 100
| miners in development work, for this
is about all that is going on at pres
| ent. The ore bodies on the west side
are being drifted into and the ore shoot
mas been found to continue from the
| surface down to a depth of 1000 feet.
| How much below this depth the ore
body continues has not yet been deter
| mined. All of the levels are being push
| ed into the rich ore shoots and at the
| same time the tunnel is being continued
| to the west. 1t is now nearly $500 feet
| beyond the shaft and there is no IN
! tention of having the work discontin-
| ued. The Lamartine had production
| of over $4,000. 900 from an ore shoot cut
near the shaft.
The RAYMOND mine. at Tintic, Utah.
has about completed it's new hoist and
has SUFFICIENT power capacity to go
down 1000 or 1900 feet. An air COM
pressor capable of running five or six
to run within few days. The Ray
mond Is generally regarded as one CT
Tintic's most promising prospects. 1t is
in good company, adjoining the Bullion
Beck and the Gemni on the north and
the general opinions is that it will take
its place in the ranks of the producers
ere long.
The Baker City Republican reports
that the Banzette mine has been incor-
porated and is now in marketable con-
dition. The Banzette is a rich mine
near the Bonanza, sold a few days ago
by John M. Burke Of Spokane to south
ern capitalists. The ore from this mine
is already making big showing, and
they are pushing development work as
rapidly as possible. There is no doubt
but that 1. will be one of the greatest
producers in the Red Boy-Bonanza dis
trict.
A fine strike of gray copper ore is re-
ported in the Valeo mine at Park City,
Utah. The new tunnel at the mine is
being driven as fast as machine drills
and three sets of men can accomplish it.
1t looks as though the management was
now satisfied that the mine is big one.
The new North Humbug company at
Tintie has two shafts on it's property
One shaft is down about 100 feet in lime
and the other is 70 feet down to the con-
tact vein. The company is arranging
to receive sufficient power from the Tell
uride Electric company to sink to the
depths. The mine is located between
the Humbug, May Day and Lilly, and
it's future seems very bright. OF the
Lilly. Mr.. Wilson says that considera-
BILE lead ore is being taken out and
shipments are being made regularly.
All the coal and iron mines of the
Colorado Fuel and Iron company are
running at their full capacity, and the
shipments are so extensive that the
railway companies have to exert them
selves to furnish all the cars required.
The report for this years work will
show that the earnings of the company,
including its steel plant and rolling
mills at Pueblo, will eclipse all prior
years. The fixed charges for the year
ending June 80 were $440, 000 and the
earnings $l,100,000 this being an in
crease of go per cent over the year 1898.
This year has been a record breaker
in the mining development of Nevada,
says the Silver State, but it is nothing
in comparison with what is promised
for next year. Mines which are being
put into condition to be worked next
season will be furnishing their part of
the stream of gold which Nevada prop
critics are giving to the worlds supply
Other properties will be brought to the
fore which are scarcely heard of now
Nevada is just beginning to realize the
prosperity that will come with even a
partial development of her mineral
wealth.
Assays of ore from the Tetro tunnel.
Utah, are reported to show large values,
upon the strength of which the price
of stock advanced rapidly. The striking
of ore in the Tetro would mean to Eu-
reka on increase of hundreds of thou
sands of dollars in the way of imme-
date development of the virgin ground,
lying between that ground and the
great Mammoth mine on the other side
of the mountain.
The largest shipper of mill and smelt-
ing ores in Gilpin county, Col. at the
present time. is the Kansas Burrough
company on Quartz hill, which is owned
largely by Denver operators and man
aged by Patrick Mccain. During the
month of August the shipments oyer
the Gilpin Tramway company from the
Pease-Kansas and Phoenix
mines were 1887 cars Of ore. or los
tons. These figures give daily ave-
rage of 1872 tons, nearly one-fifth of
which was smelling ore. This produc-
ton was one of the largest made since
the company commenced business, and
the prospects are that it will be greatly