The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-05-06
MINING NEWS.

Two gold nuggets weighing about a pound
each were recently taken from a bal rowlcad OF
gravel on the Van Ness placer. Trinity county,
This bond on the Esperanza mines. state OF
Teluca. Mexico. has been defaulted By an Eng
fish COM any after paving a forfeit OF SOD
SS44G.0oo.0U0. and alter full consideration the
EngIishmen decided that it could not be made
Prospectors have struck a four;foot vein OF
rich sulphate and free-Rold ore in the inyo
3.1p san E. traced nsse ! 945 teee On the surface ria and
assays Of the groupings are said to have shown
AT no time in the history OF Arizona Gays
the Tucson Star. has there been So many
applications for surveys, OF mines and Tor min.
the APPLICATIONS are increasing right along"
The favorite district at. present seems TO be
the Clifton. where New York and Boston com
NAMES are developing several valuable copper
Salt Lake adyices state that, a four.foot vein
has been exposed in the Eagle at Mercur. The
ore assays as high as 26O ounces silver and 80
Per sr. cent ns 6 so MSn;s o Tne GGiseh Is p Sssi; Gns at at
the rate OF 700 tons per day: The Captain de;
MES the report that. he intends to DISPOSE OF
his Utah and Nevada properties to English
Eastern capitalists have secured an option
on the Big Four claims near Walsenpu[g fGl.
tie Bear group. The Silver Dollar and Gold
Auction have put on extra forces Of men and
are getting into shane for large shipments,
Leadville reports that the important gold
belt properties have resumed operations.
one hundrsd mon ar haE Yed been cen % put tt to sw w9T6 s5
on the hex. which will run Its shipments.up to
go 3S0 ton, toms S 1sT S.v I and F he f bolPS g. Is viii tHFn Inere SSs
to LOTIONS daily. Al the season advances new
shippers will come &c, The front.
ton Syndicate yesterday that 1853 aasays from
an average OF $50 In gold and silver. Previous
average assays, from the same workings
The big Independence deal In London has
sent other English capitalists to Cripple Creek
for inye,tments. Renorts on the Elkton. FL
P p1is3os Gq }Se k JoSn ah &. t I9e sn'' A Ann TE9nr' E soT,
| and Brooklyn. have already been sent ncross
| the Atlantic. and smaller mines are under ox-
EfIIkton. which is opened to 500 feet and is one
Of the bonanzas OF the district. is S2,OOO.OO0.
The Bull Hill group will probably ,feoh $1,000
and has si.OOO,OOO OF ore blocked out. is held
In writing to a Western mine owner. who In
let. a welT.known pronoter said, yesterday:
Copper properties are In demand. OF course
but not old. played-out claims that were aban-
from musty files. burnish them up n little and
represent them as instruments relating to
fresh going concerns; Some do not even take
the trouble to copy the paners, but send them
in as they come from the files. Grimy and
frayed at the edges from the rayages of time.
Thew try to make the unsuspicious promoter
as a rule. are reports Of tho near past. but
when he comes to investigate he finds the
workings cavsd in and the mine one Of the
myths that even the neiGhbors in the district
have forgotten. You ueople should under
stand that we don't want that kind OF prom
erty' here. as i only horcs the promoter. irri-
tateR the capitalist and casts discredit upon
the legitimate mining interests OF the coun-
try"