The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-12-28
H0.a0S,ee

The entire Colorado gold product in
1888 was S25.723,S34. The total Cripple
Creek product to date is as follows:
1891. 5000 1892. $500, 900; 1893. &g.4OO.-
900; 1884, $500, 900; 1895. S7,2Oo.OOO; 1895,
100000; 1897, S12,5OOOOO; 1893. $4,000
900; 1899, S26.3Osls2. Total, St9.sOs,1s2.
The deepest mine In Cripple Creek Is
the John A. Logan. the private proper
~ Of W. S. Stratton, the locator, and
until last May the sole owner of STRAIT
toms Independence. The mine is 1900
feet deep. a fair average depth Of the
big shippers is scarcely $50 feet. Grip
pie Greek at this shallow depth has
yielded Sso,SOs,1s2. The ore value In
creases with depth. At 700 feet the Isa-
bella encountered ore averaging In car
load lots $1,000 a ton. The tenth level
at 800 feet is now in the vein. The
first shipment, A tons. returned $4,000,
or $3.50, then the richest carlot ever
mined. Two weeks later this was dis
counted by 30 tons which brought $780,
900. or S6.6C7 ton. This last shipment
holds the worlds record.
Twelve months viii materially deepen
the camps mines. The Increase in ore
values will make the 1900 output much
larger than this years. To insure this
the Economic Gold Extraction Com
pany's reduction plant, of 1000 tons
daily capacity. will be in operation all
or part of the year.
The cost of Cripple Creek gold dol
lar can be variously estimated. The
first dollar cost great deal more than
1t was worth. The scales are turning.
Development Will stu further lessep the
cost. Out Of the sssSOS, 1s2 product,
dividends paid to date aggregate SD!
724,o57 60. or this sum s3,7ss,ls2 ~ was
paid In 1899. $2,59s.1A "a In 1898. $780,
os5 50 in 1897 and SsOS6,724 90 prior to
1897.
Many of the Cripple Creek companies
are private and do not report dividends.
Several close corporations do not.
Money added to reserve funds or ex-
pended in permanent improvements is
not counted. Perhaps S2OOOO.OOO of
profits thus expended or not reported
have been realized.
The gold hills Of Cripple Creek. in
their Importance as dividend producers,
are Battle Mountain, Bull, Raven, Gold,
Guyot, Beacon and Tenderfoot hills and
Copper Mountain Poverty Gulch has
paid s9IO 900 in dividends through the
c. o. D. and Gold King mines. The lat
ter is the oldest shipper In the camp. 1t
was staked by Bob Wornack, who dis
covered the camp. When 1t was sixty
feet deep and In $40 ore he bonded 1t
for $1,000. The bond was taken up. The
Cripple Creek Pioneer Association Will
remember wornack on the next ami
versary. 4 gift Of not less than $4,000
will make the event memorable for the
dlscoverer. The Gold King is worth
81 100000. wornack shared his $4,000
with associates. He is to-day poor
man, living in a cabin.
A list Of dividend payers includes: Al
lance. $4,000, total dividends; Anacon-
da, $4,000; Northumberland. Sl9SoOO;
Associated, $4,000; Apple Ellen. $4,000;
Black Diamond. 1851, 900; c. o. D., $780,
900: Creston Leason siG9.543; Elkton,
s72O.nO: FL PasO. $4,000; Enterprise,
"a 900; Gold Coin, $4,000; Golden Cycle,
sis5.OOo; Gold King. 100000; Isabella,
s5l7. 500; Jack Pot, $4,000; Lille, $685.
$50; ModOc, Sl25,OOO MoOn-Anchor. $751;
900; Moose, 3lS3OOO; Mount Rosa. $780,
600: orphan Belle. 3issO24; Pharmacist.
$4,000; Portland, Si,59LOSO; Raven.
$4,000: STATIONS Independence. $780,
900; Strong, Ss55.OOO; Union. $4,000; VIC
tor, Si,l55,OOo; vindlcator, 100000.