The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-07-03

has paid its regular monthly dividend OF S2U.-
The shipments OF ore from Trail district
still keep up to from 5000 TO $500 tons weekly.
The mines in III, district are not 80 greatly
Kootenni. At the present prices Of silver cad
ore every mine in the province could vel al
ford to pay the prices and submit to the re-
uuirements OF this law. obnoxious as they may
deem some portions of It.
The Hope miLe on the Canadian Pacific was
orened this week after being closed for thirty.
live years: and the tunnel for "a distance OF $50
nroosei U to- .l.@d Z over 100 e Where
will nterscct the ledge. cutting u at a depth
o. O feet ron the ,1Htnr3n me le %, f Is
ieet. and fine concentrating ore throughout
the entire width,
Machinery for the hydraulic mines Oh Sivash
Creek has been purchased and will be packed
'yer the trails and nut in place as fast as possi-
eral outfit for the PURPOSE Of getting out tim
ber for the fumes ana dams. large amount
OF money Is being expended on this property.
which will not lie in productive share for at
least three months.
DENVER. June 2S-The smelter managers
have declined TO accept oilers ~ arbitration to
arising over the new eiGht-hour law. The
Eilers smelter. ono OF the properties o, the
American smeltne COMPANY. has rssumsd
there are places to Ill. tho pay Icing OH an
hour schedule slightly in advance Of the price
shift day. The PHILADELPHIA smslter at Pueblo
is in the market Tor ore, 50 that the miners in
the State are working with q little more cour-
age than they had a week ago
Cripple Creek is fortunate III having reduce
ton works in the district freely hurng ore
ana here has been no APPARENT setback i'll the
DEVELOPMENT Of the camp. \ great deal Of new
capita has come into the district during the
kct Of such great mines as tie lndependence.
the Moon Anchor and the Lily has resulted in
trict from England. some itch rikes:hava
Oeen made in the district this snring, The most
impo di5 being in the itlrn n lode Of Tie
l. Aion tomrany. the Lansing Of the Pinnacle
Contrary. and in the Noon Anchor. Isabella.
aud lronclad. There viii certainly he two
more reduction works huIlt in the district this
year to meet the demand from. producing
mines. as the tonnage row is heavier than the
reduction works at present in operation can
promptly handle.
4 recent shipment OF forty tons from tho
new, strike on the Burns. consisted Of two
grades Of ore one worth 500 per ton aud tho
n deuth of 5O7 feet and is three feet wide.
AT Idaho Springs the mines and mills are
all at work and there is no difficulty over the
Ia Lsadyls o the daily ogtrut has be.n re.
single mine has shut down. The miners are
thirds of the force on the hex property is at
Of ores rum Ing heavy In zinc has become al
Established business in leadvIlle. BY con;
Minnie and the Maid of Erin mines a good com
mercal lead product is obtained. also a concen-
,rate unn a ~ rer He ,h THg has
OF Antwerp Belgium. 1000 tons Of this CON
rT,sntra,e. and II this proves satisfactory the
lead ores. A hall dozen new shafts Of i'm
rortance are being driven in the Ieadve dis
trlrt.
ON the North American Gold Dredging Com.
rany's seven miles Of rich placer ground in
Swan Valley. near brccksnridGe, two monster
are being built. with pipe lines for additional
hydraulic lifting plants.
The Argo. smelter of.this city is receiving a
very.liberaf supply Of COPPER ore from 'iiluin
county. and the copper output "f the state this
year will be greatly increased.
\ consolidation of old UrO:ertics in Central
city has been completed. and the Gunnel
Gold Mining and Milling Company has been in
York and New England CAPITALISTS. The prop
er'y embraced in this consolidation covers
on Gunnsll No. . AMI loo feet each on the
Marine. the Wheeler and tho Grand Army
Star ri" tho meade and the Fullerton mill with han an
aggregate capacity of l2O tons daily. 1t will
require -four. months to remove the water,
ID shape for active production. Ths consoli.
dated rroperties have produced in the past
s5.oOo.OOo in gold. and there are large bodies
The Bucksve mill at Magnolia. Boulder
county. costing 100000. has been destroyed
now conner district has been found near
Mccoy. on Grande River. in northwest Colo
is now turning out thirty tons OF ore daily
An expert from Cleveland. O.. recently eN-
@m9 eer 'Hs 9
Of no value. \ clai m in the new camp on
Sierra Blanca has been sold in Denver f2r
5000. The old Ste Hart mine in NldeGwake
district Gilpln county. abandoned In 1873, is
being cleaned out, the ore so far found being
To- work on plucers in Tennessee Park Taylor
Park at INDEPENDENCE. and in California Gulch
and are making good wages; Samples Of COP.
II a
Greek. Aspen district. assay - ounces silver
and 40 per cent. COPPER
vein 81 white quart carrying free gold at Il
point zoe feet distant from where it was dis
stsoting continuous Vein 1000 feet long. as
saws from which run As high as SIJ,OOO in
0f Io ,%n The S ysp eighteen inches wide
The operators Of the keystone placer. in
San Miauel county, have reached bedrock At
vNtor with capacity OF 100 cubic yards
daily Tho company now has gold deposit
40 1eet deep. 800 feet wide and miles in
The Tom Boy mine at, Telluride is working
300 men in the mine and mill ami has an out
capacitv'for its concentrates sufficient to last
seven or eight months. while the gold saved
from the plates is snlticisnt. topay all EXPENSES
CoIoSHHo SrRrSGs. July o--Tho total divi-
"% OF FnS GFeeE he s monns OF
$2'0a@53, Sl23i,250,, Sal $50 sl3j; ?53: total
dropr.d from $l33,O0o, the largest thus lar
raid by any Cripple Creek company. to $50.
600. :. It wa; paid in June. Next month the
and Cripple Creek will pay Sl5OOOO dv-
dend. Thus far the Portland, which pays
$4,000 monthly. leads with about 50 10
600 Tie Victor, is a close second. with
strong and isabella following. In all Thirty
public companies pQy dividends.
Tn" total dvidends laid TO date amount to
SSuW'.Ni+.77. of which S2.JHi.l44 ~ was
paid in 1888. Sl.2G2,!~5 in 1877 and the re.
mainder S3W"i. 124.!:I. from 1892 to 1897.
Ample smelter and mill facilities would al
most double the Colorado gold OUTPUT. Mills
are building in various Colorado camps that
will add 80 peI cent. to the capncity There j.
still u good field for capital in this investment.
Experiments with low-grade ore by new pro.
cesses are watched.with interest. Some Of
these processes PROPOSE treatment at : a ton
one, the latest. will treat favorable ores AT 80
cents a ton.
Tho Juno OUTPUT throughout the State Is re-
duced fully 40 per cent. from the Nav record
because OF ore gurfet and the smcltcr en-
Tluyees' strike. Gradually the strike is break
ing. BY July IL. one month after the new
sighthour law went into effect. work may be
generally resumed.
During the wear lust closed the Colorado
I.,.In Hoo. ii