Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1899-04-01
Mining items.

IT is reported that the independence
mine at Cripple Greek, Colorado, has
been sold by its owner, w. s. Stratton,
to an English sy Indicate for S6,oo0.0OO.
1t is rumored that gork viii shortly
be commenced to deyeiop some of the
many copper prospects in the vicinity
Of Custer. Among others those situ-
ated ten miles northwest of this place.
The Vigilante mine, with F. w. Bush,
superintendent, and George w. Tinsman
foreman. The machinery for the new
hoist has been all delivered at the mine
and is rapidly being put in place. They
expect to be ready TO resume sinking
the shaft about the middle of the COM
ing week.
The Lizzie mine-quite number Of
the directors and stockholders of the
company are expected to arrive from
LeMars, Iowa, about the 1st of April.
They will visit the mine for the purpose
Of inspection. 1t is the ayowed purpose
of the company to double the present
force, and hasten the development of
this most promising property, upon
which little has been doing since the
last contract was completed.
The prospects for active mining oper-
atIons in the Spokane district east Of
Custer are very bright. Work is soon
to be resumed again on the Spokane
mine and number of other properties
in that district are being developed at
the present time which are said to give
promise of becoming very valuable. In
the Spokane mine u large body of ga
lena ore of fine quality and richness
was uncovered just before work was
suspended some time ago.
Hawk Wright is quietly developing
his claim on Friday gulch. He is drift
ing on the ledge, and from reports re-
ceived, is working in very rich chute.
One pan test, SO we understand, re
turned $ll in gold from piece of rock.
Free gold specimens are very common.
| The ledge is small but unusually rich.
| Hawk has a little bonanza, but does not
care to blow about it He wants to de.
yelop it himself and expects that it will
equal the Holy Terror mine Hill City
| News.
| NEW MINING LAW.
The new South Dakota mining law
which increases the width Of quartz
claims to 600 feet, will not become eff
fective until July l. This law is view
ed with favor by the mining men of the
Black Hills, and is apparently salts.
factory to every one whom it effects
The length of the claim is not changed
Under the new law the owner of min
ing claim is required TO post in some
conspicuous place on the claim, notice
Of any mortgage or other incumbranc,
before employing men to work on sale
claim. 1t also requires him to post
duplicate Of his location certificate
signed by the register of deeds of th'
county IN which the claim is situated
within ninety days after filing the Ger
tificate. The minimum penalty 70
failing to comply with these require
ments is 800 fine, and the maximum
penalty is $1,000 fine or Imprisonment
for 80 days, or both.-Pioneer Times.
WHERE DIVIDENDS COME FROM.
The figures III the table below will
give some idea of the enormous profit
realized in mining for the preciou
metals i'm the west. The number G
companies, capitalization and amount q
dividends paid were taken from tn
pages of the Engineering and Minin
Journal Of New York, and can be relie
OH as correct
No. of Co.'S Captall- Dividends Per G.
ZatiOn. Diy'd
| Alaska 6,OOOO0O 4242.031 20