The Anaconda standard. [volume] (Anaconda, Mont.) 1889-1970, 1899-02-20
IT IS ALREADY FAMOUS
All Hats Off to the Isabella
Mine.
ROMANTIC INCIDENT
Happened in Connection With the Gold
Coin-How One Of the Richest
Mines in Cripple Creek Was
Discovered.

It would appear that all of the rest
of them must take hats off to the Isa-
bella mine, the Cripple Creek gold pro
Queer, whose startling revelations ex-
cited Butte and the rest of the world
a few weeks ago.
II the reports of the Isabella prove
true, it is destined to be as famous as
the Comstock lode of Virginia City,
New, which is said to have yielded up
ward of $2O0,0 900. 1t is out of this
mine that John w. Mackay, James
Flood, William O'Brien and the late
James G. Fair. whose daughter is be-
trothed to young Willie K. Vanderbilt,
made colossal fortunes. People who
are in position to know, say the Isa-
bella will equal this, great producer
Up to few months ago the mine was
supposed to have been worked out, and
on this account was allowed to pass in
to new Management. 1t covered 1856 acres
of patented land, and when the new
managers took hold there was about
100000 on the dumps
work on the mine was pushed for
ward with great energy, and last De-
cember one shipment of ore was made
that Melted the company 900 and an
other Melted $4,000. Up to this time
stock was selling at from 20 to rs cents
a share. Immediately afterward it
advanced to so and at one clip went to
" on last Tuesday. This unprecedented
advance was a result of a big strike
of rich ore bed, which sends the
value of the property into the millions.
Dave Moffet, the Denver banker is one
OF the largest stockholders in the lisa
bella.
"A romantic incident happened in
connection with the Gold Conn., said
H. L. Prentice of Denver, Colo, in
speaking sI with New York reporter of
big Cripple Creek strikes. THE mine
had been discovered by the Woods
brothers, who had been unfortunate
elsewhere, and who had come to Grippe
Creek to retrieve their losses. In ex-
cavating for a little 6x1O real estate
office which they We're building they
uncovered vein Of gold which proved
to be one of the richest in Cripple Creek.
The mine is worth from SO, 00O, 900 to 3d.
100000 to-day William S. Stratton, who
owns the Independence mine, was a
carpenter by trade, and stumbled onto
the big lind. He is now preparing TO
startle the world in a unique way by a
singl4 shipment of 81 600, 900 in gold The
largest previous shipment ever made
In one day was $11S000. This was from
the r. u. Lee mine in Leadville in 1879.
The Portland mine, adjoining the In
dependence, pays 100000 a month reg
ularly in dividends, and has $500 900 in
the treasury, all taken from the mine
Within radius of one mile of Gilpin.
the oldest camp in Colorado, $1OO, 00O, 900
in gold has been taken out"
Other mines that have been big pro-
ducers are the Little Johnny, at Lead
vile, which has paid $4,000 900 in divi-
dends in the last year. and the Iron
Silver, also at Leadville, which has pro-
duced about $25,OOO000 The A. Y. and
Minnie has produced nearly $4,000, 900,
and of this 100000 went to the New
York firm of Guggenheim Brothers. The
camp Bird mine was unheard of two
years ago. and now it pays from $4,000
to 100000 month to it's owner, Thomas
F. Walsh, who lives in Washington
D. C.
Washington state and British Column
bia have also come forward in the last
year as gold producers. Rossland is now
attracting much attention in Wall
street, and though it is only about
eight years ago that Alex H. Tablet of
Butte and Oliver Durant of Spokane
purchased the Lee Roi for $4,000 and
the Center Star for $4,000, the output
and ore in sight will reach a valua-
ton of at least $2O,0O0,OOO.
The LIE Roi sold for $4,000, 900 to a
London corporation, and the Center
Star for 100000 and the War Eagle
for $1,O00,000 to the Gooderham- Black
stock syndicate of Toronto Durant
and Tarbet still own the Idaho, which
is continuation of the Center Star,
and is estimated to be worth $4,000, 900.
Other valuable gold and copper proper
ties have been found in the Kootenai
district this last year.
Patrick Clark of Spokane is
one of the chief shareholders
and the directing mind of the Re-
public mine, which was mere prospect
a year ago. The stock is now selling at
49, based on a valuation of Sc, 900 900.
This mine is located on the old Colville
reservation on the Columbia river, north
OF Spokane, and is destined to become
one of the great gold properties of the
world.
The production of gold in the United
to $64,300,000 in 1898. Colorado. Utah,
Montana and South Dakota were the
chief producers.
Great fortunes have been made in the
last few months through the advance
in copper to II cents a pound. The pro-
duction of copper in 1898 was SAG, 367, 1913
pounds, an increase of 16,177,O74 over
1897. Montana, Michigan and Arizona
were the chief producers
8 cents. Bread flour, 80 cents. Extra
7 h~x-