The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-11-20

National Bank at Helena. The new company
s ho e e. th- Basin Gold Copp.s. Com pany;
from a trip across the range into the St Joe
country. and confirms the report that there has
Is very rsR and there sesas 70 &c 10, ot orc
SALT LAKE. Nov. 1s.1T"wo rich strike, have
inst been made at th. Centennial Eureta;
the second In what Is known as the ',snrNcO
tunnel" In the latter ore showing si++ IN
ton capitalists Tor e. loo. 90 on a basis Of SO
Tho week on the mining exchanges closed
The week In the ore and bullion markets
closed With settlements amounting 10 s2..6.
500, as compared with s251.soo for the pre-
The rsciIts at, the 9old. sampIns rooms OF
The, Consolidated Kansas city Smelling q
asiS 81 sSJ the week amounted
,TUesos. Nov. 10, On tho 4oo.'oot level of
the Tennessee mine big body d. o. nSSt uS
make the mine one OF the best In northern
S.s.nrs gg.' r. Chapman and L. B. H.wtln. o.,
A4f n. fS an oP 4. IN the
S eoFps %e mines NH tor s5 SsS On 'n' monte
ds Essss,n sr sss;
Width an ss I'm s sA Fo1k f yna Sso%
the Planet mine. This Is supposed to be tho
object the ismmina Of the stream a; the head Of
the Striped Canon and working the gravel de-
Men left Williams the iirst OF last week In all
kinds Of conyeyances for the new platinum and
aluminium strike in Cataract Canon, is said
s:ssyer scr Ssssssr Ia: fooled them n" On qse
cal chemist IN Los Angels. who S,I made a return
o. S32S platinum and * per cont aluminium
Ths Sq BE- fec, e %a ses sSs shows ons
up at different places for several miles.
THE LAKE REGION IRON MINES.
DULUTH. Mimi. Nov. 1.-Two OF the largest
To be fn nsaed the Reno on
Mesaba range, and the Loreto. Menominee
range. The Penohscot pump Will be capable
OF raising 1900 gallons OF water 200 feet every
New shafts are being sunk at mum her OF
enterprises Of the kind are at Pioneer mine.
SSSrmiiIiSn radpGe 1wned 6y the CsGnegis
W TSinGe' owned by the American Steel and
Old Brotherton. a high silicon mine OF the
at once. 1t has been idle Tor ,af'csn Years or
mH1s after ns OF rs tons 'nf Is
IN unriyaIled record for a mine IL, that was Was a
deserted prospect with smart full Of water
ninety days ago The ore is 40 good that the
company will employ 25O or more men this
winter In development.
More than $500 miners are now employed
by the three companies operating at lshpem-
Ing, Marquette range ana THIS mum Der VIII DO
worked a. winter.
district north OF the west end of the Mesaba. in
the hope OF finding Il new ore region. which Ia
probably the westward continuation OF the
Vermillion. Iron was first found there ten
years ago, but It was neglected
MIssouRI-KASsAs.
JOPLIN. Mo, Nov 1.-THE zinc orc market Is
badly demoralized. and within the past two
weeks zinc ore has declined S1l ton. Tho
Missouri and Kansas Zinc Miners Assoc alton
which has made the pr ces OF ore for tho past
ten months. had lNcd the prlco OF high grade
ore nj $l3 n ton, and sought TO maintain that
price for the rest OF the year. but when sneltrr
dropped below . cents the association reduced
its price to $40 The I'm eters refused to pay over
S35. and then the prices dropped TO S33 and 49,
felt in every line OF business and steps have
been taken by the mine owners and business
men generally to build large zinc smelters OF
sufficient capacity to handle the entire output
OF the district, and rolling mills to ma 'acture
the spelter into sheet zinc. A S5.OOO,O0O
| cooperative stock company Ia proposed an Il
the funds will be raised almost entirely among
the mine owners. Tho smelters and mills are
to be built as soon "a possible.
Foreign smelters are en- braclng the present
opportunity To buy zine ore at low prices, and
large amount Of hlgh-grade ore 10 soon to DO
exported.