The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-02-20
SNOWCHECKS MlNINGWORK
mss ~ OUTPUT ESTIMI TED AT
S9,OOU. o IN D ORADO.

npgit of marble NucONrreu IN mexico
u,sh 20 %porCupino Creek District, Alaska.
nrvyrr. col. Feb. 15.--The unprecedentei
storms % the pnst thrce weeks have greatly
.,d,ced the output Of the mines in all parts OF
A. state From every camp come reports OF
thing operations shut down on account Of the
deon SHOWS. suspension of TRANSPORTATION facil-
ri,s ,ndIack Of fuel and excessively cold wealth
Tho great Stoiber properties in Silver
totes hasin, above Silverton. have suffered con-
,fJorahle damage to buildings and tramways
.r ,s,snn ~ slides. The Pelican Dives mines
ava damaged on Sunday last TO tho extent'of
s6n 600 nv the avalanche that came down upon
efvsr Plume, burving q dozen people under the
Ami. and carrying of ore from the dumps. 1t
=, ,sthnntcd that the loss in OUTPUT from which
,h.rs can he no recovery amounts to $1,000.
600 in the total output for the present year.
Ieadyille was tho centre OF interest during
the past fortnight, At one time il was thought
,h,, the downtown mines would have to sus-
n.nd pumping operations. upon the final issue
y, which so much depends. because the rail-
,o,ds were tied up and the supply OF fuel was
.hout exhausted. But under the leadership of
Ceorgs Cook a thousand miners shouldered
r,cts and shovels and went to the relief OF the
sroct aded railroad lines. The snow had to be
ricled out from between the rails and the
rreat banks shovelled aside so as to give the
,o,arv plcughs room to operate in. and thus.
nv volunteer labor. the roads were opened and
oo.l was rushed In before the last ton had
h.en exhausted. Fully 1000 men have been
ten porarilv laid of in the Ieadville district
elone by reason Of the severe storms OF the
month.
All mines about Red Cliff have shut down un-
III the danger from avalanches has passed. In
Gnnpison county work has ceased. Clear
" nall, ,l. oyapta ~ Tho naIt fa- lnra
before daring to do much work. Boulder coun-
tv has been blocked for two weeks. The south
.rn norton Of the State escapad until this
UseE. reporting but little snow all winter. The
line from Durango to Silverton has been omen
nil winter. The mines OF the San Juan are
protected against heavy SHOWS and the princi-
nal ones can operate in winter about as well
as during the short summers Cripple Creek is
ont OF the snow belt and has to contend only
with disagreeable winds and cold weather.
Interest continues. in the operations OF the
Isabella Company. Stock quotations are on
the decline in spite OF a recent payment Of
$4,000 in dividends and the promise of many
more to come.
There has been a rich strike in the Half
Moon Of the Matoa Company. Details are
suppressed and the information only comes
from workmen in the mine.
The annual report Of the Victor Gold Min
ing Company has been published. Little of
the stock is now held in this State. The reVe-
nue. Of the company for the year was derived
from the sale OF 3.2SS tons OF ore to smelters
averaging 500 per ton and from 32.o3I tons of
mill ore at $S.+l per ton. The total receipts
after treatment and transportation charges
we're paid amounted to S5G9.GOS. All eX-
penses amounted to 2+5.SS4 The company
PAID out in dividends S35O.OOO. in grounds.
improvements and for fifty railroad ore cars a
total Of $4,000. resulting in a deficit Of $4,000.
This report will cause a slump in the stock
quotations for a time. but does not change the
TACT that the Victor has large. low and medium
grade ore bodies that will pay a fair margin
after all legitimate expenses are met. though
!. will not stand the drain of excessive divI-
dends. This company has in its history paid
cut over : .OOO.OOO in dividends. The report
saws: While the immediate future is not bright.
Il Is the bslief that the shareholders will not
be Obliged 10 foreGo dividends on their invest
nent for any considerable time. The develop
nent will be pushed with all possible speed
and economy. with the hope and expectation
that dividends will be Forthcoming within the
year C%ertainiy, no cause exists for a sacrifice
OF stock at such prices as some holders pre-
Eously saw III to accept"
CALIFORNIA.
Los ANGELES. Feb. 1l.-San Francisco peo-
PIE have bought for $4,000 the Watkins mine.
formerly the Camp Contreas., in Amador
county. Twenty-Five years ago this mine was
A good producer. but for some reason it was
abandoned and was lett idle for many years.
A year ago 1t was relocated bv Watkins. who
SUNK The SHAFT Ieeper. and struck a good body
The copper property at Ubaheba is making
an excellent showing. A. seyenty-hve-foot
tunnel h~as.been run which is all in ore and a
feet Of ore. barren ground was then encoun-
tered for nearly thirty feet, after which a
seven feet Of ore. of which the hanging wall
has not yet been cut. The quantity of ore
s.ems to be practically unlimited and the quail
lty IS very good.
From ltandsburg. Kern county a rich strike
is repoTted n the Annex mine: which lies be-
At %si&ty-ty" feet a twenty.inch vein of 500
r?ck has been uncovered. The exact product
OF me Yellow Aster group OF mines up TO the
present time cannot lie aScertained, but 1t is
Known to he near the million-dollar mark:
From the mine product the company has paid
on the debt resulting from legal %entangle-
S3O,WoU, put upa 100000 reduction plant. paid
$1,000 in dividends during the past year and
hoE has a neat surplus, The group consists
OF twent,y-three claims. but at present ore Is
coming from only -four of them. There is ore
enough IN sight in these four to keep the new
mill in operation for years to come. There
are also about 10000 tons OF ore on the dump.
oolY OF lpw-grade ore and is preparing to put
NJ new mill.
The machinery of the California Borax
- 't"S '''h. 1 Gu W., dtlu tIio llSl Billy
meht Will be mad" next week. About 100 tons
Of refined horaN will be shipped every month.
he shaft o. the Red Rover mine. Los An
gees county. i, down POO feet, The vein is
widening and the. ore growing richer. The
iast assay returned a verv large value. show
ing ~ ounces Of gold and 45.54 OUNCES Of
t.ter PER ton. equal 10 S2,397 per ton. 1t has
oeen decided to 20 down 10 1000 feet.
mine BIZ D!pper gravel mine. Iowa Hill.
aitcer county, which ia one OF the richest
grave! mines in california. has suffered a Sc
we're accident in the breaking of its NAM
NON reservoir. Owing to the dry season II
ga no' contain much water. The mine will
oeoiosed until 1t can be rebuilt. From Nevada
county comesthe news that the old-time actiy-
NV 10 mining and milling. which received such
= seIqack 10y the dry season. has been re-
suntH and mining matters are humming
again The water companies have taken pre-
SagllonN,h Y.building storage dams and reser-
U,s. against a occurrence OF any failure Of the
,"aItr supply. Many mine owners have substi-
so o elr'lrirIty, SO that another dry season
s"i'u H3t n9w-do the damage which the last
~ Sne dll. PROSPECTING and development work
nEs been greatly stimulated and a good many
r I'm nroperii"S are being opened. Much ma;
ttbh III + being placed in new properties and
sunee .~Ee,.hood now is thai more will be IN
troNW Iirlng the coming year thar ever be-
in me 'arGo MuchachO mine. San Diego
COUNTY, a tWp-fOOt InIUe runpinU SD7 10 i'm