The sun. [volume] (New York [N.Y.]) 1833-1916, 1900-11-26
WORK AT VARIOUS MINES.
sraAr7os1 MDyPyNDgNtg VAS or.
ran ron DI,IDFNB =
Lack Of Reserve rsnd In no ps'e'oprn'n'
wosh his uirina peal In the "srh 'M''
-w,nte, work updsr vs., In the Iron re
s,n-ss oOO, 600 topper Compsnv In Utah

In a't.h
s'oo 900 900 Copper om'a"'
spriSos. Col Nov n.-Jhc
cau.- Of tho decline In Stratton's Indepen.
dpnoe gold stock. In the MINING department OF
the London stock Exchange, IL due W what il
know as cutting a mine for dividends, tn"
drop In the price VA. from ta 10 " share.
In the making Of tho mine, which consists In
shaft. and level. disclosing ore bodies. Mr..
stratton outputted only t,Soo.co In seven
war. Tho value ~ the ore In sight when
i,s min. was made wa. estimated A. u. 500. 600.
ON thI. showing the Venture Company bought
4, -, an nm noo. From MAY 1, 1900, to date.
an average Of 100000 . month has been d,s
bursed In dividends by the new owners In
eighteen months q. sso. 900 has been taken
sm ~. r..sr~s. -; ,h. m,ne and little has
been left for additional development work
The mine Is no' n'uch oeIoN u "" ',s
and Is per ceh', OF .he S,ounu nav,n,
gin. The embarrassment now Is IN having
Ihsunlo'e.'
velopment'
The Gold Coin. the Cripple Creek Consoh-
dated mines INC .n' noS.a :. pa.psn,,v.,y As
declared november o'ioo"os oei1"-
follows; $4,000; $1,000 s.r aaa ,,' M,'O Win o siSe
Sono s.,dnnd tai ~ s,,o 600
November . Grand DIVIDEND 'o'ai Oh '1'''''
rhs Grimm. Creek and Colorado Springs
pan,o.d h. ranidlv nearing completion. IL
Hairoad 70 Iap'o,y 49, 800 1900
ton. It viii transport ores to the mills and
"A rs,e-.to c,,v These rlants will
smsi'ers .. eo'olAao ~ ,,na, nns-half Of
have suncient capacity 70 treat ono-nh' y
Cripple cree1'. OUTPUT o1 r = are As.o aai@ M
Cripple Creeks total output for ten months
in 1900 IA ,lo,5s7 500 against ~ $500. $50 In inc
corresponding period Of 1899; The balancc IL
ins November and December, The $3.50 record
FOR the two closing months was o.. loe,2i This
record maj he surPass q this yeer. but scarSely
in 0roportion 10 the gain already made. Tho
had bTeak In STATIONS lndependence will
help to cut down the product. The Isabella
and other ol big ,I m,,ss s,e p Sai'lss . nd t 4siI %aHe
which will be in operation in January. Hence
cutputtins is not being crowded .u.
The total dividends disbursedby public COM
gsnies foT Ie1 month. N go reach 4; 49, ~; q.
81; a+S 10; ~; 81 '' isS:' !, i, sso a 'sss o.: 1855 itsT ~.
ssc; ga ;eS' isg s:. XII II. sS1;s os. i~' '''n "0n'A'''
The cash reserve TO the credit Of public com
panies Is in excess Of the dividends disbursed.
Priwats Arms and close corporations do not
reported do not represent, the profits OF the
cainp. M pS Si."Tbe Gold King mine, on
Ss,Re ,nin e,ee Sar a6SS al s ths Isin:, 'f m Ens 81 m ahe
SSs aa y . n.1tiaiily free m2illine md the ont M
mt a 3rom four TO siS cars a day OF ooncen-
tfratss. over sloOJSSo hs; been sipspded dqr,
tnS II yga uiT nttns y tmpnsi 70 he q 600 feet Fee
in IleeGnstRR further to develop the property.
c,aaaas e h MoD N,sd th y SuIHhnss 0f mniiniSns pr nnppiy
IN the siIyerton district. the Claims being pros
kVtN9 chhy .iNS e'ON
Inc Nym an tunnel on G 1Tbinb i', nav aoS Was n 1So
Than : hole 3! i The The s srItIS. s Ss ~ % n,aasT,n ,P';
no osr oisar e ont tbe ,rnn al and tbare seems
So a. ,iantr 81 IlnSdinetinns 70 wsrrnnt the de-
Seopnen. % the rLoIttI. SyNera .e'A ~ he
Sis : 't t,,nnoi e eno AZ MMountaip snme ens ca AZ
Open tunhei on oa-s sioun,lih eoIie my cur
oorhte oIes nave g NY p Dan oa"D aiou. ~.
Oreeuhorn ranee' south OF Canon Gty' Some
iptelltsens prospsctins has nor, been be- .,S 9G me, there .m,e
phide. has been foynd IN a shat no feet ger:
sna s sst tse .m sshs o. ORC AA'' 0'en saved LOT
Two men Of ophir were scratching about the
what subsequently proved TO be a fat vein OF
heavy lead ~carbonates, carrying silver and q
n ostlt th s.id csr IN lsss Of 's ssis o 9Tc WHICH WeSf' y isHE t cyer
GO a ton In lead. silver and gold. They found
this ore upon an abandoned claim and will be
able 70 hold title. The new discovery seems
distance, crossing patented ground. much OF
which has never yidded ore Of value.
The oil discoveries Of the past summer In
Routt county an the subsequent development
by drive wells have attracted considerable at
tention from Investors. Over $500 In fees has
been collected by the County Recorder upon
on land filings. One well In which oil was struck
was promptly plugged and the purchase OF
adjacent land undertaken. Next year a rail-
road will probably enter the region.
Unn last year very little mining had been
done In the Montezuma district. Summit
county, for q period OF nearly twenty years.
From 1893 to 1870. the town was virtually aban-
doned, To-day about 400 men are engaged
III preliminary work, eudea voring To prepare
old mines for active work Several rich slvcr
strikes were made twenty years ago. Many
OF tho known mines are far above timber line
where operations 1t the surface can be carried
on for but a few months In each year. Trails
are few and rough and Transportation eI-
pensive. But now there Is a renewed effort
10 make Monte2uma district profitable,
LAKE supKHIoR COPPER
-
h~ouGHToN1 hhon, nov nc calumet
ono neia allhllS 'pMpahy mas nIed, articles
OF associhuon WIN tne 'ouhty ,lefk mere. re.
neWlng inc Terms OF corporate existence OF
inc company LOT a period OF thirty years
from Apnl ~, ipoi, on which date The original
oharter Of the company VIII expire In the
early days, OF copper mining special charters
were usually granted by ,the Legislature, but
Tor many years past an corporations have
been compelied 70 organize under the general