Gilpin observer., 1900-01-04

bl-,Sl3. Ill lS'W IL WIS Nf,ulo.--U. L hS
increase since 1890 is nearly 700 per
cent. During the years from 1882 to
1899 the gold product of the whole
United States varied from S32,5OO,OOO
in 1892 to $33 100000 in 1893. In an in
rerview n few days ago, Director Rob
crts of the United States mint said:
The world does not depend upon the
Transvaal for it's stock of gold. Colo
RADIO will produce more gold in 1900
than all North America yielded ten
years ago. Cripple Creek is up to the
record of the Transvaal five years
ago"
OF Colorado's $31.329, ,056 gold pro-
tluction in 1899. Cripple Creek yielded
S2O.0OO.0OO. The months of November
and December in Cripple averaged at
the rate of S3200OO00 a year. That
camp alone will produce ut least S3O.-
100000 in 1900. II began its active ca
= reer in 1892 with Il production of $780,
nOO.
Silver production in Colorado in 1899
was S12.6SO,25 against $13,690,265 in
1898. The decrease was due to the
partial closing down of some smelters
for three months on account of II diff
ference with their men on an eight-hour
day.
Lead production increased from ST.
221 .131 in 1898 to 81. .641 .529 in 1899.
Copper production increased from ST.
413.136 in 1898 to S1.So4.226 in 1899.
The search for copper is stimulated by
the demand for electrical purposes in
all parts of the world.
Zinc and manganiferOuS iron-the lat
ter in demand for steel tiuXing-netted
$4,000. Neither was utilized until
two years ago. Zinc in ores was penal
lied ut the smclters instead of return
ing revenue. Processes for its eXtrac-
tion are being satisfactorily developed.
and its importance will increase
The total of gold. silver lead. copper
and zinc in 1899 was sol .OS2. .567. com
pared with SD, ,S37.351 in 1898.
The grade of gold ores handled was
higher in 1899 than in 1898, for the real
son that the mills and reduction works
were unable to treat the flood of ore
which poured from the Mines and pref
erence was given to the higher grades.
This is particularly true of Cripple
Greek, where, ore bins. sampling works.
mills and railways were blocked with
ore Large additions to reduction
works and smelters have gone into op-
GRAFTON during the closing months of
the year. other additions are nearly
completed and half dozen new plants
are about to be built. The mill and
smelter capacity at the end of 1900 will
be good for just about twice as many
tons of ore a day as at the beginning
of 1899. The gold output of the state
in 1900 may reach S45.O00.O00.
q. Dividends paid by Colorado mines
producing gold and silver and the allied
metals-lead. copper and Zinc-during
1899 We're S11. III .G64. or per cent. on
S294, al 600. The dividends paid in
1898 We're $9.159,392. or 4 per cent on
22S,9S4. 500. The increase in dividends
was S2,61S,2I2, or per cent on $65,-
456S0O.
The coal production in 1890 was D.
, 100000 tons. At mine price of $1.75
ton it was worth SS.750O0O. The pro-
duction in 1898 was 100000 tons.
worth S1.OO0.OOO. In 1889 the produc-
tion was 2,313,954 tons.
The iron produced in 1899 was worth
S7,6S1, ,719. The production of 1898
was S4.532, ,243.
In four of the metals produced from
Colorado mines the state presents new
records for value. The metals in point
are gold. lead, copper and zinc. The
exception is silver, which was more eff
fected by the smelter shutdown last
summer than any of its sister products.
rs the shipments of ores from the lead
ing silver districts was almost totally
suspended between June 18th and the
middle of August. The total for the
year-S51 .OS2, ,267-is based upon the re-
vised mint returns for 1898.
The gain in the grand total for the
year. compared with 1898, reads S.
244 ,916. or close to 20 per cent. OF this
improvement S7,S16,237 was in gold
alone, this metal showing an increase
over 1898 which exceeded 33 per cent |
The drop in silver. in spite of gain in
1 1nI
S1,O1O.O00. based upon II decrease of -
155,96O ounces, or o per cent. in the
quantity extracted from the ores |
The gain in lead value was S420.- |
39S. due to the advance in price. !
while the increase in copper
value reads S441 ,O90. also attributable
TO the advance in quotation. the smell |
tiers paying an average of 50 per unit
of twenty pounds, as compared with
81 per unit in 1898 In both copper ana |
lead there was n decline in quantity |
the result of the smclter shutdown.
If Cripple Creek alone produces $780, |
100000 in 19O0-and this is the general |
estimate-the states grand total for the |
closing year of the century will not be
less than S67. 100000. and may reach |
ST0,OOOOOO, which eXcels the average
yearly production of the mines of the
world-gold and silver COMMUNICATION |
the period between 1871 and 1850 |
when the discoveries of gold i'm Cali |
fornia gave n marked impetus TO min
ing and to commerce in general.
Gold Product by Counties
The table which follows Is based |
PRIMARILY upon the report of the direc-
tor of the United States mints for 1898. |
which was furnished this office In June |
last. The gains and losses as COM
pared with the mint figures are calcu- |
lated from the News county and dis |
trict reports for 1899. II will be seen |
by glnncing at the table that the heavy |