Arizona weekly journal-miner., 1900-10-03
Mining Intelligence.

Mint Director Roberts has advanced
 the price paid for silver to 57 cents,
 the price heretofore being 5 cents.
 The price paid by the mint in 1896
 was 47 cents.
 Another mining sale was cOnsum-
 mated last week in which Messrs.
 Darrah, Noble and Stukey became
 the purchasers of the Treasure Hill
 mine in the Eureka district, the seller
 being Geo. H. Lawrence, and the
 price paid 5000. It was a cash
 transaction. The mine is located
 near the famous Hillside mine.
 It is reported that body of high
 grade ore has been struck in one of the
 Octave Mining cOmpany's mine at Oc
 tave of which D. J. Jones is superin-
 tendent. The ore body is reported to
 be six feet wide and assays from Sl9
 to S35 per ton.
 Geo. P. Harrington and his associ-
 ates have let contract for running a
 drift 200 feet on the 300 foot level of
 the old Tiger mine. The drift is
 already in 230 feet from the cross-cut.
 and this addition to it will make it
 over 400 feet long. Work will be
 commenced at once and pushed as
 rapidly as possible.
 An adjourned meeting of the stock holders of the Crowned King Mining company will be held at Taylorville, H., October &, at which a decision will be arrived at whether the Crown ed King mine will be closed perma- nently until present litigation is con cluded or whether some amicable agreement can be arrived at for con tinuing operations on the property. It Is hoped that not only in the inter est of the stockholders, but for the benefit of the mining interests of this section that an amicable adjustment of this company's affairs can be reached.
 A correspondent of the Phenix Re publican writing of the Yulture mine says: Your correspondent was a visi- tor at Vulture Friday. Having been connected with the concern for six months and being familiar with the property for the past eighteen months, I have gained fair know ledge of what is there, and have a very decided opinion of the future of the Vulture mine. A visit to the Vul- ture Is a rare treat to a person that never has been there and is well worth the time spent. When one gets into the old workings and sees the immense galleries, big stOpes and perfect network of drifts, all standing open, without a stick of timber as support, he realizes that it is simply grand and unlike any other mine. But visit after one is familiar with it, as to its real worth, and can realize its possibilities and what it should be compared to what it is, leaves on the mind very depressing effect. It has occurred to the writer many times that the Vulture is not only big mine, but that it is too big. A cor rect report on this property shows figures so large that people are in- clined to believe that they cannot be true ana that a property of the kind would not be lying idle. This mine has a record of having produced six teen million dollars, and talk with any one connected with it in its pro 1ucing days will convince a person that as much more was taken out that there is nd record of. It must be plain to any one knowing the facts that the mine was shut down, not from any lack of ore, but from shortage of the kind they could han He, namely, free milling ore, as that gave out at the 350-fOot level. To understand the situation at hat time one must make himself re- lliZe that there were no railroads in his part of Arizona nearer than 120 niles, and Indians were bad, making out of the question and eaving the ''plates" as the only way O save values. With modern meth ds of handling and treating ore and
 plant installed that will be the size f the mine 1t will make a record that Vill be of immense value to Arizona's mining interests. It naturally occurs o the reader that if this is all true, Fhy is not something done and who re the owners and why do they not ake advantage of their opportunity The answer seems to lie in the fact hat to put it in working order will equire an outlay of a quarter of a million dollars in cash, an amount hat is apparently almost prohibitive, nless the party or company is ac- to large outlays. The pre- ent owners are all men of means and nown to be shrewd business men, ble to make a success of the enter rise should they see fit to undertake
 and have the courage to carry it ut. This is property that will rove the old saying that along with ther things it requires genuine erve to mine"