The Harrison times. (Harrison, Boone Co., Ark) 1876-1938, 1901-12-28
MINING NOTES.

A new mill will be put in on the
Palmer lease, joining the Beulah
mine.
The owners of the Tar Kiln mines
are figuring on a concentrating
lplant.
Final proof has been made on the
Daisy Dean mine in the Dodd City
district.
I Ten wagon loads Of ore from the
pilot Rock mine, near Dodd City.
arrived here for shipment Tuesday
last. !.
Work progresses ON the new plant
at the Markle mine, and it is hoped
to have it in operation early IN the
new year.
Claim jumpers are expected to be on
hand all over the field, to celebrate
the incoming of the new year, early
next Wednesday morning.
A good discovery of both carbon
ate and jack is reported three miles
northwest from st. Joe where Miss
Emma Randolph, of Emporia, Kas.,
is having some development work
done on claim in 17-17.
Geo. W. Moore, Frank Stamford,
Prof. {. l. Carver, H. A. Russell and
{. A. Katzung, of Fl Scott. Kan,
were a distinguished party Of zinc
prospeetors who left here for Searcy
county yesterday under the guild
anee of Mr.. l.. F. Dick.
Hands working for the Excelsior
Mining Company, near st. Joe un.
covered two human skeletons this
week which are supposed to be the
remains oil some of the old Spanish
miners who operated in that country
early in the last century.
A bill has been prepared and sent
to congress giving the Missouri
Pacihc the ri sht to bridge White
river at the mouth of Crooked creek.
This will be good news to mine
owners throughout north Boone and
north Marion counties.
L. F. Dick finished making proof
yesterday on the Big Rock claim of
40 acres on fomahawk creek, in
Marion county, 7, II, II. This is
promising piece Of property and is
owned by Mr.. Dick aud A. F. Ed
wards, sheriff of Labettes county,
Kansas.
S r. Reese returned last night
from an extended stay in the Omaha
mining district, of Boone county,
where he has been experimenting as
sessment work on properties which
he represents in that district. He
reports matters encouraging in that
.region-Dodd City Enterprise.
During his recent trip to Detroit,
Mich, w. r. Jones sold a large tract
of 1000 acres of zinc land on Fallen
Ash, Crooked creek and Warner
creek, Marion county, to company
of Detroit capitalists for 100000
development work on the property
will begin early in the coming spring,
Mineral men in this field regard
with great satisfaction the advance
in the prices of zinc ore, which has
now reached $34 per ton. With
such prices mining will not only be
profitable in parts of North Atkan-
sas, but the attention of capitalists
will be much more easily secured.
1902 promises to be great year OF
progress hereabouts.
4 he ST Louis Lead and Zinc News,
says, THE year 1901 has been no
table one IN the mineral industry Of
North Arkansas. 1t has seen much
earnest development work, the ap-
proach of one railroad and the adj
vent of another; the putting in OF
improvements aggregating almost
$150,000 and the district is now on
the eve of the realization of hopes
that have buoyed its supporters for
many years. Investments Nggrega-
ting more than $1,000 have been
made in the counties OF Marion,
Boone, Searcy and Newton during
1fhe months almost ended"
Wprecently noted an article>which
went the rounds ofthe local press,
demonstrating against too high cap
italization OF mining, properties, and
the article contained words Of PRO-
found wisdom-when referring to
anything but mining. Capitalize
ton should be based upon dividends
payable for wears TO come, upon the
investment demanded In n million
dollar enterprise in the world OF
trade, with one million dollars cash
paid in, a tremendous volume OF
business could be done from the start,
In "A million dollar capitalization
mine it must be remembered that the
mine, or even prospect, is the source
of production, and it requires but
500, 900 per year net production to
make the property worth the entire
sum. Million dollar miues-pro-
perty with that capitalization-dc
not offer stock at par until develop