Arizona weekly journal-miner., 1902-02-12
MINES AND MINING.

price daily.
 l A telegram from Monterey, Mexico
 says: A record price for silver ore
 was paid yesterday, when sixty tons
 brought SSO0,0OO. The ore is excep'
 tionally high grade.
 A Tombstone telegram says that a
 number of officials of the company
 opening up the Tombstone mines are
 visiting that city, and are arranging
 for extensive operations on their prop
 critics. An idea of the magnitude of
 the work may be obtained from the
 fact that twenty seven carloads ot
 machinery will be installed shortly.
 The Monarch people are about the
 happiest shareholders we know of.
 Their new stamp mill is working like
 a charm and turning out the bright
 metal in such quantities that divi- dend should be earned soon. Alex. Lyons. Dr. Wood and Charles Math- horst drove out to the property Sun day. They were all very much pleas ed with what they saw.-Reporter.
 W. H. H. Osborne of New York, J. G. Deffenderfer of Harrisburg, Pa., and J. A. Clark of Chicago, III, ar rived in the city yesterday and ac- companied by Hon. Charles H. Akers left for Wickenburg this morning to inspect the Angel group of mines. These gentlemen represent Hathaway & Co. of New York, who have been actively engaged in developing the Angel property for several months. Their visit is due to the efforts of MT. Akers and may mean much to the mining interests of the Wickenburg dist.--Enterprise.
 Four furnaces are at work at the smelter, the largest number that has been in use for some months. Other improvements for Senator Clark's properties will likely be carried on as planned. The fear of a slaughter sale of copper" has had its day. Some very shrewd observers contend that the Standard Oil people were brought to the realization of the fact that they were not the whole thing when they attempted to cripple the copper in dustry by cutting prices below the price of production. The moment that price was reached Senator Clark and others went into the market and bought the redmetal, and. now they are doing the selling the price is not ten cents, either.-Reporter.
 After two days run of the Blue Dick smelter an accident happened to some of the jackets, compelling them to close down for four or five days While new jackets have been ordered to take the place of those injured the latter will be repaired for temporary use until the arrival of the new ones. While the accident so early is very much to be regretted by the manage ment, the experiment was of suff- cient length to demonstrate what is needed for the treatment of the ore. A concentrating plant will be erected immediately for working the ore.
 The New York Dispatch of Febru- ary l says: A number of gold and copper companies with mines in Yava pal and Graham counties, Arizona, and stock holdings in the state of Connecticut, will organize today at 66 Broadway under the name of the Connecticut Manufacturers and Cop per Consumers association. The capitalization, it is said, will be about S2,0OO,000. Twenty-Five directors, stockholders and officials of the vari- ous companies to be represented in the association came to this city yes terday to effect the organization Among these are John J. Hutchinson of Hartford, president of the Consoli dated Gold and Copper company; Samuel B. Horne of Winsted, a direc tor of the Mammoth Gold company; Lewis A. Corbin of Rockville, a direc- tor of the Standard Smelling and Re fining company; Arthur H. Mills of Waterbury, and c. Il. Enc of Sims bury.
 Late advices from the far north are to the effect that new Klondyk Ike has been discovered. Advices from Ram part give some wonderful accounts of the new district which is called Ko- yukuk of which Bettles City is at present the commercial center. Four creeks in this district have attracted great prominence by their rich re- turns. They are Lane, Olson, Hog lund and Glen. Of the four, Glen is the most noteworthy. One miner there picked up a nugget weighing S60l and other men are taking out pans averaging from S1 to S70. Baker flats, on which these creeks are loca- ted, it is claimed, will prove as rich as the Klondyke, and the pay streak in Glen creek has been traced as far as twenty eight miles below Eureka.
 Another bonanza has been discov- cred and is being rapidly developed twenty five miles west of Fronteras. Assays of samples from the new dis covery run as high as 100 ounces per ton in silver, and all the matter from hanging wall to foot wall, gives an average assay of SS per ton in gold. However, and notwithstanding its ex- traordinary high per cent in silver the owners consider their mine big bonanza of copper Mir. Van Smith, one of the fortunate owners in the new Fenocho, came up from Fronte- ras last Tuesday with soma fine sam pies of carbonate copper ore from their mine, and says the drift is run ming through solid body of like character of ore. Ed. Austin, form erly of Yavapai county, superlnten- dent of the mine, is highly elated over the splendid showing in the drift, and says everything indicates permanency and large body of ore.
 Richao Rorriour