Idaho Springs siftings., 1902-05-24

! and thousands slept because they believed
it would be better to act in the broad sun
light little later in the day, the hustlers
stepped in and picked up all the best
properties of the district. A half dozen
companies made twice that number of
millionaires, and then the slothful awoke
to characterize the Industrious workers as
"mining hogs"
We have stated in these columns doz-
en- times during the past year that home
capital and home energy was not awake
to the conditions of the present or the
prospects for the future in the district. 1t
is quietly sleeping while outside capital
and outside energy steps in to capture the
hidden treasures of the rich spots of the
district.
Word was received here this week that
Manager Redding, of the exceptionally
successful Occidental company of Boston
had stepped in with that quiet style of
his and purchased the Kitty Clyde for a
company practically formed by the Off
GERS of the Occidental company.
Inc hltly SlyuS 10 lAC OANNASAoA Vi ehN
famous Fraction mine and less than two
weeks ago its future and the wonderful
rich deposits of ore found in its shaft was
the subject of general discussion by the
members of the local commercial body.
No one for a moment doubts the possibil-
tiles of the great property, or have these
possibilities been doubted, but while
home investors have been talking the out
siders have been acting. This is about the
only explanation that can be made.
Within few days a force of men will
be stoping ore out of the drifts OF the
Kitty. AT the present time there is four
or fve-inch streak in sight, exactly SINH
lar to that of the Fraction, which returns
as high as $40 to the ton for the average.
The tunnel running from the gulch be-
tween the Kitty and Fraction will be
cleaned out, retimbered and put in po-
sition where it will be a decidedly SER
viceable proposition for both properties
in the way of transportation and drainage.
Some idea of the richness of the ore in
the Fraction and Kitty can be obtained
when it is taken into consideration that
the former has produced the richest ore
in the district At one time, not very long
ago, six-foot body in the lower level
was running an average of something
better than 500 to the ton. Assays show
ing free gold have run as high as $40, 900
to the ton.
srSt.. ,rac 1erlv thR rrOnertV
of the First National bank, but we UNDER
stand it has been purchased by the Occi-
dental company. Now here is the ques-
ton Siftings cannot answer to the advan-
taqe of local investors. The great Frac-
ton has demonstrated the value of its
vein within its end lines. The people rec
opuize it as one of the most successful
shippers of the district. The old mining
men here knew that the Kitty Clyde was
an extension of the Fraction and were
thus absolutely assured that the former
could be made as great property as the
latter. Why did they not take hold of
the property and develop it and reap the
reward? 1t is time our local investors
were waking up.
force of men is now at work running
the drifts ahead in the Fraction and it
will be stoping and tramrning the rich
stuff from the Kitty Clyde. Siftings is
pleased to see the Boston company enter
the field with the new properties. 1t has
proven a successful operator in the dis
trict. and it is the successful companies
that the people of the district will en-
courage.
County Commissioner Thomas Cop
pard, one of the old-time mining men of
the district, and conceded to be good
one, is a strong believer in the future of
the Kitty Clyde:
''It is a shame the property has been al
lowed to lie idle as it has," he remarked,
"and strange thing to me that it has not
been purchased before this. I was in
charge of the property nine years for
George S. Rsymer and Thomas B. Weams.
During the time worked the mine on the
west shaft it paid from as to IS per cent
and was in pay ore from grass roots.
shoveled up twenty-six sacks of ore with
a fire shovel at grass roots and when a