The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1903-07-03
SOUTH DAKOTA
COKE IS TOO HIGH.
The Golden Rewards Shelter Will
Not Be Started Until There
Is a Drop.
No Profit at the Present Prices.
News From Mining Camps
in the Hills.

Special to The Journal.
3 DEADWooD, $. D.. July 3.-!The Golden Re
i25 tons Of ore day. The company Is working
the Tornado, Sundance and Little Bonanza mines,
near Terry. and besides the ore 1t is sending to
the cyanide plant in Deadwood it is shipping
also to Denver and East Helena shelters.
Harris franklin general manager Of the COM
pany, said yesterday that nothing would be done
the price OF coke was less. There is no change
at present, but Mr.. FRANKLIN believes 1T will
drop the coming fall, and II it does the shelter
Will be blown again.
Mr.. franklin says it is impossible to work
the smelter at the present high price Of coke.
Before the plant can be started it will be
operation OF Its mines in southern Ruby Basin.
Since the smelter closed down these mines have
been allowed to fill with water, and it wills be
all expensive matter to unwater them.
The Penobscot Mining company is making a
wonderful success Of its mine and mill at Gar
den City. The mill tanks are running at their
full capacity and the crushing department is
working one shift. II is asserted that the,
company is making out Of The mill enough profit
70 pay al the expenses on mining and shipping,
and the ore that goes to Denver shelters is
clean profit. The ore on the Penobscot is assay
Ing all the way from 500 to 500 q ton.
Q: n. Brown. superintendent of sthe speartish
Gold Mining and Reduction company, came from
Cyanide, bringing $4,000 gold brick, the re-
suit of the last run at the mill. The brick rep
| resented one Of the best runs ever made at the
plantf having been accumulated at the rate OF
LEAD, s. D.-The Columbus Consolidated Gold
Mining company has taken an option on the
water right owned by Earnest Mueller and John
Hanley on False, Bottom creek The considera-
ton is $4,000. The intention Is to raise the
water and bring it down Blacktal guch.
Another discovery of rich ore has been made
on the ground of the Columbus Consolidated
north of the main shaft and at a point Just
| north OF where the hill breaks into Sheeptail
gulch. 1t Is free milling ore, vertical in
10 bo Hto-
closure is near the old water ditch running down
Sheeptail gulch and is to be opened in thoro
manner.
The Columbus is continuing It's westerly cross
cut from the drift on the 20O-foot level. This
crosscut has passed thru A7 feet of ore, and
has for several weeks been continuing in the
states. It is difficult to form any adequate con-
| ception of the magniture of the vein No other
| ore bodies in the Black Hills compare with 1t in
extent outside Of the great Homestake the
system to which this vein belongs. 1t is good
! milling ore and will average better than SIS a
| ton. s-s '7.f-
that the spearhsh Gold Mining and Reduction
company will pay dividend from the head
office at Colorado Springs. It is not stated
how large dividend this Dis to be- but it is
| supposed to be cent share on preferred stock,
as all previous dividends have been of this rate.
About Doc, 900 shares Of the Spearfsh stock was
extent OF 10 cents share. With the payment
OF the July dividend, cents share will have
been distributed out Of TO- and as soon as the
10-cent preference has been paid it is expected
that dividends will be paid on all of the stock,
!, SOC, 900 shares. #,
! The cyanide plant of the company is doing
/ splendid work and is turning out from 81 900
i to $1,000 day. 1t is yielding the company be-
/ tween $50, 900 and $4,000 a month, and with
each succeeding month is doing little better,
SO that It is reasonably certain that the divi-
/ dends will continue for indefinite period as
the ore reserves are growing to the great salts.
| faction Of the officials.
There is reported to be an important mining
deal pending involving the transfer Of the hold.
ings OF the Deadwood Standard mine to a com
pany that is being formed by F. R. Byrns, OF
Deadwood, and others. Mr. Byrns organized he
80 much OF success at Garden CITY
4 The Deadwood- Standard company owns
ground adjoining the Spearfsh, and also has q
cyanide plant capable OF treating 1875 tons q
ore day. The company has paid much atten
tion to the development Of Its resources and
Ike the Spearhsh company, has created strong
reserve.
CENTRAL CITY, 8. D.-The camp of the
Pennsylvania Mining company looks like small
town. The company has recently built a larg.
i boarding house, blacksmith shop and barns or
Rutabaga gulch. s7I
The company Is getting lot Of new machin
cry, boiler, AIR compressor, air drills, steam
hoist and pump, and viii sink to deep level.
u The Big Four Mining company is also build
Ing just across Deadwood gulch from the work
Of the Pennsylvania company. A new shaft
4 mousse, 4oxoO Feet, is almost inclOsed, and til,
machinery ts expected in Deadwood this week
The company s, new plant ds of size that viii
enable it to sink to depth Of from 500 t,
1000 feet and the intention Is to drive cross
cuts at intervals of 100 feet.
Several other companies are working in tn
same region and still others there are ready Il
: begin work. Among these are the Hide,
Treasure and the Dead Dodg Hill Gold Mimi,
company, both Of which will operate on the pho
nolite belt ii"
i MEETINGS AT SIOUX FALLS
Three Of State NEUTRALITY-SUSPICIOUS.
and Undertakers Elect Officers