Fergus County argus. [volume] (Lewistown, Mont.) 1886-1946, 1903-04-29
I,ro. Increase In Receipts.

Receipts at the United States assay
Office in Helena for the quarter end
ing March 81 were s515, 626.72. This
was $4,000 more than the receipts for
the same quarter for the preceding
year and larger than those of the
same quarter in any Of the preceding
nine years.
The Consumption of Copper.
The consumption of copper for 1902
was divided amongst the following
countries: Germany, 1O7, 906; France,
$3.50; England, 121.S77; North Amer
lea, 224,O00; Austria Hungary, 22,44O;
Russia, 24,39S; Italy, 14,O63; Scandi-
navia, Spain, Belgium, Turkey and
Asia, 10000 to $4,000; making a total
of sos, 234 tons. The production dur
ing the same period was 557,492 tons,
showing that the consumption was
about 10000 tons in excess of the pro-
duction.
e. w. King Back From Landusky.
e. w. King came back from Lam
dusky. near where he is having a mill
put up on some good property, Will
liam MCLEAN having the contract for
the work. Mr.. King announces that
work is progressing in a very salts
factory manner on his plant and he
expects to have 1t in operation by
midsummer. He left Saturday morn
ing for Chicago to look after buying
some machinery and to transact some
other business. He will be gone about
ten days.
BIG Chicago Bonded by Case.
G. A.. Case has bonded the Big Chi
cago claim located In the Cone Butte
district, Of F. G, Little, Of Salt Lake
City. Several hundred dollars worth
of development work has been done
on the property, a great deal OF 1t by
parties who have attemptd to jump
the claim. There is a 60-foot shaft
and 20.foot cross-cut all in ore. In
fact it is said that there are $4,000
tons OF cyanide ore which will assay
from $12 to SIS in sight, and those
who have examined the property think
1t is a conner.
Progress Of the Gold Reel.
Things YER never in a more pros
porous condition over at the big Drake
mine in Gilt Edge. Instead of one
rooster as originally decided upon,
two are to be installed and work on
them is being rapidly pushed. When
completed they will have a roasting
capacity of 300 tons daily and the
engineers state that there Is enough
black ore in sight on the Gold Reef
properties to keep these two roasters
running at that rate for at least five
years. A mill is also to be put up
on the old dump and the thousands
Of tons of tailings will be worked ov.
er. Assays from them show good
values and there is no doubt that
they can be made to give up a great
deal of wealth. New men are con
stantly being taken on, and, reports
to the contrary Notwithstanding,
everything looks most favorable for
the Gold Reef.
Profits Of Low Grade Ores.
Figures taken from the annual re-
port OF the Treadwell Gold Mining
company emphasizes the great value
Of a low grade property when the
plant upon it is sufficiently large to
handle the ore in large quantities.
The property of this company is on
Douglas Island, Alaska, and its re-
port of operations for the year end
ing May Is, 1901, has recently been
made public. In that year there was
457 ,802 tons of ore crushed. an aver
age of 1854 tons every "a hours. The
average yield of the ore IA $1.88 per
ton, making the total product $780,.
1877. The total working expenses, in
Guiding office expenses, amount to
$545 ,06S, leaving a net profit of $685.
$50. There has been extracted since
operations began $500, 1873 tons of ore,
yielding an aggregate value of $780,
591527, an average of $2.79 per ton.
The total expenses we're $4,979,061,
an average of $l.31 per ton, leaving
the total fronts $5,600,666.
The acting governor of Yukon ter.
ritory has recommended to the gov.
eminent of the Dominion Of Canada
the construction Of a governmental