The copper era., 1904-01-28
CRIPPLE CREEK GOLBsTIKE.
Opinion That it was Neye- EQuaIIed
 Before in History of N,rld.

=
 The rich gold strike fntbe W. P.
 II. is better than ever. Onthe hang
 ing wall there is showing hree-inch
 vein Of gold. On the opposite wall
 there is five inches of quarz that is
 almost half pure
 'Professor Ransome, Of tn United ! States geological survey, in tA arge of
 work under way in the dis1c,. in- spected the showing and sal hat in
 his opinion it has never be<, been equalled in the history Of theX t.ld -
 "Professor Ransome decline dto give statement for publication bee use, he said, Of the peculiar mission Ee is here on for the government, but be admit ted he had never seen the equal Of the find and could mention none that sur passed it. A strike of great import ance, that would be considered mar vicious had it not been for the w. P. H has been made in the Fl Paso mine. on Beacon Hill. The body is seven feet wide and rich ore, worth s30 per ton. There Is intense excitement, but mar tial law frigh tens outsid CTS.
 "Iteturns received from the 5-ton shipment from the sensational strike on the WP.H., on Ironclad Hill, gave a net value of S25, ,OO0 The shipment consisted Of 5l73 pounds of frst-grade ore, which netted $2I. 100, and 5S65 pounds of second grade, which ran $500.
 'In the bottom of the shaft there is low eighteen inches Of ore which will un almost 75 per cent. pure gold. several assays being taken show alue 0f more tan Sj4,OOO per ton Harrison & Seaver will try in the near Iture to break the worlds record, now cid by the Isa,lsl!a5ssia a">py' of s2l6,- ss1 ns % ,ss '' soas @rs' 1o% 'or career'. '.oa,ures 70, New Iiealize from s.,ius 'eS ',sar ago we've joining the
 ~, oue enppeS(Qtr -es of rock o' ,fed Early in February ,d advanced to sl2.75. goinisrr'77E tv' 'D @ enst week in March, the price = lo and of that month LaE 90 sl3.75 le l',nS sn1 a ready ca market at Ind before 1 'S;s was the highest rT+re copper ',nirg I the year, thoughj the-r" .'aint.,ined ~ i at s14.5O tJSl5 until june -n Inlv q slight dec ,fne was noticeaoIe' md with more o,' less fuctuatlo"' '"s ,ric,, fell thr ,-ghout the summer 3nu -.,u ro;n,.1as low as Sl3 l24; but U" Move ,ober I it rallied to Slt' the quotations fell to slo,'o, and at present the quotation ,o s13 The rise in price in the o"'' mart of 1903 was due to i"' .l,a F.a,. demand for the metal, anu 'n0 ..u;,,r otf in the latter part o' '.io
 ,,rihrtahle to constantly ue- o.o,sino demand until the lat'e' ;'''' of ,be year. when it seemed 'o O ot waiting on the part ol pot"
 ,a consumer. The seller
 a;,ad for large stocking-up orderS
 and the buyers held back h tue eN
 noo,apcv of d lower price Tue ,"''
 to, k at present more actlVe' ""u VI"
 -. of war in the far east ha aiso had a material inhuehGe s I bn de M . nrice. Should war acIuaaH biahe o P P11 a strong and materlally h!s uT 70 cla, I,, Tu ,nar be looked for. It l> ai' 'o 'ii''. ', ,1'a, although industrial acVtN tH DO e"iI e rronounced in America t'dl' oO a,o the foreign demand TOT r, GV oo has constantly increaseu' n "O p,,s,hods of mjuing ana treattu .os lOO het'lou el.'N a,.a heinz simplitied each yea R%ang Re[ GrsS it t'I possible to produce eopp DO maAl"S S;,ap conditions at lower co DOO uuuei a'. before. On the whole | 100 tnAu fo. inc copper mining lndusV OOO ou'i ,"n, ;s encouraging, and price
 ISs Ss.t i'Sa Saus s to that sa 'Go@s me3 o" out the greater part o' s Sci.nti GOO 600 iaannttisipated.-Mining ant & '''s"''