Los Angeles herald., 1905-05-29

assessment of cents per share was
levied on the outstanding capital stock
Of the corporation Stock will become
delinquent on the 18th day of June.
Another rich strike has been made by
the Duplex company at Searchlight.
Last Monday round Of holes fired in
the face Of the west drift on the 100
foot level broke into a body of ore that
will run over $500 ton. The ore came
into the face like wedge. showing
clearly that the top of another lense
had been found.
Local Company Operates
The United states topogra phical en-
gineer corps has definitely determined
that the floor of Death Valley desert
is $50 feet below sea level. This level
was ascertained for the purpose of
making Typographical charts of that
region. This is the lowest point on the
continent.
c. Mueller. E. NJ, is in Sinaloa, Mex
leo. to examine some gold mines for
Los Angeles parties. DIR. Mueller Is
one of the pioneer mining men of Altar
district of Sinaloa, having worked the
El Plomo mine as early as 1873. lie Is
now operating in Mohave county.
Capt. J. r. De La Mar has forfeited
the $4,000 paid on his 100000 bond on
the Kane Wonder mine in the Funeral
range. and the property is reported to
have been taken over by the Guggen-
helms on May 1. 1t will be remem-
bered that De La Mars expert, Cohen,
turned down the Mizpah of Tonopah.
The supreme court of Montana has
| again decided that f. Augustus Heinze
is the rightful owner OF the Minnie
Healy mine in Butte. The title to the
mine has been in litigation since 1896.
Heinze has spent million dollars 1t
is claimed, in defending his title to the
mine, while the Amalgamated Copper
company has spent $25OOO0 trying to
wrest 1t from him.
The Bunker Eill & Sullivan mine at
Wardner, Idaho, for the second time
this year has raised its monthly divi-
dend to $4,000, distributing that sum
Thursday last week among it's stock
holders. This makes total dividends
of s525,O00 paid since January l., and
$2,796,0 900 to date.
Thomas Lawson, author of "Frenzed
Finance" hitherto little known in any
mining field except copper, is turning
silver and gold miner and has just ac-
quired two rich properties in the Uri-
fue district of Northern Chihuahua the
Santo Reyes, a silver mine, and Ell
Pilon, a gold property. His son, Ar
mold Lawson, is now at the properties.
The properties are remote from the rail.
road and have hitherto been worked
but little because of this fact. Mr..
Lawson proposes to construct a tram
way to the nearest market.
Four feet of ore that will run 5000 a
ton and a streak that goes better than
$4,000 is what the Techaticup mine at
Eldorado now has in the bottom of the
main working shaft. 1t was while re-
moving a hump, in order to straighten
the shaft preparatory to starting the
gasoline hoist, that the first rich ore
was discovered
being rapidly dismanted preparatory
to it's being hauled to the Vonich mine
in Calaveras county. The contract for
hauling the forty stamps has been let.
An interesting exhibit in the mines
and metallurgy building at the Lewis
and Clark exposition, which will open
on Thursday, June l. is now in course
of construction. A miniature mount
ain is being constructed for the pur-
pose of showing methods of coal min
| ing in Washington. The mine will be
tunneled and a miniature car will run
around the mountain and through the
tunnels. The mountain is thirty feet
long by twenty wide and is fifteen high.
The Southwestern Securities COM
pany has made it's advent into the
Searchlight mining district. This Los
Angeles corporation has acquired con-
troll of the Searchlight CopperGold
companys property and is negotiating
for various other mines. If the pres
ent plans are carried through the COM
pany will shortly be one of the largest
operators in that section.
Representatives of the company in
Searchlight last week were Manager
n. F. Wilson, Attorney H. T. Morrow
and o. B. Steen, field expert. The two
former returned to Los Angeles on
Monday, but Mr.. Steen will remain on
the ground for some time. The Search
light Copper-Gold property is about
eight miles east of Searchlight. The
group comprises seven claims, on all of
which development work has shown
good results.
Clark Plans Improvements
Preparations are under way at Sem
ator w. A. Clark's United Verde prop
erty for the addition of about fifty feet
to the smelling plant. This addition
will be erected at the east end, where
ground has been made by the dumping
Of Stag. In fact, the larger part of the
entire smelter stands over the old Stag
dump.
The improvements will consist of a
new 500 ton furnace with two new con-