Los Angeles herald., 1905-06-19


ers will be started in few days.
After the repairs that are now under
way are finished the mine will be in
better condition than it has been for
years, as far as safety is concerned,
for It is said the fires that have been
burning in some of the lower levels
for years we're completely smothered
by the recent cave, so that now the
heat Of the mine Is considerably less
than formerly.
Among searchlieht Mines
The Pittsburg group, comprising six
claims and located about mile and
half north of the Wall Street at Ell
dorado canyon, has been sold by A. e.
S. Price to A. M. Jones of Los Angeles
and A. Taylor of Chicago.
II. Amos Perkins, who since the date
Of its organization has been general
manager Of the New Era Mining COM
pany, has resigned, and has been sue
ceeded by President DR.. w. r. Gose-
wisch
The stamps of the new O'Conhor
mill at Juniper camp will commence
falling next week. The first ore to be
run will come from the Chiquita mine.
located about one mile west of the
camp.
From four and one-half to six feet
of solid oxide ore Is what the Gold
Coin Mining company has on the 100
foot level of the Sazerac mine at Du-
pont. Encouraged by this fine show
ing the company has just let an ad-
dltional fifty foot contract for drifting
on this level.
Within the next few days the Quar-
tette will begin shipping ore. About
$50 tons will be sent to the smelter
every month from now on Only such
ore as comes from straight develop
rnent work on the lower levels will be
handled.
A reorganization of the board of di-
rectors and officers of the Cyrus Noble
company has recently been ef-
fected. Judge Geo. e. Otis holds the
presidency and J. j. Pendegast takes
| charge as general manager.
Some weeks ago in the west stope up
from the first level ore was found in
the Sazerac that assayed as high as
$13,S0O. Last week another pocket was
discovered, the richness of which
makes the former strike look like
thirty cents. The ore Is all specimen
rock and is beautiful. The gold is wiry
and Is shot all through the rock.
The Searchlight mine, belonging to
the Duplex company, is practically un-
watered, but two feet of water now
standing in the shaft above the floor of
the level. During the eighteen months
that the mine lay idle the water filled
the 1880 feet of workings on the bottom
level and rose to a height of -95 feet in
the shaft. 1t has taken six months of
continuous milling to use this vast
quantity of accumulated water.
A deal has been made on the Ophir
group, which forms the east extension
Of the American Girl. The owners, e.
K. Woods, Chas. Vanian and E. B.
Scott, have given a sixty days con-
tract agreement to w. F. Smith, J. W.
Daulton and q. J. Strodeloff, all of
Los Angeles. The holders of the con-
tract intend to form company and
operate the property.
Activity Around Yreka
The Yreka (Cal) Journal says that
the necessary lumber for the new
dredger at the Foster place in Yreka
creek, between Yreka and Hawkins
vii arrixy Jac CT
of construction is progressing rapidly.
II is expected the dredger will be in
readiness for operation toward the last
of July.
A new company has been organized
and Incorporated to work the Spring
Yreka known as the Spring Gulch
Tunnel company, with P. Chapell ]. E.
Pollock, e. K. Leavitt, e. Happier and
M. Swacker as directors. The company
intends tunneling into the Humbug
mountain at the head of Spring gulch,
where a good ledge exists, with pros
poets of also securing a greater sup
ply of water, to prove valuable in work.
ing the claim.
Greene Copper Profits
In his report for May to the stock
holders of the company, President w.
c. Greene says the production of copper
from the mines of the company at Can
anea, Mexico, for the month was
5,S69.0OO pounds, containing as BIZ
products $500 ounces of silver and
292,593 ounces of gold. During the
month the company sold S,S69,0O0
pounds of copper at an average of
1887 cents per pound, representing
practically the amount of copper on
hand unsold.
At a meeting of the directors June 3
dividend No. IL of $945,6OO, being 40
cents per share on the capital stock,
was declared, payable June 20, making
an aggregate of $2,S12OOO in dividends
declared.
The reduction in the mining tax
under the new mining law of Mexico
from $40 to SO per pertenencia will
effect saving in the mining tax on the
property belonging to the company of