The San Francisco call., 1905-03-18
FIND NEW GOLD BEARING
LODE In CALAVERAS
Several Mines Will Be Developed as
the Immediate Result of Discovery.
Oil Producers Prospects Are Poor

A new lode of gold bearing quartz is
reported as having been discovered in
AltaViIIe CoIaNeras County. The
Mountain Echo reports that the place
where the discovery was made has
been scratched over for years. but net
down deep enough. The lode is eighty
feet below the surface Several mines
may be established within the year
by reason Of the discovery. The Echo
says:
about tour feet al depth Of eighty feet from
fhe surface and IL descends in Widcns.
sno the lode sn extensive and perms snent one
The Gre resembles that taken from the famous
cld Utica mine. hut is richer in free gold and
@oil bearing sulphurets. Lewis Lane has So
cured l5-days option on a cash bond from
j. F. Handy Jr and Joseph Monteverda on
north extension OF the Port Arthur mine. The
turther extension on the north of the Ham
hs'-MonteVerds claim is under bond To joel
T. Handy sr. secured from J. p. Marchai :
Npna 70 Joei , Handy sr, - ais, secuIsu
rom 3 r. Prince. A syndicate is now nego-
tiating with Joel r. Handy ST. for all the
property under his control.
The Redding Free Press reports that
important developments are expected
. i'm the CenterVille and Muletown dis
tricts, Immediately south Of and ad-
joining the Lower Springs district.
The Scott Valley Advance reports re-
2arding mining operations in Sishyeu
County as follows:
The Wright and Fletcher mine adjoining
rhe Gardner snd Esstiick property. Is running
llll time. New gravel bodies have been struck.
John Hamilton has bonded his quartz mine at
Gro Elmo TO san Francisco, Spokane and Sc
aUrle parties. The Morrison and Carlock mine
DiB install machinery TO sink 200 feet
on the vein The hydraulic mine Of BrokaW
A. 20. is having success Work has been start
Cd on the Advance mine in China Guich by
BrckaW- The Medina Mining Company is rub
bing Burleigh drills at the old johnson mine
al orc FinO.
The Yreka Journal also says OF Sis
kiyou mines:
several quartz ledge locations have been
made by different parties near Happy Camp,
but how extensive and valuable they may
prove remains 10 be tested by further devel-
omen II Is rich mining section, but
mostly OF placer and hydraulic mining. There
can be no reason TO doubt the existence Of
good quartz ledges there.
BAD OUTLOOK FOR OIL.
The prospects of the southern oil pro-
oucers are reported to be gloomy The
Los Angeles Times says that with IS
per cent Of the fields signed over to
the association there is but little pros
pect OF getting q market Discouraging
answers have been returned by the
Associated and Union companies, the
largest marketers in the field. In part
the Times says:
TIE market is limited by the ability to trans
port OIL II il were limited only by the de-
mand for fuel all over the Rocky Mountain
region there would probably be another tale
10 tell Through Utah. Colorado. Montana and
the great mining regions the use OF oil would
b as readily adopted il has been in Ari-
zona and on the coast. but when railroad
rates shut on business and force I'D prices
even As near to home Nevada II ie easy
- see the result The action OF the Southern
haclne- IN raising rates to Tonopah exactly
l"v per cent is a very plain examule Of this
The smelling proposition in Califor-
MA is now made interesting by reason
of the Interference from the outside.
p he permanent injunction against the
Mountain Copper Company may event
UallE close every smelter in the coun-
-. The injunction suit was begun
when the company roasted ore in the
open air. This method was abandoned
when cheaper and better process was
invented TO get the sulphur from the
ore During me last four years the
only smoke at the smelling plant has
come from the smokestacks of the fur
naces The point in favor of contin-
uance of work at the other smelters
ln shasta COunty-the De La Mar,
Mammoth and Afterthought-is that
they are situated more remote from
agricultural and orchard regions than
the smelter at Keswick. The Mountain
Copper Company will take the case to
the United States Supreme Court The
Vallejo Junction smelter, owned by the
Selbys, is also to be attacked, proceed
ings having already been instituted
against the Selby Smelling and Lead
Company. This smelter, like the plant
at keswick, has been operated for
long term Of years.
The immediate outcome Of the order