Los Angeles herald., 1905-05-01
Largest Placer Company
Taken by American
Corporation
FOREIGNERS MAKE
FORTUNE BY SELLING
More Angelenos Find Mining
a Profitable Field for
Investment

the greatest hydraulic mine in the
world, has changed ownership. East
ern people secured the property and
will enter into possession today. This
Is regarded as the most important
mining deal ever consummated in Trim
ity county, California.
owing to the large scale upon which
1t has been worked the LAGRANGE mine
has the reputation Of being one of the
greatest, If not the greatest, operating
placer mines in the world and is fire.
quently visited by men from all parts
of the world interested in learning the
latest developments in hydraulic min
ing. 1t is equipped with all the latest
appliances, some of the most efficient
of which are the inventions of Superin-
tendent Bouery, and the proposition of
moving large bodies of gravel and ex-
tracing the gold therefrom in the most
economical manner has been reduced
to science.
The mine proper has been worked
for many years, the original owner.
James Ward, selling out to the Trinity
Gold Mining company in the later '70s.
This company worked the property
with varying success. Although recog
nizing the quality and extent of the
gravel the company was not able to
bring on sufficient water to work the
mine as it should be, so in 1892 1t sold
out to Baron Ernest de LAGRANGE of
Paris, who formed a corporation which
has since managed the property. The
L1,,tI 3,.1r 20
the Chaumont Quitry ditch to Rush
creek largely increasing the water
supply. Later this ditch was extended
to Stuart's fork, supplying an ample
water supply. This ditch with it's
fumes, pipe lines and syphons is one
OF the marvellous hydraulic engineering
feats of the state. The mine was
thoroughly equipped and yearly i'm
provemsnts were added until it's pres
ent condition leaves nothing to be de-
sired. The company since the pur-
chase has added largely to it's holdings
and now controls a large amount of
gold bearing gravel that will take
century to work out.
The price for which the mine sold is
a matter of conjecture. Remember
ing, however, that $225, 900 was paid for
it, that 100000 has been spent on i'm
provements; that it has been yielding
100000 a year for ten years at little
expense and that its great resources
show little signs of exhaustion, it is
safe to say that the greatest hydraulic
mine in the world has not been sold
for less n few million dollars.
Drains Great Prieta
B. Gh - sof Los Angeles, California,
has ts Al charge of the famous Prieta
mine, in the Parral mining district,
Mexico, and will at once install pump
ing outfits. The work of pumping will
begin as soon as the machinery now on
the way is received and placed in posi-
tion. The Prieta is one of the oldest
mines of the Parra district, yet several
failures have followed repeated efforts
on account of the difficulty encountered
in handling the water. Mr.. Gilpin goes
to- the property prepared to overcome
this difficulty and determined effort
will be made to develop the mine on a
larger scale. The property is said to
be good one, and will pay handsomely
if the operators can overcome the water
difficulty with which numerous persons
have contended. The Parral district is
said to be looking we'll and many people
are preparing to open new prospects.
The Tennessee G. California Busy
The Tennessee & California Gold
Mining company of Los Angeles is put
ting in a complete reduction plant on
its property near Indian gulch, Mari
posa county, Cal, several carloads of
machinery and lumber having already
been forwarded. The equipment con-
sists of 10-stamp mill, concentrating
and large hoisting and pumping plant.
The work is under the supervision of
the Eddie Engineering Company of Los
Angeles. The company expects to be
stamping out gold by July 1. The COM
panys property is known as the del
Oro," and is said to be one of the most
promising in Mariposa county, one of
the largest gold producing counties in
the state. The ore is "free milling"
both oxides and sulphides, yielding SO|
per cent by amalgamation. Assays
give from $3.50 to $4,000 gold per ton,
while two carloads shipped to smelt-
ing companies yielded respectively $3256
and 5000 a ton. With apparently in
exhaustible supplies of paying ore a
complete up-to-date plant and good
management, the Tennessee & Cali
fornia bids fair to take rank among
the many large dividend payers of the
Golden state. The officers are G. A.
Guenther. president Il. C. Eddie, secre-
tary; Sam c. Roney, treasurer, all Of
Los Angeles.
l Yavapai County Mines
With the opening OF spring there
homes greater activity in the mining in
lustry throughout Yavapai county, Ari-
l L.. bout lfvaI,K . .4s1.. "a