The sun. [volume] (New York [N.Y.]) 1833-1916, 1905-05-08

value The average value OF the cyanide ore
hslG Mari % Il pfT .Sn property Is in large
PefnASsh isy4 Eight isst q m9fkeiable ore
claim on Beacon Hin. Much native gold
shows IN q new chute In the Ienobia claim on
Bull Hill. Values range from $50 70 800 per
The Newton Annex mill Of 2j0 tons daily
capacity has been started IN the ldAhO HpTlhgs
district The Gem mine win supply ne ore
20 keep II running az present. The MIL was
originally patterned after the Homestake ~
South Dakota. The ore IN the lower working
necessitating concentration. For some time
past a strong force has been Installing con
The old Aspen mine. sllverton district. is
being cleared for reopening. Exten4Ne
Years ago the mine was q great producer;
The GugRenheim Exploration Company OF
New York y the owner. -, .,..-.,,. 40, ,,.
Magenta Turner lode. now penetrates Ne
publican Mountain, 700 feet 4 power plant
L 10 be built near the mouth Of the tunnel
The Comstock lode, Idaho Springs district.
may soon become a good mine. he claims
cover goo feet OF the Gem, Dove s Nest ana
them A 400 foot shaft At the east end has
been productive for years. Recent reductions
In treatment, charges have made great ore
reserves marketable.
UTAH.
SALT LAKE. May ]. From reliable New
York and Denver sources II Ia learned that
AUlOTuQO
lined plan involving the expenditure OF
g. 900 90 to be used In building an immense
blast furnace at Green RIVER on the main
line Of the Rio Grande Western Railway.
The cUmpauy's intention Is 70 make pig iron
on an extensive scale from the immense and
rich deposits Of Iron county.
The production OF copper bullion In tie
state for April rose 20 n total OF 6.i4O,VO9
pounds, breaking all past records, Tie
house mines In Beaver county and tue tah
Copper properties. Bingham. Preparations
for an increased output from these sources
The min at N-NhOuse Is handling co.. tons
Of ore from the Cactus every day, and putting
out 100 tons OF concentrates in the same time.
A representative OF the Allis- Chalmers Com
pAny has been testing the Hancock Jigs on
these ores.
BUlIE. May The Berlin Mining Com,
pAny, which Was recently Organized anu
acquired a number Of copper claims near We
chased a hosting plant and will have II la
place IN Few weeks, when the work Of de-
yeloping the Berlin properties VIII begin;
The company II well financed and lts ground
Is ia an excellent 10, Atty.
There Is AGAIN a very strong impression
ing litigation between f. Augustus lteihTe
and the AmHlgAmuted Copper company
may soon be settled through mutual CON
Cessions For eight years he war has been
carried on IN the courts and in state. county
and city politics. al cost Of many millions
to the stockholders OF the Montana ore Fnr-
and other HrinZr corporations, aud millions
more 90 the shareholders OF Anaconda, Bo~'
ton and Montana, Colorado. Parrot, NaahOe
and Butte and Boston concerns Of the ANAL
gGmHted Copper Company. The only dOuh
cast upon the latest report u because OF the tat
that IL comes from HeiuZe sources, from Wllth
ein0 mated previous TumOr- Of pending settle
lnents. The recent decision Of the supreme
Court Of Montana SWING MT ileinIe Tue
and HE success IN local politics may have hAd
some influence 10 reNiving the report u
The gradual rise IN Anal gamsted stock is
fully Justified by the condition Of Amalga,
mated properties aud the Development Of
new ore reserves and the Intention OF the
managers OF the mines is to make new
record for he subsidiary COMPANIES TINS
year in the matter OF productlon. Inc ma,
conda mine which has at different tunes been
advertise As worked out, was never III a better
condition.
and United Copper companies nrS invest
lnent is offered ia the stock Of the North
Butte Mining Company. which las acquired
pany. The North Butte viii prove the third
largest and important mining corporation
operating Ia the Butte district.
IN THE BLACK HILLS
Lad. ). d. May = The Homrstske Com.
pauy has agAin begun the regular payment
OF 80 cents Oh each share Of stock IN monthly
dividends. This rate vas cut down to Is
cents while the company was paying for
extensive improvements. but II Is kelly that
the present rate will be- continued hereafter.
I he last monthly dividend was No SO there
having been no break in the regularity Of
payment since the nr-t dividend was paid
IN October. 1873.
The Holnestake il now reputed the great
est gold mine on earth, but II is recently
stated on good authority, that a new lulll
OF $50 stamps will he built in Lead in the near
future. This viii increase the capacity
one third. a. the company is now dropping
OuI stamps The TACT that their capacity
has never been taxed either in hosting or
ia ore production on the Lead side Of their
property makes il seems reasonable that
this increase ia milling capacity VIII ma
terially lower the average cost OF production.
Practically nothing T. now being lost ~
the tailiugs from the liomestake mills, for
after treatment by amalgamation the sand
is cyanided. and recently immense hitter
presses have been installed for the purpose
OF saving the values from the shines.
The Branch Mint Mining Company is about
TO complete its big mill at Galena This
mill was originally built several years ago
under the mistaken impression that II had
20 treat free milling ore II contains no
stamps and a. remodeled Ia al Up TO date
cyanide mill. The property Of the BRANCH
Mint company comprises that known a. the
Union Tin ground. \ marrow gaze rail
road is being built from the mine TO the mill.
Tie mine h thoroughly developed. having
over a mile OF underground workings and
several shaits the deepest OF which Is 600
feet
is being applied 70 the Bald Mountain district
OF the Black Hills on account OF its RTeal
productiyeness within comparatively small
area. The Black Hills as whole has long
been known Rs the richest 100 miles square
on earth, and now 10 the small district above
mentioned is applied the term, richest ten
square miles Within this limited area
there are some Of the most productive mines
in the Hills aud the fact that IL is compare
lively new district makes IL the more interest
ing Aside from the Homest9ke output.
nearly all the gold produced in the Hills
comes from the territory which includes
RUBY Basin. Nevada and Whitehall gulChes
and the district lying about Portland. " IL
apnroNimately two miles In width by five
miles long.
southern portion Of this tract and is the oldest
steadily producing company within the dis
10 the front 3 steady producer. The Imperial
Company has in the past year made giant
strides toward = well earned success. \
great amount ~ valuable mining ground
has been added to its holdings.
LAKE SUPERIOR IRoN MINES.
DULUTH. MINI. May 4.-Shlppers are
hustling ore down the Ia kes "a fas, NJ possible
in view Of a probab BILE shortage a. furnaces
rate than was expected. The three MPsaba
range ports M the head NJ the lakes shipped
in April total Of $4,000 gross tons. which
WAS less than half they expected 10 move
the ice conditions having kept them back /
But ore Ia now coming down 20 the Lakes !
from this range At the rate Of 100000 tons q |
DAY and Ia being cared for by the Shipping
men without trouble
Statistics Of iron ore receiving docks on
lake Erie show that the spring opened with |
q lesser quantity OF ore on hand than had /
been known for hve years. Only about /
1000. 900 tons were on hand at the opening |