The San Francisco call., 1905-04-22

official regulations. In part Leseep
says:
There is one interesting point in reference
70 diamond mining in the Transvsal. and that
is the recently enacted diamond law. The Gov
ernment has taken 90 per cent of every dia-
mond mine discovered in the Tranevaal. leaving
the owners 40 per cent. AS consequence of
this profit Of Rl3Tl .S75. which the Premer
expects TO make this coming year. the Gov
This is law that has been enacted since
the advent of the new Government and applies
paid by the gold mines was In 1898. amounting
70 "a. 500. COO The Government gold tax is
10 per cent OF the profits. That means s4so 900
Tcensyaal gold mines when they produce about
Rle. 900 900. as they did In 1895 and Will do in
Now, out OF one diamond mine the
Premier. last year, the Governments share is
s2oooo, or almost as large an income as
biasd.
Go not think It is 100 much to anticipate
nat inside OF two years the income Of the
Irnnsraal Government from this diamond mine
WI far exceed the income OF the 10 per cent
saI on profits from the entire goId-rnining in
In the matter Of this 60 per cent the old law
saxe me disooverer OF diamond mine one
had 5000 claims be would be able to take one
elgnh, or something near 400 claims. The
PUBIC could then step in and locate all the ad-
vronTd vonTn~ arss: In such case, however. they
w9uio Es nave a repetition OF the experience in
r1srIsa n.IIoeriy. namely. Of breaking the diamond
MARKET e@aln.
Ihe people WOULD work this ground. which
sos.S e eashy washed. and the market would be
noooeo with diamonds. Therefore the Gov
SrnEaent took the attitude Of saying I'VE viii
oe the public TO take these additional claims in
oFoer 20 prevent this disaster land il was
sea- disaster In Kimberly. unquestionably).
%no We VIII satisfy the owner by giving them
40 per cent OF the mine instead OF 12h per
oent reserytnE the balance for ourselves"
~ vas discussed for some time. a COM
.L1.sslon was appointed and a number Of en-
sineers we're called 10 give technical advice.
~ vas. however, finally passed that the Gov
ernment should have 60 per cent OF the dia-
naond mine and OF ali future diamond discov-
erlee- Ihey allow the owners OF the mine to
that th.T tHe ,n cost q equipment etc and af.e.
any noodhE OF the diamond market.
SEEKING FOR MEMBERS.
A strong effort will be made to in
crease the membership Of the Califor-
MIA Miners Association. The condi-
tions attending membership are as fol-
lows:
All persons. firms or corporations engaged
IN, directly interested in or friendly to the
mining industry are eligible TO become mem
oers OF this association.
The annual membership dues are: Individual
membership. So per annum: mining companies
SO per annum; mercantile or manufacturing g
nrIns or corporations in San Francisco and
industry. $50 per annum; mercantile or manu-
featuring firms or corporations in San Fran
cisco OF Los angeles friendly to. but not di-
rectly interested in the mining industry SIS
per annuTn. mercantile or manufacturing firms
OF corporations outside OF the cities OF San
Francisco and Los Angeles directly or indi-
rectly interested in the mining industry. S25
per annum.
Any county association of miners within the
State OF California shall be entitled 20 rep
resentatiou In proportion OF one representative
for each FIVE members that 1t may have; pro-
October OF each year such county association
shall notify the secretary Of this association
Of its desire for such representation for the
coming year and pay into the treasury of this
association IS for each representative that It
may claim; and provided further. that each
delegate appointed shall be an elected men,
Der Of the association.
DREDGING NEAR YREKA.
The Yreka Gold Dredging Company
has bonded land along Yreka Creek
from a point near Yreka TO Hawkins
vile and will construct a dredger to
be operated on the gravels. The same
property was formerly in bond to Bos-
ton parties. -
The Indian Creek section in Yreka
County is a center of considerable min
ing interest this season. The New
York mine is worked day and night.
The Golden Eagle is also operated
The Graham group of mines in the
Bully Hill district has been bonded to
Philip Deidesheimer of San Francisco
A new exchange has been organized
at Los Angeles to deal in mining
stocks.
The Grass Valley Union says that a
tract has come into the possession of
c. L. Garfield, situated In the north
ern part of Nevada Township and in
Guiding 200 acres Of mining and timber
land, extending three miles along the
Red Dog and You Bet channel at
Scott's Flat.
having been uncovered in the Raw
hide mine
The Miner Transcript reports that an
order has been issued by the Empire
Mining Company to shut off the water
from the Osborn Hill mines on May 1.
The story is in part as follows:
For the past ten years some OF the mines
have been receiving water from connection
with the Empire pipe but the latter company
state that their pressure is affected and that
they will hereafter need all the water for their
own use that comes through their pipe This
means much to the mines affected the princi-
pal ones being the Orleans Consolidated and
the Sulrana Consolidated The water is nsed
at these two mines for milling purposes and
the Sultana hoist is also operated by water re-
ceived from this source.
The Goldfield Sun reports that q
chlorination plant to treat low-grade
ore will probably be constructed for
Goldfield. w. H. Thacher is promoting
the enterprise.
MEXICO'S MINING LAW.
The new monetary system in Mex
| leo, which gives silver another lar. will
go into effect May /. The Mexican
mints have already stopped the free
coinage Of silver
Some of the provisions of the new
mining law Of Mexico are summed up
as follows:
Tho annual tax on mining properties shall be
regulated In the following terms (a) There
shall be paid Sc annually for each mining per-
tenencia- or 81 for each third annual payment
rnaffer what ,l.t,.