Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1906-04-05

1
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The slogan in these parts is: ''Wh
Struck Black Jack % The response i
invariably, 81 did; he's all right.
who's all right ?" BLACK Jack. -
! Well drillers from all sections ada
cent are flocking into our ore fields, ant
yet the supply of drillers is not equa
to the demand.
Touching on the price of zinc ore al
exchange expresses The opinion thai
the smelter men are likely to combine
in an effort to force the price to basi:
of $40 per ton for 60 per cent zinc.
| 1t is feared the coal strike will handi
cap the progress of mining in the dis
trict to some extent.
At present the prospect commanding
as much attention as any is that on the
Harris farm adjoining our city's south
eastern limits.
stronger showing the past week. 1T is
located in the first ward of this city,
and is now to be classed among the
good ones.
Another mine, located in the second
ward, and fast coming forward for first
honors, is the Liverpool The stuff be-
ing taken out there at present is large
in quantity and good in quality.
The Tripoli is still the leader in
equipment and output. This mine is a
little world of activity in itself under
meath the surface of mother earth. A
new rooster for the Tripoli arrived in
this city Tuesday and was hauled to
the mine that day.
The McDermott company has, up to
this time, drilled five holes for the pur-
pose of testing the range, and jack has
been found in each hole. The latest re-
port is that of very rich finding
Drilling by the Advance company to
test the merit of the Little ground I'M
der lease is still in progress. Two holes
hundred feet deep or more have been
bored each showing jack, but the COM
pany, like everybody else at all familiar
with the ground, is confident there is
something better in that tract Of land
than has yet been found.
a drilling outfit to work on the Healy
proposition near the zinc works ar
rived here Monday evening.
Those of this city financially inter-
ested in drill work being done in the
vicinity of Calamine are intently alert
for daily reports.
The Peacock folks are pushing the
sinking of their mammoth shaft and
will soon install complete outfit Of
machinery.
Because of breakage in machinery.
drilling for the Police company was
temporarily suspended within the past
week. Good prices are being offered
for shares in this mine.
Both by the drill and drift process
the Homesite company has proved up
good body of jack and lead, and the
showing is stronger with eack week.
The one hundred shares "a 800 each,
placed on the market by the Hoare
mining company, will probably be all
disposed of by the time this paper gets
in circulation. 1t ought to prove a good
thing for those who thus invest.
John Ross stock has been going well
the past week. Nearly all, if not all, is
taken. Now for what little machinery
is necessary, then operations, and then
- shall we say dividends? If this mine
with its splendid bodies of rich ores in
sight wont pay a dividend at the low
capitalization of $4,000 with 1000
shares as treasury stock, where is the
mine that will?
Machinery for the Famous mining
company has arrived and is being in
stalled. This mine, located near Living
ston, is capitalized at $780, 900, and
w. A. Jones of Mineral Point owns
half of it, and will expend SIS, 900 for
developing, tbs said.
The Coker mi. e, property of Mineral
Point citizens, is producing an average
of twelve tons of jack per dav anc
about 1000 pounds of lead.
Messrs. ia mes Harris and Frank
Back. of GAINESVILLE, were in our city
/ Tuesday 70 attend meeting d thu
directors of the Slack mine. Every
thing is reported to be in first-clas'
shape and that the contractors will be
gin erecting the mill this week.
At the Raisbeck one piece of leaC
has been found which is estimated t
weigh fifty tons and is worth nearl.
| 81, 900. FIX.
| Who can estimate what the WOrlt