The San Francisco call. [volume] (San Francisco [Calif.]) 1895-1913, 1906-12-12

formed extensive DEVELOPMENT work,
and at depth OF zoo feet has opened
ledge thirty-hve feet wide of good
milling ore. the values running as high
as s97 per ton This ledge runs di-
rectly into the Rockford ground. where
good values have been found near the
surface.
BLAIR LINE TO Ida
The Pittsburg Silver Peak Mining
Company, which owns big and valuable
territory at Blair and built the railroad
to Blair from Coaldale, is planning
the extension OF the line to Ida. Man
ager NJ L Efinger of that company
says that II the tonnage from Ida viii
justify 1t the extension will surely
be built The distance is only about
twenty-five miles, and there Is but one
bad grade TO be overcome. Some OF
the stockholders of the Pittsburg Com
pany are heavily interested at Ida. and
have confidence in the future of that
camp
This company owns the old Drink
water mine. which has paid s1.000.000.
J and Is likely to pay several millions
more. At the time IL was paying big
dividends it was many miles from
railroad. and 1T Is still using the old
mill operated by the former owners
and leasers. but has recently placed
an order for a mill Of 100 stamps ca
pacity for immediate delivery. There
is a big tonnage of ore on the dumps
ready for treatment upon the arrival
of the new mill.
The double compartment shaft Of the
Simmerone Leasing and Mining Com
pany has reached depth of thirty-five
feet. and the operators are daily sx-
pecting to receive notice OF the ar
rival Of their hoist. which has been
shipped, along with a carload OF ma
chinery for Malcolm MacDonald's Ks-
witch mines. The shaft is being sunk
near the junction OF two well-defned
lodges. both OF which have been pro-
ductive of good ore on adjoining prop
critics. Works. also being prosecuted
in a drift at the bottom of the 115-foot
incline shaft on small vein of good
ore.
GOOD ORE IN sIMMERONE
Something over year ago the Sim
merone mine made a record for itself.
some of the richest ore ever produced
in the district being taken out and
shipped by express. At that time a
high board fence was erected about the
workings to exclude the curious. The
rich. shoot was followed for over 100
feet below the surface and there is
still some good ore in evidence. In
addition to the lease. this company has
block OF eight acres adjoining the
Simmerone. upon which development
will shortly be begun
Many OF the leases IN the Goldheld
district are proving valuable acquisi-
tions to their operators. and some OF
them may be depended upon to add ma
terial1y to the output Of the camp and
to. the value of the properties upon
which they are working at an early
date On the Blue Bull. c. o. D.. At
lanta. Red Hills, Florence. Wedge.
Silver Pick. Jumbo. Daisy, Mohawk and
Combination Fraction many OF the
workings are In material similar TO
that Of the best mines, and at any
time may open bodies of picture" ore
The system OF leasing formerly In
vogue here has been superseded by one
which incorporates the most stringent
requirements regarding the manner Of
working the properties and which In
sure the thorough development at
depth of the ground leased
At meeting held yesterday Of the
board of directors of the Frances
Mohawk Leasing and Mining Com
pany resolutions were adopted provid-
ing for the payment OF dividends at
the rate OF 40 per cent per annum-
quarterly dividend of 10 cents per
share was declared payable January 1.
The Mohawk Mining Company. upon
whose ground this lease IS operating. In
an official statement credits the
Frances Mohawk lease with the gross
production. since last July and up to
the goth Of November. Of $993.5OS.06.
besides ore in transit to the value OF
5000, 000 The company has paid two
dividends, one Of $4,000 and one of
SOL 600. and has almost a carload OF
rich ore stored in the vaults of the
state Bank and Trust Company valued
at $500, 900. OF the total capitalization
81 600 shares have been issued. Nine
hundred tons Of high-grade ore were
shipped during the past week
Maine has thirty-one prisoners serv-
ing life sentences for murder in the