New-York tribune., 1907-11-25
NOTES FROM THE MINES

NOTES FROM THE MINES
After six days OF tuning up and testing vo.
the new concentrating plant Of the Cobalt Centr.1
Mines Company began regular operations on Or
last Thursday morning. and is now Concentrating
and crushing about nifty tons Of ore a dav I,
gradually will increase this tonnage until its 49,
capacity of a hundred tons day is reached Tn,
ore bins are full Of ore OF all grades. and It viii
be the aim Of the management to keep at Ieast
three months supply ahead There is now ahou,
$4,000 worth of ore in sight and work on H.
Big Pete mine has reached such advanced stage
that the mining force will be- able to keep well
ahead OF the mill and at the time contiuus
the development OF the Gamey mine, which Is ona
OF the most promising Of the company's Other
properties. The Gamey shaft is now down mora
than twenty-five feet and is in a fine body OF ore
recent assay OF new cross cut vein encountered
the the aofoot level of the Big Pete sixty feet
from the shaft. shows ASS ounces OF silver to N,
ton.
Howell Kinds. under whose management the Old
Hundred mine Silverton Col. develope5
into One of the big producers Of the Colorado rold
district in the city last week. Mr.. Hinds is
optimistic as to the outlook for the mining in
dustry in the next year. He says that the pro-
ducers of gold and silver have nothing to fear from
the Industrial depression, there ia always a
market for their product He adds that the stock
market depression has proved a blessing in dis
guise 1t has compelled the mining promoters
to turn their attention from stock market exploit
tation to the legitimate development OF their prop
critics.
Senator Nixon. of Nevada. will be in New York
to-day on business connected with the Goldneld
Consolidated Mining Company, in which he is
heavily interested. The big mining companies OF
the Goldfield district, such as the Goldheld Con-
solidated, the Daisy and the Florence, have all
stopped shipping ore owing to the advance Of rates
f4arr- ale.
to pay their men in checks temporarily. They have
abundant means. but the banks are unable TO fur
nish currency. Development work on the Daisy Is
being pushed with redoubled energy since the
suspension of shipping. All the companies are
using their forces for development, and there Is
no intention OF closing down the mines The only
way In which operations could be suspended would
be through the miners walking out The miners
object TO taking checks but it is believed that they
will accept them rather than be out OF employ
ment. as the West Is full OF Idle men,
The McKinIey-Darragh mine recently shipped
carload OF high grade ore. weighing twenty-five
tons, which yielded 200 ounces OF silver Ths
smelters charges high. being 500 to the ton.
Freight charges were S5 ton and expenses $50
a ton. The net profit was s4s075- Operations on
this property have been better recenty 1T 10 being
worked we'll. and developments show that there
is a great deal OF high class ore on the companys
claims.
report has been received by the Tri-Bulion
Smelling and Development Company from the ST.
perintendent of the Kelly mine that at a depth
of 13 feet in the Nit shaft heavy body of sui
phide ore has been struck. This is the third or
fourth body Of encountered In this shaft since
work was begun, about three months ago.
The production Of zinc for the current ten
months from the Joplin mines amounted to +sS
s221SO pounds which sold for H1.ITs.O51, and 7S
10 500 pounds lead. which sold for S26s03o5 on
account OF the prices most OF the mines have
either had TO curtaii stop production altogether
this being particularly the case with lead
The Parral mining camps approximate produc-
ton shows for October total Of 4o,SS0 tons 10
$50 tons having been shipped TO sInelters and Is
OsO tons treated locally. The production for the
last week OF the month was 1910 tons. OF which
3.15o went 10 smelters and 400 treated To-
cally.
The mines of California have produced from 1ssS
10 1906 gold valued at s1452sS7. OF this total
oue-half produced between 1913 and 1s52- The
largest output for year was that OF 1852, with
ISL 9O4SIS From that record the output has stead
lily fallen away.