Custer weekly chronicle. [volume] (Custer City, S.D.) 1890-1931, 1907-02-23
CLOSED TIE DEAL.

The deal that has been pending fol
some time between Frank Hasselstrom
and John B. Cooke of philadelphia, over
one hundred acres of the formers home.
stead, was consummated this week. Mr.
Hasselstrom receiving therefore $1,000
The homestead is situate near the old
Cowboy tin claim and comprises within
its boundaries the old Coats tin claim
which when first discovered was consid.
cred among the best tin prospects in the
district. That the purchasers made the
purchase more for the purpose of secur.
ing the tin ground is more evident from
the fact that a settlement was affected
with the Receiver for the buildings and
timber that had been placed there by
the Harney Peak Tin Company The
parties we understand, will be here in
the spring when we may confidently ex-
pect TO see work started on the old Coats
tin claim,-HiIl City News.
THE SAGINAW.
Mr.. l. w. Herber, president and man
ager of the Saginaw Gold Mining CON-
pany, informs us that the work of drift.
ing in the mine will be resumed in a
few days. Mr.. George Good father OF
the present superintendent, Fred Good,
arrived from Denver on Tuesday last.
He has made a careful examination OF
the mine workings, has measured up
the ore bodies in sight, and tested the
quality of the ore. He speaks with en-
bounded confidence in the mine at all
points, and coming as he does from
viewing the bonanzas of Colorado he
ought to be able to tell a good mine
when he sees one. There is no ques
tion but what the Saginaw has all the
elements to make grand and profit
able mine, and as it now has ample
quantity of ore in sight, we are impa-
tient to see it equipped with the 100 ton
mill which the company propose to erect
during the coming summer. Mr.. Good
says he met Mr.. l.. p. Woodbury. in
Denver few days ago. He was on his
way to Nevada. and having now no par
ticular business to call him to this part
of the country, it is very likely he will
not visit Custer again for some time.
HOLY TERROR TO RESUME
The Holy Terror company will start
operations again in few days. Pres-
dent Morgan arrived in the city this
week from New York, after stopping a
day in Rapid City and settling the back
taxes which amounted to $4,000. This
has placed the company in a position to
begin work Immediately. All back bills
have been paid and labor claims settled
Men have been hauling wood to the
mine all this week in preparation for the
starting of the engines.
1t is not known yet whether the com
pany will begin work on the old Holy
Terror or the Keystone mine. An ex-
pert is here looking over the situation
and it will be decided in a day or two
on which mine work will begin.
The old Holy Terror is the richest pay
ing mine in the Black Hills and its shaft
Of ] 200 feet is next to the Homestake,
the deepest. 1t will take a good deal OF
pumping, however, to get the l,l00 feet
Of water ont Off The keystone mine,
while not so deep has practically all the
same ore and is in good condition to be
gin work.
The starting of this famous mine will
itself give employment to a large army
of men, and with starting of several
other big mines here (for we have the
best of reasons for believing that they
too, will start in few weeks Keyst one
will be the biggest producing camp in
the Hills.--Recorder