Bisbee daily review., 1907-02-24

the mining field. For nine years past Mir. Mckinley has been quietly at work on the property. which is located gave evidence from the time of his first acquaintance with 1t of being richly mineralized. Almost single handed he carried forward the develop ment work, proving up every portion of the claims, and securing the evi- dence which would justify him in the organization Of a company capable of operating on an adequate scale. About l 1000 assays were secured running all | the way from sf to 32000 to the ton fn | gold, the general average of them be- l Ing about $60. The Mckinley Gold Mines company of Ioise City has now been incorporated. and no doubt will soon be making a record for itself among the successful producing com panies of southern Idaho.
 CrippleCreek. Colo.--In the Delmon. leo, Stratton's famous mine recently acquired by the Consolidated Copper Creek Mining company, a big phono-
 lite dyke has. just been encountered on the GOO foot level As soon as this dyke
 cPabe prosrac acted 1t will undoubtedly show a rich ore chute, as it Is the same dyke which has already produced hundreds of thousands of dollars in the Deadwood and Vindicator mines adjoining the Delmonico. The Delmon- leo is being rapidly equipped for large ooeration: cars are now running
 through all parts of the mine: and
 drilling Is going forward at the rate of
 four feet CT more daily.
 Cheyenne. wyoming.-The coming
 months are likely to witness some sur
 nrising developments in the placer
 fields along Douglas Creek in Albany
 county of this state, as several large
 dredging companies are now about
 ready to undertake very active opera tions. and 1t has been conclsively dem. onstrated that the district is heavily mineralized. Thousands of acres of these placer lands have already been taken up. of which the mineral depos-
 it5 are stated by experts to he in the Ineighborhood of s20.000, 900. The Amer ican Gold Placer Mining company is soon to install very powerful dredse upon it's placer lands, and large results
 may be looked fer.
 BO6IDn. larity of copper shares with the invest ing public has brought about a notable change in the attitude of the leading
 Boston banks and trust companies towards these securities as collateral
 on loans The very best banking houses are now giving to copper shares
 much more favorable consideration than hitherto. Of course the prime object of this policy Is to maintain a hold upon a large volume of good business which otherwise would go to New York. It is evident that Boston is determined to keep her leadership h the copper share market. Another notable fact which has lately become. apparent is the growing popularity of
 unlisted copper stocks throughout the East. Such companies as the Penn Wyoming, the Mansfield, the Verde Grandc, and various new Greenwater enterprises have found ready sale for their shares in Boston. New York,
 and Pittsburg. and with prices for con. per the metal holding steadily around
 25 cents and likely to go higher it is now generally realized that the oppor- tunity to secure an interest in new proIcuing copper mine at the ground floor price is well worthy of consider ation.
 Baxter Springs. Kansas.-The pre- vailing price of lead ore in this dis trict is sSS.25 per ton, while lead ore finds a ready market at $50 per ton. Efforts of buyers during the past week to lower these figures have been uni formly unsuccessful. Shipments from the district are now of unusually large proportions. owing to the favorable weather and the relief in the railroad situation, cars now being available with but little trouble. The produc- tion and valoution from the district since January 1st has amounted to s2.353.154.
 Central City. Colo.-The Hampton Consolidated Mines company, recently is preparing for very much enlarged operations rA their property in Russell Gulch. The Hamp- ton mine has hitherto been known as a producer of good capacity, hut it's operation has been on small scale with an equipment hardly adequste to the richness and extensiyeness of it's ore veins The recent draining of the mines of the district, including the Hampton, has encouraged operators to renewed activity; and the value of such great engineering works as the Newhouse tunnel Is now coming to be fully recognized.