Gilpin observer., 1907-02-21

The Elkton Consolidated Mining &
FILLING Company has declared the reg.
ular dividend of cent share, in addi
ton to an extra disbursement of one
Ealf cent share, the total being
1900. The dividend will be paid
February 25th to stockholders of rec
trd February 14th.
There is reported a rich strike on
block 191 of the Stratton estate on
Bull hill. Cripple Creek. Lessee w. E.
Driscoll is said to have opened a
twenty-foot vein at sixty-five feet, the
| returns running from $50 to 800 per
ton. The ore is said to have every in
dication of permanency.
The Esperanza mine, Mexico, partly
owned in Denver and managed by Will
lis e. Hindry of Globeville, graduate
of the Colorado School of Mines, class
OF 1892, paid 10000 in January on its
! issued capital of $2,275,OOO. 1t has de.
olared to date $5,507,77 in dividends,
;'nd is the best-paying gold mine in the
world.
The new mill on the Buena mine, at
| jamestown, in Boulder county, has
started, and it is said to be doing good
work. The mill is the largest in this
county and covers several acres OF
floor space. 1t will be used mainly to
treat ore from the Buena mine, which
has q large vein, in some places the ore
being mixed with the rock for width
Of forty feet.
That mining company has no right
to use or to interfere with a tunnel
constructed in its own grounds by an.
othel mining company under a con.
| demnation suit, was the decision
| handed down by the United States
Court of Appeals in a California case
On the 10th inst. The case was that OF
A. A. Hendrick and Charles NJ. Baillee
against Peter Larson and Thomas l..
Grenough.
The famous Bassick mine, in Custer
county, has started several shipments
IN the Salida smelter since resumine
operations. This is the mine which
made Silver Cliff famous. A new boiler
has been installed at the Pull Domingo
lnine. John Calderwood has resigned
as superintendent of the Little Ber.
nice mine and will devote his entire
time TO the Bull Domingo. The Silver
King Mining Company. owning a group
I
Spaulding, is preparing to begin opera.
lions on large scale. Surveyor l.. E.
liineman has completed new survey
of the property, and shaft house and
steam hoist will be installed at once.
A boarding and bunk house also will
lie erected.
The Breckenridge correspondent OF
the Denver News says: Zinc-lead ore
Is being broken in the Wellington at
the rate of seventy-five tons a day.
Charles s. Downing, vice president of
the comrany, has returned to head.
quarters In Denver after concluding an
inspection of the new equipment. He
states that the mine is a satisfactory
performer. Thirty men are engaged in
advancing drifts and crosscuts and in
stoping. If the entire force was con.
centrated in the slopes he feels salts.
fed that the output would be 200 tons
instead of seventy The company
has no desire to stope beyond its con.
tract with the treatment plant. Salts.
factory results, 1t was learned, We're
attending treatment at the works Of
The Colorado Zinc Company. The zinc
company is giving the concluding
touches to an addition. an increase In
tut CdpdCity vi tne pidHt HAVING Dtcu
necessitated by the Wellington move
mehis.
The importation of zinc-bearing ores
from Mexico and British Columbia has
increased to such an extent that the
collector of the port of Denver has
opened branch Office in Canon City
for the accommodation of the Empire
ana United States plants. which han.
die zinc and lead ores ntransit. That
is, they take out the lead and the zinc
and then ship the base bullion out OF
the country, minus an allowance OF
ten per cent. for loss In treatment
Where the lead or zinc is sold in Amer.
lea the regular duty is paid on the raw
ore. The duty on zinc ores has been
disputed for some time the mine own.
ers insisting upon full rates under the
Dingiey tariff. and the smelters upon
liberal construction of that act, un.
der which zinc In ores comes In free
of duty to compete with the home pro.
duct. In New York on the 7th inst
It was decided that both the silicate
and carbonate Of zinc should be ad
mitted to the United States free OF
duty instead of being assessed at
twenty per cent. ad valorem as held by
the United States surveyor at Kansas
City. The board OF appraisers ruled
that slllcate and carbonate OF zinc
should be classified as calamine. In
the same decision the board held that
sulphide of zinc Is not n metallic sub.
stance, within the meaning of the law.
and that 1t also should come into the
country free OF duty as crude min