Semi-weekly herald., 1915-11-18

DSilNeI oSb says.
One OF the greatest mining booms
that has struck Colorado SINCE the
days of the Cripple Creek rush" is
now in progress. The spectacular
rise in the price of tungsten during
the last few weeks has sent thous-
ands of men to the Nederland district
OF Boulder county where 50 per cent
of the entire tungsten output OF the
United States is obtained.
In that small area, barely 40 miles
from Denver, large fortunes have been
made in the space Of few days. And
men familiar with the tungsten mar
Ket say these fortunes are merely in
their infancy; tnat the price of this
mineral is bound to go on soaring for
some time; and that 1T will never drop
back to anything like the former
price.
Conservative estimates place the
value of the tungsten output Of the
Nederland district during the last
months at from 100000 to S250,0O0.
The total production for the year 1915
is estimated at about $I250,000.
But, least these statements should
cause widespread hardship by start
ing a rush" to the Nederland dis
trict, it must be added that it is use
less for any man to go there in the
nope of locating a claim or getting
work.
Virtually every foot of land in the
district is owned by four large COM
panies. The stockholders of these
companies are, almost without excep-
ton, wealthy eastern or European
men. They are the ones who are max
ing the big profits.
These big landholders recently have
been leasing small tracts to individ-
uals for development. The lossees sell
their ore to the leasers at standard
prices, and pay royalties of from 10
to % per cent for the privilege OF
working the land.
Many men have made sums ranging
from good wages to small fortunes
through working these leases, and it
is their success that has attracted the
present rush" to the camp.
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CONDENSED COLORADO ITEMS.
Rocky Ford city tav levy is 10 and
one-half mills.
The Florence Masons are about to
complete one of the finest temples in
the state. IT'S fine looking cdifice
The squall that visited Durango
Saturday afternoon was general
throughout the state, two or three
inches of snow falling in parts of the
| state.
A woman posing as Mrs. Vernon
u. Reed victimized several Denver
stores recently by purchasing high
priced underwear, silk hose, expen-
sive gowns and furs.
| Judge Perry assessed fine of $500
and costs against Ben Lindsey for
contempt of court. The case will be
appealed and little Ben will obtain 8
vast amount of sympathy and lot
of advertising.
| Potatoes are coming up, selling
from slips to $1.45 per hundred
pounds in Denver. This indicates the
supply around the eastern part OF
the state is not as extensive as first
prices would lead one to believe.
| Pueblo and Denver are in a Kel-
kenny. fight over the location of a
munition plant. Well wager our in
terest in the Salt River that neither
place lands. Why? Because the ad-
ministration program is not going tc
be carried through.
1t is said Colorado man has beer
granted permit from the forest
service to establish skunk farm
Glad we are not in on the deal. We
have had all we want in trying u
kill varmints after chickens the pas
few years while earning an homes
living on ranch.
The Great Western Sugar compan,
is planning the erection of three o.
four additional sugar factories pro
viding the present tariff is retained
by congress-that is, the free claus
repealed. Where, oh, where is Ware
Darley, the true and only great MAJ
in the world.
Il In the hearin0 wherein the WalI