The Weekly Gazette from Colorado Springs, Colorado • Page 10

MINES AND MINING ON THE FREE COINAGE. Special to the Gazette. Cripple Creek, March the present time there are about 14 sets of lessees operating- on the Free Coinage estate, and six of them are on the shipping list, averaging around 200 tons of ore per month, which nets the company a. very handsome profit. The month of March will show a large tonnage, as the Shell lease on the Pinto of this company is doing considerably better than for some time, and is now opened up in a.

very satisfactory manner. The Murphy shaft is 550 feet deep, and the lessees will have an additional 130 feet of stoping ground. These lessees have a very good proponi- tion in their lease, as they are making regular shipments. They are breaking the rook ibrfe in width, and it is all good for three ounces of gold to the ton. The vein which they are working on contains a high grade streak about five inches in width, from which th 'y have received settlements in carload lots of as high as 20 ounces in gold to the ton.

Jamieson arid others, who have a lease on the Bison claim of the same company, are shipping a large amount of ore regularly that will average them about $35 to the ton, and their showing at present is very good for more to be shinned in the near future. D. N. Mercer, who has been operating on the property for some years, is shipping come ore that runs as high as 11 ounces in gold to the ton. The Free Fonage section is the busiest part of the district at the present time.

The Rnterprise Gold Mining company, operating the shaft opposite the National hotel in the city limits, is ordered a new plant of machinery to cost between $5,000 and $6,000, it to consist of two right-horse power boilers, a new hoist, good to the depth of 1,000 feet, and an air compressor, which will greatly facilitate the progress of driving and drifting throughout their territory. The shaft is now down to a depth of 200 feet and at this point the vein and dike have been opened, and drifting has been started in the vein, which is unquestionably the same as opened where the foundation for the hotel was blasted out. and from which assays on the surface gave every indication of a body of ore with depth. As soon as the new plant of machinery is installed, it is the intention of Manager Hanley to resume sinking for additional depth, when he will oDen more levels to work from. J.

W. Nesbit. of Mercur, Utah, and Judge W. C. Reilley have spent several days in the district in consultation with mine owners and managers, talking over the feasibility of erecting cyanide mills for the treatment of low grade ores at the different properties.

The Ophelia tunnel has let a contract for the lighting up by electricity of their entire workings. Also for a large machine to operate a big blower that will be used for ventilating- purposes. TRACHYTE PRODUCTION. Special to the Gazette. Cripple Creek, March Practical Mining company, operating the Trachyte of the New Zealand company on Bull hill, now has over 1,000 tons of ore broken in the workings of that property, and are still working filling the stopes with ore.

A large part of their ore in the past was treated at the Economic reduction works, but of late that plant has been unable to handle the large shipments made from the Golden Cycle and Woods properties, which has had the effect of blockading the Trachyte ores. Manager Me- Jlwee is still working a full force and thinks that the ore shipments can be resumed the first part of next week. Owen, and others, operating the Fitch shaft on the Burns of the Acacia company, made their second shipment yesterday for this week, sending out about 25 tons that will return values of $60 to the ton. Their new ore shoot is showing good values and as the present stope is nearly exhausted, it is quite probable that new work will be started within the coming week. Lynch and others, who recently secured a lease on the north end of the.

Blue Bird on Bull hill, sent out their first shipment yesterday, which consisted of 30 tons of screenings, which will run in the neighborhood of $35 to the ton in gold. The ore is coming from the 200-foot level at the old Bartlett shaft, and the vein shows some fine specimens of fluorine which carries a large amount of free gold. Whiting and others, operating on shaft No. 33 of the Vindicator, sent out a ship- vein of copper ore showing in the shaft for the last 50 feet and assays upon the entire body of ore which is three feet wide, averages 25 per cent copper and $4 per ton in gold. In the center -of the vein it is claimed that one foot of the copper runs fully 50 per cent, assays having been secured on samples broken down in the bottom of the shaft running as high as 60 per cent in copper, although the gold values remain at about $4 to the ton.

The vein is a vertical one between a granite on one side and a schist formation on the other, and the indications are that with greater depth the vein will widen out. It is expected, however, that the great body of copper will be found underneath the iron cap which will probably be found within the next 100 feet. It is the intention of the company to sink to the water level and this point is expected to be found also just underneath the iron cap. The formation upon this particular tract of ground is said to be a big iron blowout, although the same characteristics are found in the vein matter in the ent ire seel ion. The property is located about six miles northwest of Lake George.

C. K. N. SHIPMENTS NET GOOD ROYALTIES. Returns were received yesterday at the local offices of the C.

K. N. company from several shipments of ore made within the present month by Lessee Granfleld who is operating the property. From one shipment of 45 tons the Values amounted to $66.90 per ton and on another one of 49 tons made at the same date returns showed values of $59.20 to the ton. The other shipments of 49, 46 and 48 tons gave returns of $37.50, $52.80 and $55.20.

The company received in royalties from these shipments the sum of $1,816.75. The ore is coming principally from the upper levels, shipments frotn the 300-foot workings having been resumed only a few days ago and no returns have as yet been received. It is understood that there is now but little water coming into the shaft all of which is easy to handle by means of the pumps recently installed. The shaft will probably be deepened another 100 feet during the life of the present lease. DELMONICO CLAIM HAS NEW ORE SHOOT A new ore shoot is reported to have been opened in the Delmonico claim of the Union company on Bull hill.

It is said that the ore shoot has been proven for a distanee of 50 feet, and that the vein, which is three feet wide, carries values as high as $80 to the ton. The find was made at a depth of 200 feet in the shaft and the lessees are stop- ing upwards to find the extent of the ore shoot in that direction. The new shaft which has been going down rapidly, has reached a depth of 300 feet and sinking has been suspended temporarily for the purpose of running drifts and crosscuts to explore the territory at this depth. It is understood that the lessees are shipping about eight cars a month. RETURNS FROM THE LITTLE PUCK.

Returns have been received by the Little Puck company on a shipment of tons of ore by Lessees Smith and associates who are operating in the May shaft on the Climax No. 1 claim on Squaw mountain. The shipment was settled for at the rate of $65.20 to the ton. The lessees are sinking in the shaft to connect with the tunnel below and are also upraising from the tunnel level in order to make connections between the two workings. When this connection is made a depth of 300 feet will be gained in the shaft and all ore can be handled through the tunnel workings instead of being raised to the surface as is necessary under present conditions.

WEEKLY REPORT OF INDEPENDENCE. The weekly report of Independence mine for the week ending March 7 shows that there shipped 1,805 tons of ore, having a value of about $41,000, a average value per ton of between $8 and $10. The report also states that a new vein was opened during February in the 700-foot level which averaged $30 to the ton. It is the intention of the management to exploit this vein with the hope that it will prove of great value. The stock inent of one carload of ore today that Advancing of late and is will return values of about $100 to the ton.

The expect to start the work of development next week, and will make no attempt to break ore until the ore market is in a more settled condition. Dalzell and Wilson arc making a steady production from their lease on the Golden Cycle which is being operated from the north end of the Theresa ground. Today the ore bins were filled with good-looking ore and it is expected that a shipment of three carloads will be sent out tomorrow. The Rocky Mountain Leasing company, operating on the south end of the Delmonico, sent out their weekly shipment this morning of 30 tons of ore that will have according to assays, about $60 values. The work of sinking to the depth of 350 feet is nearly completed, and a station will be cut out tha coming week at this point, and levels run to the ore shoot, which is expected to be reached at the outside by a 50-foot crosscut.

Anderson and others, leasing the La Belle shaft of the Golden Cycle, received returns today from a three-carload shipment of ore netting the lessees $40 to the ton. Also a 30-ton shipment was sent out this afternoon, which will run about the same grade. SPEARFISH COMPANY TO DISTRIBUTE DIVIDENDS. D. N.

Heizer received a check yesterday from the Spearfish mine in South Dakota for $9,000 which is to be distributed as a dividend to the stockholders April 1. The dividend is to be at the rate of one cent per share and makes the fifth consecutive dividend of that amount, a total distribution of $45,000. The company is now mining and milling 200 tons of ore per day which averages between $5 and $6 to the ton. The report for the month of February showed an average value of a trifle over $5 per ton while for January it was over $6. The general average, however, for the past eight or ten months has been $5.70 per ton.

The Spearfish company has recently completed a 200-ton cyanide mill and the cost of treating the ore is reduced to less than $1 per ton, leaving a nice profit on every ton of ore mined and milled. The company has a full plant of machinery in operation at the mine and all ore is handled by an automatic process after it has been broken down. APEX COPPER COMPANY IS PUSHING DEVELOPMENT. The Apex Copper company, owning and operating properties in the Lake George district, is engaged in installing a new plant of machinery including a hoist, air compressor and drills and a good engine and boiler. It is expected that the plant will be ready for operation within the next twm weeks when it is the intention of the company to sink the shaft another 100 feet making a total depth of 200 feet.

J. K. Vanatta, president of the company, will leave tomorrow for Lake George to be gone several days to look after the placing of ttoe machinery. Mr. Vanatta (states that there is a nice quoted higher than stock in any other Clippie Creek company.

The last quotations were between $2.50 and $3 per share. Statistical Edition of Mining Investor a Handsome Number. The eighth annual statistical edition of the Mining Investor was issued yesterday and comprises the most complete and handsome volume it actually is, ever published by the enterprising management. Thenum- ber contains from 90 to 100 pages and a large portion of it is printed upon fine enameled paper, which sets forth the handsome mining views admirably. Every mining county in Colorado is separately referred to, the history of mining operations for the year 1902, with the production of the various metals in tabulated form being given in each instance.

The halftone photo illustrations include many large buildings In New York, St. Louis and various parts of the United -States, which have been built out of mining profits. Other mining sections apart from Colorado are given a great deal of space and attention. There is a spe clal article upon the gold fields of eastern Oregon while the Black Hills of South Dakota, California and Utah also come in for a large share of attention. has a characteristic letter entitled, Fleeces a and there are a number of special articles devoted to the famous mines of many states and counties.

For accuracy of detail and typographical beauty this edition of the Mining Investor is one of the best numbers that has ever been issued by publishers of mining journals. ON GROUP. Special to the Gazette. Cripple Creek, March August Flower Leasing company, operating on the Katinka group of claims on Guyot hill has ordered a new and complete plant of machinery which is to be installed over the large three-compartment shaft recently completed. The machinery is expected to arrive at any time now.

The new equipment besides the boilers consists of a seven-drill, double compound Norwalk air compressor, and a first motion hoist good for 1,000 feet in depth. With this new equipment in operation, the leasing company will in crease the production from the property to an extent corresponding to the capacity of the machinery. The conditions at the present time are brighter than at any previous time as the company has a splendid showing in the 600-foot level of the mine, w-here in a southerly drift from the shaft a large granite dyke has been cut and a fine body of ore encountered. The rock is being broken all of four feet in width, with the values uniform, and so far the ore shoot has been proved for a distance of all of 100 feet, where the lessees are now working on upraising on this shoot. The work of extneding the 700-foot level over to the ore shoot is now in progress, and is being pushed as rapidly as possible.

The War Eagle Leasing company erating at a depth of 58 feet from the surface. Is working on a vein four feet in width, which is separate from the big surface deposits, and which is return ing rich values, assays running as high as $300 to the ton, while other tests have been as low as $35 to the ton. The leasing company is now shipping about 25 tons a day to the Economic mill, but it Is expected with a little more devel opment the production will be increased greatly. Clark and others who are operating a lease on the south end of the Burns of the Acacia company, sent out a ship ment. yesterday which by their assays will net them close to $300 to the ton.

The lessees have a small streak that shows very rich values, and while the production Is not large, the grade of ore ts rich enough to make up for the deficiency In tonnage. W. S. Ames today obtained a lease from the Doctor-Jack Pot Mining com pany on the Jack Pot vein, better known as the old Davenport workings, cover ing a piece of ground from the second to third levels. The lessee will commence work Monday.

The Findley is working a full force up to date, and is sending out about two carloads of ore a day to the local samplers. PHARMACIST CO. PROVES TITLE TO CLAIM IN DISPUTE The trouble over the patent to the Pharmacist claim, belonging to the Pharmacist company, has been settled by the announcement by the government that the Pharmacist company holds the property. The question arose over a fraction of the Claim. The description sent to the government, and the location of the stakes on the claim, did not exactly correspond, which fact was discovered by parties who relocated the portion of the claim in dispute.

The government practically de rides that the original stakes hold the ground and that the slight error in survey made no difference to the title. The Pharmacist company was the first dividend payer in the district and has produced a large amount of ore and much development work has been done. Had the decision been against the company it is understood that the relocators could claim damages for large amount of ore extracted. RUSHING WORK ON TUNNEL. The regular monthly report on the progress of the tunnel being driven by the El Paso company for the purpose of draining the mines of the western portion of the camp will probably be received Tuesday by the cdmpany.

From this report is made up the pro rata which each mine that has entered into the contract shall pay, such sums being paid over to the El Paso company within a few days after the measurement is taken. The progress during the present month is said to have been greater than at any time since the tunnel was started, and a larger number of feet of work has been accomplished daily during the last two weeks than at any previous time. The El Paso people expect to have the tunnel completed several days ahead of the schedule unless some unforeseen accident occurs to delay the work. ARIZONA-COLORADO COMPANY IS PROMOTING DEVELOPMENT Reports from Globe, Arizona, state that the Arizona-Colorado Copper Belt and Gold Mining and Milling company has been developing its property continuously since last May. The property covers an area of 17 claims, or over 340 acres, three miles from Globe.

Development on the property consists of two tunnels, one 140 feet, the other over 200 feet in length, a prospecting shaft 153 feet deep, and numerous other shafts ranging in depth from 10 to 20 feet, also several open cuts. The company is sinking a double compartment shaft, which is now 50 feet deep, and the working force is being doubled at this new shaft. The property owned by this company is known as the Foree group, and is said to be a very promising mining property. Judge J. D.

Whitham of Denver has control of the affairs in that city. ARE PREPARING TO RESUME SHIPMENTS. The Telluride mill will probably begin receiving ore from Cripple Creek tomorrow, and it is understood that the Golden Cycle company will begin shipments again, after a shut down of about one week. The roasters at the Telluride have been started already and by Tuesday or Wednesday will be running on 150 tons of ore per day. The Golden Cycle company will likely ship 75 tons per day to the Telluride and from 25 to 50 tons to the Economic at Arequa.

The Telluride will employ from 50 to 75 men within the coming week, if all goes well. DOCTOR-JACK POT IS MAKING SHIPMENTS. The lessees on a portion of the Doctor-Jack Pot company are shipping a small amount of ore and last week sent out a 20-ton consignment of ore which is expected to return $30 to the ton. This ore comes from upper portions of the property and it is understood that there is considerable qualtity of lower grade ore ready to be broken. GRANITE DISTRICT IS SHOWING UP VELL.

It is reported from Granite that another high-grade shipment is to be made from the Washington property, being operated by Colorado Springs people. The ore is coming from a depth of 175 feet, and is expected to run in the neighborhood of $75 to the ton in gold and silver. The values are principally gold, however, and it is understood that some lead is found. The company is employing several men in extracting ore and doing development work, and it is understood that there is considerable ore in sight, with large quantities of low-grade rock which can be easily treated with a mill near at hand. STRIKE IS REPORTED ON THE WORK PROPERTY.

Some time ago a strike was made in the Pelland lease on the Morning Glory claim of the Work company, according to reports, of an inch streak of ore running 33 ounces in gold to the ton. Development has been done on the find, and at present it is stated that the streak has widened out to eight inches of ore which will run better than seven ounces, or $140 to the ton. The ore from the shoot is being saved, and it is ex peeted that no shipment will be made until the middle of next month. INTEREST IN SILVER TIP. Special to the Gazette.

Cripple Cneek, March great deal of interest is being manifested in the recent strike on the Silver Tip property, particularly so because it is believed to be the great vein of Bull hill, the New Zealand and Mineral Rock vein. The vein was first opened in the Last Dollar property and from there it went to the Luck Guss on through the Peak and Mineral Rock claims and has been stoped on for fully 1,000 feet, making it the most continuous of any in the district. In the Zealand the ore has been broken and the shoot proved, and a little more there is little question that the vein now being worked in the Silver Tip wall prove to be the same. Extensive operations will be started this week on the Ajax belonging to the Beacon Hill Ajax company, and located on Beacon hill. Gallagher and others who recently secured a three lease on this property will com mence the work and will sink a three- compartment shaft, four and one-half nine £eet in clear, tkex ex pcct to continue it until they reach the 500-foot point before any extensive development work is attempted.

A rich strike was recently made at a depth of 600 feet on the Last Stake claim, which adjoins the Gold Coin in Victor, and belongs to the American Consolidated company. The find which was made west of the shaft is but a few inches in width, but is so filled with gold that it seems like a solid streak. It continues to widen as development is done, and at the present time, rock is being saved that pays for mining operations. The mining on this property are under the supervision of A. O.

Denslow, who has carried the work forward in a very thorough and systematic manner. The property is under lease to the Last Stake G. M. L. company, and the lease runs for a period of four years with a flat royalty of 30 per cent.

W. Ames, who secured a lease from the Woods company on the Jack Pot vein from the second to third levels, will commence tomorrow morning with a full force on this property, and he believes from present indications that wfithin the course of 10 days or two weeks he will be able to send out his initial shipment. GOOD SHOWING IN CUSTER CO. Assays were obtained yesterday from samples of ore from a property at West Cliff, in Custer county, in which S. S.

and George Bernard are interested. The ore consisted of lead and silver values and came from a shaft 100 feet in depth. The values averaged about $36 in both metals, with a trace of gold, although one or two shipments made to the smelters gave returns of $1.60 in gold. Some of the ore runs as high as 50 per cent in lead and between 30 and 40 ounces in silver. The property is being developed by a shaft which is being sunk 100 feet and by lateral work from this depth.

The location of the property is near the Bull Domingo, one of the prominent mines of Custer county, and which has been a heavy shipper for a long time. ACACIA ROYALTIES FOR MONTH AMOUNT TO $1,000. The royalties to the Acacia company from the different leases on the Burns and Morning Star claims during the month of March will amount to about $1,000. There are nine sets of leasers at work in different portions of the property, one of which is supposed to have the extension of the Shurtloff vein, in which a new strike was made a few weeks ago and from hich considerabie ore has been shipped. DEMAND FOR LEASES ON THE BULL HILL PROPERTY.

A number of applications for leases on the Bull hill property of Cripple Creek Development company have been made, both at the offices in this city and in Cripple Creek, where the plats of the ground have been posted for inspection by prospective lessees. It is understood that no leases will be given for 30 days, as it Is announced that applicants will have that length of time in which to make their applications. Inasmuch as the ground is considered exceedingly valuable, it is expected that there will be no lack of applications for leases, although a limited number only will be granted. R. G.

DUN REVIEW. By Associated Press. New York, March G. Dun weekly review of trade tomorrow will say: Irregularities in retail trade is due to conditions. At most points an early season stimulates the business but in other sections there has been interruption from excessive rains.

More uniform activity is reported in wholesale trade with a notably large movement of groceries, millinery, paper and materials while conditions are satisfactory for the season in jewelry. Manufacturers of clothing, furniture, footwear and iron and steel are still engaged, ample supplies of fuel greatly facilitating operations but extensive strikes threaten to render idle many England textile mills. Early opening of lake navigation will benefit business and the railway traffic embargo will be removed. Earnings of railways thus far reported for March exceed last year's by 12.8 per cent, and surpass those of 1901 by 22.9 per cent. An output of about 300,000 tons of coke in the whole Connellsville region for the last week indicates that fuel troubles are almost ended in the iron and steel industry.

No improvement has appeared in the drygoods market. The situation is peculiarly complicated as to cotton goods; stocks are light as a rule and labor troubles threaten to curtail the output, yet jobbers are reluctant to undertake contracts at present quotations. Dullness is reported in woolen goods, with business on a limited scale. Cancellation of early orders has become a serious problem, many mills that had disposed of their product for the season now seeking business. Jobbers are placing large orders for fall delivery of shoes, readily paying the recent advance in prices and manufacturers of heavy goods have booked move business than is customary at this early date.

Leather is quiet but low stocks maintain prices. At last, the turning point has been reached In domestic hides and prices have steadied is due to the somewhat better condition of receipts. Failures this week numbered 214 in the United States as against 205 last year and 26 in Canada against 22 a year ago. Bank Clearings, New York. March The following table, compiled by the bank clearings at the principal cities for the week endedMarch 26, with the percentage of increase and decrease as eom- pared with thecorresponding week last year.

New York 5.0 Chicago 157,709,596 3.8 Boston 114,865,196 7.5 Philadelphia 100,793,240 1.4 St. Louis 42,186.255 14.2 34.6 San Francisco .25,520,768 23.8 Baltimore 20,186,694 10.5 Kansas City ....18.703,238 6.3 Minneapolis 12,816,678 18.5 Totals, U. S. 3.0 Outside N. Y.

771,471,239 .1 Totals, Canada. 50.0-16,047 13.8 eammmmmm Spr TRAINING SCHOOL FOR NURSES AT COLORADO COLLEGE. 4 4 4 4 4 4 4 4 4 4 4 4 4 4 A meeting will be held in Per- 4 4 kins hall tomorrow evening for 4 4 the purpose of discussing the pro- 4 posed training school for nurses 4 4 for Colorado college. The mem- 4 4 bers of the El Paso Medical so- 4 4 ciety will be present in a body 4 4 and Dr. Aldred Worcester of 4 4 Waltham, a recognized 4 4 authority on the subject will 4 4 speak about training schools for 4 4 nurses.

President Slocum and 4 4 members of the college faculty 4 4 will be present and the public is 4 4 cordially invited to attend. The 4 4 question of instituting this 4 4 training school as a part of the 4 4 local institution will be taken up 4 4 and thoroughly discussed. A com- 4 4 mittee will be appointed at the 4 4 meeting to make further arrange- 4 4 ments in regard to the matter. 4 4 It is expected that Perkins hall 4 4 will be crowded as the institution 4 4 of a nurses training school here 4 4 wiil mean a great deal to Colo- 4 4 rado Springs. 4 4 4 ft 4t it ik SAGUACHE.

Articles of incorporation of the Crown Point Mining and Leasing company, a corporation formed under the of Colorado with a capital of $50,000. to operate in Saguache county, were filed in the office of the county clerk and recorder last Monday. The directors are all well-known Cripple mining men, F. M. Symrs.

superintendent of the Gold Coin mine; D. J. Carlin, superintendent of the Economic mill; T. C. Brown, metallurgist of the Economic mill; Francis Eakins and John G.

Huntington, mining engineers, and F. M. Woods of the Wood's Investment composing the directorate for the first year. They have a lease on the south 750 feet of the Crown Point, Klondike and Homestake lodes belonging to the Central Colorado Gold Mining Co. in the Klondike or Finley gulch district, nine miles north of Saguache, and have already commenced operations.

The old Daisy Dean shaft has been unwatered and will at once be enlarged to 8x1 in the clear and retimbered, a contract to be let this week for 20,000 feet of sawn timbers for the shaft. At the 200-foot level a crosscut will be run to the Klondike shaft which was sunk in the quartzite following in the funnel of the geyser and being too crooked for a working shaft. The Dean shaft is jn soft porphyry and can be sunk at much less expense. Later a gasoline hoist is to be installed and the work pushed vigorously. After opening up the ore body thoroughly the company will put up a mill if conditions demand it, but nothing will be done in this line until a considerable body of milling ore is blocked out.

A carload of very rich tellurium float was at one time picked up off this ground and shipped to the smelters at a good profit, and it is likely that a body of smelting ore will also be uncovered in the property. There is undoubtedly a big mine in this locality, and if it can be developed it will mean a great deal for Saguache and the surrounding country. OURAY. The outlook for mining prosperity in Ouray county was never brighter for the coming season at this time of the year in its history. The.

old standard properties. such as the Camp Bird, Bachelor and Revenue, will continue to output their usual and even increased shipments of gold and silver products, while a larger number than ever of smaller mines will be developed. The purchase of the old Fowler smelter by the Ouray Chief Mining company will be a great stimulus to working low- grade properties. Mr. David Wood will (arrange the smelter to work up the products of the Ouray Chief and in addition will treat the of other mines.

The workings of this smelter will be a great addition to the prosperity of the camp. It has lain idle for five years but now will increase the outbound shipments to a large degree. The Sneffels district will output double the amount of rich ores over that of any preceding year. The Governor to strike a vein of high-grade gold and silver within the next 30 days. The Pilot, which is being worked by Geo.

T. Bradley for eastern parties, will be in the list of shippers. The Ruby Trust, has been idle during the past six weeks, will start up again in the spring. Among the most important mines in this district are the San Pedro and Camp Bird-Revenue properties, which lie between the Camp Bird and the Revenue. Mr.

F. J. Hulaniski, the local manager, will place a large force at work to develop the rich veins known to exist in these localities and wiil bring out a special car of New York and Chicago capitalists who arc interested In the properties, to look the field over and place large improvements at work. They will also place a large force at work on the Bonanza, which already has a large amount of ore in the ready foT shipment or treatment at the local smelters. It is expected that 200 miners will find work on these propositions.

The Angel Mining company is another enterprise which will undoubtedly develop into a very important factor in the output line. The company is composed of Colorado capitalists and will work the group extensively this season. The group consists of several claims and a mill site about two miles south of the city on the Sneffels road, and from former developments the outlook for good pay workings is exceedingly encouraging. Mr. F.

M. Jackson will work the Ouray Gold Mining company properties with a good force. The properties are owned by Colorado capitalists with himself as the largest stockholder. The Tmogene Gold Basin Mining company will work its group, which lies adjacent to the Camp Bird, with a good force. Mr.

L. B. Jackson, the president, is expected to arrive from Chicago soon. The new electric power house of the Revenue will increase the output of this old-time heavy property to a large extent. A.

G. Bruner expects to complete his contract on the Bonanza King by April 5. There is lots of ore ready for shipment and the outlook is very good. Sinking and drifting will be started at once. This property is incorporated and owned principally by E.

W. McIntyre, one of the oldest timers of Ouray county, but now located at Flint, Michigan. W. Carman Layton and J. C.

Tate, prominent capitalists of Des Moines, Iowa, arrived in the city Saturday and departed for their home Monday, after looking over the mining field here with view of making some investments. They visited Mineral Point while here and will return to the city in a month or so. (Plaindealer. CHAFFEE. Somewhere away back in the when this was prospected over for silver, some party unknown to the oldest residents in this part of the country did some work in a deep and rugged canon about six miles northwest of Turret.

In 1899 a man by the name of Barnes told Mr. William Bassham, who now resides in Turret, of those old workings, but would not give the loca tion of them. He also knew that the showing was good and a large quantity of ore was piled on the dump. In years, past parties from different places had been hunting for this property but were unable to locate it. Thinking the matter over, and being familiar with the country, having lived in the valley for the past 34 years, Mr.

Bassham, in company with C. C. Hunley, concluded to try and find the property in question. Fitting themselves out with a. camping outfit, they went in search of the lost mine.

After a two search, in going up a. deep, precipitous canon about six miles northwest from Turret and about one-fourth mile east of the Denver and Rio Grande railroad track, they came to an old dump. There was plenty of evidence to show that this work had been done years before, as the timbering at the surface of the shaft had rotted down, and the cabin where the parties who had done the work lived had gone to decay. Lying around and piled on the dump were what they estimated to be about 100 tons of a good looking ore, with some sulphides mixed through it and looking similar to the ore around Turret. The parties were able to get down into the old workinngs for a distance of about 35 feet, -where they found caving had taken place, filling the shaft up below this point.

At this point they were able tq measure the width of the vein, which they found to he seven feet between walls, one of which is porphyry and the other schist. The vein has a northeast and southwest trend, the same as many veins at Turret, except the contact veins from north to south like the one on which the Independence is located. The country rock is granite the same as Turret. To the south of this property they noticed two more veins having the same course and cropping on the surface same as where the shaft had been sunk. As to the value of this ore, that is yet.

to he determined, as no assays have been made. Yet very ry low grade ore would be profitable, the property lying within a few hundred feet of the railroad, with a smelter a few miles away, and all a downhill pull from the mine. Arrangements are being made as fast as possible to open up this property, which gives evidence of being a. pay proposition from the start. Should this property prove to be a shipper, it is evident there is more of the same kind close by which only awaits development.

Mr. Bassham is an old settler and can be relied on as giving a true statement of tb facts as they are, and as the old workings are now secured, there is no occasion to keep the matter secret. The Independence shaft is 150 feet deep. 53 feet having been made by E. B.

Cobb and liis associates since taking the 100-foot contract. The ore conditions are quite as favorable as last week. If there has been any change it has been improvement. The drifts in the 225-foot level of the Jasper reached 15 to 20 feet each way. The ore holds out well.

Nearly a carload of ore has been saved up. Stoping has been commenced. A shipment. will be made soon. A sample shipment recently made gave $40,000 smelter returns.

The work of drifting continues and the force is also lining and finishing the shaft between 150-foot and 225-foot levels. The Mascot and the Copper King were the properties which seemed to be of greatest interest to the parties who visited the camp last week. These properties are indeed among the best in the district. The Copper King has been known from the first year of the camp, and it has been regarded by miners and prospectors as one of the best showings in the district. While the workings may be regarded as only surface, yet there is much ore in sight that gives the best copper value.

The Mascot is of a more recent location, but the development has been of a most favorable kind. The ore takfn from the Mascot not only looks well but it gives good value by actual test. There is another large party of townspeople and others going up to visit the Pay Car on Sunday. C. E.

Demarest is having some work done on a property near the Pay Car which good indications. C. J. Anderson of the Holdredge company at Twin City, was in the city yesterday and brings favorable reports from his camp. The Stockton, two miles below town, has just shipped a carload of ore to the Salida smelter.

They are in a body of fine ore and work continues. R. N. Scott has discovered a 20-inch vein of copper three miles from town that is simply fine. Work will surely make a pay mine out of it.

A party from Emporia. Kansas, has been in the city the last few days looking for mining properties. He says Dr. Bancroft is in that city selling lots of stock on his property in Turret. Mr.

Miller is here from Chicago, where he has been connected with the stock board. He is enthusiastic over Salida and the future nossibilities of our natural resources. He is talking of going into business here. He is likely to connect himself in some way with mining. The Pay Car is now 190 feet in from the initial point.

165 feet under cover and 125 feet deep at the end of the tunnel. The ore changes very frequently and comes in strings. Although not far enough to expect to cut the main body, yet there is a body following the side of the tunnel that Is heavily Impregnated with pure native copper. Tellurium of copper 1s frequently encountered and copper pyrites are very common. The changes are all In favor of a big strike at the proper depth and distance, and the chances are great that the Pay Car will be one of the big mines of central Colorado.

A car and track has been ordered and will soon be installed. GUNNISON. Millard Pennington and partner, of Gunnison, came in and went up to Irwin this week to begin work on a contract they have on the Hahn property situated 011 Roby peak. Quite an amount of development is planned for the summer here and a tunnel is to be driven cutting the ore bodies therein many hundred feet the surface outcrop of the veins. Word is received that George Mc- Oay may be expected in at an early date, when extensive operations will be started on the Washington Gulch placers.

The scant water supply the last year, together with the lateness of the season when they began operations greatly restricted results expected, but everything is now in readiness to begin washing as, soon as the water comes and an abundant supply of which means that a large amount of dirt will be handled this season and big clean-ups are certain. The company owns aJarge acreage and contemplates morfi extended work on the Painter Boy and other lode mining claims belonging to them in that vicinity. The "Big mining property, located near the head of Cement creek, is to be operated extensively this season. The Tilden Mining company of Chicago is the owner of the claims, which are developed to a. considerable extent and have a large body of silver- lead ore already exposed in their workings.

The ore will be packed dowm to the Overstep sidlnc and the company will purchase and operate its own pack train. The old Walrod lead properties, situated about two miles above the mouth of Cement creek, are to be opened up by the present owners. The Cement and Spring creek lime belts need only careful and thorough prospecting, in our opinion, for the discovery of many other ore deposits similar to that found in the old Doctor mine, which yielded many thousands of tons of high per cent, lead carbonates during the many seasons it was operated. Doubtless this section will receive proper attention in the near future, and as a result we shall expect to see new ore producers from that mineral belt. Arrangements are being consummated operations will be resumed upon the Eureka property.

There is probably no proposition more greatly benefited by the increased market price on silver, lead, copper and zinc than this property, as its ores are entirely of this character. The location of the Eureka group of mines being at the summit of Treasury mountain, has heretofore made it impossible to operate the property at a profit under the low price of lead and copper, and no market whatever for zinc, which is found to be in excess of any other mineral there. It would appear that under present ruling prices for these less noble metals these mines could be made to yield good profits under judicious management, Xne gangue cock of ike ores hefng lime should lessen the treatnv charges to such a degree as to ove come in a large measure the haul fro the mine to the railroad. The percert age of silver, lead, copper and zinc much higher than usually found In complex ores. The veins lie in tween quartzite and limes and 1 mineralization very extensive and tq possible output of the property limit- only to the number of men employ, and development of the ore bodies, GILPIN.

Sinking operations have been at the Hall lode In Russell dtstrlet at depth of 130 feet and a drift has be? started to the west which will be drive in a safe distance from the shaft, which the east drift will be run. sinking was stopped the shaft showed crevice six and one-half feet wide, wit splendid walls and good streaks of mirt' eral on both walls, the vein matter be tween being a first-class milling proposi tion. Sloping is also being carried on the 60-foot level, where there a goo' body of ore to work on and some excr lent looking smelting ore ts being take? not and carefully sorted fop early ship meni. In the outside bins there are eral cords of milling ores, from whief are now being made to th? Black Ilawk mills. Sinking operations are in effect at th? Old Town mine and the shaft has reac' ed a depth of about 925 feet and there a splendid crevice in the shaft.

Drift) are being driven off at this depth, hr as soon as this work is fairly started th? work of sinking will be resumed, as it the intention of the company to carr? the shaft down to a depth of 1,500 providing that the W'ater does not gnj too much for them to handle. Tn ease it may he decided to connect fro: the Newhouse tunnel, striking the shaft at a depth of over 2,300 feet. One sdiifj and air drills are sending the shaft dovr at a lively rate with twm shifts of nine ers, although the water has been creasing of late. The company is playng nearly 50 men on company leasing account and several of the ers are doing splendidly. The averari dally shipments range between 40 air 50 tons, all of which is going to the Idahj Springs mills with the exception of small percentage of smelting ore whit is sent to the local sampling works.

this tonnage a little over one-half hauled by Richard Drew by way of Vi glnia canon, the balance going over th tramway to Black Hawk and from th. reshlpped to the Idaho Springs mills. The company is also hoisting water fm its Wautauga mine, which will he watered, so that leasers may go to wor -and at an early date it may be to be on the producing list. The entir? management of the consolidated propel ties is in the hands of George K. Klmbal? who is ably assisted by A.

H. Rou? as foreman. During the third week of this rnont! the shipments of smelting and crude ore tailings and concentrates from the Blae Hawk depot of the Colorado Southeri road to the valley smelters and to th? Idaho Springs mills were 63 cars, or 1.2' tons. This makes a total of 218 cars, 0 4.360 tons, for the three weeks' shipments which, however, does not come up to th; usual tonnage owing largely to the fac that the Golden smelter is hot reeeiviu any custom ores, and also on account the recent heavy snow storms, which hav handicapped the outside shipments of bot ores and shipments. The machinery is in place at the Rock Mountain Terror mine in Russel distrk- and the Russell Gulch Mining and Dr velopment Co.

intends to commence activ developments as soon as they can new flues in their boiler plant. The sha on this property is reported to be dow over 400 feet, and as soon as the can be handled the shaft will be retimbei ed wherever it is found necessary so to put it in the best working shape po slble. Development work is progressing at ti; Pewabic tunnel property in going aft the veins owned by the Chicago compan on Pewabic mountain. Mr. Clotworthy in charge of the development.

Hughes, Lewis Co. made a shipme of about 20 tons of concentrating or to the Idaho Springs mill during the pa week from their lease on the Federal Graham gulch. The ores came from depth of about 50 feet, and on accou of the thawing of the ground in the guli during the past week it found nece sar.v to start in cribbing up the make it safe in every particular. Ti lessees figure on making this the ma working shaft of the group and may i stall machinery at an early date. A small force of men are at work the Galena mine on company and on ing account, and regular shipments a kept up to both the sampling works a to the stamp mills, the grade of both or being a very satisfactory kind.

Detro parties are the owners and oper tors, and their interests are 'being look after by Frank Kengel. It is reported that the Missouri mil in the Russell district, is to be started again, though our information is 11 very definite. Davies a Russell gulch pool, a working the Slide property on the ea end of Pewabic mountain, and are sin ing, the shaft being down about 100 They have had a very fair crevice in shaft showing gray and yellow copp with sulphurettes, and are piling up ore for a shipment either to the mills concentrators. They expect to contin sinking for the present until such Ur as they be stopped by surface wat; They have erected temporary bulldi but are well satisfied with their prc pects and may decide on the installati of machinery when additional depth needed. Dave Davies is looking after top work.

Some fine looking ore has been open into in the 555-foot level of the- East Not way mine and the entire- property is 1 ported as showing up better than ev The usual force is at work on the les ing system and regular shipments are ing maintained to the sampling works a smelters, a ear of high-grade smelting r. being sent, to the Denver smelters ti week. The property is being operated the T-own Topics Gold Mining eompar and on the first of this month paid eighth quarterly dividend of $5,000, maki -a total of $40,000 paid out during the ps two years in which the company owned and operated the mine. Russell Gulch parties are working r. X.

L. mine in that district under lease and are taking out some very looking ore from a depth of less th 100 feet. The ore shows some gray a copper and sulphurettes and 'being sent to the Rocky Mountain cc centrator at Black Hawk. The shi building adjoins the track of the Gilr Tramway company, so that the trai portation of the ore is an economical turc. Sinking operations are being carried at the True Democracy mine on Ki with day and night shifts and shaft is over 300 feet deep and the intend to carry the shaft down s( eral hundred feet.

Drifting is being cs tied on in the 300 east level, where is a fair looking crevice, which is perted to open up into good pay at early date. The property is also knm as the Shafts Extension and is being erated by Bolsinger Co. Davis, Nsnkervts Co. have fixed collar of the shaft on the West Fla property, also the cave-in dow-n to depth of 75 feet and the shaft Is in ge shape down to- a depth of 400 feet. Th have commenced work in the 200 level and are taking out some milli ore which they will ship at an early da These parties are also interested tn lease on the Cooper claim, also on Qua hill.

file water is being kept down in Forfar property on Pewabic mountain a work is being carried on at a depth 300 feet, where they are stoping on fair-sized body of ore. The product shipped entirely to the Rocky Mount! concentrator at Black Hawk and the velopment work is under the care of McGregor,.