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Lead Daily Call from Lead, South Dakota • Page 1

Lead Daily Call from Lead, South Dakota • Page 1

Publication:
Lead Daily Calli
Location:
Lead, South Dakota
Issue Date:
Page:
1
Extracted Article Text (OCR)

Lead Daily Call VOLUME VIII. No. 245. LEAD, SOUTH DAKOTA, SATURDAY, MAY 24, 1902. PRICE FIVE CENTS Through his efforts a pool was THE BEGINNING NEW STRIKES same to its thousands or fortunate stockholders.

IMMENSITY OE MINES And Mining Plants of the Hills Leads in Vast Tonnage Will Soon Lead in Output of Bullion. Bertschy Is also opening new values in exploitation of the Ranger property acquired by his company. XXX Subscribe for the Saturday Call, the mining issue, published every Saturday $2.00 a year by mail or carrier. XXX The Black Hills Mining Men's association held one of their most agree, able and Instructive gatherings in Deadwood last night, of which the Call will have more to say at another time. XXX F.

H. Long, the well known chemist, has recently returned from Chicago, where he has spent most of the winter, and is now quartered at the Smead hotel in this city. Mr. Long has perfected and enlarged his electro-chemical plant at Mystic, with the purpose of putting it to work on the the treatment of ores of the Hills on a commercial XXX The plans for the Horseshoe Mining company's big cyanide mill have been perfected and approved. General Manager Holbrook visited the property the first of the present week and vuthorized construction to begin.

The side hill above the Kildonan mill is being attacked with cuts and drifts to ascertain the most available point of solidity for the battery and machinery before beginning the extensive grade. XXX A smokeless powder plant is being planned for Salt Lake City. The new mill manufacture explosives for mining purposes and will use a new pro OPENING OF NEW BELT TERRITORY To Be Inaugurated Involving Exploration of Vast Magnitude Mining News, Local and General. with a list of the milling plants and smelters that reduce the jtame, and their several capacities, claimed by the. Call to be the largest tannage of gold ore from any camp In the United States amounting to 0,970 tons daily.

These arc startling figures, and in commenting on the same the Record sizes up the "two gold camps," comparatively, in the following concise and excellent form: "TWO GOLD CAMPS." "The Cripple Creek district Is a great camp, in fact, the greatest gold camp on the American continent, when the gross bullion value of Its production is taken into consideration. It, however, fades into Insignificance In formed to purchase the United States government's Interest In the Union Pacific railroad. After the govern ment had virtually sold the road to Mr. Harriman and his associates, a great hue and cry was raised that the government was being "robbed," and In deference to the wild outcry the price was advanced about $8,000,000. It is said that bis partners were In favor of throwing up the deal, but that Harrlman urged Its purchase, even at the advanced price.

He was made chairman of the managing committee. When he took bold of the road it was little more than "two streaks of rust and a right-of-way." and the latter was characterized as "crookeder than a dog's hind leg." It wis, besides, perhaps the most unpopular road in America. Under his management, curves have been lessened, grades lowered, cut-offs built, equipment improved, until the road has become first class In all respects. The Oregon Short Line was next purchased by him, including its affiliated transportation companies. Then the Alton and other ads, until Mr.

Harriman has become, next to J. P. Morgan, the greatest railroad magnate living. Mr. Harriman has many other interests besides railroads.

Some six years ago, with August Belmont, Stuyvesant Fish and the Goelets, he bought, through Harris Franklin, the Golden Reward mines in the Black Hills, Mr. Franklin remaining as manager of the mpany, and later, through Mr. Franklin, the Deadwood Delaware smelter of Dr. Franklin R. Carpenter, now of Denver.

With Harris Franklin and Samuel Allerton, who was, also, one of the original Golden Reward company, he Is largely interested in cattle in the Dakotas and Montana. Mr. Harriman's legal residence is Ardcn, near New York City, upon the Erie railroad, where he owns a farm of several thousand acres and lives in almost baronial style. He Is a lover of horses and a racer of them. In personal appearance Mr.

Harri man is rather under medium size, dark in e-omplexion. He is about 55 years of age. rides a wheel, and spends much of his time in the open air. OLD FIRM DISSOLVES Weare Allison Announce End of Partnership. John P.

Allison and George Weare yesterday gave to the newspapers for publication a notice of the dissolution their partnership, which was the oldest partnership in existence in Sioux City. Messrs. Weare and Allison were two of Sioux City's earliest settlers. The bank of Weare Allison was known throughout the northwest. Because of Its substantiablllty and the Integrity of the members of the firm it did a great business during the long years it was in existence.

Some months ago it was absorbed by the Iowa State National bank, which now occupies the quarters which for so long a time houBed the Weare Allison bank. Although the bank of Weare All! son went out of existence several months ago, the firm of Weare Allison continued, there being a number of business matters to be cleared up before the firm should dissolve. Now that these matters have been closed up, Mr. Weare and Mr. Allison have come to the conclusion that the time-honored firm might Just as well go out of business.

The co-partnership of Weareft Alli son existed for nearly fortytwo year3. Sioux City Journal. Judge John P. Allison Is associated with the Hidden Fortune Gold Mining company of this city and will spend much of his time here during the coming summer. FAKIR METHODS Proposed for the Advertising of Mines.

A mining engineer In Arizona is en deavorlng to promote a company which will undertake the advertising of Ari zona's mineral wealth in a rather novel manner, says the Mining Record. It Is the purpose to fit up two railroad cars with specimen cabinets, photographs, etc. Two Arizona burros will be taken along, and at different towns where the cars stop, Arizona prospectors will "prospect the streets" while the small boy distributes on the side walks printed matter pertaining to Arizona. The idea, presumably, is to attract people by the printed matter to the exhibit In the cars. It would be effective and.

If the proper people are stationed the cars and the proper information is given by them to their callers, there is no reason why good results should not accrue. Verily, Arizona is awakening to the im portance of letting the world know that she has exceptional opportunities for invest linen in her great mining fields. Only the other day a stock ex change was organized. Arizona is on the right track. She has many good things in a mining way, and she Is '-pushing them along.

And so will it go on. Miners will continue to clean up the treasure vaults of nature. Imbedded for many miles throughout the great other I des of the Black Hills for unlimited periods of time. Nothing short of a great convulsion of nature, like th outpourings of Vesuvius or Pelee. can interrupt the forceful plans and Ingenuity of man.

The groat Home-stake and Horseshoe belts will be mined and continue to give up their treasures long after the death of that New-Zealand traveler, who. In th fancy of Macauley. may yet tuk his stand on a broken arch of London bridge in the midst of a vast solitud 10 sketch the ruin3 nf Saint Paul's. SPLENDID Movemement for the Enlisting of Capital. The Bingham Copper Boy Mining company of Salt Lake, Utah, recently conceived the Idea of organizing an exem-sion of its cistern stockholders to visit the mine.

The party of twenty-five share-holders of the company and were given special rates and considerate attention by the rail road companies ever whr.s? lines they traveled. The Salt Lake Minirg it-view makes the following t-unmient on tile occurrence: It Is more trail likely tha. Ue ex-eutslonits experienced a re-, 1 it.i us to mining affairs while here. Many of them, no doubt, had never a mining camp before and had bat a Idea of bow actual mining carried on. For this le.isoii, t'.

nip must have been an eye rfci them; an education, as i' wer, and they will return home with a personal knowledge of how mining nitiiv.4 are conducted, of how the uie-iu'n metals exist In a mine, and ho.v they are wrested from Mother L'liih and put into general circiilatl rn. ih.it will be of use and value to theai in to come. The Review nlso iiige-i uJiOf miniiij; companies ill Utah to do lik -wUe and shows the good effects of such excursions. The Call rcco.ii.ueii.1s the idea to Black Hills milling inipane and believes ill the bringing of eastern stockholders, iheir friend-), capitalists and investors In touch with the mines for personal lb- rem. I1 of which vo'ik; be L-ieoVul to the Black Hills in showiim tpleii-did opportunities for and provable investments in offered In this region.

ANNUAL MEETING Good Showing Soon to Resume Dividends. The Speaiiish Gold Mining company of Ragged Top district. Black Hills, Colorado corporation, held its annual stockholders' meeting in Colorado Springs on the 20th inst. The Mining Record of that city gives the foil iw-Ing nccount of the meeting and good showing of the company: "There was a large representation of the stock, which was voted unanimously for the following board of directors: V). N.

Heizer, J. K. Vanatta, Walter C. Frost, W. G.

Moore, N. T. Mason of Deadwood, W. S. Jackson and C.

E. Heizer. The president, secretary and treasurer submitted reports which showed a prosperous state of affairs. The chief topic of interest was the new mill, which has just been completed and is now running for the first time without delays. The former mill was destroyed by fire early In the year, but the company set about to build a new one immediately.

It was completed on March 18 and put into commission. The company turned out a brick worth $15,000 last month, which would have been $10,000 larger had the plant been running uninterruptedly. The mill has a capacity of 7.000 tons a month, the announced capacity being 250 tons a day. 4 general manager, who has jii3t returned from the Black Hills, said today about the outlook: 'The up there is building cyanide plants to handle their product on the properties. Our new mill was completed March 18 and Is now running In perfect order.

Our first clean-up amounted to $15,000. and would have been much larger but for the stoppages. We are now exploiting a new ore body opened on the south slope of the Black Diamond claim. The ore Is showing eight feet and is of the aver age grade. We are still on the edge of the basin and consequently do not expect as much thickness farther into the body.

The showln? all over the property is all that we c.nild de 'An officer of the company stated that the mill will save $3.75 to $4 a ton on all ore shipped. On 7,000 a month It will mean' over $25,000 profits every thirty days. He also stated that the mill would be paid for by August 1, after which the company would begin to declare dividends," In Old Ground in the Key stone District. The Call Is In receipt of the Key 8. one Recorder, the first issue of the new management by Joseph Hare, pre- -enting a bright and newsy appearance and from which is extracted the fol lowing chronicle of two late mining discoveries: "Two very promising strikes have Bc-n made near Keystone in the last lew days.

One by Ed. Flynn on his fraction on the hill northwest of town. All who have seen the strike say it looks fine. Mr. Flynn Is working on it steadily and the probability is that when he gets down on the vtin he will show up something good.

The vein can be traced through the Hayward and Upham ground lying Just south of the Flynn ground, and they have put some men work. "The other strike was on the M. Lode in the Bagdad district, on Iron Creek about two and a half miles south of town, and owned by W. Fi Gerard jts from the cropplngs along the top for several hundred feet gives up from $4 to $8 per ton pan test and $30 to $200 concentrates. Where Mr.

Gerard is working now he says tliat It runs $12 to $15 and he believes he has the finest prospect on the belt. The ore body between the foot and hanging walls Is about 75 feet, but Is broken up somewhat but assays good. Both Mr. Flynn and Mr. Gerard are old time prospectors and we believe arc good authority on a prospect.

They are both iitinuing the work on their -round as fast as their means will per mit." ANOTHER NEW ONE Lucky Strike Mining and Mil ling Company. This is a new mining company. In corporated under the laws of S.mtn Dakota and doing business In the Black Hills with its principal office In Deadwood. The officers are John Areiisdorf, president, Sioux City, Robert L. Walker, vice-president, Huron, S.

W. Miller, Elk Point, S. secretary and treasurer; Chas. A. Allen, general manager, Deadwood; Stephen B.

Sotile, superintendent and assistant secretary, Deadwood. The property of ithe company con sists of 240 acres of lode claims situated three miles southeast of the Clover Leaf company's ground, on a northern branch of Box Elder creek, on the great mineralized free-gold belt extending through the Black Hills, often designated as the Home- stake belt. The Lucky Strike company has already made preliminary development by shafts and drifts on the system of parallel veins travers ing the property, with encouraging and satisfactory results in character and extent of ore and values. The company is now preparing to Inaugu- ate extensive work In opening up the veins, with a view of erecting hoists and a mill to reduce the ore. Judge E.

W. Miller, of the Ella Eldon mine, is one of the chief promoters in securing the ground and rganizlng the Lucky Strike com pany, which is well officered with business and mining men and financially equipped for undertaking a large and promising mining proposition of this character. E. H. HARRIMAN Denver News Gives Brief Sketch of His Life.

Denver News: E. H. Harrlman, the father of the "community of Interest" plan among railroads and one of the greatest railroad financiers living, is expected to arrive in Denver next Monday or Tuesday. He has been upon the PaciP.2 coast for several weeks, but on his return he has given notice that he will stop at Denver. One of the objects of his visit to this city Is to Inspect the terminals of the Union Pacific, but it is probable that he will meet HavriB Franklin, now at the Brown hotel, and confer with him concerning important smelter and mining Interest3 ia 3outll Dakota.

In which both the gentlemen are heavily Interested. Mr. Harriman controls the Union Pacific, the Southern Pacific, the Illinois Central and several other railways of lesser importance, and is recognized as one of the great organizers in the railroad world. His visit to Denver at this time is an indication of the growing importance of this city In the eyes of the railway chiefs of the country. E.

H. Harrlman was born in New Jersey, not far from New York city, in which place the greater part of his life was spent. His father was a Presbyterian minister, and, while his rise was mainly through his own exertions, his relatives were among the most influential people of New York. He first came to the front through the Illinois Central railroad, and in the management of this great company's affairs he lived a short time in Chicago, but soon returned to New York, Of Big Mine Work on the Great Belt. H.

J. Mayhem and Geo. M. Nix are on the ground, having recently re turned from financial centers in the east, and are preparing for extensive work on their large belt properties recently acquired. Th shaft on the Columbus property, adjoining the Homestake on the north, is being unwatered preparatory to large and continuous operations.

Mr. Nix is preparing to inaugurate good business on the 7uc-aere tract of belt land recently seeurid southeasterly of the Home-stake boundaries. A compartment shaft Is the first mine work to be started and wilt create a hive of industry on the bills southeast of White-wood creek, a short distance from town, and will signal the beginning of an enormous mining enterprise, of far-reaching importance to the mining industry and the city of Lead, as well as to the far-sighted people who promote and Inaugurate the great enterprise. HAWKEYE Mines and Mills Purchased by Chicago Capitalists. M.

S. Llndholm. a beard of trade gentleman of Chicago, has purchased of David Hunter and associates the Hawkeye mining property and 40-Btamp mill, located at Pluma. Mr. Llndholm has also secured some mining property at Bald Mountain.

The Call is informed that work will be- re sumed on the Hawkeye mines, situated on the hill west of Pluma and about one mile northeast of Lead, and that the Hawkeye stamp mill will be put in repair and a cyanide plant erected for re-treatment of tailings. Mr. James Hall, ft mining expert, has been In the Hills for the past ten days investigating the property in the Interest of Mr. Llndholm. Unexplained Energy.

The new chemical elements of the last few years have impressed us with their suggestions of yet to be revealed. A French writer notes that the rare metals from uranium ores polonium, radium and actinium, discovered in 1898 and 1899 have startled us with properties that appear to be opposed to existing physical and chemical theories, and probably open the way to a new era in the history of science. They seem to create energy from nothing. Without perceptible loss or outside aid, they produce light and electricity, and their emission of Becquerel rays which resemble Ront gen rays and were first noticed in 1896 in uranium Is 100,000 times great er than that of uranium. The self-luminosity of radium, sufficient to show writing.

Is not sensibly diminished at the end of the year. The new metals impart fluorescence to the diamond, alkaline substances, paper, and their salts have powerful chemical action converting oxygen Into ozone, discoloring glass and porcelain, energetically affecting photographic plates and attacking the skin and destroying the germination of seeds. These are effects of the radiation. Mining Reporter. Mine Ventilation.

The natural ventilation of a mine, that is ventilation without the aid of machinery, is only efficacious at certain periods of the year. When there is a marked difference between the temperature, of the mine workings and the temperature of the atmosphere an air current is set up between the lowest and highest connecting outlets. When, as in spring or autumn, the tempertaures outside and inside the mine are Identical, or approximately so, then natural ventilation gives a very poor supply of air to the woA-ings. Natural ventilation also fails in renewing foul air in long blind drifts, upraises and winzes. No large mine can afford to be without some means of artificial ventilation.

Delays In mines are expense since pumping and other expenses are running along whether tlie stopes are being worked or not. Men cannot work In foul air to advantage and if the air is very bad wiork has to be stopped altogether. Artificial means of ventilation should therefore be on hand to act whenever natural ventilation fatls. Mining Reporter. MINING NOTES F.

R. Byrnes, general manager of the Penobscot company, Is reported to be developing new and important values in the Realization group. The Homestake convian-4 is install ing at the Elliso i hoifi a ma.iiniu'.h air compressor capable of supplying power to run 300 machine drills. Si George Bertschy, superintendent of the Tycoon Mining company at Keystone, has got the company's ten-stamp mill in operation and the initial cleanup is reported to have been entirely satisfactory, beyond expectation. Mr.

We are becoming iib familiar with gigantic mining plants as the Chicago people are with sky-scrapers. The new Ellison hoist Is one of the mining wonders of America, mid yet wc venture to say that a majority of our citizens have never visited that plant, although It Is up the hill within a five uiinutes walk of the principal business corner of this city. So many vast plants have been erected In this region during recent years that most of us cannot distinguish the names and give the locations of some works which five years ago would have aroused our curiuoslty and attracted our frequent visits. The Immense ore deposits of this vicinity sometimes require an Immense expenditure to facilitate economic exploitation, but our gigantic mineral wealth is becoming so world-renowned that no great effort Is now necessary to Induce capital to develop our prospects Into producing mines. A technical description or the Elli-Bon hoist machinery could not be comprised within the limits of a small book.

The boilers, engines, compressors and hdlsting apparatus are all designed on a scale of surpassing cost and modern excellence. Eight large boilers, each of 250 horse-power, furnish an aggregate of 2.000 horse power. The hoisting engine has 2,500 horse-power, which may be fully util ized hereafter as new boilers may be nddetf. To this engine there Is arranged an auxiliary air-compressor for brake and reversing gear purposes. There is a 300 horse-power engine to run the four great rock-crushers, and also a compressor to furnish air for the air-motors that have been secured to displace the small steam locomotives for delivering of ore to the mills.

Ground is being broken within the building for a foundation for an air-compressor that will be capable of driving 300 machine drills. The ores will be drawn by air motors frmn the hoist over high trestle which extends across the gulch to the mills. The trestle is a steel structure, a quarter of a mile long, and so high at places that an average man unaccustomed to looking down from high places would become very dizzy while walking the track over the gulch. The trestle in places Is 100 feet above the ground. The Ellison hoist is the largest hoist in America.

This mere hoist is much larger than the famous cyanide plant of Mercur, Utah, and the cyanide plant Just below the Ellison hoist is the largest tailings cyanide plant in the world, although It will be somewhat surpassed by the new cyanide mill that the Horseshoe company will erect a mile still further down the gulch for reducing crude ore. No otlier place In the western world is treating dally as many tons of gold ores as our own mills and smelters, which now handle monthly 179.000 tons, and will be Increased to 240.000 tons before the close of the -year by new companies and new mills. Any man who views the Ellison hoist, the cyanide mills and other improvements made by the Home-stake company can only infer that the men who know the 100 miles of avenues, drifts, stopes, shafts and winzes of underground Lead the best have positive knowledge of the permanency of the great ore-bodies, and therefore the stability and continued remarkable growth of this city. "TWO GOLD CAMPS" Black Hills and Cripple Creek Some Comparisons. The Dally Mining Record of Colorado Springs, in its issue of May 21, reprints an article from the Satur-day Call of the 17th showing the output of fold ores In the Black Hills, cess.

It has always been a matter of surprise to visiting mining men that the great Rocky Mountain mining region had to import all the explosives it needed from outside points. There should be a good opening for a dyna mite factory here in the west. XXX In the discussion of low and high- grade camps and mines, it Is worthy of recalling the facts demonstrated by the world's annals of precious metal mining, that large low-grade lodes and veins are more continuous and permanent they are the very foundation and basis of mining stability. Low-grade deposits will continue to 'be ex ploited long after the meteoric high- grade phenomena has become a reml- ence and faded from the memory. XXX Advices from Colorado Springs state that the William F.

Wernse Bond and Stock Company has been indicted for the misuse of the public mails, says the Mining Reporter. It is alleged that this company has been defrauding eastern Investors by sending out cir culars and letters relating to the Lincoln Mountain Gold Mining and Milling company and containing the gross est misrepresentation. The Indictment Is before the federal court of St. Louis. XXX And now it is stated that Stratton's Independence shares have advanced! This is presumably due to the report of the last expert sent here to examine the mine.

From results so far it would seem that these experts make reports only to bull or bear the stock market. That their reports do not agree, would suggest that they are either incompetent or unscrupulous. Certain it Is, some of them are wrong. In the meantime the mine continues to pro duce between two and three hundred tons of ore a day. Mining Record.

XXX Where a party of miners located a mining claim by erecting a monument and posting a notice of location, but having exhausted their supplies went after provisions and did not mark out the boundaries as required by law until eight days after the notice was posted, they were held not guilty of unreasonable delay, and were entitled to the land as against ar.cther party which had marked out a conflicting claim three days after the first party had posted their notiee Union, vs. Leltch, Washington, (ii4 Pacific Reporter, 829). Ci Where the location of a mining claim Is void because of the absence of a valid discovery of mineral, a sub sequent discovery of mineral, after the filing of the location certificate, and after all acts of-tocation have been per- I formed, will validate it, If such subse- I quent discovery is made before the I rights of any third party have at-1 tached. Brewster vs. Shoemaker (83 I Pacific Reporter, 309).

However, a I mining location is not' perfected until all the' essential statutory requirements are performed. Copper Globe Mining company vs. Allman, Utah (64 Pacific Reporter, 1019). -x I The new Burlington narrow-gauge I branch of the Ft. Pierre from Bear I Butte creek to Galena Is now ballasted I and in condition for heavy traffic.

C. B. Harris has been piling smelting I ore on the dumps from the old Sitting I Bull-Richmond and other mines, which I he is now shipping for Other miners will ship, this being the I first time In the history of the old I camp of Galena that economic facilities I have been afforded for transporting ore I to smelters. The ore Is silver-lead I and pyritic, all carrying gold value. I New smelter and railroad open a mar-1 ket for the ore and a steady business! for the old camp, I comparison with the Black Hills when the matter of tonnage' is taken Into account.

The reason for this is that while the one is the greatest high-grade camp, the other Is the peer low-grade producer. "When the paper quoted speaks of "the largest output of gold ore," it does not necessarily mean the largest ill point of value. The yearly production record of the Cripple Creek district reaches a much higher figure in the aggregate than that of the Black Hills, and the question naturally arises what would be tile tremendous output of Cripple Creek if it were possible to profitably market ore of as low a grade as the Black Hills, In addition to the high average grade i.re now handled?" The Call does not claim for the Black Hills the largest production nf gold bullion; It has always conceded that eminent distinction to the Cripi.de Creek camp, which holds the record by a clear majority. However, we take this opportunity of notifying our esteemed contemporary and the world that this comparatively oi camp, the Black Hills, is awakening to a realization of Its wealth and possibilities: it Is getting on to the "pay streak," as It were, and is unllnibering for action; It Is being re-enforced by large capital and enormous new development and new miniug companies. Already having the largest stamp mills and cyanide plants, the world's greatest producing gold mine and the greatest output in tonnage of gold ores.

It will also compete for the banner of being the largest producer or gold bullion in the near future. SOME FIXED And Continuous Processes of Nature and Man. Time is ceaseless and the days and the years come and go with a constant and never-ending procession; but time is not more certain and Infallible, apparently, than Home-stake dividends, which are disbursed on the 25th day of each and every calendar month. Tomorrow, the 25th day of May, marks the 283rd distribution beginning on the 25th day of October, 1878. and now making, twenty-three years and seven months of sue cessive Homestake disbursements which will add another $105,000 and swell the grand total to fll.178.750.

And with the great mine but in its infancy, with millions of tons of reserve ore explored and yet untouched. Nature, with" her grand subterranean laboratories and mineralizing processes operating for cycles of time, has not been more ffxed and irrevocable in deposition of gold in the gigantic belt lodes than the Home- stake with its vast mechanical equip ment and iuetallurgic science la in the recovery and distribution ot the.

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About Lead Daily Call Archive

Pages Available:
184,088
Years Available:
1876-1998