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Show WESTERN MINING GAZETTEER. THE GENERAL OUTLOOK. to the outcome of noted mines and districts, THE LEEDS MINE, SILVER REEF. to invite the of money, brain, and Of all our great mining sections Utah lias Now that a third assessment has been levied muscle in the development of our inexhaustible been the least advertised, and her superior ad- mineral resources. upon the capital stock of the Leeds Mining not are abroad for want appreciated vantages Company, wc may regard as pardonable tho of knowledge. The coming season promises POOR TIMBERING. anxiety manifested by certain New York stock1)0 to remarkably active and fruitful of great holders to gain some information as to the behooves miners to be as careful in timIt The condidisturbed, bankrupt enterprises. present condition of the property, and the while a mine when as is it bering prospecting of Old the in stands out tion marked World, prospect foi further assessments being levied. After lias been mine a developed. contrast with the quiet, prosperous condition thoroughly The Leeds is situated in Harrisburg Mining but if new a opened, timbered, poorly of the nation. Opportunities for safe and partly District, and located on what is locally known take of hold to it must, management they profitable investment abound on every hand. as the White Reef, near tho town of Silver in the mine retimber before place shape, proper is Foreign capital moving in this direction Reef. In the early days of its development a bo of "Mine can ore extracted. single pound How. resistless with steady, the mine yielded many thousands of tons of Facts prove that judicious investment in owners who allow others to work under a lease good ore, and holders of stock realized an agshould look after in them this sharply respcct oiler the largest returns mining enterprises gregate of 78,000 in dividends, the last one for almost have the sole in they always object witJ legitimate, Many confound (of 15 cents) being paid in October, 1878. view of out a without working pocket, regard About this time productive mining, and having been taken in however, it was discovered to the which condition in the is left , property and ilccccd by the cute, unprincipled that the ore was fast into a grade so on the lease. of their expiration Capitalists low as to leave but a who lias never been inside a mine nor of profit sinau run dont bard after mine which a it in very dollar a expended opening one, denounce for the work of extracting and reducing it will be beto timber necessary replace every mining as a speculative, lottery business, with The result was a suspension of dividends, fore to or work the returns, getting any prop while, for a season, all available funds were more blanks than prizes. On the contrary, ertv Judicious work in timsystematically. mining is the furthest removed from speculaused to prospect the mine for more bonanzas is a consideration. It bering very important tive influences of any of the great productive failing to find which tho management soon beis useless to conceal fact the that amid a genindustries ol the world. The miner is a creacame disheartened and concluded to give the to eral desire accumulate wealth rapidly, of tor wealth in a larger and truer sense than property a rest, so to speak time for good least without the consideration of subsequent who other man any puts his money or his paying ore bodies to grow in the mine, if they the of some excellent timbering labor into the land, the sea, or the forest. The development, would, and work themselves up pretty close to mines this has in been overTerritory sorely great civilized world, with its multitudinous the surface, so as to he taken out with great looked. we them note Great the Among ventures, cannot exist without the useful and despatch and much economy. Stockton ; Silver Hasin, and Ihiekevo, Reef; precious metals. Hedged about with universal In prospecting there was found no considerOld am. The Jordmi, Ringh present manage- able legislation, the current coin of the world requantity of ore of sufficiently high grade of these ment found have necesit properties its tains proper purity and measure of value. to justify Superintendent Crane who has his All the productions of agricultural and manu- sary to expend large amounts of money to own peculiar ideas about the mill treatment in mines the and all on acgood shape, facturing labor are subject to the manipula- place which sandstone should receive of the count miserable for excuse which mining tions of speculation but the imperial metals in its extraction and reduction ; but we arc have contractors done. The is stand as immovable as the everlasting hills consequence reliably informed (as per report published ill of which a number that mines have yielded whence they were dug. Investments in railanother column) that there were uncovered would and to continue do so with handsomely, roads are profitable or ruinous, as our regthousands upon thousands of tons of $12 to idle now are from the development, proper of business ebb and flow; but, in ular tides $20 rock, and nearly a year's mill-ruof rock he s will fact it to that incur an necessary of the voldepression, years stately mareh and that goes from $18 to $20 per ton. Considerbefore would he in they ume of our outcoming bullion product hears up expense placed ing the free milling qualities of the ore and in condition for a secure further working. on it broad and ample bosom the prosperous number of tons a mill will crush per so adds much to the nothing fortunes of its producers and preserves the appearance day, it has puzzled some people to know whv .solid timlwring. whether More j"f prospect as ' L,e(ls C((lll)any ai,l 110t take out their SIS or tunnel incline. is a If shaft, and more the combined capital of the world purchaser to $20 ore and turn it into bullion. In our will move in the direction of our ureal mininu favorably impressed as . he enters a mine by its: O , opinion, it would have been much better tor a much it is matter easier districts. appearance, general the record ot the property it this had been . . to to ; sell on him but the contrary, let him Utah claims a superiority over them ail, and . .. done, though it is not to be supposed that the and it is hut a question ot time when her get disgusted bv the wav- in which it has been company would insist upon working rock ho on. see must claims will bo oomlel. Combining all the devolopo.l. oonsulorahly more th(. su,K.riIlU.11(iclll ,.nmii fears that orC! 111 slhrllt tu warrant a purchase. S0;,1 ol cultured well a and 1K. advantages osl j the ()I)(,n,tj(m. etuiied lll(,1K.v woul,l metropolitan life, in daily connection with Next to having no large bodies of good pav-- , THE HORN SILVER MINE. famous mines, monster mills and smelters ; a ing ore uncovered in the mine, the trouble with succession of fertile vallcvs teeming with' Leeds seems to lit with the local manage is in excellent shape, with ere the mine This supcrbundaiice of cheap supplies for man and There is such a thing as saving at the IluMlt ' 1,1,1 iiml 1,1 ",u kt'lT m"' !s,,ilt. and heast almost within gun shot of overhanging losing at the hm.gdiole, ami ills 1,1 mines; with largo deposits of unrefractory ores "'111,1'" prettv slrouglv hinted that herein lies tiie fault lew below miles the a halt Cottonwood, Lake,'1 easily- reached and cheanlv- mined- with a, with the management ot this property, stacks W1 will he and m lll completed temperate climate furnishing a larger propertiou of clear sunshine and beautiful weather !il 101t time. he capacity ol this smelter is 100 tons to the stack per day. It has all the modsuitable for outdoor work than any other porern improvements ami will he lirst class in tion of the country, with natural canyon roads on the loth of this T1,is lnil was i ipIcd every particular. The mine holds its position railroads from as the greatest silver-leamine in the world, month, and the tramway is sending down .Jo through which narrow-gaug- e the trunk lines in the vallcvs are threading the estimate being about $.1, 000.000 in sight. to 10 tons of ore per day. It is estimated that their way to the busy mining camps in the by crushing the medium and low grades of Eight cars of bullion were shipped from the bullion yield will he from $00,000 niountains.and with cheap and abundant labor $100,000 per month, allowing 20 tons for available, Utah presents to the capitalist and houi?'. the company chooses it the miner superior attractions. No fever of, The Tuna reports the Godbe smelter as 'u,r.' 1:111 niereae this amount, as the i) start up, on Cave ore mixed with a speculation and exaggeration has fo reed the JIO to $00, and The hitter is now J,l,m 1,000 ton Horn Silver ore. of her to mines and mining claims un prices upwards. Mining engineers estimate that the delivered at the works. being reasonable dimensions. Capital will find amore in sight (above ground) will keep the mill The Compton and Mountain claims, located (20 stamper) running steadily for lour years. ple verge and scope for permanent and profitaon the Last Root, tour miles from the town Now that we have a mill, and a mine to hack ble investment here, and it will be the province ot Silver Reef, have been bonded by Messrs. i(t we expect that the bullion reports will l this well truthful considered, journal, by louder for our reports than newspaper McCarty and McKolvev to Francis .1. McGra- statements from reliable, experienced mining dv. The bond runs for six months, and the speak articles can. The mill, we understand, cost is to rice be nHn, and hv plain narration of facts in regard p $$.000. about $100,000. paid stock-jobbin- g stock-sharp- .n-?r- silver-bearin- ;in g ; n cnor-mon- I5e-side- o-sta- cl., j 1 , j j ' ; ; : ' - 1 d , ' j |