Show Immense Gold Fields Very rich gold mines are reported to have been discovered in China A confer cncu has lately been held in Chicago between be-tween two Chinese dignitaries and the well tZ mown mining machinery firm of Fraser Z halmers ot that city Tho result was that negotiations were formally entered is nto looking t tho construction of a 3 tamp mill lathe mountains of China The magnitude of the deal may be understood when it is stated that the mill when set up coraplcta will cost nearly four million dol ars this including transportation erec ton skilled labor etc The Chinese in f iraied them there had been discovered the r chest and most extensive sold bearing cad in the world The Chinese have mown for many years that in the uioun tins of Sai Shan in the province of Sban Tug there had been cold but not until a year ag did they realize the extent of it when boiao one who bad worked in the mines and mills of California began prospecting pros-pecting and discovered 1 bonanza They erected a rude mill and from the outset tho roduet of gold was enormous They cam that not a ton of ore taken out has yielded less than S700000 while much of it has run into the thousands The matter was kept quiet and a big stock company wasformed that secured control of about eighty miles of land in tho vicinity and the two Chinamen now in Chicago were sent to this country to make preliminary arrangements for the purchase of inachin cry etc end also to float a certain portion o f the stock Chu Ling man and Tong Sing Kou lauded in San Francisco two nonths ago and had no difficulty in dispos ng of the stock to wealthy Cninamen of timat city From there they have gone to Washington In an interview one of them sad the gold property is on the peninsula cross the sea from the peninsula of Corea and directly wec It i he said within sixteen miles oi the sea coast and not wore than twenty Tillies from Jles n good port They ontemplaUjiercctingthO world fianst plant in tho |