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Show WESTERN MINING GAZETTEER. The ignoramuses who arc endeavoring to deal in hard blows ) GENERAL MINING NOTES. Our exchanges are full of politics, but contain very little mining news. That new furnace at Mineral Hill, near Eureka, Nevada, is not a success. Mining is making rapid strides in the Southern States. This discounts the raising of cotton and sugar cane. A combination of capitalists have bought the David City Lightning group of mines, .at Custer, Dakota, paying $40,000. Archie Borland emphatically denies that he has sold his interest in the Father de Smct mine tollaggin, Tevis &IIearst for $1,500,000. ; Gold mines are reported discovered 125 miles west of Cole- man, Texas. The ore is said to assay $3,000 per ton. far enough away to be good. It is Tiie Black Hills Times says that there are no less than half a dozen Black Hills snide wild-ca- t mining schemes being foisted upon the Eastern markets. The official yield of gold from the district of Sherbrooke, Nova Scotia, during the month of August, was 230 ounces 5 dwts., obtained from 300 tons of quartz crushed. The largest gold nugget ever found in Arizona was recently taken from some diggings fifteen miles north of Wick-enhurIt weighs twelve and a half ounces and is valued at g. $220. It is said that there is one billion dollars of English money waiting investment in this country. Come this way, gentlemen, for better mining properties were never seen than here, and they can be purchased oil reasonable terms. Gold mining is becoming an important industry in Vir-- i The mines of Buckingham, Spottsylvania and other counties arc being energetically worked. The county of ginia. : Montgomery is now developing a promising business in that line. During the first month of its existence the sales at the American Stock Exchange, Boston, were 470,000 shares; in August the same sales amounted to 1,0(30,000. The daily averages were 18,000 for June, 22,000 for July and 40,000 for August. A San Francisco correspondent of the American Economist mining boom on the Comstock; even if he looses money by it. Go to Colorado, sir, go to Colorado, where you will find the ways and means of losing money more raply than was ever dreamed of. wants a l Rich mineral discoveries are- - reported in Eastern Wash, jington Territory. With the finest climate in the world, rich agricultural land, large timber, beautiful streams, and what is still better, backed by great mineral wealth, the future of this Territory must indeed be grand. ? The United States Surveyor for Idaho Territory is engaged in making a careful survey of the property of the Altu-jm- s Company and also preparing exact charts and maps of the Underground workings, together with a precise report of pres-mdevelopments and prospects. I il against carbonate deposits, know nothing whatever of geology, mineralogy, metallurgy and the formation of the interior portion of the earth as regards minerals. These men injure themselves when they throw dirt at the mining industry. American Economist. Bring on your learned theologians, wise psychologist and plausible soothesayers, and well quit. Its astonishing what a number of stamp mills are being built, says the Economist. Let any one ask the question, What has become of such and such a mine? and ten to one the reply will be that the company is building a mill (usually the mill is nearly completed,) and that as soon as it is finished ore production will begin. When a mine is found to be destitute of pay ore, the proper thing seems to be to build a mill. The St. Louis Stock Exchange is ready for business. The officers are: James Baker, President; Thomas Richeson, Vice President; T. W. Ileman, Secretary; Frank T. Iglehart, Treasurer. Directors, G. W. Chadburne, Clias. F. Orthwein, Frank T. Iglehart, J. W. Paramore, .7. W. Noble, D. P. Rowland, Thomas Richeson, E. S. Chester, T. W. Heman, W. R. Allen, D. R. Francis, James Baker and John E. Ennis. The charge for listing stocks is $150. The Economist is somewhat astonished at the great interest being manifested in the mineral resources of Nova Scotia by leading capitalists of Chicago. Some time since Wells, Fargo & Co. are repoated as having purchased a mine in the vicinity of Halifax for $50,000. We hear of a company in Chicago who have purchased a gold mine for about the same amount. Two or three petroleum companies control large areas in the vicinity of Ainslie Lake and Bedeque. We have seen samples of native copper from Digby County: and as is well known silver has been discovered on the banks of the Gusket River. Yarmouth county also has two good mining companies established within its borders, where active work is trout-renown- ed going on. A correspondent, writing from Bonanza City, Idaho, says: But of all the wonders of this place the Gen. Custer mine is the greatest. It was first found by the great bed of slide from the lode, reaching from near the top of Mt. Custer to the foot far below. The height of Mt Custer above the waters of the Yankee Fork is2,300 feet, and the mine is located about three-fourt- h of the way up, and so prominent as to be an object of interest from points miles away. Out of the side of the mountain is an immense mass GOO feet long, and 200 or 300 feet Irish, this immense body of ore seems to have been projected upwards at an angle of thirty degrees from a perpendicular base, while near the top it seems to have fallen over so as to be at an angle of forty-liv- e degrees. This body of ore thus lies on the foot wall to a thickness of fifty to one hundred feet, while the hanging wall has gone mostly down the mountain. This slide thus took oil the hanging wall, except here and there a portion is left in the shape of huge boulders. This mass of ore exposed has only to be quarried and sent down to mill, and the quantity already broken by nature is so vast as to be sufficient to keep the mill running for one or two years. One pile of fully one thousand tons, that assays from $200 and upwards, is but the castaway ore of former owners of the mine, in selecting samples for shipping to markets in Utah and elsewhere. In the solid ore exposed, samples are seen that run from $1 to $5 per pound and the ore all contains metai, even to the surface thus exposed. The Custer Company have secured other properties adjoining, and as a whole have probably one of the richest mines in the world. On the Custer, various tunnels have been run in, and crosscutting done, which show the ledge to be over 100 feet wide, and over $3,500,000 worth is now in sight. |
