Omaha Daily Bee Newspaper, February 25, 1895, Page 5

-3 PULSEOF WESTERN PROGRESS Good Ohanco for Ent—tl:-n at the Opening of the Nes Poroes Rosorvation, PARTICULARS TO EADZ PUBLIC SOON The New Gold Camp at Alhambra—8an Juan ing Gold—Washington Conl Mine to Be Ruu on the Co-Operative Plan-News of the Northwest, Tho Spokane Burenu of Immigration has taken up th: opening of the Nez Perce In- dian rescrvation, and now has plans under formation that bid fair to bring about & big rush by homeseekers to that garden spot of the wost. Secrctary Bolster Is at work gath- ering data relative to the rescrvation—the probable date of opening, its resources, amount of land available, soll, elimate, adaptability of the different parts to fruits, cereals, etc., topography, timber, terms of sale to actual settlers, ete. From this he will compile a statement to be laid before the transcon- tinental railroads, which will be asked to #pread the information all through the mid- dlo states, and make a $25 rate from that section to the gateways to the reservation, with a proportionately low rate on settiers’ effects. It is believed that the reservation will be opened some time in May, the most delightful period of the year, says the Spokane Spokes- man-Review, and Secretary Bolster is confl- dent that if the raiiroads will work for their Interests several thousand people can be brought out from the east, and the scenes attending the opening of Oklahoma be re- peated here in a more orderly degree. “I am reliably informed,” said Mr. Bolster, “that the arable land to be épened to sottle: ment is sufficient to provide for 2,000 families, and it is expected that others can make satis- factory leases with the Indian holders, The terms are reasonable enough for such land— $2.76 per acre, 10 per cent down and the balance on easy payments. The government paid £3 an acre right through for the land, and congress, which at first thought the price rather steep, after Investigating concluded that the land was well worth the price. The land to be opened to settlement is the garden spot of America. Much of it is the best fruit land in America. If we can have the co-operation of the railroads, I am confident that we can add a population of from 5,000 to 10,000 to North Idaho within the next year.” GOLD IN SAN JUAN MINES. The “Silvery San Juan” is not all silyer, but bas a golden lining to its big white coat, and that gold is enough to make the mining of its ores an object. Last sum- mer more prospectors hunted over the hills about Silverton than visited that section in many previous years, and the fact was ad- mitted that Silverton was livelier than for a long time past, In Maggle gulch, opening into the Animas valley from the east a short distance alcve Howardsville, says the Denver Republican, many new leads of great promise were dis- covered late in the prospecting season, and some of these are expected to develop into good mines in the coming summer and add largely to the output of San Juan county. F. M. Jackson was up from Silverton, and he expresses belief that the camp will make much substantinl progress this year. At present the snow lies 5o deep in the hills that only old miners provided with outlet over low trails and well housed are able to work. The new discoveries cannot be reached until the snow goes, John Henry made a number of locations in Maggie gulch last year, and ore from the surface and the discovery holes assayed as high as 300 ounces silver and 2% ounces gold to the ton. Gottlieb & Connerkar opened a tellurium streak in their new discovery, from which they shipped a car last fail that netted cver $2,000. It was surface ore. Assays gove as high as 1,000 ounces silver and 22 of gold to the ton. Mr. Jackson and his partners took out ore on their seven locations that was ship- ping grade from the first, and other instances of the kind were numerous in the same local- 1ty. NO SCARCITY OF FURS. The story printed in a New York daily paper and telegraphed west to the effect that there was an enormous advance in the price of furs at the January fale in London is pronounced to be incorrect and misleading by W. F. Sheard, the exporter and Importer of raw furs and skins, who has made Tacoma his headquarters for a year past, says the Ledger of that city. The New York paper says its information 1s based on private cablegrams from London. Mr. Sheard received private cablegrams, as Yukon and its resources some ten years that the Dominion government is now anx- fons to find out the mineral wealth of the Yukon valley in order to construct a good gon road or a narrow gauge railway from 8alt Water, on the coast, to the head waters of the Yukon river. Last September Ogllvie, with a surveying party of nine Canadians, started from Juneau for the head of Taku Inlot to make a preliminary survey and a topographical report on the Taku route for the construction of a road to the head waters of the Yukon river. “Among all classes of pesple in_Alaska it fs the universal opinion that if England eucceeds in gettiug this strip of territory from the Uulled States government it will be a steal pure and simple and another vic- tory for the aggressive policy pursued by the British.” Mr. Carpenter also says the American boundary survey partles were negligent in their work, not sending parties Into the in- terfor, but merely makiag observations with field glasses from the decks of their steamer, while the Canadian surveyors scaled the high coast ranges to the very summit of the moun- tains, In many cases subjecting the men to imminent danger to life and limb In order to secure exact data, which would naturally make and mark a Loundary line. Mr. Car- penter says the sending of Oglflvie's party in midwinter Into the most dangerous part of Alaska to report on the Taku route is sig- nificant, Ogilvie will return by the middle of March to make a hasty report to Ottawa, thon return and fifish the boundary survey. EXTENSIVE PLACERS LOCATE! Over In southwestern Colorado B. F. Grant, Heber J. Grant and nssociates have located several thousand acres of placer grounds along the banks of the Bear, Sand and five other crecks which flow down from the Santa Cristo range into the San Luis valley, says the Salt Lake Herald, and these vast deposits of gold-bearing sands are to be worked with the coming spring for the pur- pose of determining just what there is in them. All indications point to the success- ful termination of the tests which were commenced a short time ago and abandoned for the present” on account of the cold weather, and should the machine which the locators are experimenting with prove all that the inventor claims for it, then the gentlemen at the head of the enterprise have fortuncs awalting them in the xands of the seven crecks which have been located. Speaking of the proposition, B. F. Grant stated that hundreds of assays and tests made with sand from all of the locations secured by himself and associates gave re- turns of from 60 cents to 75 cents per cubic yard, and the deposits are practically limit- less.” Some very rich spots have been found and these will be experimented upon in the spring. The tests just made were for the primary purpose of determining whether or not the oxide of iron in the sand carried the gold or whether the metal is free. It was fully demonstrated that the ground is pure placer and the gold free. These gold bearing sands are evidently the wash from the ledges of the great districts surrounding Cripple Creck. The general formation of the country is as represented, decomposed quartz and porphyry predominating. Should the tests to be made within the next two months prove fully successful, operations on an extensive scale are to be commenced, and the locators of the great stretches of sand will have a bonanza in the possession of the properties. KEYSTONE WEALTH. Test runs are being made here of the ore of the Crow Peak Mining company, says a Deadwood special to the Sloux Falls Argus- Leader. Tests made with a pan and mortar have given returns amounting to from $20 to $46 per ton. The company has a large quantity of ore already extracted and will ship It to Central if satifactory arrangements can be made. On this test run depends the erection of a large plant at the mine. Plans have already been made out for the mill and a great deal of work will be inaugurated if the test is successful. It is believed the property will be a second Homestake. The Keystone Mining company is arranging to pay the outstanding indebtedness of the com- pany and provide a fund for the purchase of machinery and for extensive development. There s no question now but that the Key- stone will make and become a permanent mine and a continuous producer. The Key- stone stands for the entire gold belt of the Hills. The fact that this mine has shown a continuous ore body to its present depth of 850 feet, that the ore, while low grade, is at that depth undiminished in quality, is the best proof possible to prospective investors that the entire belt on which it is located is a safely profitable investment. A NEW GOLD CAMP. The new gold camp at Alhambra Is situ- ated twenty-two miles above town, says a Parkdale special to the Denver Republican, from which there is now a good wagon road at water grade, the only wagon road now open and in condition for heavy freighting, being some eight or ten miles shorter than the route from Canon City, also lying on the southern slope of the divide the entire dis- tance, thus leaving 1t free from snow the greater portion of the winter. This road usual, following the sale, and according to his cablo report from the largest London dealers the following is a correct comparison of prices, as shown by the January sales: Beaver, 10 per cent lower chan last Jan- uary; lynx, 15 per cent lower than last March; wolt, 5 per cent lower; raccoon, 30; skunk, 10; wildcat, 10; badger, 10; muskrat, 15, all lower than last March; martin, 60 per cent higher; mink, 10 per cent higher; black bear, 5 per cent lower; brown bear, 30 per cent higher; grizzly bear, 20 per cent higher; hite fox, 130 per cent higher; red fox, same last March; grey fox, same as last March; fur seals, the as November, 1894, which was lower than for many years. “It is not true that fur bearing mals are becoming extinct or nearly 80. In 1804 more valuable furs were offered than in any one previous year. The year 1895 bids fair to increase the collections over 1594, and particularly o on the Pacific coast. It is twenty years since the Hudscn Bay company carricd on the fur business on a large scale in this section of country, and in that time the number of fur bearing animals bas largely increased. Last year and this miners, prospectors, farmers and all classes of idle men have gome to trapping for want of something better to do, knowing they can always get a few dollars for furs. Men have gone out In this way in all the Pacific coast states and in Alaska as well.” FIESTA DE LOS ANGELES. One of the most gorgeous spectacles that can be imagined will be the “Battle of the Flowers,” which occurs on the last day of the Fiesta de Los Angeles, at Los Angeles, Cal., in April. Around = the plcturesque iake at Westlake park in that beautiful city is a splendid boulevard. As a culminating event of the carnival week there will be a floral parade, which will pass in review on the drive before an assembled multitude, who will occupy seats erected outside the boulevard. Nature's most lavish floral gifts have been showered upon southern California, and the spectacle will be an enchanting one. It s estimated that there will be a solid mile of floral Aisplays, bewildering in their varlety and beauty. Generous prizes have ‘been offered for the best displays and the floral pageant will be one that can scarcely be surpassed in the world, Avrangements are being made for a grand military tournament to take place during the the carnival weck. The competitive drills will ba one of the interesting features of the carnival, and the umpires will be oficers of the United States army. One remarkable feature will be the pres- ence of bands of Indlans from Arizona, New Mexico and Mission Indlans from Cal- ifornia reservations. The Indians take great pride In these fiestas and form one of Its most attractive spec At one of the reservations is an aged Mission Indian, who has reached the ripe age of 125 years, and Wwho still retains his faculties with remark- able vigor. In spite of his mummified ap- pearanco his participation in the flesta pageant will be arranged for, and the old fellow is looking forward to it as a great eyent, JOHN BULL GRABBING FOR ALASKA. “If tho clalm set up by the British is correct, there Is a prospect that Juneauw will come within the limits of the territory clalmed by the British under their interpre- tation of the description of the boundary," says G. A. Carpenter, editor of the Alaska News, in a recent interview with a reporter of the Seattle Post-Intelligencer. “This des- erlption says that, in the absence of & moun- tain range, the boundary shall be within ten marine leagues of the coast line. The Amerlcan idea s that the line shall follow the meanderings of the bays and inle “The idea is, from what I Willlam Ogllvie, who has charge of the Canadian surveying party, and who was one of the ploncer surveyors of the Canadian Government in making & report on the ani- will probably be shortened in length by cut- ting through Curran creek canyon, thereby making the total distance from Parkdale to the camp nineteen miles. Parties who are just in from Alhambra are exhibiting specimens of ore showing con- siderable free gold, and which run from two to five ounces fo the ton. Corbett camp, which 1s located five miles this side of Alhambra and thirteen miles northeast of Parkdale, also has some promising proper- ties opened up that are now shipping some ore which runs from ome to three ounces in_gold. It {s evident that the mineral belt on which Alhambra is located extends south along Currant creek as far as this point. Considerable prospecting has been done in this vicinity during the past year, but as yet nothing but low grade ore has been en- countered. Much faith, however, is belng shown by the fact that considerable develop- ment work is proposed for early spring, some contracts having already been let. A CO-OPERATIVE COAL MINE, The Renton coal mine, which has been shut down for the past eight years, will soon be reopened and worked by a co-operative com- owned by Mr. Simpson d was operated until the miners went an a strike some eight years ago, when Mr. Simpson closed it, says the Seattle Post-Intelligencer. Mr. Daniels, the chief promoter, said in explanation of his project: “The Renton coal mine property consists ot about 886 acres of land, 115 lots, 50x120 feet in size, and a few fractional lots in the most desirable portion of the original plat of Renton; also between $3,000 and $5,000 of per- sonal property, consisting of n:achinery, mine cars, ete. “It will require but @ small expenditure to place the mines on a shipping basis. There are four workable veins of first class coal. ‘The property is known among miners as be- ing & ‘free mine,’ that Is, being entirely free from fire and deadly gases. The mine is only about ten miles from Seattle. The Col- umbia & Puget Sound railroad and the ‘Belt Line' of the Northern Pacific rallroad reach the property, affording transportation to Seat- tle, Tacoma and tidewater. “‘The capital stock of the company is $100, 000, in 1,000 shares of $100 each, non-a sessable. A “The company proposes to confine its mem- bership to competent workmen, to pay first- class wages and offer regular employment to its shareholders, who will have the preference right of employment, making it an object for £00Q men ta become interested In the enter- prise; to allow consumers of coal to acquire shares, thereby making them Interested in the welfare of the company and entitling them to a share of the proflits. “The stock is being rapidly subscribed for and there is every evidence that the miners of King and Pierce counties have become very enthuslastic in the movement. The mine will require a superintendent, mine foreman, en- glneers, machinists, blacksmiths, loggers, teamsters, and many laborers, with preference right of work to those who are stockholders. LOOKS LIKE A FRAUD. Private advices received here, Santa Fe special to the Denver New to the effect that a London broker named Frazer, working through unkuown Ameri- can parties, is meeting with very great suc- cess in securing subscriptions for what he calls the Toltec Irrigation company, to bring under cultivation large tracts of land in the ys & Rio Grande valley, In New Mexico. He clalms to have his canal in project com- pleted and in operation tar as Albu- querque,” and on the strength of some sort of pledge o guarantee enormous profits he 1s sald to be picking up any number of sub- scribers. It is sald that £26000 has been raised and lodged in banks in London, and the American end of the concern, shrewdly using this subscription as a basls, has gone to ‘Glasgow, Scotland, where he hopes to are | THE OMAHA raise $100,000 additional. As far as can be ascertained by Inquiry this is & fravd of the rankest sort. There are any number of legitimate enterprises of this nature in New Mexico that go begeing for capital to make them yield phenomenal profits. EXCITEMENT AT GOLD HILL. Another strike in the Gold Hill mine at Gold City, the new mining camp near Salt Lake City, set all tongues wagging again and revived the excitément, which has cooled somewhat, to fover heat. The strike s on the property of the company in which Wol- stenhiolme and Morris are interested, says the Salt Lake Herald. The men working in the Gold Hill have been sinking an cight-foot shaft on the veln, and a day or two since came to a point sev- enteen feet from the surface, where, to all appearances, the veln pinched out. But fortune favors the brave, and the men worked on with drooping chins. The vein was again encountered, and to the infinite satistaction of all concerned, instead of being elght inches wide it was eighteen, and very rich at that, Mr. Morris ®ald that prospects were now very bright indeed. So rich in character Is the ore that the company intend sorting in future. The first-class ore will go, s0 Mr. Morris belleves, about $200 per ton, while the inferior grade will run from $25 to $10 per ton. Everybody in the neighborhood is rejolcing over the outlook. “There seems to be a bit of inclination on the part of some to belittle this new camp,” sald Lumberman Atwood of Murray. “I, however, have coafidence enough in the con- cern to warrant me in buying two lots, and I lave done so. 1 am golng to begin business with a lumber yard and coal office and a neighbor of mine will in a day or two start a butcher shop. One restaurant opened —in a tent, of course, They cannot build houses until they get lumber. A LUCKY UTAH MINE. Word came In from Eureka, says the Salt Loke Herald, to the effect that all previous rich strikes’ in the Mammoth, which is famous for the extent and value of the gold- silver ore bodies which have been uncovered, have been discounted by one just made on the 1,000-foot level, almost directly under the point of the 800-foot level, where the great pocket of gold ore out of which most of the company’s dividends were paid was encountered. News of the strike has been guarded very closely, and every member of the directory who has been approached upon the subject has either evaded a’ direct reply or made general denials. The strike has been made just the same, and it is re- ported that the new ore body is constantly increasing in extent and becoming richer with each foot of development. Again has the Mammoth proven itself a gold as well as a silver mine, for assays of the rock now being taken cut of the pocket give average returns of seventy-two ounces in gold and a handsome showing in silver. Already $18,000 worth of ‘the gold-silver ore has been taken out of the mine, and is now ready for shipment. Extraction is still in progress, and it is evidently the intention of the management to make some heavy and rich shipments at onec. A CLAIM JUMPER BLUFFED. The story has just leaked out of an attempt to jump the famous War Bagle mine in the Trail creek country in British Columbia, says a Spokane special to the Denver News. A man named Toppings, a barkeeper, was found surveying and staking out the ground on which the mine Is located. He was ques- tioned by the mine superintendent what his purpose was, and he informed him that he was locating the claim, as the present owners had forfeited their Tights to the mine by al- lowing thelr miners' license to expire. This was found to be trye. Patsy Clark, the mil- lonaire miner, who is president of the War Eagle company, was wired at Spokane of the desperate situation and danger of the mine being jumped. He, with D. C. Corbin, presi- dent of the Spokane Falls & Northern rail- road, and also a stockholder in the mine, ordered out a special engine and coach and a mile a minute gait was struck for Nelson, B. C., 200 miles north of here, where the neces- sary license was secured under the Canadian mining laws. It.was necessary to take out a license in order to hold or work any mining property. Clark then immediately returned to the mines and showing Toppings the li- cense, and running a good strong bluff, he induced him to abandon his attempt to jump the mine. The War Eagle is a gold and cop- per mine and is valued at $1,000,000. NEBRASKA. Cuming _county teachers convene at West Point on March’ 2. There is talk of organizing a lawn tennis club at Pawnee City. Nebraska City's cereal mills have started up with twenty-five men at work. Work on the Farmers canal at Bayard is to commence in the early spring. A Rebekah lodge with twenty-four charter members has been organized at Oakdale. Frank Cheney's butchering establishment at Hemingford has been destroyed by fire. Platte Center people are talking of organ- izing a lodge of the Modern Woodmen of America. Blue Valley Congregational Sunday school convention will be held at Friend, Febru- ary 26 and 27. Will Noh of Colfax county had his left hand cut off by a stalk cutter, only the thumb remaining. Ora Kain, a l4-year-old boy who was found drunk on the streets, is still in jail st Beatrice. His trial is fixed for February The South Platte Poultry association will hold its next meeting at Geneva on March 4, for which day an interesting literary pro- gram has been arranged. Dr. Keiper, the well known democratic politician of Plerce and candidate for con- gress three years ago, is a candidate for the superintendency of the asylum at Norfolk. Sparks from the engine of a passing freight train set fire to the stock yards belonging to J. G. Matheson, near Pilger. A large hog pen and corn crib were burned and several hogs were cremated. Some boys at Stuart went into a_building occupled by John Skirving to smoke cigar- ettes where they would not be interrupted, and one of them gathered some hay and built a fire which consumed the building and its contents. Two old timers have died at Decatur within the past week. Elijah Walters came to the state with the first Mormon outfit that crossed the Missouri, and his funeral services were cenducted by a Mor- mon. He was over 90 years old. A, B. Fuller settled in Burt county when Dacatur was a rival of Omaha. Alice Hankins, a Nance county girl of 17 years, whose mind bhad become overbal- anced by hard study, has been taken to the Norfolk asylum. Eighteen months ago she was considered one of the brightest girls in the school. Lately she has taken to sitting for hours in her room, declining to speak to members of her family. A mad dog, whose owner had been keep- ing the animal chained up to watch the progress of the disease, broke loose and created considerable excitement in Fair- bury the other day and the mayor immedi- ately called a meeting of the city council, which passed an ordinance that all dogs that were allowed to run at large on the streets should be muzzled. IOWA. The dates of the Waterloo Chautauqua have been fixed for June 20 to July 4. Judge Husted set the hearing of the An- clent Order of United Workmen case at Du- buque for May 7. There have been fifty conversions at Livermore as the result of the revival meet- ings conducted by Evangelist Clapp of Boone. Charles Gallop of Charles City is in for a share in a $5,000,000 estate to which his aunt, Mrs. D.'S. Casey of Minueapolis, has fallen heir. It is now practically settled that the Des Moines river land settlers will have to wait another year before they will be compen- sated for their losses. Ernest Remsch, who Peter Smith, three miles north of Mount Pleasant, has been missing over a week. He is 21 years of age, five feet and eight was working for inches tall, welghs about 176 pounds, and has a smooth face. He left moit of his clothes. There is no reason given for his sudden disappearance. Serious results from hydrophobla were nar- rowly averted by the presence of mind of Mrs. J. A. Hassett at Jefferson. She was holding & pet dog in her lap, when sud- denly the animal jumped to the floor and be- gan running about the room, at the same time frothing at the mouth and snapping viclously at everything. Mrs. Hassett, real- 1zing In & moment that the dog was mad and that unless it was killed the cbildren would be bitten, grabbed the dog by the neck with both hands, and choked it untll she was DAILY BER: able to throw it out of doors, when it was killed. A physic onounces it a case of genuine hydroph: Mhe dog had shown no signs of madnesd: up to the time it jumped to the floor, with foaming jaws. At an auction sale at Cherokee blooded horses sold at the To¥dst prices ever known there. Ome beautifph d-year-old, sired by lowa Jim, went for ;§20; a 2-year-old by German Boy, $9.50; one span of 4-year-olds by Zanthus, good drivet’$38, and a 2-year-old Westfall filly, §5. 1Others sold as low as §2 and sales were slow and not many buyers. SOUTH DAKOTA. A creamery and €éparator are soon to be built at Hurley. |7 A very large goM Tfugget of the value of $49.50 was found by a placer miner on Castle creek. . One hundred thousand acres of land In the Crow creck résérvation will be opened for scttlement this spring. The Huron Creamery company has boen organized and will be incorporated with a capital of $5,000 in shares of $25 cach. White Cloud, the squaw accused of at- tempting to murder her husband, attempted suicide at Pine Ridge agency, since which her case has been dismissed The Western Agricultural soclety, with headquarters at Aberdeen, has heen organ- ized. The object of the association is to elevate the standing of agriculture. Beadle county commissioners have pur- chased 80,000 bushels of seed wheat for dis- tribution among farmers the coming season The demand will probably reach about 50,000 bushels. At a_meeting of the poultry breeders of South Dakota, held at Canton on the 6th instant, a State Poultry association was or- ganized, and it was decided to hold a show in November next. The late cold snap has caused stoppage of prospective work in_Yellow Creek district. The claim owners who braved the elements are getting good results and are preparing for large shipments of ore. Prof. A. H. Wheaton of the dairy depart- ment of the State Agziculiural coilege and president of the South Dakota Dairymen's association, announces the next annual meet- ing of the association at Madison on the 12th of March, A large body of rich gold ore is said to have been recently struck in the Montezuma mine near Rochford. The strike was made in the old tunnel run afout fourteen years ago, where a fourteen-font vein was encoun- tered, the ore of which assays $25 per ton. Messrs, Ingram & McBacheron, who are building a cyanide plant at Keystone, one- half mile from the Holy Terror mine, struck a body of ore while grading for the plant. Development work has been’ pushed on the find and a streak of ore was encountered which was 0 rich in gold that armed guards are kept during the tme that the mine is not worked. The ore is extremely rich in free gold and the vein is growing wider as the shaft is sunk. This find is a second “Holy Terror."” That portion of the Great Sioux reservation which remains unsettled after the 10th of this month will be disposed of at the rate of 50 cents an acre, according to the law of February 10, 1889. That law provides that that portion of the Great Sioux reservation which lies west of Pierre that at the end of five years still remained unsettled should then be opened to settlers at 50 cents an acre. The time is now come to secure this cheap land. Already many have selected their lands and are now willing to file upon them. COLORADO. A stage line has been established between Cripple Creek and ,Alhambra. The reported rich strike in the Anaconda has simmered down #0'only a small streak. Tho famous Bachelor is in the biggest and best ore bodies since its existence as a mine. The Rico Sun reports thirty cars of ore shipped from that pamp during the first week in February. Al A test run of twelve tons of ore has been made by the Gold Dividend Mining and Mill- ing company at Crestohe. A retort of twenty ounces of gold was th result. Rich specimens brought in from late pros- pecting along the /hills. of the Cebolla river show free gold and.ithe parties believe they struck what will be & pay mine. As soon as practicable work will be com- menced on the Eureka extension of the Silver- ton railroad. The Dokl etve employment to a large number of fien and the line will be about nine miles long, Georgetown Is worked up over a sack of ore recently sold to one of the samplers by T. Reynolds and claimed to have brought $1,600. It is supposed to have come from a new prop- erty on Irwin’s Peak. L. F. Baxter has sold the Excelsior mine, northwest of Crested Butte, for $20,000. This property has a very rich vein of silver, and, like the famous Augusta and other noted minas near by, carries well in gold. The lessees on the Dolly Varden, Cripple Creek, who have been drifting from the bot- tom of the shaft for the vein, have broken into it once more, and find the quality and quantity to be as good as ever. They expect to ehip at least $25,000 worth of ore this month, Austin H. McFarland has on exhibition at the city ticket office of the Rio Grande at Denver a handsome plece of ore from the Little Johnny mine at Leadville, It is well blotched over with leaf gold and shows the yellow stuff in its native form and to good advantage. The ore is estimated to be worth $40,000 a ton. The Johnson mine at Fulford camp, Eagle county, is improving as depth is gained and can now be termed a gold mine, the stamp mill being kept running steadily on the ore from this and the Polar Star, which is also looking well. Only the best of ore from both mines s being milled at present, the recent heavy snowfalls making transportation (0o ex- pensive for the low grade material. The Malachite mine, six miles northwest of Morrison, Jefferson county, is about to be operated by a New York company, of which Judge Deweese is its Denver agent. The mine was operated twenty years ago by a Boston cempany, which erected treatment werks in Golden. There is a tunnel in the mine 365 feet in length, and considerable ore is blocked out. A plant of machinery has been ordered and new buildings will be erected for the accommodation of the men. The ore carries 14 per cent nickel, with fair values in gold and copper. WYOMING. There are now at the state fish hatchery 800,000 young trout, just hatched out and in fine condition. The Rock Springs Miner states that there is a stampede among the citizens of that city to take out coal cldims just north of the city. The machinery for the oil refinery at Cas- per has been shipped and the expert chemist of the Pennsylvania company s on hand to put it in place. The Saratoga Si states that a flock of 500 sage chickens came down from the head waters of the Platte the other day on ac- count of the heavy suow in that vicinity. The Big Horn people are to be congratu- lated. The prospect of a speedy organiza- tion of the county and that the Burlington will_soon build into’the basin is enough to give that region & boom. It is predicted that Wyoming will become an important factor Jin gold production in future. A large amodnt of preliminary work was done last year which should bring fruit in large ylelds of gold this year. Parties from Cheyeilne were operating in the vicinity of Mr. Spencer's ranch on the Laramie river last season and found fine gold in considerable guantities lodged in the gravel which had béen'deposited by the river. Within the last thirty days there has been filed in the county clerk's office at Lander a $2,600,000 article’of incorporation, another of '$2,000,000 and twg other corporations of smaller amounts to'begin in the mining busi- ness in Fremon: county. Several shipments of dirt from the Green River placer grounds'bave been sent to San Francisco during the past few days and there are rumors afloat that machines will be placed in operation that will save the fine gold if the dirt proves worthy. Big Horn county will be organized as soon as possible. The decision of the supreme court that the county can be organized as soon as it has a population of 1,500 was received with great joy, and as the territory to be included in the new county cast 1200 votes last fall the proviso is already complied with. Information 15 wanted of Joshua B. Rus- sell, who ran @ frelght outfit from Cbeyenne to Buffalo in 1853 and who afterwards went to the Ute reservation, where he was last beard from. Russell has fallen heir to con- siderable property by the death of his father and the administrators of the estate are un- able to locate hiw. MONDAY, FEBRUARY 25, 1895, FORTY-NINTH ~ ANNUAL REPORT OF the Connecticut Mutual Lite Insarance Company. To the Members: Despite its general dullness, the year 150¢ was, on the whole, a fairly prosperous one for your company. The hard times and t hungry eompetition of a certain class of com- panies made it somewhat more difficult than usual to do a large new busines: Carcful imen are cautious in-such times about taking on Increased expenses, But just such timos make the unselfish, tenderly provident and prudent husband and father realize the more clearly his family’s need of a sure and con stant protection and thelr dependence on him to provide it. It Is only to that class that the Connecticut Mutual, with its simple, wholly businessiike and wholly non-speculat- ive plans and methods, commende ftself. It is not surprising, therefore, that, while we wrote slightly less in amount than In the pre- vious year, the number of persons insured was larger, The preportion of lapses and surrenders was extremely small, being only 3.67 per cent of the amount at risk at the beginning of the year, and less than in the previous year, so that while the amount at risk has decreased a trifle, $307,627, the number of persons fnsured has increased several hun- dred. The remarkable persistencs of our bus- iness is a most grat'fying feature. On the one hand, it s due to the unparalleled low cost of insurance in this company, and, cn the other, it helps to keep down that cost by making it needless to spend heavily for new business to replace a heavy outdraft, The mortality somewhat higher than in the previous year, but was still far below that expected and provided for by our caleu- lations The gains in income, assets e been satisfactory. The expenses have been kept rigidly down to the same scale of economy which has al- ways characterized the company and given It an unique position among institutions of its kind. The increased dividends paid were fully carned, and there was left besides a sub- stantial addition to the surplus which pro- tects our large and all-important obligations, and which, also, materially assists in main- taining a steady rate of dividend unaffected by ordinary changes in general business con- ditions. In all that goes to affect the strength and permanency of your company and the cost and surplus [ of your insurance here, now and in the fu- ture, the results of the year are not only satisfactory, but, under the untoward gen- eral circumstances, gratifying. To speak in detail: FINANCIAL OPERATIONS. Received For premium: For interest a Balance profit and los Total income. ments Surplus r icy holder Lapsed and surrendered policies . Total paid policy, holders ... $6,108,991.52 Commisions o ‘agents, salaries, medical ex- aminers' fees, print- ing, advertising, legal, real _estate, and all other expenses of management Taxes Total income .. Total disbursements Balance carried to increase net or ledger assets... s Add net assets, January 1, 1891 Net assets, January 1, 1895. .. .§60,546,308.35 Ada interest ‘due and accrued, market values of stocks and bonds over cost, and net de- ferred quarterly and semi- annual premiums, as per item- ized statement, herewith........ Gross nssets, January 1, 1895 Total liabllities Surplus, January 1, 18%..... INTEREST. ‘We received for interest and dividends §2,939,965.80; for rents, $268,442.48. On real estate loans of $37,484,848.18 the overdue interest at the end of the vear was $98,- 947.53, or 26-100 of 1 per cent. Nearly all of this small percentage is on loans an city property. On farm loans of § 7.04 in the *‘corn belt” only there was only $12,- 097.10 overdue Interest. Our experience has steadily shown that the ability of good farms, in good hands, in the right localltics, to pay interest promptly on a proper, that iz, a rela- tively small, loan, is less affected by hard times than is the case with city property of good character and of the average variety and yet we loan only In cities which are th great centers of commerce. All our loans are Very conservatively distributed and placed. On bonds costing $12,256,890.25 there were two items of overdue interest, amounting to $4,700. One of these is on bonds of the city of Austin, Tex., and the other on first mort- gage bonds of the Detroit, Lansing & North- ern railroad. In neither case do we appre- hend a loss. LOANS ON REAL ESTATE. We loaned on real esiate during the year $6,880,007.84; loans were paid amounting to $7,004,654.52. FORECLOSURES AND SALES OF ESTATE. It is not to be supposed that over 11,000 loans, aggregating over $37,500,000, could go through times cf protracted and severe finan- cial stringency and depression without some defaults of payment, and the necessity of enforcing our security In such cases. During the year we have taken in under foreclosure property cost'ng us at decree $187,603.74, and hava sold properties costing us $230,331.08, leaving a mnet increase of real estate held at a cost of $257,272.41. Of these sales §186,- 056.64 reprezented the cost of properties which were entirely closed out at $203,465.95, a gain over ccst of §$17,409.31. The remainder represented salea of parts of properties. While we always regret the neccssity of realizing on our security, and do not wish tb hold property any longer than is neces- sary in order to sell it to your best advantage, we are governed by the fact that these are not the tmes to pross real estate to eale except at a sacrifice, which we do not need REAL to make, We are strong holders, and can well await a nermal market A bit of history will illustrate. In the disastrous decade 1570-80 we took in prop- erties costing §13,482,163.49, and valued by the then insurance commissioner at only $11,,828 586.09; out of which properties cost- ing $7,813,010.62, and valued at only $6.234,- 007.94, have been sold for $8,721.2; galn_over cost of $1,408,205.69, and $2,487,- 208.37 over the commissioner's valuation. And these properties came from loans made upon valuations representing the great cur- rency inflation prevailing during and after the civil war, and suffering corresponding shrinkage as the country approached a sound basis. That element of disturbance and danger is fortunately absent from the present situation. We can therefore contemplate such fore- closures as have been and aro likely to be made during this depression without serious anxiety, while the higher rate of interest realized from real estate loans makes them especially desirable for earning dividends. BONDS. No purchases of importance have heen made during the year. Bonds have been paid off to the amount, at cost, of $173,- 038.30. We now hold bonds of the par value of $11,838,800, costing $12 and worth January 1, 1895, $12,700,047 by a most conservative use of market quotations. An inspection of the list will disclose their high character. We have been at a good deal of pains to get cur Loldings into bouds having a long time to run. Insurance Operations, MORTALITY The death losses in 1894 were somewhat higher in amount and ratio than those in the previous year, but were still so far within the amount anticipated by our premiums and reserves as Lo give us & net saving of about $385,000, REVIVALS. A good feature of the year's business was the revival of & considerable number of poli- cies which lapsed in the pressure of the panic of 1893, It is far the cheapest way in which persons who still need insurance and are still insurable risks can resume carrying poli- cles. Our agents are (nst ticular attention to such ted to give par- [ dond In 1801, On policles like the one Jusd cited that dividend was estimated at $5, DIVIDENDS. Tere are the dividends pald: On policles ’ : fscued In 1871 the dividend in 1591 wam The dividends pald to policy holders tn | lseue 1 1894 were larger than those paid in 1893, The | $4,076, or 562.07 per cent of the cstimate; om cost of their insurance was therefore less, A | Policies issued in 1872 the dividend pald in 1ike increase will be made in the dividends cu [ 1892 was $4,456, or 46.63 per cent of the potivies renvwing in. 199 ostimate; on pollcles lssued in 1879 P > ‘F”",”q the dividend pafd In 1803 was $4,368, op Notwithvtanit \ ,] L) dividdnds 4| 45 per cent of the estimate; on policles ot |“;|"|< :v;fi" niI: .“J(EI" dw“_ "» -’;d» ";'“r; Issucd in 1874 the dividend paid in 1804 was §94, the pl 048 ol 0 r 4296 p o $0.418,097.57 January 1, 1894, (0 $6.576,212.78 | S0 wolicies ‘(',{rd'T' ey ot vt |le‘";m“ January 1, 1595, a gain of $128,18091 But [ {1 FOuciis wmed 10 e oo o $262,618.80 of this was due to the increase in s -+ per_cent OL B estimate, s the company itselt fure hes the best comment on this history in its preface to its book of “Hstimates” used Ly agents: “While the results of the future must necessarily depend on the oxparience of the future * * ¢ figues based on pas experience furaioh the bist attainable data por. which to judge of the management of the society and the value of its tontine ase surance. When these poliel tontine _dividend o market values of stocks and bonds over thoso of the previous year, leaving a gain to surplus of $166,666.11 from the actual opera- tions of the year Out of this surplus must ultimately come the difference between the par and market values of our bouds if they are held to matu- rit the rest, It protects the assets and the business againtt unforeseen loss and dis- aster, and aids materially in earning current dividends and keeping them steady, while cach mataring policy as it retires from the company receives its apportioned shar Our surplus wonld be over £1,000,000 larger than we eourt it if we tested our own strength » have received thelr one they fall back into the annual dividend class, And the annual “divie dends™ are slight. As the “investment” quality dies out its by the legal standard used by the state de-|form is attractively varied to conceal the partments and by other companiss. Com- | want of substance and to create the illusion puted by them our surplus would be about {of giving much for lttle. The policies are $5,000,000. made to have an appearance of liberality as NEW BUSINESS. to conditions, which is false in part, and for We have Hly adhered to our time- [the rest part destructive of honest mutuality honored prineiple of sceking only such good, and of public morality. safo business, in the healthy parts of our he legitimato bus s of a l'fe insurance own country only, as could be had without [company is the payment of death losses out increasing our expenses and so Increasing |of the premiums paid by its members. Aside the cost of Insuranc Ho great stress has | from making its contracts absolutely just been laid by certaln companics, laborlng un- [and secure, the great merlt In ade der certaln necessities of their own creation, | minist fon is to take as little money on the imperative need of a great volume of |as possible from its members; to do the new businees every year, and they so vio- | business as cheaply as possible: to make lently critieise those Who do not follow their | their annual paymonts as small as possible. lead, that not a few managers regard them- | To assume to convert the payment of 108868 selves justified in meeting hard times with a great _expenditure rather than allow a fail- ing of in amount at risk. An appearance of enterprise is to e maintained at whatever cost to their policy holders. Dividends must not stand in the way. The Connecticut Mutual is so large and its business o stable that it does not need to make size or growth a matter of other than s fmportance. Its first aim is to ma s sccure; its second, to make of any sort Into an Investment operation Is an abrurdity. Any advantage to a favored fow cansbe had only by the wholly needless sacrifices of multitudes, each one of whom hopes to be of the favored fow. CONDITION OF THE COMPANY. ets January 1, 1805, are $62,234,« 9 amo conservative valuation, an Increase of § during the year. The liability for reinsurance reserve on busines them cost as little as possible through ccon- | based on the assumption of earning 4 per omy and prudence; and then, from such|ceat annual interest (prior to April, 1882) business as a low rate of exy will secure | 1 $44,208,852; on business based on the 3 per without making us cut policy holders’ divi- | cont interest assumption (all since April, dends, it takes on growth in easy times and it is $0,012,200. This last item of ros in hard times it takes it or mnot, as may is considerable over $1,000,000 moro happen. Cost to the present members is s0 it would be on a 4 per cent Interest vifal a matter in life insurance that, in our view, if that element be properly taken care of the matter of growth is not a thing to be It will take care of itself in The company is &0 much than any legal standard requires, or than any, competitor. ~ As the rate of interest tends to avitate downward our position in this mate ter is one of congratulatien to our policy holders and of satisfaction to the manages EXPENSE ACCOUNT b in 1864 y 9.94 per cent of the. in- come, a ratio materially less than that of any competitor and much less than half that of the most pushing companies, The cost of our insurance is corr: stronger hie other liabilities ar> $1,137,621.65, leave fug a surplus of $6, , which has been referred to elsewhere. CONDENSED STATEMENT. forty-nine years of business tbe Cone spondingly | Tn less than in those companies. The cost of our | necticut Mutual ha insurance is and for a long time has been | Received— de ing each year; the cost of theirs is|For premius Interest, re and for a long time has been inc balance profit ing. COMPETITION 1oss The tontine schemes of onc sort or an-| . other In use.by 50 many companies require | oGl extraordinary profits to make the extraordi- | peath elaims and nary dividends promised in but postponed to the future. These profits are to come from forfeitures, and a great many are needed, endowments Dividends Surrendere for large amounts, for the success of the| rotal paid policy plan. A great new business to fur- holders s1 nish great forfeitures to the pool | Expenses seems to be the central idea and|Taxes aim of the scheme. It is the one end to which every nerve ie strained. The new bus- iness must be kept ahead of the forfeitures. This makes competition excecdingly sharp. For example, one New York company wrote in 1894 the enormous amount of $200,- | scrutiny. 000,000 and over in mew business. But it| In fis business conceptions, plans and also had lapsed and surrendercd, beside its | methods, its strength, economy, equity, and deaih losses and endowments of about $10,- | unparalleled results to its members, the 000,000, the great sum cof over $156,000,000, [ Connecticut Mutual stands in its totality the over 20 per cent of what It had in force at | Matured fruit of time, experience, and con- the beginning of the year. Several other | Servative administration, carrying in_itselt companies’are striving to outdo if possible, or | the vigorous and healthy sced of a benefl- at least equal, this one. Iis expense account | Cent future. Respectfully submitted, is 23 per cent of its income, and has been O as high as that for many years. Its rivals L u S . L. LJOUGLAS SHO 200,672,218.84 Balance, net or ledger asscts, January 1, 1895 $ 60,516,398.36 We commend this record to your careful are not behind in Ilberality of plan or ex- penditure. It is useless to look for honest, IS THE BEST. FIT FOR AKING. legitimate competition—an examination of real merit—under such conditions, The bus- $5. CORDOVAN, FRENCH & ENAMELLED CALF.’ ness is solicited upon cunningly devised plans, upon deceptive estimates of profitable R%4.3350 FINE CALF &KANCARDD. $3.80 POLICE,3 S0LES, “investment” wh'ch have never been ful- filled, and is usually secured by a heavy re- 9 $2. WORKINGME 9280 2 ron PineTENS, N bate on the premium. Whoever pays one of these ccmpanies any large part of his first year's premium is probably being diserim- inated against by the agent. ] $2.%1.7 BOYS SCHOOLSHOER Under these conditions the Connecticut ‘LAD . Mutuul still offers plain life insurance, as +: .5‘.2"-}55 protection to the family, and tries to make 3527 BEsTPONGOLY, it attractive simoly by making it perfect EST to that end and by keeping its cost down “, .E?'" %’&% to the lowest possible point. It tries to > BROCKTON,MASS, Over Ono Millloa People wear the W. L. Douglas $3 & $4 Shoes Allour shoes are equally satisfactory . They give the best value for the money. hey equal custom hoes in stylo and fit, r realize the ideal results of a legitimate busi- ness, and it seeks to attract to its member- ship only those who want only such results and do not want a speculation on their fam- ily's protection. And it does not try to make one man think be is getting his in- surance cheaper than any other man, or at | Thair wearing qualities are unsurpassed; the expensc of any one else, or at less than| oBrices aro uniform,-- m‘ffl"fi.‘{;fi'_ its true cost. “INVESTMENT” INSURANCE. But plain life insurance has 1o contest the field with so-called “investment insurance.’ As if anything like “investment” could come out of companies that take from 15 to 25 cents for expenses out of every dollar that " oaby A.W. BowmanCo., N. 16thSt. C.J- Carl son, 1218 N. 24thSt. W. W. Fisher, Parker and Leavenworth St. comes in. The lack of foundation- is con-| J: Newman, 424 S, 13th St. cealed from ordinary eyes by an arrange- | Kelley, Stiger & Co.. Farnam ment to postpone all dividends for ten or and I5th St. T.S.Cressey, 2509 N St., South Omaha. Teeth Without Plates P>y BAILEY, DENTIET, Paxton Block, twenty ycars—the longer the time the higher tho commizsion to the agent and the rebate to the applicant. Whoever dies leaves b hind him all the surplus his premiums have earned above the proper cost of carrying s insurance while he lived, and those who lapse forfeit their surplus and also all, or a large part, of the reserves accumulated from their premiums, in the hope feltures will be so many to fill up the hole made by great expenses and furnish great dividends to those who live through the term and keep up their jpolicies. The immortality and cruelty of setting men to that the for-| | Full Set Teot, .3 00 | Silver Fillings.... .1 00 speculate on what ought to be absolutely | Best Teeth. 277 60 | Pure Gold Filllngs 2 00 sacred to the protection of their n and | Thin Plate. .10 00 | Gold Crowns 22k, 6 00 other men’s families is obvious. But the | Painl(ss Extractn G0c | Bridge Tocth—t0oth 8 00 “estimates” and “illustrations” have tempted a multitude, but only to disappoint- | Teeth Out in Morning, ment. To illustrate: One of the great ploneers New Teeth Same Day In this sort of speculative life insurance is settling this year, 1895, the dividend on S ot to Beaakalae ot tontine policies lssued twenty years ag0.| mp. arnval meeting of Stockaliers Its then estimate of that dividend on a|qpe Bee Publishing vompany will be heid policy of §10,000 an al life premiums, age | at 40, was $0,556; it is paying only $3,794; just 8970 per cont of its ‘“estimate.’” millions of dollars of reserves and their office, corner 17th and Farnam streets, in the ‘city of Omaha, on Monday, March' 1th, 186, at & w'clock p. ., for the purpose of electing a board of 'directors and such other business us may be pre- lated surplus on lapsed policies that ought | sented for consideration. By order of the to have gone to give some remnant of pro- | president, - - ' tection to the families of those who lapsed GEORGE B. TZSCHUCK, Sccretary, FI8m&e10t or to enable them to keep up their poli- cies have been forfeited to the tontine pool; but the great expenses incident to doing o speculative business all over the world bave Stockholders' Meoting. Notice is hereby given that the regulag annual meeting of the stockholders of the eaten up the “profits” and left but that | South Platte Land company will be held pitiful outcome. ! the oftice of sald company, In Lincoln, Neb., Mark, now, how the dividend-producing [ at 11 o'clock a. m. on the first Wedhesday power of this speculation is steadily waning. | .0 March, 189, being the 6th day of the month. By order of the Board of Directors, R. 0. PHILLIPS, Sccretary. Lincoln, Neb., Feb. 4, 189, Fimab The company referred to began issuing these twenty-year tontines in 1871, and, there- fore, first paid a twenty-year tontine divi- PLANTERS HOTEL, St. Louis. The Planters Hotel, which was completed and opened last fall, is one of the finest building of its kind in Americh. It is ten stories high. absolutely ireproof throughout, and rep) with every modern convenience. About two million dollars were spent by the hotel company in tae erection and furnishing of this megnificent structure. aud luxury and easo are ity predominating foatures and characterist Tho style is renaissance, and the decorations are artistic in the extreme, It is run on both the American and European plans, under the experienced management of Mr. Henry Weaver, Prices runge from $9.50 & day up, on the American plan, and $1.50 & day up, on the Buropeau plan. Maguilicently equipped Turkish Hath Rooms m the ground floor.