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Cripple Creek Is A Wonder

Cripple Creek Is A Wonder image
Parent Issue
Day
26
Month
August
Year
1897
Copyright
Public Domain
OCR Text

Our Crlpple Creek corresponaem estimates that the gold output of Crinple Creek district in June was $1,190,362, says the Denver Republican. He representa that this is a conservativo estímate, and it is probable that it is not far f rom correct. It is dlffloult 'o got deflnite figures in a matter of thi.s kind, but it is probable that the lutn named la close enough to the actual output for practical purposes. It appears from this estímate that Cripple Creek ia holding up well in lts pro(luction of gold, and that if the samo pace is maintained it wlll make a splendld record for the year. The output for the year should not fall below $12,000,000, or an average of $1,000,000 per inonth. In the event that this Is done the total gold product of tho stnte will far exceed that of California In 1896, and it is probable that California will not do much better this year tlian it did last. Cripple Creek is, Indeed, a wonder. It is the greatest gol'! camp in the United States, which is equivalent to saylng that it is one of Mie griatest gold camps in the world. It is producing at a greater rate now than ar any time previous to this year, except. that during the last two months of 1895 it probably producid $1,000,000 in (ach month. Uut that product was nol. malntained. January, 189G, showid a heavy decline. But tho district is produclng $1,000,000 por month as a regular thing. It promises to average this during the remalndcr of tho ycar, 1Í it does not do eve:i botter. It shoul.l be observed that thcro is nearly evevy reason to believe that the annual product of this district will be Increased In the future, aa new proporties are dcveloped lnto ore producers and snippers. The camp Is still greatly In neet of deveiopment, whlch it will receive in the course of time. Of course, it cannot be reasonably malntained that every property will become a regular producer of gold. Much of the area o? the district may be barren. But on thu other hand, It Is altogether reasonablc to suppoae that much undeveloped terr:tory will prove productive in tho course of time. Wo know no reason why, in the cours of time, and as a result of extensivo develooment. un Qreek should not produce 2,üOO,uoo Instcad of, as now, $1,000,000 a month. An annual product of $24,000 would still leave the district far below the output of the Rand country in South A rica. This yield ia within the reach of Cripple Creek, we believe, and we hope it will he attalned before a great while. It will, howover, require the dc-velopment of propertles whlch now have comparatively littló work on Hum, but upon which development otight to be vigorously pushed.

Article

Subjects
Old News
Ann Arbor Register