MINEBK00112

• County: Clear Creek
• Document: Manager
• Suffix: A

' WM. H. WARINNER, 8eerelary and Troaauror.
NENRY 1. 8EEMANN, Prcaldent and 6enarcl Manager. A• yy, CRAIG, Aulatant 8eerotary and Treasurer,
FRA{7K R: BAKER, Vlee-Proaident, - , ,
~, ~ '~ ..., ..,. .. OFFICE OF ~., ~ ~ , ~ .. .,. •'
L;1 ~'..~ THE.vONTINENTAL MINES,.POWER~dc REDUCTION CO.
` 836 AND B37 EQUITABLE BUILDING
'~ ,
P. O. BOX 7374
~ REPORT No. 43
FOURTH ANNUAL REPORT AND REVIEW.
~.. ~ Denver, Colorado, November 10th, 1309.

I
~v
.-.~
...-a.-
._..~~
...--ar
To the Stoekhoidero:-
It Dleases us to hand Sov another annual reDOrt with a short review ehowing the conditions and standing of your om•
piny, The ofllcers of the Company have faithfully rsrrled out the trust Placed in their hands by the stockholders.
By the aid of the monthly report sent to you regularly Sou were kept fully Informed oI the progress at all times, Learn
there 1s rea17Y very 1ftUe to say or add to what you already know. ~•en with the In[orm¢tlon you already Posecee, we feel
that na Pg Pitnuentsoand'macheaewpwnork ihnsrbeen lnidf out to be do ma but aSelbisnis arecessa>oin order to carryfout t o orlg-
many
feat plans. Although much etudYing has been done,we, find that our original plans cannot be Improved mac any.
In order to pa)' for all the work w•e were obliged to raise the means by the sale of treasury stock. The country's flnnaclal
cond~e had many vlsffing eto kholderse atf tbelaminee,tand nee are glad to report thamall went home well plensed,titt faMUto such
an extent that they Increased their holdings In the Company on the spot.
The 8eemann Tun aid f hfeverYthing innfulldeThe tunnel was drleea 1 236tfeetndur ng LhecYeatr nt an expense o[ 528 G O 00:
coPted the w•ark and p
Tke contractors erected tbelr own buildings sad mnchlnery. These had to remain on the ground until tho w•orlt on tho Seeman
Tnnael was flnlshed. Some of the bulldinga will be needed by us In the future driving o[ the tunnel, hence the Company has
portnntt hat the tunnel bs conliouedh[orrat ]east 2,600 feet. vWe have nlreladyrtahen steps'to egttlPlghe ttunn Ihandttosbegla tho
x•orlt as soon as possible lacenselecled Tor annew anld t¢rge mill Ito berbulitcas so)oe as IC becomeso necessary. s T1 iensruclmo
the waste rock toward e p
pllo issnow DOn the way to the minese Ia this Plpe6w•e wllleseudecomPressc Unir to the funnel breast ro d sloe tl env elnsaulratad)•
cut, in order to fa order tot Install a)]nrb'e air comDreseor ofa then moatll elfl (eutatJ Pao the OVent lotion plants clan Allthhla onex•
plant bullding,
machinery w•Sll be Dlaced 1n chyrge of the electrwl i`hlnutxo weeke~c Theo compreasoruhns salsa tbeen11selectedtnndois snow being
engineetB. This bulldiag may be under way
bell aublect to our orders. The Company' will have to purchoae from l0 to 20 m•c care of a uniform pattern for the Ptupose
o[ hnuling raclt and ore from the tunnel to the dumb and the propoeed mill. In order to get an citiclent service, we will re-
quire at an early date an up•to-date electrical locomotive with a capacltY o[ Pulling from 16 to 26 cave oT two tons eacb n
ractlcally made. ].Ike In everythlag else, we will Install tan
one time. tVe have Investigated them all, and our selection fs D
most Improved machlnery• at and iv the 6eemunu Tunnel 1n onler to matte u rapid Progress and nt the name tlmc Jo tho wor t
at the lowest possible coat.
The Lombard Mill has been running during the summer on ore taken out of the Nae. 1 and 2 Lombard Tunnels, ut ns
slated before, the work was too close to the eurface,und we could not expect very great results, !n moat mining cases, little
are 1s found at shallow depth and while the Lombard hne Pram'aldl pfho ThetsLomburd shaft was sunk for shies ptvP e0v we enl-
h run rather lean profitably than we could snake it at a B
were more than pleased at the results fn the same. Before u e weould tbed[ound~ In hlhlathomever,h wo 6werat agreeably eur•
rotated we would have to go 6U0 or more feet before an)• Puy
tirme xltich mode 1t hard to work, but who0cares [or n dry mine? \Ver certainly want w•atar and lots of it.wThls dlecoveryms
very Important as it ebowa that the saran unntit a om DaYd ores BIn order to overcame the flo v o[twateq Lombut'd Tunnel No,e3
No. 2 and this body wltl produce gr t 4
Is now being Duahed rapidly towards the shaft. IC will give us s depth o[ 2UU feet below No. 2 tunnel, drulu the water and
cal the distance of ore hauling to about one•hat[.
Ne are also pushing Lombard Tunnel No. 4. This tunnel will give us 100 Teet addillanxl depth. it will ant out t to ore
hnulln6 entirely, as we wlll be able to run the cars from mine to m11i without being lnlerruDted by had weather. 1[ will oleo
A,