Principal Producing Cripple Creek Mines - 1898:

Name: Grouse Mine (Bull Hill)
Owner: Bankers Gold Mining and Milling Co.
Capital:
President:
Vice-President:
Secretary:
Treasurer:
Superintendent:
Manager: C. M. Palmer
Lessees: Barton & Wilson
Description: 300-foot and 175-foot shafts; 25-horse power upright Fairbanks-Morse boiler; 6x8 cylinder flat friction hoist.
lessees: 90-foot shaft; windlass
Employes: thirty employes
Contact: post-office, Altman.
Notes:

GIANT EXPLOSION.
——————
A Well Known Miner Nearly Blown to Pieces by a Premature Explosion.
Alexander Cameron had a narrow escape with his life yesterday while loading a charge of giant powder which exploded prematurely. The accident occurred at about the hour of noon on Bull hill where Mr. Cameron is working a sub-lease on the Grouse. He was in the bottom of a shaft in the act of loading a charge of dynamite.
The explosion lacerated his hand, his left hand and the tamping bar was driven through the righthand, striking the unfortunate man in the forehead. It fractured his skull and penetrated the head.
Strange to say the man still lives. It was necessary for Drs. Chambers and Leavenworth, who were called to dress the wounds, to amputate the right hand with the exception of the thumb and first finger. Since the operation the wounded man is apparently resting easily. He was taken to Altman, temporarily, and will be removed to the Sisters hospital in Cripple Creek.
Mr. Cameron is a single man and has been engaged in various mining enterprises in the camp for the past year or two. He has many friends who will sincerely regret his misfortune and wish him speedy recovery.

4322. (Barton Landing, Vt. ) Please report in the "Investor" the present condition and prospects of the Bankers' Gold Mining Co., on Bull Hill, Cripple Creek, Colo.

Ans.: The company is capitalized at 1,250,000 shares, par value $1; principal office, 206 Ernest and Cranmer Block, Denver, Colo.; president, W. H. Chittenden; secretary, H. S. Morgan. The company owns the Shertloff, Grouse, Star of Bethlehem, New Discovery and Mollie W. claims, aggregating about 13 acres, on Blue HillBull Hill, Cripple Creek, part of which ground is patented and the remainder unpatented.

There are seven sets of lessees working different portions of the property, subject to royalties, and a shaft is being sunk, already about 400 feet deep. The company owes about $10,000, mostly to stockholders for money advanced, the remainder being unpaid salaries to officials. It owns 300,000 shares in the Garfield Consolidated Gold Mining Co., received from sale of property to that company, the stock of which company was quoted on the Colorado stock exchanges on Saturday, July 29, at between 13 and 14c.

The property of the Bankers' Gold Mining & Milling Co. is well located, adjoining the Union Stratton's American Eagles and Garfield Consolidated properties. Highest price of shares in the history of the company, 23c., viz., in 1896; highest price since sale of a portion of its property, 12c.; lowest price, 7c.; price on Saturday, July 29, between 9 and 10c.

The money in the treasury is being used in the development of the property, with reasonable probability that it will become an ore shipping, dividend paying mine. One of the officials states that the owners of a controlling interest in the company acquired the property in 1892. Not long ago they were offered 16c. per share for such controlling interest, but asked 60c.

There is still a small force of men at work on both the Wright & Marshal leases on the Geneva and Grouse, and as soon as the arrearages are paid up the number of men will be increased.
The Grouse is in better ore than ever, and the Geneva is also in good pay.

Another Rich find on the Grouse
The contagion is spreading daily on the Grouse and it is thought Messrs. Wright and Anderson will have to take the Keely Gold cure if they don't soon take a day off from striking it.
Day before yesterday men were put to work on an old shaft, near the north end line, which was thirty-five feet deep. After cleaning out the hole they had only sunk a few feet when they entered an ore chute yesterday, an assay from which showed 128 ounces of $2,560 in gold per ton.
It is thought to be the same vein from which such rich strikes have been reported the past week in the main shaft.
This strike is within about 200 feet of the Eagles end line.

Ore is being mined from the Grouse of the Bankers company that assays 19.67 ounces per ton.

The Grouse is now shipping fifteen tons of ore daily. Most of this as well as that from the Geneva, is treated by the Cripple Creek sampler. The Grouse ore is sorted in two grades, the high grade averaging from eighteen to twenty ounces and the second grade from one and a half to two ounces per ton.