THE STAR OF BETHLEHEM
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Has Risen on Bull Hill in the Form of a Shipping Mine
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The Star of Bethlehem is the latest to rise and shine on Bull hill. It may be confidentially said that another mine has been added to the list.
James Casey's luck has followed him and in thirty days after taking a lease on this ground, which belongs to the Bankers company and joines the Grouse on the north, he has struck it and struck it big.
The property has been worked by lessees for three years past, and float found on the ground assaying as high as 600 ounces.
Mr. Casey thought the lead could be found and started in with the intention of sinking seventy-five feet and cross-cutting, but when the shaft had reached a depth of thirty-seven feet the rock seemed so well mineralized that a cross cut was run in the dyke six feet and is apparently all ore, assays from the same running from two and one half to six and two-tenths ounces.
Ore is now being saved for the first shipment. Free gold shows abundantly in the quartz.
A new shaft house, ore bins and a steam hoist will be erected at once.

Principal Producing Cripple Creek Mines - 1898:

Name: Star of Bethlehem Mine (Bull Hill)
Owner: Bankers Gold Mining and Milling Co.
Capital:
President:
Vice-President:
Secretary:
Treasurer:
Superintendent:
Manager:
Lessees: John Maloney et al., Altman
Description: 135-foot shaft; 20-horse power boiler; 6x8 Mine and Smelter double cylinder hoist.
Employes:
Contact:
Notes:

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.

Star of Bethlehem.—The water has been lowered 120 feet by Lessees Cox & Durbin. Two shifts are employed on the pumps and will continue to work until the property is in condition for further exploration.

Cripple Creek—R. P. Reiton, a well-known local merchant, who took a lease a short time ago on the Star of Bethlehem claim, belonging to the Stratton estate and adjoining the well-known Goldfield-Grouse property, has made a strike practically at the surface.
In a 50-foot hole Mr. Reiton has found a vein which is fully three feet wide, and from which he is breaking ore about two and one-half feet across.

Martin & Warmuth cut a 5-ft. vein of high-grade ore at a depth of 40 ft. on the Star of Bethlehem claim.

A rich gold discovery has been made by F.M. Kurie, former superintendent of the Portland company, now operating on the Bull Hill group of the Stratton estate, under lease.
Working through the Star of Bethlehem shaft Kurie has cut into a rich shoot at the junction of the Eagles and Shurtloff veins at a depth of 150 ft. from surface.

Two train loads of ore making a total of 39 broadgauge cars, containing about 1400 tons, were hauled from the district on March 29 to the Golden Cycle mill at Colorado Springs.
The companies contributing shipments were the Cresson, Portland, Vindicator, and Eagle Sampling, and lessees on the Strong, Jerry Johnson, Trail, Star of Bethlehem, and Index mines.