Cripple Creek—The Isabella is shipping 1,200 tons per month of smelting-grade ore and 100 tons of dump stuff is run through the mill daily.

Isabella—The leasers on this company's properties will this month have produced approximately 1500 tons of ore, estimated at a value of 1 oz. gold per ton.
A Seattle company has taken a three-years' lease on the mill and tailings dump.

Isabella—The August production of the Isabella property was 1232 tons, of an average of about $25 per ton. It was produced entirely by lessees.

The old and well-known Isabella mine, during the active speculation that formerly prevailed in Cripple Creek stocks, was for years used as the basis for numerous stock-jobbing schemes.
Owing to the relative inactivity of this mine for some time past, a movement has been started by stockholders to interest a sufficient number of such stockholders in the proposed Isabella Leasing Co., to be capitalized at $25,000 with shares at one dollar par.
Capital derived from disposal of this stock will be devoted to development of new ground. Ore produced by the leasing company will be charged royalties ranging from 8% to 30%, depending upon grade of shipments.

Stockholders of the Isabella Mines company are invited by a circular letter signed by C. M. Carson, vice-president of the company, to participate in the organization of the Isabella Leasing company, formed for the purpose of further development of the Isabella estate on Bull hill.
As set forth in the letter, development on company account has been impossible "because of the advance in price of mining material and labor, occasioned by the "War."

The lease, it is understood, will be granted the new company for a five-year term, with the privilege of a three-year extension, and royalties on ore marketed will be on a sliding scale.
The ground included in the lease extends from the eleventh level of the Lee shaft to the bottom, or fifteenth, level, west from the west sideline of the Orphan No. 1 and includes the Orphan No. 2, Ida Bell No. 1 and 2, Emma No. 1, Comet and Jack Rabbit lodes No. 1 to 4 inclusive, X. J. Gold, Bully, and Tom Thumb lode claims.

It is proposed, according to the circular, to start work on the 15th level of the Lee shaft, taking advantage of a cross-cut 1000 ft. long and to continue the cross-cut 300 ft. to cut the Sump and Buena Vista veins.
The veins would then be cut at a depth of 450 ft. below the Buena Vista and Sump oreshoots that produced approximately three million dollars.
It is further proposed to continue the cross-cut some 200 ft. farther to explore the junction of the Buena Vista and Maloney veins, the No. 2 vein, No. 3 vein, and finally the Emma vein.
All of these veins have produced ore in the upper workings.

Subscriptions to the leasing company stock will be limited to 6000 shares of the par value of $1 each.