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Bisbee Evening Miner from Bisbee, Arizona • 2

Bisbee Evening Miner from Bisbee, Arizona • 2

Location:
Bisbee, Arizona
Issue Date:
Page:
2
Extracted Article Text (OCR)

RISBEH HVMNTX MINSK ItlABKB ARIZONA FRIDVY JULY 1908 form of matte to the Old Dominion company which converted It Into bullion at Its Globe smelter Tj) HM A GOOD BUNCO GAME Man Stdls Rich Mexican PnXTty lo Easy Murks Who Get Rich BETWEEN ii'UTi( newspaper man vis IIS THE (AMI AND TELLS or 1 BRIGHT DLS 'rilUT- IS ATTRACTING MUCH ATTENTION Lowell and at thut lime was making 10 tons of black copper daily In iso: the old Domini was re- i g-ulzed ami was pun based by Big low- 11 urns et ul well known copper fact ms A majority of the com puny's tx was bought by the well known tlrm of Dodge Co in 1 003 who owned the adjonlng I'nltd Globe mines and desired to Utilize the (Ud Dominion ores In their smelters lu -u liter parts' of the territory A consolidation of the Old dominion and United Globe mining corr- anles has been In contemplation some turn and may 'be effected soon The unwarranted suspicions of small stockholders have been In-hlrurniitul in holding It In abeyance Prior to the ownership of the (ld Dominion by Its present owners the company had been under suspicion of being more or less of a stock market plaything but no taint of the manipulator attaches to any of the operations of Phelps Dodge Co In 1900 the Arizona Commercial Copper company lecame a copper mining concern fore that time It had been commercial only In the wes ern and northern part of the dl-lriet are a number of copper properties now quite active and that ship almost exclusively to the Old Dominion smelting works by team These Include the Keystont Copper Mining company the Live Oak Glhon and Black Warrior the latter was for a long time a sufferer from badly planned operations but has now dl-carded Its former methods and Is a small but fairly successful promoter SUNDAY JULY A new mining company one that has come rapidly Into prominence In the last few months la now making great strides near Guanajuato according to the report of mining engineer Maleolmson -Tlt company Provider la San Juan de la Lux originated with a number of Mexican farmers who had never had any experience In mining und who bought a claim near the station San Felipe 22 miles north of the great' mining city of Guana- Juato from a man who thought he I was them The man sold them a two-thirds Interest In the property for $1400) and laughed about how he had "buncoed" them However they set to work on the claim and have already uncovered an ore shoot 1000 feet long and from one to three feet wide very rich In silver According to Mr Maleolmson their first Ipment of 15 tona to the smelter med them $160000 The stock he says ts selling In Mexico City at from $1500 (o $1600 per share and there are 6000 shares equal to a value of $9000000 The company Is said to have $1000000 the treasury and to be paying large dividends A railroad Is projected to the camp from San Felipe and the Guanajuato Electrla company has already commenced to string wires for the transmission of 500 horsepow-er to the mine said Mr Maleolmson shows how new the mining business really Is In Mexico when a mine of such co) Is discovered right on a railroad and In the heart of a thickly settled and populated There Is much Interest Just now In the Globe copper mining district uf Arizona a3 Woodbrldge In the Duluth News Tribune This Is not onlineJ to one section but Is gem-rtl to tin entire copper trad- Locally It has been accvnuated the fact that the n-w Globe Consolidated repp company Is a Duluth concern heel od by Duluth men and with fully lmlf Its loooooO of stock owned In this city But the district Is of general Interest both to Duluthians and others connected with tlio copper trade from a far wider caus than this It Is Just now realized that Globe I more than a one-mine camp that Its copper measures are deep rshtent and rich that the Arizona Commercial Is a second big mine while the significance of the fact that the Old Dominion mine lias doubled Its production ach yi ar since it came Into the hands of a lr-i-gre-site copper mining management -is upon the trade Great Thing for GIoIm Anotlur fact of Importance In count cthoi with Globe is the new railway development tributary thereto Heretofore the town has been at the end of a steel line Indeed It Is now- But the trunk roads are planning great Third of Series Don Luis Ball Park Train leaves 1:30 pm Fare 25c AT THE HELVETIA In his last letter Geo Walker says in part of the Helvetia near Tucson: Helvetia's showing astonished me I had been expecting lo see something prct-y good but as I had Just come from Clifton Morenci Globe Ca nation and Bl-bee I couldn't help hlnking that the fresh memory of the great mine of those districts would make Helvetia' look Insignificant bv comparison Now I am convinced that no one of the great mine I have Inspected urlng the past two months could possibly have had promising at the same stage 6f de-vtlopmenb Of course Helvetia Is still a prospect Its deepest shaft is down only Mio feet ami chls proves but one of Its three or four veins to that depth It isn't a Copper Queen a Greene Consolidated a' Calumet Arizona or an Old Dominion and It never will be the equal of any one of them until It is developed on a much lurger scale than It has been to date ft seems to me however that it has possibilities strong ones of becoming one of the great producers of ADMISSION 50c TO GROUNDS AND GRANDSTAND In line with the general revival of the mining Industry In the different sections the Black Bock district Is showing a renewal of activity and awakening as it were with renewed vigor and life Among a number of ether promt -lug ropertU-s upon which high de-l velopmeni work has been recently! started may be merHo-iod nines things for Arizona and In the-e p'ans Glob tlgur prominently North of Globe are the va-t coal fields of Durango Col and to these fields by atl extension "of lts CUaWalT-y Globe A Northern the Iaclflcln-tends to build This will put Globe smelters nearer fuel than any others in the juthvett Then tho main llnes cf neither the Southern Pacific to the south nor the Santa Fe to the north Is satisfactory to Its management The Santa Fe will soon cross Arizona along the Olla river and Globe will be but a few miles from Iis main road The same Is likely to be true ultimately of the Houth-rn Pacific and the benefit to the district la scarcely to be appreciated by the casual render Remarkable Copper nils There have been remarkable cop-per developments at Globe whhln a KSSXSZXS2 PRITCHARD President (j TESTER rura a iugc of the United Gold company situated about eleven miles eadt of the town of Wickenburg the nearest railroad station on the railroad and within three-qarter of Gold Mining company on the lower Hassayantpa Yested ray a car load of machinery Including a gasoline engine of large capacity consigned tot he-company arrived at the Wickenburg depot and the same Is now enroute to the camp It will be Installed at a double compartment working shaft which has recently been started on the ground and which the company proposes to sink to a depth of at least 500 feet In addition to the sinking of the shaft the plans of the company Include a series of crosscuts to the win with every 200 feet of depth gained In the shaft from which drift will be run with a view of opening vhe extensive ore deporlt In the vein which have already been dcmons'nu 1 ed to exist if Ovef 120 feet of development has been done on the ground In the way of shafts tunnels and upraises! the Jeepest shaft being 295 feel In this shaft there is -py-rtrek txH tl posed the average width of which range from three to seven feet and carrbs good values in gold and copper The vein follows a granite and porphyry contact and can be traced for a great distance An abundance of water for all purpose I developed on the ground anj a first class wagon road connects the camp with Wickenburg the nearest railroad statton Pritchard Hatien Co Brokers and Promoters naamnngaianB MEETING ou few months Ore bodies of tremendous value have been found in the Arizona Commercial Copper Black Ilawk mine where a vein in dlorlte on the (00-foot level few day ago thy had an 80-foot and were cutting It on the 50) The Old Dominion a former suffTcr from weak management has whhln the past three years been developed Into one of thfc great mfnse of the world Decent events have given half a dozen small outside mines an opportunity to become considerable shipper and they have sprung into prominence with a rapidity that goes to show what they might do If the chance was glv-n them And now comes the Globe Consolidated with ample funds for development an energetic management and a big block uf ground InduJIrg many ge faults The Globe copper district I one the old -c In Arizona and was the flr-t to It- des -ribel In the u) I a-tins of thp United Sti'es dgi surv-y by Fre ferlck whose pi of -nal paper 12 published in 1903 Its location is at the foot of moua ulus and Pina! ere drains the dKtrVi Into Salt river The town of Globe con'am about 7oni) people and Is at the northern terminus of the Gila Valley Globe Northern a branch of the South rn Pacific Fy-t and Is on the western edge of t-V Fan Carlos Apache reservation a district that once opened for settlement may bg found of great value both for its ranching and mining possibilities Prospectors During Folk-Development dates from 1874 and waa first as uu41 In the southwestern copper fields for silver Prospectors were scattered ail over the district in spite of those twin terror of the mountains Geronipio and Vlctorlo Apache chiefs and they opened numerous small sliver lylges These extend for five miles northeast from Globe Many produced upwards of $100000 each sonic of them many aimes as much The cost of supplies was very great as everything had to be hauled a long disc lance but the rock was rich In 1866 there were XJ mills 84 stamps working on gold and silver ores In the history of its early years the district was quite similar to Ruit Copper was first mentioned in 1878 though there had been abundant ev-lence Hsof n4Cs mpid rsco- hfl9 Idencs of Its exlteno since the arrival of the flrst prospector The Old Dominion was organized about that A New York mining engineer of excellent reputation visited Inspected and reported on this dl-trlci few years ago for interests who own a property which adjoins the Helvetia He condemned It as a surface deposit declaring that the limestones in which the copper ore Is found were a mere coating or thin strata on top of the white granite which apparently underlies the whole camp He thought the limestones were about 100 feet thick Now ihat the Isle Itoyale workings are down 800 ft and still In lime and in ore It would seem to be quite conclusively demonstrated that he ma le a mistake I know of four engine? of wide experience and mature Judgment who have gone over the Helvetia prop rty more recently and they are all nutspnken and en thu-Iastic In their endorsements of It 's almo-i et b'e-y knows 'h Hevc-la wins first opened In 1899 a smelter of about 125 tons daily ca-laci'y was erected that year it being the pm at the tom ake black cr by one operation front the rich oxl l-s and carbonates found In the -urfte- openings 9'hi i tunnels were run under the rich croppings and several shallow shafts were sunk by ttie management and by rj 1 per cent copper The first smelter burned down and was lebullt but soon-after the price of copper broke to below 11 cents per poynd This brought the owners face to face with the necessity of raising money and building a larger plant and also about 17 miles of railroad to connect with the South rn Pacific at Vail It was a time when the spirits of copper mining were even lower than the price of the mecal however and this was the real cause of the cessation of operations The mine was Idle about two years operations being resumed In 1903 uider the auspice 0f the Michigan Arizona Development company which secured an option on 100000 Of the outstanding 150 Q00 shares at $1 per share Since that time aome thing over $150000 haa been spent on the property chiefly In derelop-reorga nixed under the laws of Arizona Its treasury stock Issued to the ment wmrk on the Isle Royale and Old Dick veins The company wa Michigan Arizona Development company In payment for ore developed and not shipped and the stock of the now company made aesatde per Is $25 and Including the re Denver Colorado July 16 21 1906 nek nE Jll-Y is IS GOOD TIL 20TII STOP-OVERS ALLOWED AT ALL POINTS NORTH OP a IS TIIE ONLY ROAD RUNNING TIIRorrii CARS AND SPECIAL TRAIN FOR THIS OCCASION AT T1CKCT OFFICE POB BEAUTIFULLY Iirra te brok ERS Unlisted Secui itio Warren District Stoclcs Specialty Us Your Order 9ci MUIEIM BLDG r-XSBEa ARUMS $3500 WHIP $3500 Southern Pacific Roul Urn to operate a property four mile cent niPn lf pr j'hftr from Globe and entirely distinct from has be paid In At the tlrn of the Ihe present mine of tfie company of a cld-nt to the smelter about 10 0)0 Dint name In 1SRS It was bought jnoo pounds of coPP W1'h hy William Kaysr of Baltimore and produced dallv anil sold In the Is the Sbortes Way East and West Huirrimrar CARL BOCK Local Agsut Beaa JL TttC0M' IVZ Vi (1 it.

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About Bisbee Evening Miner Archive

Pages Available:
8
Years Available:
1906-1906