The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1874-04-09

hardly tract Of 100 ncres could be
sound without large accommodations Of
ore upon the surface Young territory
also contains rich deposits, as does the
territory Of BeNNr, and the counties of
Pecos aud Preside. As far west rs the
Rio Grandc, Ont-croppinBs may he
found, and ~ far north M Kansas.
~ the hend waters OF the Wichita
river, In The Wichita mountains, Is
about the center OF the copper region.
IN thls neighborhood exists vast hills
of copper ore, some Of which, for Size
and richness Of deposit, are superior
to anything In the world. The
RICHNESS OF THIS ORE,
or rather The percentage of copper con-
tanned in II, II very great, II has been
analysed over and over again, aud nj
ways has yielded about fifty per cent
of copper, The poorest specimen sub
mltted TO analysis consisted of II
"water dcposit,n mixed with clay.
This deposit, found near the Three
Forks Of the Wichita, Is literally mex
haustible. The strata of clay Is ELK
feet thick, and II known to extend be-
meath tract of GAO acres; how much
further Is not known, On analysis,
this clay yielded twenty'one per cent
Of copper. 49,
The next best specimen above this
WINS sulphid, and yielded forty-four
per cent. Some specimens have yield
ded siXty-eight per cent of pure cop.
per, and one piece which was subjected
to analysis this summer, yielded above
seventy-iiye per cent Of pure copper.
The average per cent of metal, how
over, takslg the bulk ofwhat has been
thus far slnelted Is ilfty-iive and II half
per cent.
An important item, not to be over
looked, Is the fact that the richest spe-
cimens contain gold and silver, and IN
many Instances the silver IL IN sulli-
/ cient quantity 10 pay all expenses in
cured in marketing the "copper" OF
course leaving the copper profit. The
EASE or MINING
Is no inconsidernble matter. The ore,
for the most part, exists ~ sulphuret,
lying on the top Of the ground, and has
simply to be gathered up. In other
places il is found in pockets contain
llIS o'i wv vi wv I'ouii''' ~ "''p'HiS'7
In true veins.
Mr.. Bullion, of Hunt county, writes
81 can load up 500 wagons (without
digging) from 800 acne tract"
Rossler says. "Four persons, In ten
hours, took out 5000 pounds. averaging
60 per cent
WILL IT PAY TO MARKET THIS ORE?
There are few enterprises undertaken
in this age, without the capitalist first
calculating very closely what will be
the profits on the Investment.
In regard TO this ore, we wish we had
every settler in that vast region before
us for one-half hour, and we think we
could demonstrate to them that 1t will
pay to bring ii in; but AZ we cannot
gain the ear of every one, we must re-
sort to the newspaper, and trust that
the intelligence Will spread from lip to
lip until all shall know it.
In England, copper ore containing
eightper cent of metal, Is smelted prof
itably. There however, coal and labor
are cheap. A Mexican miner tells lis
that ore containing thirty per cent OF
metal, is as good thing AS man need
want, consequently ore containing 80
per cent of metal is better, and will
bear transportation. Let us 90 through
the various steps from the mine to the
mills.
COST OF MINING.
"Four persons in ten hours took out
5000 pounds" calling ten hours day,
and paying two dollars per day wages,
makes the cost of mining three tons,
So, or 50 66 per ton. But rs wages may
be high, and generally are in mining
countries, and rs 1t may be more diff
cult to get at the ore than in the above
instance, let us raise the cost; we will
say 1t costs ten dollars per ton to mine
it.
FREIGHTING.
through Texas is about 81 so per 100
pounds per 100 miles. This makes the
cost of transporting ton of ore to
Dehison $37 50. The carriage to New
York of cotton has been costing 81 50
per l00pounds. Copper ore, occupying
less space, can be shipped for $50 per
ton, but we will keep our calculation
at the highest figure. A shipper has
the choice at the furnace of either sell
ing the ore or paying SIS per ton for
smelling. If the former, he will re-
ceive about IL cents per pound or $40
per ton.
REHABILITATION.
Mining, cost of, per ton s 10 90
freight, cost OF, to Denison. ....,........ 40 90
Freight, cost OF, to New York.......,.. 80 oO
Total cost per ton. 50 90
Amount received per ton. S240 90
In making these estimates, we have
taken high figures for cost of getting
the ore to the furnace. In fact, we
have put it about $50 per ton above
what it might be delivered at. Again,
we have put the value of the ore at SO
per ton less than it has actually sold
for. These two points make a margin
of $50 per ton in favor of the ship
per.
Or again, q freighter can put his ore
through kiln, and burn off one fourth
of the impurities, thus saving the
transportation of 400 pounds at a cost
OF Sl7.
Still another view to be taken of this
business, is the handling of it by our
merchants. In view of the fact that it
sells for $3.50 per ton, minus freight to
the east, of $50 per ton, Denison mer-
chants can well afford to pay $40 per
ton, or cents per pound. This gives
them margin of 4 cents per pound,
and leaves the ffeighter or miner $50
per ton.
AS the trip can be made eighteen
times year, the income to one team
would be 81 40 per year, or almost
twice as much as can be made by rails
ing cotton, and no danger of the crop
falling. When we say seven cents per
pound is the nrica orr mnrnhnnta nm