Daily Los Angeles herald., 1878-07-02
Bushnell and Sc. Louis MiniuG
C0mpaufes.

we note with pleasure that move
ments are on foot looking to the
energetic development of the rich
treasure deposits Of Southern Arl-
zona. DR.. ]. H. Mckee, of this
county, has been appointed agent
for Los Angeles of the Bushnell
end st. Louis Gold and Silver Min
Ing Companies, of the Toltec SYN
dictate of Mines, of Aztec and Tyn-
dali districts, In that Territory.
This combination have offices in
rooms IA and 10, No. 302 Montgom-
cry street, San Francisco, where
endorsements, reports, maps, as
says, and newspaper extracts rela-
tive to the territory to be devel-
oped may be inspected. DR.. Nc
will also be literally supplied
with this data.
The endorsements Of the mineral
wealth OF this district are Of a very
high character-such as to indicate
that the fabulous stories told of
some OF the leading Mexican mines
may be repeated of Southern Ari-
zona. Pumpelly, Ross Browne,
Ward, Kustel, Ehrenberg, Wright.
2on, Professor Davis, Professor
kickard and scores of others say,
"The silver mines of the Santa
Rita's-the Aztec and Tyndall
mining districts-give undisputed
evidence Of great natural wealth.
ores are true silver ores, and
the mines are identical with those
OF Mexico, of which they are a con-
tinuance." The many late travel
ers through this country, consist
ing of engineers, surveyors, assay
ers and others, all agree as to the
main points, viz:-the value of the
) ores. Professor Thomas Davis
says: "Of the mineral richness of
the mines in this section, and es-
pecially Of those belonging to what
is known as the Toltec Syndicate
OF San Francisco, there can he no
doubt whatever" 1t is only u
question of timo and the expendi-
ture Of capital and labor, sanguine
men assert, when there will be sill
yer enough dug out of these noun
tains to pay the nation al debt. To
parties not conversant with the
ines of this and other countries,
Z the assertion of Professor Davis
might be considered one of great
exaggeration, but when we look at
the produ,t of other mining
countries the business mind will at
onea,grasp at the proposition as
being nearer the truth than it Is to
the fabulous. The registered coin.
age of the Mint Of Mexico, for the
last 135 years, ending January l,
1874, amounted to $I,942 934, 107.
The following is the registere d
total yield of few Mexican mines,
which belong to the same great
chain of mineral deposits so recent.
Iy developed in the Santa Rita's:
The Rio Grande, $3.50, 200, ,000; the
Potosi, over Sl.00O,OOO. 900. One
mine, the Panillon, produced for
five years $50, 900 per day, when in
terrupted by food of water.
Opened again in ten years, 1t pro-
duced $4,000, 900. 1t subsequently
lay idle until 1871, since which
time 1t has regularly produced an
annual yield of $13, 100000. The
Comstock lode, in Nevada, fur
nished another signal evidence of
productiveness. Yearly over $50
-Q09, 900 is being paid in dividends
to its stockholders. All these
statistics are taken from official re-
ports, and can at any time be yer.
: ifed.
The Directory of the Bushnell
Company and of the Saint Louis
Company claim, in the course of
an early future, as great results as
are exhibited above; but the sue
cess Of every silver mining region
can only be attained by the requi-
site expenditure of capital and la
Dor, and the Aztec and Tyndall
districts have heretofore lacked
both. 1t is the object Of these
companies to introduce to the no.
tIcs' Capitalists and others the
advantage to be derived by partici.
pants in the rapid and quick devel-
opment OF WHAT'S to-day a iegion
of almost Incredible wealth.
The capital stock of the compa-
nies is fixed at Sl0,0O0,OOO, each
divided into 0,0c0 shares of a par
value of 500 each.
AS it is the intention of the di.
rectors of these companies to work
! with prudence and economy, it is
not deemed necessary to place upon
the market more of its stock than
is sufficient to actually develop the
paying value of each company, il
being fair to infer, from all previous
experiences in this character of
mining, that as the work progress
es sufficient ores will be obtain ed
to not only prosecute its labors but
also, in very short period, to JUS
:. tify each of the companies in de-
claring a first dividend.
Twenty thousand shares of stock
L I. 4,