Weekly Arizona citizen., 1880-07-24
Arizona in the Eas.. From the \. '. Nining Sew-.


 Boston people within the last ten months have become very largely in. tcrested in Arizona properties and more particularly those iu and about ,be Tombstone District This camp is considered by Bosronisn investors as the richest and m st promising in ArIzona Territory. Several large banking houses or Boston have sen, representatives 10 Arizona, and the rei 0rts Of the future of the territory have been quite promising. One of these gentlemen representing tbe Bos- ton syndicate, who had also visited Colorado and Arizona, in his report went so far as to state that Colorado was mere baby iI comparison with Arizona, the latter having all the evil dences cf deep mining s well as the surface indications it has generally been SuPpgsed that the mines uf Ari- Z0na would not maintain their present , rl.h prospect, but rsceut develop ments furnish prof favorable to the exhaustive mineral wealth Cf the ter ri ory.
 Ia this connection it will be well to 1 remember that when the COmStock ] lode WIS first worked by Flood and ! c BTicn, DO bnnauZas were found til depth of of l2J9 feet bad been at- tanned. Nearly all the wealth of that immense p-upcriy has been tak, Il out Lci1w twelve hundred feet. In Ari- ! conn tine Contention and the Tomb | stone milcs have each several millions | of rich ore in sight. and in neither Cf ! them has depth Of three hundred and | fifty feet vet been reach ed. A tele ! gram from the Contention mine re- ] cently received shows that the lowest
 level, three hundred and twelve feet, : is richer and larger than those above. ! These fscis Ea;urally attract the al ! tentio1 of investors and capitalists in | the East. The first property Purchas- | cd by Boston capitalists was The Elm ! pire mine This was followed by scv- ' ertl other pHrcha e., all made for the [ purpose of legi.imaiely working ihc mines. ll will he seen from an aTli- : cle in another column that BcsiOnians ! have two other schemes aiOot necess- ary Co tlc successful development ot ! lbe Tombstone mines. The first is the ! sycamore Water Company. which has ! The exclusive franchise for furnishing ! the town Of Tombstone. The second
 enterprise is the Boston and AriZaua | Smelling anl- Reduction Company.
 whrsc works are already in course of | erection
 4 good deal of New York capital is
 also iBYes,ed with gratifying promise
 in Tombstone mines and other Pima [ county properties. MOhsve, Yuma
 and Maricopa counties have elicitcd : considerable interest. Surely the
 whole of the east Is becoming inter 1. es,cd iu mining. Nor is it that jncip. . id interest which maniicstl itself by the occasional purchase of block of
 stock. It is an interest which has Ia ken 9 practical form in the oreaniza-
 tiun of mining ard reduction cOmpsp- ips, and as in ihe case of the Sycamore . Water Company, to supply domestic
 as well as commercial necessities. ! When matters assume SO favorable an ! aspect NC can safely conclude that
 mining is taking it's proper place in ! the estimation of the community. and i as safely predict the glorious future
 for the interest which the Daily Nun
 ing News has always claimed for il.