New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-10-15
MINING IN ARIZONA.
AN OvER-EsTIMATED REGION.

PECTs"-sUCCEssFUL COPPER MINING IN THE
TERRITORY.
lFRoM An OCCASIONAL CORRESPONDENT OF THE TRBUNEl
TUCSON, A. T., Sept. 22.--In spite Of the volumes
that have been written Of Arizona as mineral re-
gion il is doubtful H. with the exception here and
there OF specially favored sections the hopes of the
thousands WHO have invested heavily to open new
lodes and develop new districts will ever be even
partially realized. Within the past six weeks
nave pretty carefully gone the developed field,
ana while there Is much to encourage further ex-
pioratlon 1t is apparent that Arizona is yet long
way from becoming a great bullion producing
Territory. The really profitable mines that are be-
ing worked throughout Ar IONA can be counted on
the fingers of one hand and then there would be
hnSer or two TO spare. In saying this do not wish
to discourage the investment of further capital
herc but III the interests of mining for the precious
metals everywhere | TO hope that more caution
viii be observed in buying and Incorporating un-
developed locations and in placing them on the
Eastern markets. There are scores of mines or
rather schemes now seeking the confidence of
Eastern capitalists, which are nothing, nor they
likely ever 10 amount to anything but an expense TO
their owners There is no mining region IN the
world hat has been prolific of disappointment
a. Arizona. For fifteen yCars-twelyc years before
the southern Pacific Railway entered her bordcrs-
these dlsappontmeuts have been OF almost monthly
recurrence. The advent of the railway started
Doom IN one distrIct-the new discovery OF
TombstOne-but nowhere else has it facilitated the
development of profitable mines lodes or sections
AS matter OF fac here are only three silver mines
III the whole territory that are paving regular dFl-
dends. These are the silver King OF fln"l Comfy
ana the tombstone ana Neaiern,"t tombstone Inc
hfSt dlSburScs 3-3,ouO W"hihlV, the Socoha
$4,000 and the third $4,000, but this last
tbc nf -.
mines resources. ether mines in Tombstone are
producing sums monthly that vary from $4,000 10
$4,000 but the cost OF getting these amounts ont
- such hat there is no marg1h oi proht TO siocN-
hol 'crs. whether they ever VIII reap reward "e-
ponds upon whether the output of OulH"u can nc III
creased, without proporuonat"ly increasing the
cost OF ia production Ii is a delicate problem III
most mining operations for the fact Is too painfully
apparent that men vino control ana work mines are
"''el' SI'"' "ou i'N' 'o''''"," "''"' "" -,
Pi"hl 'o' STOCKHOLDERS 'nin '"'S n'' ',"' ''i, 'i
oil expense ah'.I tie h'P' up 10 '"' iu''''' "4N''
S'o'N'.""''' W ]" S'""''
IN R'ah'l'L h'N'iS ",'! III" n''''',' '''
ATlIoW, ihal portion "l 'r' itiut'IH ~ ''- l'l" v.
the Southern Pacific Railroad and west ~ lInhl
Couuty may he REGARDED from q mineral point of
-. in, II .,,..ir, VIII tho cv,.antfon
VIZ" ''''''N WI" '''"''."r. ''" .,
of one solitary company, which has paid three NInau
diyidrnd-.aul that is he Tip Top mining IN that
..ctinu has not b,au carried ON al 4 profit Pres
~" '''' ''' ~" " n. -,
'''' - nv "'' VI ''''' :, gum anu
years the journals OF Prescott nave PTH-'' '"''r
mineral resources. and published week after week
I -, ',I, :I,,,,,l 81. ,r,rl,i .c,ou,ts
.,; 10,
oi bon Just on me eve OIL "ur'''hs' ""''E mas
set come 81 it, So far whatever has been found mas
h,.,, s.,rc,I, worth the trouhle and ryucnsc of
rI..; Ill. 400, ,l,,,, = ,b,I',, s;lyer
"I'''"S' ,'' N,'",' WIZ. go, i''"o'' .',.,:'
are thin, il!-dciucd and rich 0niY III tihlaIzihH
snots Near the Colorado River and about seventy
,nil.s north of Yuua the Castle Dome Mining and
-, g 9, I,,,.,, - ,,orl,i,,, ~
Nm'uhR '""'""N, Va -" I'm '','' - '''''"N ~
profit a deposit of gcna nj silver, but II i en-
IIod T., o Tins hv fine fact that the company runs