The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1881-09-30
wSAl cONsTlFUrEs A NINE.
sensible Advice 40 Mineral Hunters
and Investors
TomOetono (Arizona) EpItaph

Tombetone (Arzona) Epltarh.
This is question seemingly cusy to an
swer and ono upon which thera ought to 6e
no diversity of opinion. Notwithstanding
the apparAI! easy solution of the question
there is diversity Of opinion among those
engaged in mining and probably but few
would DO found to agree were they
called upon TO examine and re-.
port upon The thousands of prospects
by courtesy denominaied mines.
The discovery ofs lode or deposit that shows
rich ore, we think all will sgree, does not
constitute mine. They are but the founds-
ton or or ,undwork of mine, The work
following upon the discovery determines the
fact of whether there 10 that abundance of
paying ore to make The mine, or whether the
discovery Is TO remain prospect The
fact of there being some rich Gro
| in pockets or strata, is NOT the
pon, at the owners are working
to est N, There are rather the leaders
to the SGT of the search. The paramount
obiec mining openations ia to find large
bodies vi ore that. can be easily mined and
milled, yielding moderate prof, over and
above tho cost of extraction and reduction.
Such bodies OF ore, by their size, allow Of tx.
teusive operations, and BY the quantity ban
died give large monthly prof's 10 the own
ers. We zee the above statement verified in
! the gold mines OF the Back Hills, that on an
average give a gross yield of from Sc to So
per ton. Notwithstanding this apparently
low yield, by tine large quantities
handled they are among thr best prop,
ties in the United S'ate'. In California
there are notable examples. Take tho Idaho,
of Grass Valley, tina, has pad So, 024 900 ia
l45 consecutive monthly dividends from
ore that on tho who'll, has not probably
paid over Sl5 or $l6 per ton Here, again,
quantity and ease of mining and milling
have been the chief factors in constituting
it n mine and not II prospect The Kew
stone, Of Ansdor county. California, is an
other instance. From ora that averages but
$40 there arises ne: profit monthly of of
least $l5 900.
Changing from gold TO silver, we have the
celebrated Eureka mines of Nevada the ores
of which run about $50 per ton eXdtnive OF
the lead. The vsluo OF ton Of crude bolton
rs il comes from the furnaces il given as
S249 90 and the cost 20 manufacture S2O7 G2
per ton. Hera it Is the qusntity that spain
saves the mines and makes ihem among the
most profitable Investments of the day We
Will now come 10 our own mines at Tomb
stone and SEQ how the case stands. fake
Western (Uontentiob) for instance and we
think no man will SAY il is not great mine
The average value OF the orc is not largely in
advance of the Eureka mines Judging by the
amount crushed monthly and the buliion
output. However this may be, the large
body Of ore exposed in the vein, aud the case
and cheapness with which ii is extracted md
reduced the profits are largely enhanced
Over those of the Eureka or California mines.
Win Is stamps the bullion output exceeds
Y 10000 pcr month from which the owners
are enabled to pay dividends of SIS 900 per
month with supplementary dividend about
Now Yera's Of n like amount, or n total for
the year of 1915, 600, In addition to the
Western ther ia a..TombNone sndGrandCen-
trail with massive bodies of ore and
Il monthly output OF bullion from
which they pay dividends of $4,000 each TO
their shareholders. This NAL the divi-
dends of Tombstone Sl75,O0Op,. month.
In addition 10 these we have the Wilma
n large and steady bullion producer, and the
Girard with is 1000 tons of ore on the
dump, awaiting the completion Of the mill
ground for which WAS broken yesterday, and
which is to be complete by tho lst day OF
December; the Inger,oll with its 1900 tons
on the dump, and 81, 100000 worth in sight
in the mine: Flora Morrison, Sulphuret and
Stonewall, all showing large bodies os ore
II is safe to say that the aforementioned
may DO cls.sed as mines In other parts OF
tho territory we may mention the Copper
Queen, Total Wreck Silver King and Tip
Top. Outside of these are large numbers of
prospect rapidly developing into mines that
vt no distant day will make Arizona the lead
ing producer of silver and copper in the
world, From the foregoing it will be seen
that il is more in the Qusntity of ore than in
quality that constitutes u mine, /. e., when
tho Gre is sufficiently enriched TO yield a
margin over and above cost of extraction
and reduction.