Daily Los Angeles herald., 1884-04-11
Does Mining payq

The HERALD contains in another
column some statistics of the yield Of
mines in Southern California, which
show profit far exceeding that Of any
other kind of business. The King, the
Waterman, the Garfield; the Bonanza
King, the Daggett group of mines, and
the Lava Beds. all show the most salts
factory results, while if the Colorado
river be crossed the same result follows
all judicious and prudent mining bus
mess.
This Is most notable in the copper
mines OF Arizona. where the most sub
stantial results have follo~e in every
instance. The Clifton Copper Mines.
the Detroit Copper Mines. at Clifton;
the Copper Queen, ct Bisbee; the United
Verde, Of Yavapai county; Omega, of
Pima county; Columbia, of same county;
Casa Grande. Pinal county; Long Island,
Globe county; Tacoma, Globe county;
and the Buffalo. and Ray Copper
Mines. all show an uninterrupted
success. They have produced during
the past year $4,000. 900 pounds of fine
copper that il superior to any other,
and for which the world is wait
ing. at remunerative prices for all
that can be produced. The rapid in
crease Of population, and the increase
In the consumption Of copper in the sci
snces and industrial arts, makes copper
mining continual success.
It is notable fact that oil copper
mining in Arizona has been success
from the start. A most remarkable in
stance of this success Is shown in the
Copper Queen mine at Bisbee. which
last year produced the enormous amount
Of 1850. 200 pounds of copper bullion,
enough to load 397 freight cars, that
would make train about four miles
long.
The people of Los Angeles are begin
ming to see the large and certain profits
In copper mining, and are taking l.old Of
the stock Of the Copper Mountain Min
ing Company. of Los Angeles. with a
right good will. The mines Of this local
company, - has been before stated in
these columns, are on the Colorado river,
. navigable stream at all times, and con-
sist Of small mountains Of ore like the
Bisbse, that works 90 easily, cheaply
and profitably. The Los Angeles
company has more ore in sight
than the Bisbee. and can get their sup
plies Of provisions, tools, coke and char
coal at less price than the latter, while
the freight ON their bullion will be also
less on account of opposition lines of
transportation from the smelters to the
bullion markets of the world. The bull
lion of the Copper Queen last year sold
for 81. .000, 900. and from the appearance
of the Copper Mountain mines an equal
amount per annum can be made and sold
in year.
These plainly to be seen facts are COM
ing to the knowledge Of the people of
this city, as is shown by the purchase Of
. line Of the stock by some Of the
shrewdest and most prosperous business
men Of Los Angeles. 1t will Le certain
ly rare fortune for the business Of Lon
Angeles to secure the entire control Of
these great mines for this city, and the
millions Of dollars Of trade which it will
bring TO our industries.
Our far-sseing capitalists and prudent
merchants are taking hold Of this stock,
- we are informed by the counsel OF
the company, George J. Denis, Esq,
and nearly enough il sold to pay for the
smelters. This shows good sense ON
their part and il ID altogether likely that
this uDasssssable stock will be as nego-
table a. gresnbacks in . short time.
The sooner the production Of bullion be-
gins the better for the stockholder and
the city.