The Black range. (Robinson, Socorro County, N.M.) 1882-1897, 1888-02-24

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change yesterday afternoon 10 get up
IN interest among Kansas City bust
Ness men and capitalists In mining pro
perties. The meeting was addressed
By Colonel George ". Warder, presi-
dent ~ the exchange, Ex-Governor
Crittenden. Mr.. Alexander Majors and
Others. Colonel Warder In calling the
meeting to order stated that although
the mining exchange had been organ
ized a little less than six months II had
already created considerable interest
In mines. Heretofore New York, ~.
Louis and other eastern cities had
been reaping the golden fruits from
the mines OF the west and now 1t was
time Kansas City should reap some Of
the benefits. As an instance Of the
commercial value of the control Of
mining interests he said that st. Louis
now had q capital Of s4.O00,OO0invested
in mines, which brought them in an in
come last year of 100000. In the de-
Yelopment OF tue mines in the west last
year, e40,O00,0O0 was required, of which
fully e2,O00.OOO was spent for small
hardware. In n district the output
last year WAS s~s9,OO0,OO0, requiring
hardware and machinery 10 the value
of ss,Oo0,OO0. All this might be OBJ
tanned for Kansas City II the business
men would inter est themselves to look
after IL.
Ex-Governor Crittenden was called
and said that. although he knew very
little about mines and mining, he was
convinced that the merchants and
business men OF Kansas City had paid
too little attention TO 1t in the past. As
an instance of how II helped st. Louis,
he called the attention TO the output of
the Granite Mountain mine. For
months after 1t was patented and
worked, its probabilities Of success
were considered very doubtful. Its
stock was hawked about the streets of
81. Louis ut ten cents on the dollar.
Now 1t Is worth $50 on the dollar. AT
800 some well-known st. Loulsians, he
said, have magnificent fortunes. Among
them were c. W. 1cClure. with $780,
90: c. w. Clark, ~, 10000; l.. Nj.
Rumsey, 81, 10000; Charles Duesfrow,
el,560,OOO; NJ. Rumsey, sl,5OO,OOO; n.
b. Ewing. s1,5OO,OOO; John r. Lion
berger. sl,0OO,000; William Waters, ST.
10000: a. +. S~harpleigh, 100000;
Andy Warren, s4OO,OOO; james Camp
bell. sl67,O 900; Edwin Harrison, $780,
600: William Kohn, $4,000. A st.
Louis paper In speaking OF this mine
says IL was expected to pay fifty cents a
month on the share from January /. II
30 the annual income of Mcclure would
he $4,000. CLARK, $4,000, Rumsey,
$4,000, ~Lionberger, $4,000. One of
these gentlemen went to ST. Louis Il
few years ago very poor and opened a
hash house, lie invested a few dollars
In the Granite Mountain when the
stock was gipg u begging and now he
boards ut the Southern, wears good
clothes and drives bang tailed horses,
"The dividends of hfly-nine Ameri-
a mines in 1885," said Governor Crit
tenden. were "s1O.2s2, O93, and the total
AMOUNT paid by those mines in the last
few years Is Ssl ISL ,0sl. In 1870 there
was double as much gold as silver and
gold held a supremacy until 1877, since
which time has been in the lead. Kan
sas CITY," he said, should pay some at
tentlop to this mining question end
make this city as much of a mining
center AS 1t is a railroad center"
Governor Crittenden was followed
by Mr.. Alexander Majors, who has
probably had as large experience in
mining as any man in the country.
He commenced mining in 1860 and has
continued it up to this time. When
mining vas first begun in this country
here were no men who understood the
ores. Everybody lacked experience.
There was no machinery adapted to the
purpose and no railroad TO carry the ore
away. In those days It was impos-
sible to make money unless you struck
q Comstock. Now every kind of ma
chinery is to be had, and some mines
have been developed to the depth Of
1000 feet. Instead of these min,
playing out no one has seen the bottom
of them. Mines are proving TO be the
best paying investments in the coun-
trV and AZ ~. oufa - .,..t ~. a.t-l