Santa Fe daily New Mexican. [volume] (Santa Fe, N.M.) 1885-1897, 1893-06-30
AMONG THE MINERS.
Smelter Contracts Curtailed--Actiyity
in Kclly-The Ambr0sia Deal
Discovery of Opals.

In view of the continued and rapid de-
cline in the price of silver, the Rio Grande
Smelling company, of Socorro, yesterday
sent out kilograms to stop all purchases
Of ore, and to stop shippers from sending
in any more than is already agreed upon
under time contracts. This will be se-
we're blow to miners and mine owners
throughout the southwest, as this COM
pany was taking all the ore OF Tomb
stone, about 1000 tons per month, large
quantities from Cooks Peak, Lake Valley
Magdalena and other points in New Mex
leo and Arizona, as we'll as heavy impor-
tations from the state of Sonora. The
smelter itself will not be shut down, as it
has about 10000 tons of ore on hand and
considerable quantities in transit and to
be shipped under time contracts; but the
blow will be felt in every community and
in every branch of business, as it will
necessitate the shutting down of most of
the mines and cause thousands of men to
be thrown out of employment.
MAoDALENA MINES.
In spite of the drop in silver, matters
at Kelly are moving on with great life
and activity. This because 60 to rs per
cent lead is in the ore of that camp and
smelters must have it as long as they run
at all.
| Judge Balue and Capt. Fitch, the Terre
Haute, Indiana, parties who recently paid
100000 for the Graphic group, passed
down the road to Socorro yesterday and
this time they 60 to stay. They have
Just closed the deal for Hon. W. 81. Pat
terson's store ard residence property at
the mines and have just ordered in Den
yer new hoisting and other machinery for
placing the mines in first-class condi-
ton for production. Capt. Fitch is to
be in charge of the mines and Judge Balue
will look after the company's mercantile
! business
THE AMBRos1A DEAL.
Further details regarding the Ambrosia
mine sale were learned to-day. The
property is located in the Magdalena
mountains, not far from the Kelly and
Graphic properties, and was owned by
Hon. T. b. Catron, of Santa Fe. It was
once famous producer, but has been
idle for nearly twenty years. E. G. Bill
ings, of the Pueblo Smelling & Refining
COMPANY; Hon. j. N. Carlisle, ex-state
tlt.--fc,aaurer Of Colorado; james R. Camp
bell, g leading Colorado mining MAJ -
Others have taken years worE. bond
on the Ambrosia, agreeing to pay @-s-s7
900 therefor if development proves it as
good as they anticipate. Mr.. Campbell
is manager of the company, and is now
at Socorro arranging for active work by
considerable force of men.
| MINING NOTES.
| w. b. Twitchell, Alex. Allan and Wn.
Evans left last evening with six burros
and mining camp outfit, intending to
prospect in the Taos mountains.
Samples of asbestos of first-class quail
ty, said to be from a Santa Fe count y
discovery, have been shown on the streets
lately. The location of the find is Sc
cret for the present.
The news of the great depreciation in
the value of silver has lent new energy to
those who are connected closely with the
Silver City convention, and they seem
more determined than ever to make the
result of the convention felt all over the
world. All arrangements for the enter
tainment Of guests on the 4th and 5th are
progressing in most satisfactory way
The report Of the committee on securing
accommodations showed that they will
be amply prepared to take care of az
many as may attend.
Specimens of opal from new find In
| the Vale mountains were shown a New
MEXICAN man yesterday by Mat Breeden
They are from near the surface and lack
sire" as yet, but are nevertheless very
large and beautiful. Mr.. Breeden says q
fifty-foot tunnel has been run on the
property and there is good indication
that the fiery stones are not far off.