Southwest-sentinel. [volume] (Silver City, N.M.) 1883-189?, 1893-06-13

J. p. Gilcbrist, who recently took tho
place Of Walter 9, Hadley as manager
Of the Graphic mine At Cooks Peak was
here last week.
There Is nothing OF Importance now
being done ia the mines In the Carlisle
district. Since the Carlisle Gold Com.
pany suspended operations there some
development hae been done and some
small bodies Of high grade ore have
been found from which shipments have
been made but pay ore has not been
found there In any considerable bodies.
A company has commenced work on
a tunnel which Is TO DO put through
Animas Peak, near HlllsborOuRh. This
is n OF the greatest mining undertake
inRs ever commenced in this Territory
and 1t will require a large AMOUNT OF
money 10 complete IL. There are a
large number OF leads which crop out
on the surface Of the mountain and Il
ie thought that there must be blind
leads which the projectors of the tun-
mel expect to lind. The tunnel will pass
about 1000 feet under the peak which
will give a great deal Of Stopping ground
II any good leads are found.
There is no immediate prospect that
work will be resumed on thel Pacific
Gold COmpany's property at Pinos AL
the mill here and the company has done
nothing toward getting a supply OF
water elsewhere and moving the mill.
II will be some months yet before there
will be q sufficient supply OF water 10
keep the mill running and until that
time It win be useless TO employ miners
to take out ore which could only be
piled up 10 await treatment.
j. +. Heatley has sold a group OF
mines in the Tres Hormauas to Frank
Thurmond and James Martin. Heatley
has been working in the Tres Hermanas
Tor about ten years and during that
time has done more TO develop the camp
than any other individual who ever
worked there. A large amount Of good
ore has been produced 10 the district,
principally from the Cincinnati mine,
which was worked on quite an extensive
scale nine or ten years g o Quite a
number Of other mines have produced
good ore there and il 1t had railroad
facilities the camp would become one OF
the largest producers in this section.
The silver camps in New Mexico are
not working half the men that we're EN-
ployed taking out silver ore last year
and there is not the slightest hope Of
any improvement unless congress passes
a free coinage bill. The condition of
affairs is fully realized by the silver
miners and they are going 10 proclaim
their sentiments TO the world at the sill
VnE nnnUanNtnn hare AnwN A--NL Nj
ers in the gold camps are going TO help
al much as possible because they also
are interested on account OF the fact that
more or less silver is produced in all OF
the gold camps in the Territory except
the placer camps.
Preparations are now being made for
a very busy fall and winter in the No
gollons. There is considerable develop
ment work being done in the mines
there and by the beginning OF fall the
new Confidence mill will be- in running
order and the Maud s. mill will have
been equipped with stamps. Can't.
Cooney's Q mill will, in all probability,
be completed before the beginning OF
cold weather. and the Deep Down peo-
pie will have their works in operation.
IL is possible tOat some arrangement
may be made to start up the Last Chance
mill which is one OF the largest in the
Territory. The Confidence company
has made a sufficient number of tests Of
the ore from its group OF mines to make
it reasonably certain that the ore which
has been blocked out in the mines can
be treated at q good profit, The out
look for the camps in the MOgOllons
seems to be better than that Of any
other camp in New Mexico just now.
It is not yet known whether the comp
troller OF the currency has ordered the
additional Is per cent. assessment rec
commended by Receiver Foster on the
stockholders OF the First National Bank
OF Deming or not. The first assessment
was 81 per cent. OF the capital stock and
only 1S per cent. more can be levied.
This has been recommended by the re-
celver and comptroller, OF the currency
will probably act in the matter very
soon. If an additional assessment were
be levied on the stockholders OF the
National Bank here, making the /
total assessment up 10 the limit, the re-
would probably be able to declare
a dividend as large as the one declared
last year. 1t has been over I6 months
since the failure Of the banks and the
depOsitOrs in the bank here have received
only 70 per cent. on their deposits, which
is only a fair rate of interest on the
money as interest rates go In this mart of
the country.
Some enterprising tanner might make
a fortune la southern New Mexico with
in the next few years. Now the hides
which are taken of here are shipped
east where they are tanned and the
is shipped back here TO our shoe
makers and harness makers. IL has
been shown that q very superior quality
Of leather can be made out Of hides
tanned with canaigre. AS thus plant
grows here in abundance, there Is no
necessity for shipping hides east to be
tanned there with canaiRre extract ship
ped from New Mexico aud then paw the
on the leather back TO New Mex
leo. There is no reason why Just as
good leather cannot be made In Grant
as anywhere In this country and
some enterprisinR man is going to wake
mp to this fact before long and make a
Charles H. Dane, formerly president
Of the First National Banks Of Demiug
and this place, who is under indictment
Tor embezzlement, rs in the northern
part Of the Territory. The cases against
are set for trial at the September
lerm Of the United States court at Las
Cruces.
The Demiug bremen will give a ball at
he opera house in Deming next Friday
The ball is to be given for the
benefit OF the FIRE department.
The Canaigre extract works are closed