Arizona weekly citizen. [volume] (Tucson, Ariz) 1880-1901, 1895-12-21
A GIG SALE.
100000 The Sum to be Paid for
the Pierca Mines.
PrOspector.

| ProSpector.
The Pe8rce mines which has attract
ed almost world wide attention through
its marvellous richness and immensely
and which could we'll be cassed as G
| Comstocls, is about to be transferred tc
| other hands.
List week Mr. John Brockman, a
wealthy capitalist and influential min
Ing man Of New Mexico, and resident OF
| Silver City, was 6t the bonanza mines,
having been attracted by the wonder
ful and almost fabulous fairylike tales
o; wealth Nature had there treasured.
Mr.. Brockman, who is q veteran min
ing man, 8nd at the head Of many min
ing companies in New Mexico and Col
ofado, among which ere some notable
producers and employers of hundreds of
miners, was filed with amaZement and
wonder at finding the almost Incredible
stories which he had heard and read, to
be we'll founded facts.
After having carefully examined the
big property, be Immediately entered
into negotiations with the owners and
finally they come to an understanding.
The price to be paid, $500, 600, on a six
months bond, with high percentage
paid cash down, the amount of which
We are not al liberty to state. the bal
ance to be paid Ia three payments with
il the time stipulated, was agreed upon.
Mr.. Brockman is now en- route to
Philadelphia to confer with bis asso-
ciates, among whom Kaiser end SImp-
son, theirenowned Pennsylvania million
aires, with whom he is interested in
mines in Colorado, are mentioned.
SO enthusiastically anxious was the
distinguished gentleman to secure the
property that be unasked and unbidden
gave his check for $1,000 as q forfeit 10
bind the owners 10 giving him the
option for three weeks from yesterday
Jan. 1st, until he could return from
Philadelphia, and accordingly an agree
ment to that effect was entered into.
These mines, six in number, were To-
Gated in February last, and their report
ed richness at that time created furora
OF excitement, ever body who could going
TO the scene CT the new find until the
whole country. was taken up all around.
The owners commenced the work of de-
velopment and the shipment of ore at
once, and have continued steadily work
ing and Shipping ever since. The mines
have paid handsome profit from the
from the grass roots down, over end
above all expenses. The GRE in places
runs very high, the average, however. is
80 ounces IH silver an0 l ounce in gold;
the average width of the ledge is 40 feet
though 1t varies in this respect, and in
places is 200 feet wide and upwards.
The shaft is down to 6 depth of 80
feet and there are two drifts running in
opposite directions of go feet each, both
shaft and drifts being in ore, top sides
and bottom.
While the amount to be realized on
this property is a vast sum yet the own
ers were 10th to accept it for they real
ize the value of the property, but not be-
ing in position to erect the necessary
machinery to work the mines to the
greatest advantage, they have thought
it wise to sell.
The fame of Cochise county, and in
which Tom bstone has stood preeminent
for years as a silver producing region, is
about to be again heralded throughout
the land, and once more lay claim to the
proud distinction of the home OF wonder
full discoveries.