Arizona weekly citizen., 1895-06-01

mining and milling, labor included, is g
 a ton, or $40 day. The interest on
 the s30,000 invested at l per cent per
 month IS $500 month, or slO a day.
 This gives us the following figures per day:
 20 tons returning s10 per ton ..... S2LO Mining and milling 20 tons. $40
 Interest on investment. .-.. 10 | Total exp nses. .S5C Daily profits. .S15C The whole return on the investmen,
 would be made in 200 days, and ore
 should be still left to continue opera
 tious. These figures are On a email
 property. The larger the plant the more
 cheaply operations can be carried on.
 lt IS all plain business investment and
 nothing more.
 Again, the question as to who owns
 the mine has good deal to do with its value. To poor man it's practical Val
 ue is usually nothing. He cannot buy
 a mill, or wood or hire labor. Re does
 very well indeed if he gets powder and
 drills enough, and the beans, coffee and
 sugar to keep life in him, and then tc
 develop the property and show the ore
 going into the ground. and the changes | of formations and quantities found be-
 low. A poor man does we'll if he devel-
 ops his mine. Every dollar spent in
 developing a good mine returns five but 1t IS often the question of where to
 get the dollar. Then, as one prospector
 said, ''maDy good mine is spoiled by
 too much development" A mine once
 developed the average owner can only
 sell it. So it's value to him is only po-
 teutial. The thoussnds-nay millions
 in hIs ere signify nothing oaly the prof
 it's ID milling, and he generally hasn't | the mill.
 To capitalist gold mine is just a
 straight busine s proposition. A mine | is hIs capital
 We have given descriptions in detail
 of the various miues of the Gro B.snco
 district. The owners are plaln, practical | hard headed men of the mountains, who have worked in the mills or the mines | tee ding them, and developing their OWE properties be twe eu whiles.
 With the hiils and mines for environ
 ments and Eot much compauionships, strong iDdividualities gre deyelored. hCi0 ID ODCic IA ih, uS 0uT. U. M. Kirk patrick is often termed, uho can guess within dollar of what piece of
 ore will Gy, or can denounce mining | Didd!eman with emphasis that can never be forSo:teo. There is Colonel Holden whose favorite remark Is that he IS pay ing the biggest percentage of dividends ln the district, always accompanying 10. remarks with the jingle If coin. He
 a. made and lost t&J or fr fortunes here are ''the B ,gAn boys" who have grown up in the distr,ct. who divi e
 neir time between employment at ,he Yeiiow Jacket 6nd the development Of
 heir own Sorr9I Tor, t,p top m ming men who when ttey sell ther mine will deserve ell the good ioltuie they 4chieve. Ho pitable, plain-spokep, these men of the hills of O.o B anco ali are. with really meritorious array of niEinE properties awaiting capt tai. Some want to develop more than they bave aud some are now ready to talk business.
 The dist jet is days drive from Tue SOD, on tte Sou .heru Pacific main line. r. is located adjnins the Mexican tordeI.
 Capital IS the biggest word in the die tlonary m Gro Blsnco. The question, with the miner is how to reach tha ear of the bald headed capitalist. He can find mines ard open them, but to sell them-there's the rub. It is here that the middleman steps IT, The usual pro- cedure IS for th.s man to bond the pro- psrty-that Is to agree to pay a certain | sum by a certain time for the mine. He | expecis to interest tbe capitalist, or in i terest uUe or more go-tetweens who will, 1 and sell the mine at figure i1 I'd -eIc | ot that winch he agrees to pay the owner. The differences in hIs bonus. Sometimes this is a large figure. Iu ere property of this district the selling price Was SGO, eco, of which the criginsl owners share was S10C00. Yet the mine was worth the bigger figure. Here IS the key to this booklet: The capita list can save money by dealing directly with the miner. Ia Gro Blanco are some excellent mining properties for sale. A visit to the district is DO hard matter-in fact 1t is 8 fine recreation and by being h.s own middlemsn and following up some of the properties | ID these pages man with money can make more.
 Oro BlGnoo district is rugged, with bordering on the majestic. and hardly level foot of ground The nllls are dotted with oak trees, and though nnny have gone to supply fuel Tor mills they would not be missed. The oreezes are strong, the air pure, the constant, and one may stand on one of it's thousand hills, inhale great ungfuls and thank God just for exist ,nce.
 In the early days the district was worked for silver almost exclusively This branch of mInIng, once followed at the old Warsaw camp, has been abandoned. and ailver mines are 10 more sought. The Warsaw mill has { ain idle for years, and the old mines Ire falling about themselves. But even lere the new era has dominated. Right Iround the old camp new gold proper ies are being opened, and there is even ak Of purchasing the old mill and re- lttiDg 1t for gold mill. A good gold 'orphyIy lead was recently found right D the excavations of the mill.
 THE COLD ERA. Today only gold is considered. Gold .I-~