Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1898-01-26
new MEXICO CRIPPLE CREEK.
Coming Boom in 0ochiti Gold District Ex-
citing Much Interest in Boston Santa
Fe's Golden Opportunity.

The Boston Financial and Trades
Journal of last Saturday speaks of the
Cochiti gold district. about 40 miles
southwest of Santa Fc and naturally
tributary to this city, in the following
language:
AT Mr.. Coram's office, much salts
faction is felt at the dispatches from
Denver regarding the Cochiti gold min
ing property. A contract for the build
ing of "a cyanide mill capable of treating
100 tons of ore per day has been award
ed with the stipulation that it be com
plctcd April 90. The contract also calls
for the building of other necessary
buildings. The wagon road from the
mines, about three miles. has been COM
pletcd and water rights and pipe lines
have been surveyed and secured. Two
hundred and fifty acres of timber land
have also been secured by mineral loca-
ton. The shaft is now down 100 feet
from the tunnel level and work is in
| progress on AL upraise from the second
| to the first level and from the face of
the tunnel. Mr.. Coram estimates that
the work o going on will increase the
ore reserves at the rate of 10000 tons
per month. The openings are all in
good ore. Boston is watching with UNI
usual interest this gold mine. more par
| ticularly because of Mr.. COram's wide
| experience as mining man and because
of his connection with the Bigelow cop
per properties. If the Cochiti turns out
to be the mine that Mr.. Coram says it
! ,y;1l G+,t, -, will nyI,nrinnan a nnw
| wave of enthusiasm for gold mining m
terprfseS.
AS announced in the New MEXICAN
last evening. Mr.. j. A. Coram. the
gentleman referred to above. is now in
Bland in company with Messrs. o. T.
Poscy and William Bayly.
Mr.. Coram is one of the strongest and
most influential men in the business and
financial circles of Boston. not only hav-
ing large personal possessions, but en-
ioying the confidence of capitalists to
such Il degree that any enterprise
| he indorses commands all needed money.
and the business men and property own
ers of Santa Fe will make a very serious
and stupid blunder if they fail to take
prompt measures to share in the
substantial benefits certain soon to flow
| from the great work of Mr.. Coram and
his associates in the Cochiti district.
In expressing it's n%nbonnded conf
dence in the great and enduring value
of the immense gold bearing Lodges of
the Cochiti district to the extent of hun
drcds of columns. as the files of this pa
| per. since the district first began to be
| talked about five years ago. plentifully
testify. the New MEXICAN has more
than once earnestly urged the business
men of Santa Fe to cultivate the most
friendly relations with the people of the
coming Cripple Creek of New Mexico
| and thus lay IL firm foundation for the
future trade thereof. The discovery of
c%arbonates Mt Leadville was the begin
ming of Denver's remarkable boom: and,
besides UNNECESSARILY benefting both
Denver and Pueblo, Cripple Creek has
already given Colorado Springs an i'm
! pulse that has more than doubled its
business and population; and there is
no reason why the Cochiti should not do
the same for Santa Fc.
Inasmuch as it is now morally certain
that several thousand people from the
outside will 60 into the Cochiti mining
| district during the ensuing six months,
ii occurs to the NEW MEXICAN that i'm
mediate steps should be taken by the
people of Santa Fe to establish II first
class direct daily stage line from this
city to Bland, and then advertise the
fact as widely as possible. Wisdom de.
mands that this suggestion be acted
upon without Il days delay. Business
men and property owners of Santa Fe!
For heavens sake. wake up! Do not
slumber while your vigilant rivals seize
and appropriate this golden oppor-