El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-06-22
f1ineS and
Mining.


high resistance and can be forged like
iron.
1t is stated that the New Idria quick
silver mine in San Benito county, Cal,
can produce quicksilver cheaper than
any other mine in the United States.
One well-developed mine in dis
, trict does N ore to establish reputa,
ton, for that mining district, than any
mum Der of prospects, no matter how
good they may be.
The placer fields along the Colorado
river, Arizona, are attracting great
deal of attention and collaborating
gravel beds have recently been located
for distance of 200 miles above Need
les.
A new gold discovery has been made
near Custer City, South Dakota, and it
is said that the ledge, which is IA
inches, has been uncovered for 10 feet
, assayipg SO, 600 to the ton. An offer
of S25, 900 has been refused for the new
find.
When the Vulcan mine in the Gun
nison district, Colo. shut down in Feb
ruary last on account of a strike, it had
a pay roll of So 900 per month. Work
has been resumed with a small force
and may be increased If conditions will
perm1t.-Ex.
The purchasers of the Frazer group
of copper mines in Taos county, New
Mexico: have according to an estimate
| tons of ore in sight worth SIS per ton.
The mines have 1,5O0 feet develop
| ment work, and propose to put in
plant costing $3.50. COCK.
| The extremely fine shines floating on
the surface of the wash boxes and else
where about mills may usually be set
| led by allowing the current carrying
the floating material to pass through q
pipe, the lower end of which is bent
downward and discharging under wa
ter.-Ex.
The Rocky Mountain states and ter
| ritOries possess several undeveloped
empires which would be gladly and
quickly developed by eastern capital
| if it could be assured of fair treatment
in amount asked for properties and
| not to be taken all over the country on
| misrepresent ations.
The newly discovered diamond fields
| about Pretoria, South African Repub-
lie, are being extended by the discov-
cry of new claims in almost every di-
rection. The total yield from this field
during the first quarter of the year was
5000 carats. These mines may become
important competitors with the Kim
berly fields.
The largest zinc mining deal ever
contaminated in the Missouri-Kansas
district was closed up last week. A
Boston syndicate bought the M. & r.
acre tract at Aurora, Mo-, and the Tut
tie mills, also ass acres adjoining,
known as the Flourney farm, including
all mills on the tract. The price paid
was $500, coo.
All of the large and successful min
ing enterprises in the country were
small concerns in the beginning of
their history. A mine must be made !
and it requires usually vast amount
OF money and much time to bring about |
the desired result: but no amount of |
money or scheming will make mine |
where the values do not exist.
a Silver City, N. M, paper announ-
ces the sale of the Hearst estate of it's
recently acquired mining properties
composed of Senator W. A. Clark of
Montana, the Rockefellers and others.
1t is further stated that the Hearst
estate never made purchase of the
but had an option on it for
three years at 81, 100, 900, and in addi-
tioE to the payment of this sum the
new syndicate pays the above estate
$500, 900 for their option.
An undevelopeds mining claim is like
an undeveloped farm-it is long way
from prospect to mine. 1t requires
money and much labor to make it pro-
ductive. Many districts are kept back
because OF the fancy prices asked for
mere prospects. Capital knows tie
cost of producing mine and what it
costs to make one out of a prospect.
The claim owner needs capital or COM
bination of capital as bad as capital
needs the clsim or the raw material in
which to invest.
Very many novitiates in mining too i
)ften Overe5timate the value and ex-
,ent of their own knowledge and abil-
ty. When new company of iueXper-
enced men is organized to operate
nine, and expensive work is to be I'M :
lertakeD, it will always be wise to en- !
)loy competent man to take charge =
If the work and to outline the plan to ]
'e pursued. inexperienced managers
re costly in the extreme and have :
uined the bright prospects of a great =
many mining schemes. I
Do gold nuggets grow? Is ques- q
ion that has been asked many times. e
oubtedly do. Several years ago
'rospector picked up q nugget In a
california gravel mine which weighed
600. Ever since that time this mug IL
et has steadily grown until now when "
eference is made to the finding of tt is Ii
imp it is usually stated that it weigh f:
d 81 900. In a few years it probably Ii
7ill have grown to Sc. 900, and possibly #
q time it may reach 100000 There is f
o real evidence to indicate that mug n
cts grow in any other manner than n
bove escribed.-Mining and Scienti- O.
a