El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-07-25
Mines and
Mining.

5000 ~~~~S
A second stamp mill has been start
ed up at La Republica mine, In the
Alamo district, Lower California.
Elk.
Of the 80 mines which have been de-
nounced in the state of Colima, only
two or three veins are being worked
Enterprise.
The Socavon mine near Panuco: Du-
range, recently changed hands at $780,
900 silver, and has now been sold to an
English syndicate for s4OO, 900 Elk.
At the Abogada mine near San Jose
de Gracia, Sonora, a rich vein OF ore,
twelve feet wide, was cut the other
day, and the property is now bo-
| nanZa.
An English syndicate has an expert
examining a group of mines at and
near Santa Barbara with a view OF pur-
chasing. If the deal is consummated
it will involve one million dollars
Mexican Herald.
Why shouldn't there be strong talk
of big smelter for Parral, large and
flourishing city situated in the midst
of what is soon to be reorganized as
the largest and richest mineral district
in Mexico.-Mexican Herald.
Based on the reports of gold produc-
ton now being received at the treas
ury department., Washington, from the
different countries in the world, 1T Is
estimated that the worlds production
of gold for next year (19OO) will be
S400, 0OO 900.
Arrangements are being 10 ade to re-
duce the capitalization of the Gold
Sovereign from 5000 900 to 1000. 900.
There are 1922, 900 shares in the treas
ury. At the next regular meeting the
directors will act in the matter.-Den-
yer Mining Record.
The problem of miners wages in
British Column ia Ia reported solved.
ers were paid So. so a day. The mine
owners have offered to pay 1925 per
day for eight hours, and the miners
say that that is O. XXX.
1t has been reported that the great
Homestake mine was about to change
hands for q consideration Of S32, O0O,-
900. The actual average net earnings
of this company, If reports are correct.
amount to about 10 per cent, interest
on CSC, 900, OOO.-Mining Review.
Ell Trafico states that Mr.. ]. B. Stor-
man of Magdalena, has denounced
gold property situated in the munich
pality of Magdalena, named La Esper-
ANA and including twelve pertennen-
cias of ground. And Mr.. Sherman and
Gayou brothers have denounced cop
per property of nineteen 'perteneniss:
situated about twelve miles southeast
of Llano station.-Two Republics.
The Jerome Mining News says that
Superintendent Hull informs the News
the directors of the United Verde Ex-
70 nj
at his disposal for development pur-
poses. A large force of men are en-
gagged in tunneling and sinking on the
ore body. A large consignment of lew
machinery Is on its way. This is one
of the mines Gov. Murphy warns peo-
pie against. Star.
The Chihuahua Enterprise says:
Every thing is working like charm
at La Priets. The pumps have been
throwing large stream for week or
more and have lowered the water over
forty feet. The workings and proceed
ings of one property are being watched
with a great deal of interest and curios-
ity by the camp and we are promised
very interesting note on La Prieta for
nextweek.
A Washington dispatch states that
the report on the production OF copper
in 1898 has just been submitted to the
United States Geological Survey by
Special Agent Kirchotf. The produc
ton of the United States in that year
was 526. 375, SCI pounds, which is by
far the largest production ever report
ed. The increase in the production OF
copper was largest in Arizona, while
the lake district also recorded an ad-
vance. Montana fell off considerably.
Elk.
Arrivals of several steamers at Puget
Sound ports and San Francisco with
large amounts of gold from Klondike
and Alaskan points have been reported
during the past week. If the reports
of the amounts already received are
true 1t is quite possible that the KlOn-
dixie output for this season will reach
the very respectable figure of S1e ,0OO,-
600. Some San Francisco reports place
the production as high as $40, 900, 900
for the season.-Denver Mining Re-
cord.
In the state of Chihuahua last week |
the following new mines were denOunc-
ed: by Tomas Rsscon, La Union, gold |
and silver, near Morris; by Santos Moli-
mar and partners, the Ampliacion de Ia |
Gran Bretana, gold, silver and lead,
near Minas Nuevas; Tomas V. Valdez, |
the Ventisquero, 5000 hectares, silver,
On the Charco hacienda, near Chihua-
hua; by Caste Garcia and Enrique Sa-
las, the Rayo, gold, silver and lead,
near Allende; by Agustin Lara, Miguel
Rios Camille. Francisco Martinez and |
partners, the Ian Micario and Santa
Eulalia, both of gold and silver, near
by Leonardo Perez, the
Reyna de Cobre, gold and silver, near
Morris; by Tom Ewing, the Filipinas,
gold, silver and copper, near ALBANIA
and the Long Tom, OF the same ores,
near Covane; by Leonardo Perez
and Florentino Gonzalez, the Vale de
Cobre, silver, near Morris; by Jose L.
soils. the Santo Domingo, silver, near