El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-08-16
} Mines and
} Mining.

Copper was first discovered on Lake
Superior in 1874, but no metal
was shipped until the following year,
Elk.
It is reported that there is less than
forty feet of water remaining In La
Prieta mine, in Mexico.-Chihuahu
Enterprise.
1t is rumored that the rich Cananea
mine near Arispe In the state of So
nora has been sold for 81 500, OOO.-
Mexican Herald.
The value of the shipments of cop
per, bullion from the Azurite mines, in
Arizona, to New York since last March
amounts to about SAC, OOO.-Ex.
The Graham Guardian reports that the
Lone Star mine has been sold by An
derson & Lindsey to Mrs. Clara Qualey
of Boston, Mass., for SIG ,O0O.-Ex.
Recently near Castsna, Coahuils, on
the line of the international r. r. q
brakeman, Chas. Thompson, discovered
q value vein of free milling gold ore.
The Humboldt New sulphur mines
run 10 per cent sulphur. The product
in San Francisco is worth S2I per ton.
About 1000 tons are annually shipped
Elk.
The Cochise County Supervisor, Ari-
IONA, sitting as q Board of Equaliza-
ton, has raised the assessment of the
Copper Queen company SI08, 900. The
company, 1t is said, will protest against
the raise.-Ex.
The Denver Smelling and Mining
company has been incorporated at Dem
yer. It is said that the company will
build smelter in that city to compete
with the trust. The capital stock is
81 900, 000.-Ex.
A report from London shows that the
profits of the Stratton Independe
mine, in Colorado, for the eleven weeks
since the property was purchased by
the English company amount to sS8,-
o49, or about S144O, 000.-Ex.
Last week the following new mines
we're denounced in the state of Hid algo:
by Eleazar Perea, the Escoba, silver
and lead, near Zimapan; and by Severe
Espero, the Esperanzas, silver aud
lead near Observation-Disclosures Herald.
The last of the machinery for the
Black Warrior plant, Globe district,
the two teaching barrels, arrived re-
gently. Four Thousand dollars worth
OF copper was used in their construc-
ton and their total cost equals the
price OF a sfxty-ton smelter. Globe
Silver Belt.
The Peters tunnel group and mill
site, about three and one-half miles up
Chicago Creek, has been bonded and
leased to company of Chicago capital
lists, who have incorporated under the
name of the Chicago and Colorado
Gold Mining company, with a capital
stock of 81, 500, O0O.-Ex.
A City of Mexico report is that the
Popocateptl volcano has been sold for
$500, 900 In gold to General Gaspar
Sanchez, who for some time owned and
operated the sulphur deposits in the
crater OF the volcano. A cogwheel
railroad will be built to the summit
extensive scale.-Ex.
A surface strike is reported from
the PiersOn lease on the Colorado City
Cripple Creek, in the saddle between
Bull and Battle mountain. A strong
lead carrying several inches of tale
running better than two ounces to the
ton: The balance of the mineral is
mill drift, of which several tons are
now ready for the market.-Denver
Mining Record.
The'Cuchilla gold mine near Altar,
Sonora, has been bought by Califor-
MIA parties for $50, 600. Another deal
at the same place was the sale of a fine
gold proposition by Sr. j. J. POmpa
for 81 900. The Calera, also of gold,
near Magdalena, is in treaty of $50, 900
and New York syndicate is reported
to have bought the Copits copper mine
for So, OO0, OOO.-Mexican Herald.
In an article about the sale of the
Cobre Grande mine, in Sonora, Mex,
the Arizona Republican states that the
purchase price of it controlling inter-
est) Is conservatively estimated at$35O,-
600, which places the shares slightly
above their par value. The principal
side Mr.. Mitchell are Prof. George
Treadwell, I'D. bort and VIC. Greene.
Elk.
The Santa Barbara mineral district
is one of the oldest in chihuahua, hav-
Ing been discovered in 1547 by Juan de
Velazquez and his Spanish companions
who opened up the first vein of gold
The Vasquena. Santa Clara, Cinco
Toros and other old mines were of gold
many of which are still worked, and
later were discovered a valuable group
OF silver and lead properties.-Ente
prise.
A prominent engineer who has re-
Gently returned from western Chihua-
hua, speaks in glowing terms of tb e
coast country. especially the region
about Topolotampo. He says the
streams, which are numerous, have in
exhaustible wealth of gold, and as for
the riches already extracted from the
rivers they are Insignificant compared
with those Still contained under the
earth. -Enterpr1se.
The new cyanide plant now being
put in at Mammoth will be large at