Arizona republican., 1899-07-11
WHERE CAPITAL COMES FROM.
A N&mber Of Eastern States Contri-
 bute to Our Mining Interests.


 G. W. Pittock's last mining letter in
 1G,e Los Angeles Mining Review con tasas the following Of interest to Ari- @Ona:
 In a conversation with a well-in- formed mining operator gleaned some interesting information touching upon
 the financial interest manifested with respect to Arizoa mining propositions. eipd 1 gathered itherefrom that St
 Louis capital is large.y in evidence more so than is credited. Kansas City capitalists have directed some atten- ton to investments, 0hile New York and Boston syndicates, where capital is represented in large yCiume, have &iven considerable study to the sub ject and invested largely. While theEe is some Detroit capital contributed, Connecticut towns are represented in this territory, and so it is with certain New York state cities. Denver and Chicago capital Is not as largely repre- sented as our people are led to suppose and Colorado is tco deeply interested m gold and silver mining to give much attention to the southwest. CalifOr- hfanS have been attracted somewhat to Arizona through the medium of the Mining Review, while it is apparent that machinery to large extent finds it's way out of California into this ter Fttory. The southern section is wholly supplied with lumber through the Los Angeles market, the northern mining districts securing their supplies from Williams and Flagstaff, Ariz-, on ac- count Of the advantages of transporta- tien and prices.
 vi ident of the Consolidated National bank of Tucson and president of the Vulture (Mariccpa) Gold Mining and Milling company, your correspondent secured some very interesting notes on cyaniding. He said that he had pur- chased the plant of Malcolm McLeish at Smiths mill, on the HasSayampa, several miles south or Wickenberg. McLeish had worked out with 2 50-ton plant 15,000 tens of tailing5 told Vul- tUre mill product) and cleaned up S1S,O0O during 1S97-5- Inese taihngs are dry and MT. Davis expects in work ing them over to get g or more a ton nut of them. The 30O00 tons Of the first tailings made at the original Vul- ture mill above WickenDerg were se- cured by Bashford and Burmeister Of Prescott, and the 50-tCn cyanide plant was operated by the Helm boys for the parties mentioned The tailirgs lay in the bed of the Hassayampa, and fields of corn were raised in them. The tailings were consequently lumpy and did not pan out well under first treat ment- Under the second run the tail ings were subjected to thorough reduc- 1 ton by a method, and segregation was more effectual. In MT. Davis opin- | iCn the results will show greater (at l Wickenberg) per ton than they did on ! the first run in 1897 and 1898. Malcolm | McLeish has 1O0-ton plant in opera ] ton at the Mammoth, in the Supersti- | tion mountains, east of Phoenix, and | IS meeting with fair success. FrCm l other sources I gather that the tail ings from the Mammoth mill on the | San Pedro are being transferred over the bank. being treated by the St. Louis Gold Recovery company (240- \ ton planD and will be treated by H. w. Blaisdall of Yuma. the contract | made by that gentleman being at a i better advantage to the Mammcth-Ccl- lins Mining and Milling company than the first one made. The other exten- sive cyaniding plants are at Congress, |; in the Chaparral district, and La For tuna, the latter near Yuma The King of Arizona is to have a 100-tcn plant