El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-07-12

Mines and
} Mining.

u Mining. 1
Valuable mineral must actually bt
found on land before its mineral char
acter will be recognized by the land de
partment.
A lien may be taken by workmen or
a mine not located on an agriculture
patent or on Spanish or Mexican
grant.-Ex.
An official survey of a mining CLAIM
must be made in accordance with tht
location notice upon which the surve!
is ordered.-Ex.
Cyanide operators should be careful
to secure the best and highest grade
of potassium cyanide, as it is cheaper
than lower grades which sell at lesser
price.-EX.
jose Cuevss Moran and Julian Sic.
IRA y OntiverOs, have denounced the
Guerrero Buenavista silver mine nea,
San Bartolo in the state of Hidalgo.-
Mexican Herald.
Amalgamated Copper stock is again
on the rise, being quoted on the Boston
market at "a! bid, 96 asked. 1t looks
as though 1t were again headed in the
|
The paid-up capital of the American
Smelling Co. Is &54, 795, 900. OF this
S47 900. 600 represents money paid for
the several properties in the combine
and 81, 7O5 900 cash paid in.-Denver
Mining Record.
A Cripple Creek dispatch announces
another great strike in that district OF
Colorado. 1t was made in the Princess
| inc nd = h.
says, "runs all the way from $40, 900 to
$40, 900 per ton. "-Mining Review.
Stock in the Boleo Copper company,
whose properties are situated at Santa
ROsalia, Lower California, Mex, near.
ly opposite Guaymas, is now quoted on
the Paris market as high as 275O francs
| q share. The par value of the shares
is only 500 francs.-Ex.
The next session of the international
Mining Congress (Which met at Salt
Lake City, Utah, last JULY is billed for
Milwaukee, Wis, August 19th-20th,
| '99, but it is not thought that the num-
Der of attending delegates will tax the
capacity of the hall.-Ex.
The right to purchase mineral lands
is restricted to citizens of the United
States or those who have declared
their intentions to become such. A
citizen of the United States cannot
make a mineral location for the benefit
of an alien corporstion.-Ex.
The law requires that mining claims
| shall be staked so that it's boundaries
can be readily traced On the surface
A placer claim located in such man
| ner as to conform to the subdivisions of
government survey for precautionary
reasons should be staked.-Ex.
From private source it is learned,
says the Denver Mining Record, tina
| the Anaconda company of Montana, Is
preparing to bore with diamond drill
to the depth of 5000 feet from the 1900
foot level. to ascertain If another body
of ore underlies the present workings
The ore deposits of Leadville, Colo,
are presumed to have been formed at a
depth of 10000 feet, the present posi-.
brought about by erosion largely
through the agency of glaciers, rem
nants of which still remain. The town
of Leadville is largely built on glacial
lake belt'-Denver 'tining Record.
Where cyanide plants are operated
in cold climates difficulty is expert
enced with the freezing of solutions in
pipes, watts, etc., exhaust steam If ap-
piled will remedy the difficulty. If
steam is not used for power small
boiler light be installed for the use of
making steam for this purpose, and
would in most cases prove paying in
vestment.-EX.
As foreshadowed earlier in the year,
the DAILY associated holdings in the
Anaconda. Montana interests have
been sold TO the Standard Oil syndicate
for s23, 900, 900. DAILY gets s6, 900. 900,
Haopin e. TraviS IF San Francisco
81, 900, 900. A LoEdon concern owns
a part of the stock, from which they
paid $1,000, 900 in '97. Daily is cred
tied with intention to make his future
residence in Colorado.-Silver City In
dependent.
The following mines were denounced
by Andres Lopez, the Florida, silver,
near Ayutla; by Felix M. Fragoso and
Leon Ramos, the Primavera, the old
Trinidad gold and silver mine, near
Mascota: by Martin Poe, the Anexas
de Buenavista, silver near Ejutls, and
the Maria del Ocotillo, copper, near
Ahuacapan; and by George w. Davis,
the San Jorge, of silver, and the Des-
Gu bridora, the old San Rafael and Pa
DIRE silver mines, all near Ayutla.-
Mexicon Herald.
The official report of the De Beers
Consolfda ted Mines, Limited, (dia-
monds) of South Africa, for the year
ended June 80, 1898, has just been
made public. The re port shows that
the quantity OF diamonds obtained
during the year covered by the report
was 1872, 6O6 carats. the average price
realized being S6.36 a carat. The total
receipts from diamonds sold were
e3, 647 ,S75 with net earnings of e1,-