El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-02-10

anide are now working day and night
in order to catch up with the ore out
put of the different mines.-Optic.
John M. Fritter has located a quarry
Of valuable onyx near Alhambra, about
fifteen miles from this city. 1t is q
beautiful stone cry suitable for fancy
table tops, also for inlaying and orna-
mental and decorative finishing for
the interior of fine buildings.-Silver
City Enterprise.
The continued rise in the price of
copper is causing arrangements to be
made to open up a number OF low grade
copper mines in this vicinity, and 1t Is
said on good authority that If the price
of copper remains at it's present figure
three mines at least will be in opera
ton within the next few weeks.-Bis-
bee Orb.
The Sta. Maria de la Psz Mining
Co., which has divided a dividend of
81, 500, 900 for the shareholders in the
past year, has under the initiative OF
St. Fedro Barrenechea, donated $500
to the v~enevolent institutions OF St.
Luis Potosi, $3.50 to the children's hos
pital, $3.50 to The genealogical insti-
tute and 1928 to the civil hospital
Monterey Globe.
The rapid rise in the price of copper
during the past lev weeks is not re-
markable when the strong statistical
position of the metal is considered,
John Stanton, statistician for the
American producers, k the view
that higher prices must come and that
still greater increase of production will
be necessary to meet growing demands.
He says: While the production of
copper ore for '9S shows considerable
increase over that Of '97, and is by far
the largest production ever made in
this country, the consumption has also
been very large, especially since the
close of hostilities with Spain. Stocks
in Europe, as we'll as in the United
States, at the close of the year, were
unusually low, there being practically
none in sight. AS a con-
sequence copper has been max
ing very rapid advances, and
1t has been rather hard to keep track
of it for the past two weeks or so. 1
should say that 16 cents is q fair price
for copper today, and hat represents
the highest figure reached in many
years. Consumption is so large that
it looks, too, as if a higher figure will
be obtained.-Exchange.
The strike in the Crowned King was
made in the 500 foot level of that mine,
in the deepest workings of it. The ore
on exhibition will weigh about three
pounds and is partially spRr, lead and
sulphurets, free gold predominating,
however. An authority says thai the
free gold carries at least 81 per cent
of the values of the sample.
The particular vein, and it's &C.
tual value indicates by assay at least
500, 900 to the ton. Nothing addition
al has been heard from the mine that
furnishes this magnificent ore, other
than that there was excitement pre-
vailing yet, and also that the chute
from whence it came, had not pinched.
Another somewhat remarkable fact in
encOuntering such ore at that depth is
this: AS a general rule in Yavapai
county mining at great depth the rich
ores are in a sulphide state usually,
the free ordinarily coming from the
surface workings. This theory, how
ever, shows aud proves again that gold
is wherever you find it, and even if
traditions of meteorological authorities
are contradicted occasionally the min
ing fraternity of a scholastic hue
should take their medicine gracefully,
and particularly SO in the Crowned
King instance.-Phoenix Republican.