Arizona republican., 1899-04-12

deals in the mining annals of Eava-
PAL county, was consummated Mon
day, April Bird, by the organization OF
The Cooperative Investment De-
veloping, Gold & Silver Mining com
pany of Arizona. The parties to the
transaction are Senator A. ID. lrauA
and Mr.. F. M. Thomas of Minnesota,
and Messrs. T. ]. BOltz and Geolsc
Wicker of this city.
Senator Traux us business man OF
extensive and varied experience; ana
his business associate, Mr.. ThomaS,
Dossesses keen business tact coupled
with much ability. These two gentle-
men have been very closely allied III
business affairs for more than hVe
wears past in the matter Of railway
construction and in government coz
tracts. AS to MeSsrs. Boltz and VICE
Ter. these two gentlemen are 50 wei,
and favorably known here they heeu
no specaal introduction to the people
of this county.
The above named corporation is or
e,.nl'zed unon what may appear TO
many as new and untried lines, sucA'
however. is not the case, as the GU
oDerative syst en-, properly condCcteu'
has nroven itself to be a most-and we
might say the only-successtu nlelnOo
Of conducting any large and compA-
Gated business. The company Is d
ioint stock cooperative concern, anu
is perhaps one of the pest Known
methods of conducting business on d
large scale. TIES company nas
cr1ired A well known group OF mining
nroperties situated in this county, ana
within fourteen miles of Prescott
Their mines have all been thoroughly
and extensively prospected, in tact,
they are sufficiently developed TO snow
IN large ore bodies, which have Deen
assaved. milled, smelted and sampled
and TO such an extent that there -
really no uncertainty as to their VALUES
and bullion producing capacity hnoW-
ing whereof we speak, 1T is our canuIu
opinion, and time and deVeloplIe?nts
win verify our prediction, that with
cod business management, these
mines can easily be developed INTO
lmulti-nilEonaire propositions Inc
pick and Drill is always against any
and all wildcat schemes OF whats0
oITor nat11re-and the woods are choch
full of 'em-gotten UP with the sole
purpose of fleeing the general puoHe
But we take great pleasure IN giving
publicity to mines possessing genuine
merit, and have coed word Tor an
persons honestly engaged IN the ousl-
ness of legitimate mining.-Plck apd
Drill.
RETURNED FROM SOUTH AFRICA.
Ed Bent. a former Yavapai miner.
has returned from South Africa. lie
speaks of Bob Kennedy, says the latter
is working at his trade for SIS a day
Kennedy for years was head carpenter
in Parker's planning mill at Prescott.
In speaking of the magnitude OF min
ing operations in the Johannesburg
district he spoke of an English com
pany which is now engaged in sinking
a shaft to the depth of $500 feet 1t IS
an S-compartment shaft, 20 feet vide
and is being timbered with oregon
pine. The company expects to sink
the shaft to this depth before striking
ore. Mr.. Bent is here in the interest
of an English mining company, ana
left Saturday evening 30 look at
the Amazon mining group, belonging
TO the estate of the late Robert Groom.
He says there is plenlty of talk ABOUT
Arizona in Europe and Africa Ben
Belcher worked with Mr.. Bent on the
old Tip Top mine-Prescott Courier
THE GRAND CANYON PROPERTY.
The mining deal between a New
York syndicate and number of Flag
staff parties has terminated to the sat
isfaction of both parties.
The deal covers a large number of
mining claims in the Grand Canyon
and on the Plateau, and are owned by
some twenty different persons. They
have become known locally as the
Cameron, Mcclure, Gale claims" and
the deal was accomplished largely
through the efforts of Ralph H. Cam
eron. The intention of the syndicate
is to develop the properties and Tues |
day thirty men left here to work in the
mines, and as many more will be put
at work in few weeks.
The development of these mines
means much to Coconino county, and
especially to Flagstaff, as this will be
the headquarters for supplies for the
new camp as we'll as the shipping point
for the ores.
There is plenty of money behind the
syndicate, and should the properties
develop, as there is every reason to
think they will, there will be pros
porous mining camp on the Grand Can
yon plateau at this time next year
Coconino Sun.
MINING NOTES.
George Rohpeter came in yesterday
from his Lone Pine mine with a
wagonload of ore. He now has co.
COO pounds of this ore for shipment.
He has shipped two carloads of a.
600 pounds each of this ore recently.
The first carload yielded S631 and the
second 1902, this, clear of freight and
working of the ore. This ore was all
Eaken out in development work. SO
far, he has taken 80 tons Of such ore
from the 4S-foot winze. The ore
carries * per cent copper one-half
ounce gold and eight ounces silver
per ton. The ore vein ranges from
IS inches to feet n width The
Lone Pine is located % miles from
PrescOtt.-Courier.
This morning several teams LEFT Tue
son bearing the preliminary equip
ment for prospecting claims. They