El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-05-30
Mines and
Mining.

Several rich pockets have been dis,
covered in the Cuervo silver mine in
the state of Hidalgo.-Ex.
Angel Murillo denounced last week
the Balandra, silver mine near San
tlago Papasquiaro, state of Durango
Elk.
Luis Potosi, has denounced q valuable
silver mine near the Colorado arroyo
near lula, Tamaulipss.-Ex.
Recently 25O tons of copper were re-
ceived at Guaymas from the Boleo
mines and shipped to the United States
over the Sonora r. R.-MOnterey
Globe.
It is estimated that the May ship
ment to Ell Paso of ore from different
Arizona mines will be Is per cent great
err than it has been during April.-COp-
per Era.
Last reports received announce that
the Independence mine. recently sold
in London, has been capitalized at Ell
600. 900 (sbout IS, 0O0, 0OO) and not $40,
600, 900, as originally announced.-Ex.
The placer fields along the Colorado
River, Arizona, are attracting great
deal of attention and gold-bearing
gravel beds have recently been located
for q distance of 200 miles above
Needles.-Yuma Sun.
The Nogaler Oasis says: Mr.. J. b.
Sherman has closed q deal with an
English company for the sale of five
| groups of mines, scattered through the
Arizpe, Magdalena, and Altar districts
of Sonora, and his two stores at Mag
dalena and Santa Ans.-Mexican Her.
aid.
The JournalMiner, of Prescott,
Arizona, suggests an Arizona Copper
| Trust. We are sadly afraid it would
be hard to keep Montana copper
| the same traces unless w. A. Clark,
who is largely interested in both, was
on the box seat.-EX.
The following new mines were de-
nounced last week in the state of Hi
dslgo; by Srs. Rafaela Hernandez, the
San Juan de Dios Chslmita, silver near
Mineral del Monte: by Severe Espino
and Trinidad Psniagua, the San Buena-
ventura, lead and silver, near Pachuca;
| and by Emilio Zamora, the Guadalupe
de las Huertss, silver, near Mineral del
Chico.-Mexicsn Herald.
The new metal cooper steel" Is at
tracing some attention, as it possesses
high resistance and can be forged like
ture zinc or zinc alloy is employed
for retaining certain proportion of
iron, nickel or chromium in the form
of oxide. and reducing and incorporat-
ing it in q state of fine division in the
presence of furnace gases.-Ex.
The Bonanza mine of the Common
wealth company at Pearce, Arizona, is
to have great improvements in it's ma
chinery equipment. Thirty stamps
are to be added to the mill, as we'll as
| larger engine, and the main shaft will
The ore body at the bottom of the shaft
has been found to be both larger and
richer than it is above.-Tom bstone
Prospector.
Last week the following minas were
denounced in the state of Durango; by
John 81. Campbell, the Nina Grande,
of gold and silver, near Coneto; ty Mi
guel Vidana, the San Miguel, of cop
per and silver, near San Luis de Cor
dero; by William w. Graham, the
Cinco de Mayo and the Porvenir, of
gold and silver. near Papsnton, and
the San Jorge, of lead, gold and silver,
near Experimentation Globe.
Arizona has today in operation seven
distinct copper camps, each being the
center of well-known and extensive
deposit of the metal, widely separated
by distance, yet closely related In sue
cessful productivity. In addition,
there are as many more camps rapidly |
being developed, which will uudoubted- |
ly take rank perhaps before the sum-
mer is over, as producers, and will |
materially swell the output of the Ter |
ritory.-Holbrook Argus.
Copper holds at 10 cents right stead
lily, Notwithstanding the somewhat
bearish reports that are given out
from time to time that price is merely
speculative and cannot last. The fact
is. the enormous increase in the use of
copper IL a fact that cannot be gotten
over, and fact that will keep copper
where it is till the opening of new
mines and operations of new smelters
overtake the demand with additional
supplies: it is likely to be some years
yet before copper will be materially
in price.-Jerome Reporter.
In a report just issued in London it
Is shown that the hand Mines, Limited.
made profit during 1898 of s545, 1872
les. I'd. (about So, 725, O0O), an increase
eft $3.50, 900 over that of 1897. AS the
,s pltal OF this company is only s4O0, 900
So, OOO, OOO)' it made profit last year of
more than it's total capital. The ore of
these mines is low grade, and there are
just as good properties as the Rand
here in Southern California. but we
seem to lack the men who have the
nerve to prove it.-Los Angeles MINI
ing Review. =
The famous Turquoise mine at Ger
rillos, about thirty miles south Sf San
Ia Fe, is now the property otthe Tiff
fanys, the New York jewelers., who are
Working 1t on scientific methods, and
Jewels as it ever yielded before. There
are about sixty Turquoise mines in the