Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1899-09-04
BIG ENTERPRISES.
The CerflllOs Smslter Sold on FRIDAY to
A. W. Tenant and Others.
ANOTHER MILL FOR cocHITf.


A. ". Tenant. OF this city. who is
rapidly earning tho title OF Mining
King OF New Mexico" is a man Of sur.
prises, says the New Mexican. When.
ever he makes a trip TO New York or
Chicago there is sure to be some deal in
the wind which results In bringing
thousands or millions OF dollars into
New Mexico. II Is not 50 long ago that
he bought for himself and others the
Bragsw-Potter mines at Hanover, Grant
county, which are now a vsritable bon.
ANA, that MI. Tenant says be would
not trade even for the Santa Rita group,
for which the standard Oil people this
year paid t~l,2DO,OOO. 1t was the ac.
QUESTION Of the Btagaw-P Potter mines
that led to the latest deal OF Mr.. Tenant.
the purchase of the shelter at Cerrillos.
The Bragsw- Potter mines at present
ship 200 tons OF ore every day, on every
ton Of which there Ia a handsome profit.
not only on the copper IL contains. but
also on the iron. The idea occurred 10
Mr.. Tennant to make some of the smelter
profits himself, and also TO do something
for his adopted county OF Santa Fe. The
smelter at Cerrillos IL new; that is. for
certain we'll. known reasons, has never
been used. Some weeks ago 1t wa u
chased at public sale by IA. G. Wisner, OF
Detroit. on Friday Mr.. Tenant bought
the plant for himself and his associates.
liz location in a coal district IL excellent.
The smelter st present has one stack OF
sixty tons capacity n day. but the ma
chinery, power. etc, IL arranged for two
stacks. and Mir. Tenant will at once
double the smelter's capacity TO 100 tons
a day. Mr.. Tenant will have the smell.
ter started within fifteen days running
on ore from his Hanover mine. This
will give employment TO quite a number
OF men, adding greatly to the prosperity
Of Cerrlllos.
Another deal which Mr.. Tenant ne.
gotiated on his trip east, from which he
has returned, was ths sale OF II. r, Cart.
wright's option OF the Crown Point mines
at Bland for $4,000. But the business
does not end with that. The purchasers.
ex-senator Warner Miller and ". h
Speir, two we'll known %millionaireJ of
New York City. have authorized Mr.. Ten
nant to place a ltty or 100 ton mill at
the Crown Point mines, and he IL now
negotiating with n Chicago firm to build
the mill, which will probably b, com
plstsd In tina fall.
Mr.. Tenant snid the Crown PJintdeal
was the quickest he ever made. He met
Mr.. speir in Chicago. told him OF the
Crown Point property. spoke with him
an hour or 10, and Mr.. Speir at once took
the next train for New York 10 toll ex.
Senator Miller Of the chance. Mr. Ten.
nant followed the next day. the papers
we're signed, aud the deal was closed that
Will quadruple the value of mining
property AZ Bland within the next few
months,
Mr.. Tenant also interested Ex-senator
Miller and MIR. Spier In another project
that will be OF great yalus to this city II
she proves to he alive to opportunities.
This contemplated enterprise IL nothing
less than the building OF q 1000 ton Gus.
tom mill on the Rio Grands to treat the
ore from the Cochiti district An expert
engineer will arrive here within a few
days to look over the ground and to make
an elaborate report on the feasibility OF
the project. A large electric power sta.
ton il 10 bs built at the same time TO
furnish power to the Hland mines. aa well
as to anybody else within q radius OF
thirty-tiye miles who may desire 1t. Such
a plant, Mr, Tenant ssys. could furnish
power TO An electric railway from Bland
TO santa ne. rs we'll ~ an extension OF
such a railway TO San Pedro and Ger
rillos.
When these improvements are made,
and it IL very likely that most Of them
will be- within the next twelve months.
Santa Fe will be in an envisble position,
that is If the people OF this city are
wide awake to their opportunities. The
city IL known the world over as climatic
resort. 1t IL the center OF q mining dis.
trict, bounded on the west by Bland.
which IL growing in Importance with
giant strides; with the coal fields Of Mad
rid at the very door almost with Cerrillos
and its active smalter in easy reach, and
the San Pedro. Golden and Ortiz copper
and gold mines near by being rapidly
developed.
II IL ths seat OF the territorial govern.
ment, with all the business advantages
resulting and the center OF federal nc
tivity in New Mexico There ara excel.
lent railway facilities by two lines,
a rich valley to grow pro luce for a large
population, mountain seotlono near by
al mineraliAAd, and other advantages.
Only inexplicable lethargy or stupidity
can pre'antSsIta Fe from not only being
the capital, but also the metropolis OF
the southwest.
DsuuIy L. nInpI nsan