El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-07-03
Mines and
Mining.

bethtown, New Mexico, has begun
OperatlOns.-EX.
Placido Lopez has denounced the
Fenix silver mine near Zacuslpan
state of Mexico.-Montsre Globe.
The work of pumping out the Han
over mine in New Mexico is progress
the mine will again be a producer
Elk.
Attorneys Anchetta and Neblett of
Silver City, New Mexico, have pur'
chased one-half interest in the Hob
sun mine, situated in the Hanover dis.
trict.-New Mexican.
given Carlos B. Bringas and Jesus G.
Trevino the right to work the coal
mines at Colombia on the Rio Grande
frot tier.-Mexican Herald.
1t is reported that the sale of the
Elkton mine at Cripple Creek was con-
cluded on the 10th for 1926, 900, to Lon
don capitalists. The mine has paid d
million dollars in dividends.-Ex.
Fermin Mendoza and Odilon Revi-
las last week denounced the Sangre de
Cristo gold mine near Peras, state OF
Oaxaca; and Gustavo Stein the Santa
Esther. of gold and silver, near Yage.
J. Schlosser, who owns the Hum
boldt mine in Grant Co., N. M. made a
discovery of hign-gra de Copper ore on
his property at Hanover almost on the
same line with the great iron ore
bodies worked by the Colorado Coal,
Iron and Fuel company in adjoining
mines.-New Mexican.
Last week in the stats of Sonora
there were very few new mining de-
nouucements filed in comparison with
the recent weeks. The new ones are
as follows: By Manuel G. Carrillo.
the Santa Rosalia, copper, near Altar;
and by IldefOnso Gil Lamadrid, the
Ventana, lead, near Alamos.-Monte-
rey Globe.
Stock in the Strstton-Independe
company, the par value OF which ia FL
per share, has advanced on.the London
market to 60 los per share. AS the
mine was sold for 81. 100, 900, its present
value, at the rate per share quoted, is
e., $50, 900 (say 81, 250,OO0.) MIR. STRAIT
ton once more showed his wisdom In
taking his pay for the mine in stock in
the company. He may be said to have
cleaned up $500, 900 in the transaction
during the last sixty days, to say roth
ing of the sale.-Ex.
Never before in the world has there
been such general and widespread &C
tivity in mining in all parts of the
world, and for all the important min
erals. This activity ia more concen-
trated and intense in the United
States than elsewhere, but it is spread
ing in every region. Australia, Africa.
China, the Islands of the Pacific. Eu-
rope, South America, British North
America, Mexico, are all in the rush.
81 81 n TNnff a6 tot
It ia an age of mining.-New York
Financial News.
A colony O: Pasadena miners are
putting up stamp mill At their claims
in Chaparral, Ariz. M. @. Parmelee
of that city is president of the COM
pany, which is called the Dividend
mines, and ]. G. Ross is vice-president.
Half dozen other Pasadenans are in
terested. They have been at work
about eight months, and have 300 or
400 tons of ore ready for the mill,
WHICH they expect to start July /.
Their claims are located about twenty
miles east of Prescott, near the Little
Angeles Times.
An easter, paper states that the Mo-
renci Copper Company, Arizona, has
been listed on the New York Industri-
al Exchange. This company has, it is
the Gold Cliff Mining and Reduction
Company, at Morenci, Ariz The Mo-
renci Copper Company's preferred cap
ital stock 1.-THE only capitalization men,
toned in the prospectus) is 10000
shares of 81 so each, full paid and
worcestershire. The officers are iden-
titled with the stock brokerage bust
ness. The opening quotation of Mo-
renci stock on the exchange was ST.
Ia Oh tpin
view.
The Director of the Mint, Washing
ton, has just made public his final es-
innate of the production of gold and
silver in the United States for the year
1898 The total are: Gold, s64 ,463,-
BOO: silver, S54 43S 600; total of both,
s118, 9O1. 900. The figures for 1897 were:
Gold, S57, 333, 900; silver, $50, $50, 600;
total for both, Sill 100000. The in
crease of 1898 over 1897 Is 81, los, 900.
It will be observed that this increase
% nearly all in gold, the increase in
silver being only $685., 900. But for all
hat the production of silveris very
one, circumstances consi-
luction in 1887, when it was, in value,
S53, $50, 900, the average bullion value
If a silver dollar in that year having
been 5. distributing Review.
The following mining denounce-
nents were made last week in the state
Of Durango: By Genaro Wales, Cruz |
Fernandez, Refugio Gandara and |
Francisco A. Villasenor the Espe-
-auza, silver and gold near Panuco: by
5he same parties, the Margarita, also
Of gold and silver, near the same place; !
by the Compania Miners, Fundidora y
Anadora de Monterey, the Proveedors,
iron, near Durango; by Alberto Boil |
var, the Pescaditos, silver, near hide
by Ignacio Fernandez, y linus and |
Gregorio Hernandez, the Guadalupa-a: |!
the old Ventsrron, silver and gold |
mine, near San Dimas; by Juan Fran |
cisco Rivera, the Anexas de Fin del |
Siplo, gold, silver and copper, near