Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1900-02-17
A VAST ENTERPRISE.
The cOehiu Tunnel compsny Means Much
10 A~ibuQuerdue.

The Coehiu Tunnel Compsny Means muef
TO Albuquerque.
An organization was completed 1t thu
Office OF the New Mexico Mining Kx,
change on Thursday which has for lie oh.
ject an undertaking OF grester msgni.
tude than almost any other corporation
In the territoiy--the running OF Q tunnel
into the very heart Of the Cochiti mining
district Corporation papers were filed
with Secretary Wallace ct Santa Fe on
February z, and at the meeting on Thurs
day the following officers were elected
President, Thomas ]. Ourrsn; vice presi.
dent and treasurer, Joseph q. Bsldridge;
secretary, George ". Stubbs; general
manager and superintendent, Willis m
jerks; attorneys, Harvey b. Ferguson
and Samuel b. Gillett, The arst ave gen.
tlemen named are alec directors. The
capitalization OF the company Is 81. 00O,-
600, divided into 100000 shares at q par
value VI $l0 each. The directors have
donated 1880 shares 10 the treasury
which will be preferred.
The tunnel proposition has advantages
over almost all undertakings OF q like
nature. inssmuch as II penetrates the
mountain on the great mother vein Of
the district, the hanging wall Of which
IL will follow Its entire length, whereas
with bat few exceptions tunnels In other
sections OF the west have been run TO
crosscut the veins and seek ore which
might exist In the heart Of q mountain.
Resides the ground owned BY the com
pany, which they will open and work
through this tunnel, the depth Of 10
would gain Ut q point under the famous
Washington mine-About 1900 feet
would mean much not only 10 the own
ers OF tue properly, but TO all mines 10.
Gated on the high ground OF the camp,
all OF which would have the advantage
Of handling their ore easily and chesply
through tho tunnel a. compared TO q
hoist Of 1900 70 1000 feet. Practically,
every mine In the immediate neighbor.
hood Of Bland could-and eventually
w~ould-be worked through this tunnel,
especially In their deep workings. Tun.
nels have proved themselves highly prot.
table In many portions OF Colorado,
Montana, Utah and other mining states,
and one driven into the heart Of the Co
chiti, where the ore bodies are almost
measureless and the values good, would
be one Of the best advertisements for her
mineral resources that can be conceived
OF.
The officers OF the company are all
we'll. known residents OF Albuquerque,
and their integrity cannot be cues.
lioned.
The president, Thos. ]. Curran, has
made bis home In New Mexico since
1890, having resided In Santa re until
1898, when he took up his residence In
Albuquerque. In August Of last year he
and Mr.. Stubbs associated themselves to.
xether In Q mining bureau of informa-
ton and brokerage business, In connec
ton with which they are publishing q
mining journal, the Record" There
are few men In the west with a larger
acquaintance land circle OF friends) than
Mr.. Curran, and as head Of the Tunnel
company. his energy and hustling quail
ties will bear fruit.
Joseph G. Baldridge, the Vice PRECEDENT
and treasurer. Is one OF Albuquerque's
keystones. ex-mayor Of the city ard one
II her successful bu 'iness men. having |
been Q lumber merchant here for many
years; q man whose judgment In business
matters can never be questioned and who |
would not lend himself to anything not
legitimate Mr.. Baldridge Is also q di
rector In the Bank OF Commerce.
The secretary, George W. Stubs, frat
East his fortunes beneath q sunny skies
In 1894, coming here from Colorado. |
Ever since his arrival he has been fsmil.
iarizlng himself with the mineral POSI- |
bllitles OF the territory and each succeed
ing day has increased his faith In her
glorious future.
W. jerks. general manager and super.
intendent, Il and hes been for many
years, q member Of the A. /. n. K, and
acted a. superintendent for more than
twenty years, who has made his home In
Albuquerque since 1891, but came to
New Mexico In 1886 rs superintendent
for the New Mexico Il Illinois Mining &
Milling Co., forwards merged into the
San Miguel Copper Co., In which caps
city he remained until 1889. when he
took q lease upon the mine and smelling
works. From 1892 he spent consider
able time milling gold ores In Hillsboro,
sierra county, New Mexico. and San
Bernardino county. California. until 1895,
when he took charge Of the Washington
mine at Bland, N. NJ, ~ superintendent,
since which time he has associated him
self closely with the Cochiti district,
making q study Of its mineral veins and
deposits, upon which he has written sew.
eral papers showing his familiarity with
the district geoloRicslly and economi.
cally. He has In his professional capa-
city at several times visited and been
employed In other districts and countiee,
thus gaining much general knowledge.
Hon. Harvey B. Ferguson. attorney
for the company. and n Of Its directors,
needs no introduction to the people, as
bis reputation Is national. Mr.. Fergus.
son Is an 81 -delegste to congress. and Is
recognized as n Of the brightest legal
lights In the country, being associated
with 8. B. Gillett, and having q law
that requires all his attention.
He Is n OF the owners Of the historic
Old Abe mine at White Oaks, one OF the
deepest dry mines In the world.
IL Is the Intention Of the company TO
begin sctiye work just as soon rs prelim.
mary arrangements can be perfected.
Three shifts a day will be put to work at
drst with hand machine drills, with
which five feet Ia expected to be made.
q depth Of 800 or 400 feet Is reached
power will be put In, and thereafter ten
feet Ia estimated as the daily advance to
be made.
Every indication. from tests made on
the ore from the compsny's property, is
that before $4,000 will have been OK.
the product from the tunnel will
put II on q self supporting basis, ~ the
main vein TO be worked will probably
average htty feet 10 width, besides mum
erons spurs, one Of which Ia not only
wild but exceedingly rich. The tunnel
enters the mountain Of a point on the
Albemarle road In Cola canyon, and az
everything taken from II will be ore the
company expects TO put In q mill for its
treatment In a very short time.
As the gentlemen are all residents OF
Albuquerque and their prosperity will
add to the prosperity OF the city, The
CITIZEN unhesitatlngly tender "a them lis
sincere WISHES f0S ~GnboGnted success.