Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1900-06-07
SOME MINING DEALS
A. R. Gibson Says Eastern Investors are In
terested In New Mexico Mines
Other Mining Notes.
COPPER PROSPECTS NEAR GLORIETA

ments touching New Mexico's mining
industry. One capitalist said he de-
cIined to put cent into New Mexico
enterprises as long as the support Of the
public school system was In part derived
from high license on the sale
of intoxicants, but beyond this fimsy
pretext few complaints were heard, and
Mr. Gibson's opinion is that the good
name of the territory is growing among
people Ing the east whose cooperation
and capital are necessary to the develop
ment of New Mexico's eXhaustless min
eral deposits. "While on this trip" he
said, II wished time and again for
trunk full OF literature dealing with the
territory's Ind ustrial attractions that
might distribute it among people who
are eager to be informed. AS it was,
succeeded in interesting considerable
number of well-tO-dO men, who will be
out here this summer to look over the
ground for themselves. 1 know of at
least 80 business men who are coming to
Santa Fe with view to making invest
ments in the neighboring mining camps,
should the statements l have made to
them be verified upon personal examina-
ton, and believe they will be-
SANTA FE MOUNTAINS.
R. A. Bradley is in town from Glo-
rieta with some specimens of fine look
| ing copper ore which he will have tested
by assay. He came to New Mexico as
health seeker many years ago and has
done an immense work on the gold cop
per veins lying about midway between
fNlnriota and Mnpumonf Pnak Soma
four miles from the latter he has re-
Gently sunk a,forty-foot shaft on vein,
the ore from which has yielded as high
as 80 per cent copper Mr.. Bradley Is
firmly convinced that the day is not far
distant when lively camp will spring
into existence In the midst of the copper
lodges in the Santa Fe mountains.
A HISTORIC CLAIM.
w. W. Crespin, of Kansas City, for
merly connected with the Frazer &
Chalmers iron works, Chicago, has leas-
ed the Katydid copper-silver mine at
Hamilton, on the upper Pecos, and is
taking out car load of ore to be ship
ped to Detroit, Mich, for treatment by
some new method of handling refrac-
tory ores. The mine is owned by Ed
| win Cowles, son of the we'll known Cow
| les family of Cleveland, Ohio, and it is a
fact not generally known that this mine
served to bring the Cowles boys both
| fame and fortune. Fifteen years ago
they were in Santa Fe as health seekers,
purchased the Katydid claim and ship
ped several carloads of ore to the Brush
Electric works at Cleveland trying to
find the best method of treatment. In
this ore they discovered that peculiar
clay from which aluminium is produced
and afterward found similar deposits
near Lockport, New York, where their
great aluminium factory was built. SO
that this Katydid mine is really respon-
sible today for having given the world
| cheap aluminium.
MINE NOTES.
| The Belcher mine, near the Cash
Entry, worked under lease and bond by
Mr.. Newbery, Is soon to ship carload
OF ore for test run as to its values.
! A. A. Newbery and the New York
expert, Cary Wright, who now makes
Santa fe his headquarters, left today
for two weeks trip through the min
ing camps of southern New Mexico.
P. J. Nichols, years ago well known
mining man here, arrived from Bland
yesterday and is QUILTING to 60 north
into the Santa Fe range in search of a
big deposit of woIframite, which he dis
covered year or SO ago.
1t is said q controlling interest inthe In
dustrlal Placer company's property near
Golden has been sold to Boston syndi.
cate headed by George Savage. The COM
pany owns 1000 acres of cement and
gravel deposits in the Tuerto valley al
legged to carry So to 81 in gold per cubic
yard. w. u. Swart, of Denver, u
nephew of DIR. w. s. Harroun, is to be
manager OF the company. He Is an ac-
complished metallurgist.
GRANT COUNTY.
| The first shipment from the San Jose
concentrator at Gold Gulch was made
last week.
M. c. Weaver is taking out some high
grade lead and silver ore from the Con-
tention mine at Tres Hermanos.
Thompson & Sublett, operating the
Sampson, an extension of the st. Louis
at Burros, are sinking on what was
originally an airshaft. A new whim has
been ordered.
Shay, Manila & Co., working the
Klondike mine at Burros, are drifting
from the S0-foot level. The first grade
Of ore runs 27 per cent copper, and the
second grade about II per cent.
The old Cincinnati mine at Tres Her.
manos, which has been rechristened the
Home by its new owners, is being de-
veloped with good results. 1t Is now
controlled by Colorado parties. A new
} whim has been added to Its equipment.
Owing to the decline in the price of
lead a number Of mines at Cooks Peak
have suspended. The Chance mine has
closed down, and A. L. Taylor has also
. suspended operations. The concentrat-
ing plant is also idle but Is awaiting
!, merely the arrival of some new ma
chinery.
Jones & Young are developing big
ore body on the st. Louis mine at Bur-
ros. Eighteen men are employed, work.
ing two shifts, about twenty tons being
extracted by each shift. The principal
work now being done consists of drift.
ing on the big ore vein at the 2OO-foot
, level. Two four-horse teams are kept
busy all the time hauling the product te
the smelter at Silver City. and still the
ore Is accommodating on the dump. The
first grade runs from 30 to IS per cent
copper. while none Of the second grade
assays under IS per cent, ~