El Paso daily herald. (El Paso, Tex.) 1881-1901, 1901-03-08

j. G. LOwdOn, vice president of the
Lowdon National bank, is here from
his home in Abilene, and is registered
at the Sheldon. Mr.. Lowdon is recog-
niZed as one of the most prominent and
progressive bankers throughout the
state of Texas. In appearance he is a
little below the average height, heavy
well proportional figure, blue eyes, a
good natured face and a manner that is
at all times affable and courteous. He
is the moving spirit in not less than
six banks in Texas and is known every
where as a far-seeing sagacious man of
business. The banks with which his
name is connected at present are: The
Steffens-Lowdon at Abilene, which
may be termed the parent bank; the
Lowdon National at Ell Paso; the First
National at Merkel; Morrow and
Lowdon at Stamford, and the Albany
National bank at Albany. The latter
bank has just been opened. During the
year Mr.. Lowdon travels over a good
portion of this continent and, there
fore, his judgment of a place has no
little weight. In speaking to a Herald
reporter this morning relative to Ell
| Paso, MIR. Lowdon said:
ITO say that l am surprised at the
growth and development of Ell Paso
is to speak in very mild language. 1t is
just beginning to get into it's natural
stride, so to speak, and it's progress
from now on will, in my judgment. be
| remarkable. l have always had faith
in Ell Paso and 1 think 1 have given
proof of that fact by the real estate l
have bought here and other invest
ments l have made. With the
new railroads that are building in here.
the new mining fields that are being
opened up, the cattle interests that
are in this vicinity. and the energy
and enterprise of the citizens of Ell
Paso. 1 cannot see how it is possible for
this town to avoid growing. The nat
ural advantages which Ell Paso pre-
sents are fast becoming recognized not
instance, quite a number Of travelling
men come to Abilene during the year
and they make the bank their head
quarters. In conversation with them
l have heard them say repeatedly that
of all the places in Texas where they
do business they consider Beaumont,
Ell Paso and Dallas the best towns in
the state in the order named. At the
present time 1 believe that statement
is correct but it is my firm conviction
that Ell Paso will be the biggest city
in the state of Texas before many
years have rolled around.
here 1 want to say that we are more
than pleased with our investment
along that line. The amount of bust
ness we have done since the bank OPP
ened is far beyond our most sanguine
expectations and it is steadily growing
| There will be no difficulty in enlisting
capital in Ell Paso and this neighbor-
hood. 1 know personally of a number
of men of means in Pennsylvania who
hoi N nc,
to invest a good deal of money down
here. No, cannot say who they are
or what the nature of the investments
will be at this time. but / am sure
that they will be made sometime in
the near future.
| Another thing I would like to say
continued Mr.. Lowdon. land that is a
| better movement could not have been
started. or one that will result in great
err benefit to the town. than the move
ment to get the cattlemen's conven-
ton here. l believe the chances are
good to get it for 1902 but if not then
| there is no doubt in my mind but that
Ell Paso can get it for 1903. Anyway
it will be big card for the city to
make the effort
The country around Yuma has not
| received the attention it deserves con-
sidering its wealth of mineral and fine
prospects for the miner"
The above statement was made by
Charles E. Eichelberger who is regis
tered at the Orndorff hotel from Yuma.
Arizona. and he figured very promi-
nently in that section of the country
as miner He was the original dis
coverer of the King of Arizona mine,
one of the most productive mines of
that state He owned half interest
in it until quite recently when he dis
posed of it at a good figure.
"Al1 that country needs to make it
one of the best mining localities in
this section of the country is the con-
struction of railroads and the facili- |
ties for shipping the ore. The ore is
there and plenty of it with good pay
ing values but it is little difficult to
handle at the present. Now the prop |
erty l am working is situated about !
125 miles from Yuma. 1t is copper |
proposition and from the general sam !
pies I have had aSsayed the values run |
high The purpose of my visit here is |
to ascertain the result of carload of /
the ore from the mine thirty miles |
across country to the Colorado river |
and then bring it down to the railroad /
by boat. The shipment is more in the |
nature of an experiment and if the re- |
suit justifies it l intend to put small |
reduction plant on the property. Now |
you see if that country could be tapped |
by a railroad it would not be necessary
to do that but the ore could be ship
ped here to FL Paso for treatment. OF
course I am not the only one out there
There are others and plenty of them
All that country is very heavy min
era1iZed and the miner that gets in