Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1901-10-01

While the production of copper in
this country goes on at an undiminish-
ed rate, the demand for this most use
full of the industrial metals has stimuli
taneously increased, until now every
pound of it is absorbed in the arts and
industries of the world in a way that
industries of the wirld in a way that is
truly astonishing. The foreign demand
for American copper seems well nigh
Unsuitable. The expansion of Euro
pean consumption had advanced by
leaps and bounds until at the present
time more than so per cent, of the
home product is required for export.
These gigantic shipments represent
legitimate demand for consuming pur-
poses in England and continental Eu-
rope, where electrical improvements
and enterprises are being projected and
carried out, which will require constant
supplies of copper in very large guam
titles from the western part of the
United States, for years to come. Cop
per has ruled for more than two years
at from 16 to II cts. pound 1t is need
less to point to statistics in proof of the
statement that the increase in the pro-
duction Of the metal still falls far short
of the increase in consumption. This
fact is universally accepted, and all
the conditions are such at this mo-
ment as to make it an absolutely safe
prophecy that a continuous stream of
money awaits the owners of every pro-
ducing copper property in the Rocky
mountain country. No wonder, then,
that the most prudent and far-seeing
of the countrys great professional I'd
business men are investing heavily of !
enterprises.
Impressed with this view of the sit !
uation, and convinced that no state or |
territory in the west bids fair to out |
strip New Mexico as a copper produce |
er, the New Mexican has had one of |
its representatives quietly travelling
through the several mining camps for
some time past, gathering data o1i the
subject of New Mexico copper resourc-
es and possibilities, and hence this pa
per is enabled to present toiay this
the first of a series of articles on min
ing and mine development in this ter
ritory, and in which it treats first on
the properties of the
AMERICAN CONSOLIDATED COP
PER COMPANY. |
Without any degree of publicity, this
conservatively managed corporation
organized under the laws Of New Mex
leo, with general offices in New York,
central-west offices at Columbus O.,
and it's southwestern office at Santa
Fe-has been quietly at WORK for sew
eral years acquiring by original loca-
tion and purchase much of the choice
undeveloped copper property in the
territory with the result thai it owns
today a consolidation of magnificent
mining properties situated in the most
promising copper camps of Grant, So.
corro, Lincoln and Santa Fe counties
It's holdings comprise an AREA of about
seven hundred acres of carefully prov
ed mineral territory. These holdings
are located as follows:
In the Shakespeare mining district,
Grant county, 2 1-2 miles from Lords
burg, on the Southern Pacific railroad. 1
In the Burro mountain mining dis
trict, Grant county, is miles from Sill
yer City, the county seat of the ban
ner minera1-producing county of New
Mexico.
In the San Andreas mining district,
Socorro county, 25 miles from the Ell ,
Paso & Northeastern railway.
In the Gallinas mining district,
Lincoln county, 4 1-2 miles from the Ell
Paso & Northeastern railway
In the Santa Fe mining district, San
Ia Fe county, 6 miles from the A., T.
e S. F. railway.
SHAKESPEARE DISTRICT.
The property first visited lies in the
Shakespeare district, and contains
over 100 acres of developed copper {
1-2 miles from the -four ;
shing town of Lordsburg, where, bylt
The way. a large customs concentrator
Is now being erected and strong Cal .
fornia company is installing smelt- !
ar plant of 300 tons daily capacity. In <:
this district the American Consolidated ]
Copper Co. owns and operates the I