The copper era. (Clifton, Graham County, Ariz.) 1899-1911, 1901-04-04

contemplates other extensive invest
: ment, in Arizona, probably N copper
or gold. The Golden Rule company i:
New York corporation, financed by
men OF abundant nerve and capital, and
there Is no section OF the world al
present Offering so inviting field for
investment in mines a. Arizona. Ia
copper mining especially our great
mineral territory is making an unex-
c He'd progress, and will undoubtedly
take the lead within the next five
years.
All the mine owners of the Aubrey
country are preparing TO work their
mines extensively since the mill run al
the Midas mill has proven so satisfac-
tory and that the ore can be worked to
Il pr ceutage of over ninety-fOur.
/ There arr many good collaborating
/ veins in that camp that can be made
quite productive and the owners only
need Il little encuu sgement from the
outside in the ~ ustcm mill to
treat the ores TO get 3nerOn the way
of more extensive develoP.6ent.-King-
m IN Miner.
+. r O'Brien. manager of the COM
pany store at Gleeson, was in Tomb
stone yesterday. MIR. O'Brien states
the recent gold strike near Gleeson
promises To develop into a bonanza
property and has already resulted in
increasing mining activity thereabputS.
There is also considerable railroad talk
TO be heard since the recent arrival of
ii party OF S. p. officials there who were
looking over the proposed route. MIR.
4. L 'avitt. the well known Cnchise
county resident, now located at Gle
son. also speaks most hopefully OF the
booming prospects of Gleeson. n.-Tomb-
some Prospector.
The London Stats thinks that apart
rom the possibility of great silver
mining combination. and the effect on
the price. there is a prospect that the
price may gradually improve As re-
suit of the worlds enormous consume
ton The Indian government il
obliged 10 purchase $4,000. 900 ounces
annually and the demand for China
will possibly be larger than hitherto.
With the normal demand and the sub
sidary coinage for trade purposes, the
conditions warrant the opinion that
81 yer will permanently command
higher level than witnessed in rece Mt
rs.-Tom bstone lprospector.
The company organized here by
l. cal merchants aud professional men,
W lich is known as the McCabe Exten-
sion Mining and Milling COMPANY. is
meeting with great. success in placing
its Treasury stock. As this property is
the tir1t north extension OF the famous
McCabe mine, in Big Bug district, one
of the biggest producing gold mines in
the county, the offer of a part of the
treasury reserve for development pur
poses naturally attracted the attention
of investors and the officers of the COM
pany have been receiving large num-
ber of communications asking for in
formation concerning the pro erty.
This company owns three claims, the
Henry Clay, George Washington and
Blind Girl. all of which cover the near
est ground mort and northeasterly ad-
joining the McCabe.-Prescott Pros
prCtOr
Thomas l.. Darby, a mining man
from Denver, WAS seen on Saturday,
and the gentleman took occasion TO lay
that the Dragon mining di-tric were
surprisingly active. The Peabody at
johnson was shipping fully 20 cars of
good grade ore weekly 10 FL Paso and
other mines We're also sending out ore
to same point to include the far off Tur-
quOis camp OF Copper Belle, fr"m which
to Cochise Station the haul was forty
miles. This camp was getting into
shape to smelt ore. Burt Dunlap's
mines were showing we'll, also the Mid
dlemarch. Referring to the recent
strike at Gleason said that information
which he heard from another person
was that the strike would not amount
to much. He did not wis h to be quoted
as saying this from personal observa-
tion as he had not been there to see.
He thought the Dragons for copper
had bright future. Cochi>e station
was a busy point, though there were
but few there outside O. .lIgd AI9H'yed
by the 5. +. eIectrTclt'ore
brought from tE~~,brSs The or,sa.cson
Star.
The Phoenix Republican claims to
have learned from person who
ought 10 know" that the Ray stock
holders have put off Sl.000.000 to en-
large their plant at Kelvin and resume
operations. The trouble which our es-
teemed contemporary Information is
that while its Informant probably
ought To know" he does not know"
and was simply giving the reporter
breeze" Mr.. Hill, the company's
consulting engineer, is now in London
consulting with the stock holders, and
several months will proba bly, elapse
before auy definite policy will be de-
cided upon by the gentlemen who
financed this enterprise. They will
take ample time to thoroughly acquainh
themselves with the details OF the
situation aud to csrefully consider the
possibility of resona.'ing their losses by
investing anoth million dollars, be-
fore they will 6e,?ie upon any action.