The copper era., 1901-11-28
MINE AND MINING NEWS.

afew more Huntington mills, tables and i figs, which will not cost 10 exceed l BIO 900. The mine bids fair to become
 one of the greatest producers ot the country at an early date. When We consider the showing already made,
 and the comparatively small cost We are simply amased. The mine as well as the plant, must be seen to be ap-
 preciated. The whole equipments, de-
 velopments aud improvements are first
 class in every particular, and shows that the management thoroughly un- derstan the business. The small capitalization, and the large amount Of
 stock in the treasury must make this stock very attractive to investors, as
 the company now has the ability to pay
 large dividends on the par value Of the stock. I consider the stock at the
 present price S3.50 per share snap,
 and il is my candid opinion that it will advance on its own merits to at least
 three times that amount in very short time"
 A new electrical device known as the ''Ore Finder" has recently been in vented which it is claimed will locate ore bodies. If this little machine is the success that is cla.ped. for it the vocation of the prospectov. has gone.
 With this machine it will be possible to prospect on horseback, and in few weeks one man could locate all the ore bodies in Arizona. After all there is nothing unreasonable about this dis covery, as every surveyor knows that his needle is affected by the close proximity Of bodies Of metal. It Is new science which may be more fully developed iu d few years, so that 1t will not only be possible to prospect with such an instrument, but it may come into every day use in mining. The Fl PasO Herald, in an article on the use or the machine at Paral, Mexico says:
 The instrument with which Mr. SchutZ has been opening the eyes Of the mining men in Mexico is the only one Of its kind in existence and 1t is attracting great attention wherever he exhibits its powers. It was first brought into prominence in :he mining district of Joplin, Mo, and the Joplin Daily Globe says that ESQ successful has it been that over 90 per cent. of the drill holes sunk upon surveys made with the instrument have found ore"
 A Herald man called on Mr. SchutZ and examined this wonderful inven tiOn. To the layman there is not much to be seen in it. It is d simple looking machine, which when in service rests upon a tripod and looks much like d photographers camera. Like most other great inventions, it is an applica- tion of science and not discovery of new principles. Resistance to an cleo tric current is measured by it. The earth Is a conductor of electricity but metal is a better one and the current naturally follows the better conductor, which is the path Of least resistance.
 It is easily understood that, if after connection is made with the earth, the Is high, as indicated by the terrohme ter's scale, 1t means that no metal is present, but where metallic body is found the resistance indicated will be comparatively low. By this it may be seen that this instrument has nothing in common with the sOFcailed divining rods or dip needles, but is based on sim pie laws of science. It is purely a scientific instrument and a modifica- tion of the Wheatstone bridge, which is used to locate breaks in submarine cables and structural defects in iron and steel constructions.