Western liberal. (Lordsburg, N.M.) 1887-1919, 1901-09-13
MINING MATTERS.
News About the Great Industry Of thl,
Section OF the World.

j. Davis n OF the directors, and
Hebert Wright and P. A. Endicott,
arrived from San Francisco Wednes-
day. The preliminary work for the
smelter is progressing as rapidly as is
needful to be ia condition when the
machinery arrives.
The Federal Smelter, at FL Paso.
blew 10 the lrst of the week, and is
now making bullion, also a market
for the ores of the southwest. The
smelter did not get to work quite as
soon as it expected to, but 10 the
opening of a new enterprise like this
there are always many delays which
cannot be foreseen and prepared for,
and it was such delays as these which
retarded the opening Of the smelter.
But everything is o going nicely.
P. o. Wells and S. G. Dickinson,
metallurgist and draughtsman for the
Shannon copper company, were in
town Saturday, returning to Clifton,
from the east, where they had been
preparing plans and estimates for the
company's smelling plant. Mr.. Wells
says that the entire plant is contract
ed for, and much of 1t is on the way.
The plant is in nat advanced stage
that the officers of the company have
no hesitancy in saying the plant will
be making copper by the first Of
January, all of which is interesting to
the stockholders.
The Clifton copper company recent
ly had printed an authorized state
ment In the Deming Headlight, an
nOuncing that the mill was about
ready for operations, and that in a
short time the company would com
mence to pay dividends. This com.
pany will not need all the capital stock
that 1t is authorized to issue. 1t will
be paying dividends before the capital
is expended. The officers of the com
pany expect to issue a stock dividend,
dividing all the stock in the treasury
among the stockholders in proportion
to the stock each one holds.
S. W. Vim, OF the Mineral Noun
tain company, received a telegram
Saturday, calling him home on ac-
count of the serious illness of his six
teen year old daughter. Mr.. WINS
many friends all hope for the early re-
coverY of the daughter, who is suffer
ing from an attack of typhoid fever.
Mr.. Winn's presence is needed here
just now, as the hoist and pump for
the company's mines at Stems Pass
arrived this week, and he very much
wished to be present aud give theiI
erection his personal attention. He
expects to return as soon as the doc
tors consider his daughter out OF
danger.
Superintendent Cook of the Aber.
deem reports that the new hoist is up
and the machinests are busy on the
air compressor, and the miners are
busy timbering the shaft of the
Malachite. The within that was used
on the Malachite will be moved and
used on the Orphans Home which il
now down eighty feet. He is cross
cutting on the Atlantic, to strike the
other ledge on the same location.
which is about fifty feet north Of the
one on which the shaft was sunk
The cross cut on the Manila has beer
run eighty feet, but the ledge has moi
yet been reached. The Silver Kinp
shaft is now down 10 feet. The Ear.
shaft is Gfty feet deep and continues
to show eighteen inches Of fine ore.
Some OF the tenderfeet are catching
on to the oil proposition and are learn
ing what kind of a bird is the Texal
oil company. Some time ago a mum
Der of Lordsburgers were invited Il
invest 10 an FL Paso company, work
ing at Beaumont. This was no cheal
ten cent company. 1t was the no.
stuff. The stock had a par value of
dollar a share, aud the LordsburgerI
WIZ puACudoCu udQ W pun up ClBu
bits for every share bought. Tim
passed On and the we'll proved to be
gusher from Gusherville, in fact
boarding school girl home for vacation
was not in it for gush. The Lords
burgers who held Immediately i'm
agined that the stock would be wortl
several dollars a share and they woul,
be on Easy street. One was ap
preached to sell, and while consider
lug the proposition the offer to bu
was withdrawn. About this time
LOrdsburger received instruction
from an El Paso friend to sell any par
Of ave hundred shares at par. No
knowing what the stock had sold fo
: before the gusher was struck, h
offered the stock to some of the loca
, oil sharps, but the offer was receive
coldly, and no sales could have bee
made. The seller soon discovere
7 that II he had offered the stock a
three or I've times its par value b
; could have sold out without niue
j trouble. Investigation satisfied th
T.ordehurO all eharne fhat tho ron