Mohave County miner., 1901-01-19
JNo. p. FEENY,
Clerk.

A Captain, New Mexico, dispatch of
recent date says: The site for the big
steel plant of the Linderman Coal and
Iron Company has been located north
west of here between the mines and
town. Four shafts are being steadily
worked to develop the immense coal
body which the company is assured
underlies the 1000 acres of land re.
Gently purchased by them. The best
modern hoisting machinery has been
installed and inclosed by shaft houses.
The company does not contemplate
shipping coal to the FL Paso market,
but proposes to thoroughly exploit the
coal before expending 3,0O0,000S in the
erection OF steel plant. The coal vein
b,ing developed is six feet thick aud
the indications are that it is remark
been done on the coal deposit in the
past two months and no faults have
been encountered, so that the manage.
ment is reasonably certain now that
the company has a big thing and that
the whole deal will go through without
hitch, and that work will be started on
the steel plant very soon. The steel
plant location has "A down haul from
both the coal fields and iron mines.
The Ell Paso and Northeastern Rail-
road company has completed its sur.
vey of the track from Captain to the
properties of the Linderman company
aud track laying will be started at
once. The iron mines operated by the
company are located in the Captain
mountains three miles north of Capi-
tan, and large force of men is now
engaged in developing them. In ad-
dition to the mines owned by the com
pany, it has secured options on 5000
acres Of valuable mining land owned
by others. Nearly every miner and
prospector in the country has claim
in the iron belt, and all are keeping up
their assessments, hoping to sell the
mines or the product from them to the
company at some future date Every
expert who has visited the m ines has
reported very favorable on them.
Archibald Mccullough, who recently
made an examination of the coal and
iron fields for the benefit of the Lin
derman company has made a mot
glowing report to the stockholders, and
they have decided to begin the ship
ment of machinery for all purposes at
once Directors of the Bethlehem
Steel Company, of which Il. p. Linder-
man is president, are back of the en-
terprise. The concern is not cramped
for finances by any means, nor is it
backward about spending money when
conclusion is arrived at. 1t is not
believed here that the Bethlehem com
pany will prove heavy competitor of
the Colorado Fuel and Iron Company,
and it is doubtful If western business
will be bid for by the concern 1t has
been awarded contract to furnish {, :
00O,O00S worth of armor plate to the
United States government, which con-
tract will keep it busy for several
years, without considering commercial
steel and machinery. The Bethlehem
com pany's coal mines in Stockton, Pa
were closed recently because unprofit-
able to work, and the concern has since
turned to Western fields for invest
ment in order that their contracts may
be filled without delay. While the
company owns large mines in Cuba
and Spain, none of the foreign ore will
be shipped into this section because of
heavy freight charges, and everything
will be produced right on the ground
for feeding their blast furnaces, roll,
ing mill etc. The company is of the
opinion that its Lew possessions iu
New Mexico rival tho e owned by Car
negie, and they will expend millions OF
dollars and give employment 60 thou
sands of laborers in the vi Unity of Cap
itan to prove their belief The bust
ness men of the town feel highly elated
over the indication of future pros
perity, and confidently look for the
establishment of second Pueblo il
the course of the next two years.