The copper era., 1904-09-22
NEW MEXICO NEWS



 The territorial republican cOnven- tion of New Mexico last week turned down Rodey for re-nomination, and nominated William II. Andrews as d candidate for delegate to congress.
 NJ. R. Ballou and NJ. F. Downs, of Silver City, have disposed of their lease on the T. J. ranch and cattle in the upper Gila country to John Con- verse, late of Philadelphia. Other cattle have also been bought and added to the number.
 Aaron Click. ranger on the Gila
 River Forest Reserve, died at the home of the postmaster at Joseph m western Socorro county and at the northern extremity of the Gila re- serve. last week after a lingering ill- ness of three week, of typhoid-pneu' monia. The remains were inferred at Joseph. Enterprise.
 James Bradis, the plumber of Sil- yer City, was out riding last week His horse buckcd him of and his foot got caught in the stirrup with the result that he was dragged over rocks about ten minutes. He was badly bruised about the head and IL will most likely lay him up several weeks.
 Deming is to have q water works system Il complete up-to-date sys- tcm-to cost $50,0O0. Col-aa Smith, of the Dep,i11P Real Estate Development company returned last week from Chicago where he negotiat- ed sale of bonds for the company by Chicago parties interested who came to investigate the grounds and make arrangements to begin the work inn mediately. For several years past companies have been endcavoring to give Deming q water works system but the project has never advanced much beyond the OrganiZatio stage. The difficulty has been that the con- pdnics that have esSaycd the propo- >ition have always found themselves unable to finance it. The Dcming Real Estate and Development com panv. which will now put in the sys- tenn, some time ago bought out the Dcming Land and Water company which made several unsuccessful at tcmptS to give the city q water works and are now in possession of all the land and other property necessary to he successful accom- plishmcnt of their scheme which k to give to the city as good water works system aS can he found in any city of it's size in the country. \ large ground tank has already been con etruCtcd which has capacity of 25,- OOo. OOO gallons. \ shaft has also been sunk to the water strata, which i- walled up with brick and cement and k capable of furnishing 2,o00,- OnO gallons of water every twenty four hours. Work on the plant k to commence in about two weeks and it k cNpcctcd to have the system in op- cration in about four months Dcruing Graphic.
 Otto Werncy last week shipped d few tons of rich gold ore from his Gold Hill property. We are pleased tO chronicle the successful shipments of individual operators of our min ing industry especially SO when so many of the incorporated companies ,,, h. III active. There k something radically wrong with the companies. What is it. q lack of funds. Il lack of faith or mismanagcmcnt? Probably no one of these causes wholly but all three combined. It frequently occurs that organizers of a mining company will set aside certain amount of Capi- tai to do q certain amount of dcvel- opmCnt work on their mine upon the recommendation of some self styled practical miner, that when that depth k attained their property will he self sustaining. The depth is reached and conditions confront them that did not prevail at the sur face and which they did not expect. Their funds are exhausted, stock holders are discouraged and opera tionS cease. Who iS to blame? Ger tainly not the mine. for it has not been tested. For it goes without saving that there is not q developed mine in this vicinity. consequently failure should not he charged to the mine. When the organizers of d company for mining purposes or the directors, promoters, or upon whom Socver the duty may rest of raising funds for operating expenses realize that the best producing mines in the country have been made such at an expenditure of from fifty to two hun drcd and fifty thousand dollars and govern themselves accordingly, then and not until then, will success crown their efforts. Funds are one of the most essential things, next to that k an honest. faithful and efficient management.-Lib