The copper era., 1905-08-31

The Stevens Copper company has been meeting with much encourage ment in the development of its prop erty. Eminent mining men, who have examined the property, have no hesitancy in saying that the company is bound to make q big steCess Of it's enterprise:
 The ERA was in error last week in stating that arrangements had been made whereby s75,OOo would be paid into the Polaris treasury for develop ment purposes during the next three years. The amount should have read $750, ,OO0. which will be ample to develop the property, and also for the erection of plant for treating the ore.
 A big four-horse freighter left Clifton Monday morning loaded with provisions and mining supplies for the Polaris company. This is the first step of active operations and in short time Manager Sweating will have things moving at a lively rate. With backing of S750,OOO the Po- laris is destined to be one of the most important companies in this district.
 Col. Bill Parish, who was the first mining expert of prominence to re- port favorably on the mines of this district many years ago when others had continually turned it down, and his son-iu-law, Nit Mays, practical assayer and chemist of note, arrived in Clifton several days ago to look over severeal propositions in this dis trict. They came up from Sonora to Clifton and after finishing their busi- ness in this district left Sunday morning, MT. Mays going to Hills boro, N. M., and MT. Parish going to Denver, where he will spend few days, after which he will go to New York. Boyington Campbell, assayer chemist, who accompanied MT. Mays to Clifton, also went to HillSboro, where he is interested in some min ing property. They were all well pleased with the prospects of this camp and of course the colonel still has faith in this distIict and expects to see it one of the leading camps in the world.
 Superintendent F. c. Alsdorf of the Cuprite Copper company, came down from Metcalf this week and in- formed the ERA that strike of much importance to his company was made in the Cuprite claim, one of the twenty-two claims owned by the company. The strike was a vein averaging from IS inches to two feet of copper glance that will assay from 4S to 50 per cent. copper. The depth of the strike was 40 feet from the surface and was made on Q drift from the main shaft. It is a vertical vein and bears every evi- dence of being permanent. It is the intention of the company to cross cut from the bottom of the main shaft, which is down something more than 100 feet, wAeeh- 1t is expected that the vein vein will be struck and prove the value of the recent new strike. The company is now being financed by Columbus capitalists, who have ample means at their command to develop the property in systemati- cal way. The company. which is now about one year old, has been working continually with the excep- tiOn of a few months. A new 6-horse power Fairbanks-Morse gasoline hoist is now at the freight depot at Met calf awaiting to be taken to the mine and set up for service. Super intendent Alsdorf intends to have the hoist in position in q very short time, when development work will go on at a rapid rate. The Cuprite company has a group of twenty-two claims, some of which are exceed ingly good prospects and in course of time it ought to be one of the pro- ducers of the camp.