Los Angeles herald., 1905-01-09
cRowpINe NINE work
American Capital In Sonora Develops
ing Promising Properties

| ~ WOihHidn WIN WHH bHdlHUtA lU0
Job Of scraping and cleaning the plates
at the Sunny Hill milling plant near
Redding quit work in alarm recently
because he thought he was scraplng
the plates to pieces. When superin-
tendent Barlow made an investigation
he found that It was gold the laborer
was scraping, and all told there was
s144O taken from the plates.
On the Stanislaus river below Col
lierville, six miles east Of Murphys,
the Bourbon Mining, Milling and Elec-
trical company has acquired water
rights along the river and intends to
transmit power into Sonora and other
Tuolumne points by July, 1906
The Etna King Mining company OF
Stockton has put a hoisting plant upon
the zeigler property in Angel Camp,
and will sink a three-compartment
working shaft for the development of
two shoots OF ore.
The Union Copper company at Cop
peropolis is hauling lime to build a
smelter A pole line leading from Tel
egraph City to the mine has been COM
pleted to supply the power. Forty
men are at work at the mine.
The Emma Mining company, or so
called Easy Bird, has been reorgan-
ized under the name of the Outlook
Mining company, with Col. w. t.
Robinson of Mokelumne Hill as presi-
dent and A. E. Meyer of Boston as
financial agent. The company has
paid-up capital sufficient to put the
property on a dividend-paying basis.
Ten men are at present employed in
putting the mine and ten-stamp mill
in readiness to commence crushing
ore.
How Mines Pay
The Bonanza mine af eastern Ore
gon was offered for $500 in 1896. with
no takers It is now producing ST.
0OO0 900 a year.
The Copper Queen was once bet
against $50 on a foot race. 1t is now
paying millions every year.
Comstock sold one-quarter interest
duced afterward $6O,0OO,oO0 and shares
sold for $1S75 each.
United Verde sold for fifty cents a
share and is now paying $500 per cent
dividends at that price. The mine
went begging for $4,000 fifteen years
ago, until it was purchased by Senator
Clark. who recently refused $780,
100000 offer for it made by Belgian
| syndicate.
The Comstock lode of Virginia City.
New, has produced in gold and silver
the enormous sum of $32,000,000. Most
of this ore yielded but IS per ton III
gold.
The Homestake of South Dakota on
50 ore has paid $9,333 in dividends
every day it has run for the past ten
years.
Eastern people are said to be me-
gotiating for the purchase of the Nee
dies smelter.
Arizona's copper output for 1904 Is
given at 210,50O.00o pounds.
Cadmium Mine In California
The reported discovery of consid-
cradle deposit of cadmium near Lyons.
in California, calls attention TO the
fact that there is not single plant
in the United States that can treat
or refine this mineral and 1t is neces-
sary to ship the crude concentrates to
Swanson, Wales. An important new
use of the metal Is in the manufacture
of electrical storage batteries and this
new demand and general scarcity has
Increased the market price from about
30 cents a pound TO about $3.50 pound
this price it would be profitable to
produce the ore even though it is nec-
essary to ship it across the ocean for
treatment. The operators in localities
where the ore is found would do well
TO get in touch with the market for this
product.
MagdaIena Notes
MAGDALENA, Son, Mex, Jan. t.
John Henderson, general manager OF
four different mining companies ac-
lively operating in the state of Sonora.
passed through here several days ago,
accompanied by William x. McKib-
ber of Chicago, who is secretary of the
"Compania Minera de Sonora, Rire de
Colere, S. H." of which Mr.. Henderson
is president and general manager.
They were ON visit to one Of their
big copper properties in Atlas district
owned and operated by the Ohio Mex
lean Mining company, organized under
the laws of Arizona by Mr.. Henderson
and associates.
kilograms recently received from tho
ccmpany's property, the Sonora Cop
per Queen" seven miles from caborca.
announce a big strike Of high grade ore
at depth of 15O feet in a new shaft.
The ore is high grade in copper carry
ing gold values
Operations at El Orc. the Coast Lls,e
Copper company Of which Mr.. Hender-
son is general manager also, is being
pushed with good results and III orc
will shortly be one of the big gold pro-
ducers of Sonora.