The Union times. [volume] (Union, S.C.) 1894-1918, 1906-12-07

ana the Prohts are infinitely great
cr. For illustration. the following
are quotations of some of the more
prominent mining stocks, taken
from the last copy OF the Mexican
Herald: Minera de Penoles. par.
500, asked $4,000. bid $4,000
Prov. S. ]. de Luz, par $50, asked
ST. $3.50, bid ST. $50; San Rafeal, par
$50, asked $500. bid S3,425; So
lledsd. mar $40, asked $I,64o, bid
Isl 600; pnstantia, par $Ioo. ask
ed Did $4,000: Niaca, of Chi
huahaaj par 5000, asked 100000,
A te1 PEARS ago stock in the
Dos EsEellas mine. par value
I$Ioo, could be bought at SIS per
share. To-day it is selling for over
$8,oon Der share. Such statements
look like fiction. but when the vast
mineral resources of Mexico are
considered it will be seen that the
mining il 'lrstrv in Mexic,, is still
in its Clancy. The last Mining and
Engineering Journal. about which
i.,cre is no trace OF yellow journal
ism. states in an editorial column
that it is reliably informed that a
lake of quicksilver has recent,
been discovered III the mountains
near Vera Cruz. tn" area OF The
lake being I2S ocr"S and its depth
: metres. While | must doubt
renutahIe1pt, even from highly
thin" is Nossibl"r> still almost any
of Mexico. with its Is" mountains
acres yet 70 be prospccftnllli cftlliions OF
Continuirg ,.- :'t,HHtree from
chihuahua :;thouSand miles south.
we reached |AIcxico City. from
which point | c"rricd Mr.. Young
with me to tie district to which |
wills soon retirn to open up some
new properties in which Mr.. Bel
lis and myscliare interested. Her"
we camped with the Indians,
among whom ! have some very
warm friends. We were on horse
back with Indian guides for almost
two weeks. the Indians keeping us
we'll supplied with all kinds of
fruits and provisions. We visited
the mines OF 'raSco. famous in min
ing history and in romance. We
also spent several DAYS at the Cor
unaS mine and >.;It in the room
where the former owner was muir
dered about fv" wears ago. The
murdcrcrS. eight in number and
among them the trusted servant
OF the victim. were soon captured.
marched TO the scene of the muir
der shot and b9acad"d. The ban
menwere capt3rcd by a squad of
friends. ly ene Of my Indian
This minn is now beng ~Tntello.
Ibv MIR. H. l.. Eiscnhardt. we'll
known and successful mining man:
The CoronaS mine has produced
many millions oi dollars and the
.Alacran. ncighboring mine. has
record Of twentv-seven millions.
The smok. could be seen curling
over MANY mountains where there
was no sign OF life when ! first Wis
tied this region. Among the mines
which have been opened no since
I first visited that part Of the coun-
trv is the Csrboncillo, whose stock
with a par value Of SIS, is now sell
ing at SI6o. All of these mines
are in the same mineral belt AS the
famous Dos Estrellas. which IS
about,forty miles awav.
WhiR in Mexico Mr.. Young ant
,, myself obtained possession of Al
old Spanish silver mine in tn
, group ,abovn mentioned End ad
I Joining the Coronas and Carbon
clio. and short distance from tn
Alacran. A COMPANY has been or
= oanized to work this property am
: it will soon be IN operation. III
. officers arr: w. X. Bells, Dresl
=, d"nt: ". l.. Scaiie, Nice-Dresidcnt
|. Macbeth Young. secretary an
:, treo surer: w. X. R"llis w. T
y, Zrlich. and Crilfo-d A. Deitch. a
- of Indianapolis Capt \. ". Eos
=; ter and Macbeth Young. of Unio'
~ rre the directors. The compan
- has been incorporated under tt
-, nar,e of Tolrca Ninino ComDan
y with a capital stock OF S2SO,oOo.o
4, From this nine can be seen tt
- - four great volcanoes Of Mexic
80 PoDocateretle, Yztacchiuate. Or
:, zaha and Toluca. all o' which a
,d crowned with perpetual snow. VI
80 80 companv is named for the Ia
=. ,,e,t;oped mountain from Il