The copper era., 1907-03-07

NEWS OF THE TERRITORY.

Globe-Arizona company announced
that the allotment of stock of the
company for Globe would be $4,000
shares at a price of 25 cents per
share Arrangements are being
made to have a block of the stock
placed. in the eastern market at
higher price, as the local allotment
is only made at this price for the
purpose of securing funds for the
preparatory work. The firm of Sui
tan & Wayne is preparing a report
on the property of the company. AS
says of samples from the mine are
said to run considerably higher than
was supposed, but the exact figures
have not been made public.-Belt.
General Manager w. F. Staunton
stated to a Tucson Citizen reporter
that about eighty men are employed
on the smelter site at Silver Bell lay
ing track and preparing the ground
for the erection of the smelter for
the Imperia company. 1t is expected
that the smelter will be completed
and in operation within year.
There are employed at the Silver
Bell mines about $50 miners. Mr..
Staunton stated that the work OF
sinking the shaft to the 1,O00-foot
level is going steadily ahead. The
shaft is now down below the 700foot
level. The camp of Silver Bell is
growing steadily and activity con-
tinues on the properties which are
in that vicinity.
L. C. Hanks, D. A. Richardson, A.
Flickinger, A. J. King and others
have purchased mine which adjoins
the Cinco de Mayo mine in the FL
Tigre district. This property con-
sists of a number of pertenencias
and is located in what has proved to
be the richest gold belt yet discov-
cred south of this city. Mr.. King,
it will be remembered, at one time
had lease on the Cinco de Mayo,
which is owned by Col. Garcia. While
working the Cinco de Mayo, Mr.. King
was attracted by the favorable ap-
pearance of the property just pur-
chased and has since made close ex-
animation of it. Judge Richardson
left for Moctezuma for the purpose
of Incorporating a Mexican corpora
tion to take over this property, the
intention being to begin important
development work. Already the
money has been provided for shaft
which will be sunk to depth of 25O
feet. contract for this work has
been let to some Mexicans living in
the Yicinity.-Review.
Bill Mounts, who lives on a ranch
less than half mile from the Black
hawk mine, came in last week with
story that made some of the old-time
prospectors seriously consider sharp
ening up their picks and taking to
the hills again. Mounts reported
finding nugget of solid silver, which
weighs sixty pounds. The peculiar
thing about the find was that the
chunk of silver was picked up short
distance from the house. For years
past there have been numerous finds
of silver nuggets in this vicinity and
it was presumed by the old-timers
that they had been washed down from
the hills. A. number of them have
been found all the way between
Black Peak and Richmond Basin and
many of them have been larger than
the one found by Mr.. Mounts. 1t has
been the supposition that there is a
ledge in that part of the district,
from which these chunks are washed
down, but many years of search have
failed to reveal its hiding place.
Mr.. Mounts will bring the nugget to
the city and it will be placed on ex-
hibition.-Belt.
Sheriff Henry Thompson caused
the arrest of three of the four men
turned by the recent grand jury on
the charge of rioting. The men ar
rested were Fred femme, bartender
employed at MOnihan's saloon; John
d. Houston, one of the proprietors
of the Wigwam saloon; Vance Bay
less, a miner at the Old Dominion.
All of the men are said to have taken
an active part in the ATTEMPTED
lynching of William Baldwin on the
night of February , last. In accord
ance with orders of Judge Nave the
three men we're admitted to bail,
each furnishing bond in the sum of
1000 and they were released from
custody. The bench warrant not yet
served is for the arrest of A. E..
Guthrie,a "a carpenter. Sheriff Thomp-
son has not yet located him, but it is
not thought that he has left this i'm
mediate vicinity. Guthrie is said to
be the man who had the rope which
was proposed to serve as Baldwin's
necktie had he been secured the
night Sheriff Thompson spirited the
negro away from the jail. The men
will not be given trial until May g..
Belt.
Don't Complain.
If your chest pains you and you are
unable to sleep because of a cough.
Buy bottle of Ballard's Horehound