Los Angeles herald., 1907-10-24
RIVERSIDE HAS
DEPOSIT OF BER VI
Calumet and Arizona Heads Long
Copper List In cheapness of
Placing Its Output on
Market

A beryl deposit has been discovered near
Riverside. This news will be of great interest
to the general public when II Is known that
beryl, when found in transparent deep green
tint, Is the material from which the priced
emerald is cut. A shot put In ledge for the
purpose OF getting out rock for foundation
purposes revealed quantity Of the well
known hexagonal prisms, and while much of 1t
rs aquamarine, the presence of green tints In
the surface showing, and plentiful sprink-
ling of green muscovite mica, leads gem ex-
perts to believe that rich emerald mine it
In process of being uncovered. state Min
eralogist Aubry has pronounced the specimens
the finest yet discovered in the state, and has
requested that additional samples be sent him
for display at the state mining bureau.
Three we'll known Goldfed prospectors. who
many times before have struck 1t rich. believe
they have better showing now than anything
they ever opened. The lucky ones are Nick
Reinhart, Charles Grogan and Elmer Lowden
and the scene OF the new find is in the Ramona
mining district twenty-five miles southwest
of Hawthorne and seven miles east OF Fletcher
postofhce, Esrnerada county. They sent in
three large samples of ore that was broken
from three-foot ledge II was found to be
gold quartz, carrying a little silver The gold
values on the three samples went s236, s237 and
s271. number of the friends OF the lucky
prospectors have already gone to the scene Of
the new hnd and others will follow.
Calumet and Arizona
Eastern financial publications are just waking
UP to the fact that the ore deposits Of Bisbee
Arizona, average little better than those of
any other camp on earth. The performance Of
Calumet and Arizona, a Lake Superior country
manned enterprise. has only recently been dis
closed the public can get line on Its ac-
complishments. The average Boston writer
who has been used to describing the affairs of
lake mines whose rock output averages trif1e
better than one per cent cannot readily grasp
the Importance of the Bisbee product that runs
from to 10 per cent with an average Of about
I. 1t makes difference whether the f1ve-ton
skip comes UP with ore yielding 100 pounds OF
metal as In the lake output, 700 pounds as
in the Bisbee load Of like weight. 1t costs
more to mine TIL, ton Of Lake Superior rock
than II does the Bisbee ton. The selling price
of the metal favors the Lake Superior mine by
about X cent per pound.
Copper mining has ebeen conducted in Bis
bee for more than a quarter of century, but
It was carried OH by close corporation. the
Copper Queen, which gave public state
ments OF it's earnings although the latter were
known to be large.
Calumet and Ailzona's last report gave the
,ublic the facts concerning the actual worth of
the Bsbee camp as producer of the red met
al Its cost for making the pound of copper
was only 571 cents, and against this all con-
struction work was charged million in
new shaft and smelter equipment were easily
expended, this being included in the cost per
pound.
1t places Calumet and Arizona at the top Of
the long copper list in cheapness OF putting
us output into the market. Copper Queen
may be able to duplicate II, but we cannot
prove this. the figures not being available
With its big mercantile establishments, rail-
roads, mines and smelters it. is wonderfully
thrifty concern, sLd it's success in all its va
rious enterprises Is the direct result of the
profits 1t he won from Its rich copper ores of
the Bisbee| field.
Calumet and Arizona, In the brief time it has
been producing mineral, has paid s45 on each
of its 200 900 shares OF stock and has half of
this amount now In its treasury In the shape
of cash and copper No wonder the easterner
is beginning to sit up and take notice. Calu-
met and Arizona has built modern smeters
costing a lot of money, has Its mines finely
equipped and is also developing mineral lands
In several places in the southwestern field. It
is In the mining business TO remain, is we'll
ofhcered and managed.