New-York tribune., 1907-12-16
NOTES FROM THE HINES.

mining engineer who has made a number OF
acts 70 the Cobalt region in the interest of some
:. ,hs large mining companies there has Just re-
sr,ned from the camp where he made tour of
.,,,ecttou Of many of the leading properties. He
-. that the improvement of the camp In the last
- wears has been remarkable. The new methods
-. Greatly increasing the product, and he saws
tbe camp destined to be the greatest silver pro-
.,,er On the continent The question OF perma-
.,cv he says, has now been thoroughly settled In
,he minds of metallurgiIts. and the mining and
u,,,.ng Of silver will be going there long after
.beory y that the values pinched very great
depth has now been a, abandoned Proof of their
he Big Pete Jacobs and La Rose mines. which
sst sny deterioration of values It is believed that
The great production in future will result from the
& oncon has come from the facs t6at GIe he
cobalt Central concentrating plant the beginning
terest by min ng engineers in the United States
:ns snsbis to econoicai eoncentraton a'er UTes
result OF this conclusion about twenty plants will
be erected in the camp
Samuel II. Traylor. consulting and directing en-
stneer OF the Tri-Buon Smelling and Devotion
rnent Company, who has returned from his inspec-
tion OF the Kelly mine, has made an Interesting
statement concerning the property. He says that
he made thorough inspection of the new hoisting
plant compressor plant, crushing and concen-
trstns plant, which have been constructed in the
wear and put about fifty tons of ore through the
mill prove the adjustment and alignment OF the
machinery Win t1e most satisfactory results The
rlant has been turned over the company con-
nections now being made from the Traylor
shaft with the large ore reserves in the Kelly mine
which. it is hoped, Will be accomplished some time
In February, when the mill will be started and reg
Uler shipments of begun. Mr.. Treylor saws
that the plans for he development of the prom
erty carried forward in the year have absolutely
proved beyond q doubt the continuity Of the large
ere bodies developed in the upper workings OF
the depths OF the latest developments, and will
certainly continue to great depth The company
moreover, has he said, sufficient ore blocked out
10 keep the reduction plants built and planned
sn operation for many years TO come
In a report to its stockholders the Douglas Cop
per Company says the company has no outstand-
ing debts, and is supplied with ample funds TO
meet ell requirements IN connection with starting
the snelter. The coulpanys cash balance in banks
to-day is sSl.74i over 100000 Of bonds have al
ready been retired, and sufficient stock is held in
the treasury TO convert all outstanding bonds
President Douglas. who is at the properties In
Mexico states in a communication that he expects
he has offers Of more custom than he can ac-
cept and that the outlook in the DEVELOPMENT of
the mines owned by the company is extremely
satisfactory.
telegram received Saturday ct the Office of
the Cobalt Central Mines Company. No. 81 Wall
street from the manager she mines states that
a rich vein has been encountered while drift
ing on q cross vein IN the Big Pete mine, az the
225-foot level This new vein seems TO across
Diabsse Mountain parallel with the Big Pete vein
into the Powell property also owned by the Cobalt
Central Mines Company