Los Angeles herald., 1910-10-17
NEW COMPANIES TAKE
INTERESTS IN MEXICO
Big People in Both the East and
the West Are Drifting to
West Coast

PACHUCA, Oct 16.-The latest ad-
dition to the list of new companies
in these districts is that of the Me-
Vada Y Anexas, with which Is in
eluded the Santa Rita.
These mines are situated close to
the western boundaries of Pachuea
City and are on the Analco lode. In
the Santa Rita section shaft has
quite recently been sunk to q depth
of 140 feet and ore Of fair value en-
countered. The property is mostly in
the hands of local men,
The board of directors and other Of
ficials of the company will be elected
at the general meeting to be held IN
Mexico City during the coming week.
The first assessment is already being
paid into the bank.
MEXICO CITY, oct. 16.-At the ex-
traordinary general meeting of Ia Gu
ehara v Anexas held in this city, being
the second call, under the presidency
of Luis Gayou, 1904 shares out of 5000
were represented.
The board rendered brief report to
the effect that the increase of capital
as agreed upon at the last general
meeting had been impossible, as only
a very small portion of the extra cap
ital called for had been subscribed.
The accounts up to the last of Sep
tember were presented and passed
upon, the board to enter into any ne
gotiation to sell the property of the
company.
1t is reported that the Hidalgo Min
ing company of Parral, Mexico, has
sold out all its interests to Pitts
burg, Pa, syndicate headed by A. j.
McQuatters, the. contractor for $1,000
000 Included in this sale will be the
mines, mills, railroad and timber
lands, in fact, all its holdings.
The Hidalgo Mining company oper-
ates several mining properties in Par
raj and at other points in the state of
Chihuahua. These mines are great
producers and have been operated for
about twenty years. This company Is
n pioneer among American companies
in the state OF Chihuahua.
DEKALB BACK IN MINING
NOGALES, Oct. 16.-Courtenay De-
Kalb, a noted mining engineer who
is known all over the world as having
been through many years the editor
of the Mining and Scientific Press OF
San Francisco, who resigned that po-
sition some months ago to assume the
management Of important and exten-
sive mining and reduction interests in
Sonora, Is now the general manager
for the Compania Metalurgica y Rein
adora del Pacihco, s. A., which erected
the extensive reduction plant at Fun
dicion, a station on the line of the
Southern Pacific of Mexico about halr
way between the Yaqui and Mayo
rivers, and president of the Mexican
American Smelling and Refining COM
pany which owns the lead smelter near
Guaymas, on the line of the Sonora
railway.
Mr. Dekalb was recently in Nogales
and while here said that both his
nj In the market for
ores and will contract TO take the out
put of any and all mines which wish
to ship ores to either smelter paying
spot cash upon delivery at either plant
lead ores at Guaymas and copper
ores at Fundicion. They want partic-
ularly dry ores at both places.
Both plants viii be operated upon
a custom basis, and the policy of the
company is to accumulate at either
place large reserves OF ore so that
when ready to blow in the furnaces
there will be on hand large and abun-
dant reserves sufficient to assure long
and successful runs at both plants.
While the reserves desired are accu-
mulating there will be given each plant
thorough overhauling and such addi-
tions to equipment that they will en-
body all the latest appliances and in
their completeness and effectiveness
they will equal any such plant any
where. At the Guaymas smelter there
will be a complete rejuvenation of the
plant with addition of complete roast
ing apparatus and all other modern
improvements. At Fundicion there will
be installed a complete copper convert
ing plant.
Mr.. Dekalb says the policy of his
companies will be to aid in all legit-
innate ways development and advance
ment of the mining industry in the
states on the west coast of Mexico and
in Sonora particularly.