Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1914-01-15

of nuanDlai conditions than ever bee
.ote Boo tho HISTORY of mining.
% g. Hoover one of dnr most
prominent and conservative mining
rug.uourH make. tho foilowinp proc
dIDIou "lf thD growth or demand
continues through ihr next go wears
Boa ratio Goo fho rlst three decades. the
annual demand for copper VIII be
over iupu,OuU tome uf lead. over D.
sou 1nn tons. of Hpeit,r sos. goo toms.
Uf 600 300 600 tons where such atu-
ptndous amounts of these METALS are
tn come frum ui che present guugc ~
prices. ur oven with rrduccd cost OF
production is Ser bcsond nuy appsr-
'ut source of supply
90 o. evident with these Figures bo-
fore ua thar production bins Rot to in-
oroaHr ana prices advance There
fore . say that mining. us I'm lnvcst-
mcnt viii bring bigger ANA quicker
returns than amy other line az bust.
mess Chat Boz open Goo both the large
and maI investor. But mining
prnpu .IIInus must bo conducted under
tho euurrN .siuu OF thoroughly uuu.a
iiod Hud dependable mon. fur mining
Today Boz moro uf SCIENCE than nn
utf mud rule nf thumb methods cum
NOT Wud uul nut hivng satisfactory
r'Huits except perhaps Doc tho ease
off vDr hlgh grade ana fuvurnhiy
siiuntod d'positn where the margin
is sn rr'ut that % VIII rXcrcd nuv
possible error that may br mode. such
deposits tro frw Hud tor between and
. q H... a..
IueiiicH rather thun Legitimate minlu
There are vast areas ia she south
H.ft particularly Boo Sew MrNbu. tha5
have hardly been scratched. and
which undoubtedly contain large nnd
valuable deposits uud ln tho next de-
cudo We should see Sew Mrxlco well
started towards the head OF the coll
umn VT metal producing untoa
Sew Mexico has boon very unfnrtu-
uHtr.in-au- as ia has had rather "A
bad name among the mining Interests
"f the country This has heen caused
Dos thu attempts Geo operate hy ignor-
amt und Zoo SOME yasos dishonest OPP
orators aud wildcat promoters. aud
mot because OF % hack OF mineral de-
posIts ignorance has perhaps pluy-
od % grutcr part in mo failure of
tniH state goo take Does proper place
among tn' metal producing states
thHn uuy other single factor lEd
perhaps Geo greater extent than IN
amy other section Of the country
There arc many honest ant sincere
owners thnt ave attempting Co place
thr.r properties ON paying basis
hut because they have not employed
% competent ana fully qualified man
to take charge Of their operations.
they are making miserable failures
and losing large sums ct their own
ana their associates hard earned
money There are many good prop
critics in the state that would have
paid handsome dividends under Of
rcicnt management but for lack OF
such management have nearly hank
ruptcd the owners and stockhplders.
There are few notable examples
of properly conducted ana dividend
paying mining properties in New Mex
leo but these are only small por-
ton ~ what we should have and what
there win eventually be-
Mining Is not the mere digging OF
Investor realizes this aud demands
that his Investments bee handled by
component mru thr cgotisticui own
cH Nul quit httug penny wise ana
dollar foolish. ana pace competent
engineers iu chur'r Off their opera
t.ons. when $50 stop 10 consider that
70 tnkcs y"are Of study ana hard work
q" qualify man Co take charpc uf
mining operations. is q rolsonai H. w
logical tu suppose that person who
ls Interested in mining only ls side
Issue ul his regular business 0r pru-
icssion, can obtain satisfactory re-
sultsf Decidedly mo- when the lea.
weston and Hockholdor demand ana
insist tina, their mining Investments
hr handled ny efficient cnrinecrA
thoy win have little 60 regret and
realiz" the benefits that arc Justly
theirs.