Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1914-12-16
GENERAL UPLOOK TO
MINING INDUSTRY
(From Saturdays Daily

n.lstlc at this time concerning the up
look to the business in this section
of the country. And not only is this
true OF this section of the state, bu
all over the west and southwest, a:
shown by the newspapers.
Within the past two or three week:
a gradual increase in the number o.
prospects being opened up, lease:
taken, sales made, and other activi
ties have commenced to be comment
ed on. Scarcely day passes wher
this is not more and more noticeable
in the columns of the Journal-Miner
One mining man said yesterday thai
he had been particularly noticing the
evidences OF activity recently and
gave it as his opinion that the worst
is about over" All over the mining
country tributary to Prescott, and Of
which this city is the logical center
people owning property, large OF
small, which has been dormant ever
since the European war broke out
and in many instances long before
that time, have commenced to do de-
velopment work and improve the
same. The assayers in Prescott no.
tice it in particular. and have COM
mented on the improved aspect OF the
mining industry, and say they look
for the present momentum to in
crease gradually from this time for
ward until the normal amount OF &C
tivity is manifest. In fact all men
who are watching the industry here
with an interest inspired by the fact
that it is bread and butter to them,
and in many instances a matter OF
supreme Importance in their bust
ness life, see the dawn of the great
est era OF mining prosperity this part
Of the country has ever witnessed.
These men know the causes of the
recent depression and now see those
clouds dispensing. Market condi-
tons, they say. are readjusing them
selves. The stock exchanges are be-
coming more and more active every
day. There is greater spirit in buy
ing and an augmented confidence in
the general business channels of the
country.
Strike in Henrietta
Among the smaller propositions
which look good to those ". no are
the best posted, is the Henrietta
mine. This property. which is an old
time producer to the extent OF hav-
ing won its spurs" as a mine rich
in gold, silver and copper was re-
Gently leased by its owners to
Michael Enright and Paddy" Gala
CHER, two we'll known practical min
ing men, who Immediately went to
work with vim and determination
which usually wins in the mining
game. They took this lease about
six months ago, and within the past
two months have delved into very
rich and apparently extensive deposit
OF orc which discounts anything
heretofore known, so far as the
Henrietta is concerned. While they
have been handicapped from the lack
OF proper facilities to handle this orc
as fast as they desire, they have
taken out a considerable quantity
and now have something like two
carloads ready for shipment. This
orc is said to run S42 per ton in
gold and silver and twelve per cent
i'll copper.
May Improve Property.
As soon as it was manifest that
these two men had struck it rich. y
in mining parlancc, Lon Hall and as
sociates, who are at the head OF the
property and who leased the same to
Enright and Gallagher, saw as never
before the necessity OF the addition
of adequate equipment to handle
the product And it is understood
that they have had some conference
with the leasers, the result OF which
bids fair to be the installation of
modern facilities at the mine which
will make possible the more rapid
extraction of the newly discovered
deposits. The details OF the ncgotia-
tons between these parties. or the
probable outcome, arc not known. In
fact, ono report has it that some kind
OF negotiations are on foot whereby
the ownership may change hands.
However this may be, it in no wise
affects the fact that the Henrietta is
one OF the coming mines of note i'll
this district, made so by the persist
cnt energy OF the leascrs named.
ARIZONA CHAPTER OF