Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-12-17
STRIKE OF MINERS
BEEN CALLED OFF
AND WORK PROGRESSES


Aio. Ariz.. Dec. 1.-THE strike at
New Cornelia has been called OFT ana
the /, 900 or more men working on
construction Of the great leachlhs
plant. and in knocking down the huge
hin Of carbonate orc lying ALONGSIDE
the town. are busy again on the job
The strike was the result OF a ms
understanding upon the part OF local
labor officials and now that the at
mospherc is clarified and all friehalS
once more the work Of completing
preparations for treatment of the ore
will 20 ahead with fulioua rush
There are 100000 600 tons Of ore III
sight, on New CorncIa ground, proven
by drill and test pit, and this monster
heap of copper content VIII Keep the
teaching plant running to fun capac-
ity. day and night, for twenty-five
years,
The lead alone, used in sealing the
teaching tanks, cost nearly $9oo'ooV'
which will give some idea as to the
enormous scale upon when thlhss
are being conducted in this camp
A model town Of concrete tile blocks
is half built for the ACCOMMODATION OF
the men, and a great bank and STORE
building will soon be ready for oecu-
pancy. a two-storr hotel with lVo
rooms is planned and construction
on it will begin very soon.
Although New Cornelia has pro-
dueed no ore yet, exceptlns te"
carloads of high grade, just to cheer
the eastern stakeholder, the STOCK Is
held at better than $500 and even
the peace scare Of the past week failed
to shake its solidity as a faVorite WIN
the wise copper investor.
Ajo Consolidated, Joining New Cor
nelia on the south, has many million
tons blocked out also, and is con-
trolled by James Phillips, Jr, of New
York. several times millionaire copper
man. 1t is reported that $S,OOo'VoV
was refused for this property about
| two months ago.
A number of new companies are
coming into the camp that was an
old camp in the early days Of high
I grade copper and silver. Among the
latest and biggest is that headed oy
J. S. Amundsen. of Kingman, TINS
state.
Amundsen's associates are mostly
northern Arizona professional, min
ing and commercial men whose stand
ing in the state reaches the highest
in business life. Among them are
| George Babbitt, Of Babbitt Bros. NJ l.
| lionaire merchantmen with string
of stores throughout the state; Arson
H. smith newspaper man for thirty
| wears, owner OF the MohaVe DAILY
Miner at Kiugman, and interested IN
a number OF good mines in several
sections of the country; J. E, Perry
merchant and mine owner for many
years; Judge sapp, of Graham county
present superior Judge; e. T. Elliot
merchant of Kingman, and lot OF
representative men from outside the
state, among them j. C. Cotton, OF
! Gallup.
The presence of these men as in
terested parties does not indicate thai
they guarantee developed mine
That they win be called upon to es'
tablish proper business regime fol
! the conduct Of the mines affairs Is
a warrant that the investor viii ge
an honest run for his money anc
that is all that any investor is enti
tied to in mine venture.
The property to be developed
lies Immediately west of tho New
Cornelia, on the strike Of the ore, ant
is composed Of twelve CLAIMS approx
mating 800 acres of the best groun(
in the district
That It will become one Of the real
" big things in this really big cam.
Is predicted by every one familiar
with the ground.
Bisbee, Douglas, Butte and Eel Past
are taking the first offering of stool
pretty fast, so the management an
nounces, and 1t is understood that ;
treasury offering at very consider
able advance win follow the subscrip
ton issue under reorganization
plan, now submitted to the public.
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