El Paso Herald from El Paso, Texas • Page 6

THURSDAY, 21, 1907. EL PASO THURSDAY, MARCH 21, 1907, MUNDY HEIGHTS MOST IMP Highest Grade of improvements Prices Allow you to IViake fVioney on Resale Section with a Future H. 1 p. 0. Box 432.

El Paso, Texas Write one day in advance and I will call for you in a carriage. MINING NEWS SGi ERECTED In the Early Days This Camp Was the Mecca for Prospectors and Seekers of Fortunes. panv, headed by judge Charles. M. Bruce, who is also president of the National mining exploration company, composed of Boston capitalists, has taken over a group of twenty-one claims adjoining the old McMillan property, and development work will be started at once.

Supplies and machinery will be received over a good wagon road from Rice. The McMillan mine was in the; early days of the camp one of the silver mines of the district, and It is believed that ore ranging high in silver and copper will be develi)ped in a short depth from the surface. The company has been formed with a capitalization of $1,500.000, with $1 par for the sliares. Globe. March Basin, twenty miles from Globe, which in the early days of the camp was the Mecca for prospectors and the seekers of fortunes through 'the medium of silver, which In those days selling at over $1 an ounce, indications of resurrection, and interest In that locality, long since dead among the old-timers in the district, is being revived by more recent arrivals in the local mining field.

At least two companies will soon be organized for the purpose of developing properties in the basin. The Boston-Arizona copper A Wonderful, Harmless Treatment that Absolutely Stops the Tobacco Habit in Any Form. Send for a Trial Treatment To-day. The tobaoco habit is a curse, and every man knows it. Some it.

Most men would like to quit, if they Knew they could do it without causing them discomfort. is a treatment that make the smoker and the chewer absolutely quit for good the use of tobacco in any form. The Start, You know ATbnt the flnish will be unless fure him of Ibe awful habit. Hi can not dft, It himself. Tobacco deadens the brain, atupefies the conscience, ruins the affections, brings the beast to the surface.

It takes only ten minutes for tobacco to change the boats of the heart. To keep it up is to tempt death by heart disease, nervous collapse, tobacco cancer, and stomach, liirr or kidney diseases. is a positive, for any tobacco habit. It is a vegetable remedy, and any lady can give it secretly in food or drink. It is liarinless; leaves no reactio or ad after eiTec'ts.

and it stops the habit to stay stopped. -Mothers, save the roung brain, he cannot do it himself. Wives sisters and sweethearts, help save the mind, body and future of some ojie who is near and dear to you. Without your help it may not be done. FRFK rACKAiiE If you fill out tlie blank lines lielow with your naiue niid i-ut out coupon and send it to us.

we will send you absolutely by innil, in phiin wrapper, a trial of You will thankful ns long as yon livf that you did it. Kocrers Drug- and ('lieinieal 1241 Fihu and Race iiati, i)hio. Oaxaca, March idea of existing conditions in the Taviche of this state may be had from the know'ledge that there is at present a solid tract in the center of the camp comprising 3.000 pertenencias and forming a solid block without an inch of free ground in it. This does not include, of course, many large denouncements which reach away from the center in every direction. Lying between El Chive and the Baldomero mine in one direction and the Portillo mine on Iron mountain and Rio Hondo in another direction, is a tract of some 7,500 acres of the richest mineralized land in the state.

It is this which is comprised in the 3,000 pertenencias mentioned. The tract represents only the heart of the camp, where many mines of great value are working. To the state, in taxes from the denouncements, the revenues from this camp amount to thousands of dollars. At the present time the Parran and Nochixtlan mining districts are attracting unusual attention and interest, and although the activity in that section of the state has been of a quiet nature, it has been indeed considerable. Hundreds of burros and pack mules leave the town of Parian every day for the mountains, where prospecting and actual work are bath going on.

The amounts of supplies leaving the station daily are matters of comment. Often these pack trains consists of twenty and thirty mules carrying great quantities of outfit and necessaries for miners and prospectors. The greater part of the development w'ork is going on in the Mixteca country, which is surpassing that of the vicinity of the railroad at present, and great results are looked for by the many who are interested in this part of the country. Mining men of this city are now digesting the contents of the Doran bill which lately passed the Arizona legislature and w'as signed by the governor, after strenuous opposition upon his part. A new method of taxing mines has been agitated in Arizona for the past two years and culminated, in the introduction of a bill by president Doran of the council.

The bill provided that mines should be classed as producing and non-produjing; that non- producing mines, when patented, shall be taxed according to the present plan of acreage value; that producing mines (the annual output of which equals $3,705) shall be entered upon the tax rolls of the different counties at an assessed value of 20 per cent of the gross value of ores extracted, the value to be ascertained frdm information furnished by the mine owners and verified by the assessor, and that this valuation shall be additional to the valuation of any surface improvements. Governor Kibbey opposed the bill, contending that a tax upon output was undesirable, if not unconstitutional, claiming instead that the taxation should be assessed upon selling value. The advocated a continuation of the prevsent several counties enrolling each its own assessments as instructed by the territorial board. He would have a copper mine assessed as is a block of realty and asks only legislation which shall give more power to the territorial equalization board to correct defective mine assessments both as a basis for the territorial tax and the county tax. The issue therefore is upon the justice and propriety of mine taxation based upon the value of output or of taxation upon the gross value of the mine as a property.

A bullion tax bill is not an experiment on the part of Arizona, a bill which placed a tax of $2 on each $100 of taxable value of the net proceeds was repealed twenty-five years ago. Undoubtedly the best way and correct method of taxing mining property is on a basis of the value of the ore or bullion produced from yeiir to year. An official of the Greene-Cananea company stated yesterday to a Herald man that in his opinion that a tax on bul- tion or value of ore bodies Is prob- because it is the only definite means of securing definite valuation. The value of the product can easily be determined while the value of the mine when determined by cost of reproduction or value fore bodies is The consensus of opinion among the local legal fraternity is that a tax based upon earnings or output is far more jeasonable than a tax based upon the cost of reproduction. The following are the most important sections of the bill: 4.

The total amount of taxes, to be ascertained as hereinafLer provided. Section 4. It shall be the duty of the assessor to ascertain the value of these products as follows: He shall compute the value thereof based upon the average market quotations of each of such products in New York city as evidenced by some established authority or market report such as the and Mining of Xew' York city, or any other standard paper the market reports for the next preceding year and 22 1-2 per cent of such gross value in money shall constitute the total amount upon which the levy of ta'xes for the current year shall be fixed and made. And said assessor shall return 22 1-2 per cent of such gross value as the assessment upon which the levy of taxes shall be made upon the claims covered by said statement. Section 0 In the event of the owner of a'ay productive mine or mining claim being dissatisfied with the valuation fixed by the assessor or by any board of equalization, such owner shall have a right to appeal from the valuation as finally fixed, to the district court of the county in which said mine or mining claim is situated, in the manner provided for in paragraph 3876 (sec.

45), revised statutes of 1904, and subject to all the conditions and requirements of said paragraph 3875, including the prepayment of taxes. The only issue to be tried by said court upon such appeal is whether the true average value, according to quotations above mentioned, was correctly found by said assessor, and whether the statement tendered by the owner of said mine or mining claims or the assessment thereof or the yield of said mine or mining claims, for the period covered by the statement is true and correct. Twenty- two and a half per cent of the value so found by said court shall be the basis of taxation. Section G. The value of a nonproductive patented mine w'ithin the meaning of this act, for the purposes of taxation, and ol all mills, machinery appliances and improvements located thereon shall be ascertained bv the assessor for the county wherein the same are located in the same manner as the value of other property is ascertained by said assessor, and the same rate of taxation shall be levied as is levied upon other property in the same county; provided, that all non-productive unpatented mines or mining claims shall be free from taxation; but nothing herein shall be taken or understood to exempt from taxation any mills, machinery, reduction works, appliances, or Improvf'ments, located upon said non-productive, unpatented mine or mining claim.

One of the most favorable features of the bill is that It almost doubles the revenue now received from all property in the territory. The passage of the bill and its becoming a law can be attributed largely to the able support given the measure by the press of Arizona. it City Real Estate EDITION A ll who have property to sell should make arrangements to use the columns of The Herald on March 27. That edition will thoroughly the city property market. All who want to sell real estate, improved or unimproved, should telephone for one of The advertising men for the purjoose of learning all the facts about this edition.

Spring is rapidly approaching and many families are considering the purchase or building of homes. They are in condition to read and consider advertisements. The Herald reaches the people, and real estate men have learned that it brings best results. If you want a buyer you must meet your man, and an advertisement will bring you together. Call Bell phone 115 or New phone 1115.

TWIN BUTTES PLANT TEMPORARILY SHUT DOWN Tucson. March plant of the Two Buttes mining company is temporarily shut crown for the week, and the miners are idle. The shutdown is necessary for the taking of an Inventory which captain mott requested previous to his assuming charge. C. R.

President. J. C. Lackland, Jos. Magoffin, J.

H. Russell, Asst. Cashier. THE DAILY EECORD STATE NATIONAL BANK ESTABLISHED APRIL, 1881. CAPITAL, SURPLUS AND PROFITS, ei 5 A Legitimate Banking Business in all its Exchange on all cities of the Usited States bought at Par.

Highest Prices Pai tor Mexican Dollars. It Is Known as the Cananea Arizona Consolidated Company, With a Capitalization of $5,000,000. Sick Globe, March is understood h'- re that a company will be formed known as the Cananea-Arizona consolidated copper company, capitalized at will be formed to develop the properties which were lately acquired in this district by Samuel of Chicago, who was to represent a group of eastern capitalists. On March Mr. Osgood, who is a mining engineer of considerable repute, through etiorts of Alfred A.

Colin, Globe, and Cliarlcs Purdon, of Douglas, iwc of claims adjcining the Arizona commercial, the Globe consolidated and the Superior and Boston properties. The claims are divided Into groups: one Is known as the Coloni.s-Doyle. consisting of six claims, and the adjoining claims known as the Trojanovich group. The jmrchase price was $285.000, and the first payment is due May 1. The compr.ny is formed to develop this propf'fty this acres of excellent mineral land in the Cananea district, part of which adjoins the Greene Cananean company.

This property was acquired by Mr. Osgood previous to his visit to Globe. It is natural to suppose that Mr. Osgood is representing a lavge amount of capital, which intends secure the very best property for th? purpose of making a mining company of the first rank. It speaks well of this district that they saw fit to Invest almost $300.000 in developing its mineral resources.

Durango El Paso Foundry and Machine company to Delia Lane and Michael Connecton, the south 10 feet of lot 188 and the north To feet of lot 189, in block 47; consideration $10.000: iVIarch 20, 1907. Highland Park C. Farmer to Murphy Walker, lots 1. 2. 3, in block C2; consideration $350; March 13, 1907.

East El El Paso Town company to Walker, lots 5, 7, 8. in block G9; consideration $600; March 19, 1907. A. E. Brown to J.

H. Smith, the south 22 feet of lot 13, in block 117. of addition; consideration $21; March 19, 1907. August G. Andreas, President.

Ben P. Michelson, Vice President. R. M. Mayes, Cashier, CITY NATIONAL BANK NO.

2 PLAZA BLOCK. EL PASO, TEXAS. CAPITAL STOCK, $100,000.00. Special attention given Savings Accounta. Four per cent interest paid on Time Deposits, compounded semi-annually.

Accounts may be opened with a posit of one dollar. Safety Boxes for Rent. Mexican Money Bought and Sold. U. S.

DEPOSITORY. FIRST NATIONAL BANK fiSrs. Gora B. iillsr Makes a Fortune Started a Few Years Ago With No Capital, and Now Employs Nearly One Hundred Clerks and Stenographers. I'ntil a few years ago Mrs.

Cora B. Tviiller lived in a inannpr to that of thousands of other very poor woinon of the average town and viilnge. She now resides in her own pnlatial residence, and onsidered one of the nx'ist suecessrul business women in tlie United Slates. OF EL PASO. UNITED STATES DEPOSITORY.

OFFICERS AND DIRECTORS. Joshua S. Raynoids Ulysses S. Stev.art.....................Vice-Pres. Joseph F.

Jno. M. Cashier W. W. Turc 23 Capital 300,000 Surplus 60,000 DEPOSITS 2,500.000 An Egg Producer of Proven Worth Is Oiir ECYAL MIXED CHICKEN FEED.

1 1 Composed of Wheat, Com, Oats, Millet, Oyster Shell and Sun FlowtxSeed. Feed this and Icrease Your Egg Supply. FRAHKLm BROS. ALL GROCERS. Boll Phonos 367-348 Aiito Phone 1348 BUZZARD SHADOW AND OLD TIMER Morenci, March New York-Arizona gold and copper company has been organized to develop the Buzzard Shadow and Old Timer group of claims located about three miles of this city.

Most of the development work thus far has been on the Buzzard Shadow and Lillian. There Is a large quantity of high shipping ore on surface on tlie different claims. The Buzzard is seventy-five feet and has plenty of high grade ore at the bottom, the smelter returns of two shipments from El Paso bringing $500 to the ton. The Jjillian has a tunnel in 300 feet and shows a large body of low grade ore which looks very prom- Lslng. In the Old Timer group the Louise is the prettiest prospect in Uie country.

It is down twelve or fourteen feet and has an ore chute about three feet wide from Avhich ore was taken that averaged $100 in gold, silver and copper per ton. This property is situated in ihe lowest part of the Morenci gold belt and from the development thus far made show's that the grade of ore improves with depth. The last sample assayed $91 in gold, $94 in sliver and 26 per cent copper. If weak, iiervoTis, cannot sleep; indigestion, lieacl- aelie, neuralgia or periodic pains, it is because Your nerves are weak. It is the lack of nerve force that inakes the stomach, heart, lungs, work sick.

Dr. Xervine cures the sick when it restores slrength, and puts the 1)ehind Hie organs to do their work. yenrK suffered from nervou.siu>s.‘<. palpitation of the heart. I could not eat or sleep Vvith eomfort, or walk or talk v.ithout AUoKether in a bad eondltion.

My doctor did seem to do me any hnd tried HO many rorneclic-'P that I did not havo much hope of any of them doing: me any Dr. Xvriiue was 5UK.iTf“-ed a friend. grot rrliof from tlio first, and after a f'nv days I folt like II npw It not only relieved my lieart and but has rny whole sy.strm. I am vei-y grateful becausc since 1 linve slopped u.sing: it. 1 hnvo hnd no return of my old IvIIlS.

jiOWAIll) FORD, CO Summit Dr. Nervine is soid by your drugpist, who wil! that the first bottle wiii benefit. If it fails, he will refund your money. Miles Medical Elkhart, Ind LUMBER CONTRACT ENLARGED Boston, March original contract which the Sierra Madre land and lumber company held wiih the Canenea consolidated coppf'r company has been enlarged, so that at the present time the lumber company has a contract with both the Cananea copper com panv and the San Pedro copper company by which the copper compariiiss agree to take for a term of twenty-five years at market prices at the point of delivery all the timber and lumber ihey use. It is estimated that the effect of this new or revised contract will be to increase the yearly gross lumber sales to those two companies from $1.000.000 to $2,000,000, out oi wlilch an estimated net profit of $800,000 will be realized.

Tlie Sierra land and luml)cr company has recently acquired 000 additional acres of timber land, making its present holdings 2,525,000 acres, probably the larg'est tract of timber land under (me control in the world. The company has issued $3,000,000 0 per cenf first mortgage bonds, besides which colonol (Jreene and associates have subscribed to $2,000,000 debenture bonds, the proceeds of M'hich will furnish w'orking capital and pay for railroad equipment already ordered. Additional lumber sales outside of the already assurt'd by contract have been esti- mated $1,000,000, making a total gross l)usiness of about I yearly. Mrs. New Residence, Earned In Less Than One Year.

Sovoraj ago 31 rs. Milter learned of a mild and simple prcpaiation that cured herself and iriends of fe- weakness snd She was bo- siged by so many Avomen neoding treatment that she decided to furnish it to those who might call for it. She started with only a few capital, and tfic remedy, pos.sessing true and wonderful merit, cures doctors and other remedies failed, the demand grew so slie as several times compelled to seek iruor quarters. She now occupies one ci the largest office buildings, which she owns, and almost one hundred and stenographers are reqtired assist in this great business. Ptiillion Woman Use It.

than a million women have used Mrs. remedy, and no matter where you live, she refer you to ladies in your own locality wiio can and will tell any sulterer that this marvelous remedy really cures women. Despite the fact that Mrs. business is very extensive, she is always willing to give aid and advice to every suiiering woman who to her. She is ft generous, good wotnan and has decide 1 to give away to women who have never her medic ine $10,000.00 worth Every woman sniTering with pains in the head, back and bowels, bearing-down rreeping sensations up the spiue, melanchoiy, desire to cry, hot flaKhes, or piles from any cause, sliould ait right down and send her name and address to Mrs.

eora Miller, -luOS, Kokoiuo, and recrive by mail (free of ciiarge in plain wrapper) a r)0c box of her mar- vidou.s medicine: also her valuable book, which everv woman should have. Remember, this olTcr will not last long, for thousands thousands of women who are suffering will take advantage of this genetvius means of getting i ured. So if you are ailing, do not suffer another day. bir send your name and address to Mrs. Miller for the hook and medicine before the $10,000.00 worth is all gone.

Crocker-Wheeler Lidgerwood Brownell Boiler and Engine Samson Crushers, Leyner Rock Drills and Air Compressors, Elspass Mills. DeLoch Mills and Pierce Amalgamators. Represented by H. L. Roper Co.

ENGINEERS, MINING MACHINERY AND SUPPLIES. H. L. ROPER CO. 323 Trust Bldg.

El Paso, Texas The Most Select Hotel in the Southwest. European Piai $1 to $3 Laroe Ro 0 Best meals served in the city. Regular lunch 11 to 2. Regular dinner $1.00, 6 to 8. Service also a la carte at popular prices.

Concert on Sunday, Tuesday and Thursday, 6 to 8. Grill room open till 12 at night, with the very best the market affords. The management is prepared to serve at private residences, lunches and dinners, in the best appointed manner. LUmi LUMBER! LH! CAPLES LUMBER COMPANY Corner Texas and Octavia Phones; Bell 242 Auto. 1242.