Bisbee Daily Review from Bisbee, Arizona • Page 9

5wm -j jii mutiiiVwi im jijyft CIRCULATION TODAY 3300 r--y A. -u BISBEE DAILY REVIEW i 3UNUAY ED1I0N. SECTION y.ijsPKNPwssMr i 4NNPWWW VOL XI. BISBEE, ARIZONA, SUNDAY MORNING.FEBRUARY 23, 1903. NO 58 4 a.

i3t' 4 'f Va LOWER PRICE IN HAS NO VISIBLE EFFECT III THE WARREN DISTRICT Copper Queen's Improved System of Handinlg All Its Ores Through One Shaft Is MakingProgress Large Product Expected This Month Calumet Arizona Smelter. Superior Pittsburg Yielding Much Ore. THIRTEEN FURNACES ARE KEPT AT WORK IN THE TWO DOUGLAS SMELTING PLANTS New Concentrator At Nacozari Tigre Mine Is Giving Additional Evidence of Its Great Wealth Other Sonora Properties. The further drop In the price of copper during the past week has shaken faith in the belief that conditions in the various copper camps would be normal within a very suorv time, and puts, off stIU farther the resuming of work In those camps where the cost of producing the metal is high. No other explanation for the drop can be given than a general depression in manufacturing, 'building and other industrial enterprise which would consume the metal.

On the price of copper fell to, 12.12 cents, a pound the lowest mark reached since 13f3 and there has been no material change up to the present time. With, the metal at this level there sre a number of camps which will not be able to operate, the local companies, will be able to continue operations at a small profit. The average co3t of production in the Warren district is less than in many other localities, and owing to this fact throughout the panic and subsequent depression Disbee has held its own. and employed almost the usual number of men. The large surplus of copper metal I which existed a year ago has been I wurxeu oil sieaaii uunug uiai uuie, so that the situation will be very favorable to the produces as soon as there is a betterment in general conditions.

During the depression the local companies have steadily fol- lowed the policy of developing nej. 'rst-a -Sffl SSruS ground, and mocking out ore bodies. tul ZL JiT- i that additions can ei3ily be made so that when the improvement does 1 tX come a much larger force than was ever employed here will be given' employment, and the production will show an enormous gain. The decision of the ShattuckArizo-na stockholders at the meeting held In Duluth to construct a smelter as rapidly as possible, shows their faith in the future of the property, and will undoubtedly lead to the employment of a large force at the mine. Both in the Shattnck as well as in the mines of the Superior 4: Pittsburg company extensive valuable ore bodies will contribute to the total production of the district, which taken with the increased production which both the Copper Queen and Calumet Arizona will have, will go far towards keeping Arizona in the lead of the copper producing states.

1 Material progress has been made during the past week at the Copper Queen in the worR of re-organizing the method of hoisting and loading the ores from the company's various mines, and there i3 no doubt entertained that the new system will be In operation within the next Tour months. At the new power house practically all of the machinery has been placed In of constructing 'the. brick casings for the boilers has 'been completed; the condensers and are in place and the turbines are ready to be connected. Ths only matter still requiring atteu- tlon at-this point Js the air circulat- -sjing apparatus. Jthe fjponipletlon' of.

Jfchich has been delayed owing to the uonarrIvalof some Piping which. Is very The new railroad spur which irf'he-, Jing constructed around tha. southern' end of Sacramento Hill, which will form such arj Important' part of 'new system, as all of the ores will bejiauled over it, is rapidly nearing completion. In the ojrfhion pf Andrew Scott, the railroad contractor, the new -spur will be completeu by March 10. In the underground workings rapid progress is being made.

The central Izing drifts have been completed, and 3rork on other tunnels which will be fejecessary to perfect the system of gathering all ores from the various stopes will be done from tira to time during jthe aext couple of months. The remainder of the material which will be used in the electric haulage sy3tem is expected to arrive In the district within the next couple of weeks. Development work and nrospectlng are still getting a great deal of attention In the various mines, and good, results have followed, these forts." The new Uncle Sam shaft Is attaining depth but there bas been no material change In the formation up the-present time. Superior i. Pittsburg.

Operations at the various shafts of the Superior Pittsburg company during the past couple of weeks have served to open up some very valuable ground, and create a situation In which during: the present month, this company will make the largest shlp- ment to the smelters In Its history. It Is understood that the production from these shafts during month of February will show a of pounds of copper, an amount COPPER I Making Good Prdgress El which will be in excess of that produced by the Calumet Arizona company. 'Extensive high grade ore bodies have been opened up In various portions of the Superior Pittsburg property, and have proved beyond a reasonable doubt, that in the not far distant future this company will rank well op in the class of producers, and probably be successful in a dispute with the Calumet Arizona for second position. The ore bodies which have been opened up have been la widely separated povtlon3 of the property, indicating that there is an Immense mineral bearing zone which has not yet been touched. Very little trouble is being experienced with the water flow, the pumps at the Junction serving to take care of practically all of it.

Shattuck-Arizona and Denn-Arizona. The detailed reports of what was jof and Denn-Ari- zona companies at Duluth on Febru ary 15, which reached the district during the week, have further in creased the confidence of the lo- cai stockhoWers In the future of these corporations, That a smelter will be constructed. and that the work will be commented within the shortest possible space of time has been definitely decided. The reduction plant will liavt- -i ca pacity of 800 tons of ori daily from the mines demand thou. This mtsms to the Warren district tb? emolcy-ment of a larger numncr of miners on the p.opprty than before it its history, and for the c.ty of Douglas big addition to its industrial life, with Its consequent increased population and pay roM.

It is estimated by men well acquainted with the Shattuck property that 1000 men will be employed there as soon as copper reaclrcs a reasonable price, as extensive high grade ore bodies ftave already been encountered and block jd out, awaiting shipment to the reduction works. It was also decided at the meeting to retain B. M. Pattieon, as marat't-r of the Denn Arizona compaay, I-C. Shattuck was selected fo" the management of the Shattuck.

On ac count of the growing 'mportinee of i. i. i. i'i'uv wi io have a manager for each. Tha news I that Pattlson was still to bo in charge cT the operations of Denn proved to be very popular to the 'o-cal stockholders, because of the enviable record he establi3h2d in the development of both the Shattuck and Denn properties since the lime work was started on eaoa.

I'uiler Paulson's direction the Shattuck mine was proved. In a f.horter timet and more' economically than, any other mine in the district, andho history pf work at the Denn has been tha same: A small force of men is vorkibg on the S00 level of the, Shattuclr, development w6rK which was mapped out at the time of the s'Wlb. At the Denn diamond drill operations beng, carried on ta the drift on the 1100 level. Casa Grande Work on the property of the Cwsu. Grands Development 'company, which twas floated by tha Hovlanu Smith interests' zome tew months ago Is progressing steadily, and shipments of high grade ore have already been made to the smelters at El Paso.

The Casa Grande about 30 miles southwest of the town of Casa Grande In. Pinal county, and about miles west of the old Vekol silver mine. It Is pwned by the United Arizona Copper company, but is bonded to the Casa Grande Development company for two and a half years. It comprises forty claims, and was worked as far" back as "fifteen years ago. but during the past six years was idle, until the local capitalists secured tno nona ana resumed development a few months ago.

The shaft is now down 600 feet, and drifts are being run on the 400. 500, and COO levels. In two oT these workings copper ore running 12 per cent and carrying considerable silver has been encountered and several shipments Tiave been made to the smelters at El Paso. At the preswm time there are 100 tons of ore on the dump awaiting shipment. The silver contained in the ores practically pays the smelter' costs.

Although situated 3d miles from the neare3t railroad point the Casa Grande Is worked without any serious disadvantage, that there is a fine wagon road on levtl, ground directly from the prop- erty to the railroad, and the ores are freighted at very little expense. Globe Consolidated. There been little of Interest at the Globe Consolidated property during the. past week, most of the energy now being directed to the connecting- of these two shafts, and the intersecting cf the various veins that are known to exist between them. Up to the present time work on the Globe Consolidated property has been directed to sinking these" shafts and equipping them with modern machinery, so that when the work of cross-cutting and intersecting the reeis Is accomplished, everything will bo in readlnesa to take caro of whatever flow of water may 1e encomueied, and also mine the ores at a small cost.

Within the past few weeks the drifts from the Gem and Boston Shafts, which are 3500 feet apart have been driven steadily ahead, and the next couple of months should see the property in the class of producers. The crosscut on the 1200 of the Gem will connect with the tunnel on the 800 of the Boston. Two hundred feet par month is being made in the from the Gem. There has been na material change in th-formation. The pumps have been installed at their stations in both shafts, but there is practically no water to contend with.

Copper Gulf. At the Copper Gulf property near Silver City, New Mexico, in which local capitalists are heavily interest-ed, development work is being pros-ecuVed with encouraging results, and the final detalU in the reorganization which will bring under the control oi this company more than 1,000 acres of valuable land in that section are- being worked out. The property is situated in, the Burro Mountain district, where the ores of the concentrating variety, so that at the present low price of copper, no shipments are being made, but a large reserve Is being piled up on th'j dumps. la the Virginia shaft, the main working, a crosscut is being run on the 300 level. JU a distance of aboutl 200 feet from the shaft a winze is being sunk, having attained a depth up to the present time of 3G feet.

Tne first 22 feet of the winze went through good concentrating ore. At 35 -feet the same body was encountered again, so that it looks as if an extensive deposit had been encountered. The re-organization of the Coppar Gulf Copper company and its taking over of the big surrounding area is attracting much attention, but little information can be obtained as to the dealls, it will probably take a cou-J ple of weeks more to get everything in "readiness for the transfer. Cojmpany Work on ths I-onc Star shaft is be-Jng prosecuted, depth of 500 feet Hiaving been attained up to last evening There has been no change in the formation which is limestone. DOUGLAS SMELTERS.

has been nothing of special Importanc: to report from" the smelters at Douglas during the past week furthf than constant operation. At the two smelters it 13 estimated haat as many men are employed as ever before. Tho number of furnaces In commission is thirteen eight at the Coppei Queen and five at the C. A. Besides these blasi Turnaces the Copper Queen has one reverberatory furnace In operation which is handling the slag drawn from the converters and also the flue dust and what is known as dust ores.

At the Hmo quarry of the Copper Queen a very complete and efficient crushing plant has been installed and is now in operation. Lime rock bins have also been constructed at the Queen This has greatly facilitated the preparation of the mixing of the. charges for the furnaces. The old plan was to bring the lime Trom the quarry and unload on the top of filled ere. pits where it was evenly spread and broken by Mexicans and after this the lime rock was picked up with I the ore by the steam shovels and dumped Into the cars which carried It to the fumece.

Sow the rurnace feeding cars are first loaded with ore at the pits and then taken under the I coke ana jime rocK Dins tne required amount of coke and lime 13 added to the charge before It goes on to the furnace. An additional ore pit fs being excavated at the Queen smelter which is an indication of preperation for greater operation in the 'future. In the -sight furnaces m. the Queen it is thought that as much of the Copper Queen "ores is being cmelted as at any time in the The shortage in production at the' Queen will be found to be in the absence ot the custom ores which wet-o coming from Imperial, the Shattuck and a great many other smaller properties a year ago when thfe plant was beiug operated to the extreme maximum of iti capacity. It is.tsx-pected that when the new" concentrating mill now being" constructed at Nacozari is completed the Copper Queen smelter will then be taxed to its full capacity.

At the Calumet smelter the work of construction on improvements and enlargements goes steadily on. A large blowing engine is now being set In the new power house. i3e.ddea there are yet two engines to be moved from the old building which i to be torn down to make room for the. building of more furnaces. Foun dations are being built for the converter stands which are to be moved from their present position in 'the plant to the opposite side of the building.

The converters; are now in line wI'Ji the furnaces and occupy the spa where It is proposed to construct two new 500t-ton Tq accommodate the additional convert ers which will be required for the nccoumouura oi ine en argon r.n-ialons the llnes of project to be a new stack will be required nnd Tf -m 4i, uork on this has been commenced. I The C. A. hag all the five furhncca in plant In operation and ihey aro being pushed to the limit of their capacity to handle the increased quantities of ore which Is being mined in the Calumet and Superloi Pittsburg properties. IN THE 'SONORA COUNTRY.

There' has been nothing of importance reported from the Sonora mining flel4 during the week. At Nacozari tne construction work on the new concentrating mill Is progressing well and to the satlttaction pf the company and those who are constructing it undev contract. This mill is rated, in capacity at 1500 tons of ore daily, but those who are acquainted with the character of the ore to be handled and the many modern an economical features of the mill confidently predict that 2000 ions will be easily handled daily. Below Nacozari there Is little now being done in the way of mining. Tha Helen Mining company, operating twenty-five miles southwest of Cum-pzs, has recently Increased Its force and tregular shipments of ore are ndw arriving at Nacozari from that prop erty at the rate cl two and three cars per week.

This property has become somewhatnoted during the past year because of the fact that considerable bismuth has been encountered la the veins exploited. This ore Is very valuable and eight cars of It have bean shipped to I.ierpool, England, which is the best known market for It. The Transvaal Copper company remains idle. This company has a very complete smelting planj. at Cumpas which was operated for more than a year up to the time of the 'financial slump and.

consaqueitt fall in' the price of copper. The smelter was shut down early in October and later work wa3 discontinued in tha" mines. Superintendent Beauchamp, ot jhe Transvaal, went east a month ago and has not yet returned and nothing is k'nowjn about the future intentions cr thecompany. It Is reported that the EI Globo mine, eight miles from Nacozari, is to be started up in the near future. This" property has a stamp mill and an' eliviation plant which was successfully operated for more than a vear up to last fall when the plant was shut down and since then only a very small force has been continued on development work In the mines.

The El Tiger is-working a full force of about 350 men and parties who have recently visited this property and who have been well acquainted with it -since its discovery and through the various stages of its de velopment, are more enthusiastic ove Its great future than ever before. Twelve miles from the Tigre James Taylor, who was one of the owners of the Tigre, is working on a property known as the El Tambloi. This property was denounced last year by Mr. Taylor and hi 'associates and since then development has rovealed some exceedlng-jy high grade -gold and silver pre. Two car3 of this ore has been taken out ot a very fetrong vein and it is now being packed to Yzabel station ror shipment.

F. S. Douglas and B. Bell, of40 previous over-speculation or to Douglas. hae a lease and purchasing bond on the Los' Angeles mine eight miles from Nacozari whore Mr.

Bell is working a force of men. This property laet jear yielded a number of car3 of 'ery rich ore. From the shati three cars of good was taken and shipped to the smelter at Douglas before a depth of forty feet had been reached. At forty foot depta a drift has been runvfortyflve rcet, all In orp. The shaft Is now down 75 feet, bu rious trouble has been encountered a account of the quantities of wa.

which has ap- pea ed. 0 Aerial From Old Silver King Mine To Railroad At Price's Station In Pinal i County Proposed. PHOENIX, February 22. John Mel Caht hns nxriverl here from Pinal oyunty, having come recently from isostorr, and expects ta'meernero any day, one or more of his associates in a project he is the biggest thing he ha3 ever turned his attention to; which he thinks will some day become one of the largest industrial enterprises in the territory He says the negotiators have proceeded to a- point where he feels sure there can be no iltch or failure in the enterprise It Involves an aerial tramway from the old Silver King mine to the P. E.

railroad at Price's station, the tramway crossing practically a continuous which are promising, many of which have beeo well proved and seme of which are already producing, and all of which can find a rail or smelter outlet by means of this tramway, as soon as they have cres for transportation. It also involves the construction of a 50-tcn smelting plant at Price's sta tion, where he now has a finely equipped assay office and a twenty ton sampler, known to all familiar with that country as the McCabe smelter. He siyrs everybody in Pinal county has had his little Joke about the McCabe smelter as the plaything of a man who was rather wild In his plans, but he says he has never for a ininute been operating without purpose, but has always bad a fixed determination lMC ICC.tU IV. tunc v. money to carry It out; however, he nn-ar fools that tha mmov roll! be forthcoming.

He had the project I all but -financed twice before, one of (Coatlnuedvon Page TwelveJ). PflOJEGT FOR WALKER SAYS POLITICS IS RESPONSIBLE Slow Business Situation Is Charged Up To Agitation-Interesting Talk About Various Copper Properties. (By G. L. Walker in Boston Commercial.) The price of copper Is declining.

Lake Is now about 13 3-8 to 13 l-2cents and electrolytic 13 1-4 to 13 1-2 cents per pound. During the past ten days there has ben almost no new enquir ies from consumers. Evidently the Roosevelt message and the Taft and Bryan speeches were wet blankets for the reviving confidence which was making Its appearance In the manu facturing world. Perhaps the President 13 misunderstood, but however thatjniay be, his most recent utterances and this sudden return of the chills and fever to the business ana financial centres are coincident. A week or two ago there was every reason to hope that Washoe and the other big copper smelters would vre-sume operations soc-n.

At present all that can be said is that further business -developments must be awaited. The prospect is that vthe domestic consumption of copper will continue very much restricted for several more months. It is hoped that the foreign demand will be large enough to take care of the surplus from our current volume of production, which. It will be remembered. Is only 60 to 70 per cent of the capacity of the combined smelters of the country.

At this writing the outlook is certainly cheerles; but better times are probably Only a very briet time will be required for a full recovery, after the pendulum starts to go the other way. Everything is now dependant upon a general resumption of business activity, and this Is awaiting the return of confidence Political developments alone are responsible for" the extreme weakness of the stock market -With the prospective candidates of the two leading parties pronouncedly antagonistic to practically all forms of vested capital; their public utterances characterized by Intemperate language and opeu threats, rather than by encouraging, conservative, pactlcal suggestion, It is not surprising that there is a lull In Investment activity en the one hand and heavy liquidation on the other. The vurrent decline is not due manipulative operations. It is plainly the result of heavy seling from safe deposit vaults and strong boxes. I find scores of investors declaring: "I don't like the looks of things.

It does cot seem to me to be wise to 'buck' the White House. I want to be long of When the people wake up and take the thing in their own hand it will be time enough to buy stocks." I very hopeful that a conservative man who will inspire public confidence will be brought forward and nominated by tfne of the leading parties, and that he will be elected. I expect the financial atmospjhere to cnange lor me oeiier soon. uioijc who In the past have bought stocks when the outlook was darkest have made the most money. Though not alL the money he has In stocks now, unless he Is able to pay for them outright, I firmly believe that big prof-Its will accrue, within a year or two, to those who buy amalgamated, Utah Copper, Nevada Consolidated, Cumberland Ely and other "good properties at current prices.

Amalgamated is one of the cheapest stocks en the list. The fact that this stock is declining at present with, the rest of the market'ls not a refutation of the bullish position I have taken on It. When financial sentiment changes will almost surely lead the advance. If should be bought for investment. Js worth twice Its present selling price.

Slnco its gantzatlcn ths company's average dividends have exceded $5 per share annual-, or nearly 12 per cent on 'the present price of the stocks'. Though i Yioa flnrxitiA rn Tlmxr (snrfHAi If Tina been aDh to expend more than OtO.OCO on new construction during the past eight years, has accumulated almost thirty, per cent of the "gross niar-ket Talue of its capital stock In casn: increased it3 investment in the stocks of its suscompanles, and eliminated' the Hciijzo V.Ugatlon Jn Butte, which formerly" iiroximated a million dollars annually. Unless the decline lu the market is discounting the fall of the republic, therefore. Amalgamated should be bought higher prices. There is a pew Interest in the copper share market which is bringing three new factors into the copper producing wcrld.i I refer to -the their associates and their friends, and the Utah Copper, Neva-da Consolidated and Cumberland Ely companies.

In all three of which they own a considerable interest. Apparently there Is good ground for the report that the Guggenheim Interests have been Heavy sellers recently of American Smelting Refining stock, and that the money realized Is to be Invested In the new bonds being issued by the Utah Copper and Nevada Consolidated companies. There Is reason to believe, also, that these interests have been Increasing their holdings of the stocks of all these companies at the low prices Of the past few months. It can be stated positively that these eminently successful business men are thoroughly satisfied that thev have found what will be rtirpft nf ltw erpatpst Conner mines In the world great both in production and dividends. They have employed the best englaerlng talent available, have caused extended and experimental work to be done, until every possible shadow of doubt has been eliminated and the proposition reduced to a demonstrated working and investment basis.

These three mines differ radically from those of the other great copper producing districts of the world. They are unlike the Butte, Lake Superior, Arizona, Tennessee, British Colum bia, or Cananea, Mexico, mines. Their ore3 are, great beds or blanket deposits In granite porphyry rock, and owe their commercial value to ages of ccr-rosian, leaching and secondary enrichment. 'Roughly speaking, these wonderful orp deposits are scores, I might almost say, hundreds of acres in extent. They lie only 50 to 150 feet below the surface, and vary In thickness from 200 ta 400 feet.

The ore deposits an not counted in milions, but in tens ot millions of tons. The ore Is extremely grade, mostly 2 to 2 3-4 per cent but in one exceptional case It ran as high as oper cent it is what is first be treated In gigantic mills in which the reck material is crushed, separated and washed away from the fine mineral, chalcoclte, bornite and cHalcopyrite. which contain the popper, and these minerals are collected as concentrate and smelted. On a 14-cent copper market the gros3 value of the greater portion ot this ore varies from $3.75 to $4.60 a ton. Mining and concentrating costs win De exceedingly low, however.

One cr the companies, now operating, has demonetrated an ability to handle Its ore, refine and sell Its product, at a gross cost of a little more thn $2 per ton of ore. It Is probable that the cost of trtating the ore, which has a vauo of $4.60, will be well under $3.00 a ton. these companies will produce their copper and put it on the market at a cost of abaut 8 cents a pound, which compares with an average cost of 9 1-2 cent3 in the Lake Superior district, 10 1-2 cenis ai Butte 8 1-2 cents at BIsbee, 12 cents at Globe, Clifton and MorencI, Arizona, and about 13 cents at Cananea, Mexico. At the present time one of these companies is producing more than 3,000.000 pounds of copper monthly. By July 1 it is expected that all three will be producing and that they will send 50,000,000 pounds of copper to market during the last half of 1908.

In 1909 they should produce at least 110,000,000 pounds of copperj or half as much as the entire LakeSuperior district, and equal to about 35 per cent of the Butte district, which leads all others In volume of Production. Only a few mines in the world make copper at a lower cost than 8 cents a pound. The capital stock of these companies have a present gross markat alue or $40,000,000. This meana a capitalization of only 37 cents a pound for the copper they should produce next year. With their ability to put out copper at a cost of 8 cents, they will earn more than lf percent on the present prices of their stocks on a 14 cent metal mir-ket.

This means that these coppers are exceedingly cheap now, and that those who buy and hold them will share in tire inconsiderable appreciation in price which is practically sureto take place during the coming year or two. 1PEBTIES Chamberlain Property Said To Be Well Located Tucson Man Talks-of Country After'a Visit to It. Fred who recently mala a trijfi fo the Casa Grande district PinalcountK. with' James Crowley, left We'dnes'day- 'morning with Mr. Crowley on another trip of inspection' in that section, where both are Interested In claims In the vicinity ot the old Chamberlin property, which is now in.

control or tne ouse company. Speaking of the Chamberlin property, Mr. Wilding said it was situated in the best couper section In the ter ritory, which win prove, to be as rich as the Cananea and Jerome, following thorough development. He safd the Chamberlin and adjoining properties would show values as high as twenty five per cent from the grass roots. according to estimates made.

During the former visit of wiming and Crowley they called at theBrow- nell camp, the claims there sold by James Brownell two years ago to which they forfeited by reason of failure to make payments, as also to Incidental litigation. The PennSylva-nians Installed a complete plant at Brownell, to include a 150-ton smelter. This property has not been worked since the forfeiture and Brownell is now awaiting a purchaser, being unable because of lack of funds, to operate the plant for himself. Wilding said that the valley below Casa" Grande wa3 In fine condition for grazing, but In the stretch of 25 miles on which he and Mr. Crowley drove, but few cattle were to be seen The Indians were busy In the highlands l-alslng crpps, which they market at Casa Grands; 50 miles, north of the hills dn the southern edge of the valley below that town.

On the way home Wilding and Crowley passed through Sasco, where they saw the operations at the new smelling plant 6f the Imperial Copper company. They were greatly surprised at the activity prevailing In the new town oa thfe line or the Arizona Southern Tailway which Is owned by the Imperial company. They learned (Continued on Pag Twelve.) 1QUE IKS ARE FAMOUS PRODUCERS Rich In" Silver and Copper, Described In Full By Enterprising Mexican Newspaper. Are Near Orient Railroad. (Chihuahua Enterprise) The Enterprise has often had much to say about the great belt In the Sierra Madras and In the western part of the state, especially in that uortinn th.nt forme i states of Sinaloa and Sonora what wucu ura corner," and Is rich In silver, gold, lead and copper.

No part of the perhaps, Is more heavily mineraliized, and manv of the old districts, like Urique, Zapuri, Guazapares, the now traditional Gloriapan, Chinipas, and many others have poured their millions On millions into the streams of silver that have gone out 'of Mexico, both under the Mexican and the Spanish" rule. It is that section of Chihuahua that helps to form the Corner mentioned which Is especially awaiting the completion of the Kansas City, Mexico and Orient railroad, through the Sierra Madre range, only about 250 kilometers are yet to be built between Sanchez, the present western termP, nus in Chihuahua and the eastern-end of the line In Sinaloa as bnllt-from Topobolampa bay. Already the parts of the road bnilt are causing American capitalists to seek mining investments In the famous old mineral districts, and they are muclx more easily reached. The Enterprise promises a series of articles-about these famous old camps and5 this one will be of Urique. Urique is an old silver camp, tha-cxact date of the discovery of whica-seems to have been forgotten, but it is fully 200 years old, no doubt.

It is located three days mule ride from Creel station on the K. C. M. 110 kilometers west otMinaca. The-editor of the Enterprise was recently invited to visit Urique and started on Dec.

31, 1907. with a. party consisting of Martin Nesbitt, well known mine owner and merchant of tho lilac, Carlos photographer of Chihuahua, and Geo. B. Jacobs, of Chihuahua, general manager of" the Rosario Mining and Smelting the Pilon Mining and Smelting Co.

and the Urique Development all of which three corporations are just beginning operations in the Urique district. Tho party went by way of the Barranca de Cobre copper district, taking four days for the trip instead of the more direct route of three days. The town and district of Urique are situated In the deep gorge of the riv-t of that name, which in its upper portion is called Barranca de Cobre. This gorge is from 4000 to 5000 feet deep at the small Mexican town of Urique, which gives its name to the mineral district. The cantara or volcanic overflow which has covered practically the entire Sierra Madre region, is here eroded, leaving a tract on either side of, and sloping rapidly down to, th Urique river, from a mile to fro miles in width and extending up and down that stream.

The formations are metamorphlc slates and sandstones intersected by fissures and basaltic and andesite dikes. Apparently these dikes have nothing to do-with the mineralllzatlon. The veins are true fissures. The class of ore Is generally suver-but copper which is rich In silver is, plentiful, and there is some gold. In; the past many of the ores were fab-, ulously rich and are now generally ot high grade.

Tho entire district JTor miles up and down the river Is filled' 4th veins of silver varying rroui a. fe.w Inches to- several feet in width. The town of Urique will be about sir miles ride front the Orient rallway; when it reaches Cerrocahua going to- ward the wet from Sanchez, the ter minus at the present time. The road lo tha point mentioned mean'3 that Urique will resume her former glory as In the days of Jose Ma. Beoerra and of the Spaniards, it tvIU De'an easy matter to Build a branch rail-" roda rrom Cerrocahua to the edge of tha Barranca then it isa matter of aerial -trams tq the river belovi.

which is a stream. that will furnish all kinds of water power. On the- mountains above are pineand oak galore. Practically every vein is a tunnel proposition, and it is safe to say that among the numerous vein worked duringthe past two hundred years, the level of the river was not reached by any of them. It is In this rich mineral district that several American companies an: acquiring properties and at least four of them are beginning active operations.

Over 50 locations of new properties have been made In the mining agents office at Urique in the last CO days an'd Tederal taxes are being paid on probably 200 more. Urique can be considered the centre of a mineralized section seventy-five miles In diameter. The companies referred to "above are as follows: Tha Itoharlo Mining and Smelting Co Pilon Mining and Milling Co, and Urique Development all of Hevr York; Mining Co, composed of-Philadelphia capitalists; one or more "companies promoted by A. E. president of 'the 'Orient railroad: a syndicate or-Minnesota andNew York-capitalists that Is organizing two companies to-take over and exploit properties ln- (Contlnued on Page Eleven.) I 11 a.