OCR Interpretation

Williams news. [microfilm reel] (Williams, Ariz.) 1891-19??, September 07, 1901, Image 2

Image and text provided by Arizona State Library, Archives and Public Records; Phoenix, AZ

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn82015761/1901-09-07/ed-1/seq-2/

What is OCR?

Thumbnail for 2

The Arizona Mines
Go Down and Improve
WitH DeptH
It lias been the impression among
eastern capitalists and a great
.many mining men, or men that
were supposed to be such, that
while there were a great many
prospects in Arizona that showed
up well on the surface, they would
not hold out well at a greater
depth. What created this impres
sion is something that mining men,
who know to the contrary, can not
solve, for there is absolutely noth
ing to back up the statement that
Arizona mines are soon "worked
out," while to substantiate" the
statement that Arizona mines im
prove with depth, we only have to
point to every mine, in the ter
ritory. The Congress mine, while a very
good prospect on the surface, at a
depth of 150 feet was - pronounced
worthless by men claiming to be
experts, and was spoken of as an
"'Arizona wildcat" mine, but today
at a depth of 3,200 feet it is con
sidered a "bonanza," and was sold
for 15,000,000, the ore being far
better than at the surface and the
veins and ore shoots improving
right along. The world-famous
United Verde was a good prospect,
but ex-Governor Trittle spent a for
tune in trying to prove it was a
mine and would go down, and was
unable to persuade eastern capital
ists that Arizona mines, like a ma
jority of the mines in the world,
improved with depth. - Senator
Clark was sure that it was a mine
and developed it to such an extent
that he refused $100,000,000 for it.
The La Fortuna was thought to be
a good property, but at a depth of
150 feet was not considered to be
worth 100,000, while at a depth of
KX) feet was considered to be worth
2,000,000, and is one of the big
dividend-paying mines of Arizona.
The King of Arizona only brought
$30,000 at a depth of 100 feet, while
at a depth of 500 feet it brought
$1,000,000. The Crowned King
mine was considered a failure at a
depth of 165 feet, while its value
at 400 feet was $1,000,000. In the
great copper district at Globe there
is not a mine that has not larger
andVicher bodies of ore at depths
of 500 to 1,000 feet than when
nearer the surface. At Clifton and
at the great Bisbee mines the same
thing is found to be true without
an exception, that they all improve
with depth. The great Octave
mine did not have a very great
showing on the surface, but D. J.
Jones succeeded in getting capital
ists to take hold of it and develop
it, and more than $500,000 was
spent in development work before
any returns were received, and to
day, with the ore bodies getting
larger and the ore values higher, it
is worth several millions. When
Arizona had no mine development
sufficiently to support the statement
that her mines improved with
depth, capitalists were suspicious of
anything that had the word Ari
zona attached to it, but now, when
we have some of the best paying
mines in the world to back up oar
assertions, they are becoming
aware that in Arizona mines they
have some of the safest and best
investments . that can be made.
Mining is no longer looked upon
as a gamble by our most conserva
tive men, and the mining industry
is no longer denounced as "spec
lative," but business men, banks,
and the public in general, are be
ginning to realize the importance
the mining industry lias to our
national welfare and advancement.
Wickenburg News-Herald.
You get the best job printing at
the News office.
Test of the Fire Engine.
The city fathers tested the chem
ical engine on the plaza last Wed
nesday night to see that everything
is in 6hip-shape for an emergency.
For its size, the engine is all that
can be expected, and the rapidity
with which the flames in the heap
of combustibles were extinguished
after the fire was under fierce head
way, was a revelation to the spec
tators. An order has been placed with
the Williams Drug Co. for a large
quantity of chemicals to be kept on
hand, and the engine, after a com
plete overhauling by Marshal Ken
nedy, will be in readiness for in
stant use in case of necessity.
Geo. U. Young, of Williams, who
has abandoned the journalistic quill
for the mining pick, is again in
Prescott, to look after his interests
in the hills near this city. He feels
very enthusiastic over the future of
the mining industry, and incident
ally says that Prescott has a pros
perous outlook ahead, all due to
the mining back bone of the adjac
ent country. Journal-Miner.
prescription case, every
drug and chemical in the
store, every bottle of patent
medicine on our shelves are fresh
and new. You can not expect
good results from the use of
stale drugs.
A new line of hair brushes,
mirrors, sponges and chamois
just received.
Best Equipped Mill and Box Factory
in the Southwest - -
Saginaw & Manistee Lumber Co.
- TO. F. DERMONT. Cm t Maacr
Arizona Soft Pine Lumber, Timber, Box Shooks, Lath,
Mouldings, Cut Door Stock and Siding
Overfl bw i ng'
wttK tK Lat?,t styi of t-at t r.onn;
Which we are receiving daily and we arc now able to supply your wants.
Just Arrived and Ready for Inspection
A full and complete assort
ment of Men's, Bovs Youths' and
Children's CLOTHING. - ; -
Our stock of Men's. Ladies' and
Chi Id ren's UNDERWEAR, both
in "WOOL and COTTON, have
all arrived.
Ladies' Full-flare Skirts in
endless varieties and colors.
Ladies' Silk Skirts and Waists.
The very latest Eastern styles.
Corsets, Corsets.. Corsets. Re
member, we are sole agents for
txth the Royal Worcester and
the Renowned G. & D. in all the
latest improved styles and colors.
Anything you call for in the
etc., etc., we have now received.
Remember, we are sole agents
for the celebrated Monarch Shirts.
No better to be found anywhere.
GENTLEMEN: We are now
prepared to take your measure
for a fall suit, as we have our en
tire line of nobby samples to pick
from. A perfect fit or no sale.
Don't forget that we carry the
LARGEST stock of Groceries,
and at the right prices.

xml | txt