El Paso Daily Herald. (El Paso, Tex.), Vol. 20TH YEAR, No. 177, Ed. 1 Friday, July 20, 1900 Page: 3 of 8
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I WITHIN THE REACH OF EVERYONE
hUK A onUn I I I IVI EL UINLY.
EL PASO DAILYHHEKALD. FRIDAY.?JUL 20 1900
ISPS
The Public have an opportunity to purchase shares at 25 cent
in the largest Lead and Silver mine in the Southwest. A
mine that will pay large dividends from the starting- of Its
plant. We have all the mineral in eight that we can work in
a lifetime. No one has disputed this fact no one can dispute
It.
Everyone who has examined It pronounces it a mammoth mine
of wonderful possibilities. For a short time only will the
public have a chance to get these shares at any price. When
the treasury shares are exhaustod and the Company starts its
Concentrators and begins to pay dividends the etock cannot
he bad at all. He who is undecided now will then wish he
had acted with promptness and decision and secured stock
when the promoters were giving it away for one cent on the
dollar of Ita actual value.
In the two months that the Company has been developing their
property the work has resulted in discovering all the water
they need and in that time they have mined and
taken out Cne Thousand Tons of Concentrating Ore and un-
covered 16 feet of shipping ore which runs from 50 to 60 per
cent Lead. This showing certainly proves all that has been
written or said about the property.
Parties who fall to take advantage of this sale of treasury stock
of the New Mex'cm Lead Company will surely miss the op-
portunity of a lifetime.
Don't wait expecting a canvasser to call on you for we have no
agents. You must go to the office or write for prospectus to
C. B. James & Co. No. 14 Bronson Block El Paso Texas.
Parties at a distance can send their orders by mail or express
or through any bank.
FOR REFERENCES SEE PROSPECTUS.
Any parties who contemplate purchasing a large cumber of
shares will have their expenses paid to and from the mine if
they do not fled every statement in the prospectus substan-
tiated by their own investigation.
For those of small means there never was a better opportunity to
better their conditions.
A FEW BRIEF ILLUSTRATIONS.
People who do not take the time to inquire into the results of
email investments in large mining properties sometimes will
say: "What's the use of buying a thousand shares in a mil-
lion dollar company? It don't amount to anything." To such
we give a few examples out of hundreds of companies that to
own one thousand shares of their stock wonld mean a sure in-
come of bo small amount which at the beginning of their sale
of treasury stock one could have bonght at a very moderate
sum. Such is the history of good mines under experienced
and faithful management and we can judge of the future only
by the experiences of the past.
One thousand shares of Quincy or Tamarack would insure an in-
come of nearly 86000 per annum. The same number of shares
In Calumet & Hecla would return about 833000 annually. The
Alaska-Treadwell pays about $1600 annually on each thous-
and shares while the Husestake of South Dakota pays 86000.
The Richardson mine of Nova Scotia pays $1250 on eaoh thous-
and shares from ore that averages only about $2.50 per ton.
The New York Engineering and Mining Journal cf February
17 gives a list of 236 dividend paying mines that to own a
thonsand shares in any one of them would mean a very re-
spectable income. As a rule a company sells its first issue of
treasury ehases at a very low price twenty-five cents per share
would be a high estimate of the average so if one estimates
from a basis of first cost he is receiving all the way from 200
to 500 per cent on his actual cash investment. For example
the Le Rol etcck was sold for about five oents per share when
the mine first started; this stock is now quoted in London at
$25. Isabella of Cripple Creek sold as low as three cents per
share originally; it is now worth $1.28 thatls to say. one could
have bought one thousand shares for $30 which are now wor
$1230. The buying of treasury shares when they are being
sold at discount by a good reliable company owning a prom-
ising property is both profitable and legitimate. There are
few avenues of trade that offer safer investments and certain-
ly none more profitable.
We consider the properties of the New Mexican Lead Company
equal in promise to any of those above cited and we take
pleasure in calling your attention to the sale of the second
100000 shares of their treasury stook which has just been
placed on the market at twenty-five cents per share.
Following is our engineer's estimate on the profits the company
will derive from working the mines with a concentrating
p'ant concentrating six tons into one:
A concentrating plant with a capacity of.100 tons every 24 hours
would produce in concentrates 16 2-3 tons daily which would
average 70 per cent lead per ton and 60 ounces of silver. The
value of the day's produot would be as follows:
16 2-3 tons of concentrates at 70 per cent
lead or 23332 pounds of lerd at $4.25 per
100 pounds would bring $ 991 61
One thousand ounces of silver at say 55
cents per ounce 550 00
Thus giving a gross value for each day's $154161
work of
The cost of mining and concentrating 100
tons rf ore would be $150 00
The freight to smelter would be 150 00 300 00
The daily net profits would be $ 1.241 61
The cet monthly profits would be 37243 30
Or about 3 3-4 per cent a month dividend upon the capital
stock of the company.
Flattering as it is the above statement is still underestimated as
the development work in the mine 6hows a large percentage
of ore that will average 35 per cent lead which would at
the very highest estimate only concentrate two and one-fourth
tons into one. This would increase the daily output of con-
centrates and a corresponding increase in the daily profits.
Correspondence Solicited. No Trouble to Answer Questions. Address
New Mexican Lead Company.
1 C. B. JAMES & CO. Financial Agents
14 BRONSON BLOCK
EL PASO. TEXAS
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ROUTE'
Uil E. P. & N. E. 51i
AND
Cloud-Climbing
Will sell dally from May J5 to October 1. 1900
Special Excursion Round Trip Tickets
EL PASO TO CLOUDCHOFT ANO RETURN $5.00
These tickets will be pood going on any day of purchase and
returning on any day (Sunday excepted) during the season.
Will be good for continuous passages going or coming only
and non-transferable. Holder's name will appear on ticket
and must be signed and stamped with the agent at Cloud-
croft at returning train.
H. ALEXANDER
A. G. F. & P. A.
F. E. MORRIS
Agt.
A. S. GREIG
G. S. F. & P. A.
A LIYELY
SESSION
It's Money
In your pocket If the boose you buy or
build la constructed wltb
Building Material
from our yard; and you will make no
mistake If you buy your
FEED AND FUEL
of all kinds from us. Wn carry the best
of everything in our line.
El Paso Fuel Co SST"
Offiice: 411 Santa Fe St.
Gasoline Engines
We sell a Gasoline Engine that
has the least number of working
parts the easiest started and
operated of any in the market.
Suited for HOISTING PUMP-
ING or driving any kind of
MACHINERY.
If your engine or machinery does not
run to suit you CALL AND
SEE US ABOUT IT.
Of The City Council Took
Place La;t Night
UNDERGROUND WORKINGS
Of The City Council Called In Quei-
tlonJBy An Alderman. The Elec-
tric Light Controversy An In-
spector Of Wiring.
10 REPAIR IS OUR SPECIALTY
El Paso Novelty Works
319 San Antonio St.
SI Pano Tex.
If You
want to find a man and
don't see him on the
streets go to the . . .
Gem
Billiard
The . .
Gentlemen's
Resort. . .
Rooms
you want a Nobby and
eat Suit of the best material
all on
NAP J. ROY.
The Merchant Tailor
of El n""
CALIFORNIA STABLES
W. F. OAKPENTER.
Proprletot
Livery Feed and Sale Stable. Horses that
any one can arlve. Special attention (rtven
to Boarders. Opposite Fire Department.
Phone 41 El Paso. Texas.
12 X
H ..BICYCLES..
vaxm aim iivDiivifn
Bicycles Lock? Gasoline Stoves. Ftc.
Bioyole Supplies
C. K. MOHBIS 418 Mess Ave
At the regular weekly meeting of
the city council lat night eleotric
light affairs were of the most prom-
inence. During the disouseijn there
were several brief passages between
the counsel for the International
Electric Light company Leigh Clark
Its technical reprentatlve Alexander
S. Langadorf and Mayor Magoffin and
Alderman John Brunner.
Electric light matters were first men-
tioned when Mr. Brunoer and Mr. Mo-
Dams of the fire and water committee
submitted a report on the condition of
the line construction of the Interna-
tional Lirht and Power company El
Paso Gas and Eleotric Light company
and the Southwestern Telegraph and
Telephone company. Mr. McDuffie
scored the first two companies for the
condition of the wiring system through-
out the city. The report showed that
the poles were much lower than they
should be and that as a result the In
sulation of the wires was dainfd by
coming in coutact with tfce bratici.es of
tbe trees.
Mr. Brunner reported that such be-
ing the case it was only a question of
time when an accident would result. All
ihrt would bd necessary In his opluioa
was some person to place his hand on
the trunk of a tree after a rala to re-
ceive an electric shock which would re-
sult in death.
In connection with the International
company the report say: "In the alley
between tbe Bronson block and the
Astor House one of the p-imsrv w'roa
parses within an Inch of btovepipu on
the Astor building. An abrasion of the
insulation covering of this wire caused
by the same swinging in the wind
against the etoveoire would result in
an electrical contact between tne pipe
and the wire and any perron touching
the pipe would probably receive a shocu
which might or might not kill."
In regard to the El Pa-o Gs E'cc-
tric Light and Power company the re-
port further say ''The wires of all
clroults sag dangerously low between
the poles. There peetns to bo a cum-
ber of circuits which carry no current
aod these are in a dilapidated condi-
tion and abound in swinging ends
cross connections and grounds which
a-e a constaat source of danger to life
and property."
The Southwestern Telegraph and
telephone company's lines were said to
be in good condition.
Mr. Brunner on behalf of his commit-
tee also offered tbe following resolu
tion looking to a complete investiga-
tion of the condition of all electric
light poles wires ond other appliances
in use in faso as a means of deter
mining what steps shall be taken for
tbe safety of life and property in the
city:
"Be it resolved That a competent
electrioian be employed by the city of
El Paso to carefully examine tbe
poles and wires established by the
electric light companies along tbe
streets alleys and buildings in said
city and report to the city counoll as
soon as practicable the condition of
the same and all eleotric appliances
used by said companies with reference
to security of life and property; and
also to investigate and determine into
the electric lights which have been
and are now being furnished said city
by tbe International Light & Power
Co. under its contract with said city
and report to the city counoll whether
said contract is being fully complied
with by said company in furnishing
lights to said city and if not in what
respect there is a departure from the
terms stipulations and conditions of
said contraot."
It was deolded on suggestion of Mr.
Badger that the committee make a
further investigation and report at the
next meeting on the salary or fee of the
electrician and the cost of such inves-
tigation to theclty. Mr. Burton thought
that it might be difficult to obtain a
competent electrician and belinved
that the cost of testing electric light
property should be divided between
the various electric lightcompanlea and
their patrons. He believed that users
ot the current would not object to bear-
ing their share of the cost. The value
of having buildings wired unJer the
supervision of a competent engineer
was recognized.
Acting City Attorney Beall stated
that in view of the report which bad
been made the cltv is clearly liable
should any accident result from im-
proper electric wiring. The report
was on motion however deferred until
the next meeting.
Mr. Brunner then made a second
eport on the bill of the International
Electric Light company which had
been referred ata previous session. It
reported that on June 23d forty-three
street light? put up by this company
were in operation; July 1 fifty-nine
lights and July 15 sixty light the
number called for in the contract. The
contract also called for lamps of 2000
candle power while tbe report
charged that all street lights fur-
nished by the company were not more
than 1200 or 1400 candle power. It was
stated that the exact degree of power
could not be ascertained and it was
recommended that a photometer be
purchased by the city for testing the
power of street lights.
This report brought the counsel for
the International company to his feet
with the request that the council hear
a statement from its electrical expert
of St. Louis. Mr Langdorf then read
a report of the committee which passed
upon the case of the cities of Colum-
bus Ohio and Boston Mass. and tbe
electric light companies there explain-
ing that while the term 2 000 candle
power had been used In the ctr tract
there had never been a lamp of that
power made and that such a lamp was
merely one which required 450 watts of
electrical energy for its operation.
He explained to the aldermen that
the term 2000 oandle power was mis-
leading and stated that the power of
arc lights was measured ia terms of
watts and that such a lamp could not
be tested by a photometer as the cur-
rent of aro lights is alternating and
different results would be obtained by
different people. In other cities he
said it had been decided that a 2000
candle power lamp was one requiring
450 watts for its operation and that his
company was now serving to El Paso
such lamps.
Mr. Brunner insisted that the con-
tract called for lamps of 2000 candle
power and that no mention of watts
had been made. Mr. Clark Quoted the
clause in the contract covering that
point and Mr. Brunner called for the
contract and demanded that it be read.
The oontraot was shown to call for a
light of "nominal standard 2000 candle
power."
Captain Beall explained that the
laws of Texas were different from
these of the states in which Mr. Langa-
dorf stated 450 watta meant 2000 candle
power and he admitted that while
that might be so in a commercial
sense it was not necessarily so from a
legal etaodpoint.
-'Nominal can mean anything"? in-
quired Mayor Magoffin. "How are we
to know when tbe city is getting 450
watts admitting for the sake of argu-
ment that 450 watts is equal to 2000
candle power? You state that a pho-
tometer is of no use in measuring the
power of an are light." The expert said
there were instruments at tb power
bouce alwars open for inDcuon but
the mayor thought it would lo miner
expensive to keep a man there all the
time.
The report of the committee went
over until the Dext meeting.
A letter was read from Frark B.
McElroy of Chicago petitioning the
council for a telephone franchise to
run for thirty years. The price to be
charged would no! exceed SS.'lO for
business 'phones and 820 fjr residences.
The petitioner desired the fraoehise
to be granted so no trouble would be
encountered ia transferrin? it to the
company to be organized under tne
laws of Texas. Referred.
Alderman Badger reported favor
ably on the petition cf the El Paso
Commercial company asking the open-
log or a street between blocks II and
12 of S'lDpet Heights addition and the
opening of an alley tbrongh block 12.
As the only othe r nronortv in that
locality held by W. B. Brack was not
affted the petition was granted.
When the question of the smelter
road came up there were several spirit
ed arguments. Mr. Badger reported
that from the last account the Santa
Fe road had refused to take anv furth
er action In tbe matter. He proposed
that the bids which had been reoelved
for the work be all rejected. The
motion was put in the form of a resolu-
tion and resulted In a tie vote. The
mayor voted In the affirmative aod
the proposition was carried. Mr. Bad-
ger further moved that the work be
done under the supervision of the city
engineer at a cost of not more than
23 cents per cubic yard.
Mr Burton created some excitement
by saying that there was more schem-
ing going on in the council chamber
than he had ever seen before and he
was surprised he said at the manner
in which some aldermen including the
mayor had voted. He declared it was
the intention of some parties to show
favoritism in building the road.
Mr. Stewart also believed that the
city should accept tbe lowest bid which
had been offered. Mr. Badger's motion
was lost and a resolution was introduc-
ed calling for advertisement for new-
bids. Mr. Badger suggested an amend
ment providing that a $250 guarantee be
posted by the bidders. Tbe motion as
amended was carried. The following
bills were allowed:
Fire department $ 141 85
Police department freight 25 24
Ice for City hall 16 70
Water 1058 83
Telegrams 9 86
P H Bennett 5 00
El Paso Transfer Co 140 80
Payne-Badger Coal Co 3 75
Hauling ballot boxes 1 00
Pioneer Marble works 5 00
San Antonio meat market for
feeding alligators in plaza.. 4 25
Fenohler Bros 10 77
J J O'Neill 35 60
0'3rion Coal Co 273 75
R D Richey 3 75
News Publishing Co. 2t 00
Hilberto Acosta 150
Tuttle Paint & Glas Co 2 15
El Paso Times 22 00
Henry Breiten 7 00
California stables 8 50
O T Bassett & Co 3 36
M H Webb 4 00
Star stables 19 50
Samuel Schutz & Son 3 00
Kelly & Pollard 30 05
HBCharraan for killing 66
dog's at 50 cents each 33 00
T J Holland 4 00
A K Albers & Co 1 80
H H Da Lancey 1 00
Street department 1450 00
A resolution was read from the Tex-
as teachers thanking the city of El
Paso for their entertainment here dur-
ing the convention.
Shoes given away at prices now sell-
ing at Meyers 207 El Paso St.
IIGI3IHG
Painful unsightly eruptions scabs anc
scales itching sensation prickling pains-
thin diseased blood bumps and dirtj
specks on the skin pimples boils pal
skin eating sores and ulcers skirf anc
blood humors cured ov taking Botanit
Blood Balm (B.B.B.). All the sores quickl;
heal and blood is made pure and rich by it;
use. Deep-seated obstinate e.-.scs tha
resist Doctors and patent medicine treat
mentyield to Botanic Blood Balm (ii.B.B.)
The most perfect Blood Purifier 3
years old. Try it. For sale by Druggists
SI. per large bottle including complet
directions for home treatment.
Send B cents to psr postage on Vretm Trim
Bottle. BLOOD BALM CO. Atlanta
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Slater, H. D. El Paso Daily Herald. (El Paso, Tex.), Vol. 20TH YEAR, No. 177, Ed. 1 Friday, July 20, 1900, newspaper, July 20, 1900; El Paso, Texas. (https://texashistory.unt.edu/ark:/67531/metapth297472/m1/3/: accessed July 7, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; .