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Cerro Colorado Silver, Arizona
November 1999 by Edgar B. Heylmun, PhD
It was the first mine developed by Americans in the Cadsden Purchase of 1853. A number of small near-surface mines had been operated by Spaniards and Mexicans in the region prior to the arrival of Americans, going back as far as 1740.Melman on Gold & Silver
Most American markets greeted the first few trading days of the new year with substantial selling. Compared to their 2004 year-end levels, by January 11, the Dow Jones Industrial Average had declined almost 300 points, the NASDAQ Composite had fallen from 2,185 to near 2,080 while the S&P 500 had dropped from 1,217 to 1,183.
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