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Sign up freeSanta Fe Daily New Mexican
Santa Fe., Santa Fe, Santa Fe County, New Mexico
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B. H. Davis and W. M. Baines of El Paso, Texas, lead a syndicate that secured control of the Mexican government's concession for the mineral-rich island of Cedros off Lower California. Baines returned with papers confirming the deal, describing the 30-mile-long island as abundant in gold, silver, copper, and iron.
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El Paso, Texas; Island Of Cedros, Off The Coast Of Lower California
Event Date
April 28
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A syndicate headed by B. H. Davis and W. M. Baines secures control of the Mexican government's concession for the mineral-rich island of Cedros. Baines returns from the island with deal papers, describing its abundant gold, silver, copper, and iron, and plans to return with prospectors.