Arizona republican., 1898-01-30

ed with the mining districts adjacent 10 this Albuquerque Citizen.
 Advices from Reh River state that E. C. Billings and associates of Pu- eblo have purchased of the Cripple Creek owners the Edison mine at La Belle, Red River, New Mexico, pay ing S20,0O0 therefor. The prop srty has 800 fe,er of development and shows a strong vein of ore running $S in gold.
 J. o. Day and his son, J. M. Day, of Stanton are en- route eaSl, the for mer to receive medical tra3tment. The old gentleman has been suffering from partial paralysis for two months and a half, caused by a fall on the mountain side. They reported their mining interests ec Stanton as be ing Tn a very satisfactory condition.
 s. Y. Barkley returned 70 Tucson from a trip to the Silver Bell mining district where he went with MT. Neil son. wllo has reiaently returned from British Columbia MT Nelson took with him a. number of men and sup plies and it is understood that he will do some extensive development work on the Old Boht mine which in days gone by was one of the best m;ns S in that country and on which much work has been done, in the past.
 This is a Hist of Yavapai county transfers: From LII. R. Hanna and wife to Ehe Gopher Gold Mining corn- pany, Little Treasula mine, Big Bug. From Arthur McGinnis to I'D. Dale ct al, mining cIaim, Weaver district, for $2,OG0. From Alfred Corrigan to J. w. Avery, right, title and interes. in Copper Chief mine, Jerome, for S40O. From T. B. Pesry to J. O.. Day and G. B. Upton, interest in Last Chance placer mine, Weaver district.
 H. ID. Underwood returned to Tue son Thursday from a visit TO Clifton, to which place he had been to adjust a fire loss. He speaks enthusiast cally of the camp and pronounces il among the very best in the whole country. Extensive improvements are being constantly made in rhe town as wel as in the works of the company. Business is good and everybody appears to be doing well. The plant of the company under the immediate supervision of Col JameS ColQuOhOnn is a marvel of perfection and ingenuity. If there is copper in the ore it must give il up even to hJhe smallest fraction. By a secret process the company is enabled to work ores of the lowest grade and which have hitheIfo been thrown aside as worthless.
 Mr L. s. Mclean and wife return ed to Tucson from their visit io Phoe- nix recently, where the went to meet Hon. O. H. P. Baxter. Mrs. McLean's s father. MT Baxtisr returned with them. He is the leading banker of Pueblo. Colo. and is now in the. ter rItory examining some mines in which he is interested MT. Baxter owned and worked some mines at Mineral Park. Mohave county, twelve years ago with profit, that was when silver was aI its normal value. He has been in the Rocky mountain region for more than thiII,y years and knows much of the mining resources of the territory. The Star is pleased to learn that MT. Baxter will remain some weeks in Arizona locking over our mineral resources. He retutned to Phoenix Saturday. Star.
 No copper producer in the state has
 
 the dividends paid to stockholders to date With its Hast dividend declar- ed by tihe directors during the lat CT part of last week, it will have dis bursled to it's stockholders the magni- ficent sum of $7,175, ,00O. The last div idenId February 19, to stockholders of record January 20, amounted to $3 per share. This is the first of the It, fu,o promises to be a bann6r one with the company in the matter of divi- dends. Last year four dividends of s each or SIP for the year were de- clared. During 1896 two dividends of s2 each and two dividends of $2 and S1 extra wlere declared, making SIC for the year per share. In 1895 the company paid $7 per share dividends and in 1894 two dividends Of $1 each were declared. It will thus be seem that a steady and health.ful progress has been made during the past three yaaris.-WesJer (Butte) World.
 Jim Searles of this city is congratu- lating himself that in the Bradshaw mountains, Arizona, he has a silver mine that is perhaps the greatest in AmHTica today, and in support of ii introduces his returns from the smell ter. These repor,s show that in all l the settlements the ore never yielded less than $270 in silver and as much | as $532 in that metaN, in addition to 20 per cent lead and gold of the value of $4. The propenty was acquired by Searles early in 1896. A small seam was followed down from the surface | until today at a depth of 300 feet therf ] are fourteen inches of high grade ore To enable him to colntinme develop menl.s and follow the vein to this 1 depth, MT. Saarles has decided to thor. oughly equip the proposition and or Saturday a carload of machinery was seE't- from the Colorado el~w0fk k l to the mine. Commenting on it MT Searles said that with four men h.
 had produced $3S,00O from the mine
 he expected to double it the presen | year.-Salt Lake Tribune.