Arizona silver belt., 1899-09-28
GENERAL MINING NEWS.

The management of the Calumet
 and Hecla company is dong nothing
 to depress the price of copper Since
 the market touched lSi cents the Cal.
 umet people have held their price ur firmly to that figure, even refusing tc cut it when other lake pruGucer, were
 making concessions in order to get
 business which the Calumet mlnage.
 ment was unwilling to make,
 Returns have been received from the
 Fl Paso shelter from ore sent there
 from the Friend mine in the strip
 owned by II. J. Harvey and John
 Blake with the following results. Four and a half tons of hrst grade ore
 lo1 6-10 ounces in silver and 10 ounce in gold per ton and 2S per cent copper,
 Nine tons of second grade ore went 10 3-l0 ounces in silver per ton and
 16 3-l0 per cent copper.
 The Big Bug smelter of the Arizona,
 Eastern x Montana com pany has started on what promises to be a.suc- cessful run, says the Prescott Courier. The bins are all full of ore and the shelter has been put in good shape by Mir. Clifford, who is one of the most active and energetic men to be found in any country. This enterprise bids fair to circulate plenty of ready cash, which heretofore has found its way to outside smelters.
 Probably the oldest mining camp in the United States, that is still under progressive operations, is that of the Dahlongea mines in Georgia. where gold has been mined for the past sev- enty-five years. As far as the records show these mines have produced about SIG, ,000, 900, and there is no telling how much more. Under the operation of modern machinery there may be un- earthed many fortunes from these Georgia hills for the miner of the fu- ture.
 The White Hills Mining and Milling Mohave county, own forty four patented claims and thirty which are uot patented yet, The company's pay roll amounts to from Ss, 900 to s1O,- 900 per month. Besides it's mining and very full equipment, the also owns valuable water rights, twenty stamp mill, telegraph and telephone lines, boarding houses and store and is, in fact, one of the biggest going mining concerns in Ar izona.
 The English syndicate who purchas- ed the famous Independence mine at Cripple Creek, the property of Strat- ton, have stocked it at l,100,0O0 shares, which they have placed on the market at sl2.50 per share, giving the mine valuation of S13,0OO,0OO. It is claimed by experts that S6,OOO,OO in ore is now in sight. Since the mine was discov- cred in 1891. it has yielded about S3,- SOC, GOO. of S45O,O00 of ore each year. Mir. Stratton is said to have netted about Sl50, ,000 year. or $500, 900 in all
 Mir. Nicholas Anderson. first vice president and general manager of the St. Louis Gold Recovery company is in looking over the field with an eye to the erection of a large plant there if encouragement can be had in the way of securing, on reasonable terms. the large low grade dumps about that camp. To operate on large scale, as contemplated by the would mean the expenditure of considerable money for plant and expense, therefore nothing will be at tempted unless sufficient number of ore dumps can be secured to warrant the step. Laboratory tests of the vari- ous dumps will be made and definite propositions will follow
 A proposition to purchase the Unit ed Verde mine at Jerome for s100, 0,000,- GOO is said to have been recently refus- ed. The deepest workings of the mine are now only 700 feet, while recent ex- plorations with a diamond drill were made to depth of 1000 feet, showing continuation of the ore body to that depth. The value of the mine is sim ply beyond computation. It's known output is over Sl ,oOO, 900 per month in copper, but the additional value in gold and silver is known only to Mir. Clark and very few of his most con fidential and trusted employees. The company is capitalized with 100000 shares of the par value of Sl0 per share. but for the last block purchased