Arizona weekly journal-miner., 1901-03-27
Mining Intelligence.

The oil bears on the Los Angeles stock exchange don't seem to have much success in depreciating the Queen of Arizona Copper company. Last Saturday that stock closed on a bull market and ran up to 2S cents a share. A large amount of shares changed hands.
 The Cliffords have been offered one million dollars for their Great Belcher mine, or rather their stock in terests in the same, Boston people having made the proposition, but the Queen of Arizona Copper company had in the meantime arranged to buy a large block of the Clifford stock in the Great Belcher.
 R. A. Thomas, a capitalist and min ing man of great experience, whose headquarters are in Los Angeles, was in town today ard in conversation with a Journal-Miner representative expressed his highest confidence in the mines of Yavapai county. He has travelled extensively in the various mining regions of the country but says that Arizona cannot be beaten by any of them. MT. Thomas has al ready shown by his acts, his confidence in this opinion expressed as he has identified himself with the mining industry of the county by in- vesting largely in mines. He is presi- dent of three mining companies now operating mines here. The Mingus Mountain Copper company, the Black Hills Copper company, and the Vest ern Miningand Development company. The mines being operated by Mingus Mountain company are located in the recognized great copper belt in which the United Verde mines are located, being located about five miles from the famous Iron King mineand about six miles from Jerome. The company has done about 1000 feet of develop ment work, having their property equipped with a steam hoist and all modern appliances for rapid and eco nomical work, although work was commenced by it only a little over a year ago. They are taking out high grade copper ore, which also carries a good percentage of gold and silver The ledge is very wide and stringers of this high grade ore are found cleal -across it. A cross cut of the vein is now being run at the 200 foot level The Black Hills company's property which is also being developed witt very satisfactory results, lies even nearer Jerome than the Mingus noun tain property, being situated only about one mile from that place. | persistent effort intelligently directed counts for anything in the develop ment of a mining property, and nen, will deny the proposition, Mir. Thomas is destined to make good paying prop critics of those under his control
 D. F. Bartholdi is in town toda, from the Jerome country. He is en gagged in developing the Verde Chic
 mine for the Verde Chief Mining com
 pany, having formerly sold the min
 to this company and then took con
 tract from it to do certain amount O
 development work ol it. He says h
 has the tunnel in 300 feet and ha alreadyencountered good ore, althougl
 he has not vet reached the ledg proper. He expects to reach the ledg , in about three weeks or a month.
 The recent strike made by Messr ] Upton and Lamb near Wickenbur,
 seems to have caused considerable ex
 citement in that section. The abov
 named gentlemen were in Prescott
 last week and while they seemed yer
 much encouraged over their new pos
 sessions. they were not in the least eX
 cited over them. The people in an, around Wickenburg, however, seer f to be greatly worked up over the ne' ' discovery and claim that it is tn ; mother lode from which the place gold of that section has come. It : claimed that the locators kept thei
 find a secret since last Decemba