Mohave County miner., 1901-04-20

cred excitement on the south side as
those who have seen samples of the ore
or have visited the place say it is very
rich in coarse gold. The parties them.
selves are reticent about the matter
aud but meager information has reach
ed the general public. Within the
next few days no doubt the extent of
the find will be more definitely known.
Enterprise.
The Graham Guardian, of Stafford,
Arizona, says: Mr. Dorsey, from Sill.
yer City, who has been prosp ecting in
Graham county as partner of j. NJ.
Brownfield, brought in from the Ora
hams piece of quartz literally filled
with gold. He claims to have a foot
ledge. Mr.. Dorsey first found little
float which he pulverized with his axe
and PANIED it. This showed up well
in gold in the pan. He followed the
float, prospecting it occasionally, with
good results. Finally he found the
ledge from which it came and broke off
this specimen rock. The float did not
show gold to the eye, but the piece
brought in, which was broken from
the ledge, was speckled with the prec.
ious yellow metal The strike is al
most due east from the Clark district
and on the ella Valley side of the
mountains. The ledge runs nearly
east and west.
A Colorado Springs dispatch says:
A private London cablegram to stock
holders here announces that Strattou's
Independent Company have declared a
dividend of lsJ,0Jos, payable during
April. Three months ago the reported
exhaustion Of this great Cripple Greek
gold mine was the sensation of the
mining world The meeting in Lon
don at that time ended in threat of
mobbing the directors, wh) hal claim.
ed 5000, y0S in ore was in sight, when
but 2.3) l.00)s appeared. Shares drop.
ped from los to %. Three months ago
the dividend was cut from l30.000S to
50.0O0s. Under John Hays Himnond's
management shaft sinking from 900 to
1900 feet vas begun. During March
alone 2110D0s was realized wholly
from development work. Shares mean
time have recovered OF 10 acres only
thirty have been touched, the remain
der being in granite where the present
Developments are being run. The Eng
lish owners have been paid since May
l, 1899, 3,0j00oOs in dividends.
On Monday of last week the final
payment of 500,O0yS was made by the
Calumet Il Arizona Mining Company
to Martin Costello on six patented and
FIVE unpatented mining claims, and
joining the Copper Queen property at
Bisbee. The com pany secured a work
ing bond on the Costello claims ten
months ago, since which time a shaft
has been sunk to depth of 900 feet,
and over 800 feet of drifting done on
the $50 and $50 foot levels, in good ore
bodies. The erection of a reduction
plant will probably be begun before
the close of 1901. On March 20, at the
office of the Calumet & Arizona Com.
pany, in Calumet, Michigan, the books
we're opened for subscription to l00,-
900 shares of stock at los per share,
and the whole amount, l, ,00O00S, was
subscribed in one day. Many orders
for stock received by letter and by
wire from Boston, Pittsburg aud other
points, we're rejected, having come in
after the stock was fully subscribed.
Within twenty-fo hours offers of 1873
we're freely made for the receipts for
stock of the par value of los. The sue
cess of the stock sale was never equaled
outside of the financial centers of Bos-
ton and New York.-Globe Silver Belt.
A new company has entered the
minin field ia Clifton aud from all
appearances it will have brilliant fu.
ture, says the Copper Era. The Stand.
ard company has started work on the
claims which they recently acquired,
known as the New England group,
formerly owned by l. n. Stevens and
othe s, aud situated east of Chase
creek south of Metcalf The work will
be done mostly by contract. The cap
i,al is said to be from England, al
though the company is purely an
American organization recently incor'
porated under the laws of Arizona
with a capital stock of 500,0,0s The
oo,uranr ,a,J snot oash for tba nron