The copper era., 1902-11-20
ARIZONA WEEK BY WEEK.

zI
 mines Of Chloride, while the camps ol
 Mineral Park, c. O. D., Todd Basin,
 Cerbat, Gold Basin, Cedar and Bill
 Williams Fork show increased life and activity. The winter months in this county are ideal for prospecting and
 we expect to see a great influx of gold hunters from the colder mining sec tions.-Kingman Miner
 The Daily Mining Gazette Of Tough ton, Mich, in its issue of October l, f says: Calumet people took 50, 900 shares of the stock of the Lake Su- periOr and Arizona Mining company. inside of tso hours and a quarter yes. 1 terday morning. The sale commenced at 9 o'clock and at 11:15 all of the first allotment Of 5000 shares at one dollar were sold and the sale of the second allotment Of 25,000 at two dollars was on, the demand for the stock being something surprisingly heavy. Accord l ing to the plan there was no chance l for an over subscription on the first allotment, the stock being taken of the market as soon as the %, GOO shares were disposed of. The sale Of two dol lar stock went merrily on all the after noon yesterday.
 The Old Dominion Copper Mining and Smelling company is gradually in- creasing its force of employees by the addition of q few men every day. Operations at the mine and smelter are very satisfactory. The briquet- ting machine, .to treat the fine dust, has been repaired and is running suc- cessfully. The settlement of the labor troubles and the reduction in freight rates have made this possible, as the management now figures out a profit or ? cents per pound on the present price of copper, and with two furnaces the company should turn out l, ,500, 900 pounds Of copper per month. This output will give net earnings of S30,- 900 per month, or S46O, 900 per year, which is equal to S2.4O per share upon the 10000 shares of Old Dominion l stock.
 New smelters with late improve ments are taking the place of the old furnaces at the United Verde mines, at Jerome. It is understood that ! while the new plant will not be run toI iSs full capacity it will be De so ar ranged that the output of the smelter | can at any time be increased at an r' n q HnT D DN6 of the market. The plant will use | convertcrs and will probably have de- vices for making copper wire and ! sheet metal. IL is also apparent that a railroad from Williams will soon be constructed to give a shorter and more ! economical outlet from the mines. | The mines are the greatest and rich est in the world and the owners can at any time output enough of the red | metal to flood the market.-Kingman Miner.
 On Tuesday a deal was made by | which SI20,000 par value, of Mommoth | Tunnel stock was secured by eastern | parties. They are to be congratulated | on getting in on the ground floor Of this enterprise. That it is a safe in- vestment is evident by the fact that so many home people are becoming heavy | stockholders. Fake mining proper ties may be heavily advertised away from home but no support is sought or obtained near the location of the prop | erty. The Mammoth Tunrel however is forging ahead by the aid of home 1 capital, and there are DO flaming ad l vertisements of its stock in the east ern papers. The home people see where their money goes and are doing | all possible to help the enterprise along, knowing that the stock sold is for deyelopm ent work on the property only.-Pima Paragon.
 North of the Colorado river the var ious mining companies are arranging for an active winters work. The teaching plant in the Buckskin moun- tains is doing good work and the cOm- pauy are figuring on an extension of the plant. The Grand Gulch people are opening the mine below the 100 and are getting good bodies. The per manent formation has not been reach ed in any of the mines and no coucep- ton is had as to the actual depth of the sandstone overflow. The ore bodies lie in the sandstone in large deposits and have very little connec- tion with each other. An effort is being made at the Grand Gulch to get to the permanent formation, where it is thought a great vein of copper will be found. The mine has produced the