Arizona silver belt., 1904-01-07

ing company. Yesterday was the date
 when the first installment of $5 per
 share on this mining stock was due at
 the Calumet offices of the company,
 and yesterday morning it was stated
 at the local offices that the halfmill-
 ion had been paid in, every share of
 the mining stock subscribed and paid for and the flOtation carried forward
 very successfully. More than that,
 the mining stock was far over-Sub- scribed. d.-Bisbee Review.
 The 40-Stamp mill of the Mohave
 Gold Mining company, at Milltown,
 beganstamping Leland ore on Wednes- day, says the Kingman Mineral
 Wealth. It will take few days to get things adjusted, after which about 15 tons of ore will be handled each twen- ty-four hours. Every spare foot of space at the mine is full of broken ore ready for the mill. As soon as the &C., cumulated ore is worked down 1t will be necessary to employ more men in the mine. The Leland mine is one of
 leading gold properties of the west, and nothing has been left to guess; it is thoroughly developed. The mill is up to date, except that further along the management might find it neces- sary to add cyanide to save the gold in the tailings. The Leland mill will turn out in the neighborhood of Sl0O,- 900 in gold bars monthly. At the least calculation the Gold Road and Leland should enrich the world by $l,5O0, 900 yearly.
 A very rich body of free gold ore was encountered recently in the Vel come mine, between Octave and Con- gress, says the Journal Miner. When it was first struck it was only few inches wide but they have sunk sixty feet on iu now and at that depth it is about four feet wide. They have ta- ken several tons of this ore out in sinking through it. Some of it will go from 5000 to 5000 per ton. Eighty pounds of it were taken and crushed by hand, and s76 was cleaned up from it, while by that crude process it was impossible to obtain all of the values. Wells II. Bates had some specimens from 1t today which he showed to the editor of the Journal Miner and which was certainly very rich, being nearly one quarter pure gold. Of course the ore does not all con tain the amount of gold that these specimens do, as few tons of such stuff would be all that a man would need to make him inde. pendently wealthy. The ore body is, however, very rich, with these fabu- lously rich pockets found here and there in it. They have not cut through the ore body vt, although, as stated, they have gone down on it now sixty feet.
 The Tombstone Prospector says that Monday last week the Commonwealth mine at Pearce closed down the cars and other utilities on the several lev els were brought to the surface, the force Of miners, about POO, were paid of and discharged, the fires were drawn, and busy little camp ceased to produce the precious metals. The cause of this deplorable suspension of the Commonwealth IS due to the fact that the mine is giving way and a gen. eral collapse is unavoidable. There is no possibility of staying the disaster, which is certain though possibly slow, and while awaiting the culmination of the climax the camp must remain as quiet as though abandoned, for the company will not be able to resume op- erations until the ex tent of the dam- age shall have been aScertained. It is likely that the cave-in will be com. plete, in which event new workings | will have to be commenced from the | surface. The Commonwealth is num- bered among the best producing mines l in the southwest, and although the | is close corporation, it is known that the mine has yielded sev- eral million dollars during its six years operation, and it is but emerg- ing from an embryo state of develop ment-so to speak-when a catastro- phe intervenes and stops production for the time being.