Weekly Arizona journal-miner., 1905-02-15
SOME FACTS and
FIGURES WORTH
Knowing by Intending
Investors.
Information Obtained by an Actual
Personal Canvass of the Mining
Properties of Yavapai County.

The George A. Treadwell Mining
company at a recent meeting in New
York, voted to increase the capital
stock of the company from 300, COO
shares to $50. 900 the par value of the
shares being $40 each. The object of
the increased capitalization, is to raise
money to purchase ore for the new
smelter which is now about ready to
start in operation.
Under date of January 10th, E. D.
Treadwell wrote letter to the secre-
tary of the company in New York, in
which he gives some information not
only valuable to the company. but in
teresting as we'll to every one who is
interested in mining, or who contem-
plates becoming interested in that en-
terprise in this county.
One of the great troubles with our
people here is that they are inclined
to under estimate the mining industry
not Intentionally, but from a lack
of knowledge of what is actually being
accomplished
OF course there are few profession
al knockers and pessimists upon whose
shoulders time hangs heavy and they
watch for every opportunity to pour
a hard luck story into the ears of some
visitor This letter of Mr.. TreadwelI
is in direct contradiction to the stor-
les told by these natural born pessi-
mists and knockers and a portion of
it bearing prominently on this subject
is herewith given:
For the past month we have had a
man in the field looking for smelling
and concentrating ores, in view of
any possible arrangement which we
could make to handle the same. Dur
ing this time ne has visited one hun
bred and fifteen properties and taken
many samples from same with follow
ing results:
These mines cover an area within
radius OF thirty miles from this
point, and include portions of ten of
the richest mining districts of Arizo-
ma, namely, the Walker, Bassayampa,
Groom Creek, Big Bug, McCabe. Aqua
Fria, Turkey Creek, Black Canyon,
Peck and Bradshaw.
1.-The mines which be examined We
have divided into three classes, name
ly, pyritic smelling, lead smelling
and concentrating. OF the pyritic
smelling we have CO, of the concentra-
ting 30. and of the lead smelling Il.
There still remain about 80 more
claims to be looked at.
"On the dumps of the pYritic smelt-
ing class we find 4,37y tons of ore
ready for the smelter, with a prospec-
tive output from the mines of >, 80
tons per month. The concentrating
class gives US 70. 675 tons on the dump
and an output of $4,000 tons per
month, while the lead ores show l, $50
tons of ore on the dump and !, coo tons
per month output.
Without contemplating the erect
ion of a concentration to treat the con
centrabIe ores, the straight smelling
ores will gives US 100 tons PEI day
Should we decide to concentrate in
addition to our custom smelling, we
can figure on adding eighty tons to
the shelter, making total of go tons
per day. This ore is actually in sight
and can be obtained under favorab bic
rates.
"Mind you, am not taking into
consideration the larger mines that
are shipping their products east, but
who will do business with US if we
can show them that it is to their ad-
vantage, neither does the estimate in
clude the districts lying to the south
] 80 -