The copper era., 1905-06-22

has made strike Ot excellent ore IT
 one of his claims up the river. He expects to soon be shipping ore.
 When their new converter plant is ready for business the Shannon Cop. per company will be in position to treat ores carrying gold and silver Their COnVerterS will be running some time this fall.
 The Greene Consolidated company for the month of May produced 5,S69, 900 pounds, containing as bi- products 38,970 ounces of silver and 292, 1893 ounces of gold. During the month of May the company sold average of 14,937 cents per pound, representing practically the amount of copper on hand unsold.
 Messrs. Murphy and Valmer, of Los Angeles, Cal, who are largely interested in the Crawford Gold Mining company, spent few days at the mine near Metcalf last week, and after a careful investigation of the property, returned home well pleased. The property is being de- yeloped in a quiet way, and is more than meeting all expectations.
 The Morenci Leader reports that Dick Lakenan, who owns a valuable group of claims near that place, has been successful in promoting a com pany at PittSburg which will take over his property, and develop it. A stamp mill is one of the improve ments under contemplation. Dick mines have produced a considerable amount of rich ore, and no doubt will prove good paying property for d company.
 A report has reached Clifton of a strike of wonderfully rich gold ore made in mine located at Steeple Rock, Grant county, in which H. J. Simmons, manager of the E. P. & $. w. railroad is largely interested. The vein is about eight inches wide and is fabulously rich. The mine has been worked for several years and has a large amount of good ore | blocked out, but this rich ore is some thing new, and a surprise to the owners of the property.
 The United States supplies about 50 per cent of the entire copper pro duct of the world. The value of the estimated at S95, 900, ,O00, exceeds that of gold and is surpassed only by that of coal and iron. Of this enormous production about two-thirds was eX- ported in 1904. The profit of copper mining is shown by the fact that seventeen copper companies declared dividends during 1904 that aggre- gated S25, 161. .0p0. This is indeed a favorable showing when compared with the dividends of seventy-seven gold, silver and lead companies, in cluding the smelting trust, which amounted in all to Sl9, l06, ,0O0.
 A representative of the ERA this week had the pleasure of visiting the mines owned by George Phillips and associates at Copper mountain, Mayhower district. These mines were originally located in the early sos and at that time were about to be sold to a party of Chicago capital ists, who were then on the ground, when they were all killed by Indians. Mir. Phillips and associates have been in possession of the property for the past five years, and during that time they have done a considerable most satisfactory results. In every place where work has been done good copper ore has been found.. A considerable amount of ore is now on the dump of one of the claims averaging aboute30 per cent. and will pay to ship. It is the intention of the owners to commence shipping soon, after which it is expected the property will pay. it's way. These mines offer good opening for the investment of capital.
 Al. -Rosecrans, superintendent of the Standard mines, was in town this week and brought excellent news from the camp. As previously an nounced in the ERA the old Standard is doing remarkably well, this month being even better than last. A 20- inch streak of solid glance is being developed in the San Jose. A carload of first class and a car load of second class will be shipped from the San Jose this month The first class goes about 45 per cent. copper and 40 oZ. silver per ton, and the second class 9 per cent copper and 20 oz. silver. These will be the first shipments made from the San Jose since it was acquired by the Consolidated company, but now that the property is making such a remarkably good showing it is expected that shipments will be continued at frequent inter- NdlS. hC oOppCI NChCCl Nldlhio dl ' also making q good showing. The main shaft is now down l60 feet and three levels are being run on 30 per cent. ore. Shipments will be com menced from them next month, which in addition to shipments from the I San Jose and Standard. will make quite an increase in tonnage over that of last year, and the ore is d higher grade tban was produced last year. ~
 Some very startling charges have 1 recently been made against the Greene Gold company of New York, operating placer claims in Sonora. This company was organized about a year ago, and was soonl paying divi dends, which in all have amounted to about S100,000. It is now claimed that these mines have never pro duced any gold to speak of, and that the dividends have been paid from the sale of treasury stock. Investors it is said, had experts visit the ground in the guise of working men, who have reported that the mines were not producing and that prac- tically no work was being done At a meeting of the directors in New York it is said by the newspaper