Arizona republican., 1907-11-13
GRAHAM COUNTY MINES
Items of . General Native in Eastern ,-- Districts f

| The following items are from the IClifton Copper Era of Oct. 31.:
 Perry & Spence, who are working situated in the Steeple Rock district. ,continue to make regular shipments to the shannon and Copper Queen ismelters at Clifton and Douglas. It lis reported that the recent new strike in the upraise on the 300 level lcontinues to produce large amount of first-class shipping ore. The lleasers, who are under considerable iexpense seem to be we'll pleased Iwith returns so far received. Several lcarloads of ore are now on the side Itracks in the local railroad yards Iawaiting treatment at the shannon ISmelter.
 The Twin Peaks Mining Company. jrecently organized to take over the
 Fraser Brothers valuable claims in the Steeple Rock district, is now getting down to business. People with cap lital are becoming interested in the lcompany With the showings already made the company is certain to sue lceed, after the expenditure of small Iamount of money on development lwork Fraser Bros who are greatly Interested in the future of the proper lty, and who have spent much of their time and money on it, are still in the harness and determined to see the lproperty through. Some promising dis lcoyeries have been made and chances Iare flattering for another good shipper from that section. The success of this tcompany will be another card for the
 Duncan people.
 | Work at the Mascot Mines. situated
 in the mountains a short distance from Sailor, is being pushed. Superintend- lent Chas. Courtney states that a num- Der of men are now at work in the lmines and a good many more will be !added at once in order to push devel- opment X contract for 50 feet of |, shaft work will be let and several
 thousand feet of lumber, which will
 be used for timbering shafts and
 building houses. has been contracted
 for. One of the directors of the com
 pany is expected to arrive from the
 east in the near future. He will re-
 main at the property during the com
 ing winter. during which time he will
 investigate conditions with the view
 of erecting reduction works for treat Iment of ores.
 
 New York-Arizona Gold and Copper
 company. held at the company's office
 in Morenci last week. J. F. Cleveland
 was elected to the vacancy caused by
 the resignation of President D. F. An dress. A new system in the manage
 ment and operation of the affairs of
 the company was introduced and ad- lcpted. which will strengthen the 70 tt,a interested parties The secretary was
 instructed to notify all holders of de-
 linquent stock contracts that unless same were brought up-to-date within lone month contracts will be forfeited land taken up. Another important
 transaction was the raising of the
 stock to 50 cents per share. The bond Iof the secretarys and treasurer. Her
 man J. Degenar was raised to the sum of s10,000 which has been given. thorough report was also made by the lsecretary- covering receipts. : expenditures and general condition of
 the company. and same met with the lapproval of all present. The deeds
 and titles to mining claims found to
 be in excellent legal form.
 G. H. Dudley, manager of the Stand lard mines, visited Clifton last week
 on business. He stated that the new Istore building was about completed land it is only a matter of short time ] until will be stocked with a full line Iof general merchandise. The Stand ard, Copper Center and San Jose
 claims are all lockign well and con- siderable amount of development work lis being done. The recent slump in
 the price of copper has made little difference in the working force at the lStan6ard properties and now that the fred metal is gradually advancing in lprice a future reduction is not antici- ipated. Shipments continue to be made to the D. C. company at Morenci lfrom the Copper Center shaft and IStandard mine. and occasional ship lments of silver-copper ore are made
 showing the condition of the various properties being operated under the management of the Consolidated com jpany This report will be in the hands
 of stockholders in a comparatively Ishort time. The Standard, which is , ,operating in this district, has made a lwonderful showing during its career land is one of the few that has paid Tits way. During the early history of 1.-the Standard immense quantities of Thigh grade glance ore was extracted, Ibut as depth was gained the grade Ihas diminished somewhat although it is most probable that a large ore body Twill be encountered. The Aerial tram
 way is in perfect condition and is , capable of handling a much larger
 tonnage than is being shipped at pres , ent.