Arizona republican., 1907-12-16

DdNlHS n fiitt ulN iftN NNi tain that with the new equipment. the dividends would be doubled in 8 short time. He found the trip rather strenuous for him, but it was well worth the effort. Wm. klemne who is engaged in real estate lines in St. Louis I. Landauer. prominent at torney of tiie same city. pr. Paugh and a number of others were of similar opinion.
 We are all more or less of the Mis- souri faith said these gentlemen. and following that idea. came out to Arizona for the express purpose of look ing over the mine workings from the mill to the bottom of the shafts. We were most hospitably treated by Mr. and Mrs. Hurley and the officers of the octave Mining Co. and wish to express our thanks and appreciation Of the courtesies extended us while there"
 We found upon investigation" said Mir Gerson and careful exam ination of the mine and reduction works. the statements contained in the literature of the company have been proved and may be verified by any vis itor and moreover. that new develop ment work has been done recently of which no mention was made in the reports or printed matter. The ore bodies already blocked out average from two to twelve feet in thickness. Four new shafts have been opened up during the present year and ore of a very high grade has been exposed This is heinz mined and milled at the present time. adding very largely to the. earnings of the company.
 ''.There is now blocked out and ex- posed sufficient to run the mill and plant for at least between four and five years and more is being exposed and blocked out daily. By the inves- tigation the ore bodies were found to be continuous and the statement of the mining engineer is conservative. when he says that the supply of ore could no; be exhausted in fifty years. In regard tO the plant it is a model one, and the management is in the hands of capable and honorable men. The plant is being operated both day and night and many economies have been effected during the present year"
 DAAt pl AlAt Et-hl~ Vui trip" said Attorney L.andauer of St. Louis to the reporter. was the casting of a gold bar of approximately s30.000 value. I can feel the weight of that bar vet. the reason being that of all the guessers on the value of the bar l made the poorest hazard. about sl0.- 900. MT. Gerson was the nearest in his guess of about s1S.00O. As result of my wager l had to carry the bar several hundred yards up-slope to the office. which was no light task. We visited all the principal workings of the mine. inspected the plant and went over the entire property thoroughly. It was most interesting and at the same time valuable two days, sojourn.'
 MT. Land3uer was very enthusiastic on the proposition and felt well repaid for his time and trouble Like all the members of the party he was cOnvinc- ed that Arizona is rich in natural re- sources and the opportunities for pay ing investments are plainly in sight. The octave mine has. he thinks. a great future and with the installation of the new equipment things in that section will begin tO hum. From the reports he had heard from AriZonians who were in touch with such matters. he was satisfied that it was one mine which stood well in the estimation of the local people. where it is sometimes said that even d prophet is not with out honor save in his own country.
 C. E. Miesse. the president of the company. said he had little to say concerning the trip. rather wishing to leave that for the boys" who came out to visit the mine and were the guests of the company. The plans of the. company are well matured. The cleo tric plant will be established near Wickenburg the Central Arizona Pow er and Light company having been incorporated short time ago with a capitalization of sl.000.00O for build ing the plant The money for the erection of this plant and the building of the transmission line has been guar anteed and there is little stock left for disposal. The transmission line will be fourteen miles in length to the Oc- tave, where the mill and machinery will be run by electricity. and the whole can be electrically lighted.
 There will be plenty of horse power left for running several other mines and light can be furnished to some of the camps. including Wickenburg. if so desired. The site for this plant is most excellent one. and it looks as if the Hassayampa towns will take on city airs before long. IL is the inten- tion df the company 10 have the plant installed and ready for operation by the first of April or May. depending of course. on how promptly the machin- cry arrives. At least those interested are looking forward to that time. af- ter which they will be getting returns for the large sum invested The addi- tional forty stamps will also be ready for use by that time.
 The octave is now employing about IFS men and is working night and day. The company has 19 claims in all. Some of the shafts are down about 2000 feet. while the newest one. the Joker. is down 500 feet There are vet 9009 feet of OutcrOppings showing rich veins which have not been touched will be done on these as needed.
 Al present there is blocked out and exposed says MT. Miesse over 1SO.000 tons of ore. enough to keep the so stamps going for the next four years. so that there will be no question Of sufficient ore. At present the capacity is I4U fOng or.a o,,