Los Angeles herald., 1910-12-30
TOM REED DIsBURsES
FIFTH BIG DIVIDEND
Gold Road Mine Boasts Total of
$136,518 EarningS-Ruth
Workings Improve

KINGMAN, ,Ariz., Dec. 29.-The Tom
Reed mine has just paid it's fifth divi-
dend amounting to 1868. The total
dividends paid by the property to date
is S136,51S. The report of the company
shows that the company has done q
large amount of exploratory work in
the mines the past year, besides bring
ing in water system from Cottonwood
canyon, installing a 250-horse power
air compressor, and a twenty stamp
addition to the mill, besides complete
cyaniding plant and tube mills, the en-
tire cost of which ran well above 500,
0O0 The treasury of the company
shows a reserve of $4,000, and $4,000
credited to the dividend fund. The
average receipts from sales of bullion
the past five months is given at $52,-
0OO a mighty big showing from ten
stamp mill The tonnage treated is
not given, but it has been understood
that alb ut thirty-fve tons daily have
been sent to the mill from the mine.
The saving of values has been well
above so per cent which is remarkably
good from a straight cyanid1ng sys-
TEN.
p. H. Mclaughlin and Marvin Ish
have Just returned from trip to the
Union Pass section, where they eX-
amined a large number of mining prop
critics. While there they took look
through the Gold Grown properties and
express themselves as surprised with
the immense showing of ore in that
great nine 1t is estimated that there
is fully 100000 tons of milling ore III
sight that has a value of over $12 a
ton. The vein is immense and no
where that they panned the ore did
they fail to get gold. Mr.. Mclaughlin
is of the opinion that this property is
one of the greatest in the territory ana
is sure to make a record when the
new mill is in operation. The mine
was opened and the mill erected under,
the direct supervision of F. H. Bar
ton Water was brought from the
east slope of the mountain and APP
pears to be of sufficient volume for all
needs.
RUTH SHAFT IMPROVES
The new shaft on the Ruth mine Is
showing up wonderfully Well both in
values and width of vein. Every foot
of development is bringing better ore
and more of it, until now the vein has
"a width of about nine feet and values
running about $12 to the ton in god.
The ore will mill out free, and when
the new mill is in commission ii is eX-
pected that enough ore will be blocked
out in the several openings to keep
the plant steadily employed. In the
a sample of five feet giving an average
of about $50 to the ton. The belief is
general that the new shaft Will cut
this ore body at about 100 feet IN
depth. f. 3. Van Deman and son
have charge of the property, being the
managing directors of the corporatloh'
w. E. Hughes. who holds BOND on
the keystone mine, is expected 10
begin operations on the property short
" and arrangements are now under
wav TO that end. There has been some
misunderstanding, but this Will soon
he straightened out and the mines
opened to a great depth. The Key
stone is one of the first discoveries IN
Mineral Park basin and has always
been considered one of the best mines
in the district.
John Ievizey, u we'll known Colo
RADIO mining man, now living in Los
Angeles. has been looking over the
properties he recently acquired near
the Tom Reed. He has bought all the
interests of Ed Gardner in the Big
Wonder claim, an extension of one OF
the mines taken over some time ago
nv Mr.. LeViZey. The group is said 10
nave some great showings of gold ore
and that with development the mines
give promise of becoming producers
of a large tonnage of rich ore.
FOR COMPLEX ORES
The United States Smelting COM
many. of which company the Needles
Mining and Smelling company is an
auxiliary, claims 10 have successfully
demonstrated the handling of com
plex ores by the Huff electrostatlc
process and at its plants are ready to
treat ores that run high in zinc, lead
and iron. on custom basis. 1t is not
known that this process will be put in
at Needles. but the ores OF this county
that are offered for treatment are or
This class. The tonnage that can be
obtained of ores running in zinc. lead
and iron overshadoWs that of any
other complex ore. At the Elkhart
there are many thousand tons of TINS
class of ore that is easy of extraction
and would present an ideal ore on
which to do experimental work.
William Ochs and L. c. Peterson,
mining men of Long Beach, Cal. have
been looking over mining sections OF
mis- county. Mr.. Ochs was instrument
tai in bringing out the Mckesson
properties. which are now under option