Weekly journal-miner. [volume] (Prescott, Ariz.) 1908-1929, 1913-07-16

state ak SoiIlHliSSiOh' hOsSN"~'
with the estimates made conserva-
lively upon the valuation that will
be placed upon other similar prop
erty yet to be made up, the valua-
ton of the mines and affiliated prop
erty within the State will mount up
to Sl4OOOO,O0O this year, or just
about that which all property OF
every class and character amounted
to last year. The figures as fur
nished by the Tax Commission upon
the assessed valuation of the pro-
ducing mines alone which is reach
ed under the law by taking four
multiples of the net proceeds Of the
mines and adding thereto twelve and
a half per cent of the gross pro-
ceeds, which are given in full tabu-
lation below make the figures close
to one hundred and fourteen millions
of dollars.
There has yet to be added to this
to find what the entire assessed
valuation of the mining industry for
this year will be, the value OF the
acreage property of the mining COM
pany, the non-producing mines OF
the State, the smelters, concentrates
and reduction works of the mining
companies. The most conservative
estimates put this at $4,000, 900.
When the bill was up in the Legis-
lature il was stated that under this
form of assessment the assessed
valuation of the mines would not
reach as much as the portion of it
which is given in full below.
The Tax Commission has set out.
IN the accompanying table each
producing mine in the State and its
value as reached by the accountants
OF the commission, then having
grouped them by counties gives
also the grand total and the total
for each county.
The valuation and assessments of
mines, mining claims, or groups of
same, for the year 1918.
No. 1, Cochise County.
l. Bonanza Belt Copper Co, Slo,-
762.H.
2, Calumet and Arizona Mining
Co., $5,2Oo, 8784S.
3. Superior & Pittsburg Copper
Co., S15,837, 256.61.
T. Copper Queen Consolidated
Mining Co., Group A, S2S,505, 865. 81. |
). Copper Queen Consolidated
Mining Co., Group B, $23,5OS33.
g. Great Western Copper Co,
$6o5 ,51531.
]. Leonard Copper Co., owner,
Shannon Copper Co., lessee, Sl64,-
26l.S2.
8. Shattuck Arizona Copper Co.,
S61 ,SSS77.
9. Tombstone Consolidated Mines
Co, Ltd, bankrupt, S1l3,o53O4.
10. Wolverine and Arizona Min
ing Co., $33,33435.
Total-Cochise county, S5l,275,-
224.25.
No. 2,Gila County.
l. Miami Copper Co., $500, 1864
3 Old Dominion Copper NJ and
s. Co., S3,6lS,SS237.
3. United Globe Mines Co., ST.
122,55353.
Total-Gila county, Sl4734,O72.74
No. 3, Greenlee County.
l. Arizona Copper Co., Ltd, So
9OS,z1175.
3 Coronado Mining Co, $3,26SS3.
3. Detroit Copper Mining Com
pany of Arizona, $3.50, o629S.
T. Shannon Copper Co., $685.
1896.
Total-Greenlee county, S2l,l92,-
72252.
No. 4, Maricopa County.
l. Red Rover Copper Co, ST.
46699.
Total-Maricopa county, so, 466-99.
No. S, Mohave County.
l. Frisco Gold Mines Co., $l05,-
S9o.17.
,. Gold Road Mines Co, S4lS,-
O2335.
3. Grand Gulch Mining Co., SD
1854.
T. The Needles Mining and s.
Co, S31,55379.
). Tom Reed Gold Mines Co,
$3,O32,5l8.94.
g. Union Basin Mining Co., SAG,
1908.
Total-Mohave county, S4,O67,-
o2o.82.
No. 6, Pima County.
l. Pioneer Smelling Co., $56,23025
2. Twin Buttes NJ. & s. Co.,
$l7,87369
Total-Pima county, $224,10394
No. 2, Pinal County.