Weekly journal-miner., 1915-07-14
MILLION DOLLAR GOLD
 SHIPMENTS IN 6 MONTHS
(By William P. DeWolf.l

months period ending June 3Oth, had
 a total value of nearly $1,000000.
 During the same period approximate ly 85,000 tons of ore were milled, the average per stamp per day for the
 sixty stamps in operation being about 7 1-2 tons of an average value of near ly SIP per ton. From 10000 to
 l5,000 tons of ore were mined but not mi1led, owing to a lack of re duction facilities. This lack is soon to be met in part, at least, by the erection of a mill at the United East ern mine and by the establishing of a mill for custom ores on the flat near the townsite of Old Trails.
 During the month of June the bul- lion shipments from here had total value of $165,000, representing the gold extracted from l40OO tons of ore. This tabulation applies solely to the ore mined and milled by the Tom Reed and Gold Road compan- ies. No portion o{ the tonnage of high grade milling ore-$S6.60 per ton-that is awaiting opportunity for treatment at the United Eastern mine is included therein; neither does it take into account the tonnage that is being piled on mine dumps in all sec tions of the camp.
 Tom Reed Output.
 The famous Tom Reed mine, the premier gold producer of Arizona, outputted during June about 4,5OO tons of ore from which $100,0OO worth of gold was reclaimed. The average grade of this ore was a trife more than $22 per ton. From Janu- ary 1st to July 1st, the mine output totaled 26,000 tons of an approximate value of $52O000, or general average value of $20 per ton. The mine output for the current year, estimated upon this basis, will have 6 total value of $1,040,O0O. From January to July the company paid in dividends a total of 30 cents per share on the outstanding 909,555 shares, or a total of $272,S6650.
 Bert Lunceford, for nearly eight years assistant superintendent of the Tom Reed mine, severed his connec- ton with the property on July 1st owing to the demands of his outside business enterprises Mir. Lunceford was formerly employed by the Gold Road company in like capacity. He joined the managerial staff of the Tom Reed when Colonel L. P. Han sen of Pasadena assumed the control of the fallen fortunes of the Blue Ridge Mining Company and fashion ed the timbers of its financial ruins into the present Tom Reed Gold Mines Company, with its dividend record of an average of 4 12 cents per share per month since Septern- Der 1910. MT. Lunceford aided ma tcrially in developing the Tom Reed to its present splendid stage of productivity, and leaves the com oany with an cnviable record as an efficient official.
 Pittsburg Operations.
 Colonel Hansen is now devoting his energies to the affairs of the Pitts burg company in the same painstak- ng and efficient manner with which | le placed the Tom Reed company on Is financial pins. Development of the I is being carried on under he direction of s. R. Porter, former of the Gold Road | nine. The main working shaft has lepth of 300 feet and at that level rift is being extended to the west n vein material that presents prom SC of making into a large body of milling ore. As the drift Is extended he mineral indications grow more strongly favorable to the discovery ,f an ore shoot on no distant date The quartz now being mined in the ace of the drift yields colors when banned and is more thoroughly OK ,dized than formerly. The mine is equipped with a powerful plant of and is considered one of he most valuable in the north end of he district
 The main shaft on the Gold Road estate, located in the vi inity of the Pittsburg, has a depth # 285 feet and is in ore from collar O bottom Sinking will be continu d until a depth of 400 feet Is gained. tt that level the vein will be cross ut to the north and drift be ex- ended in it to the west Superin- endent Moore informs mo that be- ween the 5e and 2OO-foot points in he shaft ore was taken from the anging wall of the vein that samp1- d as high as $11 per pound At the resent point of development the anging wall is heavy with sulphides nd returns values as high as $45.10l 'er ton. In the upper levels of the A1 fl r. NfI