Weekly journal-miner., 1915-09-15
MINING ACTIVE OVER AREA ID
 BY F MILES
TOM REED GOLD-ROAD DISTRICT HAS LOST ITS REPUTATION OF BEING A ONE-MINE CAMP.
(By William P. De Wolf.l

O-A I lh-A-Ns -AllZ.. CNpl- It, 4@OOh- ing Backward" as Edward Bellamy has phrased it, over the nine-mOnth period which has practically elapsed since last New Years day, the rem iniscently inclined will discover that between then and now the mining in dustry of the Tom Reed-Gold Road district has taken on markedly in creased activity and has advanced to a foremost position ill the mining af- fairs of the United States. Within this limited space of time the some what dubious reputation of being a "one mine" camp has forever been eliminated to be succeeded by repu- tation for mining. investment oppor- tunities second to no camp in the country.
 The foregoing statement holds naught of adverse criticism for those veteran producers, the Tom Reed and Gold Road mines, with their average monthly output of $l65,000 worth of gold bullion; for they yet retain their longtime prestige of being the two premier gold producers of Arizona. In fact, the era of prosperity the camp has entered upon is directly attribut- able to the quantity and quality Of the ores that have been and are be- ing mined in sthose properties. It was their records which gave the re- quisite stability to the camp at the time it was first called to the atten- ton of the investing public through medium of the press, and had it not been for their records it is quite prob able the local mining industry would not be established on its present sat isfactory basis.
 Contributing Causes.
 Powerful factors though the Tom Reed and Gold Road mines were in convincing the general public of the value of the local ore dispositions, an equally powerful factor was the Unit ed Eastern mine, the $2,0O0,000 bo- nanza which has been developed since the first of the current year. To the latter is directly attributable the prevailing conviction that pay grade milling dFe is distributed over broad area here, and that any one of the numerous properties undergoing development is in line for an ore strike of proportions. Additional strength has been given to this con viction by the recent discovery of large body of commercially valuable ore at a depth of 400 feet in the Black Eagle workings.-the latter be- ing located nearly mile to the south cast of the main Tom Reed shaft and nearly a mile and half to the southeast of the United Eastern shaft.
 A further stimulus has been given the local mining industry by the list ing of the shares of number of the local mining companies on several of the country's most active mining ex- changes and curbs. The stock of the Big Jim Gold Mining Company, for instance, was listed a short time ago on the Los Angeles Stock Exchange at 10 cents per share. At the time of forwarding this dispatch Big Jim Is being traded in at better than 40 cents per share on a rising market. United Eastern, offered originally at 25 cents per share, is in demand at S3.30 per share and is soon to be listed on the New York and Boston curbs by Hayden, Stone and Com pany. The stock of the United West ern Mines Company will in the near future be listed at 25 cents per share on the San Francisco Stock Ex change by powerful financial inter ests. The stock of the Oatman Min ing and Milling Company Is to be listed at once on the Chicago curb by the brokerage house of E. McNeil and Company, at GO cents per share Arizona-Tom Reed Company shares are scheduled for immediate listing on the Philadelphia and New York curbs at 25 cents per share by the firm of O'Mcara, Wilson and Com pany.
 Stocks Are in Demand.
 When old man Mohammed became "wise" to the fact that the mountain would not come to him, he threw the clutch into reverse gear and went to the mountain In a modified degree the performance of that "bearded prophet" was duplicated short time ago by Frank c. Jewett. vicc-presi- dent of the San Francisco Stock Ex- change. and A. S. Wollberg, a mem Der of the San Francisco brokerage firm of Herman Zadig and Company Messrs. Jewett and Wollberg visited this canp for the purpose of ascer- taining at first hand its present and future ore yielding possibilities and