Bisbee daily review., 1916-04-23

everywhere sell IL TOT n1ty cents pot tie. Get a bottle of this excellent remedy. and have it in the house. A by F. s. Stephen and Alexander Me Kay. Stephen recently organized the Dundee-Arzona Mining Company, with 800. 900 shares, par value S1. The own CTS received 275,000 shares for the property and the remainder was taken over by syndicate of Phoenix busi- ness men who sold 100000 shares at par. The history of the financing of the Dundee-AriZona affords a close parallel that that of the Green Mon ster company, for the stock offered for sale wss greatly oversubscribed ana has already gone up to 5.
 Cutting through the caims for a distance of 700 feet is a ledge of con 'glomerate, stained a vivid green and averaging all the way from six to twelve per cent copper right on the surface A tunnel has been driven into this ledge for 264 feet. It soon passes through the congIomerate and enters the lime. which is also heav- fly impregnated with copper. There are frequent water courses through lime and from their walls samples run ming as high as 90 per cent copper can be broken.
 From the 200-foot point in the tun- nel a shaft was sunk 100 feet into the lime, and the copper values still held. A raise was then started to connect hnf frnf fhn surfsce. When 70 feet above the tunnel level and within five feet ot the shaft, the raise chipped into the edge of a blind ledge of lime carbon ate and glance averaging 9 per cem copper This ledge was penetrated only last Friday and there has been no opportunity to determine it's eX- tent.
 A site is being graded for gaso- line hoist that on the way. When hs machinery n place the shaft this machinery is in place the shaft will be sunk to a depth of 1000 feet.
 Nine men are now being employed under the direction of Superintendent J. A. Hubbard.
 Jerome Verde.
 The Jerome Verde Company, which owns 2S patented claims surrounded on three sides by the United Verde, United Verde Extension, and Dundee Arizona, is not now doing any devel- opment work on it's own account but is shortly to let contract for the construction of 21 ,000 feet froad to connect with the site chosen for a new shaft This road will cost about s4000. As soon as it is completed ma chinery will be installed and the shaft will be sunk to a depth of at least 1000 feet.
 The site chosen for the new shaft lis about 2,00O feet southwest of the United Verde Extensions Edith shaft and on a line between that and the Dundee-Arizona workings. If location counts for anything the Jerome Verde will prove to be one Of the big things in the district. From the old shaft. down 700-feet. some good ore was shipped about a year ago.
 Pittsburg-Jerome.
 On the strength of showing fe- |NtiiAls OP' h'u Aiit otOth V iAAiN HUG burg-Jerome Co, has jumped from three to 30 cents a share. This show ing is an eight foot ledge of copper goldsilyer ore, opened in the shaft which is now down 300 feet. A tunnel taps the shaft at the bottom, and a drift is being un from that level. The directors of the company visited Je- rome about month ago and it is un- derstOod that they plan to sink the shaft 1000 feet.
 Calumet and Jerome.
 An option on the Calumet & Jerome group has been secured by the inter ests in control of the Shattuck com pany of Bisbee. It is understood that they have practically closed a deal whereDy they secure control of some claims owned by Joe Larson and Chas. Sutter. and that they are 10 under take development soon.
 North Verde.
 The Goodrich-Lockhart company of New York, has acquired the four claims of the North Verde company and is now holding them under the name of the Movies Copper Company. This Company has not started develop ment and il is understood that it is delaying in the hope that it will secure an option on 51 per cent of the stock of the Arkansas and Arizona Company, which owns fourteen claims adjoining. Rumors to the effect that the deal had gone through sent A. A A. stock up fom 25 to 32 cents 9 share in Jerome.
 One of the finest boists in the south west is al the Arkansas & Arizona and if has other splendid surface equipment. The shaft is down l50e feet and good showing of low grade copper ore has been opened at that depth Experts are of the opinior that commercial ore will be opened about 1000 feet
 Green Monster
 No actual work has been done by the recently organized Green Monster Mining company. which created suc' Ia stir in the investment world. \. r ThOmueOn however ig doing sOns