Arizona republican., 1916-12-15

resents the same interests in Clark |. dale. The Boston and Jerome stock is listed on the San Francisco exchange and this month will see it on the New | York curb at the opening price of 75 cents share.
 ! United Jerome Copper Company { One of the new properties, the United Jerome Copper company, opened it's books for the treasury issue late last month and practically every share has | been sold The stock will be listed on : the New York and Boston curbs before the first of the year.
 The property is situated on the east slope of the Black Hill mountains, the holdings comprising about 400 acres, or twenty claims, surrounded by the Pitts burg Jerome, Boston Jerome and Mich igan Verde property. Engineer George A. Bethune. in recommending the de- velopment of the property, in his re- port stated in part:
 ''The principal rocks found in this district are the sedmentaries, lime stone and sandstone. This being capped by lavas -basalt with the schist and diorite. The oldest rock is the schist. This schist rock has been intruded by a series of diorite dykes-this movement being favorable for the making of ore. :, The richest ore is found in the nephide zone beneath the iron capping-several heavily iron stained dykes are trace able on the property. which also carries a heavy copper stain. The most feasi- ble to open up this property is using the diamond drill. this being the quickest. cheapest and most satisfactory method of proving ground.
 In my opinion the United Jerome Copper company has a most valuable property and I recommend its develop ment as promising venture"
 Business men of Jerome are inter- ested in the company. Harry c. Grain. capitalist. is president r. F. Stadel- mann, assistant superintendent and general foreman of the United Verde smelter, vice president; Emil Kovaco- vich, merchant, second vice president and J. w. Radley. of the Radley Trans , fer company, secretary and treasurer Pittsburg Jerome
 , change in the development plan of the Pittsbu-g Jerome may be effected . shortly as a result of the exhaustive examination of the property by En- , gineer w. E. Deity, of the Dundee Ar izona. and Geologist D. B. Wilson. of the Calumet & Arizona, who recom- s mend that different plan be adopted. New motors, compressor and other machinery has been installed and the operations are not confined to any one point. The shaft is being sunk, the D south crosscut from the 500-foot level , is being extended. and two drifts from l the crosscut are being run. The hold ings of the company are twenty six . claims embracing 520 acres lying two 7 to three miles south of Jerome nearly 2 northwest of the Black Hills property and about midway between the United . Verde and the Equator mines. The company was incorporated in 1904 and was inactive most of the time from June, 1907, until the first of last year
 when operations were resumed The shaft was unwatered in March and the crosscuts were driven south and west
 The officers are Joseph K. Aikens
 president: c. NJ. George, vice presi- dent, and r.. r. Thompson, secretary and treasurer
 Jerome Copper Fields, Inc.
 James Westervelt is the organizer of
 the Jerome Copper Fields, Incorpor- ated. a property located on the same fault as the United Verde and United
 Verde Extension. The surface assays show $40 in gold and the iron dyke running through the property give the surface assay in iron and copper as 52 cents and cents respectively. Former state geologist and state engineer of California. George A. Bethune, report ed fayorably on the prospect and the directors comprise such well known men as State Treasurer Mitt Sims
 State Treasurer elect David F. John son. Ed Sawyer. Flagstaff capitalist