Weekly journal-miner., 1916-07-05
OATMAN MEN INVESTING
 IN YAVAPA| PROPERTIES
Surface Improvements of Little Daisy Are Practically Completed; Many
 Mines Being Developed.
(By William P. De Wolf)

of yesterdays, called for new deal and sat into the mining game here with a pat" hand, there has been something doing every minute and every hand has been played with the cards face up on the table. Which IS the Hassayamper's way of saying that the mining industry of Yavapai county is prospering, that capital for its advancement is available in in creasing amounts, and that it IS being developed along conservative lines and with that just regard for the in terests of investors which is so essen tial to permanent success.
 Oatman Men Invest.
 George w. Long and James L. Me Ivcr, the men who developed the United Eastern mine at Oatman into a $l5,000,000 bonanza, together with w. K. Ridenour, a member of the United Eastern directorate, are turn ing their attention to mining proper ties in Yavapai county, it is said with a view to extensive investments Their first venture outside of the Oatman field was made the last week in June when they took over large block of stock of the Tiptop Consoli dated Company whose holdings are located in the southern part of Yava- pal county in the vicinity of the Agua Fria river
 Terms of Agreement.
 Under the terms of the agreement entered into with the Tiptopp direc torate mining operations are at once to begin on an extensive scale with view to getting out large tonnage of the tungsten-silver ores which have been opened to a depth of 800 feet To that end the main working shaft is immediately to be unwatered below the 200-foot or tunnel level. All ores mined are to be treated in the complny's mill. The high grade tungsten and silver concentrates will then be shipped to Pittsburg, Pa.
 Verde Ex. Improvements.
 The surface improvements at the property of the United Verde Ex- tension Company, (Little Daisy), are practically completed. A new com pressor has been installed, change room with shower baths has been erected, and a blacksmith shop, car penter shop and warehouse built. The lower workings carry 60 feet of car bonate ore that averages 40 per cent copper and POS feet of ore, including the carbonate, that averages 20 per cent copper.
 Ranks With Best Mines.
 About six months ago the shares of the United Verde Extension Com pany were quoted around the S6 | mark Within that brief period the | price has ranged as high as S35 and {; has ruled strong at from S25 to $50. i Also within that time the company's | property at Jerome has been devel ! oped to a stage which gives 1t rating as one or the great copper mines oI [ the country
 United Verde Epitome
 The United Verde mine at Jerome. long rated as one of the worlds most ! valuable copper properties. is out i putting an average of 5,0OOOOO pounds of copper per month and will | soon be outputting S000O00 pounds | per month-the figures quoted rep resenting the returns on ore shipped | from the mine to the company's | shelter at Clarkdalc Former United . States Senator w. \. Clark purchased : the United Verde mine in 1888 for ! S30000. To date he has received in i dividends therefrom over S27 100000. { The property Is now paying divi- , dends at the rate of 75 cents per share per month, with an extra divi-i dend of 75 cents per share thrown in { every once in a while for good meas ure.
 Find High Grade Copper.
 A deposit of high grade copper ore Of promising possibilities has been encountered at depth of 400 feet in the workings of the Black Rock | Company in the southern part of | Yavapai county The showing is in | fact so gratifying the management ! has decided to sink the shaft to a ! depth of SGO feet and at that level to | again cross-cut the ore. While this !, work is progressing further develop l nent will be prosecuted in ore on the ' 4OO-foot level
 The McCape section.
 Mining conditions in the McCabe i section continue to improve under the spur of development and are in creasing in scope. A. w. Davis, gen. eral manager of the Great Southern Company's property, has opened an ore body that Is attracting consider able attention in mining circles by reason of its size and mineral char acteristics. At the Lady Alday, Smith brothers have increased the force of miners, have sunk the main shaft depth of l60 feet and have equipped 1t with efficient machinery. The ore showing IS above average Tor that section