Weekly journal-miner., 1916-05-24
JEROME BOO M DUPLICATED IN
 FINAL
MANY PROMISING PROP ERTIES ARE LIKELY TO STRIKE IT RICH ALMOST ANY TIME.
(By Ernest Douslas)

For years the wise ones said tha
 the United Verde was the only min
 al Jerome. but the United Verde Tx
 tension showed them the1r mistake
 For years the wise ones have sait
 that the Ray Consolidated is the onl,
 mine Of consequence around Ray, witt
 the possible exception of the Christ
 mas, but they were grievously il
 eror.
 Any day may witness strike tha
 will start a stampede to the grea
 mineral belt that extends from Christ.
 mas through Troy and Ray to Su
 perior. It may be made by the Ray
 Hercules Company, by the Pinal De
 velopment Company, or any one of a
 dozen other concerns.
 The Ray Hercules Company is
 churn drilling its group Of claims just
 east Of Ray and is reported to have
 made important determinations al
 ready. The Pinal Development Com pany is developing the Renfro group. at Troy. A .O0-ton concentrator is to be placed on the Sullivan mine. which has the biggest known deposit of vanadium ore in the United States. Arrangements are being made to sink a 500-foot shaft at the Ray Lode. These are only the forerun- ners of the boom that is sure to make the Ray-Troy-Christmas section the mecca of prospectors and mining in vestors ere many more weeks have passed.
 The Ray Consolidated Company is maintaining a steady production ot 9.500 tons day. This ore is shipped in Cotton steel cars to the company's concentrator, at Hayden. which re- duces l6 or IS tons of ore into one and shoots the product over to the smelter, hundred yards or so to the east. The ore averages l.75 per cent coPper and approximately 70 per cent of the values are saved.
 , Although the caving system is used. accidents are of rare occurrence in the Ray Con. mine. Safety First" is the motto and thousands of dollars have been spent for modern safety ap- | pliances. The workings are plasterei with warning signals and carelessness IS not tolerated.
 In order to make the mine even more safe, the company is preparing | to substitute an air haulage system for electricity underground. Four air To- comotives nave already been received
 Ray Hercules.
 Four churn drills are being operated "A hours a day on the Ray Hercules estate. and shaft is being put down Just what has been discovered is be ing kept a secret by the management but it is generally believed in Ray that the determinations have been more than satisfactory. There is report that rich ore was encountered Tn the shaft at depth of l20 feet. Un- til the burning of the sanIpling mill forced curtailment of operations at the Hayden smelter, the Ray Her cules was shipping some ore to that plant.
 For some time the Ray Hercules has owned an excellent concentrator site at Kelvin, six miles below Ray on the Phoenix & Eastern railroad There is good reason for believing that the mill will soon be built and , that the company will complete the 1 magnificent concrete hotel it started f to build in the northeast part of Ray. f The hotel is about half finished. Work f on a large residence for tae superin- a tendent Is now in progress. The Ray Hercules also owns 200 houses in c Ray, all of which are occupied. T
 Pinal Development Co. C The Pinal Development Company s is merely the first of number that I are sure to be organized 10 develop f the splendid prospects that dot the big mineral belt between Christmas d and Superior. It was formed only 2 h few weeks ago and a block of stock e was sold for 25 cents a share. The il issue was absorbed in Ray and Phoe C nix and was greatly oversubscribed. Now those very shares are being held il at /o cents and Sl, so great is the a that the Renfro group will prove to be one Of the big mines of Arizona. There arc reasons for that 1T f, One reason for public confidence is e he character of the men who are be- Il hind the company. J. C. Devine. as W 'istant superintendent of the Ray fl Consolidated, is president F. NJ. 4 Blake. of the Gila Valley Bank & h; Trust Company, is a director. C. T. V, Carpenter, ]. H. Robinson, R. H. pr Boxall, Charles Hollister and F. c. NJ Norman are the other directors. W This company, which is capitalized or $l.500,OO0, acquired from Robert cl Renfro his group of B claims, tn $50 acres, in the Dripping di springs wash country, about a mile DC ast of Troy. Renfro had owned the pi laims for Y years Handicapped by GU ack of funds, he held on like grim co cath. pc Renfro's nerve approached the sub DC