Bisbee daily review., 1916-10-15
YAVAPAI BOOM MAY
 ECLIPSE THOSE IN PAST
(Continued From Page D


 of the Union group in the Chaparral country to D. NJ. Locey. The transfer involves approximately $500, 900 on the deferred payment plan. St Louis and Chicago capitalists are interested with MT. Locey in the venture and have supplied the money necessary for opening the property at greater depth and equipped it with mill having a minimum ore reduction capacity of 100 tons per day. The Harting Ga new) process is to be installed. The Union group is closely associated with the early mining history of Yavapai coun- ty. For many years John S. Jones, the former owner, met the expenses incident to development by milling and by shipping to smelter the higher grade ore. The last consignment sent out by Jones gave returns of s2OO gold per ton. With the passing of the mine to men of larger means it would appear as though its real era of pro- duction is of the future instead of the past.
 The sale of mining properties of which the foregoing is sample, is general throughout Yavapai county and is attended by the introduction of modern and cheaper mining and mill ing methods. This has resulted in the re-opening at profit of a number of former bananas which had for many years been idle. In some cases these mines are again being worked by their former operators. As a rule, however, they have passed into new and younger hands. The result is in each instance the same-a practical demonstration that ores hitherto con- sidered too base for treatment can be mined and milled at a profit by means of the simpler and less costly process es now in use. The success which at tends operations at the Humboldt , shelter, the Stoddard mill, the Big Pine mill and the Randolph Gemmill plant at Grown King is proof positive of the foregoing.
 Many New Companies.
 The rapidly growing demand for mining properties is attended by the forming of many new companies. This is particularly true of the Jerome field. where copper is king. The success which attends the launching of cor porations having holdings there is in- dicative of the favor with which the investing public views the Yavapai Coppers as a whole. Take the recent ly incorporated United Verde Consol- idated Copper company as a case in point.
 1 Within week the company's pre- organization shares were several times i over-subscribed. The books of the company were opened October 1lth 1 for the sale of 100000 treasury shares at 75 cents. Advance applications for the stock assured the sale of the en- tire allotment several days before the books were opened. In order to pre- vent brokers taking advantage of the popular demand for these shares. arti- fcially to boost the price before the stock was issued, the company placed display advertisements in the leading papers of Arizona and the large cities of the country, warning the public that the opening price of United Verde Consolidated shares was 75 cents per share
 Ewing 6 Hooker Group.
 Recent developments at the Ewing 6 Hooker group tend to add to the ex- citement engendered of late in the Jerome field by copper discoveries of value on the Green Monster, Jerome Victor Extension, Jerome Verde and other properties. The Ewing & Hook CT group consists of six patented claims and has been held by the par ties after whom it is named since 1894. The acreage lies in the Upper Verde contact, is crossed by one of the boldest outcrops in the Jerome field an iron gossan showing copper at sur face-and is surrounded by the hold ings of the Green Monster, Copper Chief and Copper Chief Extension companies.
 A tunnel has been driven on the Porous Iron claim of the group a length of 2S5 feet, and will be con tinued to crosscut ledge that lies about 100 feet ahead. At a depth of 9S feet this shaft shows ore carrying as high as 15 per cent copper to the ton. Above that point sand carban