Arizona republican., 1917-09-23
THE OATMAN DISTRICT

OATMAN, Ariz.,-Gold production of the Oatman District for August prac- tically equalled the record established for July, being $227, 900. The United Eastern produced S1S3, 900 of this and the Tom Reed Gold Mines Co. $44, 900. This was the largest months output yet achieved by the United Eastern. com pairing with $175,000 for July. Tonnage was approximately the same, slightly less than 7,500 tons being treated and the average value per ton about S24.5O, the highest average value for any single month since the mill started last Jan uary Net profits were also slightly higher for during the previous month, being $123,000.
 The fact that the dividend date has been advanced five days earlier in the month is taken to indicate that an ad- ditional dividend may be contemplated by the board of directors in the near future. The September dividend is pay able Sept 26 instead of on the 30th as have the two previous dividend pay ments.
 Important developments are believed to be under way at the Tom Reed. Ge- ologist Otto Hershey has been on the ground for several days and it is -x- pected that an announcement of great significance may be made in the not very distant future Acting President Charles Mushrush has also been here for several days. Reduction flor the first half of September at the Tom Reed has shown a healthy improvement over August
 | The results of the addition to the mill l of the United Eastern will become ap- parent before the end of September so l that this month may witness the esta b. llshment of a new high record for Oat- 1 mans great gold mine. Next month should be made notable by the ex- 1 ploratlon Of the vein system on the i lower level 1000 feet below the coller of the shaft.
 The new Arizona Moss Back Mines Co. has been organized and has taken 1 over the Moss Back mine. c. w. Maier of Chicago is president, Allen Paul. of
 Wheeling, w. Va, is vice president NJ l w. kemperly, secretary and treasurer or the new company. Will H. Holcomt l o1 Los Angeles is organizer and direc- 1 tor of the company and c. H. Burlock locator of the property and a drectol IS III charge of the work A complete
 plant Will be installed and the mair shaft sunk from the 330 foot level 200 i feet deeper. If the showing continues as good for the next 200 feet the com.
 pany is prepared to erect a mill ant 1 start production
 At the United Oatman tunnel on th,
 north isde of the Black Range. a veir
 consisting, of spar, and carrying som, 1 values has been encountered runninf
 almost parallel with the tunnel.
 Work has been resumed on the 40,
 foot level of the Oatman North Stal
 property where drifting and cross cut
 tlng IS in progress. A cross cut is als,
 being run on the 200 foot level of tn,
 Gold Dust property.
 President C. M. Palmer, Jr. of tn,
 Sunnyside visited the property and m
 der his direction some additional eplo
 ration work is being conducted on th
 40 foot level
 Actual shaft sinking has been starte,
 on the Red Lion property and iron
 now on this development will becom
 the center of interest and attention fo
 the camp. Situated next to the Bel
 Harrison claim of the Tom Reed Co
 where practically all the s6.000, 900 pro
 duced by the company has been mined and only short distance from the Bi Jim, the Red Lions progress is natural lv regarded as epoch making. The plant includes an engine, hoist compressor and other necessary equip ment. besires complete electric lightin systm, with houses for the emploves The shaft will be sunk to the 800 foo level, regardless of what development occur in the shaft according to tn statement of President Frank W Strong.