Arizona republican., 1917-11-04
new workings run as high as 27 per

new workings run as high as 2 per cent.
 The success of the Binghamton has caused a revival of activity in the Mayer field and properties which have neen lying dormant for many years ale making preparations to get lnto action again. one of the man-4esta- Uions of this activity is the estabiish- -ment or camp at Copper MOdnt@---. pI preparatory to the working of t..e group. ScoIes of shafts, cuts ai> other exploratory work has been done a hen the property was shut down l. 1881. The primitive smeiter on th~ group was the filst built and oper- ated north Of the GIla while the mine itself was one of the first active cop pers in the state. 1. T. StoddaId, now deceased, Was the original owner. an~ his sou, Ce.ora M. Stoddrd, and Sen ator Reynolds of New fork, the latte D. incipal owner Of the B!nghlm;oi., are backing the movement for tn> resuIi ection of this pioneer propeit under the corporate name of the Cop per Mountain Mines company.
 United Verde Extension
 Work on the new S1.00C, 009 smelte of the United Verde Extension e. C!arkdale, Aliz., is said to be progress lnS very fayorably. The new pldnt will have an estimated capacity c. l.600 tons daily. United Verde's pro auction IS new running at the l;,le u. 59U0,J 900 pounds monthly, and estl- mated profits for the year 1917 will prooablY aggregate $S.0GU,000, or the equivalent of $7.50 per share, against the present dividend rate of g 9 share per annum.
 Consolidated Arizona Smelling
 The work of opening up this min cn the No. 12 ievel is progressing an results should be watched with care as it is said great possibilities lie il the opening of this level and if eN- pected results should be attained, there can easily be decided change in l., market situation of this stock in q very shCrt time. Consolidated Arizona has many friends among careful in vestors, situation which is warrant ed by the facts surrounding this issue Magnate Copper
 The Twin Buttes district, in Whicl the Magnate property is situated is now the center of great pctivi'~ or'f | that it will soon be as we'll known {, ] the public as Jerome Or Ray ,.
 
 { with that part of the country. Oper- "tions are going on satisfactorily a the Magnate property. according to re ports. churn-drilling operations beins supplemented by diamond drilling and the extraction of high grad smelting ore is progressing satisfac orily This ore is reported to hay, 1een assaying in car lots per cen copper, with samples in bulk runnin, : per cent to 10 per cent copper hay been frequently obtained of late. 4 times the smelting ores in addition to copper content reach a value q s20 per ton in silver Those mos familiar with Magnate do not hesitat 10 say that it is a big mine in fir making and that it is highly regarde by the public is shown by the con tinued stability of it's shares on th New York Curb market.
 Magma Copper
 Recent low prices for this stoc have given investors an opportunit to pick up one of the best coppers z bargain prices. While it may talk Magma a year to provide such facil ties as are necessary to increase il production greatly, it can confident Ae looked forward to as stock likel to have q re-valuatiOn in the mark, n arcnrnt of heavy production. ar 1s there are only 240,0O0 shares -tock outstanding the price of full HOO Der share in the future is e, Hected Ey those best qualified judge
 Calumet and Jerome \ President Avery has stated tn -,-ith tho maintenance of the Drese