Arizona republican., 1917-06-17

claims in the Copper Giant in the Mammoth district, and made an agree ment to purchase the properties in the Cortland district. Twenty thousand six hundred eighty feet of develop ment work was done on the Copper Giant group and the Courtland group. In the Superior X Pittsburg properties, 2, 1924, ,259 pounds of copper were pro- duced, carrying a ScIld and silver value of $121,2 ,2964S. Six hundred ninety one men were employed and 29,572 feet of development work was done.
 1909
 During 1909, 27,630,O50 pounds of copper were produced, having a gold and silver value of S211, ,760.13. The average price received for the copper ] was 13 cents. The number of men employed was increased to 1924, al- though the production was still cur tailed and but $500, 900 were paid in dividends. Twenty y-seven thousand. five hundred sixty-two feet of devel- opment work was done on the Warren properties, 255S on the Copper Giant, 10.457 on the Courtland, and 26,027 on the Superior and Pittsburg. The Su- perior &r- Pittsburg Co. produced 24,- 325,667 pounds of copper, having a gold silver value of $164,304.69. Five hundred fifty-four men were employed.
 1910
 In 1910, 2S,O29,506 pounds of copper were produced with gold and silver to the value of s265. 364.53, the average price received being 12.93 cents. Again the same dividend of $SOO,OO was paid ! One thousand one hundred siXty-one men were employed. During the year 33.S40 feet of development work was done and 1,52O,51O pounds of copper were produced from the Courtland ! claims. The Superior & Pittsburg pro- !, duced 26, l39,790 pounds of copper, hav- ing a gold and silver value of s234, 997.90. During the year the Superior & Pittsburg developed to the extent of 26,027 feet
 Although the average price of cop per received during this year was low CT. being but 12.49 cents, the net cost of producing the copper went down, it now costing S.33 cents per pound. The production of refined copper was 21, 476,729 pounds and the gold-s silver val ue was $301, ,369.45. There was an inn mense increase in the dividends paid jumping from $S00,000 in 1910 to $1,- 9S9,059 in 1911. During the year plans i Ia bo nuiI of and up-to-date shelter.
 Twenty-one thousand one hundred ninety feet of development work was done onthe Warren properties It was in this year that exploration work was started on the property at Ajo, systematic drilling on the mineralized brilliant copper-stained monzonite. The Superior x Pittsburg produced 2S.469,1 166 pounds of copper, having a quicksilver value of s301, ,785.62.
 During this year the c. X A. acquired a controlling interest in the Superior & Pittsburg, which made it unneces- sary to provide a large cash reserve, and therefore special dividends were declared, totaling s1,739,759.72. Twen- ty-five thousand two hundred twenty two feet of development work was done on the Superior & Pittsburg property.
 Increased dividends was the most important feature of this years re- port, the amount being s2.542,7S1.25. although but 16,490,229 pounds of cop per were produced. The increase was due to the increase in production of the Superior & Pittsburg, which this year amounted to 36,61S,399 pounds of copper, with gold and silver value of almost onehalf million dollars. One thousand three hundred forty-seven men were employed and copper was produced at a netNcost of S.56 cents per pound. Twenty-Five thousand sev- en hundred eighty-seven feet of de- velopment work was done on the C.. & A. properties, and 29,547 feet on tt e Superior & ,Pittsburg..
 During 1912 the necessity for a new method of treating the Ajo ores was determined, and experimental work started. This year marked the begin ming of the concreting of the Junction | elimination of the fire risk at that point. For inasmuch as all the water was handled through this shaft, the Rloss of the shaft for even one hour, due 1 to fire, would mean the flooding of all 1 the operating levels at the Junction Briggs and Hoatson mines.
 1913
 The production of copper for 1913 was 52,621, ,651 pounds, the net cost per pound of the copper was but 7.65 cents Four dividends were paid, aggregating $3059, ,20S.75. The new smelter was blown in during the year. Fifteen thousand six hundred thirty-five feet of development work was done on the C. & A. properties and 47,2O1 on the Superior & Pittsburg.
 The first half of the year 1914 established records in the production of the c. & A. The new smelter was