Bisbee daily review., 1918-02-24
YAVAPAI COUNTY IS ASSISTING NATION
 IN PRODUCING ORE
Large Mining Interests Look Into Districts Possibilities; Verde Extension Cuts Rich Melon.

PRESCOTT. Ariz., Feb. 23.-Ari- zola produced s4.O92. 800 in 1916 and yielded S5.53s. 500 in gold in 1917, and was the only state which had an in creased output The increase in the output Of silver in Arizona was 1,5o3,- OOo ounces in 1917 These are the figures given by the bureau of the mint and the United States geolOgi- cal survey. department of the interior In tlis wonderful showing Yavapai county played no small part Daily this vast mineral domain is becoming better known and reputable mining engineers. representing the largest mining interests in the world. are quietly investigating the various min ing districts of this section
 United Verde Extension
 Recently the United Verde Exten- sion Mining company declared its reg ular dividend of 30 cents a share. with the usual extra of g cents and an additional extra of S1-50. making a total of s2-e5. Never before has the Extension paid a total quarterly divi- Gend Of more than 75 cents. with the exception Of last summer. when they paid a Red Cross extra of 10 cents share. There are 1,050.O00 shares out standing. and the payment of S2-25 a share means a total Of disbursement of S2-362, 800. Of this amount. be- tween s200,Oe0 and S300.0 900 was paid in Jerome. where it is estimated that there are not less than 100000 shares of stock To date the Extension has paid total dividends of s4. 4.755.o 900. IL entered the dividend-paying class m 1916 and in that year disbursed ST. 050.e0o. or sI a share Its 1917 dis bursements amounted to s5.7e5. .000 In addition 10 paying these dividends, the Extension has set aside enough of a surplus to put up Q S5.O00. 900 smelteT. to dig an $S.030.O00 tunnel and to lay several miles of railroad. besides erecting numerous buildings
 According to recent reports. some exceedingly interesting ground is be- ins opened in driving the haulage tuu- nel of the United Verde Extension above referred to. east and west, from the Texas shaft Both headings are in quartz porrhyry showing much oxidation. The Texas shaft is 500 feet deep From the bottom a. cross cut was run 50 feet north. and re- gently headings were started, it siy- ing big mass of that material. which so often carries copper in the Verde district IL is very shifty ground. with m-ch water. and it is necessary 10 timber heavily Timbers 12x12 inches iE size are being used. The wes; beading is about 200 feet from the fauli, which runs north and south at tae east end Of the Dundee-Ari- zons property. The cutting of that fault by the tunnel is awaited with consi6 srable interest.
 Jerome-Nerde
 Through it's consulting engineer H. P Henderson. the Jerome-Verde Cop per company has recently issued a statement to it's stockholders for the quarter ended December B. This shows that :he Columbia shaft work ings have reached Q depth of HOO feet. with 1858 feet of drifts ana crossccuts and 1342 feet Of diamond drill holes The Northwest workings have reached the s0O-fOot level with 9e feet Of raises, from which 16I0 tons Of ore have been mined. The Northeast workings are down 1lo0 feet. with e9 feet Of drifts and cross cuts The ore shipments average S-55 per cent copper an6 the proceeds have paid Q considerable proportion of ti7 develcrmsnt expenses This ore tOdT. which IS on the Main Top claim, is 70 feet long and to 20 fee, wide. The ore remainging is not measurable. but prOOably several thousand tons more are available above tLe 800 leFel This ore was