Bisbee daily review., 1918-12-29
VERDE DISTRICT
 PROUD OF ITS
 RECORD IN WAR
In Production of Copper, Pur- chase of Bonds and Sub scriptions to War, Record Shines Forth
By P. R. MILNEs. .

PRESCOTT. Ariz. Dec. 2S.-The
 record made by the great Verde min
 ing district of Yavapai county. Ari-
 zona, in the production of the red
 metal and the purchasing of bonds.
 war savings stamps and the outright
 subscriptions to the various war or
 ganizatiOns speaks for itself of the
 manner in which the companies and
 the employees assisted the government
 during the war period. With the cessa-
 tion of hOstilities there has been no
 let-up in that district with respect to
 the desire to bring in more producing
 mines, according to a recent issue of the Verde Copper News. published at
 Jerome.
 The Gadsden. which is being devel- oped by the Calumet & Arizona com
 pany, will soon be. equipped with a
 pump capable of handling the present
 water development as we'll as that of the future. Recently. General Manager W. B. Gohring and Master Mechanic Will R. Mckee. of the c. & A., visited the property and decided that a pums of 500 to 1000 gallons capacity was required. The present pumps are lift ing SIS gallons a minute and it is cer- tain that much more water will be de- velOped as soon as the west crosscut from the 12O0-foot station reaches the fault which is it's objective. The cross cut has advanced some 500 feet and it has just passed through another sheared zone of quartz pOrphyry with a little schist There is much miner alization in the form of iron and iron oxide. This makes at least three suCn zones through which the crosscut has passed. All of them look promising enough to warrant drifting. but this will not be done until the main north and-south fault is reached. This is probably 500 or TOO feet ahead of the present face Of the crosscut.
 Shortly after the first of the year. the interurban line between Jerome and Clarkdale will be in operation ae- cording to information given by W. H. Archdeacon of the Verde Tunnel < Shelter ailroad company. The grad ing for the new line is nearly com pleted and the rails have been laid for more than half the distance be- tween the two towns. The tracklayers are working close behind the graders and the two departments of the work will be able to announce completion. within a few days of each other. The second motor car has been delivered and it is expected that the first train will pass over the rails within a month from today and possibly few days earlier. Each motor car will pull a trailer fitted up. and as soon as the service becomes adjusted it will be possible for Clarkdale travellers to pur- chase tickets to Jerome Junction by way of Jerome and the U. V. & P. road. The interurban schedule will be so arranged that close connecticSs will be made. It is possible that this service will be extended to Cotton wood and Verde.
 Without delay the Verde Combina- ton shaft will be sunk 200 feet deep CT and development of the promising opened on the 1OsO will be prosecuted vigorously on the new level. While sinking is going on work will be continued in the No. s southwest drift on the 1OS0, which has already exposed a big body of schist pyrite and chalcopyrite. This work was the principal recOmmenca- ticn of Manager Dave Morgan in his annual report which was unanimously The report shows that for the year ending October 31. the Com company accomplished 5039 feet of drifting and crosscutting at a cost of $16.67 a foot, The shaft was sunk 4O2 feet at S63.9I a foot. The is confident that within another year. producing copper will be made of the Verde Combination.
 The Consolidated Arizona at Hum boldt. is averaging around 1000. 900 a month or 12.OOO.OOO pounds per annum. Under the prevailing price for copper this output has net value of Sl.545000 equivalent to about go cents a share on the 1.663 900 shares of S5 par outstanding. before tax de- iuctions This compares with net profits of SSS1 .S16 last year and $S59.- )14 in 1916 and is more than four times dividend requirements of five rents a share. or % cents per annum. It is the eNpectation of the manage nent that all construction work at the Blue Bell and DeSoto mines. Considerable exploratory work is being prosecuted at the com pany's recently acquired Swastika silver property. located a short dis -ance from its shelter At the close )f 1917 ore reserves at the Blue Bell mine were estimated at 5S6-SO0 tons pr 3.1O per cent copper and & in gold