Arizona state miner., 1925-03-14
MINING NEWS OF
The SOUTHWEST

HE SOO n w 60
Surveys have been approved on the
Sunset Divide claim for the Black
Giant Mines Company in the Els
worth mining district, north of Wen
den in the Cunningham Pass, Yuma
County.
According to the figures given out
by the department of the interior, ge-
illogical survey, dividends in excess
of thirty millions were declared IN
western states during the year OF
1924 by mining companies. Dividends
declared by Arizona mining compan-
les were in excess of those by com
panies in any other state.
State 1924 1923
Arizona 81, ,969,155 $15,733,7S0
Utah ....... 1O,355,985 11,999,646
Montana ... 2,250,000 7,05O,000
Idaho ...... 4,638,50O 4,756,750
Nevada ....... $4,000 1,220,300
There has been passed by the house
of representatives senate bill 876, as
amended, making it possible to open
Indian reservation lands in Arizona
and New Mexico for development un-
der the general leasing act. 1t is pre-
sumed that the senate will concur III
the house amendments. This act also
makes it possible for the states to
collect production tax on minerals
produced within Indian reservations.
F. M. Manson, president of the Wes-
tern Ore Purchasing company of King
man, during the past two weeks, has
taken over the Empire, II miles north
of Parker and is now making arrange
ments for leasors on this property
Arrangements will be made for the
sampling of ore at Parker for ore
shipped from this property. The En-
pire ore runs about IL per cent cop
per and between $12 and $40 in gold
and there are some good leases now
available on this property,
The United Eastern Mining Com
pany, Roy Moore, chief engineer, is
to start the development of the Bar
bara, Mountain Mining company i'm
mediately. This property is located
four miles east of Mayer, Arizona.
The banking and currency commit
tee of the house of representatives
has reported favorably on the passage
of the Pittman bill already passed by
the senate directing the treasury to
purchase fourteen million ounces of
silver at 81 per ounce, to complete
purchases under that act and to cover
silver allocated for subsidiary coinage
The Mohican Copper company at
Bouse reports that development dur
ing 1924 consisted of 5,O40 cubic feet
of work on the unpatented claims.
with so feet of work on the gold
claims, with research work under
D,rJ1 hot
which was more than satisfactory. A
shaft has been started on the patent
ed group and is now down IA feet
This is located about 225 feet east and
north of the main shaft. The com
pany purchases only for cash, prefer
ring to develop only as finances per
nit
A new bag system has been intro
duced by the Ell Paso Smelter to save
the lead which volatilizes at low tenn
peratures. A tunnel conveys the min
eral laden fumes to the great fiue
chimney and is deposited on the walls
as quick lead in heavy oxide and then
is lost by the heavy draft that blows
it out as lead dust. The bag system
is to recover this loss in 100 woollen
bags 80 feet long and Is inches wide
swung in the precipitation area.
1t is reported that the work of the
Monte Cristo Mining and Milling Com
pany near Wickenburg, Ezra w Thay-
er, president and manager, Phoenix,
Arizona, is to be more extensively
pushed following the present cam
paign for the sale of stock. The stock
is being sold on an unusual basis for
mining stock, l. e., if the purchaser
decides within a year that he wants
his money back it will be paid him in
three annual installments with per
cent interest. The Monte Cristo COM
pany owns 38 mining claims in the
Constellation district, upon which 20,
900 feet of development work has
been completed. The property is well
equipped for further work.