Show ARIZONA the level lias has been reached in the rico exploration companas Comp anys shaft sixteen miles north of kingman and a cros crosscut is now to be driven to the vein if ore similar to that found on the level is opened here the company will continue sinking to the foot point after determining the extent of the ore on the level W W lewis is in charge crosscutting has commenced on the I 1 level of them the gadsden copper mine at jerome the work is being done in a promising looking schist containing iron pyrites the work is being prosecuted toward the west and present plans do not include a heading to the south the gadsden copper company is subsidiary to calumet arizona and the work is under the intend in eney of J K hooper the inspiration consolidated copper company of miami C E mills general manager has declared a regular quarterly dividend of 2 per share payable parable october it calls for and makes a total of 2150 per share or 24 paid to stockholders since organization the companas comp anys initial dividend was in 1916 in which year it paid per share it paid in 1917 including a 25 cent red gross cross disbursement and has paid 8 this year including the present declaration the united verde copper and united verde extension mining companies at jerome mines and smelters shelters sm elters probably are making the best record in the state in regard to keeping up production the managements age ments of these corporations have shown tare rare foresight in meeting threatened labor shortage and other disturbing factors which are now the bane of the mine operator and have achieved higher efficiency in all plants together with a reported increase in profits benefits of the policy are noticeable all over the district judge henry schaefer and associates operating the emerson mine near chloride are now extending the main tunnel through an important and plan to extend the work with the expectation of opening another shoot the vein varies from four to twelve feet in width said to be all of a good grade of mill dirt with important streaks of high grade values are in gold and silver and it is reported that the company has about tons of mill dirt blocked out A twenty five ton mill is in operation on the ground E M bind is in charge |