Show ARIZONA the following arizona mining companies declared dividends during the month of october magma copper company a quarterly dividend of 75 cents per share total payment and phelps dodge corporation a quarterly dividend of totaling total arizona dividend payments recorded for october 1927 the first shipment of 6 gold old bullion to be made out of phoenix in recent mining history of maricopa maricola Mari copa county was made when two bars of the precious metal we were re shipped to LO t san francisco by the mining 11 and development company the gold was taken from the old jack white mine located seventeen miles north of phoenix and about two miles from the cave creek dam the magma Cp copper per company william koerner general manager b superior produced pounds of refined cop copper during the third quarter of the present year at a cost of cents per pound before providing for depreciation or federal taxes but including all other fixed and general expenses in the previous quarter pounds were produced at a cost of cents per pound and in the third period of 1926 the output was pounds which cost cents a pound the mill of the walkover which has just been remodeled and made into an up to date plant is running steadily and handling about twenty five tons of or ore daily edaily using the cyanide process and makin making a high saving 6 of values says the kin kinman kingman b man miner of the the first gold brick will be turned out within the coming week the new company is the Ca lizona mining company with J Y as president jack hedden is general superintendent fifteen men are now employed on the property and about the mill the silver bell group of mines at mineral park owned by liec kay hasteen has been taken over by john livezey according to the kingman miner the property is to be equipped with electrically operated machinery at once and the tunnel which has been carried in some distance on the vein will be extended far under the mountain where all the veins in the group will be crosscut the silver bell group is situated in a wonderful mineralized area of the mineral park basin and the new operator of the property expects to open veins of high grade as well as large tonnages ton nages of mill material consisting of lead and zinc base kean st charli charles s and son william of kingman have returned from the golden door mine over in the weaver district and report that they have their new shaft down about twenty feet in a wonderful body of ore the vein shows a width of from ten to twelve feet the average across the whole width being more than 20 this new shaft has been sunk in a saddle at the top of the bluff at a point where engineers have agreed that an ore body was sure to be found and the men concluded to make a test of conditions at that point A small outcrop was found which widened out until it reached the dimensions stated above kean says that he believes that a still greater width of vein will be found with a little further depth |