Arizona republican., 1898-03-03
STOCK COMPANY's SUCCESS.
The Bisboe Orb Suggests a Plan to
 Open Up Mines.

Bisbee is rapidly becoming the min ing center of the southwest, says the Orb. It has a population of something over 5000 souls, and it is a conserva- tive estimate to say that it will be doubled within the next two years. Since the opening up of the Copper King, a little over a year ago, the pop ulation has increased not less than 20 per cent, and the Copper Queen con- pany has been increasing it's force con siderably during that time. With the starting of the work of the South Bis bee Copper Mining and Townsite I'm provement company with it's late pur- chase of over fifty claims, and the com pletion of the organization of two oth- CT companies for the purpose of opening up the Diamond Drill or Hig- gins group, just below the railroad bend and adjoining the famous Oaly group, and near some of the Queen company's claims, the other to operate the Twilight properties which lie southwest of town, the outlook is in deed encouraging. Though little has been said about the Twilight group it has been considered by mining men to be the most favorably located of any of the many valuable groups in this camp. Lying alongside of the Copper Queen for over 4.000 feet in the same mountain, same formation, same character of ore, wonder has often been expressed why such property has not been developed before now, as the Queen company has been operating in that direction for about twelve years, and some of the richest ore talk en out by the Queen company has come from this locality or the south west stOpes. The very fact of it's be- ing in such close proximity to the Copper Queen, perhaps, operated as a bar against it, as capitalists would draw the inference that if the claims were of any value the Copper Queen would have purchased them
 Few people know that the Queen company for over five years had only three claims, viz, the Copper Queen. Copper Jack and two-thirds of the Copper King. The same question was asked of claim owners then as now ''why does not the Queen company buy your claims if they are valuable ?'' During the past twelve years they have increased their holdings to over sixty claims.
 Outside capital at last has been in- duced to come in and open up the re- sources. The town ows many thanks to c. w. Blackburn, superintendent o the Copper King company, who wen to work and organized a stock com pany and commenced development work in a systematic manner ant prosecuted it with untiring diligence The company is in a f1ourishing con dition and the limited number O. shares that have been placed on thu market are nearly exhausted Int shaft is now down close to 600 fee with the encouraging prospect of open ing up one of the most valuable min ing properties in Arizona
 There is no more sure way of open ing mining property than the forma tlon of stock companies and the Orl advises other claim holders in the ter ritory to follow in the steps of Mir Blackburn. What would the Comstocl have amounted to only for the incor porated companies? What mad Colorado the mining state of tn Union? Stock companies. The sam may be said of Butte, Montana. tn greatest copper camp in the world What would it have been had it beer left to private company to develo its resources? It is the same witt every mining camp in the west.
 With several companies working il camp they neutralize each other an, no one company has the predominant ing power. There are yet in the grea copper basin some six or eight group of claims that will prove paying in vestments for capitalists, and the