Arizona weekly journal-miner., 1901-04-10

sight in its workings, and yet only developed to a depth of 700 feet. It is not only known that the property of the McCabe Extension is on the same vein as the NcCabe, but It Is also known that the ore body oil the latter is the richest at the point near est that of the Extension company, or probably at its line, as drifts on the McCabe run very nearly, if not quite, to the line of the Henry Clay, of the McCabe Extension. The point se- lected for the shaft of this company Is near the dividing line between the two properties, making 1t almost a certainty that this ore body which has made the McCabe famous will be encountered within the limits of its neighbor.
 There are about 750 feet of develop ment work already done on the prop erty in the shape of shafts and tun- nels, the work being done for the purpose more particularly of prospect ing the vein; and it has demonstrated that in two of the claims-the Henry Clay and George Washington-they have 5000 feet of the NcCabe vein, while in the Blind Girl they have also a vein, which from the meager devel- opment work done, gives promise of proving richer than the others. The property also contains parallel and cross veins which have never been worked within the limits of adjacent claims, and of which, of course, the possibilities have never yet been dem onstrated.
 All the money received from the sale of the treasury stock which IS offered wtil be used in developing the prop erty, as the company has no salaried officers to pay, the time required for its management being freely given, for the purpose of placing the prop erty on dividend paying basis, when they will receive their reward with other shareholders.
 The company has secured very flat tering expressions of opinions from a great number of men competent to give an intelligent opinion on min ing property, one of which is produced below. It is from Colin TimmOns, a recognized authority on mining mat ters, and who is noted for his conserv- atism in expressing opinions ln ref erence to them. Speaking of the Me Cabe Extension, Mir Timmons says:
 From an acquaintance of some eight years with the McCabe mine and the surrounding mining district, 1 feel justified in speaking of the McCabe Extension in terms of high praise. The vein on which the McCabe is located, and which is known by vari- ous names, at different locations, Is one of great strength and persistence and is characterized by continuous mineralization, all the shafts which have reached considerable depth hay ing encountered good paying gold ore.
 "In general there is no safer method of mining than that in which ground is selected, having in view its relation to other well known developed and meritorious property. This has been done in the case of the McCabe Ex- tension. There is no question about the company owning part of the same vein as the McCabe people, nor is there any question about the large and valuable ore bodies of the McC- Cabe Extension ground as far as the McCabe ground has been explored. In my belief a comparatively small sum of money wisely expended n the development of the south end of the Henry Clay will find ore in paying quantities. will say also that from intimate acquaintance with those con nected with the McCabe Extension, I am justified in saying that every dollar entrusted to them will be wisely spent in development of the prop erty."