Bisbee daily review., 1903-09-08
CALUMET AND BlSBEE
 SPRINGS SENSATION
BIG SCRAMBLE FOR STOCK FRcM
 ALL SIDES.
Expected that Snlendid indications Will Be Succeeded by Big Gre Strike.

Will Be Succeeded by Big Gre
 Strike.
 All day Saturday the news of the splendid conditions prevailing at the bottom of the Calumet & Bisbee shaft was thoroughly discussed about town and the telegraph office was kept busy sending out requests for punches of he stock to Michigan trading centeis as the local brokers were very quick ly sold out of shares of that stock.
 Yesterday morning bright and early the brokers were overwhelmed with orders of rush character and the wires were kept hot sending requests 10 Michigan. Minnesota and every point where it was thought shares might be procured.
 The knowledge that payment on he stock is called for September 25 of course made uo differerSe to those who wanted to get in on the good thing" which the Calumet & Bisbee certainly is.
 From the information which was available regarding the position of this stock in the eastern markets it was judged that about the same con ditions prevailed there as were no iced in Bisbee, and that buyers there were falling over each other in their sesire to get in before the advance should carry the price too high fer them.
 At the property the evidences of the near approach of ore bodies are of the most promising character and just such as are usually considered as the inevitable forerunuer of the rich min eral deposits In fact it seems to be only a matter of a few feet till the 'ong looked for ore will have put in an appearance Of course the shaft may evoid the deposits but it is reasEe1 hat hut little drifting and exp! ;ra- tory work will row be necessary .o To cate the bodies.
 The magnificent manner in which he sinking work at this shaft has
  on both tue officials and the men who lave done the work and if they stall chow uD large ore bodies at this point 1t will be recognized as considerable triumph and as making an enoch in the history Of mining in the Warren district
 For months past the attitude Of those interested in this district has been one of "euergetic expectancy" and the development of ore bodies at this time will he quite in line with what many we'll posted persons have anticipated For several weeks past the wish that some of the comDaniee would strike it has been on the lius of most of the people and if the Cal umet & Bisbee does the deed if will be especially pleasing and acceota- able as their greater distance flom the so called parent body" at the Queen will give promise of the deposits be. of the local prophets" care to clairr. Far reaching in extent would he the effect of the location of ore bodies in the Don Luis district. Indeed it wouri doubtless be vastly greater than most people now realize tor there would then be good reason to expect that SC vcIal other companies would soon reach the minerals and the consequent |, production would occasion such a boom time in Bisbee as would proba- ply pass the reckoning of the most ex- perienced-"
 The depth is-raoidlv rearing the | ITS foot mark and though many diC: not look for results earlier than 1000 1 feet. the present situation is viewed with general saticfaction
 From what can be learned the ledge matter is strongly diffused with tale and decomposed lime and other 1 splendid indications to an extent greater than have been obtained iu any of the shafts ou-side the produc. CTS. and the favo-able showings in '; crease with each rew foct of depth
 The Calumet & c'=hee is splendidly velopment work. both sinking and
 drifting for the new hoist and boiler
 capacity is ample to take care of al
 the hoisting which can possibly be
 required in the shaft for at least si,
 months to come.
 The operations will now be watched with the greatest of interest and it is
 generally conceded that but few days should be necessary to bring to