Bisbee daily review., 1904-03-09
C. & A. Purchase
 Coming to a Head
PARTIES OWNING CLAIMS ARE
 GRANTING OPTIONS.
Possibility Of the Deal Being Closed Within the Coming Two Weeks. ciaimholders Disposed to Transfer Their Rishts-ln Most Instances Prices Stipulated Are Reasonable.

The successful continuation of the plans of the Calumet & Arizona com lpany for securing possession of a vast lamount of mining territory located lsoutheast of the Junction and Calumet I& Pittsburg properties. though not yet assured, is gradually coming to a head, and the possibility is that the deal will be completely closed within the coming few weeks. The claim
 holders who hold the titles to the property which the c. & A. people are
 anxious to acquire are more than thirty in number, and besides, their places of residence are located in sev- e,al different states It IS therefore apparent that to complete the deal a
 considerable length of time is re- quired, as in each instance options
 must be secured.
 1 Destpite the fact that so many par lties are interested in the transfer of the territory involved, there seems to
 be no likelihood of hitch in the pro lceedings occurring, as the owners of
 the property are gradually coming in- lto the deal. In some instances the prices stipulated for certain claims is
 rather high, though for the most part the figures are reasonable. The az or o ta hnt xx-tf1 ha f<xy- the thirty-odd claims involved, if the
 deal carries, will, however, be consid- erably larger than the company pro
 posed to pay.
 Whether this will result in the c. & A. officials finally deciding to with
 draw is hard to say, but it is quite icertain that the company does not pro pose to pay too exorbitant price. It therefore behooves the claimholders Ito be reasonable in submitting figures for their holdings, as there is no doubt that the c. & A. people are willing to lpay as good a price for the territory as it will be likely to bring in a long time from any other combination. The success of the deal would mean more to Bisbee and the immediate vii Ic.nity than any transaction of this na- ture that is likely to be consummated in long time. The property Is with out question valuable for mining pur-
 D. ses, but it is probable that years
 land years would roll by ere anything 'extensive would be done toward devel- Ioping the property unless some large land influential company secured pos session of it. Developments would doubtless be made of an insignificant
 nature, but nothing of importance
 would be accomplished until such time
 as operations were commenced by a |ccncern of equal magnitude to that of the c. & A.
 The control of the property falling into the hands of the Bonanza crowd would be perfectly natural. as they al- ready own the vast territory extending from the Copper Queen grounds to this section. The company will be in a position to operate on the proper ity to better advantage than would out side parties, and the development of the tract would be on such scale as would be most beneficial to Bisbee in
 general. Business men, and in fact every one who has an interest in the
 welfare and future growth of the city,
 are therefore hoping that the territory involved will soon revert to the ener- getic Michigan combination which has already done so much toward bringing
 the Warren district into such promi-
 hence as is being envied by some Of
 the largest mining camps in the country.