Bisbee daily review., 1904-02-16
Biggest Price
 EVER PAID Improved Claims
cocAisE PROPERTY WILL BRING
 AT LEAST st,5oo,ooo.
Neal Rogers, Of New York, Felt Con- fident Last Night that He Would Succeed in Perfecting Deal by Wed nesday Night Where3y He Buys Claims for Eastern Parties.

At least $500 900. the biggest price ever paid for an undeveloped mining
 property in the history of the Warren district. will be the amount that will be turned over for the Cochise Copper Mining company's lands sometime be-
 fore Wednesday if the plans of Neal ! Rogers. of New York, culminate sue cessfully, and there is every probabil- | ity that they will. Last night NIT.
 Rogers felt quite confident that he
 would succeed in perfecting the deal
 without any further difficulty. He already has a large majority of the stock of the company and the amount still in the hands of individual share
 holders will most likely be transferred 1 tomorrow.
 The purchase of the Cochise com pany's property has been pending for long period. Mir. Rogers having pre- viously visited Bisbee with the ex- press purpose of acquiring the claims talists whom he represents. It has been no small undertaking 10 bring l about the transaction, as many of the | shareholders in the company have been reluctant to part with their holdings. However, MT. Rogers has | brought the matter to such a point that the sale is almost a certainty by straightforward and shrewd methods and if he succeeds in acquiring the l lands. to him will be due the credit Of closing a transaction involving the 1 largest sum of money ever paid in the territory for an undevelored min ing property.
 In stating that the purchase price be at least s1, ,000 The Review is
 not giving voice to idle rumor, neither
 is it using information obtained from
 an unauthentic source. but the de | tails regarding the deal come directly | from Mr. Rogers, his utterance re ! gar6ing the transaction being that he could not hope to make the pur-
 chase under the above named figure.
 He is also the authority for the fact | that more than threefcurths of the
 stock of the Cochise shareholders had ! been secured up to last night.
 i The Cochise claims number nearly | twenty and are situated on what is
 known as Chihuahua hill, being on the
 porphyry side of the contact. They
 extend from a point on Chihuahua hill
 opposite the central part of the city
 to the cid Copper King property.
 The southeast lines of the property
 are adjoined by the Copper Queen
 lands and the latter people have worked their ore bodies very close to l that point On this account it is
 claimed, by those interested, and who
 have done a great deal to ascertain ] the true value of the Cochise claims as mineral lands. that ere bodies ex-
 tend further in that direction.
 By the acquisition of the lands by
 the New York and Pennsylvania par
 ties the long disputed question as 70
 be found on the porphyry side of the l contact will probably be forever set tied for the customers will, doubtless,
 exert their efforts toward determining
 that point. That they feel quite con
 fident that large ore deposits exist un- derneath the porphyry is evidenced
 by the fact that they are willing to
 pay over a good amount to the Co.,
 cbise stockholders.