Bisbee daily review., 1904-05-17
Warrefl rlining District
Saginaw 0evel.
 MANAGER Arrives In Houghton
GRADUATED FROM COLLEGE OF MINES IN 's3, AND FIRST
 VISIT SINCE.
Speaks Highly of Junction Prospects Saginaw Has Ore, But How Much is Not Known - Stockholders Are Willing to Take a chance-6eiieves It Will Prove Mine.


 Willing to Take a chance-6eIieves
 It Will Prove Mine.
 F. l.. Harrington of Bisbee, Arizona, arrived at Houghton yesterday con nected with the Saginaw Development company. in which he is largely inter ested. Mr Harrington was a member of the class of 1893 of the Michigan College of Mines and this is his first visit to the copper country in that time. He was greatly surprised at the many changes that have taken place since then, particularly in the appearance of Houghton. The frame structures that then adorned Sheldon street have been replaced with large stone and business blocks. The Douglas House, then a large frame structure, is now a much larger hos telry of brick and stone. Mir. Har- rington will visit Calumet before re- turning 10 the southwest and hopes to get time to visit some of the mines, mills and other places of interest.
 For three years MT Harrington was in the employ of the Copper Queen Mining company, resigning on March l of this year to take the position of general manager of the Saginaw com pany For a year and half he was chief mining engineer of the Copper Queen and during the remainder of the time in the employ of that compa- ny was superintendent of a property owned by the company in Sonora. Mexico.
 The Saginaw Development compa- ny's property comprises 2S7 acres and is located about two miles due east from Bisbee. It adjoins the property of the Junction to the east and north. and adjoining 1t on the south are the Fashion and Me Cabe groups of claims. options on which were roc"a.- ly secured by Thomas Cole for the Calumet & Arizona interests. Whether the Fashion and McCabe groups wiii be joined 10 the Junction Or sepa rate company organized 10 develop them is not known,
 MT Harrington yesterday spoke well of the functions prospects. which he considers bright The functions shaft is down 695 feet and is expected to reach the limestone at a depth of about 750 feet as previously determin- ed by diamond drill boring. The Sag inaw Development company is com prised of Saginaw valley men and Mir Harrington and two associates in Bis bee. The Michigan men are the Ed dys of Bay City and W. B. Mershon and George Morley of Saginaw, all well known and wealthy business men of that district The company is capitalized for 100000 shares at s10 per share. Considerable work has been done on the property when the pres ent company took hold. An incline shaft was down 3S0 feet. sunk at the footwall Of the dyke. All of the work of sinking the shaft had been done without machinery. In all there were 660 feet of development when the company took hold of the property. Four hundred feet of this was on the 30O-foot level. One hundred feet of the shaft has gone through copper bearing ledge matter, foot and half of good smelting ore showing up in the face of the drift
 The present company began work on the property on April F, starting the sinking of a three-compartment vertical shaft which is now down fifty feet. A hoist is on the ground and will be installed at once. when the two shifts of men now being worked will be increased to three. MT. Harring ton expects to have 8 diamond drill at work within the next sixty days Five holes will be driven here and there about the property to determine the character of the formation. It has already been demonstrated that the company has ore, but it is not known how much there is of it. NIT. Harrington states that the future of the mine is not assured as yet but the prospects are very bright and the stockholders are willing to take the chance that a profitable mine will be the result of the present development worR-Mining Journal.