Bisbee daily review., 1905-07-09
THE BONANZA CIRCLE.

THE BONANZA CIRCLE.
 The following article was printed in the last issue of Iron Ore. 9 paper believed to be as close to the controll- CTS and managers of the mines in cluded in the Bonanza Circle group in the arren district, as any in the country:
 There isn't a more lively location anywhere than that in which the Bon anza Circle people are doing business. All the properties in the group are re- ceiving close attention and every one of them is being treated as it 1t were to make a big mine. Iron Ore has been saying little of these properties for the past few weeks as there has been little to present. There is the ordi- nary sinking and drifting and prepara- tion for treating the ore that has been going on for some time. Mines are not made in a day nor are furnaces for smelling the ores put up without ef- fort There is nothing of the mush- room in this sort of growth. It re- quires time and money. This is no news to our readers. but there are some who seem to momentarily forget these facts. and many of them are di- reetIy associated with the mining in- dustry in ether fields than the Ari- zona.
 The Benonza Circle neror looked as strong to the miner as it does today. To the speculator it may not present just the picture he would like to see but that is the way stocks have, be ing subject to many fluctuations. A few months ago Steel common was selling at $9 share, the preferred al $49. St that time there were thous ands who predicted the total collapse of the entire structure was close al hand. The newspapers were full oi it-and the wise bought the stock This week the comnon touched &. and the preferred s100. It is not un common to see stable railways tum bIe from three to ten points in day There have been no exceptions to thi! rule. The brokers make their none! on the buying and selling of shares the spectators make theirs by seiiini and buying, and resort to all sorts o schemes to make the business profit able MT. Tom Lawson. the great est pirate of them all, who has prey ed upon tho weak-minded and mad fortune by deceiving those who req his "chestnuts," is one of the clever est and characterless in his profe' sion. He has assailed the things h wanted to buy and landed those Il wishes to sell. He has nsed printer ink with great effect. selling his Taal azine-and the public He rightene many into dispOsing of good thing but he never succeeded in sending U the price of those properties in whic he held a majority of the stock, Trii ity mining being one of these. FC some reason the public didn't accel this portion of his presentation, wilic also proves that il is far easier to q stroy than to build up.
 The speculatcr will find many thin: to conDse and annoy. There a many lever gentlemen in the sto' business who live by their wits al who seem to have the machinery
 hand to make things move accordil to their plans. Then there are othe who do not possess this skill It
 tricky, hazardous vocation, that
 the stock gambler.
 The investor ~-d it is he who mals the solid market puts his money to enterprises in what we consid a legitimate way, hoping for deveiC ment that will earn him fair int est upon bis money and at the sar time advance the value of of his pr
 cipal While the stocks are risi
 or falling or remaining stationary
 is sinking the shafts. pushing t
 drifts through the rocks. putting
 pumps ana hoists. erecting smelte
 and doing the work necessary for {
 opening and development of
 mines. He is the man upon whi
 the main burden rests and he is g
 erall too busy to give mush time
 the stock quotations. He usually
 troubles enough without addi
 these.
 This is true of the men who ;