Bisbee daily review., 1905-02-19

getting a big supply on hand. At the prevailing price of copper it is natur- ally desirable to work this matte as speedily as possible into the 99 per cent fine bullion that the smelter is turning out In view of which it is altogether likely that at least a part of the new converters ordered a cou- pie of weeks ago will be hurrying along with as little delay as may be possible. Seventy-five of the TOO men employed at the shelter are now on construction work in preparation for the new converters and on jobs for other extensions at the shelter.
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 It comes from very good authority that the L. s. & P. and c. & P. do not stand in grave need of money at the present time, as was the intima- tion conveyed in the first information from the east in explanation of the proposed consolidation of the Bonan- gas. The two properties might not have the ready money to put up individual reduction plants, should they be forced to such an issue inn mediately, and at the same time carry on their development work, but they are not by any manner of means em- barrassed in the matter of funds. T .:. + 1.
 When the tune comes that c. & P. and L. s. & P. need more money they can get it readily enough ntheir showings of ore opened without suf- lferance of the slightest embarass- ment. However, they do not stand ID need of any such relief at any early date. They are abundantly fixed for some time to come. so it is declared. Meantime each of the properties is daily getting better.
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 What the consolidation is really to be made for, it is apparent, is to cut expenses. It is purely an economi- cal step. That the economy will be very large can readily be understood when one stops to consider for a mo- ment the payroll in the business of fices alone were each of the Bonan- gas reducing ore to bullion under sep arate arrangements and maintaining separate office forces to keep all the mulutudinous details connected herewith. Clearly, consolidation would do away with an immense amount of expense in the office and operating departments alone. There Gre d great many other items Of ex ipense to be considered also that con solidation would lop off.
 There are a number of claim own CTS out on the Tombstone road, two three, five and more miles from Bis , bee, who are confident that they art , going to come in with big properties in the course of the next severa years. To this end they are working steadily and are accomplishing more or less. Some of them have goo( showings and are increasing the nun Der. It is at the present time most ly a matter of money to crowd devel opment that is hindering the situa ton. Somehow, until recently at any rate capital has looked askance at the section. It is waiting for success when it can have the pleasure el paying fancy prices for what may nov be had on very good terms, with g lot of good will thrown in for the man who will invest some money ir trying in systematic manner to make mine out there.
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 : In the last several months there has been more inclination Gp cG ths , part of the people with money to put into mines to look out Tombstone road way than has prevailed in long time. Several properties are now go ing ahead there with means in hand , to get pretty well into the ground and show what is there, if anything. A couple of these, the Empire State ' more particularly, are making very good showing so far as progressed Theoutlook is that if the ledge mat : ter they have continues with them ; it will run into pretty strong gold val l, ues. There is considerable placer gold out that way. Some ore taken cut in the past has stood shipping !, very nicely. The trouble has been that there has not been the money . available as yet to make depth with It costs money to go down, but it is depth that makes money in this neck l of the woods.
 , The new manway compartment be ; ing added to the junction is now rais , ed from the SS5 level to the 750. The work is coming along nicely. When