Bisbee daily review., 1905-02-03

Producer Than the Commonwealth. The special and first complete re- port of the Huachuca Consolidated is made public today. This immense property. which, so to speak. rides the majestic Huachucas cross saddle at the head of Miller Canyon, has been the center of widespread interest in mining circles for years.
 Comprising twenty-four claims its extent is a matter of record. Having been visited by scores of mining men and mature observations taken on its eight great parallel lodges. developed by nature to depth of approximately six hundred feet, the size and perma' hence of it's ore bodies have been con ceded even before its present plan of development was commenced. The val ues having been tested by thousand assays from impartial samples and 250-ton mill run, that matter has been set at rest to the good. Assisted by nature and every conceivable circum- stance and inherent merit, the woEK or development was surprisingly success ful from the beginning, and registers greater progress for the money ex- pended perhaps than any other devel- opment proposition in the history of the country.
 The report shows that the total de- velopment fund has footed up $24.5OO, and with this fund nearly 5000 feet of development work has been done
 Practicable roads and trails have been constructed, equipment, build ings, supplies, a-ssaying. incidental ex- penses and a company store of respect --able )capaeisy with stock and fixtures have been supplied, leaving sound as sets out of the fund of about $lO.Ooo in value. This constitutes about as fine an object lesson in economy as can be cited.
 The Huachuca Consolidated. besides the pre-eminent advantages it enjoys in the matter Of an immense property as above outlined has not one solitary financial string on it. While other development enterprises are capital izing and showing stock ferociously tt pay for the property, the Huachuc; Consolidated is paid for; while other are struggling to develop and huli' roads and find water or get rid of wa ter, all this work has been accomplish ed by the Huachuca Con. After Sc curing title, completing deyelopmen work and laying open the nnest gol property in the land, the company na just I05. .0Go shares of treasury stoc left unsold.
 Its next move will be to place 5000 shares of this stock on the market not to pay for the ground. not to dete mine whether or not they have min not to pay high salaried officers build fancy residences and buy re automobiles, but to put in a first-cla: thirty stamp mill with plates and inc dental appliances and begin to tai out bullion-a golden reward for u faith and confidence of it's loyal stoc holders, most of whom have meal commensurate with their judgment.
 In this connection the managemeT true to their record of fidelity to the shareholders, have given the origin stockholders the inside even to t exclusion of promotion stock.
 These people will have from Febi ary 18th to March 18th in which
 gather in the new issue according their present holdings. and will be g en a liberal bonus on the investme1
 Being so fortunately situated fin; cially and every other way the co pany will certainly have no diffcu in organizing as mining company a listing their splendid property as standard producer and handsol dividender.
 It is safe to predict that witt twelve months the Huachuca Cons dated will have redeemed the fair r utation of Cochise county as an portant gold producer, reputat that suffered severely by virtue of suspension of operations of the e brated Commonwealth at Pearce.