Bisbee daily review., 1906-12-14
DENN ARIZONA WASTHE WHOLE
 ;! THING 7.
Crowds Filled the Local Brok-
 craze Offices and Bidding For Denn Was Spirited Price At Close Was S38 Bid.
CR0SSCUT IS STILL
 IN A GOOD ORE BODY

All day yesterday an enthusiastic crowd filled the local brokerage of fees. There was only one topic of ccnversation-that was Denn-AriZona. Denn-AriZona has more than doubled on the stock market during the past three days. It opened Monday morn ing at $500. and few hours after the opening came the announcement from the mine that the morning shift had shot into full breast of red oxide ore. Then the fireworks commenced, and the close last evening was s3S % bid for five hundred shares.
 Since Monday morning the shift at the Denn has been working in this new ore body, and already about twen- ty-five feet of the good stuff has been gone through. The ore was struck in the crosscut, running from the main drift on the 1000 level in the direction of the Saginaw. The crosscut was started at a distance of 525 feet from the shaft and run in a southerly direc- ticn towards the diamond drill hole that was sunk more than year ago, which showed ore in the cores. and was the prime factor in causing the sinking the Denn shaft. The crosscnt is now in the vicinity of the diamond drill hole. but has not yet been en- eountered.
 On Tuesday and Wednesday the bid ding for Denn was spirited Orders were fired into the eastern centers at two dollars above the market price, but before they could be executed the market had advanced from three to i've points. Finally the eastern buy CTS woke up. and upon official adyices received from Bisbee, entered the mar ket for large blocks. Bisbee was a buyer all through the three days trading and local investors paid as high as s3S.00 per share yesterday.
 In the meantime the shaft at the Denn gives. every promise of breaking into ore. The shaft is now bottomed I in an iron formation, and within the next fifty feet 1t would not be surpris- ing to see ore exposed both in the shaft and the crosscut.
 Several small fortunes have been made in Bisbee during the past three days. especially among the younger set. who had pinned their faith to the predictions of Byron Pattisson, the young superintendent. who has sue eessfully engineered the destinies of both the Shattuch and the Denn-Ari- zona in this district.
 The Denn-Arizona Development Company came into existence in the early part of 1905. and the exploration work at first was confined to diamond drill prospecting Then it was whis- pered that ore had been discovered in one of the diamond drill holes, and a few weeks later preparations were under way for the sinking of the shaft On the nine hundred level promising stringes was encountered, and the work on the 1000, which has been un der way for the past three months. has been rewarded with the latest strike which shows beyond doubt at the present time, that Denn-Arizona will soon be added to the list of Warrer district producers.
 The strike at the Denn is of great importance to the Warren district. ], has disclosed an, ore body on the ex treme eastern boundaries of the dis trict and proves up the ground in that locality, making American, Saginaw and Warren share in the advance.
 The Denn-Arizona Development Company has capitalization of $750. 000-75, 600 shares-with a par value of s10 per share. All of the stock has been issued. The company owns out right a one-half interest in the claim. and has an option on the remaining cnehalf interest which Is held by Mor iris Denn. of this city. The company owns approximately 200 acres, com rrising the following claims: Triangle Robert E. Lee, Cotton Tail, Yorl State. Orleans, Bucky O'Neil, Xenia Examiner. Ophir. William. Buzzard Admiral Dewey and part of the Johr Daisy.
 The officers of the Denn-Arizon: Development Company are Martin Patisson. president; Thomas Bardon vice president; l.. c. Shattuck, treas urer; John G. Williams, secretary; A Guthrie. A. NJ. Chisholm, John O. vii Hams. Thomas Bardon, B. M. Patis son. Martin Patisson. l.. c. Shattuck Maurice Dapp dfrocfora