Bisbee daily review., 1906-06-14
Milwaukee Crowd Heartily iq Favor of Consolidation Plans Formulated by Directors of the Bonanza Circle.
Is Finding New Ore in the Extending of Its Drifts,
 and P. 6 D. Sending in Good Reports. r-
(Lsnpemirg Iron OreD

From present indications there will rot be q single holder of the shares Of the BOnan7a Circle group of mines who will not send in Es stock for 'ChangjLs to the consolidated issue From LeadCudrters of the Circle cOH. par'rN @ha IIepGTt comes that the StieaIG Of incoming certificates is q GCGady Cr2 and that all appear 10 be satisfied that the directors are edvis- ing the right thing.
 Mr Kennedy. broker of Milwaukee. Was in town Monday and while here informed Us that it was his opinion that every NilWaUkee1n would take advantage e his rightR fov reW stock and would certainly send iR his ce-- tiGJateS fer the consolidation issue He said there were some cTiticiSDs Of the plan 2CCOTdiEG to the holdings Of different people. but there vas only one view of the effort to consolidate, that being favorable 10 the plan.
 As Ue stated ir our last issue, all the prominent towns III the region Of Lake Superior are for th3 merger. as are the cities 1T the east where the shares are held. Milwaukee. accord ing 10 Mr Kennedy. appears to be no exception
 AS the matter u given more thought the advisabiiity of the change is more apparent. IT. car easily be figured by those least VerSed iH mining and SmeitIRg matters that there are many good reasons why these properties should be operated c3 one. It ig ap- parent to all interested. and tkere will Ee 10 dissenting voices for the DlaC- ing of ali m one big concern.
 Stock is Advancing.
 There Is some trading in the COnoOl dated shares. These cannot be de liye-ed until after the 10th of this nlCnCn. that being tne date set for the closing of the lists. After this time. providing the plan carries, as it will. there wIli he receipts issued. prCb- ahiy. until the engraved certificates have been prepared. The price quot ed has been an advance over last week. and there are many evidences that jke public !8 not displeJ3ed with the changes that IS to be made. It i5 in line with true progress ana t k so recognized by everyone competent of judging
 SO5S hs ASyS TcDn1 Etfs M'TGS-
 Junction is finding Hew ore in the extending of is drifts. ami Dem Arizona. located close hesice Juno t!o2, reports q very inlnc-t2pl disc0T- cry c3 ore of high grade. This rEd is between Junction ani the poTphvry which meets ihe HmCsLulr CT the I0r;h and cast. T'ha DreuE people have 2 strip Of land located between Junction and this dividend formation and have been successful iT proving ore UpuT if. We have q liking for the limestone area3 lyIUg close to the pOrPhyTeCJC rocks of tEis basin. It. seem t0 IS to be the natural place for ore deposits 2rd it has beer the history Of the Bisbee camp that these are the most likely plLceS. On 2C- count of LhIs We are favorable to Cal uTet & Pitt&hurg. Intrusive, miner al-bearinS rocks beins pronounced ln this location
 PittsburS & Duluth reports Q con tiUaRcs- Of the ore deposit found sev- erai weeks ago. whli" Lake Superior 6 PltLsbGrg Is showing new ore n0It1 ant south of tEc Cole sEaFt.
 Warrants t~crease- CiV. .dercS.
 All our reports from Bisbee speak iG the nest fattering terms Of the ere deposits Of Calumet & Arizona. a-tI while this property is Tot to be mcrg. cd with the others. is great success