Bisbee daily review., 1906-06-07

| COnSOllUdllOu IS lD COult, DeucNluB this to be the right thing, simple business proposition demanded by the conditions at the properties. Copper Country in Line. From Houghton county word comes that everyone in that district fayors consolidation, and that the stock has been sent to the proper source for reg istering and changing for the consol- 1 dated issue. All rights are wanted, too, as is the case everywhere. The copper country has been a great win ner or the shares of this organization. It holds a big lot of Calumet & ATi- zoaa shares. the dividends of which make so many hearts glad every nine ty days It knows all the men who are at the head of the Circle mines, and is right willing to trust them with the management of the enterprise un- der any plan they may desire. Duluth All One Way. Duluth, in which city large amount of stock of the Bonanza Circle group is held, and where several of it's officers reside, has no dissenting voices. All have sent their stock in and are very glad that this change is to come. Duluth has also profited largely through the purchase of these shares. and is a big holder of North Butte and Butte Coalition. It is agree able to anything the Bonanza Circle managers think is best for the inter- ests of all concerned.
 The East, Too.
 Pittsburg and New York were among the first to ask for consolida- tion. They know the benefits that consolidation brings, having been ex- perienced in it. Consolidation cheap ems the cost, makes it easier to meet competition, relieves the situation of many perplexing things, and there are only friends of the proposition in this section. The east owns a large lot of stock, too, the heaviest shareholder in the list being New York resident. Looks Like Clean Sweep. From news coming in we are assur- ed that there will be none who will refuse to accept the proposition of the directors. All of the big interests are already in, and we do not know of a single person who will not take ad- vantage of the rights he will have un- der the plan.
 As the proposition is being more thoroughly analysed, the more evident it becomes that the basis as proposed is equitable to all interests. Things are doing underground at Bisbee that strengthen this opinion. The property of which so much has been heard from certain quarters ais coming along strong, and that it will take rank with the best In the Bisbee basin seems assured.
 All these properties have been de- veloped very little as yet. They have merely been scratched little, and have shown up wonderfully well con- sidering the extent of their holdings.
 The Difference.
 In our Lake Superior country the copper occurs In belts of the forma- 1 ton, these having a regular strike and dip. It isn't very hard matter fol- lowing the mineral once the lode has been located. These belts are narrow, the mineralized portions being from six to forty feet wide. In Bisbee the mineralized area Is a mile or more in width, and there IS no regularity of ore occurrence.
 Development Is Rapid.
 Development of mines in Bisbee is rapid, compared to our region. how. ever. The work of the Bonanza Cir cle people shows this.
 In one letter we have received this week the writer says he will be will | ing to wait for a year to give the mines a chance to show their worth.
 A Great Business. | The consolidated properties will form great enterprise in which all the shareholders will have reason to rejoice at the benefits the working as one company will secure It is the only thing to do. There should be no ! quibbling as to the difference of val ues between one or the other as made by those who are in :he best position to judge intelligently. All are going to make much better showing as time goes on and the miners have an opportunity of locating the good things underground. It is going to be a very satisfactory business. The mines have ali now reached a stage where development should be rapid. and while the maximum will not be reached next year, or for very many years thereafter. there will surely be 1 something good to report in a year from this time. There are very many | good things that can be said now.
 It is an honest business honestly conducted. and it is going to win out handsomely.