Bisbee daily review., 1906-05-31
Mining Men in Michigan Are Confident That ConSolida-
 ton Will Be Effected.
SOME COMPLAINTS
 ARE BEING HEARD.

Consolidation of the four properties of the Bisbee group. known as the c. & A. sisterhood, and not including the Calumet & Arizona, has been an- nounced. There is little practical doubt that the consolidation of these properties will be effected very soon. That Is assumed. The publication of the complete statement of the direc- tors 70 the stockholders in our issue Of Sunday created a great deal of deep interest among the thousands UI pt Ople who arc interested financially iu this important matter. IL might De
 assumed quite naturally that the Otll- c,ais are sure ot the success of Ihe.r plans through the control Ot the great
 majority of the stock, and that they, the largest stockholders, are satisfied the proposition is for the best interests O1 all concerned, themselves included.
 The public has taken a very large il- teTest in all of these properties. The original success of the Calumet S Ari- zcra Company whetted the appetite U.
 the copper investing public for any | th!ng under the mduag@meuU of Ihs OI- --N--4~ Fl tA4S SOLLPdAg SO Iudt NASA these development corporations we're put on the market the demand for the SOCK vas something exceptionally
 suong. And from the first the puDnc has been buying stock in the four dII- ferent companies, realizing that the | properties, some of them at least, had
 valuable ore bodies, all had immense | possibilities and all were sure O. | gooG management and no lacA of cash. | That there will be some compiaiulng 1 about the terms of consolidation seems | quite natural. There are many peo- 1 pie who have their money In one og l the other of the properties and one J alone. Such people are likely to think ] that their property has been discrlM- | iEated against. That's human nature, ! for they must have considered their | one much better than an! of the olh- ! CTS or they would not have placed | their money in the stock. Just eXacj-
 ly how the public will take the news ! cannot be judged for several days, for i 1t .akes a lot of figuring for each stockholder to see just where he is a; on the new deal. However, the man
 Hbo has money in all four of the com pgEies has no complaint. The gener-
 al effect of the announcement will un- occasionally have some immediate market effect and that is 70 bring the
 four stocks to relative market yalua, tions in conformity with the schedule of values as stated in the circular is sued. One immense property and 8 copper producer that will be a great | factor in the red metal market iS &hat ' we look to see as the ultimate result 7 of this consolidation. The scheme a' outlined in the circulars carries Witi ! it a proposition which will make tht treasury of the new company rich and insure a continuation of the work oi i development along lines of genera I thoroughness which ought 10 be the best plan in that district. The area lof copper ore possibilities included ir the limits Of this consolidated cor poration make it seem certain tha
 many new and immensely rich ore bodies as yet unthought of may bC found in that camp. Those already I opened and being handled can put tho
 property on a substantial production
 basis al Onca and the saving from more economic operation and from genera f repetition atNthe mines will be fac TOT of much more in poTtanee than the
 average stockholder zt this distance
 inagines We predict right nov tka
 five years from now viii see ihis new
 consolidated corporation one of tho biggest paying copper mines iB th<
 Jnited Staies and factor in prcduc
 ton which VIII have to. be reckoRe, Houghrou NinlnS Gazette
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 PERFEcTNe PLANS.
 The musical planned by tho AieJEo