Bisbee daily review., 1907-04-19
FINAL PAYMENT CANANEA-CENT
 ANTICIPATED
Henceforth the Earnings, h. stead of Being Used Partly for These Payments Can Be Devoted to Development,

Hayden Stone & Co. in their week ly letter say:
 The final payment on the property of the Cansnea Central, due January l, 1908, has been anticipated and the company is now in full possession. Henceforth the earnings, instead of being used partly for these payments, can be devoted solely to development
 The work of opening up the Can anea Central lands is progressing as rapidly as such tremendous under. taking can, and the results to date tend to confirm the prediction that this property will make a second Greene. They are now down by shaft and winze to a depth of 150 feet on the Bonanza vein. In the winze that is being put down from the first level to the second, the ore averages over II per cent, while recent sam pies from the two stopes off the shaft run all the way from 5.6 per cent to 50 per cent.N Undoubtedly there is a great deal of this high-grade ore, but the experience of the Greene has shown that the vein must not be ex- pacted to carry these high percent ages of copper to depth. We have little doubt that the management IS figuring on a value for Cananea Cen tral ores no higher than that to which Greene has fallen-about per cent and that everything above this they regard as velvet" It is reported that an ore body entirely distinct from that on which they have so far been working has been discoN-Ieu and gives evidence of having an i'm mense tonnage
 The work of adjusting the Greene smelling plant to meet changed con ditions at the mine is hardly less an undertaking than developing the Can anea Central. The new furnace was blown in few days ago. and as suutl as this is in fall blast the rebuilding of No. 2 will begin. The building oI a new series of concentrators after the most approved moredn methods has been decided on. As showing the larger units in which the proposition is now being handled, it is interesting to note that whereas the cid concen- trator was in sections of 30 tons ca pacity, and that constructed under Dr. Ricketts, in sections Of 800 tons, the new concentrator will be in units of 1000 tons capacity.
 A new departure inaugurated by the present management is the geo. logical survey that is being made of the whole country. This will be ioI- lowed up by diamond drilling and will give those in charge complete geological cross-section of the entire property. As positive results are ex- pected from this as from similar work at Bisbee.
 The work, then, of bringing the earning capacity of these great pIUs critics is proceeding along well de fined and inteIligently mapped out lines. Results from such a stupend- ous undertaking are necessarily slow in maturing and sometimes it seems to the outsider as if very little prog ress were being made. The success of such an enterprise, however, rests upon a solid foundation and nothing is to be gained by attempting short cuts. To judge from the former per formances of this management enough will be saved from earnings to pay small dividends, while deyei opment is under way.
 The time for exchanging Greene Copper and Cananea Central foI Greene-Cananea has been extended until April goth. Those who fail tc take advantage of this opportunity will limit their prospects to fraction of the earnings of these properties and VII lose the chance to become part owners in what will. without question, prove one of the greatest single enterprises in copper minint in the world.