Bisbee daily review., 1907-03-09
GREENE GOLD MAKING
 GOOD PROGRESS
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from Fl Paso to a connection on the Hartman lines and construction work Is actively under way upon this road which will cross though our proper ties from east to west. while the building of the Kansas City. Mexico 6 Orient road from Miuaca to Bocov- na and Topolobampo is opening up a rich mining country to the 3outh Every additional road that is built, af- fording cheaper transportation to this section. adds millions of dollars ta the value of our properties.
 Large Holdings.
 T have taken the ground that the foundation of success for an industrial company was to obtain the raw mate rial first. and with this end in view. have secured for our company the largest holdings of gold. silver. cop per and lead mines. of coal. of iron and timber. of any mining company now operating in the world.
 We have built 150 miles of wagon roads through the heart of the Sierra Madre country connecting our mines with eaca other and with the railroad. We have over 200 miles of telephone lines and other necessary adiuncts to the profitable handling of our bus mess. We now have in operation re- auction mills treating more than 200 tons of ore Der day. affording a large profit upon the ore mined and milled. We are increasing our reduction ca pacity rapidly. and upon the comple- ton of the Nayidad mill will have an additional 300 ton capacity: while plans are now being prepared for an- other 800 ton cyanide plant. adjoining the Concheno mill purchased by uc of Mckinney Corrigan & Company.
 Concentrating Ores.
 Tt is the present intention of the management to concentrate reduction of ores for the present upon the Navi. dad-Concheno group until our plant has capacity of treating from 1,50O to 2,OOO tons per day; this property being the most accessible and afford ing best opportunity for rapid d'avel- oDment.
 Upon the campo. Santa Brigida. Cerro Boluda. Trinidad Mulatos and Guaynopita properties mine develop ment work is being pushed. but our activities there will be confined solely to blocking out ore.
 ~ NaAHSc. AA4C AhliiS HI Dt NAOSSu down. pending the comnletion of the long tunnel now being run. when the plants th~-- will be changed into the cyaniding process which has been practiced there in the past. our expe- rience having shown that the ore at that camp can be treated to very much better advantage by the cvanids process.
 Electric Power Plant.
 Surveys are being made for the in- stallation at Navidad of an electric power plant. there being ample water power available for that purpose. This will effect a further great saviug in mining and reduction costs. wnIcn now aggregate about five dollars Der ton.
 "Our present net earnings on the ores which We arc treating are seY- eral times greater than the amount required for paying the dividend on the entire 300,e00 shares of preferred stock authorized. And our ore veins are developed to a sufficient extent to guarantee dividends oa our pre- ferred stock for many years to come.
 The proceed of the sale of pre- ferred stock now offered will be de- voted to the payment of balance due upon purchase price of properties still unpaid and to increasing our reducth capacity. Upon this being done. our company will earn a net amount lar in excess of that needed for paying not only the per cent dividend upon the preferred cumulative stock. but also upon all of the common stock of the company.
 Plenty of Raw Material.
 Like the United States Steel Cor poration. the Amalgamated Copper company. the Greene-Cananea Copper company. the Calumet & Hecla and the other large mining companies who Save made large amount of money for their stockholders. we own large extent of mining territory: we have the values. the raw material. and with their development. large profits will accrue. not for one year or ten years, but for generations to come.
 'I can confidently assert that, with full knowledge of the conditions and with the significance of the statement that I now make within a few years the Greene Gold-Silver company will alone produce more gold values from N~4C hhAhCS O"HCu UN II ludu the entire amount of gold now produced in the Republic of Mexico. We have the largest bodies of gold quartz running from ten to twenty dollars per ton, now known to the mining world, not excepting the Rand in Africa; and while the Rand is divided up into two hundred or more different companies, the Greene Gold-Silver company has over sixty miles of this gold bearing zone in one holding.
 ''The directorate of the company is composed largely of the same men who have been associated with me in bringing the Cananea mines from a capitalization of s10,000 to $50, ,0OU,OOU tthe present issued capital of the Greene-Cananea-Copper company now selling on the market for more than par). within eight years. and we have pursued the same policy of getting mines. first. then developing them as rapidly as possible: and I can assure all Greene Gold-Silver stockholders that in my belief. within few years the Greene GoId-Silver company will be making larger net earnings than what the Greene Consolidated Copper company has made in the past. and that it will be enabled to pay much more than Der cent upon not only