Bisbee daily review., 1908-07-31
PRODUCTION FROM
 THE CLIMAX MINE.
Three Miners in Four Years. Have Taken Out S26,0O0
 Worth of Ore,

PRESCOTT, July 30.-Wfth an ay-
 craze of three miners working since | October, 1904, the property of the
 Climax Mining company in the Hassa-
 yampa district has produced S26, 900, Sl, l,5O0 of which was brought here in
 bullion yesterday from the company's camp. The SL500 brick is the result 1 Of recent run of the mill
 One of the claims of the. conpany's group of twelve locations, formerly
 known as the Montgomery and later
 as the Quartz Mountain,'' is the first quartz location ever made north of l the Gila river. It was discovered ana located in 1863 by Charles Genung, a pioneer miner of the territory, who l Is now devoting his time to the de velopmenU of promising properties III the HarQua Hala and Harcuyer noun
 tains in the new copper country trib- utary to the Arizona California rail road. The rich surface ores were treated ly the arastra process ana
 the gold retorted in the barrel of an iold shot gun, being the oldest treat ment of reduction of gold ores extant in the territory. Hundreds of tons of ore, carrying values over S1, 900 to the ton, have been mined from tae prop ierty since it's discovery. Since com ing under it's present management in September, 1904, the mine is said to have paid it's own expenses in addi- tion to providing funds for the pIIr- chase and installation of a new forty
 horsepower boiler in the mill.
 New camp buildings were recently
 erected to accommodate larger force as developmnts on a larger scale than ever are being planned. This will re- quire additional capital and it is for this that block of bonds. limited to S50,00O, has been offered for sale by the company. The principal and in terest of these seven per cent bonds is guaranteed by the Granite Securities company of Los Angeles, the standing of which is certified by Dun and Brad street as shown by, special reports of these concerns.
 The equipment includes ten stamp mill, capable of crushing from twenty to twenty-five tons of oge in twenty four hours. Considerable ore has been treated in the plant with good results since it's installation in the early 90's. . The property is located on the banks of the historic stream, after which the district is named, on the southwest slope of Quartz Mountain at an eleya- tion of 4,500 feet. The mines bear an excellent reputation in the community since their discovery, when the blood thirsty Apaches held sway over the country. The district is noted for it's high grade ores and also for it's ricl placer deposits.
 The management is conservative and all money will be expended with the object of securing the greatest possi- ble results with a minimum of ex- pense. The directors of the company are Lewis Wolfey, ex-governor of Arizona, president and general mana ger; Ed s. Wright, ex-county treas uTer; Ray Hill, M E. Spaulding of this city and R. M Martin and J. K. Hawk, weil-known Los Angeles busi- ness men.
 J. K. Truman, who has been operat- ing the property three years under lease, arranged yesterday for a years further extension. He has a large tonnage of ore ready for treatment in the mill as soon as a water power is installed, which can be milled at a profit Some of the ore is too low grade to mill with wood, the only fuel available, selling at S6 a cord. The camp is reached by wagon road from this city. It is located fourteen miles south of he:e