Weekly journal-miner., 1908-11-04

company has sold no stock, but pro poses dispose of thirty or forty thousand shares of inc 12O,OOO in inc treasury ht $2 per share. This it be licvcs to be bargain. for stock in the old Silver King alone never sold for less than $l0O per share.
 The display in the window includes contour map, two framed pictures of the old Silver King mine and mill. number of piles of ore from the King and adjoining claims, and some wash cd samples of nigh grade silver orc full of wire and native silver, on a box in the rear of the window. There IS also an old iron brake shoe that formerly did service on one of the freight wagons of the early days. II is supposed this brake shoe was made by John A. Marshall, n Phoenix black. smith, or under his directions. in the old days when he was in charge of the blacksmithing shops of the Silver King. The story of the Silver King mine and the rise and fall of the town of Final nearby the site of the King reduction works, is an old and inter. csting one. No effort will be made to repeat it now, but those interested can ask any resident of twenty years ago and it will be told to him.
 The Silver King, or rather the Sin Rival properties are 15h miles north of rice's station on the Phoenix and Eastern railroad, where MT. McCabe has small sampler and where he eventually proposes to build n large reduction plant. One of the units of his big projected enterprise is an aeri. al tramways from the mines to this reduction site and in illustration there. of is the big map that hangs over the ore displays in the window. The tram. way is to be operated by gravity and the map shows nearly all the proper. ties intervening between Prices sta. tion and Silver King, over or near which the tramwsy will pass. the old town of Pinal, the new town of Su. perior, the Cope property with the Sil. yer adjoining the Superior on the north. which properties Mir. McCabc sold for Joe Cope last year for $50. OoO, and other claims sold adjoining them for $jO,0OO. II is birds eve picture of that whole section of the country.
 The deepest workings on the old Silver King mine are lOjO feet and lots of people have an idea that the mine is worked out. Mir McCahc says there is more money in it now than was ever taken from it. only waiting for it's proper development and rccov. cry. When Mir. McCabe secured it he went into the old Aaron Mason shaft and at the 100 foot level driftcd east 65 feet, then made an unraise to con. meet with what is known as the Dr. Jones prospect shaft. securing ventila. tion. In the course of this upraise he followed for 33 feet fine vein with n paystreak two feet wide and nine inches of which carried 1000 ounces of silver ad l2 per cent copper, accord ing to returns from the Sclby smelling NoThN TIT NdH fdHflscO. ms strenk was scanned with wire silver which brought the silver values up io 5000 per ton. He has been occupied with this work and the shipping of the ore since last May. demonstrating that the Silver King not only has been but still is n mine from the grassroots down. The rest of the nine inches carries l3 per cent copper and from 37j to j6j ounces in silver
 The old dumps of the Silver King are also rich with vast quantity of ore discarded in the early days because it was of a refractory nature, the sil yer and copper being so mixed it could not be worked by the mill. The only reason for closing down the mine, he says, was because the copper and sil yer could not be handled together and the wagon haul to Casa Grande and 1 railroad haul to shelter were forbid ding. He recently made shipment of ore from these dumps to Fl asc that returned 6h per cent copper and 3G5 ounces in silver. There are .sev eral old and deep shafts on the prop erty and he believes the same kind O, ore can he developed in almost unlim | ited auantities in all of them