Weekly journal-miner., 1909-11-03
IMPORTANT DEAL COM
 PLETED FOR PR
(FrOm ThurSdaV

Following the examinati
 week of the Saddle Mountai
 and the London Arizona gIc
 gotiations were concluded in
 yesterday by which the Gila
 Copper company merges an9
 possession of the above proper;i
 for which the Development C.
 of America is the holding co
 The above properties are Iorc Gila county and attending the
 fer of the two groups the sale nificant in mining transactio this territory as the heavies
 most important ever to be co
 mated.
 ; A vast domain of mineral
 is attached to the sale and the of the possibilities in mineral sources are gigantic. The past r' hence of the London Arizona pc ties gives this transaction a note thy interest. Many engineers o' highest standard in eapability D visited that property and the uni sal report was that the ground 3 attractive in copper and its possi ties were of such an extensive ch -- acter that it was of incalcul" 'a resources.
 Linked to the Saddle Mountain . terests, a desirable combination in gold, silver and copper are creat d, all of which form one of the widest and most magnificent mineral domains in the west.
 Through the closing of this deal the purpose of the Gila company is to begin operations at once. W. J. Martin of Prescott, formerly the su- perintendent of the Poland company, will have the general management of the Saddle Mountain mines, while with the London Arizona operations, c. E. Fnney will direct the work, :, assisted by E. W. Brooks, the well known mining engineer.
 Railroad communication to the Sad dle Mountain properties will be es- tablished in the next sixty days, when shipments of ore will follow to the Sasco smelters at Imperial. Work will be resumed also on the London Arizona group and the entire combi- nation placed in an avenue of active operation.
 The Gila people are located in the same zone as the famous Ray Consoli- dated, which in itself is an index of the prominence of the mineral rat ing and the splendid possibilities of that particular field. At the Ray one of the largest smelters in the terri tory is nearing completion, having a daily capacity for treating 5000 tons of the product.
 The consolidation of the two above named groups and the final closing of the sale, is due to the personal repre- sentations of MT. Murphy and his authority in mining operations. He has long been conversant with the possibilities of the field and in cry stalizing his knowledge in the man. ner above noted, his interests ac- quire one of the most magnificent mineral subdivisions of the southwest and so recognized in mining annals of the country.
 Those participating in the final closing of the deal yesterday in this city were the following gentlemen identified with the project: F. NJ. Murphy, president of the Develop ment Company of America; V. L.. Mason, vice president; O. Longacre, Jr., consulting engineer; W. F. Staun- ton, of Tombstone, and Engineer Goodloe, all of the Development Com pany of America; W. G. Bushnell of the Saddle Mountain mines; T. J. Norton of the Santa Fe, the solicitor of that railroad; c. E. Finney, gem eral manager of the London Arizona; E. w. Brooks, mining engineer of the same company. B. Goodwin, also a member of the party, was selected as the auditor of the Gila Sulphide Cop per company at the termination of the negotiations.
 VETERAN GENERAL PRE-