Bisbee daily review., 1909-06-12
EASTERN CAPITAL
 Is SECURED
King Solomon Mining Con-
 pany Financed For More Development
BOARD OF DIRECTORS
 TO DISCUSS NEW PLANS

Leonard Loehr. manager of the King Solomon Mining company. re- turned to this city yesterday morn ing from New York. where he has been for the past three months inter- esting eastern capital in the mine. and in which mission he was eminent ly successful. Notwithstanding the fact that since the depression the east has been slow in making mining investments, Mr. Loehr ultimately succeeded in his mission and express ed himself as we'll satisfied. and only regretting that the conditions. which are now frightened. necessitated so long stay in New York on his part. He comes to Bisbee at this time to attend meeting of the board of oi- rectors of the company to decide on future development plans.
 Yesterday Mir Loehr expressed himseh as entirely satisfied with the financial condition of the company. which Is in good shape, and all Is ready to proceed with development work with more activity. F. l.. Wood man, president of the company. and Superintendent Loehr will go to Syl- yanite on Monday to outline the flu. ture development plans, and an addi. 1 tional force of miners will be put to work at once and rush the develop ment of the property
 It will be remembered that the King Solomon company was orgar. | ized by Bisbeeites. prominent among whom are P. J. Woodman. NJ. J. Gun ningham. W. R. Kelly, Jack McGresor John F Sinclair and Leonard Loehr They secured their property last October. and since that time develop ment work has gone on steadily and without cessation until there is tun nel in 2S0 feet and two cross cuts from it \ In this development the main vein has not been cut, but the work ings have cut a number of small veins. carrying good values anc showing free gold.
 The King Solomon mine is situa ted at Sylvanite, and is probably the | most centrally located of any of the | SylYanite properties It is bounded on the north by the Broken Jug, or the northwest by the Gold Eagle ans on the south by the Gold Hill. all O
 whicn companies are active. Tn, shaft of the Gold Eagle, which com pany recently made shipments. is bu eighty feet from the King Solonoi
 mine line.
 Sylvanite is reported as showing
 renewed activity within the past tw'
 or three months, especially amona
 those who came from Colorado an: the Cripple Creek district. attracted
 by the report of the strike. Colorad
 mining men generally are enthusiast
 over the ore at Sylvanite and pal;
 little heed to the disputes of the as
 savers and geologist as to now thu
 ore should be characterized. The!
 say they do not care whether it b'
 called sylvanite or bismuth so loni
 as the ore values are there.
 To those who are familiar wit
 Ariozna, Nevada and California con
 ditions, Sylvanite has always been
 puzzle and one which few could solve
 for conditions vary completely iron
 what they have been accustomed L and expect. It is the Cripple Cree
 miners who appreciate and pronounc conditions and are almost identica with what they are used to.
 MT. Loehr is a mining man of broa
 eperience in the Cripple Greek dis
 trict, which makes him enthusiasti over Sylvanite.