Bisbee daily review., 1909-02-06
Mining SnGIterS and Stock Quotations
BOU # DISTRICT
 MAKES BIG SHOWING
Indications Are That All De- veIopment Work Will Pro-
 Ceed Without a Hitch.

ROUSE. Ariz. Feb. Waffle it may be said that the Bouse district has the best surface showing of any min ing district in the country. although there has not been much development work done yet. everything bids fair now that the development work will proceed without hitch. The Clara Consolidated. twenty miles north of Bouse. is proceeding with their deyel- opment work as fas; as possible and are developing some very rich ore bodies. But the newest developmcut company is called the Arizona-Bcuse Copper company. which has just been recently organized. This company win take over the Little Butte mine and seven other claims. The com- paEy was organized by J. F. Meyers and Geo. Bishop of Los Angeles. These men bought the Little Butte milic 8 couple Of weeks ago and uaid for teslt psCperty and tho additional seven claims S45.00e. The new com pany is organized was S2,0o0, ,00G cari. tllizotiDn or 20U0.eo0 shares with par rai1a of one dollar each. The stock was put on the market at ten cents per share and as an indication Of the confidence that Bouse people have in the prCDerts it can he stated that within three hours after a telegram Nas received by J. C. Denton, geaerai manager. over To.e0G shares of the stccs were subscribed fer in BoHse. ;;;-2. .'''o Of these slares being taken by Inc miners working in the nine.
 The iIulo Butte is ia the csnter ot 8. veyy richly mineraIized zone auG the oulCroBrins Of the ore hody shows on tLe surface. Tine shaft ilas onls been sunk 20 feet but there has been no waste taken from the mine The shaft follows the ore all the -way Gown and practically every bit of the work has been in solid ore. Al ;ae bottom Of the fifty-foot shaft drifts are now being run in each di r5ctiol. A force or men are now a' wCrW sinking the shaft as well ls running the drifts. On last Saturday a rich body cf ore was struck in the hottCm Cf the sLaft
 lt Is reported that nearly the whole amount of treasury stock of this com rany has been subscribed for and ti.as the entire proceeds will be put into development work. IT this is the case the Little Butte will be fully deyei- CpCd. which will prove to the world the richness Of the district The Iis- ile Butte t0S shipped several carloads of ore and the smeltCr returns have shown $i0 per ton gold and i5 Co IS per cent copper. TlC gold has paid for thc work hauling. freight and smelter charges leaving the COP per costs nothing
 tnas. COwles. wEo owns a gTouF of valuable claims consisting of eIe,,- en- and known as the Geysor claims has just received word from easter1 IarLies that ids offer which he made @ short time ago had been accepted and that they would be in Bouse II, 8 short time to take tic property. The purchase price has not been made known. These claims are reported very good. although but little work has been done. On the surface they run very rich in iron. assays showing ever seventy per cent iron, and they gre very valuable to furnish flux for the smelters. In addition to the iron they carry from four to six dollars in gold. These claims are called the iron claims because of the large dikei Ci iron found on tEem.