Weekly journal-miner., 1909-05-12
ANOTHER BIG DEAL ON
 IN MINING CIRCLES
The Phoenix Gazette.

The InoehlN OaIeIJe.
 Options upon the Saddle Mountain,
 Lsndon-Arizona, London Range and Ball Copper company properties, at
 Christmas, have been secured by Ed
 ward B. Kurtz on behalf of the Amer jean Finance and Securities company, of which he is president, and if the report of experts who are now making an examination is favorable, all will be purchased and consolidated under one management.
 The four groups concerned in the deal are situated right at Christmas and comprise 5000 acres of land.
 This is one of the biggest moves in the Arizona mining field made since MT. Kurtz's concern organized the De- velopment Company of American to take over the mines at Tombstone, Sil- yer Bell, Poland and Congress.
 MT. Kurtz arrived here a week ago from New York. He was met by his brother, C. L. Kurtz of Columbus, O., who has charge of the mines at Guam aiuatO, Mexico, which the American Finance and Securities company owns. With Charles r. Finney and E. w. Brooks of the London-Arizona compa- ny, Lewis S. Noble and A. H. Jones of Denver, they went to Winkelman and Christman and spent several days in looking over the four groups which they hope to consolidate. MT. Noble is the chief engineer of the American company and Mir. Jones is his assist ant.
 The Kurtz brothers leftt heir engin- eers on the ground with MT. Brooks and Mir. Kinney and returned to Phoe- nix. Tonight they will go to Silver Bell to look over the Fl Tiro proper ties, which is one of their company's holdings.
 ''I never saw a district where the surface indications were better than they are about Christmas" said Ed ward B. Kurtz today. "The four groups upon which we have secured op- tions all look good to me, but am not a mining man and of course can't say what we will do about the consolida- ton we have planned until we have the report of our experts. They will be busy sampling for fully a week. If the properties are as good as we think they are, the deal is certain to be made and as soon as the P. & E. ran road is completed, we will erect a l ,0O0-ton smelter. In the meantime we will do development work. Little de- velopment has been done upon any of the groups except the Saddle Noun tain"
 MT. Kurtz asked closely regarding the apparent plans of the railroad com pany for the completion of the P. & E. He stated he had heard indirectly but upon good authority that the work would be commenced right away.
 "Do you contemplate putting your smelter on the site selected by the Arizona eompany?" he was asked.
 "We have made no plans regarding he site. It must be close to the rail road and convenient to all the groups. There are several good sites in the vi ,inity"
 Throughout the interview, MT. Kurtz 1 spoke confidently of the ultimate sue cess of his plans for consolidation. He seemed to regard the experts exam nation more as a mere matter of form han anything else.
 The American Finance and Develop | nent company was organized about | tight years ago. Its first work was to ] organize the Development Company of America to take over the Tombstone, Silver Bell, Poland and Congress groups. Later the Kurtz brothers and | their associates financed the Tomb tone Consolidated Copper company md the Imperial Copper company, which operate the mine at Tombstone | md Silver Bell. Going down into Mexico they financed the Guanajata Mines company. one of the biggest cop ger mines in the southern republic. In he course of their operations they lave acquired the Fl Tiro group, ad. oining the Imperial property, which 5 one of the most promising copper prospects in Arizona.
 "The development of the Kelvin md Winkelman districts means a great leal to Phoenix" remarked MT. Kurtz. This city is sure to be a great min ng center, for there are scores of rich hines tributary to this city. The IoOner it awakes to the possibilities he sooner those mines will be devel-