Bisbee daily review., 1912-02-01
FORMER BONANZA IS
 ID BE REOPEkED BY
 STEVENS AND OTHERS
Prescott People Purchase Old Producer and Will
 Soon Start Work
FOURTEEN CLAIMS
Prescott Journal Miner)


 One of the most important mining deals consummated in this field re gently was that announced yesterday as having been closed during the early part Of the week by H. Wm. Stevens, ". J. Martin and associates in taking over the weal known producer of early days, the Bonanza and Golden Eagle groups of mines, situated in the Harqua Hala mountains, nine miles southeast of SalOme. on the A. & c. railroad
 Fourteen claims have been acquired ten of which are patented. The re- YIving of this famous producer Of early days, recalls it's heavy. produc- tion, when it was under the owner ship of Hubbard & Bowers, both of whom passed away several years ago. During their administration the Bon anza mine alone yielded over s4.000,- 900 within a vertical depth of 2l0 feet from the surface.
 This property is equipped with . 40-stamp mill, new shaft, air com Tressor. hoist and other mechanical facilities, while on the Golden Eagle is 2 hoist, a cable tram from the col lar of the shaft to the Bonanza mill. making in all a desirable mechanical combination for the immediate prose cution of developent and early pro duction. While considerable of the equipment was inG>. lied when the property was producing. additions have been made fin recent times and with the rebuilding and remodeling of the old apparatus the operating facilities are all that could be de- sired from a mNchanical standpoint. Nj essrs. Stevens and Martin are said to have secured this famous grO1p -nder most favorable conditions. and il is reported that quite a few Of the conservative business men Of this city have taken advantage of the op- pcrtunity to become interested with them.
 It has been arranged. therefore. that a new corporation. composed o; local people, will te immediately or has been identified with and inter ested in promotion of several well known properties in the country and has succeeded in bringing in large asS but none Of which bears the promise O becoming such heavy producer as the recently acquitted Bonanza mines.
 Mfr Martin. fam diarly known in ganized to take over the property. AfteTward Mir. Stevens will leave for the eFst to submit the plans formu- lated here to those who will become interested The further opening up producing basis will follow and with and placing of Bonanza on a large the confidence altsady shown by local business men in the proposition and in MessTs. Stevens and Martin. no further comment is necessary than t0 say that both of the above mining men are among the most energetic of operators and have been residents or Prescott for many ysass. Mr. Stevens the mining field as Jack Martin. is considered one of the most re- table and conservative Of mine man agers, and figures prominently in opening and making a success of the Congress, the Crowned Sing, the Little Jessie ant other producers. With Mir Martin in charge of future operations of the Bonanza, while Mir. Stevens and associates are attending 10 the financial part of the business, the new organization has good chance to place the famous property again in the list of large producers. MT. Martin is now at the property, making the final examination. and is accompanied by Prof. J. $. Templin. the well known coast mine engineer, both outlining q plan for the proposed new line of operations.