Bisbee daily review., 1915-07-18
OATMAN TAXES THINGS
 EASY AS MONEY GROWS
tContinued from Pago D

tOonJinued rom Page D vested by the miners of the Ton ! Reed-Gold Road District
 Three months ago the United West ern Mines company offered 100 .OOt treasury shares at twenty-five cent per share. This, the companv's ini
 tial offering, was oversubscribed with
 in six weeks. and almost in its entire
 ty by people of the Tom Reed-Golt
 Road District About the same time the lvanhoe Consolidated Mines com
 pany offered 100000 treasury shares
 at fifteen cents per share. with simi
 Tar satisfactory results. A little later the Black Range Mining company dis posed of $1O,0OO worth of it's stock locally. The sum total of these sales is $75,O00 In addition. there are oth CT companies whose stock met with a generous sale in this vicinity and elsewhere
 Brisk Demand For Stock.
 Eli Hilty one of the locators of the well known Tom Reed mine. has per sonally and through agents disposed of a large block of the treasury shares of the Oatman Mining and Milling Co. The local demand for this stock was and is brisk S. M. Warmbath. secre. tary-treasurer of the Big Jim Gold Mining company, has placed an initial offering of it's shares at ten cents per share. The stock is in steady demand and is listed on the Los Angeles Ex- change where it is selling at from l2 l-2 to 13 l4 cents per share. Big Jim stock is meeting with ready sale in this and other sections of Ari- zona. stephen E. Barron. managing director of the Gold Clin Exploration company, is meeting with success in the sale of its shares here and in the East.
 Colonel ! P. Hansen of Pasadena. owner of one of the largest blocks of Tom Reed stock is heavily interested in Che Pittsburg Mining and Milling company as are likewise number of people who bought Tom Reed shares upon his recommendation. The stock Of the Pittsbufg is closely held. as. likewise, is that of the orion Mining and Milling company m which Los Angeles syndicate is the dominant fac tor Money from Kingman and other portions of Arizona is being Hberally invested in the shares of the Carter Gold Mining company los Angeles capital is responding generously to the development needs of the Boundary Cone Gold Mines company From the same sources the Mazona Mining com pany is obtaining financial strength. The control of the Telluride Mining. Milling and Development company was purchased recently by George Long James McIver and other holders of United Eastern shares.
 Economy is Watchword.
 The men who are in charge of min ing operations in this district are economists in the strictest apphca- ton of the term Every dollar ex. pended brings its full return in work and efficiency. Overhead charges are cut Co the minimum consistent with safe and sane mining operations. High salaries and expensive suites of offices have no place in the work being done here. Put the money into the devel- opment of the property, not into the Pockets of more or less ornamental is the order of the day. This order is being obeyed to the letter. The favored relative" and the rel mittance man are unknown here; forI this is a camp of workers.
 The effect of this strict economy and of useless timber is ev-. anywhere apparent It is evidenced by the efficient and conomic plants of machinery installed; by the class of miners on the job; by the amount of development work being accom-. plished by the monthly output of. Sl65.OO0 worth of gold bullion: by theI increasing number of mining realty transfers; by the number of buudingsI under construction; by the increase| in population. In no other way, how. ever is it So completely demonstrated as by the confidence displayed by the people of this district in the mines of this district-a confidence which has| the backing of their dollars to SO Iib-' ara1 a dopraa