Arizona republican., 1916-05-28
GAN JUAN MINE
 IN NEW HANDS
Controlling Interest of Gra- ham County Property Held By Phoenix Men Passes to Director of the Miami Copper Company

A transaction of special interest to Phoenix and more especially those in terested in mining was consummated during the week just ending, in which the control of the San Juan mine, To- cated on the Graham county side of the mountains of the Clifton Morenci district, passed from the ownership of local parties to F. w. Estabrook.
 The details of the transaction were not given to the public but it is known that one Of the results will be the i'm mediate development of the claims owned by the company on a large scale. MT. Estabrook is prominent in the copper world. but more particu. larly known to Arizona by reason of the fact that he is a member of the board of directors of the Miami Cop per company. His immediate represen- tative in the transaction was Ethridge | Walker, who ir the capacity of mining engineer has represented him in a number of transactions. Incidentally MT. Walker will De the president in the new organization. the other members of the board rot having been perma- nently selected.
 l The twelve claims of the San Juan | Mining company were originally To- 1 cated by a woman who had come out l from the east and prospected over the | Lone Star mining district. Subse- | quently she was able to interest east ern capital and a development com pany was formed which resulted in a partial development of the claims, the deepest work being prosecuted to 335 | feet with a little over 1900 feet of lat eral work The records show that over $500, 900 worth of ore was shipped | by this company when, due to a dis | agreement between the stockholders and the management of the company and the further fact that copper had dropped, to cents. the company ceased operations. The Arizona stockholders continued to protect the titles by doing the required assessment work and it was from this group that the prop erty was secured last February by Dr R. w. Craig, Gus Hirschfield, T. j.
 Sparks and J. c. Adams. The tram sacticn was promoted by Louis A
 Durham, who incidentally figured prominently IF the sale to the pres ent owning companies of the Inspira-
 tion property near Miami and the Ray Consolidated Copper company at Ray During the short time the above men,
 tioned owners had the property 19 cars
 of ore were shipped to the C. & A
 smelter at Douglas. the returns on tn,
 first niEe cars which is all that hat
 been receivd to date, showed a net av-
 craze vaiue of $143422 car In addi
 ton to the shipments made, a number
 of churn drills have been operated, tn,
 last report of the company showing
 970.G00 tens of ore in place averagin!
 3.67.
 The recent work at the property ha
 been in charge of Sam Fields who fo
 some years operated as superintend ent of the c. ,S A. shaft No. 2 in tn Bisbee- Warren district and later wa
 in charge of the work at Shaft No 3 of the Ray Consolidated at Ray. I
 was after he had been working O.
 the property ninety days that Nil 5 Fields became a shareholder in tn
 company. The future work will b V under the direction of MT. Wake
 who has not made announcement as = who his assistants will be- The rumo
 that the Lewisohns are associated wit " MT Estabrook in this venture has bee denied from Miami with the statemer = added that other of the Miami Coppe
 company principal stockholders tha
 MT. Lewissohn are concernd in tn V EstabroCk purchase.