Bisbee daily review., 1916-12-03
bISbEE MINING READSPRONOTE
 JEROME DEAL
Officials of Calumet & Arizo- ma Credited With Organiz- ing Gadsden Copper Com pany With Big Plans.

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 News contains the following:
 Captain John C. Greenway, gener- al manager of the Calumet & Arizona company and recognized as one of the leading mining men of the United States, is the head of the Gadsden Copper Company, a new corpora | tion which has taken over and will develop the Monster, Larremore and Howe groups. and perhaps the News property as well.
 Associated with Captain Greenway are Ira C. Joralemon, chief geologist of the C. & A, and practically every one else below tine general manager who is at all prominent in that organ ization.
 Whether the Calumet X Arizona company is behind the Gadsen Cop per or Captain Greenway and his lieutenants have merely started out to develop a mine on their own ac- count is not known. It is generally believed, however, that if anything worth while is developed al the War ren-Jerome it will thereafter be listed as one of the c. 6 A. properties.
 Captain Hoatson, of Calumet. Mich igan, vice-president of the c. X A., was in Jerome last spring and became highly enthusiastic over the Verde district, particularly after he had been shown through the United Verde EX- tension workings. It is generally re- garded as not at all improbable that he encouraged Captain Greenway, MT. Joralemon and the other c. & A. of- ficials to acquire control of something in this district, and he may be a heavy stockholders in the Gadsen Copper.
 Just a little over a month ago Cap tain Greenway and most of his assist ants were in Jerome. It was announc- ed at that time that they were here to look over the A. X A. for the Good rich-Lockhart syndicate. While here, however, they closed deal with Joe Larson and Charles Sutter for the Monster, Howe and Larremore. Lar son and Sutter owned the Monster and held the News, Larremore and Howe under option.
 Generally speaking, these groups lie between the United Verde Exten- sion on the north and the Green Monster on the south, with the Verde Combination on the west. On the east are the Haskell ranch and Monster Extension.
 Included in the present holdings of the Warren-Jerome are the Mon ster, Howe and Larremore properties, totaling nineteen claims. There are seven claims in the News mining com pany group, which may have already been added to the Gadsen Copper.
 ''The Larremore probably has the best showing at the present time; some ore being exposed there. It is probable that the first development work of the Gadsen Copper company will be undertaken on the Larremore
 For several weeks the Gadsen Cop
  doing assessment work on the Mon ster claims and attending to other preliminary preparations. Mir. Joral emon. with J. K. Hooper and D. M. Putt. arrived in Jerome Wednesday night and have spent most of their time since on the property. They are to be joined tonight by Captain Greenway and several other princi- pals of the new company.
 "No stock in the Gadsen Copper company is to be offered to the pub lie. all having been absorbed by the organizers.
 The entrance of the C. X A. people into the Verde district is important in great many ways. In the first place it means the development of some Of the most promising ground in the district on a big scale and in a scientific manner. If all goes well it means an early addition to the dis trict's list of producers and dividend payers. If Captain Greenway and his associates develop something big they will have no trouble in raising the money to build shelter The psy- chological effect upon the investing public, which already has it's eyes centered on Jerome. is certain to be great"