Bisbee daily review., 1917-01-28

the same date. and also the Silver Bear group, which gave great promise at surface which has not been so far realized in depth.
 More Claims Sought
 "The Gardner group was bought with some misgiving in 1890 or 1891 as the extension of the ore in depth so far south was considered very doubtful The most apparent acquisi- ton was in 1892 In 1888, when the Queen was heavily in debt. the Hol- brook and Cave claims. owned by Mr. Goddard of New York. and which had been partially explored. were offered for sale; were bought by MT. James and Mir. Dodge and organized as the HolbrOOk and Cave Co. These claims were actively developed and became notable producers. The mining was done by the Holbrook and Cave com pany, but the Queen contracted 10 do the hoisting and smelting of the ore. The ore mixtures were desirable. and the arrangement was advantageous to both parties Subsequently the HOi- brook and Cave company bought the Neptune cOmpany's property at sher- iff's sale. as already narrated. and op- ened it up. so as Co reveal large re- serves. But it was felt by AIr James and AIr. Dodge that their individual ownership of these properties. while they were directors in the Queen com pany. might expose them to criticism. or lead to complications. so these two groups on which the Queen has con- tinUed in great measure to subsist ever since. were offered to the Queen for S600.000 in stock. raising the capi- tai of the Consolidated company to S2.- 00o.000. Even at that figure some Of the Queen stockholders demurred to the purchase.
 The Lowell Group
 "There were other purchases made from time to time, including the Coss- well and most or the claims covering the Sacramento mountain, which I cannot but believe will some day be source Of couceruatu. ore. The on iy large addition or recent years had been the Lowell group lyin- nearly a mile south of the original Copper Queen outcrop. and whose ores lie al over one thousand feet below the sur face. The widest enthusiast ol the rfGan T.,-s did ,,,+ r,.....- -r,-s ., .-, oi partially oxidized ore bodies would ! be traced for that distance and to that depth. Yet today. as we an know. | some have faith enough to believe and | risk their mohey on their convictions. ! that these ore bodies extend for at l le1st another mile and must bc sought ! for at over haIi mile in depth This | enthusiasm, based on recent results. 1 We must admit. must bc credited 70 | our neis shhors rather than to ourselves
 The story of the Irish Mag and its | eccentric owner Daly, is a romance | Of many chapters. That it should have | ended in tha possession of the claims | by men from tho Lakes and Pittsburg | who have entered the camp and eN- | plored its recesses with such visor | and courage, is a happy termination of | a history with a gloomy besiunine.
 Copper Drops
 "rut Co return to thc story of tho old min" When thc QI,eu was op- | cucd iu 1880 copper had jumped from | twelve cents to twenty cents It fell /, in 1881 Co eighteen cents and cuntiu- ucd falling tll. when tbe consolidation Was cGcctcd it stood 7t thirteen cents Unfortunately. it did not stop there but reached in 1>S6 the low level of ! ten cents for lake and a trife under eight cents for bar copper of ninety ! six per cent There was therefore but little profit In production oi about 800 000 a month. which was an the
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