Mohave County miner and our mineral wealth., 1919-08-09
MINE PROPERTY
 TRANSFERRED IN !
 S450,000 DEAL

One of the biggest mining deals in copper property put over recently in Arizona was consummated last week when the final. papers were signed for the transfer of 32 of the claims belonging to the Consolidated Holding company to the Grand Pacific Syndi- cate for thes um of $45O,OOO.
 These claims, popularly known as the Daggs Group, were located in 1899 by A. J. Daggs and Hugh R. Daggs. They are located adjacent to the Grand Pacific group already owned by the purchasing syndicate, are about one mile from Superior, and near the famous Magma mine.
 The purchasers were represented in the transaction by J. c. Denton, general manager of the Grand Paci- fic Copper company, and the local in terests by Hugh Daggs and P. H, Hayes, president and secretary of the holdings company. The purchasing syndicate is made up of about 40 big New York and Pennsylvania capital ists, headed by c. c. Steinbrenner as president. MT. Steinbrenner is vice president of the Galena Signal Oil company, 30 million dollar company, and the Grand Pacific company is capitalized at $2,O00,0OO.
 F Highly Valuable Property
 Before the purchase was completed the property was inspected by Dr. w. H. Weed the geologist and engineer for the syndicate, and had previously been reported as a highly valuable property by some of the best engi- neers and geologists in the profession.
 The four original claims, which were acquired by the Daggs inter- ests by purchase, were long worked as silver mines, without regard to the copper possibilities. At one time the Monte Carlo and the Touchnot claims were extensively worked for silver, which was hauled to Tempe, the town of Superior not being in existence.
 Surface working have indicated as high as 17 per cent copper, SAP per ton gold, and 33 ounces of silver in the Monte Carlo claim, and some very high percentages in other claims.
 Several times in the past few years the property has been about to be sold, a large number of times to big interests, but various interests con nected with the war prevented the consummation of the deals. A deal was practically completed with t}e Lewisohns interests when the war broke out between this outfit and the other moneyed interests.
 The Calumet and Arizona had an option it was about to take up when the war broke out in Europe. It asked for an extension, according to MT. Daggs' statement, but it was refused. KY Has Tragic History
 The purchasing syndicate is to put in electric equipment throughout, and has already ordered the machinery to install central generating plant to work both the property they al- ready hold and the new purchase. The contract calls for not less than 5000 per month to be expended in development, to begin in not less than 90 days. B
 The property just sold has an inter- esting and, in places, tragic history. Worked in3 part as silver property for years, sold and resold, titles con tested in court, and murders on ac- count of the value of the, claims all enter into it's history.
 On January l, 1908, A. J. Daggs and George Dittmore were ambushed and shot on the Delaware claim. Ev- erything living that left the Daggs camp that morning, including the two men, a horse and two dogs, were kill ed. The murders were convicted and afterward paroled by Governor Hunt.