Show 0 t SONORA BONANZA MAY BE PURCHASED I Guggenheims Make Offer Ofer for Property in Old Mexico exico M AUTHORITY GIVEN TO SELL C on Oil Oi the tIme Ground Told fold 1 lo to 4 Iulio nc Hot t Terms Tennis lo Possible With Ih BUCl Senator Charles Smith o of Hubbel p Mich president of or the Sonora Sonola Donna Bonan I za sit z Mining company of Mexico has re received re- re a 0 telegram from rom General Generl Manager Man Mon ager ger Baker laler stating that tho the helms have haye made an offer for th the property and asking that lint a n representative representative represent represent- alve be sent from the copper COPIer country where when the time control lies Hes to confer on L the subject says a 0 dispatch from Iou loughton h ton As the meeting at which an aim an answer aner er should b be given was to have hav been I hell belt in Benson Ariz J Friday It J was hardly possible at the time time the tho telegram telegram tele tele- gram grain was received for Cor one omme ole to reach there then In time and as no one could c rc Icele proper Instructions fron fron the principal Interests in such a short time and ind ant reach there on Oil the time appointed da day no e will wil go o. o President Smith has wired Mr Barker Baler to use his own judgment In negotiating with the Guggenheims doing the best he lie can canor canor for or the tho stockholders stockholders' Interests Atm Mr Barker Darker is of or stand stand- 11 a man maim high log Ing ng and well equipped with wih the Ive tive t o capacity to handle the matter Ho Hovas Hl was vas superintendent of motive power for or the time Greene Consolidated until li he resign resigned cd that position to take the management management man man- of oC the Sonora Bonanza which I Iwas I was vas originally organized by executives executive ot th the office of or the Greene Consolidated He lie will wi be remembered itt Ih n the copper country countr of or Michigan ashe as a I I h ho he was urns there for several months In I charge barge of of the dismantling of th the Ar Ar- adlan cadian at the tho a large part of the tin I nery front from that property was wa to the Ceiro dc IC le Pasco mine In I South America Property li Well I Equipped Th The Tho Sonora Bonanza mine lies Ics el h- h ter teen eon n miles mies from Imuris the lie nearest railroad l station in iii the state of oC Sonora SOlom Mexico It I has hns a capitalization of 1 I.- OMOO shares of or which shares hares are arc outstanding and amid 2 shares hares are arc In the treasury No troas- troas ury ry shares have been offered for sale salt for or about a year Those which have Leen icon sold have hae gone to the public publia at prices rices varying from flom 25 21 cents cent cents to 1 The he property properly Is well veil equipped for or work and nd Is Js receiving good development dc with lh ith satisfactory results The Time telegram from General Macager Manag- Manag er r Baker Daker to President Smith states that lint lat the Guggenheim engineers were wore it at t that time examining the thc property I oIl OHIO io COPPERS COPPER'S SURPRISES SURPlUSES las ibis Another in iii II I ed 1 Gold From Frol Control Control- Cutting an an Immense ore oze hod body at the time surface necessitating the removal of over ver forty feet of Its Is Plop proposed cd shaft shan i Is s not cot the only surprise encountered last ast week h by the Ohio Copper corn corn- pany any When settlement was made mode fo for forthe the he last car of concentrates shipped from rom tho the company's mill mi It t was wn found Cound from the control aS assays R thai that the he lot carried In gold old a aa as a against the usual run of 75 cents to 10 iO SO cents per pel ton toil Time The he copper contents con- con tents emits of or the consignment on ran h a little lite oyer oyet 24 per por cent while the time lot con con- COI- COI al also o a little silver slyer While the market marlet value of oC the lot wa was not given gl the he assays would indicate that It was wm worth somewhere between 70 and 80 SO a ton Somo Some Idea of tho the value of the he Ohio product can be he gui gained from the he statement of oC Manager el Weir that lint luring the present year Ca there ha has haf novel been heen Shipped lot of either a concentrates con cun- 0 or slimes shines that did not show Better helcl than I 16 6 per cent cent copper white while he time average has hus been between 22 and amid 23 per cent while occasional ship ship- of 26 and 27 7 per cent material have been sent to the smelter As a matter mater of fact the new triple triple- compartment shaft shaf will wil have o ha to be beUk bennik Uk possibly fiver ier cr feet In iii the tho oIt ol orn when it I I is Iii expected 11 It I will wil willbe he left lef mi In IR its s dip ilip 11 to one side GIn Grading ln has progressing for two weeks and Manager Thomas Weir Vei who was at atlie atthe atthe the lie property Frida Friday stated that ground had Just just been boon brol broken en and that the collar colar and first set of or timbers would probably be bc rend ready to go so In iii h by Monday Two compartments of ot this his shaft will ihl wi be he feet In Iii the clear while the time third or 01 pump Jump and antI manway oman man a way compartment wilt will wi be feet eeL |