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THE BISBEE DAILY REVIEW. BISBEE, ARIZONA, FRIDAY MORNING. SEPTEMBER 0,
'. 1904. PAGE THREE
Probable 13 Cent Copper
Will Be An Early
WALKER'S WEEKLY LETTER IN BOSTON COMMERCIAL PREDICTS
THIS FIGURE SOON, AND CONTINUED ADVANCE TO 14 OR 15
CENTS ADVANCE MOVEMENT OF COPPER STOCKS BOOM GET
TING IN EVIDENCE MARKET STRONG AND CONFIDENT.
OUTLOOK VERY ENCOURAGING IN ALL WAYS
Boston, Sept. S. In his weekly cop
per letter in the Commercial, .George
L. WV.ker rays:
The ropper market is holding sieaJ
lly, anil a slightly increased disposi
tion is ''eiug shown on the part of
consumers 10 buy for advance deliver
ics. Lake is 12 3-4 cents, with most
producers asking 12.80 cents. Electro
lytic Is 12 o-S cents -bid- There is a
steaJny growing demand for casting
copper. The export movement con
tinues very heavy. Exports du.lng
the month of August aggregated 2-1,-431
long tons, exceeding all previous
records excepting that made last Jan
uary. The exports of the c:sht
months are loi,C34 tons, being 17.
S99 tens greater than the total ship
ments of 1903. Despite the enormous
export movement in August, the "vis
ible supply of copper in Europe and
afloat thereto" lncreaso.l during the
month only 54S tons. This proies
that there Is no sign of any let-up in
the growing foreign consumptive de
mand. In domestic trade circles it is said
that there "are noticeable indications "f
improvement. Feeling is decidedly
hopeful, and the prospect is that 13
cent copper Is near at hand.
From the high prices reached early
this week, the coppers sold off slight
ly, there being three days of sagging
quotations. On the decline the trad
ing element complained at the scant
volume of selling. At all times there
were good buying orders just below
the market, and apparently the de
mand was not nearly supplied. Evi
dently this is to continue a market of
special stocks for some time to come.
One siock after another is being
picked out and given a boost, and
then oiher stocks start up in sympa
thy. As yet there has been no big
active buying of everything in sight,
such as usually marks the top cf a
For some time past I have been call
ing attention to the fact that there
were almost no copper stocks for sale,
C, & A. Hits it Rich
at 1200 Foot Level
and predicting that as soon as the
buying orders began to accumulate
there would be some sensational ad
vances. What I meant will now be
fully understood by those who have
watched the market. A comparison
w.ll illustrate: St. Paul was the lead
er cf the New York market last Sat
urday, advancing 1 7-8 points on trans
actions in about 3S.000 shares. The
same day Osceola rose 4 2 points in
the Boston market on transactions in
less than one thousand shares. Oth
er advance of a similar character
may be "xpected.
The movement that has so far devel
oped can hardly be considered even
the beginning cf the great copper
share boom that is coming. It is
simply the recoery that was bound
to come naturally when falsehood and
misrepresentations had exhausted
their influence. The investing pub
lic of Xew England, Xew York and
Lake Super.or has begun buying
copper stocks simply because it has at
last found out that there was no ba
sis fo' the claims that enormous
stocks of copper were being stored
in an effort tc maintain prices: that
an S-coat or a 10-cent copper market
might result from the forced sale of
this surplus, aided by Amalgamated
manipulation; that aluminum was
likely to become a formidable competi
tor of copper in the metal market, or
fo.- other pernicious innuendoes along
the same line.
The real boom in copper stocks will
come when the productive capacity of
the world's mines has been so exceed
ed by the consumptive demand that
the mftal again advances to 14 or 13
cents per pound. That event may
act take place for a year or more;
but there is the very best of reason
for the belief that copper musf. sell
considerably higher In the not distant
futute. The advance in prices will
find the copper producing companies
already prosperous, and it will double
their earnings ana dividends.
eighty stamps, one Wilfley table, 12
Fruo vanners, 12 new standard con
centrating tables, and oas Overstrom.
This mill uses up 300 tons of ore per,
day, the number of tons varying ac-i
co. ding to the character of the ore. i
The cyanide plant is complete in it-
1 self. After coming from the cyanide J
LARGE BODY OF SULPHIDE ORE plant the amount of gold found in
BROUGHT IN YESTERDAY. the tailings and the sand, after the
cyaniding, amounts to less than $1
Runs High in Percentage Strike Puts per ton. Water is obtained from aj
Final Quietus to Any Opinion About pumping station at springs in Date
Camp Not Being Able to Sustain Creek, eight miles away, and the pipe
Depth. Mine is 4 inch and 8 inch pipe. The
company also owns the railroad and
Report was made yesterday that rolling stock running to Congress
the C. &. A. had struck ore on Its 1200 Junction. It may be stated that
foot level, the deepest working in the the Consolidated Mines company, op
mine. ' erating the Congress mines, Ltd., and
The body got is pt large size, and the Poland Mine company are under
assures a great producing area on the. the control of the Development corn
deep level. It is sulphide ore, and pany of Arizona, with offices in the
runs well in percentage. ; Hanover Bank building, New York
The strike brings absolute confirm- City.
atioa of the belief of these who have o
contended that Bisbee ores go down THE REVIEW THREE
and adds much strength to the field. '-....,, c ..
Beside the immediate value of the ) M0NTHS FOR 51
strike, it encourages all. who are work-, The mlMczH campaign of 1904 will
ing for depth. In this connection " ,
there is a reminder that only a few be one of the most memorable and
years ago the deep-st working in the hardest fought battles in the arena of
camp was but a couple of hundred politics within the history of the Amer
feet, and most everybody declared that Ican natlon. u is not so much a cam
much greater depth would see the fin- ,i, -non.
ish of the ore deposits being worked. PaiSn f Republicans against Demo
Now there are two great mines in the crats, or Democracy versus Republi
can with splendid ore bodies at the ( canism. It is a protest of the people
1200-foot level, and undoubtedly some ' ot fhe Unlte(1 states against ROOSE-
mulu v.v"iio m "- -u" w i-" iiv. . , -,.- ,,. Tt.tiy, ,, fj.n rtrttrma fpntlirrc
1I 1 .1 .... ....wnn.M !1m,a
wuicn me name sug&eaus. vuuua
in the carrying around of the "Big
Claimed That Congress Has Taken Stick-' like a policeman, among na-
Lead over Commonwealth i tions, odious In the extravagance of
at Pearee. tije party whose powers he has
.. t, . tt , .. . .i, ' usurped, odious in his assumption of
The Prescott Herald says that the . ..' . . . .. , t.
Congress gold mines may notr Lf . e rignts oi the people, ouious m ms
classed as the most Important a-4 1 party's care for the rich few, through
valuable of Ar.zona's gold properties, i high tariff, and the burdening of the
For a time the Congress Civile 1 he'lEiSnj- poorer citizens, contributing to
honors with the Commonwealth at,. corfej.s of manufacturcrs who si
Pearee, in Cochise county, but since I .
the caving In of the shaft in that ; American miue guuu!, iur uu .
mine work has been almost entirely i price in Europe, freight added, thau
suspended, so far as the milling of its I our people are compelled to pay for
the same articles here.
the national election will bo known,
so that for three months almost, sub
seiibers will have a Hvo daily in the!r
hands, and be, fully posted upon the
affairs of the world. Send P. O. or
der, Express order, or draft, address
ed to the Bisbee Daily Review, Bisbee,
Arizona, and the paper will be mailed
to you for one ONE DOLLAR from
date of remittance until November 15,
190 i. Remittances of currency will be
at the risk of the sender. Send a
copy to your friends. Take it your
self. Don't be borrowing your neigh
bor's paper. He may smile pleasantly
as he loans It to you, but he'll become
tired of borrowing. You will read a
hot daily campaign paper, chock full
of news at a cost of but little over a
cent a day. Subscribe now.
You'll hear from it, ir you pot a
classified "ad" In the Iloview.
Fresh New York oyesters always on
hand at the English Kitchen. Serv
ed day and night.
State of Ohio, City of Toledo, )
Frank J. Cheney makes oath that ho
is senior partner of the firm of F. J.
Cheney & Co., doing business in tho
City of Toledo, County and State afore
said, and that said firm will pay the
sum of ONE HUNDRED DOLLARS
for each and every case of Catarrh
that cannot be cured by tho use of
Hall's Catarrh Cure.
FRANK J. CHENEY.
Sworn to before mo and subscribed
in my presence this Cth day cf Decem
ber, A. D. 1SSC
(Seal.) A. "VV. GLEASON,
Hall's Catarrh Cure is taken in
ternally, and acts directly on the blood
and mucous surfaces of the systom.
Send for testimonials free.
F. J. CHENEY & CO.,
Sold by all Druggists, 75c.
Take Hall's Family Pills for
The big fans keep going while you
are eating, at the English
ifttrc.Qft ft ftflflCi iiiirirCrirtrirtr
(a liil'IM m,a (
C. M. HENKEL
GEO. SLOQKETT CO
SEIC0N CEE BLK.
We are pioneer dealers In unlisted
securities in Michigan and our facili
ties for handling unlisted stocks are
dnsurpassed. Send to us for what
you want. If you wish to sell quote
lowest net price to us.
: K.yimf ii-tyv
Bisbee Plumbing and
-Sheet Metal Works-
.. . r. . r.V. KKKKKK KK. KKKKKKKKKHKKK
I FRANK J. GRAF,?
i HEADQUARTERS FOR "BONANZA CIRCLE" STOCK
Hourly quotations from the copper country.
v BUY AND SELL STRICTLY ON COMMISSION
II Calumet and Pittsburg and Lake Superior and Pittsburg were
ll the principal stocks that we dealt with today. These two stocks
H are taking a steady advance which will very likely be permanent.
H if you are holding back with tho expectation cf buying those two
2 stocks, moro especially Calumet & Pittsburg, at a lower price, I am
. afraid that you may bo disappointed. Junction has lest its inter- .
est for the present, with many sellers and no takers. There wero J
many profit takers In the last flurry in this stock. P. & D. is still X
" asleep. j
C. & A $95 00197 00
X Calumet & Pittsburg 31 O0P31 50
Li. S. & P. 20 00 28 00
K Pittsburg Sc Dulutb. ... 33 75) 34 50 L
; Junction 24 001 27 00
X Old Dominion 15 50 1C 00 '
X Greene Consolidated 14 50 15 00
Have them looked after by a re
liable eye specialist. DR. L. M.
SWIKERATH of Phoenix will remain
at the Copper Queen hotel until T:ie5
day evening, Sept. 13th. Don't fail
to see him while he 's hsre. Prfes
for glasses reasonable. Call any timi
during tho day or evsni i.t. Consul
tation and examination iro?.
in all of its branches
Bath Tubs, Water Tanks, Air
Pipe, Cold Air Safety Flues
Phone 1373 Rings
Will buy the
w cSB? c5 fa
A POSITIVE CURE
Tor Inflammation orCatairfco
th lllft'lde-and Oioeased HIZ
ueja HO CUBE MO PAT. Cp-3.
qtactlr and permanently tin
woret cases ot Gonorraoes
And Gleet, no matter oJ tow
long etandin. Absolutely
harmless, bold bj drcgsisU.
Price fl CO, or by mail, post
paid, i.00,3 boxes, ?2.7j.
THE SAKTAL-PEPSIH GO,
LOOMIS & GLASS.
to be sent by mail
From September 1st, 1901
to November loth, 1904
Get tlie political news of the country
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UptoDate Cananea Business Houses UptoDate
LEADING GOLD PROPERTY.
The Old English Tavern
CANANEA, SONORA, MEXICO.
The very best accommodations for the traveling public in Sonora. An
Inspection will satisfy ail.
WINES, LIQUORS, ALL KINDS OF BEERS, HALF-AND-HALF, ETC.
W. W. CLARKE, Proprietor.
4 &$2.&3333Q$3$.&3 $,$, 33$,,s$,3,sj,,533s
Cananea Club Saloon a
BROWN a ALVIN. Props.
Finest bar in the State and the only bar in Cananea handling
Make this your headquarters when in Cananea
s '-?SSJ,S& S3 S3-SSS3SSS&&3S3
ore Is concerned,
The Congress mines -were first
opened In 1887, and were successfully
worked on a limited scale until to
ward tho close of the year 1891. -when
the owner of them died, and they
j-emalned closed from that time up
to March, 1894. In the Interim the
Santa Fe. Prescott and Phoenix rail
way was built, and it was then In
March, 1894, that the Congress Gold
company took hold of the properly,
having acquired it by purchase from
tho estate of "Diamond" Joe Rey
nolds, tho former owner. In April,
1901. the mine was again sold, becom
ing tho property of the Congress Con
solidated Mines company, limited.
The town of Congress, where thJ
Congress mine Is. Is connected wiih
the Santa Fe line by a branch line
two and one-half miles In length, the
onntctlng point being Congress
Junction. The plant of the Congress
" in' one of the finest gold plants in Ari
zona. The concentrating mill con
sists of. besides tho usual crushers.
These are but allusions as to what
will be discussed politically during the
campaign approaching. The BISBEE
DAILY REVIEW Is now the only dally
paper In Cochise county receiving the
Associated Press reports (the only
authentic and reliable news agency
practically extant). Through Its
correspondents throughout the county
and Territory St will be constantly In
touch with just what Is going on.
You will be interested In the af
fairs of your county, Territory and
nation. To place the Review In the
hands of every person capable of read
ing at all, the Review wJll bo sent to
any address by mail front this date
until November 16. upon receipt of $1.
It will not be delivered by carrier at
this price. The final date will fully
cover the time at which the results of
. Fleischer, Mg;r.
Only Exclusive Clothing House in Cananea
Clothing made to'order and fit guaranteed.
3000 samples to select from.
Nicest line of Panama Hats in Cananea
HAXAN and SOX
W. L. DOUGLAS
BUCKINGHAM and HECHT
W. L. CROSETTE
Ladies' and Children's Shoes a Specialty. Main St., Half
Block east of postoffice. CANANEA, SONORA.
Banco de Cananea
Dopj rtmeut ot Cananea ConsoIIdatsCopper Co., H. A.
Cananea, Sonora. Hexico.
Established 1902, Transacts a General BanUintf Boslaei S
Drafts Issued on all Parts of the World. 2
Exchange in Mexican money. S
W. C. Greene. President.
I. Macmar.us, Cashier.
F. E. Beecher, Asst Cashier
National Shoe and Leather
Rank. New York City.
Anglo-Californian Bank, San
Banco ds Sonora. Hermosillo,
Internationa Banking Corpor
ation, Mexico City.
45 x-xjxxj. tf $S333S$5SS.$.S'
J. M. Gibbs CgL Co.
WHOLESALE COMMISSION MERCHANTS, JOBBERS AND IM
PORTERS. AGENTS BALZA HNOS.. LA VIOLETA, LA FAVORITA AND
OTHER BRANDS MEXICAN CIGARS
FULL LINE FINE LIQUORS, WINES, CIGARS, HARDWARE,
OILS, HAY AND GRAIN. GENERAL AGENTS TEQUILA "EL
LLANO," SONORA BREWERY AND NAVALATO DISTILLERIES.
TIME CARD OF THE CANANEA,
YAQUI RIVER & PACIFIC
Leave Naco for Cananea at 10:30 a. m.
Arrive Cananea at 12:30 p. m.
Leave Cananea for Naco at 2:10 p. m.
Arrive Na;o at 4 p. m.
Connections at Naco with E. P. & S. W.
Effective January 17.
E. A. AkFARLAND,
Vjistant General Manage!
Hotel Los Angeles
J. E. LEGGETT, Prop.
Cananea, Sonora, riex
The onh' first-class note
Rates, $1.00, 51.50 and 32.00 per day
g mJ .a-CTtfgftyarJMi
49iMtK2X3TTSLtr TiTryj.l I'J m.UM4Cajjami3aMLTMIJUKm5!VUlJvlHFf-
Mcdonald & kinsey.
Real Estate Dealers, Money Loaned and Conveyancers.
Office: Dubacner Buildinsr. Brewery Ave. Telephone 133
O . . ..-.. a.
IMt UsKAIU UtN I RAL ?
Directly oppoaito tho Depot
European Plan. Nicely Furnished Rooms
Samuel Friedman, Proprietor and Manager
WORLD'S FAIR RATES.
Call at E. P. & S. W. depot for the
cheapest rates to St Louis, Chicago
and all points East, single or round
trip; also stunner excursion rates to
coast points. "Wo can give you the
cheapest rates Tia the best routes to
anywhere you want tc go.
H. H. NEEDHAM.
Careful attention paid to
f handling all kinds of goods.
" My extended acquaintance en-
ables me to aceommoda-. the
publlo with promptness.. 4
J. D. CAMPBELL.
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