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title: 'Bisbee daily review. (Bisbee, Ariz.) 1901-1971, February 07, 1913, Page PAGE SIX, Image 6',
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Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ
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TI1E BISBEE DAILY REVIEW, BISBEE, ARIZONA, FRIDAY MORNING, FEBRUARY 7, 1913.
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Sharp Turn May Be Close in
Market - Oil Booming -
Rails Await Dissolution
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.WASH SALES BARRED
NEW YORK. X. Y, Kefc. C The
favorite mediums or speculation, j t
which stock market conditions aro
guaged. icmalned virtually on a dead
level todav Some or the less actlvo
Issues moed more widely but opert
tions In the. stocks which make the
market were perOiinctory 4nterst
lagged and the volume of business
fell off considerably.
Sentiment s still bearish, but trad
ers on the short side are held In
check by fears of an .over extension
of the short Interest
x There was some further selling In
coppers, which were heavy through
out the day, but the losses were onlv
fractional. The copper group was in
fluenced by a further break In the
metal market In London and by re
ports of substantial concessions in
the domestic market.
The Harrlman shares moved in im
uncertain way, being influenced 'v
various reports concerning the dis
solution. The expectation of a defin
ite announcement of the dissolution
plan was effective in restricting the
trading not only In IT. P and S I,
but In the market as a whole.
The engagement of $1,000,000 more
gold for South America brought the
total of the outward movement this
jear ;o more than $20,000,000 In
view of the prevailing conditions in
European money markets, further
exports are expected.
.The statements or foreign banks
showed no improvement. The bank,
of England reports a snrinkage in
proportion of reserve to liabilities.
Desp'te the gold sent to France from
this country, the bank or France le
ported an Increase or gold holdings
or only $050,000. Business was well
distributed in the bond market but
the tone was uncertain. Total sales
par value. $2,130,000. Government 3
unchanged. " "
Domestic Use Zf" I
(Furnished by L. J. Overlook)
Anaconda ...I -.., ..
American Smelters ....
Atchison . .".
"Brooklyn Kapid Transit
Baltimore and Ohio ....
Chesapeake and Ohio ..
Inter boro Common
Louisville and Nashville
Missouri Pacific .fc. ..
Xew York Central ....
SL Paul ,
Southern Pacific . ...s.
1C1 1 '
. 11C 12
. -64 3-S
. 104 7-S
Electric Toaster Electric Water jHeater
" Coffee Percolator " Baby Bottle Heater
" Chafing Dish
" Disc Stove
"t" Warming Pad
" Vacuum Cleaner
Electric Sewing Machine Motor-
Hot Point 6' lbs. Price $3 -
General Electric 6 lbs. " $450 S
Westinghouse 6 lbs. . - $4 Guarantee
American Beauty 6 lbs. SSP - Life Guarantee
We have all of the above appliances for sale and all
are sold subject to acceptance or rejection after
Iay .... Slli
'July . ...... 54 u !
1 May ,.
March -.- ;. '12.46
- Boston -
Adventure -. ..... t 4 1-2
Algomab i 2
'Arizona Commercial . 3,1-2
Allouez ..'. "-
Butte Superior ,- o
Centennial .. ..... 17
Chlno T... '.. 411-4
Calumet and Hecla . 400
Calumet and Arizona ...... 65
Copper Range 451-2
East Butte 131-4
Granby ,. ...... ....... 661-2
Frank ..--., , - . "I,"2
Greene Cananea .... ...... 8-S
GIroux - 31-4
AFtn Off yu as fr beer do not take a sub
VV M&Tl stitute. Insist on having The Tann-
hauser Beer, the beer that is bottled at the
Brewery.) Delivered to you at $3.50 per case.
If your grocer does not have ii, call
Boston & Bro wn
Agents of the Copper City Brewing Co.
(Hancock .... ,...
Rainbow Dev. ...'... ,.t
Sierra , .
San Antonio ......"....,
S. V Miami t...
Savannah bid . . .
West End ,. 146
Warren .... .J 5
Wolverine bid 75
Warrior .... 11-4
Calumet Oil-bid 37
Baltimore Oil ax .... 4C
Verde .Extension 80
Helvetia ....,, ... ..
Indiana . ..f. ......
Inspiration Consolidated .
Isle Royale ........ .,...
Lake ... --- 183-4
Lasalle ........ .-....- 5
Mohrawk ,.... 63
Mason Valley 81-4
Xorth Lake ..-. 21-2
Xorth Butte 29 1-4
Old Dominion 48 3-4
Old Colony 61-4
OsCeola t 9
Phelps Dodge 21S
Ray Consolidated 19
Shannon - 12
Shattuck "- 251-2
Superior Boston 3 &-S
Utah Consolidated 10 "W
Ufah Copper 621-2
Xevada Consolidated 181-8
Saginaw .' J 3-4
Alaska Gold J61-8
Braden . 3 1-2
B.'and A. f
B. and I ...,... 3S
Bohemia 2 !"
Caotus ... 8
Denn - 7i
Davis Daly 1 "8
Elenlta ox (-- 2
Kerr Lake. --. 31-4
Lucky Tiger 1-8
Xorth Tigro 9
XEW YORK, X Y., Feb. 6. Cop
per firm, electrolytic 15.75 to 16.25,
nominal. Lead steady. Spelter weak,
antimony nominal, iron unsettled, un
changed. Copper arrivals 720 tons.
Exporta this month "620 tons. Lon
don copper quiet.
BOSTON COPPER MARKET
(Furnished by l. J. Overlock, Irom
Pcine-W ebber & Co )
London coppr was again weaker
todiy and , rumors were current in
Xew York that price 'or the metal
would be cut to 15 cents. We do not
think such a move likely, however,
as the large producers are in a
strong position, being pretty well
sold up. The Copper Producere'
Statement to be Issued tomor'ow wisl
no doubt show an Increase of fifteen
million pounds or more and should
the market show any further weak
ness on this statement, think stocks
can be bought for a turn. Local
curbs continued, gulet at unchanged
prices. Money 3 per cent. Metal
15 7-8 to 161-2.
NEWS INFLUENCING THE DAY
QUO BUNCO MILL
SHOWS G0Q8 RESULT
TUCSON, Ftb. 6. The reent
strike cf ore in the Oro Blanco dis
trict have been the cause of renewed
activity In the opened mines while
the new ones are being developed
with a rapidity which promises to
make thin one of the important rain j
insj camps of ne southwest before
George T. Glesebell, SheriffJohn
Nelson and United States Marshal C.
A. Overlock recently returned from
the property of the Progressive
Mines company, whore they wit
nesed the operation of the new Hunt
ington mill. It was installed under
the supervision of-T. B. Dillon, man
ager. It was started Tuesday ana
Glesebell stated that the OJa Glory
and Montana claims are be!ng re
opened and that large quantities of
ore are being shipped from tlicr Aus-
terlitz mine. He said that the four
foot vein at the bottom of the Pro
gressive company's shaft shows as
says of $SS in sliver to the ton.
(Furnished by Correspondents of
Levy Bros. Brokers)
Governors of the stock exchange
passed a resolution prohibiting trans
action In securities which would In
volve no change of ownership.
Foreign exchanges believe hostil
ities In tbo Balkan war will soon
cease and can be confined to pres
China intimates to six powers
group that she may geek loan else
Incoming business of various steel
companies continues below ship
ments with no change expected in
the current month.
Crude oil Bolt at J2.&0 a barrel
and readiest the highest price 'n
nearly twenty years. Standard oil
Interests declare that thero is a ser
ious shortage of crude olL
Great Northern has ordered 15.C00
tons of rails; Norfolk & Western has
ordered 2,000 freight cars.
Erie's net earnings for December
1912 were 1,062,240 as compared
with 1,083,622 In the same month In
Metal nfarket unchanged.
Enormous Amount of Work
Now Under Way; Mill
Ma'y Starts in July 1914
Ix A Hagy private secretary of
Cr I.. D. Rickctts in Cananea, was
in the city yesterday returning from
a visit to ibp' Globe mining district
where he accompanied Dr. Rickets
a week ago He went on to Cananea
in the afternoon
Mr Hagy went all over the Globe
district and especially the area In
cluded in the Miami and Inspiration
holdings. According to his state
ment there Is a vast amount of work
now being done oy the Inspiration
Company Material Is coming for
tho great concentrator which is plan
ned and the site prepared for those
who will do the construction work
Thl3 mill is to be erected by Mr
Burch. who built the Miami mill and
also the mill at Nacozeri, Mexico be
fore he went to the Globe district.
C E. Mills, formerly of the Detroit
Copper company at MorencI, is tbo
directing head of the Inspiration ac
tivity and is making every day count
and show some progress.
Mjr. Hagy stated that he under
stood that the expectation was the
first unit of tbo Inspiration concen
trator could be put Into operation
about July, 1914 This first, unit will
have a capapclty for reducing 7,500
tons of ore dally
NEWEST NOTES OF SCIENCE
In Holland there has been invented
n gas motor with only five parts.
Try It (or uul catarrh, catarrhal dat-
n- hav fever, aathma. cold In t Hat3.
marra of taa totnaca ar ar U"T eooH
braiM. Ott Kaadoaa.lKa arwtnal aadeafy
taa aaad, aot aad fccala tba t&fiaateil ima
vrtwy a taa ar ftae lata.
KOHBON Mrs. CO.
" a, t
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LY REVIEW has
superior equipment for all
ML Mi M JLaHa AjMM
"W"flfe. "?i A
JSL BL(SaSaS Jfet
every character . .
imates Promptly Given
Call phone 39 or apply in
f. ai ' Sr-r
Bisbee Daily Review
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