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DAILY ABIZONA SILVKR BELT
. NATIONAL COPPER BANK, New York
- FIRST NATIONAL BANK, Los Angoles
t STATE NATIONAL BANK . El Paso f
W. A. HOLT, President PATRICK ROSE, Vice President
E. M. WHITE,, Vice Presidont A. Q. SMITH, Cashier
J. J. KEEGAN
FRED C. GRIFFIN
C. M. CUSHMAN, Assistant Cashier
International Banking Corporation,
through whom we can draw drafts on all of
the large cities of the world.
Report of the Condition t the Close of Business November 13, 1908
Bills Receivable . .K v . . 1 . . . . . . . .: M mft $52,439.82
v orQrixits ' ................ MMM
, U.S. Bonds for Circulation. - , . f; 50,000.00
Premium on U. S. Bonds ..... -. "i . rl , y . ' "V? .2,000.00
5 per cent Redemption Fund ,.v. .;'. ... ,. . .2,500.00
Furniture and Fixtures . . .:,.'. ,.1 .. V 11,500.00
-Cash and Exchange: . ? '.-j.; 'if? ?&&
Duo from Reserve Agents . ." ! J -J '."." . . .V$22304.87 ' ' "
Due from Banks not Reserve Agents N--',rr-rfa-r-r: "32,020.02
Cash in Bank' . . . ,.'.., :;i.',. T; J'.T7 '. 25.298.85 79,823:74
, J V '".; - ,$198,263:56
. - . .
I do most solemnly swear that the ab6ve statement is true
to the best of my knowledge and belief. -
A. G. SMITH, Cashier.
, , . LIABILITIES .
Capital Stock ...' .' :; . . . 50,000.00
4 $ .w&Jii,
Surplus . .. .
Circulation . .
Deposits: T'"' V$ v. ',..
Individual Deposits J. . ..',.. .' 7 TJ;. v . $80,590.29
Demand Certificate of Deposit. . j . ) .. -,iy"jjjf V 260-
Time Certificate of Deposit ' . .?"? '' 7,523,01
Cortified 'Checks ' i ".' . . ..' s. - . . 11.00"
Cashier's Checks v '" ,' ?- - 153.45
Other Deposits not in Above ,. , 41,838.53
Subscribed and sworn to before me this 14th day of
My commission expires "February 13, 1911. T. J. ELLIOTT, Notary Public.
The attached is a special statement of the bank for the purpose of showing the public our adlual condition at
this time. We point with some pride to this situation after passing through the recent financial trouble.
Our Surplus and Undivided Profits are larger than ever you will note.
' ' If you exped: to open an account or make a change in your present arrangements we wpuld be glad to have
you call on us with a view to establishing business relations on a mutual basis.
oaiety iepusn joules in a sieei-imeu vauri ior renr.
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WAS POEMEPLY TIEB MARSHAL
IN WASHINGTON CITY NOW
STAYING IN AEIZONA.
THE ADAPTATION OF NATURAL RESClURCES IN AFRICA.
Sydney Bicbcr of Washington City,
who hag been visiting in Arizona io
contly, is tho eanio man mentioned in
vtbo following from tho Washington
Post. Biobor'bas undertaken to reach
into tho cashdrawcr of tho Tucson Star
an dtako $100,000 by means of a dam
"Chiof .Tuitico Clabaugh of tho dis
trict supremo court, yesterday ordered
a mandamus to bo issued against tho
commissioners of the district; compell
ing thorn, to ro3toro Sydney JJieber J'to
the pension rolls of, tho llrodspartment,
from winch his name had been dropped
by order of tho commissioners.
Tn making his 'ruling tho cbicr jss
tico intimated that tho commissioners
hod acted hastily, in not affording Mr.
Iiiober a chanco to appear an I show
cnuso why ho had failed to respond to
tlKs qrder for tho medical examination.
The chief justico did not decido v bother
or not congress had tho power to re
quire a medical examination for tho
benoficiarics of tho -pension fund, or
to authorizo tho commissioners to ro
duco or tako away tho pension. Tho
opinion was expressed by tho court that
inasmuch as Mr. Bicbcr had paid month
ly contrrbutionH to tho fund out of his
salary whilo a mombor of tho firo de
partment, bo had a right to a pension.
Tho chief justico pointed out tho
difference' between tho pension funds
of tho polico and firo departments and
tho pensioning of soldiers. Tho latter,
ho said, was a bounty, subject to tho
will of congresj, and failure to appro
priate money would abolish tho penuion.
Ho held that the commissioner havo
tho right to mako roasonablo regula
tions for tho conduct of this fund, but,
having discharged a man from tho ser
vice and taken away bis salary and
awarded a pension, ithoy could -not thon
tako away tho pension without at least
afTording him an opportunity to bo
The chief justico said that tho iiotico
to appear was, not sufficient, because
it was not shown that dllnosil or somo
lt. . . . X. 1L L-.l
other cnuso micht not havo 'orovented
his attendance at tho tiniojispecifled.
A subsequent notice ordoringtMr. Bie
ber to show cnuso should havo boon
Mr. Bicbor, who is a former firo
mrfrshnl, was discharged becauso of dis
ability, contracted in service Ho was
dropped from tho pension rolls of tho
firo department becnuso ho had failed to
prcsont himself for an examination or
dored by (ho commissioners, undor an
A Lugubricms Affair.
After nearly every other kind of con
vention hnd been announced to bo held
in Phoenix this week, tho Funeral Di
rectors' association met thcro on
Wednesday and discussed matters of in
tercst to undertakers. The members in
attondanco woro in a chcorful mood and
in tho afternoon made up a tallyho par.
ty and took in tho fair.
COUNCIL WILL BE DEMOCRATIC
NINE TO THtEE AND HOUSE
EIGHTEEN TO SEVEN.
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Practically complete returns from tho
cntiro territory show that tho demo
crats will bo in absoluto control of
both houses of the territorial legisla
ture Chairjnnn Joo Dillon of tho demo
cratic territorial committeo claims tho
complexion of tho legislature will bo
as, foljows: t
Council Democrats 9; republicans 3.
Assembly Democrats 18; republicans
Tho personnel of the council will bo
Apache S. E. Day, H.
Mohave Keen St. Charles, D.
Coconino Fred Brccn, B,
Yavapai M. G. Burns, D.
Navajo William Morgan, D.
MnVicopa Brady O'Neill, D.
Pinal Thomas F. Weedin, D.
Yuma Georgo W. Norton, D.
Gila Geo. W. P. Hunt, D.
Graham John J. Hampton, D.
Cochise Ben Goodrich, D.
Pima-Santa Crusi James B. Finloy,
In tho assembly a list of tho mem
bers U as follows:
Mohave S. W. Tobcy, D.
Navajo Joseph Potcrson, D.
Yuma R. A. Hightower, D.
Gila John MeCormick, D.
Pinal G. Lj Shaw, R.: A. It.
AEIZONA MAINTAINS LEAD
IN COPPEB PRODUCTION.
Graham W. W. Paco, D.; Phil Mer
Santa Cruz Frank J. Duffy, D.
Maricopa S. T. Webb, D,; Frank
J)eSouza, D.r J. W. Woolf, D.; J. C.
Pima John Doan, R.; Kirk Moore,
R.; W. J. Hogwood, D.
Yayapai G. A. Bray, R.; Perry Ball,
D.; Georgo D. Morris, D. "
Cochise Fred A. Sutter, D.; Oscar
W. Roborts, D.; Neil E. Bailey, D., or
E. J Shearer, R.
Apacho J.' 8. Gibbons, D.
i Coconino--T. J. Coulter, R. ,
Territory Now Producing at Rate of
336,000,000 Pounds Per
Canvas fAwnings Globe PalntCo. .
BOSTON, November 14. The terri
tory of Ariron.1 is now turning out
moro copper than over before in its
history, or at tho ratc'of noarly 28,000,
000 pounds per month or 336,000,000
pounds per annum.
Indications point to an increase in
this rate rather tnnn a decrease. Tho
mines that contributed this output dur
ing October were as folows:
Mine. Lbs. Coppor
Copper Queen, Bisbco S,220,000
C. & A.-S. & P., Bisbco 4,910,000
Old Dominion, Globo 3,0S0,000
Arizona Copper, Clifton 3,Q00,000
Shannon Copper Co., Clifton. 3,C3G,000
Detroit Copper Co., Morcnci. 2,000,000
United Verde, Jcromo 3,130,000
Tho Copper Queen output includes a
certain proportio'n of copper from the
Nacozari mines across tho Mexican line,
owned by Phelps, Dodge & Co., and
treated at Douglns.
All of tho largo properties in Ari
zona arc now outputting nt tho highest
Ioint in their history, but not to the
limit of their smelting or mine capa
city. In fact, thoso companies could
output, with their presont capacity, C,
000,UOO pounds of copper moro per
month than they are now doing. A
smelter is Ecldom operated to his full
capacity; for instnnce, the Copper
Queen has ten furnnces, but rarely lias
over eight in bdast, whilo tho Old Do
minion has six and seldom operates but
four continuously. , Tho Shannon has
three an doperafes but two. Tho Calu
met &Arizona is planning to materially
expand in order to take caro of tho
prospective largo increase in production
from (ho Superior & Pittsburg!
Tho output of tho Calumet & Arizona
for October was about 1,000,000 pounds
of copper in excess o fits provious nor
mal output, but this is duo to tho in
creased shipments from tho Superior &
Pittsburg, that company's production
amounting to about 2,500,000 pounds.
It wonld bp surprising therefore, in
view of the- abilities of tho Arizona
companies jfo expand, if Arizona would
bo able to maintain its placo at the head
of tho producing states or territories.
For the 1908 year, tho territory will
probably havo a record production of
about 295,000,000 pounds, allowing a
27,500,000 pound production, for the re-
jlcnr" i . r "EiJBnjBlfllB
Who Will Appear in "The Little Prospector" at Dreacl
' " ' land Wednesday Night
maining two months of tho year. Pro
duction sinco theh first of tho year by
months has been as follows:
March ,. 22,742,000
April .. 23,884,000
November .......,.., 27,500,000
Total ' 12 months" .... 294,793,000
NEVADA FIGHTING GAMBLlN(i
RENO, November 14. Following ''
report that California horse race PI
moters would como to Nevada if hjfl
racing is stamped out Dy the CalifoPl
legislature, J. E. Monroe, vico prcsia
nf flii nnti.rromlilmrf 1nimii fnHflV
that tho leaguo would present a r
tion to the comiif fitate legislate
asking that these California promot'
be refused a franchjso to carry on v
jng in tnjs state, no also ueciareu
another petition calling for a spj
election to drivo gambung out of v
under tho initiativo and refercno
net, would bo circulated next week
' ... . . . i
says that it is tho intention oi
leaguo to continuo holding these spf
olectionB until gambling has been ln"'f
out of Reno.
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