Bisbee daily review. [volume], October 11, 1912, Page PAGE SIX, Image 6

About Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971

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PAGE SIX
THE BISBEE DAILY REVIEW, BISBEE, ARIZONA. FRIDAY MORNING, OCTOBER 11, 1912
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MINING RAILROADS
DOOGHTI IS
ORE
MARKET SHOWS
STOCKS SINK
High Grade Copper Is En
countered Recently on
the 500-LeveI. Goes
8 Per Cent
THE CANANEA OUTPUT
CAXANBA. Mex., Oct lt A rll
ore discovery has "been maae at the
Democrata mine recently. The fird
was made on the 600 foot let el, and
the extent has not yet been ascer
tained, except lhat it will prove to
he the largest ore body on the pr -erty.
It aerages S per cent in c
per.
The smelter of the company is op
eratlng steadily, and within the next
month or to the new portion of the
reduction department vlll be in op
eration. Considerable new machinery
has been ordered, which Is now begin
ning to arrhe in the city When all
has been recehed the new smelter
will be lilown In.
The Superior-Honanza property, lo
cated about six miles west of Imurls,
In the Magdalena district, and op
erated by the Cananea company, is
looking exceptionally good at present.
Considerable work is now being done.
Including the running of a tunnel 1.
00 feet, a new working shaft bclns
Bunk, and exploration work under way
The tunnnel has been cut already fo'
a. distance of 700 feet. The new work
ing shaft will be sunk in the foot
wall, and will go dow n to the 500 foot
level at a point 20 Teet aboie the 100
foot level The new shaft Is beln.j
sunk to get away from the water.
The tunnel will connect with the new
shaft as well as the other two shafts,
which hate been sunk to a depth of
about 450 feet each. The tunnel is
to be used for. the transferring of the
ores from the mine to the railroad,
which is to be constructed as soon as
conditions become quieter. It will al
so serve as a drain for the water
atote the let el, and the water belou
will be pumped to the tunnel level.
The property Js unaer the manage
ment of Henry Bollweg.
Disturbances Cause Decrease
Revolutionary activities in northern
Sonora, which Interrupted train -service
on all the railroads In the state
during the month of September, also
causing many small properties to
discontinue work and the larger raes
to curtail output, are reflected in he
exportations for the month, esuc' 'If
through the port of Agua Pr l,
through which all the ores from i c
northeastern portion of the state, art
shipped. The September exports
were valued at only 871,600 pesor,
while August shows a total of 1,722, 1C0
pesos, the latter month showing a
great reduction for the month of July,
which was over a quarter million
pesos more September silver exports
were 293,000, while August was 501'-,
S530; gold. 110.000, with August. 244.
700 pesos: September copper amount
ed to 465,000, and August. 9C8 100
pesos. In bulk, the August exporta
tions amounted to 14 40C tons, while
September only totaled G.487 tons.
The output of the Cananea Consoli
dated Copper company's smelter for
the month of September was 7,250.000
pounds of blister copper, while Au
gust surpassed 7,350,000 pounds The
loss is accounted for In the interrupt
ed train service and Inability to se
cure as much supplies as desired, al
though this did not interfere greatly
with the operations of the company
as a whole.
Capote Ore Body Rich
The new shaft being sunk at the
Capote mine of the Cananea company
is rapidly being completed and much
- headway is being made In the future
main shaft of this property. The
new ore bins have been commenced
and the grading done for the spu
of the company railroad and moto'
line has been about completed Tha
ore body at Capote has been showing
up greater than eer, and on the 001
foot level the ore is found to continue
as rich as as on the other let els
above, up to the SOO foot let el.
To Work Over Tailings
The Calumet and Sonora company
has decided to work over the tailings,
. which have been accumulating for
the past three or four years, as it nas
been found that they will average
J2.S0 a ton. This decision was ar
rived at recently by Dr Walter Har
vey Weed, of New York city, who Is
.the consulting engineer and manager
of the property, and who Is at pres
ent at the property.
The ralls for the incline shaft hsfte
been continued down to the 52-foot
level, and the skips can now be op
erated to that depth.
Strike $16 Ore
A find of $16 ore was made In the
drift on the 300 foot level recentlj
This drift was started about two
months ago, and Is being driven in &
southerly direction to catch the ore
fcody. The stringer was encountered
at a distance of 125 feet from the
'shaft, where it was about five inches
In width. The extent of the And has
not yet been ascertained
A new air compressor has been or
dered and will be installed upon Us
arrival. Other machinery Is also to
be added fo the present equipment.
13 OTTOBRE, 1492
rwnKr i us?, tiate of the dis
covery of America by .Christopher
Columbus the great Italian navigator.
Data memorabile che dovrebbe ca
sere acolplta con lettere dl oro nel
giorno II gran navigante Chrlstoforo
Colombo, scopri 11 nuovo mondo; Im
mortallxando con questo fatto II sao
nome. o quello dell'Italia Inters. id
vertlseraentT ...
- d, p. nossi
Profit Taking in North Butte
Is Over but New Buy
ins Causes High
Finish
COPPERS TO GO HIGH
BOSTON. Oct. 10. Tho local mar
ket maintained uniform strength to
day, with certain specialties showing
aggresslte buying. Profit taking In
North liutte seems -to be over, and
all through the session today new
buying kept the stock strong and the
close was the highest of the mote
metit. .
Granbj advanced easily to C4 1-2
and closed there. New interests are
picking up Indiana and Prankln, and
a radical change in the directorate
of these companies Is expected short
ly. We look for continued activity
pnd higher prices for the coppers.
i Total sales New York C47.00G.
Money 5 per cent. Metal 17 7-8.
ARIZONA INSURANCE
AGENCY
60 10 BIG FIGURES
CLOSING QUOTATIONS, Oct.
(U J. Oterlock)
10
New York
Amalgamated 00 1-8
Anaconda 45 5-S
American Smelters S7 5-8
Atchison ".., 1101-4
RrooMjn Rapid Transit 913-S
Baltimore and Ohio 108 1-2
Chesapeake and Ohio 108 1-2
Canadian Pacific 273 3-4
Krle 361-2
Greit Northern 141
Lehigh Valley 177
Louisville and Nashville 1C1 3-4
Missouri Pacific 431-2
Northern Pacific 127 5-S
Heading 177
Ilock Island 271-2
Sugar ...,. 12G1-2
Steel Common 79
Steel Pfd .. 1151-1
St. Paul ,. 1123-1
Souther Pacific 1113-4
Union Pacific , 174
Substitutes for Red Metal
Will Not Be Used if
Buyers Analyze Cost
When the price of copptr Is con
sidered. !t must not be forgotten that
n larger market, to corresiond with
the larger supply, is encouraged by
a sales figure which falls within tho
reach of the great variety of users
who ir-a be tempted to find other
Btibstlti'tcs for copper In those indus
tries for which it has long been a
staple.
The largest producers of the metal
are undcubttdly expert In the study
of this interesting Question, and they
pertalnLr (should be expected to judge
wisely as to making of prices for
the benefit of the industry and the
largest number of consumers.
Nearly s.x 3 ears ago, the Industry
was brset by prices that, while ap
parentlr redolent of optimism In
themselves, proved dangerously spec
ulative In the nd. Copper producers
havo learned, we think, that It is
the pait of wisdom to maintain a con
sistent nverage of prices, lest they
drive nvay their maiket and cause
renewed depression In an Industry
which has had frequent upsand
Insurance a. Loans.
Heal Estate
easy terms
Bargains In homes on
FOR SALE
NICE 4 room Bundalow In good lo-t
cation, modern and almost new,
Ijrge lot Part cash and balance
easy terms.
5 BOOM Bungalow, all modern con
veniences. 1-arge lot and good lo
cation. Part cash and balance,
easy terms,
3 BOOM bouse with bath and cellar;
Large lot and good improvements
on lot. Small cash payment anC;
balance cnsy4erms. A BARGAIN,
October 10-51
ARIZONA INSURANCE
AGENCY
T. A. HUGHES, Manager.
Bank of Blsbee Bldg. Phone 190
Chlno .. 431-8
Wheat
May ,., 963-S
December 921-1
-
Corn
December 5
May ,
1-4
521-4
December
Cotton
10.7
Boston
Adtenture ...'........ 7
Algomah ...... .s 31-1
Centennial 23-4
Calumet and Hecla . 593
Calumet and Arizona ........ S2
ConDer Range 39 1-2
EaBt Butte 1G3-8
Frank 101-4
Granby 641-2
Greene Cananea 101-2
Giroux 43-1
Goldfleld 23-5
Hancock 28
Heltetla 100
Indiana 1 1-2
Inspiration Consolidated 20 3-4
Lake 3G
'Lasalle 0
Miami 291-4
Mohawk 6S
Mayflower 123-4
Mason Valley 13
North Butte 383-4
North Lake 4 5-S
Old Colony 9
Old Dominion r C3
Osceola 115
Phelps Dodge 221
Ouincv 88
'Ray Consolidated 22
Shannon 1G
Snattuck 2S
Utah Consolidated 13
Utah Copper 64 3-3
iN'evada Consolidated 22 1-2
Victoria 3 1-4
Woli erine 79
Butte Superior 481-4
Curbs
Saginaw 51-
Anmeek T...' 12
B. and U .....f 53
B. and A. 5
Bohemia 3
Baltic 21
Cactus 11
Denn Wd Z.u C.r-S
Davis Daly '. 21-4
Elenlta ax 21-2
Kerr Lake 2
Lucky Tiger bid 45-3
North Tiger . 11
Nacozarl 25
OJlbway - 41-2
Oneco 11-2
Sierra 1 1-S
San Antonio 3 1-S
Summltt 8
S.W.Miami 51-2
Ray Central bid .-. 21-2
Tonopah ....u '.. 71-3
Tonopah Belmont 10
West End 170
Warren 4 3-4
Warrior bid :.., 99
,Wolt erine ax 83
Chemung 6 1-S
Baltimore OH ax 83
Calumet Oil bid 38
CO,
TO THE HEFFERN MINING
STOCKHOLDERS.
Albert Dahlburg at the Victoria Ho
tel on Brewery Gulch. Is authorized
to receive and receipt for the one
per cent assessment called for on the
Heffern Mining and Development
stock. Call between 3 and C P. m.
This assessment may also be paid to
Albert Heffern, P. O. Box 392, Doug,
las, Arizona. Advertisement. 514.
r
;
Chases
Gill
and
ampness
A Gas Hoom Heater is simple and inexpensive.
It gives conrfort and protects health, during
autumn weather.
Small and handy, a Gas Heater takes up Jittle
space and can be moved from room to room wher
ever you want warmth.
Requires hut a few minutes to remove the damp
and chill from living room, dining room or bed
chamber.
Various sizes and styles at various prices, $2.00
up to S10.00.
Call, and look them over
Bisbee Improvement Co.
Don't Send
Away from
Bisbee for...
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PRINTING
The DAILY REVIEW has
superior equipment for all
kinds of
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Printing,
Ruling
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AND
Bindi
k.
ing
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of every character ......
Estimates Promptly Given
Call phone 39 or apply in
person.
?'
Bisbee Daily Review
BISBEE, ARIZONA.
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