Newspaper Page Text
imWJIWWMUJWJliWliUUIWaMWWI i i -.n ..... -M-'rfiM . . t rwo -" '"WWRjUHI THE JMS&Etf DAILY REVIEW, SUNDAY MORNiNG, NOVEMBER 30, 1913 Mining News of Interest Frtim Various Fields of JtjWllliillPJPFiliwiniaw ii.iiiiiihiiii I ii" ' I I Operation k-j: tit . , w : fe? i:- .l. IS. j: te -' i METAL AND SHARED IN GRIP OF PE5S1MIET STALLED ON DEAD GENTER-BUY IDE COPPERS (Continued from Page 1) have sot yet performed the annual obligation have occasion to be up and doing. In the Warren district and tho country immediately surrounding, much ot the work 1ms been done. There Is not a great deal outstanding. There 'will be none loft to go by tfie boc-ds so far as anyone knows. Claim owners lu the district and about it are all Intending to keep their properties. There never was a time ahen they looked better to have and hold. If there i; ground upon -which present holders fall to do the necessary work, it will be,' by reason of circumstances over which they hare no control, and not be cause of any lack of desire to retain possession. BRIGHTENING OUTLOOK IN SONORA Announcement during the 'Week cf several large deals for property ii Sonora.:jnater!ally brightens the Outlook In that state. The transactions are credited to strong Interests and accepted as Indicating that these are of tin opUjlca thai the time is at hand to ! n jl,' 1t-t will rt iko Vla1muiI W. IUKCI1. Ull IUC laofc Vtl , mto a iv. 'U who have lars$ money to spend albo ave, largo truth about things? course' they invariably follow in the conduct of their j ..t Ik'.... .1.. ? W..o mncr nt rw ttmi 4nv swtno tmn ttlnv li.v.i t'n in nrdpr.to.cet all the?' dkcm to be might betHa-lbe earning Interest for them and bo at their command tnan to ' be ill the hands of some one else. There has been a great deal o quiet Inyas- tigauon going on the last few monlli3 as to the real condition iu Jiexlco, on J the government hasJjnot been doing near all of It. ... SHANNON MAKES GOOD COME BACK ' ' Shannon "tifojftfback" emphatically teaiber 30, het?araings amounting to Z5 ; for the otlhe. quarter line quarter. The output .. pojiiwa ot copper, vm ounces ot gom anji r was 15.54 price" received for"he copper for the previous quarter. Average costs, however, were only 13.83 cen pound, as compared with 14.43 cents for I Shannon is la a strong 5finacial position, its balance sheet as of' Septero aeraiVshftiiiaroutob.RstgytBlJO.lZS, inhinglfcousfilered.tiher.eJ'dre, there of Shannon in a more hopeful light than that in which it had come to be viewed of late. THE COPPER METAL MARKET Dlminlshmcut in consumption, because of curjailjuam in industrial activi- El MLi TUCSON. ov. 2S. Local on'e'.als ot the Arizona Eastern know nothing ot the proposal of eastern capitalists! to finance a new road from the west ern part of Colorado to the coast of the San Diego as published recently In the Los Angeles newspapers. As a matter ot fact the Arizona Eastern has surreys completed into Dttrango, Colo., the metropolis of Colorado country which the new line is designed to tap. and have also the franchises as welL The prelimi nary work was done about four years ago and it is much more likely that the Arizona Eastern will build the line, if there is any, which will be built from southwestern Colorado through Arizona to the coast The Arizona Eastern extension from tho main line at Howie would strike the north crossing the Santa le at Defiance near Gallup. At tha present unfriendly state of the money jnkit it Is not very likely that any AD E All BSood Otedgrs yulokff Astehi'Meg Results Wiih iha Orealesf ISd Flintier Ever 'r 9eih, Power, AccompTisBmenf arc all Typified in S. S. S. mm rnooa - Toers npcome jer-i7 rnotr Jo tfaff ftr-aa and Uspu. and the ni .k ht made f rraortHe to drastic Or?v Th o- u aggravate by cawing h-i a! worn tr.uihte A htmt of ieo V" iw thin to br true. They know I' painful xprien To net rtfilit down into -whero tha Mood Is vttMed rtrti 8. S. S the greats tjtvod mlflf evr discovered. Tl wwliM rmmeir ceatalns oro Ingradteftt tke actlre poryoM of which is to wOmvtmH: the tismns to the healthy MtotUm ei Hs wm awnUoi nutrisraat c4 9fff"'1"' tUmtmta ef thte uKUh- I anrMR- arc JoK aa oaMnUal to aa tke WHriUeiw of tha inaala. gralnn, fata aail parg of onr daflr food. lot only this, btrt U troBt.ihi. j-rst!e ef nmc ia .-Mm; polsoe U.e- -. local at gvmimK XiAflmnme ot aoi-r to ?(K i'Ollc, 3. ' -'t. abaoMaa and r f-e4 - 'hl- if m a. se C.ttetM tho l-i -ei a tli oetaw reject and take advantage. If advantage U to b' hirfiln i-intit o in trio "ttniifh Thnufi vvuuiv. w v.w wwh . .... have large facilities for getting at the coming. The idea Is that their fundil during the three months ended Sep 5fcG,339, or more than doublo those of ' for tjie quarter consisted of 2,362,157 o.ibi ounces oi suver; jine average cents, as compared with 15.10,' ceaW the June quarter. and current llabllitlee of but $13ois? is reason to View, the immediate future Tonlght '. onlgtit. If you feel dull and stupid or bilious and constipated, take a dos of Chamberlain' Tablets and you will feel all right tomorrow. For-sale by all dealers. 101 new road will be built by any conv pany. The roed which is pronounced by eastern capital would start at Grand , Junction and tapping the western coal! - .. ...... .. 1 neius oi Colorado anu uie on neids . of Utah would connect that country I with San Diego. The proposed road will bo 1S00 miles long and will tap the Utah oil; basin. It Is claimed that the route,', np pntrA ,Mn -. nf raart in will be 500 miles shorter than any other line between Chicago and San Wego Clapp states that the syndl rale has options orf iron beds in Washington county Utah and p up tho hiillHIni- nt mills tn mnnllfnptlira jjcsseraer steei. He also says that this new'roai! will be aWe to ship Colorado coal to California, and sell same at less than $4 a. ton. Clapp also says that during the past seven years, this syndicate has spent large sums of money mak ing surveys for the proposed road Jn Colorado. Utah, New Mexico, and Arizona and that the company is no prepared to go ahead -with its plans. mm Away Discovered, c'.triinated from their presence. Then, too, 8. S. & haa ich specific aflmuiatlon en Hew .--al ren a to pre wrvo their mutual welfare and a proper relative acatotanco to each v'hrr. In a very boef time 8. 8. 8. has tho reeensfructlTe process so under control that remark bin changes are oboeved. All eraptlre plaeea hal, mrsterioas pains and aches have dlRptred. aad from head to foot there Is a cozuetous sensation of to aowed boalth. From tha fatt that S. a & Is purely a fcotaafeal prsfioratien. Jt is accepted by th weakest stoiBach and has creat tonic JmhKnee. Not one drop of dras, or nlnerals is tised In Its preparation. Asfc for a. S. S. and Insist upon having-it. Asd If you desire skmrul advice upon any matter concerninc tho blood and skin write to The Bwia Spsclflc Co., S05 Swift BMc, Atlanta, Ca. I)o not allow-soma reatons clerk to larrup the atmosphere in eloquence over something "Just as good" as S. S. 5. Baware of all ceuntcrfdU. SENATORS DISAGREE OVER FLOOD CONTROL F -1-- .A. .. VTT-V V- ' fc-saB' '88jSeWSgWdfe, KT U. -aSb :. sagi1 E r Joseph I- R2.isdtu'to;X nnd i'rar cis G. Newialidu ' United Stnt-cs. Senators Joseph K Kansdeli - of Louisiana and Frajwrs J G. Newlands of Nevada, both Dcmo J crats, disagree t-adtcally ato tin povernmentsl motliod to I:e c:r-, ployed to control tnc "iloodi and U Jr-jjrolatc apq jntro inc now cij navigable streams n tli- aid r.l" in terstate coiiitairce. These two mr will m&et in sharr discussion it ii questions involvpil at the tenth er. nual'. cWcfttioH of the N'atirr.ol Rivers and iiarfkii-s coa--". which is about to meft ia Va.'hint;to.i. .3' : COilii BO ARE BAD So Declares Col. Epes Ran- doloh in an Interview Given "" imv-i.i.n "'"" r-., rr. n . in 1 lioenix 1 ells Ol Vt- Stri'.Ction of Their Lines . . niutwMiA. .nov. rj-une ino.isar.a -, !,. , ,, , . .,. At.n ,,rM c and e,uIpmenl are d Conditions along the bor dcr are abont aR ag m , abs6lutelj. ,rap03sH to tell .... .:. . ... wiiat tnc outcome win be. I don t sec ..... ..... any chance of a settlement verj soon. Thus spoke Co. Kpes naddolph. president of the Arfcona Eastern and oi tne souuiern J'anc lines oi wexi- co, during an interview in his pri- vat enr. rnntlnnine- Tm w.1.1- ... .. . - . ...r.-- ' $ ; b; n ,,,, ww ,, .VM , , . iti kb !inn "x. a r vnino ii rir ;of a mile long. I can't even guess at the Intervention question. . i .. . "One reveolutlonary leader named rmnn Mntnroi -ill Iho train. 1,o Mn and makes a habit of burning the train after looting it He then runs the train to the nearest wooden trestle and barns both. "f am down In Mexico quite fre quently but.cfn-'t get very far, as we are ' nbt operating below HcrmosIIIo. It has been abodt ighl months since I or anyone else have been able tc get over the entire system. The other roadf. are suffering about as much as the Southern Pacific i IARIZ0NA IS QUEEN OF COPPER STATES U. S. Geological Survey An nounces Records Upon Which Title-Rests Arizona -tanks first among the state in the production of copper and copper mining Is by far the mainstay ot the mtnlns industry nf ihn -.lAio according to E.W.-,i;atker ofijUioiW Mexieo$wis 4,057,000 pounds, United' Stat.es geological fcurvcyf ThovHned at ..$507-130; in 1S13 this.pro- recoverable vcopper' contents of the ores produced" in Arizona In 1912 "was 863,038,640 pounds,' a inilllon pounds day.- The value. ot -this product was $00,281,377. In 1911 the recoverable copper coutent of t'ie' ores produced In ties, all ilong the line and abroad as well ns at home. Is the only possible explanation of Ihc decline in copper prices, in the slacking off In industry thb cbpfler ' trade believes It perceives the certain building up of a copper surplus. It Is doing nothing to avert a surplus. That is the other fellows business. Some producers have tho same sort of glasses on their eyes tlia'. the consumers are wearing. They are smoked and things look black. So they are selling, when they can, and Iheconsumers the last week have been f.xlng the price to a considerable extent It all depends on how long tun present wave of pessimism prevails. If It Is going to keep up a few years, as some contend, then copper is doubtless due to make to a lower level. If the next few months "witness brightening skies, then copper will make rapid advance, for a" surplus of significance cannot be accumulated In less than sis months,' I fyn that time. ' " STATISTICS DON'T COUNT Prom the Thompson, Towle & Co. news letter is taken the very timely comment on the metal and markets situation 'which follows: "It was tho late J. P. Siorgnn who several years ago coined tho phrase, 'This Is an age when, ctatlstics don't Fount' it Is very apparent that statistics don't count in copper for in face of the most favorable statistics for many years, both in this country and abroad, with total stocks equivalent to n fortnights consumption, the prlee-of" copper has been'dropped Vc per pound. This has taken place not withstanding the fact thaMhe recent high price of 16 7-Sc was 9 c per lb. under the. high price of 1905, When the statistical position was less favorable than It fs "today. The same tdtuallcn largely applies to cotton. Government figures show a crop of less than-14,000 000 bales'. . Ginning and other govern ment figures show consumption 33 large as last year, which would indicate an actual shortage later on, yet the price of cott6n has declined in the face of this nearly lc. per pound. , I THE COPPER SHARES ' i If Week before last was one of profound stagnation in tht stock markett. : ( Ute public prints generally, heralded It, then last week was one ot pro- foundest stagnation. At the opening a 50,000 share day was handed New Y.ork, the nearest approach to' absolute ;mown In many years'. It is a propitious time, indeed, for a brokers strike and llib curtailment for a while ot heavy, office expenses. If propitious for anything else, that particular thing Ts mrcessfully hiding out from tho neigh borhood ot tickers and blackboards. Neither the bulls nor the bears were, able to do onslness with profit during tile week, for the market was too near dead to move either way. Thomas I.awson appears to bo the only sign of life. Jllels' hammering Steel and endeavoring to promote a general shedding of wool b'S-the lambs. It Is the nmpty-umpth time that Mr. Lawson has played the same game in times of discouragement, but ho appears as fresh as ever and cs ready to taxe on the millions from those who land him credulous ear. As for th 'coppers, code what may in the next several months, these who Tart with their stocks at present prices are absurd folk, and by the same token it is a fine time to buy. They may go lower. In fact it looks as If they would, but juct the same, and as repeated many times in this column. they are nevertheless eicellent, gilt edged ftirestment buys at present prices. Arizona was 306,141,528 pounds, val ued at $CS,267. 602. The increase in 1012 was 5S,S97,1U pounds, or 19.2 per cent in quantity, and $21J63.6S3. or 57.4 per cent iu value. The total value of the mineral products of the state in 1311 was $44,503,S72; in 19T2 it 't-as $07,497,888, an Increase of over 0 per cent The large increase in the production of copper was due principally to the development of steamshovel operation on the low Krade schItt anJ Pnhyriy (concon- ,.,(i.. - j i. ,,... , , . irauiiK ures oi inn imv insirirr. in . .1 .. j .... .... . -itia cduntv. and t!lt! Miami rilRiH,.t m Gila county. Second among the mineral products c An,, i. ,a ,..,. ., ... """" '""""' .'" """" ",c Bl?lc rauks seventh The only other im portant mineral product Is silver. In which Arizona ranks .Uth In produc t,,n- 'ree metals, copper gold a,i sitver. constitute nearly 98 per ccnt V " total produrtlon of tho utnfo Thn nl .,,,!. .tl i iim "- '"- " fi.uiuu .., i. -,,&- . i...j . ,,, " r" "",, """"' '".."r Irt TlTir! tli c-(l-Of rwTtirf (ctii - 3.0 p7 ounces valued at . . . a vr4WWbu ""BB0-, i.ear v onn" or me gom niiTniir la nrtin nan in ma rofii ATlnn r - -" .v..... . W ores; nnd most ot the silver a,KO come frn' copper ores. Arizona TJrJZT2 " -- -.. . - lg , mi to 3,40? short tons, valued at S306.200 and the latter to 4379 short ? " 1' , e.. v.alue "fcf the metallic contents of the r.Mia rvrw1ii Ao1 In Avl-nn In "IflT twrta ;!l 'rr" " " " ?w,wou,ou, or more man nj per ceni ",e total mineral production of the f-lal';- MEXICO NEARLY DOUBLES OUTPUT Until 1P12 Nflw MpxIco was one of the two states in the Itocky mountain region, Wyoming being the other, which lay moro claim to recognition as mining states by reason of their production ot coal than by their output of precious and semi-precious metals. In 3912, however, owing to a marked increase Id production, the value of the recoverable copper content of tho ores mined in New Mexico exceeds the value of the coal mined. The increase in the copper production was due prin cipally to the operations of one com pany mining with steam shovels a large acreage of low-grade deposits at Santa mta, la 1901 the recoverable copper content of the ores mined In Id Jet amounted to 34,0C0,9ff4 pounds, valued at $5,615,10?, the quantity he- a'li'E'approyimately ji times and ths value more than 11 times thatf 1911 The toal production increased from 3.HS.15S shot tons, valued at $4,525 cessation of business on a market day 'ELL DRILLER S IE ALL BUS j SI1 Xov' we". d' "B outfits week ilrillinr new SAN SIMON. Nov. 29. The variuiis are busy this VPPl. fll-llltnf T1Q1C tt'AllB fn .1-ln..n ' - ..w. .-. ,, 'wiuud Pa"s the San Simon Valley, and it Is anticipated that some very fine wes w' be Vrouht ,n soon: .. "e Je3i Averin rig is drilling a second well on the P. Jensen claim about six miles southeast of town. , v ,1 To Tdo'ub be The passes" or o lnoti iTTLT tutlrl "7, IteR a tteH fo- A Bce on the laUor "lato ""ru .u. u. uve vu mc iauers Claim r. Jensen already has a verv fine v"" " ""'1 ( souineasi oi town near the Southern Pacific track. Th Hflllnvp a wn. ma.... ,I, 0.-l A X mam0"ln&ehBr maU Qnd , j encountered any time CtK)perat,ve rf Xo x , dri,u .,, n f. i- T.."" ? ..i ...i. . t vvrrinrtKlio will be1 'Tlj .-. .' , "..'". .be. orth of town, and will drill the fir,t, well In that immediate vicinity. .Carbine nrfd Graham are drillint; , ,h . m,n- -i.r j i i ,ia7ing troutle wItll grare, at a de U; of 25 ft. J. U Hill who has been drilling a deep well at Rodeo will move his rig back to the valley an soon as th around drys off and will drill two wells for John Kirby. Xight and Butler have begun a well on the latter's piace about twelve miles southeast of San Simoti1 and on the east side of the creek.' This will be their flrst well in th valley. Preparations are being made to move the Washburn rig to Bowie where they will complete a deep woll at that place. The recent rains 1icve retarded drilling and now that the weather is more settled some good strikes can be looked for. Many other land own ers are planning to drill as soon as drills can be secured to do the -work. 525, to 3,536,824 short '.ons, valued at 15.037.051. The Raton district produces a cok ing coal ot good grade, and eitensle coking operations are carried on at Dawson, Gardner and Kochler. Tha ther commercial mineral. pfoducU oft mo staie are goia, ;eaa, bjiver, unci sura. Iron orelime, mical, mineral vn ter, salt, sand and gravel, geans, and vanadium mineral.". The total value of the mlncrtl products of Kew Mexico increased from 8,176.229 In 1911 to' HENDERSON WATKINS The followins is an advertisement submitted by W. Robert Brandon, in the recent "AD" contest by Mr. Halgler. LISTEN ! LISTEN ! LISTEN ! Do you want a Life or Fire Insurance? Do you wan some Ileal Estate also? ' If bo call on or phone to - . r ' :-i: Phone 73- , ',.: JBox. GUSHAIGLER "THE REAL ESTATE MAN" BISBEE ARIZONA GOFFER QUEEN HOTEL and High Class Cafe EUROPEAN PLAN Special $1.00 Table d'Hofe Dinner From 5;30 to 8 "p. roj Reg lar 50c Luncheon DaUy HENRY POPPED, Manage We are still carrying as Gallup Domestic Lump ME SI RIVE Brophy Carriage Company Phone 284 Lowell Ariz. Connecting with Logan & Bryan Private -Wire Sysvrn at Denver CORRESPONDENTS; Pains Wb tr & Co., Cos. ton end Celumai. Logan & Bryan, Ctilcifo and New ftTK. SPECIAL ATTENTION GIVEN COPPER STOCK Bisbee Lumber Company Inc. hmil Marks, Mgr. l tr 1 Copper Queen Consolidated Mining a "" ' srsEsasaaattaaaaafcjaaiaaaaaaaiiataFafcaaaaMBsmBaaaalJlaBaBwaais" Mn 1sasrsra7.il , iaiawMsajaaMSsT Company Reduction Works We are now in the Market for the Purchase of Copper Ore and Copper Matte Correspondence Solicited. Addreai: Copper Queen Consolidated Mining Co. ; DOUGLAS, ARI2, BEAUTIFUL H0ME8 ire made of jiood materiale, sood lumber,' roofing, etc., Is required in their construction. If you aro contemplating building a home ycu should ex ercise good judgment in select ing the materials to bo used in its construction. If you buy ot ua you will get the best and at prices no., high er than inferior materials are sold at elsewhere. Lumber Co. our popular grades of A'L, ' ' - Dawson Fancy Nut TO PLEASE .OVERLOOK BROKER ITS PAINT that we wloh to call your at tention to at this writing paint that is pretty in effect, durablo and sun proof. Wo furnish it in any quantity or in standard size caus ready for nsc in a moment. Of courso we have everything that goes with paint sand paper, putty, oil, driers, brushes, etc Wo guarantee all our materials and charge moderately for them. Phone 25 i -ai i-ftj i I i$14,:9U5J In 1912. I Baa m&m$mim&&::'i fraH '; "aiVi m - t"? l n 'fe'' iC- . jUtifel" -