Arizona silver belt., 1890-08-09
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rnr COPPER m,Srs OF GLOBE.

The fact thas Globe survived the un- usual depression i'll mining from which the West is just recovering, is proof that the district possesses superior re- sources. Undoubtedly, the chief sus- taiuing factor has been copper mining
 not forgetting the help that our silver mines contributed.
 The efforts of the Old Dominion Cop per Company to develop their mines, and make them remuerative, arc com mendable, and aside from the very large returns they are now reaping from their investment, and the direct benefit to Globe from the monthly disburse- ments of money to employees and others, there is another feature bearing upon our prosperity which has not received due consideration, namely the favora- ole effect which the Old Dominion Company's success has had abroad, by establishing a name for Globe and an onyiable reputation for Globe copper, which stands second only to Lake Superior copper in the market, and IS little inferior and for most purposes equal to it.
 One advantage which Globe ores possess over those of most other sec tions, and very important one too, is tho simple and inexpensive process re- quired for their reduction. h com parison with the extensive reduction works of the Montana and Lake Supe- riOr mines, the furnaces employed by the Old Dominion Company are so in- significant as to invite ridicule from uninformed persons. But in this very difference-coupled with the large per ccntage of copper in the ores-is to be found the exploration of how it is pos sible that we can compete in the pro duction of copper with districts so much more favorably situated Supplies of all kinds fer Globe are transported by wagon 135 miles, from Wilcox, ma terially increasing their cost, Coke worth sl6.75 per ton at the railroad costs S46, 75 here; the price of other sup plies is eorespondingly advanced, and yet copper is producedhere at 5l@54c. per pound, and being SO pure as to need no refining, it is laid down in New York, ready for consumption by the manufacturer, at 7}@7lo.
 The 0id Dominion stood third among the Arizona companies last year in the production of copper, with an output of 5,915,5l0 pounds = the Copper Queen, of Bisbee, leading with 9,924, 000 pounds, and the Arizona Company, of Clifton, coming second with 7,600, . 900 pounds During the greater por- ton of 1889 the Old Dominion ran only .one 30-ton furnace, while the Bisbeo and Clifton companies smelted very much greater quantity of ore in pro- portion to the amount of copper pro dueed, and operated under much heavier expenses, and, therefore, the net result of the year'swork by the Old Dominion Company was much more satisfactory than the showing made by the Copper Queen or Arizona Co.
 The present year, thus far, has been the most prosperous ill the history of the Globe mine. Two furnaces hare been in blast almost constantly, and the prospect is favorable for largely increased output for 1890 over the pre- ceding year. Indeed. if the favorable conditions now obtaining continue to the close of tho year, the production of the Old Dominion will reach 5000, 900 pounds This will be supplemented by an output of, probably, 1000, 900 pounds by the Buffalo Copper Compa- ny, soon to commence smelling.
 The resumption of the Buffalo is i'm portant as proving the existence of val uablc copper deposits outside of the claims operated by the Old Dominion Company-a fact that has never admit ted of much doubt. The showing in the Buffalo, for the limited amount of development done, is excellent and jus titieH the belief that it will hereafter Iigurc as one of the steady producers of Globe District.
 The Long Island Company's proper ties, in the opinion of many, are equal ly as valuable as the Buffalo group, and there are number of other claims, in the same vicinity, not so well known and but slightly opened, which, never theless, are good prospects, and these latter offer an excellent opportunity to investors who have the capital and nerve 10 purchase and systematically exploit them. Most of these claims are owned by men of small means, unable themselves to develop them, and, there- fore, willing to sell at moderate prices
 The wonderful increase in the con sumption of copper in all parts of the civilized world, and the certainty of it's continuance, has restored the confidence