Arizona silver belt., 1895-06-01
THE DEAL CLOSED THE OLD DOMINION COP. PER COMPANY PASSES
 INTO NEW HANDS,
 A GREAT COPPER MINE.
A GREAT COPPER MINE.

A telegram received by superintend. ent N. s. Berray, on Wednesday, an- nounced the sule of the Old Dominion | Copper Company's mines and plant. Lewisohn Brothers, of New York, the nominal purchasers, have held an option on the property, which expired on the 2Sth inst, and it was necessary for Mir, G. NJ Hyams, their agent, who left here last Sunday, to telegraph the result of his examination of the prop erty. He and the gentlemen of the Arizona Copper Company with him were astonishsd at the splendid show ing in the mine, and the thorough working order in which the entire property was kept ready to resume the production of copper at a day's notice.
 The Old Dominion Copper Com pany's mine is to-day ono of the most valuable properties in Arizona. Al ways a good producer, the work of tine past year has been confined to de- velopment, under the supervision of Superintendent Berray, with the re- suit Shat the mine is now in better shape for the production of copper than ever before in it's history. Ore in quantity has been developed on every level, from the first to the eighth. Its present. condition can be better understood from the statement of AIr Berray, that, working the pres ent force-a day shift only-ore could be supplied to run two.l large furnaces, and that by working night shift also, the output could be doubled, and the mine easily stand the heavy draught of orc.
 The bins at tho smelter are also well filled with ore, the furnaces in good repair and all the machinery of the plant in apple. pie crder
 The flow of water m the mine has not been troublesome, showing no in- crease since the development of the eighth level was begun. With iucreas- ing depth, however, it is expected that more water will be encountered. To meet tuis the boiler capacity should be increased; nothing else Is required to insure the satisfactory operation of the entire property.
 The old Dominion Company's mine has produced about 7O,OOo,O00 pounds oCeoppel, and contrary to the opinion sometimes heard expressed. the mine is good for many years, there being large blocks of experiencing ground not yet touched Without increasing the capacity of the smelling plant 5000, 600 pounds can be produced an- nually, which, at the present price of copper, represents & profit to Che com pany Of about se50,OOO
 As already stated, it is not known here who are the real purchasers of the | property. lewisohn Bros. are the heaviest dealers in copper in the United States. They are agents for Che Tamarock, the Osceola, and the Rearsage mining companies, of Mich igan; the Boston & Montana and Butte x Boston companies, of Montana, and the Arizona Copper Co.,, of Clifton, Arizona; and stockholders in one of these, probably, are the purchasers of the old Dominion.
 The supposition ia that snelting will begin as soon as the transfer of the property can be made, and when here Mr. FJyams iutimated thatj in the event of the sale being consumnated, tine purchasers desire to retain the force of men now employed, which would be of great advantage to the new company.
 The old company has been handi- capped by having so much of it's stock tied up in the Simpson estate, which has not yet been settled up. This has been serious obstacle to the active and satisfactory operation of the mine, and explains why the company did not enlarge it's holdings by the purchase of adjoining claims. For this reason, and for others, we believe the change of ownership will prove advantageous and that it will excite renewed inter est and activity in the Globe mining district.
 Mrs. Aguirre and Mrs. Byrnes, who last year 30 efficiently taught the pub