Arizona republican., 1897-10-07
THE METAL MARKET.

THE METAL MARKET.
 New York, Oct. 6.-Silver certifi- cates, 55@56; silver bars, 55 Ills; Mexican dollars, 43; copper easy, brokers, SIPS; exchange, $1110; lead strong, brokers, 4; exchange, $415.
 AT GLOBE.
 A Good Mining Camp Awaiting the
 Coming of Railway Connections.
 Globe, Ariz., Oct. 5.-(Special cor respondence Of The Republican, J. Four years ago fire played havoc in Gila county's mining center, the county seat, from which the energetic people emerged with a promptitude that evidenced the spirit of progress which prevails among those who seek fortunes amidst great obstacles, leav- ing comfortable homes in localities that enjoy every privilege civilization can beStOw The camp arose from her ashes, moving along with seem ing security until last spring, when hopes were again suddenly dashed to pieces by the shutting down of the United Globe and Old Dominion smell ters at the very doors of a camp that is remotely situated, the nearest rail communication being that of the Gila Valley, Globe and Northern, and this route one of the most unfortunate, exposed as it is to floods from the Gila river and mountain canyons. With the closing down of the smell ters came the loss of about four hun dred men, who, thrown out of work, were compelled to seek other avenues of employment. As a result of the departure of this body of men a few places of business closed down, thus adding further loss. Regarding the suspension to be of temporary ma ture, those engaged in trade have since resorted to economic measures, avoiding, as far as practicable, a dis position to fall into picayunish mo- tions. This is not Tombstone repeat ed, for the people well know that the cause leading up to the present con- dition of things is not because of a lack of hidden wealth, especially SO of copper, but to matters of transpor- tation.
 Operators in the Globe district have waited until patience- has exhausted itself in the Vain hope of hearing the screech of a locomotive whistle in the hills overlooking the town. Patience having ceased to be a virtue the own CTS of the two plants above referred to resolved to discontinue turning out copper bullion for a time at least. This seems to be the generally ac- cepted idea among those conversant with the situation, though some few are disposed to advance the idea that the action of the companies is based upon other motives, notwithstanding the fact that immense bodies of ore lie in wait to be mined and thereaf ter treated in the district.
 Aside from the two propositions there are several other camps in which copper and gold mines are be- ing developed, that of the Black War rior, sending its output to the Pinal creek shelter for treatment In Gold gulch, Lost Gulch, the Continental and at other conveniently located points development work is in pro gress, the whole forming a fine dis trict of which Globe is the pivotal point. Though the above mentioned smelters slacked fires in April the companies operating have retained about 200 men who are employed be- low. These employees, together with those engaged in other camps within a radius of fifteen or twenty miles, distribute their earnings in Globe and upon these the town is now depend ent, adding thereto the cattle interests which are in a measure tributary to the mining center. The interest in Globe is manifest from the fact that
 
 the district as a feeder. The consen- sus of opinion seems to be that the Santa Fe will push out of Phoenix and all eyes seem to turn towards the east end of the Salt River valley as the territory first to be covered by rail in its course through Pinal, Gila and Graham counties, looking to an eastern outlet in Grant county, N. M., there to connect with the main line of the great system controlled by the A. T. & s. F. The present arrangement, meager as it now exists is the freighting to Geronimo via San Carlos, thence to Bowie. From all reports it would appear that there is no immediate prospect of extension of the G. V. G. & N. northwest to Globe. However, the unexpected may
 
 outlet is the only way out of the di- lemma for several months to come Globe will patiently await develop ments, every move of the mining companies, railroads, present and prospective, being watched with anx- iety
 The population of Globe, taking in the camp, around the smelters and adding the district south a mile from the postoffice, is 1,500, falling off of some 500 since April 1st last. The school census is $50. County, 5000. The registration in 1896 was 1.124. The attitude is 3 400 feet.
 AS a large number of Republican readers will desire to acquire a bet ter knowledge of the official business status of Globe and county, of Gila, the following condensed directory is presented: