The copper era., 1901-11-21
MINE AND MINING NEWS.
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? MlNL HNU l E@z -
 Ernest Frye, while prospecting las' week. about fifteen miles from Clifton struck some turquoise, which he think; will pay IO develop. He showed some Of the specimens but is quite reticen as to its location.
 The Calumet dc Hecla is just now en gagged in smashing its production rec ords During one day a couple O weeks ago il turned out 250 tons O copper, a record without equal in the history of the mines.
 The Electric drilling plant recently installed on the property of the Clifton Consolidated company, Is now worki n9 most successfully making about four feet to the shift in a tunnel 1xS feet. The rock is very hard, but breaks well.
 Pedro Michelena, one Of Solomon ville's best citizens, spent few day; in this section during the past week looking after his mining interest. For nearly the past year Mir. Michslena has had force Of men at work on his claims near Metcalf, which are show ing good ore.
 In this issue Of the ERA will be found the advertisement of the Pacific Union Mining and Smelling company ol Lord sburg, announcing its readiness to purchase ores. This will enable min- CTS of the Clifton -Morenci country to ofr iah n- stand transportation charges to Fl Paso or Silver City.
 From a careful estimate made by Mining Reporter Of the mineral output of Colorado for the year 1901, up to October 3lst, it appears that the out put has already passed the figures for the entire year 1900. It now seems probable that the output of metals for the current year will be about twenty per cent. greater that for last year, or about S60, 100000.
 Charles Hill, who is in charge of the mine. of the Markeen Copper com pany, visited Lordsburg Sunday last, to meet R. H. Bachelor, Of New York, who is largely interested in mining in the Shakespeare camp. Mr. Bachelor also has valuable group of claims above Metcalf, upon which he has done a considerable amount of de- velopment work. Mir. Bachelor i. largely interested in the new cOnccn- trating plant now being erected in rdsburg.
 A director of the United States Steel Corporation is quoted as saying: ''There is every reason to believe that our company will earn during the third quarter of its first year over S30,OOO, ,0OO net. This contrasts with S21 ,O00, ,0OO earned during each Of two previous quarters. We are now planning to in- crease our output during the first of next year. Extensive Improvements are being planned, and our forces are to be so concentrated that we shall accomplish the most with the least possible labor"
 Richard Hecksher, of London, one of the directors Of the Clifton Consoli- dated Copper company, and Morri. Fontain. the eminent French mining engineer and expert, who spent some weeks at the company's mines, and in looking over the country generally, left last week for their homes. This was Mir. Fontain's first visit to Ari- Zona, and he expressed himself as we'll pleased with the country, and its won derful developments. Mir. Hecksher returns we'll pleased with the develop ment now being made by the manage meut of the Consolidated company.
 Photographic information was re- ceived here yesterday from Bridge port, Connecticut, stating that the deal for the Stevens group and the Heating group of claims was closed, and that J |. x. Wardner was already on the way to Clifton, to take over the property. There are twenty odd claims in the two groups, some of which have con siderable development work, and much ore in sight. The company which takes over the property is composed of wealthy people, and sufficient amount Of money is already in hand for develop ment purposes, which will be rushed with all possible speed. This means another good strong company for Gift ton, and an electrical plant on the river. from which power will be cabled to the various mines of the camp to drive machinery and for lighting pur- poses. No further particulars of the deal can be given until after the arrival of Mir. Wardner, next week.
 The New York supreme court recent ly handed down a decision in the Shir- ley-Stein suit against w. c. Greene, of the Greene Consolidated Copper com pany, in favor of the plaintiffs for one fifteenth of the Greene Consolidated stock. This decision had the effect of NN, ,l . l,.a, hn sh of the company. A few months ago the stock was quoted in the neighbor- hood Of S60 Its present market value Is less than 80. The Greene Consoli- dated company has been pretty well through the courts of Arizona, Sonora and New York, and while the litigation has been quite expensive, it served the purpose of advertising the property, which created a market for the shares. Had it not been for these suits and the advertising resulting thereirom, it is doubtful if the shares would have gone above par until after the commence ment of dividends. The Cananea prop erty is the best advertised mines in the United States. What effect the last decision will have remains to be seen. One cannot help but admire w. c. Greene. He is not only liberal friend but also good fighter. He seems to prosper on law suits.
 The Lordsburg Liberal last week in- terviewed J. W. Hazen, treasurer of the Shannon Copper, and gives its readers the following information:
 The development in the Shannon mine keeps uncovering enough ore to