The copper era., 1902-01-23
MINES AND MINING.
METAL MARREI.

METAL MARREI.
Silver. ....5j. Copper, lake II
Mex. dollars IA Copper. cast. -.lOt
Mr.. Beauchamp and party OF min
ing men from Texas, after giving the
Greeulee district d careful lnvestlgd-
tion, returned home this week well
pleased. Il j. expected that they will
invest considerable money in mining
enterprises in this section.
The South Bisbee company OF Bisbee,
has closed down its mines. This prop
erty was taken under bond by the
Tar-is company OF Glasgow, Scotland
last wear for 81, 800. 600. but the com
pauy gave up the property before the
expiration o. the bond. The company
was working only thiTty-iye men IN its
mines.
Charles Hill, the mining man, is Wis
iting LOrdsburg this week, TO consult
Z. H. Bachelor, OF New York, who is
now looking over his Investments in
that section. Mr. Hill i the local
representative of the Markeen. Sterl-
ing and MOrenci mining companies,
and in all has tnirly-three claims to
look after, which keeps him pretty
busy.
Joseph Tanner, president OF the
Santa Rosa company, reports work on
the COmpany's property progressing as
steadily a. usual Notwithstanding The
slump in the copper market. Ga one
claim. upon which considerable work
+ i now being done. Mr.. Tanner reports
that he has a 3-fOot ledge, which
carries several streaks of rich glance
. H. ali.
mixed all through the ledge. He con-
siders the outlook for the company as
most favOra BILE.
The Copper Queen mining company
Of Bisbte last week made its old en-
plOyes present Of Il check each, which
In The aggregate amounted to about
s2j 900. In mentioning the event the
Review said: The recognition for
faithful service was not confined to men
holding responsible positions, although
they were by no means forgotten.
The old timers were all remembered,
and the list was long one. There is
10 mining camp in Arizona where the
mutual relations between employees
are 80 cordial Is in Bisbee.'
w. 4. Scott. who spent several days
here il The interest of the Mining and
Scientific Press OF San Francisco, left
Tuesday last for FL PaSo. Mr.. Scott
has been on the road for the Press for
five years, and is familiar with every
mining camp in the west. He thinks
Clifton the most interesting section of
the west. and says more substantial i'm
prOvements have been made here than
in any camp except Butte Mr.. Scott
thinks Arizona is the greatest mineral
iZed section of the United States, and
predicts that in a very few years it
will be in the lead as producer.
The copper situation has not i'm
proved during the past week, put
rather has shown Il steady decline until
the price for casting copper has reach
ed ten cents per pound. From this ii
would seem that the warning elements
have not as yet been able to reach an
agreement as to prices, aud it is posi-
BILE that they may not do so for months
to come. The price has now reached
APPOINT at which many companies can
not operate at Il profit except by working
only on their high grade ore reserves,
which have been saved for such con-
;iugencies. The immediate outlook
is not bright for copper mining i'll
general. So far there has been no
perceptib.e change in the Clifton
Morcnci district. The companies now
operating plants are able TO continue
operations at profit under present
prices and conditions. This district
will doubtless be less effected by the
drop than perhaps any other district
in Arizona, but still the effect must be
detrimental to the industries of the
camps in general.