Arizona silver belt., 1903-11-19
THE BOSTON
 COPPER MARKET The Situation Hinges Largely
 on the Outcome of the Montana Trouble.
DEPRESSED BY U. s. STEEL
Cooper Range Continues the Leader ou the
 Boston Exchange, President BiselOw's Visit to the lake District Has Strength
 ened Confidence h Tamsraek and 0sceola
BosroN, MASS, Nov. l4, 1903.

BOSTON, MASS, NOV. l+, lbU".
 Boston market conditions during the past week have been sOrely diSap pointing to copper shareholders as a whole. The hoped.for settlement of the Montana copper warfare has not not materialized up to date, although orders to resume operations have been given. Mir. LawSOn'S predictions that the end was near at hand have failed of fulfillment, None the less, he has flooded the street with large amount of literature much of which has taken the shape of somewhat Sensational dispatches to the Miners union at Butte. The whole situation, for the time being, is hinging very largely upon the outcome of the Montana trouble. Whether settle meDt comes through a special session of the legislature or by q compromise, 1t is good opinion that no improve ment is to be looked for from a Specu- lative standpoint until something
  should be noted in this connection, however, that the best opiniOn-the opinion of men who have iu the past, Treasured market conditions accurate ly-iS that matters are rapidly reach ing settlement, even though the fact does not as yet appear upon the Surface. Certain 1t is that market sentiment toward the copper share Specialties has shown a marked im- prOvement within the last few days Amalgamated and Copper Range leading in this improvement, Ana there are those among the Conserva- live traders who believe that the market is booked, in the near future, for more activity and strength than 1t has shown in many months past.
 The trouble with the Boston market during the past week has been largely by reason Of the uncertainty and uneaSineSS caused by the severe slump in the steel shares. The apparent curtai lment of the steel industry has made Itself felt quite severely-more, however, in sympathetic way than in any real reaction or setback iu values and yet it has been Sutli ciently potent Co restrict trading and make traders extremely cautious,
 State street, in common with the Lake district, has been agreeably sur prised by reason of President Bige. low's recent visit Co the Lake proper ties. Since his return he has talked Very confidently to his friends con cerning the cundi itiOnSat the Tamarack and OsceOla mines, and has given them assurance that there Is no doubt but that both will soon be re estaO- lished upon diyidend-paying basis. He has expressed himself likewise, as thoroughly well pleased with the Prospects at the Ahmeek. Since his trip to the Lake much better feeling has developed toward both Tamarack and Osceoa stocks and the buying of Tamarack in particular, has, during the past few days, been of most Excellent character.
 Trading in Copper Range continues on very broad scale and to those whU watch the ticker closely 1t is clearly evident that the faith of the Insiders in the properties, ia, of any thlng, stronger than eveT The Assertions coming from certain quar- ters that the fluctuations that come to the stock from day to day are largely the result of "manIpu latiUn D are simply the expressions of an opp tnion by certain beariSh element. Whether there be manipulation or bot in connection with the movement of the stock it is fact that one can pot deny that the results being achieved at the properties, as shown by the returns reaching the Boston ofiice, are of the most satisfactory Character. The Paines are at present dplng no blowing of horns' about their property and are offering no adyice. They are, however, well Satisfied with the market statue of the stock and are content to let it take ttS own course independent of any Speculative tactics. The surplus Available for dividends has made a very material increase during the past month, particularly as the company has recently made considerable sales q copper as nigh as l3i aud II cents. \ Ahe prospects for dividend early in the new year are now extremely pright and one of these days, after the hontana copper warfare has been pulled and confidence is little more nrmly established, it will not be at all Nrprlslng to see this stock forge to the front in it's old time fashion and