Bisbee daily review., 1905-05-05
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 The above are about the boiled down" facts Of the Cananea Copper company at the present time. The rains of the past three months which l severly taxed and tied up the rail ways hindered the production Of cop per through delays to shipments of coal and coke and other necessary supplies, but these have been over | come now. and the production will from this time increase.
 Good and glad news have however been carried to those holding the shares of stock of the Cananea Con solidated Copper company, in the shape of another dividend known as Number Eleven and which is for for | ty cents per share, making a total ! paid out in dividends of the compa- ny in the aggregate of S2,466,40O, a very handsome showing for those who bought and "held on" The de mand for copper also continues good, and prices firm so that the continu- ance of the demand is anticipated to continue for a long period of time.
 The extent of the Massey ore body, which has already attained dimen- sions far exceeding those of any ore body in the mining world, is at this time unknown, the faces of all drifts
 running both north and south being
 still in ore of good grade, and how 1 much luther these continue, it is impossible to tell.
 In the main shafts of the Capote
 and Veta Grand, and upon the low est levels the ore bodies there are
 continually increasing in extent and f values. In the Puertocito end of the | property, large bodies of chalcopyritf
 ore carrying good values in gold ant silver have been encountered. Such have been the developments in tht properties of the company in these mines that the President considers , that it may be deemed advisable tt !, double the capacity of the reduction works at Cananea.
 , The electric engines for the tram } way of the Veta Grande No. g tunne ; are all installed and are operating il 1 the most satisfactory manner. Train } of cars are handled of from six t } ten cars of ore per trip averaging si, [ tons to the car By the introduction l of this electric tramming system, si
 men are enabled to handle the or
 which, with the previous system o !. hand tramming required one hun
 dred and thirty-four men, and tn
 cost of tramming has accordingl
 been reduced one half and more.
 Contracts have been let TOT In' 3 steel framework of the reverbator ] furnace and construction is unde
 way. The ore bedding plant whl ) completed will have a capacity fo
 bedding 30,0O0 tons of ore.
 The narrow guage road is bein
 doubld trackd as far as the Capot ore bins, and the last section of th new concentrating plant went int . operation on April 5th. With thes e improvements made and the rest ur
 derway completed, the company wi be in shape to handle 5000 tons C 3 ore daily, and for economy of Urea l ment, high extraction and durabilit this plant will more than compar
 favorably with any concentratin
 plant now in operation in the work Such is the brief but telling gist c r the nws of the Cananea Consolidate |. Copper company. and marks the COT
 stant progress being made in one c the greatest mining camps on tn r face of the earth
 l AUDITORS SUMMARY. h The following are the figures fc ] ~f.- he hA lot q ;. January for the Cananea Consolidate I Copper company:
 8 Current Assets .. .. =. $2,596,OO
 Current Liabilities Q. .. 1,272,OO f Undivided Prof after pay
 ment of dividends .. Q. .. 1,424,OO
 Increase in Investment ac-
 count oV1sVo
 Net profit for the six months
 ending January 31st .. .. 1.eSS,0O