Bisbee daily review., 1905-04-23
CRAPS WEEKLY
 RESUME OF THE
 LOCAL CONDITIONS
PROPERTIES IN BETTER CoN0l TON THAN EVER
 BEFORE.
Dividend Paying Period Approaching for P. & D. and L. s. 6 P.-visitors Speak in Fiattering Terms Regard ing Manhattan.
lBv Frank Gratl

The Bonanza Circle properties. about which so much has been writ ten. are in better condition today than at any time in the previous history We make this statement without fear of contradiction. A glance at the stock board for the past week would not seem to justify this statement, but nevertheless such is the local cOndi. ton at the close of the present week.
 Up to the present writing the pro duction of copper from the Bonanza Circle group has been confined to the c. & 4. Within the approaching few weeks to this list will be added l.. $. 6S P. and P. 6 D. to a certainty. The work at the mines. outside of the C. & A., is with this object in view, and from the first day ore shipments are started from these two additional Bo- nanza properties to the smelters at Douglas. these stocks will surely com mand a better price. With the L. s. & P. and the P. & D. it has been a case of continual payment. with no source of revenue. The value of the stock has had a more or less speculative value, but with the next few months these stocks, as well as c. S A., may be put down in the regular dividend paying class, and take rank as a legit. innate conservative investment with dividends assured
 Junction is better buy than ever before. The expensive pumping equipment is in place. and the shaft is going down into the neighborhood where the ore body Of large and permanent nature may be expected.
 Bonanza stocks have been a desul- tory business for some time. The con dition of the east has not been favora- ble for sharp trading, and the taking of six million dollars from the Bonan- "a market and the placing of this amount i'll the Montana North Butte proposition has in a great measure been responsible for the reaction.
 Then again there was 6 slump all along the line in coppers on the New York and Boston markets at the close of the week. Greene Copper went from scs.25 to s27.50. and other stocks were affected in proportion. Lawson is, to some extert, responsible for the slump, but in the case of Greene stock local investors recognize this good buy, and are accordingly getting it in good blocks.
 For the advice of the t.nid ones. we would advise purchase of P. & h. Hhe natural conditions al the proper ty warrant an early advance in the price Of this stock, and during May. at the latest, P. & D. should be selling above the $25 mark.
 In the meantime L. s. & P. should not be neglected, for it and F. & D. go hand in hand together. Arrange ments are about completed at the Cole shaft for handling the ore from the P. & p. mine when shipments begin to the shelter, which will be the most economical arrangement for both prop critics. P. & D. sulphides are neces- sary for L. s. & P. oxides. One IS necessary to the other frem an eco nomical standpoint, and while the hoisting expenses will necessarily be borne by the L. s. & F.. the mutual advancement is considered entirely satisfactory.
 Experts have long ago agreed that L. s. & P. is destined to be one of the richest producers of the entire Bonan ga Circle. Tn area and ore already tn covered by development work, l.. S- S r. can not ;is; ;;isip but but 's;o as attractive proposition.
 We hear but very little for the ias' few weeks regarding the Black Noun tain property. and very little trading is being done. Mir. Wallace H. Hop lxins. of Ishpeming. of the firm of w H. Hopkins Co., brokers, with a party of Milwaukee capitalists. are visiting the city. They have just retur1ed from the Black Mountain and speak 1T ;he highest terms of it, and assure me that this property will pay handsome dividend in the very near future.
 During the past week Calumet X Arizona has been holding around S10' and sIoe. Calumet & Pittsburg has shown considerable decline. and clos ed at s33. Lake Superior & Pitts burg has net shown any strength. sale' being made at s49. Pittsburg & Du luth is the strongest on the list, witt SIPS bid, and sales made at S2l-5O Junction closed little stronger at tht close today than it has for any day o the week. North Butte had advanced to s23 bid, making an advance of two points over yesterday.