Bisbee daily review., 1905-08-13
WEEK ON LOCAL MARKET
 CLOSES 4 TRIPLE OFF
NOTHING TO WORRY ABOUT HOWEVER, IN THE SiTUA-
 TON.
Warren Development Certificates Reach Local Stockhoiders-Present Prices of All the Stocks Considered Good to Buy in On.
(By Frank J. Graf.)

Bisbee proDerties shows some declin from the figures of the opening Mon day was what we term lively markel with all kinds of buying powers an no sellers. It kept up in this name until on Friday, when there was con siderable selling but buyers lacking which necessarily had a tendency t depress the market. For a while sell ing orders were all taken care of, bu they came too fast The decline 0 the week can not be attributed to an. particular cause, and we are al los to explain the same. but one thing VI know for certain is that the conditions of the properties has nothing to dC with it. The properties were never looking better than they are at the present moment, and prospects were never brighter.
 We can not expect a very healthy market during this time of the year but would take advantage of all stocks that are offered at bargains. That is what caused the rapid advance during the first part of the week. The gener- al public at once realized that the stocks were at bargain prices, and went after them.
 New that consolidation is out of the way, we see no reason why there should not be a good market this com ing fall, and from all indications there will be. especially when Copper people are talking 20-cent copper, and it looks as though the metal market VII make 1t. The Copper country never looked better. and more has been handled than for many years. The copper properties are paying handsome divi- dends, which they have not done be- fore, making much more in that part of the country.
 The demand for the stocks that are being traded comes from strong hands, that are buying for the big profit or for dividend returns Calumet & Pitts burg, after putting on the market 50,- 900 more shares had no particular tendency to bring down the stock, but rather helped to advance it to $27 per share. Were this adding or placing more stock done with some other companies, the price of the shares would have dropped 50 per cent. c. P, we must admit, has had a hard time of it, but we wish to say this, if C. & P. does not make a mine there is not a mine in the camp. It is a well known fact that there is ore in the Lowell property drifts in the C. 6 P., and they will without doubt find it in the new shaft on the Del Norte claim, which butts up to the Lowell shaft A few shares won't hurt you at all.
 L. s. & P. as well as F. & D., it is admitted by all, are mines. We un- derstand that there has been ship ments of ore made from the properties daily to the smelters at Douglas.
 Junction continues to be the favorite among a certain class of stockholders for several reasons: first as a specuIa- tion and second as an investment; thirdly, it is at present the cheapest stock on the board. Last week sales were made at $70, while at the middle of this week sales were made at sS5, making an advance of si5 in less than a weeks time. Many of our eastern brokers candidly come out and state that this stock will reach the $100 mark before reorganization. We think the same, but we are of the opinion that this stock will be selling for sS5 mining before the close of spring There will be a great scrambling for this stock shortly on account of the rights that the development stock car ries. Development Company stock carries three bonus and the privilege of buying two shares at ten, which will bring your mining stock to $20 per share.
 Of course the man who bought Junction at s55 gets his mining stock much cheaper. These figures show that Junction is the cheapest stock on the board of the five leading Bonanzas
 North Butte has also been an active one and closed strong tonight with sales at S35. Denn-Arizona has been holding at s100, and a few sales at that price were made. We look for better market in this stock the coming week. Our eastern brokers are now asking US for it.
 The certificates or the Warren Realty and Development have been is sued and reached many of it's stock holders here today.
 They are very neat in appearance, and have been planned after the style of the Greene Con-, where the number of shares are punched out on the mar gin of the certificate. Don't forget the fact that this stock has a future before it, and that you are buying a good stock if you take a few shares It has been predicted by many that this should reach the $25 mark before the 1st of February.
 The Warren as well as the American is holding firm at s13 and $12.50, with little or none offered at these prices.
 Manhattan and Chiricahua have been very inactive. We would advise those that are intending to purchase stock to be on the lookout and not wait too long as the time is near at hand when an upward tendency might seem at hand for the fall and winter. Re member that it was about this time last year that stock began to move