The copper era., 1905-11-23

Shipments will soon commence
 from the New England claims.
 Calumet and Hecla has just de
 clared a quarterly dividend of S15
 per share, an increase of $5 over the
 previous quarter.
 The ERA is informed that the
 stock of the New England and Cliff
 ton company will soon be listed on
 the New York exchange.
 A. Lafave has sold a number of
 claims during the past few months,
 but he still has holdings on Placer
 gulch, upon which he is doing the as-
 sessment work.
 I. N. Stevens is now employing
 twenty men in doing assessment
 work on the Lezinsky claims and
 also on the property of the Chase
 Creek Copper company.
 Hon. Francis H. Wilson, president
 of the Gila Valley Copper company,
 and Murry w. Ferris, both of New
 York City, arrived at Stafford last
 week and went out to the company's mines at San Juan. They will spend some time at the mines.
 Dick Marshall is pushing develop ment work on his group of gold claims near the Rock house, and will soon again be shipping ore. He made a number of shipments from these claims during the past year which averaged S130 per ton, which leaves handsome profit. Several parties have been after these claims, but Dick thinks they are good enough to keep, and he will develop them him. self.
 J. E. Cosper, one of the most suc- cessful farmers on the Gila river, is spending few days in Clifton in- vestigating market conditions. He reports the past year as most favor able to farming and stock interests and he thinks next year will also be good as the ground is thoroughly sat urated with moisture. As prices for all farm produce are satisfactory, the farmers ought to be happy.
 The last shipment of second-class ore from the San Jose mine showed a marked increase in silver values. | Heretofore the ore averaged an ounce of silver to each per cent. of l copper, but the shipment of second class made last week went IS per | cent copper and 36 ounces silver A shipment of first class ore is now ready which will go above 40 per cent copper and probably 75 ounces in silver. Native silver can be seen in some of the ore.
 The Chase creek company is ex- banding it's territory, having recently purchased three additional claims from A. Lefave, which adjoin the original group, and also half in- crest in four claims from Walter Ooudna, which are located in the yulch above the Rock house, and llso adjoin the original group. The Chase creek company now controls --the heart of the belt of the Green1ec~ ~csz--:-+ and upon which development work is being pushed.
 The Cleveland, Ohio, people who last summer secured a working bond | on two gold claims near the Rock house, this week made their final payment on the property. Since se- curing a bond on the property they | a considerable amount | of development work, with satisfac- i tory results, else the final payment | would not have been made. In sink ing the shaft on the property about fifteen tons of ore were taken out that will soon be shipped and which will average about $18O per tor. Charley Allen, an experienced min- ng man, is in charge of the property.
 The most fattering reports con- -inue to arrive from the property of he Crawford Gold mining company, which is located about seven miles rom Metcalf. A strike was made ;ew weeks ago on the lower level which averages S1OO per ton in gold. The mine is already sufficiently de- 7eloped to justify the erection of plant, but the management will con- :inue development work for probably mother year before putting in a plant. Since the company has made uch a good showing considerable mining activity has sprung up in that ection and it is likely that some 'ther good mines will be found there bouts.
 Walkers weekly letter to the Bos- on Commercial is as follow: Copper s higher. Lake is now selling at IT ents, and electrolytic at 164 cents Ter pound for delivery in January nd February. Consumers are fnd- ng it difficult to discover any copper or sale for delivery at an earlier ate than January, and report says hat sales have been made at IT and T cents, immediate delivery. 'here is a marked scarcity of spot opper, and some consumers have