Bisbee daily review., 1905-12-10

the magnificent management and who succeeded Arthur Kidwel1, when that gentleman resigned the superintend- ency after a row with General Man. ager Leopold of Chicago, came back from Boston with the announcement that the Arcadian intended to resume operations, 1t was rather icily received locally. The stock did jump up a few points but it is having a hard time trying to establish any permanent lev ed of respectable size. Your crazy copper speculator wants to know where he gets off at if he buys the stock. Suppose this newwork does result in finding a great big copper mine that will show better than one per cent. what benefit is it to the shareholder? What assurance has he that the man who holds the mortgage isn't going to foreclose any old time? And, again, where is the cash to pay for the present work coming from? The Arcadian Copper company is the answer you get from the local man. agement. Yet the Arcadian Copper , company's treasury is, as far as the public reports and statements show, dead one.
 
 ination in it's treatment of the present attempts to create a boom for Area dian. The property has a rank odor which the years have not yet worn off You can do the public occasionally but the dose to be repeated must be fixed up in palatable form. The big Keweenaw deal, outlined in this correspondence last week shows very little change, as far as the pub | lie can find out. However, l am more than ever satisfied that the assertion made will eventually work out and that the end of the present week will see some announcement of an official source. There is a meeting on today in Chicago which ought to bring out something for the public Thomas F. , Cole and Thomas Collins were here last week but had nothing to state: Mr- Cole, evidently very much disap- pointed at the premature publicity giv- | en some of the facts and the conse- | quent boom in the Keweenaw Copper | stock, was out with statement early ! in the week saying that he didn't have any property interest in Keweenaw and maybe he wouldn't have That, however, seemed to have an entirely opposite effect in the market The deal in on. and as I said before. I AAu'C CNCAg ASdSOu LO DSlEbe IL VIII be consummaJed and that it will be startler when it is announced.
 The Lake is the name of the propo- sition which was recently financed by local people and which seems to meet with excellent favor. inasmuch as the stock doubled in value the day the re- ceipts were issued. This is another illustration of the shortsightedness of Boston financial people. They refused to handle the stock when first ap- preached on it. Then when it met with such local favor that the entire issue was taken Boston clamOrs for some of the good thing. They didn't get 1t. l believe that the Belt has most excellent chances. R. c. Pryor is going to look after the work person. ally. IL is financed by honest, and capable people and will be given square deal. The money will be spent intelligently in the prosecution of the work. Mir. Pryor has a local reputation for knowing good things in prospects which has been enhanced since the success of the Superior is practically assured by the action of the Calumet & Hecla. The name Lake may be a little confusing to people who might get it mixed with the term Lake cop per-" meaning the local product to distinguish it from Montana or Ari- Eona copper. But the Lake has the right people back of it and will make good.
 MR. J. ?. cASEYS PROPERTY. Adjoining the Guadalupe and on the same Assure, MT. J. p Casey has an extensive holding, at present his per scnal property. Lately a party of Pennsylvania people have become iu- terested and a corporation is in pro- cess of organization to take the prop erty over. Anticipating the granting of the charter and, as good evidence of their faith in the property MT. Casey was authorized to purchase a lo-stamp mill, and machinery and ma terials for 100 ton concentrator and cyanide plant. All this machinery was for immediate delivery and is now In transit. Upon the arrival of the construction materials they will be teamed to the mill site with all possi- Die speed, erected without delay and the plants put in operation to full ca pacity at once.
 s H
 Senator Ell1ins predicts that there will be some delay in the passage of railway rate bill but furnishes no clew to the identity of the person who has ''greased the tracks"
 
 The Sultan is said 10 have given up his contention about reforms. The