Bisbee daily review., 1906-02-04
GREENE COMP ANY
 STATEMENT
Detailed Account of the Biz Producer for
 Five Months
TC the Stockholders of the Greene Consolidated Copper Company

1 Consolidated Copper Company The production of copper susfio1I from mines of your Company at Can aLe ca, Mexico, for the five months end 1 ing December 31. 1905. was 26, ,596,93l
 pounds, containing 195, ,S9O.06 ozs-- uG silver and 1866, ,941 OZs. of gold l During the five months the Company sold.
 In August, 5.214.2OO pounds at 15.5gs cents
 In September 3,O50,O00 pounds at. 1G.533 cents.
 In October. 3,S91 500 pounds al 16.56S. cents.
 In November, 1O,54O,OOO pounds ali. I1G.771 cents.
 In December, 2,19S,oOO pounds at. 1S.113 cents.
 Making a total, inclusive of gold and silver, Of s4,274 .2S3.T4. During this period of five months. ending December 31. 1905, dividends 1 Nos. 13, II and 15, of S345,600 each aggregating s1,036.S00. were paid, in. addition to which there was expended for new construction s40l ,S32.29, while the amount of bills and accounts paya- ble was reduced s1S7,59G11. and the balance due us as equity on copper sold increased s49S, ,09069. Our copper production is sold up to | about January 12, 1906, and there is every indication that 1Sc per pound | for copper will be obtained for Ion. tune to come.
 Work has progressed as rapidly as was consistent with economy on the | iore-bedding plant which should be com | pleted by March 1st.
 All of the material for the first of the reverberatory furnaces being in | stalled is on the ground, and this fur mace should be ready 70 blow in about March 20th. It is intended to imme- | diately follow with a second furnace | of the same capacity of 500 tons pss- i day for treating fines, Hue dust ant concentrates. These Feverberatory | furnaces will be the second largest iir
 the world, bipg only exceeded in s,zs ! by thosa Uf the AnaIganated Copper
 Company at Butte. Montana.
 Owing to the great increase in suI+
 rhur in our ores, fines for these fur1l-
 aces must be roasted, and they will
 then effect a very large saving nf | pany increased production.
 The four sections of the eoncentra- 1 tor is now in operation, and the install
 Iation of the seventy-two extra yanners | is well under way. This increaselt sanner capacity will enable us to maks
 a higher extraction of copper with bPe- slightly increased cost.
 An additional water supply is needed
 at the concentrators to obtain the besf
 results, the Ojo de Agllss rslmp hne be- ing taxed to more than its normal ca-
 pacity, although supplying 20 Der cent
 more water than the plant was orisln-
 ally designed for. This additiGna !
 supply can be readily obtained from
 the Sonora River by duplicating tas
 present pump line
 Development at all the mines mas
 been very satisfactory, and continued
 large bodies of aood coneentrating ores
 are being opened.
 During the month of December, Gt.H-
 eraf Manager Dwigh; and SapI Harry
 Kirk visited the Superior Iron ana copper district with the object of h.
 vestigating the latest practice in uTan
 ing large bodies of ore by steam ssor-
 els and the caving system. Their ols- l servations convinced them that in the
 enormous ore bodies Of the Massey. Oversight and Veta Grande. al a con paratiVely low ccst for the installation
 of electric Jramming in addition ta
 what we already have, Q reductioa nj
 the cost of mining from Sl.a0 10 sl-5S per ton could be made. As we arc ar1s
 handling Q tonnage Of over 3,00o tons per day, the very great swing in euss
 is apparent. Preparation fs HOW be-
 ing made for handling SyC E5OaEs of : ore by the cavirg sysielh. Owing 70 the extremely heavy aIId
 Iong-continued rain and snow pTega- | lent during November and Deceube-, a crush occurred in ,he Gag0te ase= kcdy about November 18th causing | ignition of the pyrite ore IT this i1inC- | All drifts were immediately bdlkhes6- ed, shutting off the gases from ottlsT oL enings. and the fire wiJl be alIogcSf to burn until the sulphur ore is er- haustei Similar cruskes have since occurred in the Massey and Oversight ore bodies hy which the drifts opening up these bodies of ore were iemporart- ly closed. These dr-fts i-e being ne opened as rapidly e poss-b;s. The sd- l vantage of our large advance develop ment work was here apparent. for, DoS- withstanding ;be fact that the largest l stopes h our three pyiDe. pal ore bod ies were put ou, of commission, OUT production has shown bat slight d. crease
 The Cobre GEaade aR,. Pnerteeitu- mines at the northwest and sonthexsS extremities of our properly, yespective-