Bisbee daily review., 1906-03-18
tBy Frank J. Graf.)


 The market for the past week has been one of many changes and uneasi- ness from the very start. There has been much inquiry as to whether the market has already started to decline for the summer months, when in fact, if should have been the contrary.
 There is no use to try and deny facts that are almost staring one in the face. but we can not but tninK that the snap that should be prevail ing in the market has passed, and We can not expect to see any activity for some time to come. This may not sound just right to many, but we nevertheless are of that opinion. N takes time, and a great dealy or mon ey to develop mining properties, and we can not expect to see Bfsbee prop critics spring up into mines on short notice. On the other hand, there are also unforeseen obstacles that make their appearance when every thing seems bright which makes a wonderful change in the entire plans of operation.
 Since the 18th of December there has also been much to depress the Bisbee market. New flotatlons, tnal are always being brought up. nave caused much liquidations or the BIS bee. coppers, and it might be added to the regret of many. The Butte coalition. as well as the Red Medals Co has taken alone over s2,600.000. This is but one of the propositions that has call on the attention of the public. Butte alone has floated over a dozen properties with the last three months. while the Nevada country IS being overrun with them. Taking all this into consideration, 1t is evi- dent that our Bisbee market is hold ing up remarkably we'll On the otn- CT hand. the general public want to see Bisbee bring out more results. This will be accomplished in time. but those who are wise have unload ed their holdings at higher prices, and are keeping away from the mar ket and let 1t take it's course, which, without buying power in the market, will have to sell off lower. . We expectsto see great doings in the Bisbee coppers this coming year, and we would advise many that are out of the market at present to watch it with care, and to those that do not care to sell at all, and are holding for better prices, we advise them to increase their holdings, for there are bound to be results at the different properties in course of time.
 The entire market has felt the de cline and can not be attributed tc tny particular stock, for they all alike have suffered.
 The Calumet & Arizona has declin ed from it's high point in December from SPA to SIP. Much Of this has been, caused by the selfishness Of s few. brokerage houses who nave trlec 10 bpld up the listing of the stock oI the Boston Exchange, which caused a few weak ones to unload their hold ings. Calumet & Arizona will, how ever. pay her regular dividend ana increase her surplus just the same and it matters not to the investor they ever list the stock on the ex change, for they are very well satis fled with present conditions.
 At the Calumet & Pittsburg We vii have to confess that there has beel a little disappointment to some, bu not to those that know the condition of the property. Many thought tha the sinking of the Hoatson shaf would avoid striking any large bod of water, and they would be able | get down to the HOO without diffcu ty. This, in a measure, affects tn property, but as we have advised yo before. the Calumet & Pittsburg vii in time make one of the largest proI critics of the Bonanza Circle, but will take time.
 IfL. s. & F. Is not a cheap stoc at the present prices we fall to kno' what good buy would be, althoug we would not be at all surprised t see it sell much lower.
 L. s. & P is shipping in the neigf borhood of POO to 250 tons of ore pc month and making about 900 to 3l tons of refined copper, which woul net the company in the neighborhoo of about 95.00o per month clea This would net them for the yea somewhere near the million dolls mark. Two years of this sort of run would soon put the stock on tn $se basis, judging from the actior of C. & A..
 Pittsourg S Duluth has been wit out doubt the best speculative stoC on the entire board, it being a stoS that fluctuates 8 great deal Mar bought up at S15, and have alreaC sold out at S34 and some at $3o. al up to the 3Os several times. The sellers are now awaiting their oppt tmtty to buy.
 At s2s Junction is the best sto' en the board, according to our VI of thinking. Two months time
 yhss property will make all the diff' eaee in the value of this stock. D as many have stated, the market
 net in shape for boom, especially
 the present time. and many are ho ing of to buy up at $20.
 6utside of the Bonanza Csr' stocks the Denn has been the flaw
 ite Of Bisbee. and there are but ve