The copper era., 1906-03-22

son, one OF the mines owned by the
Stevens Copper company.
A. Lafave, one of the best known
miners and prospectors of this sec
ton returned last week from Globe,
where he has some valuable hold ings.
Colonel Greene has purchased the
Federal smelter at Ell Paso, which
will be remodeled and greatly i'm
proved. 1t is probable that the new
plant will be on the market for Gus
tom ores.
The Detroit Copper company, hav-
ing recently connected their mines
cable from their power plant at Mo-
reuci are now installing their cleo
trical equipment at their mines, and
will soon have them in operation
which will be a great saving to the
company.
Work is progressing rapidly on the
new concentrating plant of the Ari-
IONA Copper company at Morenci,
but it will be some months yet before
it will be in commission. 1t will
have all the modern conveniences for
handling and concentrating. Its
capacity will be about seven hundred
tons daily.
Officials of the reorganized Polaris
company are expected to arrive from
the east about the first of next
month, when work will be resumed on
the properties with an abundance of
money to carry out the original plans
Of development. The company have
a magnificent property, but for some
time past they have been in finan-
cial straits, but happily this has now
passed, and they will soon take their
place along with the other new COM
panies in the rapid development of
the district.
The ERA is informed that develop
ment work will soon be commenced
in the coal fields near Morenci by a
syndicate of local people. These
coal fields were discovered about
three years ago by John Molder, and
at that time created a considerable
amount of excitement. No work of
Importance has been done in the field
for the past two years, and it is yet
question whether or not coal exists
there in paying quantities. A suffi-
cient amount of work was done at
the time of the discovery to demon
strate that coal, and good coal, could
be found there.
GEORGE WALKER, one of the best
informed men on copper in the
United States, now states that 20
cent copper is not unlikely before
the close of the year. Walker fore
told the recent rise in the price of
the red metal with great accuracy,
and his predictions for the future
are therefore entitled to serious con-
sideration. This is evidently the age
of electricity, which Is creating a
tremendous demand for copper.
Coppers are growing stronger every
day with the investing public, and
there seems no limit to the amount
of money that can be raised for
legitimate copper mining enterprise.
During the past few weeks the
lower workings of the Standard
mines have reached the sulphide
zone, and sulphide ores are now be-
ing mixed with other ores and ship
ped to the smelters. Like all other
ores of the Standard mines it is of a
high grade, the first class running
from Is to 25 per cent. and the sec
ond class probably from to 10. The
sulphides have been encountered in
two places in the mines but the work
done has not as yet been sufficient to
determine as to their extent. The
important thing, however, is the fact
that sulphides have been struck. AS
whole the Standard mines are look
ing well and also doing well.
1t was ANNOUNCED several months
ago that the michigan Crowd"
who are better known in this section
as the ''Bonanza Circle People" had
entered the Globe mining district.
For some months this was denied,
and then again reiterated. The re-
cent arrival at Globe of Mr.. Cole,
who is TODAY the leading copper man