Bisbee daily review., 1907-10-13
LAS cHISPAS.

Fortunate holders CT the Las Snls' pas CMinas Pedrazzini) have been re ceiying their October (2d) dividends during the week and feel elated ac' cordingly. The company will pay its next dividend January 1st and in March will declare its special dividend which should be at least to 10 cents this is a conservative estimate as the company is clearing between thirty and forty thousand dollars per month and all improvements are charged to current expense account. MT. Daforeg, consulting mining engineer for MT. Pedrazzini. went to the mine Sunday, week ago. and we may look to have stoppage put to the prevalent ru- mors of high grading. Col. Kosterlitz- sky has appointed two of his most trusted men as watchmen at the mine and this ought to insure investors that high grading" will be absolutely stopped. Advices from San Francisco received today say that some of the most prominent holders of the stock Italian conferers of Mir. Pedrazzini are not satisfied with the way in which the market treats the stock, and In order to protect holders who nave bought in good faith will buy up every share there may be put on the market. If this advice is correct then We would say to holders, stay with your hold ings. "Pedrazzini" is a good property and with every other genuine gold property should advance materially in value.
 What the Cananea people cannot un- derstand is why Greene Cananea should be getting the constant hammering 1t is getting. when others of the Standard copper stocks, such as Amalgamated, North Butte. Butte Coalition, Old Dominion, are comparatively lifeless showing from day to day only changes of eights or quarters on their values; this hammering looks very strange when they know that the company IS producing more copper at less cost than was ever KnUTH TIs TTsIOT : Investors viii regret within a fe% months, that they were amongst the doubters, and they did not grasp the golden opportunity that was held out to them, to buy stock in one of the soundest copper mining companies Of Mexico or the United States.
 Fay-Cananea continues to meet with excellent results as development pro ceeds in the Sulphine the crosscut com ing into ore at 110 feet from the shaft on the first level, meaning that they are going to develop a large body Of ore in this property, as there is yet over GO feet to go to encounter the ore previously opened above in the prospect shafts.
 In the Azurite cross1uts were started in the ore to determine the width Of this body. For the past two weeks the drifts continued in ore for 70 feet with such gratifying results that the man agement were anxious to know the width of this body, as they are led to believe that with reasonable width to this ore that they have another win ner in the Azurite
 J, H. Mitchell and associates of this city are preparing to start work on their properties in the Magdalena dis trict: these properties are high grade silver with good copper values; they have foot vein highly decomposed, with an to 12 inch pay streak that runs high in silver. rom several tests made they are confident of the prop erty paying it's way from the grass roots.
 The same activity prevails st the Steeeh shaft, where crosscutting is be- ing started from the 200 level; it is ex- pected that within a few weeks that Steech will show as good results as has been obtained in the Suiphide and Azurite; the management has shown excellent work in directing their work, as is evident from the results already obtained.