Bisbee daily review., 1907-08-18
(From the Cananea Herald ]

. Ihere has been nothing recently or striking character in connection with new or old mine operations Tn he Cananea district. Everything Is go- ing ahead with vim and vigor and nc- complishment of all the success that could be asked within the bounds of reason. Things could not look better than they do at present from any view point that may be taken in the camp. If stock prices were as good as the outlook on the mines there would be no Greene Cananea in 'ire trading for half a dozen times its present price. Other operating and
 shipping companies, the Democrata,
 Phelps-Dodge Indiana Sonora and Can anea Bisbee are looking just as good prOpOrtionately as are the mines Of
 the Greene, and with it are selling in the market, with exception of Can anea Bisbee. which has no stock out, for less by far than their actual value in ore shown up. h every quarter ] the camp is making good.
 Announcement is made by the
 Greene Gold Silver company that the final installment of 25 per cent or S2 | a share, the balance of the subscrip- ! tion to the last offer of preferred
 stock. which was due on July 1. has been paid. In April the company of. feTed 100000 preferred shares at $S which followed closely upon a similar one in February at S1.50. As the | first 100000 share lot was undeTwrit. | ten, the entire issue was disposed of while there remains but a portion of
 the second allotment not subscribed ] for.
 George H. Adams, a well known
 mining man of Aguascalientes, arriY'
 ed in the city Thursday and will spend
 several days here with reference tC 1 properties which have been brought i to his attention in the South country l MT Adams states that the new Ameri can Smelling and Refining company l plant. located in AguasCalientes city is the largest custom smelter in the world beating the record held by ii, Fl PaSO shelter. IL is handling more than G0.0CO tons of ore monthly. or { total of over 72O,OUO tons a yC1" Eight copper and two lead furnaces and, four copper cOnverteTs aIp in op eTatiOn at Aguascalientes, and the ca pacity of the plant will be further in creased as the mining industry ,H cen
 tral western and southern Mexico tie velOps. The profits of the AuSas ca lientes smeIter will run into jhs nIl
 lions of dollars.
 The South Cananea received t~C more cars of machinery last week. in cluding boilers and couple of hUists , The latter are to go on the new shaf to be sunk on the Last Chance du
 uouncsment of the company and c. the No. shaft. Sinking with both Q these shafts is to be pushed with al possible speed. Tn the drifCs iron
 the 300 level of the Collins shaft sorl is being continued with fayora0ln r. ; suits while sinking to the 500 leye
 has also been taken uD and will '
 crowded as rapidly as possible in con formity with the policy nf nigh ae'iN ity on all sides which h be II
 adopted.
 A carload Of machinery f0. n" Or tega was among freight arrivals 0 , last week. Boilers and stacks mad
 up the larger part. of the consisameIt
 The company has lately required cor . siderable new machinery Tn the col
 duct of the increased deyelop'nen
 that is being done upon its property The latter is now looking eX :eedilgt . well particularly on the other side C t the mountain in the country about th Native shaft and the MOrira den0HAIt 7 ment.
 Owing to the amount of worI, beir done by the Calumet and Sonora (
 | its Buena Vista, Catalina and Ctne ! properties occupying all the time ( 2 Superintendent Forbes McRea, [
 Sands, formerly of the Greene 'TJHsC
 idated prospecting corps, has been al