Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1907-12-26
Mining, Shelters s. Stock Quotations

very tremendously. They have agreed
to observe vertical lines in the min
ing, too altogether losing sight of
the apex law in force in the State of
Montana, and which has caused mil
lions OF dollars loss to mines In 1iti-
cation. That's a very friendly spirit,
and one the shareholders of both con
Germs may feel well pleased with II
is good the feeling on tAe part Ok
these interests Is so pleasant. There's
money In II for the stockholders.
The same rule has been applied 10
Coalition, too. Butte Coalition is
closely allied to Amalgamated prob
ably. II is fine property and Anal
gamated does not seem to be hurting
It.
We refer 10 these things to show
that there is disposition on the part
of Amalgamated to do the right thing.
IL II wanted NORTH Butte il would
surely pay fair price for IL. because
the property 10 an exceptionally fine
one. AnlalgaIhated knows the true
worth of North Butte. Its agents have
been underground frequently and
know all about it. They have praised
1t literally. and their Butte repre-
sentatives have purchased Its shares
in the open market at better than SIS
per share, as we personally know.
There is no war between AmalgaTn-
sted. North Butte and Coalition com
panies. There is no attempt at con-
fiscation of interests on tae part or
Amalgamated. Iron Ore is not afraid
of the Amalgamated people. We
know it has been accused of many
crimes of which il is guiltless, has
been the subject of onslaught from
the pens OF sensational writer's seeh
ing notoriety at the expense OF their
betters. Anlalgamated has done
much for the town of Butte, 1t has
the greatest copper mines in the
world. and IL seems to be operating
them in a sensible way. II has paid
good wages, has been more or less
unfairly treated by labor, has paid
its way and developed great iuuuss-
try. 1t is progressive and Is admir-
ably managed.
North Butte is selling today at
ridiculously low prices. 1t has sold
in the market on par with Amel-
gamated for many months to within
the past few weeks. 1t is a grand
mine, better than most people know,
and it is developing steadily, showing
rich ore throughout all its levels
ores rich in copper and in gold and
silver as well. 1t is a permanent
mine, reliable one, and it can make
its pound of copper far below the cost
of the average of the mines OF the
country.
These bear rumors are being sent
out by fellows who desire to get the
stock cheap, or who have sold the
shares short and desire to realize on
their gamble. We trust none OF uur
readers viii be influenced by these
chaps to sell their shares at prices
now quoted because there Is no fear
that Amalgamated is TO raid North
Butte. II has no disposition to do so.
1t is working in friendly way with
its North Butte and Butte Coalition
neighbors, and in the interest of the
entire Butte camp.
Butte win be into full swing again
in good time. Copper is still going
to be used, remember. The metal is
still as good as ever Tor all the tnoa-
sands of uses to which it has been
put. The foundation OF the country
IS right. Copper will be profitable
industry. 1t has stood the financial
troubles of the past in bs5tsr shape
than any of the baser metals.
And we can assure you tha1 there
are few better copper mines than
North Butte. We can also say tna' IL
is not going to be given away. even
K this is the Christmas season.-Iron
Ore.