davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review., 1907-03-10
COPPER REACHES 26C CENTS l WITH NJ GROWING SURPL Us
Copper Stocks Stood the Test Recent Reaconay Market Better Than Any Other Group of Stocks-Copper Mines of United States Canada and Mexico Believed to Have Earned s1so,0ooo0o Net Profits During 1906.

promising of the prospects. I person. ally favor the purchase of Cooper Range. Old Dominion. Amalgamated, Boston Consolidated Butte Coalition Greene, Granby. Arizona Commercial, shannon, Michigan, Balaklala. Utah Apex, Boston Corbin and Boston Elv
 Amelgamated's weakness is partly accounted for by vote of the miners union to make the wages of the camp s4 per day. an increase of 25 cents over the rate paid at present There is reason for the belief however, that all differences will be settled without a strike or other interruption to op- erations.
 Copper Range has declared a regu- lar quarterly dividend of 1-2 per cent and 1-2 per cent extra, or s2 per share.
 Calumet & Hecla' has secured. through the purchase of stock and proxies from minority holders. con- tral of the Osceola Mining company It also owns a controlling interest in the Centennial Copper Mining com pany and has little less than control of the Allouez Mining company As Calumet & Hecla officials are in per feet accord with President Fay, of the Allouez. as to the management. etc. it may be said that Calumet 6 Hecla will be the directing force in all three of these companies as we'll as in the La Salle and Superior com panies hencesorth.
 The Calumet & Hecla's policy is to go ir-Io an honest and decent psrtner- ship with the minority stockholders In the several companies named. It will make no effort to crowd any one cut. or force an exchange of stocks by withholding dividends. or in ac,- way annoy it's smaller partners. 4 very large number of Osceola stoc'y- holaers will give the Calumet & HecIa company their proxies for use at tn, forthcoming annual meeting. The Calumet & Hecla management has tl.. fullest and most absolute confidence or the public. and it is a safe pradsC- ton that it's future acts will tenu ,., strengthen it's position in this respect.
 The Calumet now owns the greater portion of both the Kearsage and Os-- ceola amygdaloid lodes from the An meek on the north to the Rhode Island on the south, distance of seven or eight miles. About 160 acres of pro- ductive ground on the Kearsage lode in the Wolverine mine. and the lands
 tContinued on Page Eleven.I |
Bisbee daily review., 1907-03-10

Copper is again firmer and showing a tendency to advance. Sales of lake for immediate shipment has been
 made within few days at 26 cenCs For advance delivery. the asking price is 20 If cents to 25 S-4 cents per pound for lake and electroytic. The character of the recent buying proves that construction still exceeds produc- tion. Most of the buying now is for June delivery. but sales for July and August account are said to have been made. Advices from London state that traders there are heavily short of ''G. NJ. B." copper, and that they are being called upon to make delivery. As result of this the foreign specula- tive market Is much stronger.
 The Copper Share Market.
 With the exception Of Amalgamated and one or two other stocks, cop peTs stood the test of the recent re- sctionary market conditions better than any other group of stocks. rne reason for this is to be found in an analysis of fundamental conditions. No other industry is reaping equally large profits. and no other companies are in an equally good poslUIon to take care of their financial require ments and increase their dividend dis buI3ements. Thc copDec mines of the United States. Mexico and Canada are oeltayed to have earned 1906, and it Is probable that dividends did not greatly exceed one-half of this amount. This years profits should reach S150,- oO0,000 and as treasury reserves al ready exceed normal requirements. 1t is to be expected that considerably more than S100,000,000 will be dis bursed in dividends to copper share holders. or approximately twice as much money as was paid in dividends last year.
 Some copper stocks have been over booCad. and profit taking on invest rent holdings has resulted in the ac- emulation of considerable amounts of ether stocks in speculative accounts. 1t is, therefore. to be expected that from now On the market will be more irregular. with weakness in the two classes of stocks referred to. Ii is thought by many that copper will have a considerable boorl during the spring months. If this belief is correct, the market will yield the largest profits to those whS. have their money in the stocks which represent copper mines of demonstrated value and the more
Bisbee daily review., 1907-03-10
VERDE GRANDE COPPER
 co. PUSHING DEVELOPMENT

JEROME, Ariz., March 9.-The financing Of the Verde Grande Copper Company, whose property adjoins the United Verde claims for distance of several thousand feet, has now reach ed well advanced stage, and with an ample supply or funds for all present needs the management is carrying for ward development operations rapidly and on an extensive scale. A fuil equipment and supply of machinery is to be installed on the property at an early date, while the sinking of the main shaft is being pushed vigorously both day and night.
Bisbee daily review., 1907-03-10

next month As the buildings ready the old machine to accommodate additional engines and blowers required No 10 conners blower has just been in position and has been  the factory both these blowers will be inside the original is be down and the machinery in will be for three large furnaces line from the furnaces The of the converter stands which stand line with the furnaces the
  reduction facilities have surprising bodies during the last additional 
  During the past week the Twin Bntes Mining company operating
  its capital stock g ooo adding s75ooOo to the former cap
  the of the operation of the which has been
 
 railroad from Tucson the mines last July The output of the Twin Batte
  pyng reduction the win be under At the head
  almost constantly be v ff -
Bisbee daily review., 1907-03-10
KANSAS LEAD AND ZINC
 PRODUCERS SATISFIED,

EATER SPRINGS, Kan. March e. The lead and zinc producers of this district are deriving much satisfaction from the policy now pursued by the smelting companies in paying the reg ular price per ton for zinc ore con taining as much as ' per cent iron. Such ore was formerly penalized for its iron contents. The European smelters have for some time made q practice of deducting nothing for iron contents running as high as per cent, and the adoption of a similsr polIcy by domestic smelters would appear en- tirely unreasonable in yIsw of the inn proved methods Of smelling now in vogue. by which the iron values are largely saved and turned to account. Last weeks shipments oe zinc ore from certain portions cf this district were the largest in tLe history of the camp.
Bisbee daily review., 1907-03-10
PLANS FOR eREENE-cAN- AREA 5ErrERMENT

CANANEA, Son.. Mex, March g. Plans for betterment on very exten- sive scale for the Greene-Cananea property are now practically ready to be put into execution by the newly re organized company. Great activity in the copper mining centers of this state is much in evidence; mining ex. perts and investors are Hooking into the district by the train-loads; and the development of new and promising copper properties is almost the sole topic Of conversation in parlor cars and hotel Hobbies. In the vicinity of Hermosillo the investment of large amounts of capital is now showing splendid results, and such richly min eralized properties as the Mine Mexi- cana, the Lluvia de Cobre and the we'll known Wright mines are now com polling general and genuine enthus- iasm among local stockholders and visiting experts. The outlook for So nora copper interests was certainly never brighter than at present
Bisbee daily review., 1907-03-10
MINING EXHIBIT IN N. Y.
 CITY TO BE INTERESTING

NEW YORK. City. March s.-The mining exhibition to be held in the Grand Central Palace in this city is likely to attract very wide attention among mining men and investors in all parts of the country, besides pos sessing peculiar value of its own from a scientific standpoint. The exhibi- tion Is to continue about two weeks,
 beginning April 18th. Special feat. ures will include stamp mill in op- eration, showing the cyanide process of gold extraction; besides large pan oramic scenes from the mining camps, realistic representatives of ac- tual operations in the best known min ing centers. The exhibition is plan ned on large scale, and allotments of floor space are rapidly being taken
 up.
Bisbee daily review., 1907-03-10
BLACK ROCK DISTRICT IS VERY PROMISING That Is Opinion of Mining Man of That Section of
 Yavapai

It would pay anyone looking fer investments in copper and gold proDo- 5itions to visit the Black Rock district and take observations" said s. Wren of Constellation. to the Prescott Jour nalMiner. Inside of month we will have one of the greatest gold proper ties in the entire Territory produc. ing the yellow metal. I mean the Big OBrien mine. upon the mill of which the finishing touches are now being made. This mill and cyanide plant has a large capacity and the mine is reDuted by engineers to have the largest body of gold bearing ore blocked out in 1t of any mine ia north ern Arizona
 Work is also being pushed on the properties of the Hale Mining and Milling company" he continued. 'and l am in possession of reliable luf3rma- ton to the effect that development of the Keystone mines will De resumea at an early date. George W. MC1gan is making regular ss.pipents uf cop Der ore from his nsInes to the Hum boldt shelter and also George Mar garetic. who recently uncovered good body of high grade copper ore in his Blue Lead clam.
 James Mahoney recently made sale of two claims near Wickenburg, and the new owners are making prep arations to start development there. Great progress is being made in the opening of the King Solomon group and Joe Carmichael. who has charge of the Black Rock Mining company properties. will soon have one of the best camps in the district"
 Mir. Wren. who is here purchasing supplies. was recently placed in charge of the Homestake mines. in his district. upon which development work will be commenced at once up- der his direction He is also a stock holder in the Arizona Copper Belt company. which will. in a short time. commence operations on large scale. He will leave for home today and heein selecting a working crew for the HomeStake mine
Bisbee daily review., 1907-03-10
LEAD AND ZINC AN ITEM
 IN coLoRADo'S PRODUCTION

BRECKENRIDGE, Colo, March 9.-Al- though Colorado has been known chief ly as a gold and silver producer, it is now generally recognized that the lead and zinc output will cut TO small fig ure in the states record of mineral production from this time onward The heavy mineralization of Summit county with these metals is now at tFacting wide attention in view of the large shipments now going forward to the smelters even from the most re eentIy developed lead and zinc proper ties. As an instance, the Wellington mine is now shipping 75 tons daily, the ores carrying in some cases as high as 46 per cent of zinc. Such ores are by no means unusual in this district. and are proving exceedingly profta- ble to operators. n
Bisbee daily review., 1907-03-10

got on for all they could carry. The capitalization of the new company. S1,Oeo,O9O, is exceedingly low. consla- erlng the known value of the property held and the fast that t.rere is. &C., cording to the estimates of engineers at least $5,00G,000 worth of ore in sight. The par value of shares IS sI. az low as which. however. they are not likely to sell during the life of tae mine. MT. Pedracinni is at the nea6 of the company as president. with headduarters in San Francisco. In the allotment of stock he placed 100000 shares for friends in Mexico and 100,- 900 shares for friends in the United States and elsewhere. He retains for himself a four-fiftls interest in the company. Of the latter it can prob ably be said that no other in recert years has been capitalized for so lit tie where so much of demonstrated value has been had.
 Iateresting exDeriments are being car ed on at the concentrator to test the value of new lead top rifle table an of the Deister table. The lead top tai is larger than a Wilfley and su-
 
 Dc ter table claims among advant- ages economy in room occupied and in water reGniTed. it being asserted th"' it will operate successfully with one-fifth the water used by other ta- bles. The tests being made of the tables here will determine whether they can be adopted for lccal ussee % sufficient advantage to warrant in stallation.
 R. c. Clancy is expected to return to the city from Michigan and Du- luth during next week. Mir. Clancy is reported to have sold. 90,000 shares of Gro Maxine stock during this trip. in Duluth. sales said to have been made al s10 per share. s naid in. The money acquired will ,en- able the immediate erection of the stamp mill needed for the Gro Maximo and tSe Picacho. from operating which it is estimated returns of SS0.000 per month can be secured from the start
 J. F. Thompson. of Cananea-Bisbee. came in Monday from brief business visit at Bisbee. Mr Thompson will probably remain here about two weeks more. then leaving for New York.
Bisbee daily review., 1907-03-10
AT cANANEA.


 The following notes Of interest are taken from the Cananea Herald:
 J. Mosely and c. F. Wurman are kere from Ida1o Falls. Idaho. in con- necticn with mining interests recently acquired in the Arizne district. They are also interested in the Golondrina Go. recently organized by Eastman & Bostick On property adiacent to that of the Chispas mine. While here they have seen much in the way of develop nent leading them to consider tre dis trict all and more than ever ciaimeu for it on the outside.
 At the Calumet Sonora work has teen commenced on a wagon road to the Underhill shaft from the main Cananea road. a distance of about three-quarters of a mile. The Under 1ill is now down 65 feet The bottom of the shaft is in native copper and looks highly encouraging. Strineers of good ore which have been showing in the shaft since it reached 32 feet have been steadily growing stronger and now indicate near approach to d permanent body of ore. A hoist for the Underhill Is on the way to the property and will be put In commfs- sion at the earliest possible date. At the main shaft of tse company they are down 190 feet. Drifting is being done from the 175 and the 100 levers These drifts are in ore from the shaft. That from the lower level is in 60 feet and has the very excellent showing cf an 3 inch vein averaging : per cent copper all the way. vita innprovemsnt in eaality occurring as greater dsSth Is gained under the surface. This ore is believed to be the same showing in the shaft at the 160 level and on which d~ifting wss started this w7ek. Superintendent McRea believes that tae work now unGerwcy will within a very short time demopsuate large value for the DTo1ertY.
 ttbe Soruh canar7a sinklnz in the main shaft was broueht 10 a stsndstIl the first Of sEe weelt by a new inflow of water which provea too much for the No. c purnp. Tie new water came fin at about 20 feet. It is considered a very favorable indication. A No. 9 rump was imnsediateiy ordered and should be in today. It will be able to seasKyv hsna si flaa; ssafe< ,SSifa as soon as installed sinking Will be re-
Bisbee daily review., 1907-03-10
WESTERN FEDERATION |S
 MAKING LITTLE HEADWAY
Resume of Conditions Affecting the Warren District
 CTS Receiving Daily Supplies From the Mines With No Probability Of Copper Output Being Decreased-Shat tuck Smeter-Continued Growth of Douglas Shelters


 tuck SmeIter-Continued Growth of Douglas Shelters nInHs method people but the opposition The bill
 
 & 5ass . a. pr PsTa1 A ed a to d two S D and % orc on a % @ ee @ Mines producing than that required tax on
  nearly psn aa @ Gs pscsG o s mining hS as Rsa ~ 'A people, a1s h
 SITUATION. n ,! The has brought in with the a So far as known the federation organizers % m has 5 Oot @ arrived o h election oe of the ioca union ssSa sa but n Rno~n sa sey Importance @ the organization Since then better class s led s ss sn sS s m ' @ 1nPs9 the and % e pRRsf9 % ha $ @se s Ra ssn sn s a % ss @ R 'es saa s at Ssr ssss sRo @ I @ @ saa ss R s ns S1 @ f he the declared gese @ 5 of % the @ m @ hardly considera means nea s of G getting knowledge aiop shs,5 Pa9fE S be Wsssp S9s shut s down of a the sn8 8DssD @ 6 @ ] strong P @ sentiment snong eas on gS @ a 5 % Rs ae G S d sae be sney @ can Gny see @ a nnon @ % e dct I W friction 9 the & s9 h9 @ have % ] 1os tn he eP R % h % sn o1 be branded as @ he G9 the P m wh1 @ aa & % @ @ sS the P1B ms s to hs a sa @ 5 s @ ss s @ a @ oh n G % nzsf R 'G nouda many @ I e W sana @ their members remains to be ss d @ ase don d @ an9 @ h ss ss fhs sleIs @ podaet sa has n sa f p pns @ bye6 @ a n condition would result PT %od gad % o aend @ s & ss the s R also t T saoTs 's a % the 's s s daily s@0g1 no ns s 5 @ e ps Ss S copper S aa poduete 5 % AloH some soas ai i2oo o fo 1900 @s s s;ss sss S fssas lacking s,,s8ISsk
 who I building @ reduction plant ownhp Il is ssr d that @ the Soas ssoa that MT shsttuc at the head of this committee @ The g near the % Cau and AEooa @ F p on ne d Re f es % s sH P h for ~o o @ soss @ P % s % % S h ss as D0nsss s o the P se q e superior quality supply faesy adapted for sec @ @ sss @ s e a'eT @ These boilers today at Douglas of
 
 
 
  to the ore the q e M @ @ P0u % p R Bssee h The @ bn produced % m fg s % S s @ s 9 lsas s ' n g s cep oss R s Calumet me S apa 5 As io s aaso nfoaH t @ creased the 49n eapacity has just been completed and and % g go into the lines of jumbo will be ss feet long and of egu OO daily The Calumet and Arizona now has i've be built present capacity of GOO tons daily or double the capacity Of of machine boiler and black expected ready for occupancy by he
Bisbee daily review., 1907-03-10

tContinued on Page Eleven.|
Bisbee daily review., 1907-03-10
Mining Operations in the
 Cananea Mineral Zone

seumed to the 400, from where drifting is to be done. No. shaft is down 115 feet. at which depth they commenced cutting a station Wednes- day. This shaft has had ore showing for some distance and at 115 feet is considered to be in a permanent body. Therefore drifting is being commenced ae considerably less depth than it was originally expected would have to be made. Ia tke tunnel they have made about 45 feet. fine showing con tinuing. During '+- week the electric light plant was put in operation at the camp. 800 lights are in service. Lum- Der has been delivered on the ground for eight rev houses which are no under construction. They are badly needed to accommodate employees at the property. who lave been largely added to in number during the last month.
 Jesse Yoakum wss here "Wednesday from Bisbee with egard to Bonanza Extension and Car aea Northern de nourcements carryi extension to the north of the BonaT , de Cobre forma- tion and surround 2 the Suisun de- nouncement on tn northwest line of t1a Bonanza de Gore. Mir. Yoakum represented on his visit Bfsbee parties interested in the properties and took initial steps in the matter of for a Mexican corporation to take over the ground. The latter has excellent loca- t!oa and has been pronounced oy ex- perts to be in line for making < mine ia the event of success attendIGC de veIopment on the Bonanza de CCbre. which is generally conceded tO be a result that is already practically as- sured. It is understood that the con- pany to be put up by Mir. Yoakum and associates will be known as the Cananea Northern and will have cap italization in the United States o1 sbout 10,500 shares Of par value Of s5 per share
 Organization of a stock company on the Chispas mfne was completed in San Francssco on Saturday last. at which time the allotment of stock made to the public is understood to nave been largely oversubscribed. The news Of the organization came to most people as q surprise and left lsi ;ssss, of of. the subscfiptions list who would haye been very glad to have
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Moonlight Picnic

THURSDAY in the twilight, he
Younger set, Messrs Charles
Sullivan, Lewis Handley. Shel
by Sweeney, Henry Green,
Lambert Lane Warren Fuqua,
Howard Lear. Harry McNutt,
and Misses Elva Clark, Cleo
Patton, Marguerite Reid, Opal
Forsythe, Myrtle Longmlre,
Jessie Maddox and Bess Sharp
drove to the Jordan grove and
had a delightful moonlight pic.
mic.
They were chaperoned by
Miseses Eleanor Scott and
Elizabeth Arnold.
John looked after the hamp
ers ADD horses and made him
self generally useful.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Rah Missouri.

Sreephedd Bay, New York,
June ~ "A St Louis bred horse
NeIlsOu, owned by Barney
SchfelOer, The Missouri breeder
al turlnln. won til. s ub urban
handicap here this afternoon
from the best racing horses 10
America. Montgomery, auoth.
er Western horse. was second
and Beacon Light was third.
II WIS J, IF 4rsOn Bridgeford.
of Paris. dslrrde a d Missouri
horse that took the sweeps AXE
pr,z" oter the worlG 1T tn-
great Chicago Exposition.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Virginia'S Candidate

Senator Daniel has clearly
statei TO the New York World
his own position on the discuss
ion of his availability as the
Democratic candidate for pres.
ident by declaring: "that Meth
err the south nor any section
should, in my opinion, have a
candidate for any place on the
presidential ticket on account
of its locality. The country is
one. and the DEMOCRACY as yet
is one.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Talks on Tariff.

Gov. A. B. Cummins, of Iowa,
in a speech on Reciprocity, I"
at Pittsburg, on Monday of this
week, said. among other things;
II am for tariff revision and
for tariff reduction as a meas.
ure of justice to buyers of pro.
tected commodities. 1t seems
to me we have gone mad in our
zeal for the seller and have
abandoned the buyer to the ten
der ME rcies of monopoly, com
binatiou and greed"
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Serious Accident

Tue little five-year.old sJn Of
Arthur Keller, living north of
Palmyra. happened TO d Serious
accident yesterday attwuUou.
While some men were itiUng
nay into the barn loft Nv Means
ct pulley and rope the llltle
fellow got his hand caught in
~"me manner in the pulley and
'~ fore the horses could be stop
q" Il his hand was horriblymlsh
al A physician was called
tr I'm Palmyra and found 1T nee
e,-ry to amputate three fin
gers on the his right hand. He
- citing along today as we'll
a could be expected under the
circumstances Hannibal Cour
ieI Post
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27
Illogical

IF one Theodore Roosevelt is
anything. he is grossly illogical.
In the San Francisco scuoOl
affair. he started in TO make the
state comply with His idea In
the San francisco JapdGese
race riot, when property was
destroyed and Japan asked an
indemnity, they are coolly told
to go TO the state courts. 1t
begins to look like Teddy had a
tin roof over his eyes, one that
is leaky.
Monroe City Democrat. (Monroe City, Mo.) 1888-1919, 1907-06-27

know anything about any pro-
posed increase of another cent.
But the dealers never know
about the prices in advance.
The trust is absolutely arbi-
trary. They SIMPLY telegraph
ed: Raise the price of thread
one cent a SPOOL" If the deal
er does not obey they cut him
entirely off and he cannot buy a
dollars worth of thread. If he
tries to buy some from other
dealers the trust notifies the
latter not 10 sell any on peua l.
ty of being deprived of ali
thread.
lit is time the government
took cognizance of this inquit-
Gus monopoly" added Mr.. Duk-
err. 'While it is a fact that the
raw material may cost more and
labor is hig her, yet at the old
price Of five cents spool, there
is an enormous profit. l hope
to see the Investigation pushed
to the utmost"