Daily Arizona silver belt., 1907-12-28
LOOKS FUR HIGHER
 PRICE FUR COPPER
Writer in Boston StatiSt Says It Will Take Little Buying
 To Send It Up.

Says LennoX in the Boston Statist
 For some reason the Amalgamated Copper company has been an insistent seller of copper, evidently desiring to keep as little metal on hand as possi- ble, although the production of 1000. 900 pounds q month ought not to trou- ble the selling agency any to dispose of
 The stanton interests have been steady sellers of metal all the way down the line, although they are stor- ing some at the present time. cvi- dently believing in higher prices.
 Calumet & IIecla which has not been actively in the market. will again be q seller of metal, offering at II cents within a few days. but the general opinion is that the big corccrn will re- cc!ve more money for the bulk of what metal it will produce during the next ninety days.
 lt will take very little buying to send the market considerably higher. British demand will certainly brisk up after the first of the year, which will mean the conclusion of the stock taking period and after the annual houscclean ing are at an end
 Those who are most pessimstic at the present time and can see nothing good in the situation will see change that will surprise them after we get our annual settlements out of the way
 Some of our good friends think that We shall see q big cut in the dividends and the resulting disappointment will result in lower prices.
 Experience of the recent past shows us that the opposite is the effect When property of assured value. such as Utah Consolidated, North Butte, or Amalgamatcd cuts its dividend, every one knows that the very worst has hap pened and that whatever occurs after must be in the nature of improvement. This is on the theory that he that is down need fear no foe.
 Everyone knows that dividends are likely to be either radically pruned or passed altogether. So that when the fact occurs it should cause no sur prise. The surprise was expressed when both public and insiders discounted the present situation.
 Thus in Utah and North Butte, the decrease was followed by substan- tial rally. As regards Anal lgamated there is too much bear news. Every one knows what the company must do and the only thing that ought to exer- else marked bearish influence on the issue is a declaration of too large dividend.
 Anaconda is evidently in for an en- tire passage of the dividend. As low as 20, the issue ought to be a very good purchase.
 The Globe District.
 The activity in Old Dominion was caused, as foreshadowed by the sue cessful discovery of the big sulphide vein 200 feet below the 1400- foot level. It was this that called Dr. Ricketts to Globe and his opinion on the matter was the handspring of the market bet terment.
 This has helped all other properties in the camp and is responsible for the very much better tone of Arizona Com mercial, National Exploration, Globe Consolidated, Superior & Boston, all Globe properties.
 Greene Cananea has little chance of in the immediate future. The in spite of reports to the contrary, has about 600 men still en- gagged in development work.
 Giroux people say that the property has never looked so we'll as at the present time. Now that cheaper and more effective labor can be had in plen- tiful supply the property should develop with much greater rapidity.