davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review., 1907-08-11
nOuGIAS SHELTER

Conditions at the smelling plants seem to have been nearer the ideal, from the standpoint of the superin- tendents, than for some time The supply of ore was never more regular and at both the Copper Queen and the Calumet and Arizona considerable ore was added to the reserve piles Coke has been coming freely since the first of the month and the stock on hand is larger now than at any time during the present year. Oil for fuel is also plentiful and at the Calumet and Arizona yesterday the tanks were all full and two tank cars had to be left unloaded until room is made for it.
 At the Calumet and Arizona the work of construction for the additions to the plant is progressing well. All the structural steel for the new pow erhouse is now in place and several of the pieces of machinery have been set in position, including one engine and blower and the turbine electric generator which is destined to supply the electricity required for the entire plant This turbine will supply in the neighborhood of seven hundred horsepower. In the new building has also been placed a new pump which is of sufficient capacity to pump all the water required for the plant. Its capacity is about five thousand gal Ions per minute.
 Material is now being prepared for the enlargement of the present fur naces from 900 horsepower to 5G0 horsepower each. All the old furnaces will be enlarged before the work of constructing the new furnaces is started The grounds around the c. and A. plant are strewn w,th machin- cry and material of various kind which has been received for the var ious enlargements under way. but there has been no particular rush in the construction work as there is no desire to hurry up copper production at the present time. It is not expect ed that all the enlargements planned at the Calumet and Arizona will be completed until well into 1908, when the present capacity of 1900 tons daily will have been trebled.
 At the Calumet and Arizona four furnaces have been steadily in blast since the first of the year and there has been little variation in the daily output of copper which amounts 10 about four million pounds per month.
 At the Copper Queen smelter the feature during the past week was the
Bisbee daily review., 1907-08-11

find that their supplies of the metal are sufficient to carry them well into August, although, on the other hand, some small consumers admit that they will have to buy copper very soon or shut down their plants. While not stating their opinion in so many words, there are producers who would not be surprised if circumstances should bring about further declines in price.
 The coppers have had a bad week. Prices have declined and there has been increased evidence of liuuida- tion by tired holders. Purchasers of copper stocks selling on a basis of 1S- cent copper held on despite nAsSet discouragement because they felt that the market would discount the higher price of the meal sooner or later, and that even If prices did not ad- vance there was little likelihood of any decline from those prices. Cop. per stocks, however, have responded to the weak tone of the metal market although copper is selling at a price that provides amply for all dividends now being distributed Other condi- tiOns have conspired to weaken the market, notably the scarcity of  money, which has brought lower prices for copper stocks, and a few traders are selling the market short. When sentiment is in this condition it usually is time to buy stocks Condi- tions are not so bad as is alleged. and will not be so bad. There is nothing now to indicate that the price of cop per will drop to a figure that will necessitate the curtailment of divi- dends, and if present dividends are maintained holders of copper stocks need not wory
 The selling in Boston has been we'll distributed throughout the list Utah Consolidated, which started the de- cline, has held quite steady to the lower level. as if stocks sold above were being recovered. This wbuId not be done if any further severe de clin was probable.
 There is scarcely any speculative interest in the coppers. Traders will not buy them, and are afraid to sell them short. Consequently commits sion house business is light
Bisbee daily review., 1907-08-11
WALKER SAYS METAL MARKET
 STILL DULL AND UNSETTLED
Is Known That Some Consumers of Copper Are About Down to Their lasr Pound, and Will Soon Have to Close Their Industries Unless They Buy.
 Lower Prices?

(By Geo. l.. Walker in Boston Com mercial.)
 Copper continues dull and no large sales of the metal have been reported during the past week. Lake copper is quoted nOminally at 22 to 221- cents per pound by the lake producers and sales of lake have been made at 22 cents. Electrolytic copper is quot ed at 21 3-4 to P cents by the larger producers The Metal Exchange quo tations are materially under these prices. Europe has apparently been the best market for copper during the past few weeks, and electrolytic has ben sold for export in small quanti. ties as low as 21 cents. If copper con. tinues to be sold for export ate these prices. it Is logical to assume that a corresponding recession in prices will take place in the domestic market.
 The falling off in new business since July 1, as reported by the U. 8. Steel corporation, which shows a de- crease of p per cent compared with the same period of last year, may be taken as a pretty good indication that general business is affected to some extent. This recession has been brought about directly by the string ency of money in all financial centres
 It would be much more satisfactory to consumers and producers alike if in the near future a stable basis of prices could be established and main tained. The consumers alone are re- sponsible for putting the price of cop per to the high level of last February and March. Producers tried to dis courage the excited buying, but con- sumers bid against each other for cop Der supplies for four or five months ahead. One large producer threw 2O,- 100000 pounds of copper into the mar ket in January in an effort to check the rise. Half of it was taken imme- diately at 22 1-2 cents. It did serve to check the advance. but only tempora- rily. The excitement was renewed and the balance of the lot was sold at much higher prices. At the present time, however, the market is unset tied, and there is no pressure of de- mand.
 On account of falling off in new business. some of the large consumers
Bisbee daily review., 1907-08-11

the road are piled up on the beach and most of the steel that will be re- quired is all ready for use or is on the way Twenty miles of grading have been completed. MT Morrison said that only development work on extensive scale is going on at the mine now and no other will be under taken until the railroad is near com pletion since the cost of transperta- ton to the coast is so heavy that more money will be made by waiting
 The company has several hundred tons of matte piled up and when the railroad begins to come into sight this will be put through the convert CTS. Last spring 200 tons of blister copper were shipped and it had to be carried to the sea on the backs of mules The development work in the mine has shown that there will be ore there for years, more years than the youngest member of the company will live, in spite of any increase that will likely be made in the facilities for handling. MT. Morrison was asked if the decrease in the price of copper had taken the edge off the en- thusiasm Of copper miners. He said 1t had not and he did not see why it should since fortunes could be made In the production of copper at sixteen cents a pound, figure to which the price would never descend again. Therefore there was as much conf dence felt by those familiar with the copper business now with copper at twenty cents a pound as was felt when it was twenty-five cents. More over it is understood that the decine in. the price of copper is not the sign of any changed relation between the supply and the demand but is rather the result of the manipularions vf spectators. IL Is therefore confi- dently believed that the price will
Bisbee daily review., 1907-08-11
PARKER WOODMAN MANAGER
 OF ALL COPPER QUEEN MINES
Chief Item of interest During the Past Week at Big Mine Is Announcement of Name of Man Who Will Succeed the Veteran CaWSon, Whose Resignation Will
 Take Effect september i.

Daring the past week there has been little of interest in the local mining field. outside of the pTepara- tions which are being made at The Denn-Arizona to place that property in the class of producing mines. Stoping was commenced in the ere body on the HOO level. and the rail road company is rushing work Cn the spur At the Calumet & Arizona the main object of attention has heen the rushing of work on tl-e new machine shops, which, it is expected Will be finished in the contract time. at tbe Copper Queen everything has been very much the same as usual slight increases being made in the ship ments of ore to the snlelters at Doug las, and in the number Of men work ing in the mines.
 Although there has been little ou of the ordinary in the big operating mines, the district west of the city becomes mere promising every day, and it is probable that within very short time the North Bisbee Devel- spment company will 6e making con siderable shipments daily to the smelt- CTS at Douglas Ever since work was
 
 the majority of people predicted fail ure. as they did concerning the cuun- try lying east of the dividend fault south of the city. However for some time past work on the North Bisbes has been in ore. and within the last few days ore running as high as II per cent in copper was encountered. The management cORtemplates the construction of ore bins, ani the placing of the property in the class of regular shippers with as little delay as possible.
 The finding of rich ore in that sec tion of the Warren District means much for the future, as at the pres ent time there are a number Of com panies developing properties i1 the near vicinity. It now seems to be most reasonable to argue that within couple of years the field of action around Bisbee will be greatly broad ened, making it one of the most ex- tensiye as we'll as the richest mining district in the world
Bisbee daily review., 1907-08-11
LA DicHs.

PHOENIX, Ang- 10.-Hon Robert E. Morrison returned yesterday from a visit to the City of Mexico, where he went to meet officials of the railroad which is being built from the La
 Dicha mines to the bay of Acapulco and 10 transact other business in con- nection with the construction of that road This road is being built for the purposes of the La Dicha mine. one of the moving spirits of which is George Mitchell. Mir. Morrison is not only one of the stockholders of the mine but is a member of the official board. It is thought that the road will be opened for traffic next spring. It will be sixty-five miles long, running from the mine to the port of Marques. g small arm of the bay of Acapulco, where the mining company win have a private wharf. The harbor though small Is landiocked and is one of the best on the coast. Tons and tens of lumber to be used In the building of
Bisbee daily review., 1907-08-11

place A cooling tower for the air plant is now being constructed in close proximity to the building.
 The drift on the 300 level has al ready penetrated more than 100 feet of low grade sulphide ore, which will average about 4 per cent. The work of opening up this body will be prose cuted steadily, it being the belief of the management that the average value of the ore will increase. After the level has been thoroughly devel- opend, the work of sinking the shaft will be resumed until the 1000 mark is reached, when a station will be cut, and various drifts driven.
 Stoping is going on steadily on the TOO and 800 levels, from which most of the ore is shipped. There has been nothing unusual encountered on either level
 Up to the present time there has been no definite information received in regard to when the postponed meeting of the directors which was to have been held several weeks ago, Will take place. Until it does there will be nothing definite done in regard to the construction of the Smelter at Douglas
Bisbee daily review., 1907-08-11
CALUMET z ARIZONA.

The opeaing up of the ore body on the $50 level of the Irish Mag shaft on the claim, named the same as the shaft, has proved most satisfactory to the management, crosscuts being run on its showing the extent of of the ore to be much greater than was hoped for.
 The work of placing the machinery on the foundations in the new mach inc shops being constructed on the Superior & Pittsburg Company's ground a short distance from the Junction shaft is almost completed and the finishing of the building will be prosecuted with all speed
 Shipments from the company's shafts to the smelters in Douglas are being steadily increased and 1t is prob able that the month of August will show a large increase over some of the recent months.
Bisbee daily review., 1907-08-11
DENN. N.As3IZONA

During the last two days the drift on the HOO level penetrated the ore body encountered at this depth. after passing through about twenty-five feet of rock running better than per cent in copper. The face is now in a lime stone formation, but it is believed that this is only a boulder. and that within a short time the drifts will! again be in ore. Stoping on this level was commenced yesterday, and will be pushed steadily forward with the purpose of determining the extent of the formation.
 The railroad company yesterday completed the laying of track to the Denn-Arizona shaft, and it is expected that within the next couple of days the spur will he entirely ballasted and ready for use. The mine management is making arrangements for the ship ping of the first car of ore to the smei- ters at Douglas on Wednesday, from which time on, it is hoped, the pro- ductiOn will be steadily increased.
 The bottom of the shaft is in a formation of manganese and iron, but the south side is still in the ore run ming about , per cent. The shaft has reached the 1lSO mark, and will be sunk to the 1900, where a station will be cut. and prospecting commenced along the same lines as on the 1000 and HOO.
 On the surface one of the old five drill cOmpTessors which has been in use in the Shattuck is being installed and when placed in commission to- gether with the compressor already in use will afford power for ten air drills. Supply and timber tracksare being laid on the surface and the work of placing the ore bins is about completed.
 Nothing is being done on the 1000 level at the present time.
Bisbee daily review., 1907-08-11
sHAIIuck.ARizoMA

Shipments of 400 tons daily are be- ing maintained at the Shattuck and the management confidently expects, unless something unforeseen happens. to make this months production the largest since the property entered the class of producing mines. TEo hun- dred tons of sulphide ore are being shipped to the Globe smelters, and the remainder is handled at the Copper Queen reduction works in Douglas
 The work of installing the new compressor is progressing rapidly, and it it believed that the plant will be in operation shortly after SeDtem- Der I. The compressor building is finished and most of the machine is in
Bisbee daily review., 1907-08-11
TWIN suTTEs.

Late yesterday afternoon rather in consistent reports reached this city of a marvelously rich strike of cop per ore that had been made at Twin Buttes. but at that time they could not be verified. says the Tucson Citi- zen.
 Today. however, it was learned that, although nothing marvellous has been found, some rich ore averaging twenty per cent in copper was uncov- cred yesterday on the three hundred foot level of the Morgan shaft. A specimen of this ore was brought to town and placed on exhibition in the window at Brannen & Hannys
 This is the first ore struck on the 900 foot level and that 1t should aver age as high as 20 per cent is very sooS indication of the quality that will be found there.
 Superintendent McDermott stated
Bisbee daily review., 1907-08-11
Continued on Page Eleven.)

today that at present it WIS tu'possi- ble to state how much of the ore there was and for that reason he did not sanction the report of such won derfrl strike as was current yester- day.
 If there is any quantity of the ore it will be great thing not only for the Morgan, but for every other prop erty in the Twin Buttes district. Un- til the main body is reached Mir. Nc Dermott does not care to do much talking.
Bisbee daily review., 1907-08-11
SUPERIOR e PiTTseuRc.

shipments from the various Sup erior & Pittsburg shafts are being steadily increased, with the resuh that the present month VII make a most creditable showing in the amount of copper produced
 The usual routine work of deveI- oping the different portions of the property. and opening up the ore bod fes has been, in progress
Bisbee daily review., 1907-08-11
cocHtse DEVELOPMENT.

During the past couple of days dia- mohd drilling operations have been commenced on the 900 level of the Ccchise property. and it is understood will be carried on with the intention of thoroughly testing the ground be- low that depth. The normal work ing force is employed, and the differ ent drifts are being pushed forward Otherwise there has been nothing of interest transpired.
Bisbee daily review., 1907-08-11
CLAIMS LARGEST SHELTER

CLAIMS LARGEST SHELTER
 Mining men from the AguascalieH- tes claim that the new American Smelling and Refining company's plant, located in that city is the parg- est custom smelter in the world, beat ing the record held by the Fl Paso smelter. IL Is handling more than 60, 600 tons of ore monthly, or a total of over 72O,000 tons year. Eight eonDer and two lead furnaces and four copper convertoFs are in opera. tion at Aguascalientes, and the capac- ity of the plant will be further in- creased as the mining industry in central, western and southern Mexico develops. The profits of the Aguas- calientes smelter will run into tho millions of dollars.
Bisbee daily review., 1907-08-11

sooner od later go back to the former high figures.
Bisbee daily review., 1907-08-11

CcOntinued- on Page Twelve.)
Los Angeles herald., 1907-03-05
NEVADA.
(GOldneld district
Nevada Mining Stocks

By Associated Press.
SAN FRANCISCO, March 4.-Following
We're quotations today:
COMSrOCk-Ophir, 255Q265; Mexican
SlQS2; Gold &s Curry, 3Op31; Con. Virginia,
90W9l; Savage, S0GDol; Yellow Jacket, 1000
loo; Belcher, 4SQbO; Confidence, 100 asked;
Sierra Nevada, HQ7S; EXchequer, 63QGo;
ToNOPAH-Tonopah Nevada, 169s@11;
Montana Tonopah, 365Q36; Toncpah Ex-
tension, 4S0lglYO; Mcnamara, 5SQb9; Mid
way, 2O21sQ4O5; Tonopah Belmont, 5a6B;
lonopah North Star, S5qS6; West End
Con, 150Q155; Rescue, 17ql9; Tonopah &
California, 15Q16; Golden Anchor, 32@N3;
Jim Butler, lOgqlO4ls; Cash Boy, 9@lO;
Home, lOqll; Boston Tonopah,. 14q15;
Midway Ex., 11ql2; Golden Grown, 15qlB;
N. Y. Tonopah Con-, II asked.
GoLDFIkLD--S -Sandstorm, 65Qe6; Red
Top, 425QlS5; Mohawk, 173Aqls; Col. Noun
245d25O; Vernal, 2SQz5; Pennsylvania, sos;
Goldheld Mining Co.. 150q170; Kendall, 10
bid; Booth, SSGgS9; Blue Bull, 4Oq5O; Ad-
ans, 2q22; Silver Pick, l60@l6zh; May
Dixie, iSGll; Golddeid Columbus, SSaS9;
Hibernia, 16@1i st, Ives, 195@2OO; Com
slsr' saassi q. Wonder, 500 S@s; @ Potiatch, OgS j.
Q97; ORC, 49@51, Kendall Ex., 5Gl6 Sand
storm Elk, 9@10 Mayne, 17QlS; Atlanta,
7@7S; ct. Bend, ll2hQl15; Slmmerone, 35
Florence, S6 bid Diamondheld, 47Q4S:
Goldheld Daisy. 275q2SO; Laguna, 165@l75;
Commonwealth, S5 asked; Com. Fraction,
5A@6A; ct. Bend Ex,, 1906; CT. Bend An
mex, 23Gl25; Milltown, 36@37; b. b. Bonan-
"a, 12@l3 Kewanos, 175Q1S0; Esmerelda,
SOq32; Portland, 3O6DS2; craokerjack. 17Q
lS; f. Mohawk, 9bqlO0; Red Hills, 25Q2S;
Mohawk Ex., 2sQS0; Spearhead Gold. IS
asked; Lou Dillon, l9Q2O; Y Tiger 15Qle
Grandma, z9@SO s., p. Elk, lVq11i X.
Rose, 12Q14; Col Mountain Ex,, 7QS;
Goldheld Con, 9%Q9%; Diamondtield Trl-
angle, 60Q61; Old Gold, bQ6.
ATTAN-Manhattan Con-, 76qS0;
Manhattan Mining Co. lS bid c. Wedge
ls@14i s. Humphrey, 9QlOi Dexter 29qs0i
Il. Joe, SOS; Crescent, 10Ql2; Combination,
SOLO; Granny. 276Q2S; Mustang, 26Q2s;
Little Grey, a asked; Cowboy, 7@s; ori-
ginal Manhattan, 26al1S; Broncho l4@l5
j Jack. Is bid; Pinenut 20421. Buffalo, 8
@7; Stray Dog. Ss@42i \. Horse, 7qs;
Standard, 36D4.
BULLFRoG- -Bullfrog Mining, % asked /;
Montana Bullfrog' 1Q9; National Bank, a
Gold Bar l22hQi25 stelnway, 2O@2f; Dem
yer Bullfrog Annex, 2SQ2b; Bonnie Clare,
Los Angeles herald., 1907-03-05
CHICAGO GRAIN MARKET
Free Selling by Commission Houses
Caused Weakness In Wheat.
Provisions Firm
By Associated Press.

By Associated Press.
CHICAGO, March 4.-The wheat mar
ket opened rather weak on free selling
py commission houses which was based
upon lower cables, big worlds ship
ments, larger than for the same week
last year, and liberal northwest re-
ceipts. The slight decline in prices,
however, induced active covering by
shorts, which resulted in a firm mar
ket, Within a short time, however the
market again became weak on removed
selling by commission houses and on
profit taking by the longs. The mar
ket closed weak. May opened "a 40 " C
to &c lower at 75ls @75 NC to 75%c, sold
up to 76bc and then declined to rs "a 0D
e &c. The close was u a sc lower at
75%c.
The corn market was firm early.
Late in the session the market eased
off in sympathy with wheat and the
close was weak. May opened "A M u G
lower to shade higher at 46% 6D46 "a c,
sold between 46kc and 47Q47Mc, and
closed Ac lower at 461s 6D46%c.
\ oats were weak. May opened q
shade to "a C lower at 41Bc to al "a "a
Al q c, sold at II " and then declin ed to
4oh @40%c. The close was &c down
at 40%c.
Provisions were firm at the opening
on heavy demand which was based
upon a &c advance In the price of live
hogs. At the close May pork was down
10c and lard and ribs were both un-
changed.
Los Angeles herald., 1907-03-05
FORM CORPORATION TO
INCREASE ELECTRIC POWER

To give Los Angeles additional cleo
trical power at some time in the future
is the object of the formation of the
Sierra Nevada Investment company,
articles of Incorporation for which were
filed with the county clerk yesterday.
The capital stock is $1000,000 and the
incorporators are H. f. Huntington, w.
S. Kerckhoff, A. C. Balch. j. E. East
wood and #. II. Short.
Mr.. Kerckhoff said last night that the
company was formed for the purpose of
holding water rights in the San Joaquin
valley and that these rights eventually
midnight be utilized in the creation OF
power which could be brought to Los
Angeles
Such project, however. he said, was
not contemplated in the immediate
future.
Los Angeles herald., 1907-03-05
HARTMAN DENIES
PANAMA TACTICS
RAILROADS NOT HlNDERING
CANAL WORK
Magnate Wires That Transcontinental
Lines Are Not Responsible for
DISCRIMINATION of Forces.
Railroad News
Bv Associated Press.

BY Associated Press.
NEW YORK. March 4.-The Times
today will print the following telegram
received from E. H. Hartman, who is
now in Washington:
"The statement, like others preceding
it during the last five or six years, is
made for some ulterior purpose. To my
knowledge the transcontinental lines
have taken no action in any way to
delay legislation or work favorable to
the construction of the Panama canal,
nor have they taken any part directly
or indirectly in influencing the letting
of contracts"
The Times adds that Mr.. Harriman's S
message was brought out in response
to a reported intimation by John B.
Mcdonald in an Interview at Augusta,
Ga, on Saturday. Mr.. Mcdonald was
credited with intimating that the great
transcontinental lines were the inf1u-
ence responsible for the apparent disor-
ganization of the personnel of the gov
ernment's canal building forces.