davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review., 1907-01-13
HORACE j. STEPHENS ON COLE
 AND RYAN.

It seems difficult for eastern finan- ciers and spectators to understand the mentality, makeup or methods of Messrs. Ryan and Cole. Their plans -and incidentally their successes diSer so much from the standards recognized in Wall street that it is small wonder the eastern financiers are at sea. Perhaps it may aid the eastern point of view to understand that these men are primarily miners real miners-born miners-men who have lived in a mining atmosphere since their earliest childhood. In cidentally they have become financiers and captains of industry, but at bot tom they are miners yet, as always,
 and their first thought, and their last,
 when sizing up mining deal, is from
 the standpoint of the practical and
 successful miner. Incidentally the
 matter of finances and a variety of
 other subjects must be given consid-
 eration, but finances and market pro-
 fits are subsidiary considerations. A
 market success is not always a com
 mercial success, as can be witnessed
 by numerous unfortunates who have
 found themselves shouldered with the
 DuTuSHS IuaLr dDiS undHCldl SLrdLeSlSLS
 have unloaded. Possibly Cole and
 Ryan are suspicious characters-to
 those who cannot understand them
 but they have no Nipissings to their
 creditor discredN Their friends
 and followers have yet to harvest a lemon crop at their hands.
 It is fact that Messrs. Ryan and : Cole, individually or jointly, could make a success of any hole in the ground that was given their endorse ment, and it is to their credit that ; they are using every precaution ir ] looking into the mineral prospects oi s all properties that are given the en 5 dorsement of their names. Bott g have become millionaires through sue 2 cessful mining ventures; but for ev - cry million made by either, ten o e twenty millions have been made b. e their associates, and this money Cha > they have made for their followers i n available for further mining venture e when they give the word. They ar l. in no sense dependent upon easterl e capital, and it might be well for east a ern capital to understand the situation
Bisbee daily review., 1907-01-13

The AmaIgamated Cs,ppe1 interest now controls directly. through subsid- iary companies and through the Cole Ryan interests about 4S5, 5,0o0,00 pounds of copper production per an mum, Through the United Metals Selling company it handles nearly 700,- 900. 900 pounds per annum. It is pre- dicted that Amalgamated will soon be in control of the copper situation, thus realizing an ambition long clung to by Mir. Rogers and his associates. Were it not that other great interests are rapidly extending their operations in a way to be heard from substantially during the latter half of 1907, but more particularly in 1908, this would undoubtedly be in a measure true but only, we believe, for the purpose of steadying the market. The bonds holding several interests included in the above to Amalgamated are rather loose, and to be maintained only dur ing good behavior" on all sides.
 It is rumored that the Guggenheims and Amalgamated have been coquet- ting with a view to something like consolidation of interests. That would mean that the Guggenheims would be merged" and it does not seem prob able that they would consider such a process. They are now in a position to become very great factors in the copper world, and within short time. Though we understand from wellin- formed sources that Cumberland-Ely has been over-rated, Nevada Consoli. dated is undoubtedly an immensely valuable property, capable of long sus- tained and heavy production. With a 10000 ton plant, Nevada Consolidated should be capable of producing we'll over 100,000,000 pounds year. Through the American Smelling and Refining company, the Guggenheims already control like output, and 1t is conceivable that by the time the Ely plant as projected is complete, which may not be for two years, their total copper output from mines and smelters will approach S00,O0O,OOU pounds. The Guggenheims do not need Amalgamated.
 Calumet & Hecla will, within a few years, be a greater factor in the cop per world than approximately it Is now. The company has made wise provision for the future in acquiring Lake ore-bearing lands which will as' sure it's present rate of production for a period longer, it is said. than this generation will have to deal with, More than this, Calumet & Hecia is reaching out deliberately and consist ently to other regions, particularly Arizona and Mexico, where copper prospects are being explored The Superior mine, adjoining the old Sil yer King in Pinal county, Arizona, has been quietly developed by Calumet & Hecla interests, until it now promises to become a great property. Several prospects in the Cananea ore belt are under bond to the same people. The recent option on Old Dominion to
Bisbee daily review., 1907-01-13

the earnings of the large producers exceeded all expectations. Dividends were increased at an astonishing rate but in no case have they equalled net earnings. The average price of cop ner for the year just closed was about 1912 cents per pound. This gave the producing companies unprecedented net earnings. But what may we ex- pect of the. year which opens with cop per at 25 cents per pound, no surplus stocks of metal in existence and con. sumption exceeding the largest vol ume of production attained in the worlds history?
 Herewith is presented in tabulation eighteen well known copper producing companies. the issued share capitali.
Bisbee daily review., 1907-01-13
SPECULATION AS YET HAS NOT SITUATl0M-THE BEST
 CONSERVATIVE BASIS.

Notwithstanding the remarkable ad
 vance thatshas been recorded in mar ket prices already. there is, generally speaking. no imitation of copper share values. Speculation as yet has not discounted all of the good factors in the situation. The best copper stocks are still selling on very conseryera- tive basis. In fact many of them are still selling much too low. The rise in the prices of the best dividend pay ing copper mining stocks has not kept pace with the increased earnings of the companies they represent. Whiie the expected growth in copper pro, duction failed to materialize last year,
Bisbee daily review., 1907-01-13
arger dividends later on.


 An estimate of the earnings of all these companies on a 15-cent copper market has been presented also. This estimate is based upon last years vol ume of production and the average is about per cent on the average sell ing prices of all the stocks under con sideration. It must be borne in mind, however, that every one of, these com panies is likely to produce more cop per this year than last. Many of them have plans under way for doubling their production. The present wonder fuI prosperity of the copper trade will enable these companies to expand their operations on broad lines, in- crease the capacity of their reduction plants and even buy additional proper ties without calling on stockholders for 6 dollar of new money.
 Such a discussion of earnings and values as this cannot be completed properly without a brief explanation as to the position of each individual company.
Bisbee daily review., 1907-01-13
NO INITIATION OF COPPER SHARE VALUES
 SAYS GEO. l. WALKER IN BOSTON COMMERCIAL
DISCOUNTED ALL OF THE GOOD FACTORS IN THE COPPER STOCKS ARE STILL SELLING ON A VERY

zation of each, with estimates of their 1906 production, profit per pound and earnings per share; and also estimates of their annual earnings cn a 25-eent copper market, in dollars and cents, and the per cent which such earnings represent on the present selling prices of the stocks of these companies. also present in the last column an estimate of the per cent of earnings which these companies would be able to show on their current prices with copper down to 15 cents per pound, provided their production was no larg. CT than during the past year. The following table is commended to the careful consideration of all students of copper mining share values:
Bisbee daily review., 1907-01-13
A FEW WORDS ABOUT COPPER

Copper is mentioned in the Bible. Deposits of copper ore on the island of Cyprus were found in early ages, and mined and smelted by the Greeks. The Trojan war combatants' armor was made of bronze, which is a con- bination of copper, tin and zinc. In early times it was regarded as a met. al specially sacred to Venus.
 Copper is found either native or in combination with other minerals like cuprite (red oxide), tenorite (black oxide), chalcocite (sulphide), mala chite (green copper carbonate), chal copyrite Cooper and iron sulphide) and in many other different and com plex combinations.
 1 Copper is also found, like gold, in sea and mineral water, in sea weed
Bisbee daily review., 1907-01-13

in the blood of animals, shell fish, in eggs, plants, flowers and shrubs.
 Copper is found in many countries, but the United States ranks first in the source Of supply. The history and uses of the metal are interesting as tale of fiction.
 In our own land copper was mined on Isle Royale, in Lake Superior, many years before Columbus was born. The copper occurred in native or volcanic rocks, and the primitive miners dug it out with no better tools than stone sledges. No less than 50,000 of the crude tools used in the early days have already been recov- cred. Great masses of native copper have been unearthed; many of these
Bisbee daily review., 1907-01-13

had been worked for fragments 0f the metal, as cutting with the crude i'm plements was almost impossible. A mass weighing 12,000 pounds was car ried away in vessel by the primitive miners. In later years mass copper, like that from Isie Royale, was eager ly sought, but no copper of importance was found. Many articles made from Isle Royale copper are still being found in mounds and graves through out the country, even as far away as Central America.
 ! While in the past, dim and misty copper has been known and extensive ly used, it's future uses will test to the utmost the worlds production of the famous and valuable red metal.
Bisbee daily review., 1907-01-13
ycALDED ENGINEER IS A HERO

BOONE, Iowa, Jan. 12.-Rushing through the town of Belle Plain at the ate of seventy-fve miles an hour fast nail No. 10 on the Northwestern came lear being wrcked, because Engineer Lou Shull and Fireman Edward Me Yey, were badly scaIded on account of | plug blowing out of the boiler head 1t was impossible to shut off the steam. Shull, who was literally cook d from head to foot, crawled over he tender, where the express messen- ger, thinking him a bandit, met him with two revolvers, but Shull got in and pulled the air brake just in time to prevent derailment.
Bisbee daily review., 1907-01-13

THE SNOW LIES DEEP
Business Suspended at Crown King.
 Freishtine impossible.

The snow lies so deep in and around the metropolis Of the Bradshaw Noun. tains that freighting and packing to the surrounding camps is practically at a standstil The weather has been So unsettled for the past two or three weeks th>t people fear to get away from their doors for fear of being caught out in a storm.
 For two or three years the weather seems to have lost it's grip on the pre- scribed rules governing the climatic conditions of Arizona.
Bisbee daily review., 1907-01-13
DIED IN SONORA.

Dr. Augustus c. Sheldon died last week at Garcia's camp, Pilares de Terras mine, Mocteuma district, south of Douglas, in Sonora. Dr. Sheldon was 69 years of age. His remains were shipped to his former home at Minneapolis, Minnesota
 Several weeks ago Dr. Sheldon and his friend, DT. P. C. Kelsey, Of New York, were at the Santa Rita, where thoy spent two weeks. They met M. A. Redondo and B. s. Worsley oi this city, and during the meeting they ar ranged to go and see Colonel Garcia's properties, having been fully advised by Mir Re6oado as to the course to pursue in reaching the mines.
 It is understood that Drs. Sheldon and Kelsey agreed to take the prop erty if terms could be arranged satis- factorily. The price to be paid would reach above the million mark, 1t is said. Although Dr. Sheldon Is dead, it is expected a deal will yet be closed, Dr. Kelsey being conversant with the situation and in a position to take the matter up. That Is the belief of those interested in the deai-Tucson Star.
Bisbee daily review., 1907-01-13
AT wINKLEMAN.

This district Is very busy this win ter. Development work is being hard pushed on the Two Queens. the Ray Saddle Mountain. Two carloads of coke are consumed daily to furnish power.
Bisbee daily review., 1907-01-13

greater depth is being pushed rapidly.
 Another big strike has been made in the Copper Creek district, the fifth one reported within the past few months. Eight feet of copper ore was encountered in the tunnel of the Consolidated mines there two weeks ago. The mine is located about twen- ty miles east of Corder.
 Sinking in the working shaft of the Gaell, which is now down to depth of 200 feet, has been discontinued for the present At the bottom of the shaft the vein was cross cut and found to be almost forty feet wide. A drift is being run to the north to get under the ore shoot which crops out on the surface about 150 feet north of thG shaft. The sudden demise of Manager Sclessinger left things in rather unsettled condition at the Gae1 and Castle Rock G. Frank Harrington, son of George P. Harrington, and young man who has had good, practical, all around mining experience, has taken charge of these two camps and will probably be the permanent mdAaSer.- Prescott Courier.
Bisbee daily review., 1907-01-13
YAVAPAl COUNTY.
CARROLL GOLD 6 COPPER co.

This company has been greatly Strengthened and is now preparing to begin operations on considerable scale, and work of permanent nature will supplant the prospecting methods. The ore bodies will be followed, a hoisting plant capable of sinking ls2Oo fee or more will be installed, and all equipment will be of modern type.
 For a long time the Carroll mine was generally regarded as rich sil- yer property, but development has clearly established that it is becoming a big copper mine, which will con tinue to carry high values in silver and gold. ...n n... ..
 In the main shaft, now down 24O feet. the ore commences to show sul- Ehides, although it is fully 150 feet yet to permanent water level. The surface indications in this property are remarkable, the lodges of enor- nous size, and the ground generally mineralized and copper stained for several hundred feet. Evidences Of great disturbances are very marked and the large Assure vein shows pay mineral from the surface. The main shafts and drifts are all in ore. The deeper work has disclosed numerous small caves. beautifully stained from mineral fumes and carrying rich de posits and other evidences such as have only been found in the great cop per mines.
 The Buffalo-Arizona Mining company will soon inaugurate and put in opera tion fine stamp mill.
 The Monica Mine recently made 3 rich strike very gratifying to the man agement. Two air compressors and force of twenty five men are at worh and the tunnel which encountered tht rich find in depth of about 1860 feet
 The New Englang-Arizona Coppe company has purchased the Venu mine from William Thiesing. and ha a new double compartment shaft sunl to depth of thirty feet upon the prop erty. By the time the shaft is dow sixty feet a new hoisting plant will b installed and the shaft continue down. This property is located abou one and one-half miles east of Turke station and one of the claims cover an excellent water right on Turke Creek.
 The Naco Consolidated Copper con pany has force of men engaged built ing a road from the station to tn Yankee Chief and Comet groups which they purchased recently fror MT Thiesing, who is vice president ( the company. A new shaft, now dow to depth of thirteen feet, hss bee started on one Of Che twenty claim which constitute the two groups. Thi shaft is intended as the main workin shaft of the properties. and the vel will be dexeloped by an extensive sy tenn of drifts and crosscuts. run froi each 100 foot level. There is a lars body Of copper ore. sampiing from to per cent. exposed by numbs of shallow shafts and open cuts sn good gold values are also found the workings.
 Duniap G Watkins. of Los Angele have commenced work on the Eag group. also in this vicinity. which the secured from MT. Thsesing abont tw months ago under bond. They haH a force of miners sinking 2 aoHn compartment shaft. in which there is large body of $30 gold ore expose The shaft is now down about fiftee feet and the work of sinking it to
Bisbee daily review., 1907-01-13

It looks Nike the citizens of Globe have made up their minds to have q citv government. notwithstanding the objection of the Royal Arch"
Bisbee daily review., 1907-01-13

Dunlap G Watkins. of Los Angeies have commenced work on the Eaele group. also in this vicinity. which they secured from Mir Thsesing abont two months ago under bond. They have a force of miners sinking double compartment shaft. in which there Is a
 large body of $So gold ore exposed. The shaft is now down about fifteen feet and the work of sinking 1t to a
Bisbee daily review., 1907-01-13

The Buffalo-Arizona Mining company will soon inaugurate and put in opera tion fine stamp mill.
Bisbee daily review., 1907-01-13

The Monica Mine recently made a rich strike very gratifying to the man agement. Two air compressors and a force of twenty five men are at work and the tunnel which encountered the rich find in depth of about 1060 feet
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-05-03
WHAT or THE REcATTAf

If Astoria Is to indulge her friends
abroad with regatta this year, II Is
quite time the initial steps were taken;
and 1t is equally imperative that the
contrary be made known 10 order that
the people may know what 10 do and
what TO expect, in the premises.
It might be well for the eommittee
still In charge Of this matter to call q
public meeting and take the popular
estimate as conclusive argument for,
Or against, the festival: and ascertain
If there is any alternative idea that
will serve in its stead for this season.
The Astoria regatta is quite an in
stitution and not easily forgotten by
those from the outside who have en-
joyei the celebrations in the past and
as the issue Is one Of far-reaching
effect, 1T should be decided at once In
order that those charged with its full
fillment be allowed ample time In
which to prepare for it, or such other
scheme as is to supplant II this year.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-05-03
SAME OLD STORY.

There is much ado about the fact
that ten Of Uncle Sans marines have
been badly dealt with by the Cubans
at Havana, the police being the scape-
goats in the matter; and Washington
is stirred up over the case and there is
all manner of red tape being un-
wound, and rewound, and a demon
stration will probably be made in be-
half Of the dignity of the government,
etc, etc.
Speaking from an experience of some
years in the navy a friend at our
elbow suggests that 1t is the same old
story Of a gang of drunken men in a
port they do not like, and Of conse-
Quent disorder, with the worst Of it
coming to the invaders. And we are
inclined to believe his deductions are
correct.
There Is no worse specimen of ribald
uebauchery known than the American
marine when he gets full and wants to
make record. The ordinary drunken
sailor is not in it for a moment with
the sea- soldier; he has the field alb
solutely to himself in this ugly premise
and cherishes the record more than
any other he may make ashore or
afoat. And no one knows it better
than the government officials who have
to deal with him. OF course it is not
always his fault, but history proves
that the exception is too infinitely rare
to avail him anything in the case
where 1t supervenes.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-05-03

count OF the practical and sensible
codes Of law IN operation there and
the greater equipt with which they are
administered,
This sounds bit rough on his
neigahors and win be resented hy many
who are really cognisant Of the actual
facts In the case, That there are any
great numbers OF Americans swarmmg
over the northern line OF this country
we doubt seriously; but that those
who so there to dwell de tind 4 sound
code OF laws thoroughly and fairly
applied In all cases, goes without say
ing with those who are conversant
with the trend and character OF Cana
dian Jurisprudence The whole Eng
lish system OF law. Including the Ca
madam processes, is famous for It's
equity and scope and more than ia
nous for Its unbiased application
irrespective Of persons, influences,
standing and all extraneous pleas and
predicates. @
It viii be no matter OF surprise to
find this opinion universal even on
this side Of the borders. and 1t is
worth the best thought that Americans
can give it. We cannot invoke the
distinction that rests with the Cana
dams too fully nor too often.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-05-03
THE PORT OF COLUMBIA.

The statement filed with the county
court on Wednesday last by the attor,
neys selected by that tribunal to in
vestigate the status OF the wretched
imposition, is fair and full and, We
believe, final, as TO the adverse con-
clusions submitted. And we earnestly
hope there will be no wavering. nor
abandoning, Of the project to force the
measure through the last court in the
land. II We have to bear the iiiquit-
bus burden OF this plain graft we want
to know that 1t has the sanction of
the law for some Of its provisions, at
least, and that 1t has the color of
righteousness even IL it has to be
smeared on.
We again cali attention to the tren-
chant silence of the oregonian on this
fraudulent attempt to swing this peo-
pie into line for the sole benefit Of the
metropolis. It is the one convicing
fact Of the utter humbuggery of the
whole thing, for If it had the merit
and justice that should attach to so
important law, that paper would be
at the shoulder of the thing without
lapse or variance. That it is fraud
on its face; was conspired in secrecy
and urged into enactment by the most
conspicuous cbicanery and is dubious
and illegal expedient, stands proven by
the desultory attitude Of that great
paper in its behalf.
When this county enters the arena
of the law to test the character Of the
bill, attempt must have the cordial and
hearty endorsement of all hands.