Bisbee daily review., 1908-11-13
cBoston Financial News)


 Arizona contains in her mineral re- sources the potentiality of riches be yond the dream of avarice. She has already yielded from her mines an enormous sum of money. but her pres ent mining development is very well indeed compared with the vast ex- tent of her undeveloped mineral de posits whose existence has bee:. proved by scientific tests. This years mineral production in Arizona will De about $65,000.000, according to infor- nation tabulated from special re- turns made to The Boston Financial News by engineers in charge of the principal mines in that territory. The production of copper in Arizona has given her the words primacy in that metal the total output being more than one-seventh of the worlds yield. The opinion is general among copper pro Gucers, that in department of mineral production the territory contains more than enough copper ore to give fuli employment to as much machinery and as many men as are employed in all the copper mines of the Continent for many years. Arizona's gold out put is increasing and, as soon as sil- yer takes an upturn in the market, there will be a liberal expansion of silver mining in this territory.
 The recent hard times have had lit tie effect in Arizona. Mining has been pushed right along under a compre- hensiye plan of development. The slack spell in copper gave, opportunity for putting in new machinery and ap- paratus that by its efficiency will soon more than make up the sum of the profits that would have accrued from the full running of the mines. Sever al railroads are planning extensions that will enable the profitable work ing of number of rich sections that have been fully prospected but are not developed.
 Some of the mines in Arizona ere owned by close corporations that is- sue no reports, have no stock for sale, and whose owners can get all the money they want for making exten- Eions within their own circles. Other mines that are just as good in every way as those big mines are awaiting better turn in the money market for forwarding developments Some or Arizona's mines have within a score of years returned from 100 to 19J per cent on their capital. Others have returned the double of the original in vestment. One of the largest mines which now is paying enormous re- turns, was once in such bad way that ore for only three weeks work was in sight, and almost everybody in the Lrl l.N. .. H. en mine captain lurched into the mine one Sunday with bottle of liquor and tools. Toward the end of the day he made strike that put a different face on things, and resulted in the earn ing of many millions of collars. The mine is one of the worlds greatest copper producers today.
 Another great mine of today was abandoned by some of the shrewdest men in the copper business. Within six months thereafter, it developed into great money maker. One of the original shareholders and devel- opers was so disheartened over the seeming failure Of the mine that he wandered away and was last heard oI as tramp on the Pacific Coast. In a dil oliSCl pduh ID d NGIg of money earned by that mine to the credit of that man.
 Twenty years ago milliner in Bos- ton took from miners wife a few shares of stock in an Arizona mine that the miners wife told her were worth $100. The milliner was told some time afterward that the shares were worthless. But as the stocks were prettily engraved she kept them as playthings for her children. Six years afterward she learned that the shares were worth $65, 900, and that a large sum was due her as dividends. She came to tais city and saw the treasurer of the mining company. When he told her how much was to her credit she tainted away
 The area of Arizona is about 13 times the size of New Jersey. T1e richly mineralized section is about 5Uo miles long. and has the area of 40. 000,000 acres. In recent years, the costs of living in Arizona have been largely decreased through the devel opment of farming and cattle raising. Artificial irrigation has done greas things for Arizona. About 2,350. 900