davidaulloa/AmericanStories huggingface dataset:
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
Net DisI,eartenlno.

+Binks' whole stock went up la
smoke"
He had such bad fire2"
"Not at all He sells cigars Baltl-
more American.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
Our ace Limits, Men II % IS,

women 70 To 65 Annuties not limited
by age Insurance On each life limited
To $4,000 sDth year National life
Insurance company Montpelier w
Mutually
$. s. Ballard, general agent, Mont.
pclieri N. b Ballard, local agent, Barre,
MI.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
The Missina Parrot.

THAT was d wonderful parrot you
had. What has become Of him n
Hes away on lecture tour
Woman's Home Companion.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22

Can't look well, eat wen, or feel well
with impure blood feeding your body.
Keep the blood pure with Burdock Blood
Bitters. Eat simply, take exercise, keep
clean and you will have long life.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22

Don't use harsh physics. The reaction
weakens the bowels, leads to chronic
constipation. Get Doan's Regulets. They
operate easily, tone the stomach, cure
constipation.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
a FINGER N Fate.

How does that palmist manage ia
get alongg
"0h. be makes hand to hand strug
gle. - Minneapolis Journal.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22

My bank roll last week, | vow,
Would have choked a brfndle COW.
But this week its coffee and
Even lost the rubber band.
Harvard Lampoon.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22

Half Of our diseases are in ou,
minds. and the other half are ia ON
hcvses F's~o ~r r. -gn~on
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
Could Not eurn Together.

Hewitt have money to burn.
Jewett- Then you'd better take II
with you when you die.--New York
Press.
The Barre daily times. (Barre, Vt.) 1897-1959, 1908-06-22
Proof Positive

Proof Positive.
That man is made OF dust quite true APP
pears,
Wives know--or should
II they to gain their ends resort to tears
His name is mud.
Catholic Standard and Times.
Bisbee daily review., 1908-08-09
An Advance Statement of the
Production Last Year Is
sued by the Geological
Survey.
FROM THE SHELTERS
CAME $4,000, 600 POUNDS
First Time Since 1901 That
Production Has Been Small
er Than Year Before.

The United States Geological Sur
vey issued an advance statement
on the production of copper in the
United States in 1907, based on. re-
turns made confidentially to the Geo
logical survey by every known reduc-
ton company which in 1907 treated
copper-bearing material from primary
sources of origin in this country. The
figures presented are smelter and re-
fineTy figures, and represent the actual
recovery, in terms of blister and re-
fined copper respectively, from tAe
materials treated in 1907.
Smelter Production.
The production of copper in the
United States in 1907 was 1896, 49I
pounds. From the record figures OF
1906 this is a decrease Of 4S,S09, 191
pounds, or Sc per cent-the largest
actual decrease ever recorded and the
largest relative decrease since the
American copper industry became i'm,
portant This is the first time since
1901 that the annual production has
been smaller than that of the preced-
ing year, and the first time since 1872
that it has been smaller than that of
the second preceding year.
The following table gives the pro-
ducton for 1907 for the states which
are the leading producers with the
smaller producing states combined,
the total being made up of the fine
copper content of blister produced and
of the smelter output of ingot and
anode copper from Michigan, compare
son being made also with the 1906
e S15res
Bisbee daily review., 1908-08-09
THE FIRST SECTION
UP At MANSFIELD
Smeiter 68 Miles Southwest of
Benson viii Soon Be in
Operation,

The first section of the Mansfield
smelter, at the Mansfield mine about
6S miles southwest of Benson, is now
practically completed, and officials OF
the company state that It should be
ready to be blown in at very early
date. 1t is also stated that another
section will be added, doubling the
present capacity of the plant.
A thirty-ton oil burner rotary fur
mace was blown in at Helvetia last
week, says the Arizona Star.
There is an agent of the manufac-
turer of this new method for smelling
copper ore at Helyetia- He has under
taken to show that it will save fifty
per cent in cost Of treatment, besides
other advantages.
It has a cylinder into which a
charge OF two tons is put at time,
and an oil blast turned on, which re-
duces II to Stag and matte in an hour,
when it is dumped out The cylinder
is then raised to receive another
charge. and the oil blast again turn
ed on, and thus continued indefinitely.
Last Monday afternoon two more
furnaces were blown in at Cananea,
making four altogether, which is half
the capacity of the reorganiZed reduc-
ton plan.
On Tuesday morning the first con.
signment of the Texas oil arrived at
Cananea. There were about $500
gaalons to the car.
Bisbee daily review., 1908-08-09
(Walker in Boston Commerciall

tWalker in Boston Commercially
Copper is stronger and fractionally
higher. Lake is selling at IS IA cents
and electrolytic at Is is cents per
pound. Domestic consumers are buy.
ing quite freely and some of them are
engaging copper for as far ahead as
September and October delivery. Tae
foreign demand continues very good,
notwithstanding the advance, and the
prospect is that the small existing sur
plus supplies will soon be exhausted.
Business conditions are improving
slowly, Recent political developments
viii reassure business men and in
yestors considerably, and hasten a
return OF prosperous times. Some UNI
certainty still attaches to the presi-
dental campaign. 1t is to be expect
ed that other factors, such as a tariff
reform, financial legislation, etc. may
tend TO retard the complete return OF
conhdepce and general resumption Of
business activity in this country. Cop,
per has a worldwide market, how
ever, and there is every prospect that
from now on the demand will equal or
exceed the output of the mines. 1t
should sell at IA and possibly at Is
The trading in coppers has taken on
the proportions OF a boom this week.
Since last October there has been a
decided scarcity of stocks in the street
and only little buying was required
to cause the sensational advances in
| prices. The remarkable gains made by
some OF the leaders. among which
| North Butte has been most conspicu
Gus, stimulated the speculation: and
the advance in the price of copper
| seemed to restore all the confidence
which had been lacking.
| Having predicted this bull market
| in coppers every week since tn,
panic, / feel that holders of specula
| tive stocks should heed a note of eau
! tion from me now. l believe this 4;
time to take profits, especially IN
railroad and industrial shares, and il
most of the higher priced copper
stocks The market may not be or
| top yet. Prices may go somewhat
! higher all round; but everybody can
not sell at the top, and most people
should be well satisfied with the very
substantial profits which they can now
secure. i would especially recon-
ment profit taking in such stocks as
Anaconda, Boston Consolidated, Frank
| lin. Greene Cananea, Isle Royale, La
Sale, Mohawk, North Butte, Old Do
miniou. Osceoia, Quincy and Tama
rack. The greater number of these
stocks will eventually be worth moro
Bisbee daily review., 1908-08-09

than they are selling for now, but
they have had advance enough for the
present.
There are a few coppers which have
Important development work under
way, and they should sell very muca
higher either now or Immediately
after the reaction in the general mar
ket, which is already over due. Anal
gamated Parrot, Arizona Commercial,
Shannon, Adventure. East Butte, Hell
yetia and Boston Ely appeal to me as
| especially attractive purchases. 1t is
mot improbable mat we shan also see
higher prices for Titan Copper, Butte
/ Coalition, Cumberland Ely, Nevada
/ Consolidated, Miami and Michigan.
feel that we are near the top of the
market; but, as is usually the case at
such a time, individual stocks may
advance very rapidly during the week
/ or two preceding the general reaction.
Psrrott stock again made a new
high record this week. News dis
patches from Butte tell of the re-
lmarkable richness and extent of the
ore bodies developed in its Nina claim.
II told the readers of these letters all
about this when PARROT stock was
lselling So lower, and advised them
to buy. 1t has had a relstive greater
advance even than North Butte. as II
lis already selling Tor more than three
times its low price of last year. Par.
irott IS stin one of the cheapest cop
lper stocks on the market. 1t is go
ling up. and going up to stay.
| Adventure promises to open up one
Of the richest mines in its district OF
1.-THE recently discovered Lake lode
There Is a good. chance that this stocE
will sell as high as Aallouez or Mohawl
Ieventually. / want all of my friends
Ito buy a little of this stock and hold
lit. There is a chance of a loss of s.
or a profit of $500 per share. 1t is dia
lmond drill cores make it practically
Icertain that Adventure will develop q
VERY valuable mine.
Tie Adventure company is In bet
ter position now than AlloueZ was
when Il discovered the Kearsange lode
by diamond drill and began its de
ivelopment Adventure has all the
equipment needed, including hoists
Icompressors, a stamp mill, machine
and blacksmith shops, while Allouez
had to assess its stock and buy new
equipment The Lake company must
buy all tais equipment also. ! be
lieye Adventure viii be the first com
pany to earn dividend from TIE new
Lake lode.
The recent substantial advance in
the coppers has carried some stocks
Bisbee daily review., 1908-08-09
4 100000 ISSUE
IN GOLD BONDS
Decided Upon at Meeting Of
arizona Commercial Com
Pany Stockholders.

Al the meeting of the stockholders
OF the Arizona Commercial Copper
company acid at Portland, Maine,
this week it was unanimously voted
to issue $500. 900 ten-year 6 per cent
convertible gold bonds. Also to in
crease the capital stock by adding
10000 shares at par value (S25i max
ing total number Of shares outstand-
ing 10000. The new stock is to be
used for the ultimate conversion Of
the bonds.
At the directors meeting it was
voted that the stockholders of rec
ord, August II. would have the right
to subscribe for the new issue OF
convertible bonds on the basis OF
100 shares for $500 bonds.
The right to subscribe expires at
the close OF. business August %. Pay
mehts for bonds in fun on or before
September l.
Bisbee daily review., 1908-08-09
STOCKING COPPER
UP At HOUGHTON
In Some Cases Increase in
Three Weeks Has Been
% Per Cent.

HOUGHTON, Mich, Aug. S.-Dur-
ing the past month there has been
a considerable increase Il the
amount OF copper normally stocked
on the docks awaiting shipment.
In some cases the increase the past
three weeks amounts to % per cent
and it it only in the case of the
Calumet e Hecla's dock that a stocS
of copper below normal is noted.
That this annually large amount
of the red metal is awaiting ship
ment is not doubted; that ii is at
the present accommodating faster than
it is being shipped is fact. The
difficulty does not lie in the search
ty of carriers. The visible supply OF
copper in this district is now up
wards of 100000 pounds or about
one-balf of the total monthly output
of the entire district
Bisbee daily review., 1908-08-09

higher than they are entitled to sell,
but some Of the others are still sell
ing at prices at which they are very
cheap. Unless copper is about to adj
vance 10 IA or Is cents, the stocks of
the greater number of the producing
companies are selling about high
enough. There are few individual
companies, however, which are earn
ing substantial returns On tie present
prices OF their stocks, and which will
be worth 2 great deal more with cop
per a cent or two higher. ] expect
"copper" to sell at an average Of IS
cents per pound during the year 1902
land I think it excellent Judgment to
buy those copper stocks which are
showing good earnings at the present
time and hold them in anticipation Of
the much higher prices al which they
should sell after q two-cent advance in
metal prices. To do so is g relatively
safe speculation.
1t seems to me that the most salts
factory way to compare copper sAare
investments is on the basis of the mar
Eet capitalization Of the copper which
each company is producing annually.
For illustration, II a company with
1000 shares of stock is producing
! 100000 pounds of copper annually,
| and its stock is selling at par, its mar
ket capitalization is S10,000,000. or
81 per pound for it's annual production.
If its copper can be produced at seven
Icents per pound it shows a profit of
| six cents per pound on a 13-cent cop
per market, and this is s per cent on
1.-THE market capitalization of the com
lpany's stock. II the same company
copper cost 10 cents per pound, it
would be able to earn only three cents
per pound. or per cent on yaiua.
ton of 500 per share, etc. This
lcompany's production may be said to
be capitalized at 81 per pound.
| On the basis of stock market prices
at the beginning Of this week, | have
/ made up g tabulation of IS well known
"copper" producing companies, giving
the market valuation of their capital
stock, their estimated annual produc
ton at the current rates, an estimate
of the cost of their copper per pound
and the capitalization per pound as
indicated by the current market value
Eof their stocks. Figuring on this
! basis, have presented an estimate o.
the percentage of net earnings which
each is showing on a 13-cent cope
market, and also, in the last column
what they would be able to earn on Z
I15-cent copper market, the latter be,
ing given in percentage also. The
| tabulation follows:
Bisbee daily review., 1908-08-09

ton 10 these stocks of refined copper
there were at smeIUers, in transit 10
the refneries, and at the refineT.es
blister copper and material in process
of refining TO the amount of -35, $40, "59
pounds on January 1, 1907, and OF
75,Z54.6j9 pounds on January I, 1903.
Consumption.
The apparent consumption or re-
fined new copper in the United States
in 1907 was about 4S5,0OO, 900 pounds,
as compared with about 6S5 100000
pounds in 1906. One method of de-
irving these figures is based on the to-
tai refinery output. The data are as
follows:
1867 1906
Refinery output -.1,032 516,247 1,079, 052, 400
Refinery output .5l6 1,Ol9,O52, 405
Jan. -. 4G,E7l1 72,270, Az
Total supply ....i.O7 MS.42S I17g.5l8,S SO
Refined cop. exp. 4G5, 49G,OJ7 44G, III
Dec. 81 .. 125T45,7eS 46.4971Sf
Total withdrawn. SCI, pa, 500 49,, 2l7. Se2
Consumption ...... 4S7,T71,625 6S6,255, 81
1t is probable that in addition to the
consumption shown above, most or all
of the 60,000,000 pounds or more of
Ireworked copper was consumed.
Bisbee daily review., 1908-08-09

foremost dividend payer In this group
Is the Homestake, the famous low
grade gold mine in the Black Hills of
South Dakota: for seven months this
year it yielded $764 400, making a
total of $l6,S44, $50 since organization:
the present issued capital is S21.S40,-
000 The Homestake declares month
IL dividends al the rate OF per cent
per annum on par Sl00, or 4 IL per
cent on $50, the current market val
ne. The great Alaska Treadwell
gold mine on Douglas island, Alas
ka. disbursed in dividends this year
$3.50. 600, making total of SO, 435. 600
on 100000 capitalization since or
ganization. The Bunker Hill & Sui
liyan silyer-lead mine in the Occur
d'Alene district, Idaho, capitalized at
So. 000 600, has declared this year
$4,000. making the total dividends
to date s10.296.0 600. The Nevada
mines are making a better showing
and the return of Tonopah Mining
to the dividend list in' July with
s250,000, or 20 cents per 81 par val
ue share (now quoted around ssh
brings its total to sS.65e,o00 on a
capitalization OF S1.000,000.
The mettallurgical works general
" continue to pay their guarantee
dividends, but have reduced or dis
continued payments on other stocks,
as a result of the unsettled condition
of the metal market, Six of these
corporations from January to July
this year declared dividends of So
54S.775, making a total of SSS.10S,-
902 oa S217.972, $50 issued eapitaiiza-
ton since organization. The Amer
lean Smelling and Refining company
| is now paying dividends at the rate
of per cent per annum on its pre-
| ferred stock and 4 per cent on the
common, both 500 par, and has dis.
I tributed so far this year S4,625,00O
making a grand total of S43,2e6, 555
on a capitalization that has gradu
| ally been increased to S100,000.00t
| since organization in 1899. The
| United States Smelling, Refining and
Mining company is paying dividends
at the rate of Z per cent per annum OF
! its preferred stock and 4 per cent on
the common, both $50 par and has
| distributed so far this year S1,S02.
Gal, making a total of S5,47S,622 on
SAL, SAC, $50 issued capital since or
ganization in March, 1906.
| There is reason to believe thai
larger dividends viii be declared by
mines and works during the closing
months of the year, when business
| generally is expected TO show {
marked Improvement
Bisbee daily review., 1908-08-09
TAKE TWO COACH LOADS
OF CHINESE TO FRISCO
Daniels, Arnold, Richie and
Griffith viii Be in Charge
of the Train.
(special to The Review

TUCSON, Aug. s.-One of the
biggest caravans of deports which
has ever gone out of here to San
Francisco is that which will leave
tonight. United States Marshal
Daniels will be in charge and he viii
have along as guards Justice o. C.
Richey, Assistant District Attorney
Arnold and Colonel w. NJ. Griffith.
Two full coach loads of the CeIes,
tials win be. taken to the Golden
Gate, from whence they will set sail
Wednesday or Thursday for the
FloweTy Kingdom. The entire outfit
seem delighted with the prospect OF
getting back home, and not without
reason, as it is thought that many
of them have made their pile and
have come across the line in order
to get free passage home, a trick
permissible under our immigration
laws, of which many willy China
man takes advantage.
Marshal Daniels and the members
OF the convoy proper win likely BE-
in Frisco for several days.
Bisbee daily review., 1908-08-09
THE MAzATzAL
PROPERTY IS
LOOKING GOOD
Recent Developments Indicate
That it May Prove One of
the Best Mineral Producers
in Southwest.

| PRESCOTT, Ariz, Aug. S.-Good
news for the stockholders of the Ma
zatzal Copper Company was brought
| to Jerome this week by D. BeTasi, who
| has been the mine foreman on that
property during the past year or
more. He was on his way to Italy,
where he was called to settle up some
personal business matters. While in
Jerome in answer to enquiries regard
ing the Mazatzal he said:
My opinion of the MazatZai can not
be more fully or emphaticalIy express
ed than when / tell you people that
would not, at this time, take $40 a
share for what stock / own in the
company. Development is proving
that this property ought to make one
of the great mineral producers of the
southwest. From the winze that is
now being sunk in the Bullfrog tun
mel, high grade ore is being taken, and
it looked, when l left the mine, that
this winZe had been sunk into large
and rich body of ore. On account of
the late fire, progress in development
has, of course, been slow. but when
the parts of machinery destroyed ar
rive, which will be in a few days, and
the power hoist, which we passed on
it's way to the mine, is put in com
mission, the work will move along
rapidly"
Mr. Richard Taylor, who brought
Mr.. Berasi to Jerome and who owns
a ranch near the Mazatzal, said to a
Review man that while he was not
up in mining himself, the workmen
employed at the mine had told him
that every foot of development went
to prove that il was great properly;
that his brother-in-law, an experienced
miner, employed for years in the
Globe mines, had told him that the
last three car loads taken from the
winze was better looking stuff to him
than any of the sorted ores ne had
seen in the Globe district. It is re-
liable news like the above that makes
the stakeholder feel that he has used
good judgment in investing his money.
General Manager Hull reports that
the drift being run in the Cleopatra cut
another body of high grade ore a
couple of days ago. The parts missing
from the new machinery have arrived,
will be working on the Cleopatra ore
body on Monday next.
From the Sycamore comes the good
news that the diamond drill is bring
ing up some rich cores from large
ore bodies.
The reports from the Eureka are
that work is progressing with very
satisfactory results. The ores from
this mine are of very high grade. and
while 1t is not expected that the ore
bodies win be large. il is expected
that their richness viii make /: big
dividend payer
Bisbee daily review., 1908-08-09
PRAISES GLOBE
AFTER A VISIT
To DISTRICT
General Manager Woodward
of National Exploration Co.,
Speaks of Development in
That Section.

General Manager Woodward OF the
National Mining Exploration compa-
ny has just returned to Boston from
Arizona to confer with the directors
relative to the equipment of its
Fumarole property with a reduction
plant and the commencement of a
new three-compartment shaft at the
Iron Cap mine.
He says THE Globe mining dis
trict is destined to be the largest
producer in the country. Recent ex-
aminations indicate that the Old Do
minion lode passes through the Iron
Cap property of the National compa-
ny at a point a few hundred feet
north of the crosscut. and orders
have been issued to drive this cross.
cut through that ground as rapidly
as possible. On the west end of the
property, where the present work is
being done. the management contem.
plates sinking a three compartment
working shaft towards the east end
of the transportation TO the smelter
without handling.
"The recent development on the
Black Hawk property of the Arizona
| Commercial have placed that prop
| erty in a position to assure it large
amount of pay ore. The continuity
of the vein, from the old Black
Hawk shaft something over 500 feet
/ to the new shaft gives great promise
for the future of Arizona CONNER
cial company, and in measure is
of great interest to the stockholders
/ of the National, as it has proved the
| continuity of this vein within 800
feet of the Iron Cap east end line.
GAS further evidence of the con-
tinuity of the Black Hawk vein the
] development work on the Superior
& Boston property where the Veln
has been proved 500 feet east of the
Arizona Commercial property esIab-
fishes the Black Hawk as one of the
great mineral-bearing veins OF the
Globe camp.
1.-THE company has made rapid
progress in development of Fuma-
arole mine; having sunk a double
compartment permanent working
shaft 500 feet, with 500 feet Of cross
cut and drift work on the 5O0-foot
level and 260 feet of work upon eco
foot level since October Il last. This
property was taken over by the COM
pany upon the recommendation Pro
\ fessor ]. w. Prout, OF Denver Inc
4 development work on the 5oo-foot
level has already proved an area Of
100 by 40 feet carrying sufficient
gold and silver values to pay good
profit on treatment. The vent itself
/ has been proved to be over 80 feet
in width and 100 feet in length. In
places where this vent was encount-
cred goldbearing ore of over $40 per
ton value was taken out. Owing to
the fact that work at this point is
Just at water level and strong evil
dences of oxidizatiou and teaching
were encountered, Professor Prout is
firmly of the opinion that as soon as
the work reaches point below the
line of oxidization the values will be
many times those found upon that
level"
Bisbee daily review., 1908-08-09

ahead upon a rising market?
There is now no large supply of
copper to be absorbed ara the Lew
copper that will come forward rom
Utah Copper, Greene-Cananea, Ely
and the Boundary will find a ready
market The demand for the metal
is legitimate. The General Electric
company. when operating to full ca
pacity consumers 100000 pounds Of
copper per month. Last fall its cen
sumption was down to as low as l.
100000 pounds per month, while it
is now between 100000 and 4,000,-
900 pounds per month. This will ex-
plain the increasing demand for the
metal and why the price is advanc
ing"