Weekly Arizona journal-miner., 1908-01-08
67 MILLION
DOLLARS

The copper output of Arizona for 1906 se3OOOOOO
The of increase for years had been IS per cent
this rate of increase maintained her output would have
OOOOOO pounds for 1907 and with prico Of copper
k than had been for great many years. there the
knga incentive TO make the output great possible.
may fairly be assumed therefore that for months
year and before great fall in price came that the
was up TO the normal rate of increase.
That would give Gin round mllions) 2O7,OOOOOO lbs
Tha average price for those months .2iG20
Sndn the market the price is carried out to decima5
!, that
The money value the output for the first
\ almost ffty.one millions s5O979,960.
During the panic there violent fall in the price Of
per and sharp curtamcnt in tho output not from strict
esy Arizona where whole volume Of the output ia
lower cost than he done anywhere else in the
M equal quantity but because of business sympathy
III Che large producers of Montana.
TIE amcnt in actual output probably not great
many suppose for while labor discharged and the
largely cut it is the business policy of copper mines at
b times to work their richer
After consultation with others judgment the stu
on valuable ample allow for ali Arizona,
per from previous pace the curailment, and
total output for the last four months
year was round numbers 100000 pounds of finished
pcr-about 100000 a month
The average of daily prices for the last months was
9i cents
Value of output, months OBSERVATION-DISCLOSURES s9"sooo
output for the year 2'4oooooo IDS
money value soO'osooo
M sworn tax statements under the law Of Arizona show
the finished copper averages gold and silver value oil
pound and the total value Of these by pro
should therefore be s-''i''Vo'
There another byproduct which is not taxable ana
output therefore be estimated-the suiphue
produced Clifton estimate the product at SoOoo tons
the value $50 ton, total of .......... s'ooooo'
he total money value of Arizona ooppermn'ng INDUSTRY
therefore be stated az follows;
and silver, by-products ....,,..'...''''''' E'o"i'
hule acid .................- ..'''.'''''''''' '''
;ur5 total ........... s6i $3.50, 500
the minerals produced Independently OF copper mining
silver Lead zine and quicksilvermay, think, tary oe
ed al a 900 900 Arizona total mineral output for iso
therefore be stated in round numbers siSty-sev
Ons
ho his is candid very careful estimate eacu'a'oo
pretty close knowledge of the general SITUATION IL 10
mae only and in the nature Of things no mortar hVne
either prove il or dsprove it the present moment ~
b. months before the Governmental statistich Reports
enable the final corrections to be madeand even they
never perfect though every is made 20 have them ~
y perfect possible.
y u he middle Of the year. while things were running u
pa oder it was easy make close estimate on industrial
bgt the panic has clouded all with uncertainty '"'S
las haf Of the year.
lid not expect this statement Of estimates to be pre,
asained by the final Government statistics OF course
not sign my name to it. think II will be- and s'e'
It'll confidence
great event for Arizona No single event OF 50 ger
interest to territory is likely to happen I'll we a
TIED % statehood. 1t is industrial event OF P,O'
vcmcnt that should give people confidence IN the"
and in the incalculablc mineral resources OF A@o"'
lend a hearty congratulations to all-shake
(signeD FITzMAo