Bisbee daily review., 1908-11-12
(Giobe Belt)

' field was never brighter. The past week has witnessed an advance oi half cent per pound in the price of copper and a marked revival in the domestic demand for the metal. The, most optimistic feeling prevails in the trade and the prediction of i5 cent copper appears certain to be realized long before the appointed time.
 A dozen mining companies in tae district are actively operating, one other company resumes work today. while throughout the district the an nuai assessment work is being per formed. as the law requires, on hun dreds of claims. It is probable. there fore. that more men are employed in 1 mining in Globe district than at any time in the last year and a half. It is significant that with the many strikes of ore reported during the past 1 few months in various Globe proper ] ties, Old Dominion, the pioneer copper mine of the district, has easily main tained ts lead in the importance of underground developments and the growth of nigh grade ore reserves. This improvement has been reflected in the stock market by an advance or 20 points in the prices of the shares, which have been largely bought in Boston and New York for investment Development has been aggressively carried on in the eastern end of the mine at the 10th and 12th levels, where very high grade ore body has been drifted on for hundreds of feet, and at the 14th level in the west country, where the development of sulpbides have been highly important. The 14th level west drift is now near ing the region of PiRal creek with strong probability that the continuity of the sulpaide vein will carry 1t un- der the creek channel into the terri tory on the west side, where shaft D is now being sunk. The 10th level stope in the great oxidized ore body. aver aging better than 10 per cent, which was lost by the flooding of the mine several years ago, has been reopened, and the same ore body is being opened on the 11th level, and a drift on the l2th level should soon encounter the ore. Tae production of copper by the Old Dominion for the ten months of 1908 has exceeded that for the same period last year, and is now being maintained at an average of about 3,500,000 of blister copper per month. The earnings of the company on a 13k cent copper market have been at the rate of about $S5,O00 per month. which should now be increased to S100,000. It is probable that a diyi- dend of s1 will be declared by Old Dominion within the next month or six weeks and that quarterly divi- dends will be paid hereafter by the company.
 The Silver Belts representative wis ited the Black Hawk mine of the Ari- zona Commercial Copper company yesterday and was shown through the underground workings by Mine Fore man Pat O'NeiE. Recent develop ments in the Eureka shat are of much importance, and t would now appear reasonably certain that one of the greatest mines in Globe district will be opened by Arizona Commercial on the Black Hawk vein. The Eureka shaft encountered the vein at the 500 1 foot level and at 75 feet below that level is now bottomed in ore showing considerable iron and copper sulphides and some cuprite The ore occurs in
 
 tale interspersed, the ledge matter all showing good naturalization. The improvement in the ore the last few days have been very marked and the vein is widening with depth and is now forty to foTty-five feet. Good ore is now developed at the Black Hawk shaft and at the Eureka shaft, which are over 300 feet apart, an i'm portant fact, indicating that a drift below water level connecting the two ! shaft, will open an extensive ore body. i The flow of water has increased and is now about sixty gallons per min ute. However. the pumps in t1e Eureka shaft are not draining the vein at the old Black Hawk workings and it is probable that break in the formation at about 700 feet from the Eureka shaft cuts off the water from the east. The next level will be opened at roo feet and it is probable that sinking will be continued below that level.
 At the Black Hawk shaft where the ore shoot has been opened on several levels down to water at 450 feet, drift. ing toward the west is now in prog ress at the 450 level I20 feet from the winze and the drift shows a face of fine carbonate ore assaying per cent and better This drift is being run on the hanging wall and has beeu in the same character of ore its entire length. The vein where crosscut in the Black Hawk workings is about thirty-five feet wide.
 Good progress is being made in the uvnFlr hnfh ha of Eastern and Gardner shafts, and reg. ular shipments of ore continue to be made to the Fl Paso shelter. The new Great Eastern shaft Is going down slowly, pending the, installation of a hoist The stope on the 400 level O. the Great Eastern Is yielding the usual tonnage of fine ore, and the 450 foot level in fine ore for over 300 feet in length. is being prepared for stoping when the ore may be needed At the Gardner shaft the station at the 400 foot level has been completed and the south crosscut to intersect he Back Oxide and Iron iKng ledges is in thirty-four feet from the station and sixty-four feet from the saaft
 Mine Superintendent W. E. Carter 's maintaining the reputation of the Su perior & Boston as one of the very best of the newer and partially de veloped properties.
 Globe Consolidated is now stoping from five sulphide ore faces on the I20O foot level of the Gem and Bos ton mines. Ore shipments have been increased and are now averaging ovei three cars per week. At tae Boston E1--