Bisbee daily review., 1909-11-21
WEEK ENDED
 SAW REVIVAL IN
 COPPER SHARES
By Frank J. Graf

Tue week just closed has been the most important period of any time in the copper shares since the great cop per war of many years ago.
 The shaping of the copnar merger for tE;e adjustment of copper metal, which has been undergoing a process since last spring, is now down to a proposition which only needs some details
 That the merger will be the best thing for the copper interests is as- sured, and many are led to believe that copper stocks will be far more benefited than by any other means tkat may be suggested. So far the public are in the dark as to the out come of the consolidation.
 From reports the combination will take in the Amalgamated and their allied companies, as well as the Ne vada Consolidated and other com panies of this class, who have been able to produce copper at such low cost as se.ious.y to interfere with the operations of the old-line copper pro, ducers. On the other hand there are many that are not to be taken into tEp combine, and should this be the case there might be a possible fFie- tion. We must remember that we have the Phelps Dodge interest, Calumet X Hecla and many others. such as Ray Con. Insp.. Miami, Gila, Live Oaks and Warrior, as well as many Utah and Nevada properties.
 The one most important question which interests Bisbee more than any other is, how and where does the Calumet & Arizona and the Superior & Pitsburg come in? Are they to be taken into the combine, or are they truely considered a Cole-Ryan property Should they be taken, are they still to be listed Or taken eff al- together. It is true that when these properties were organized they were not Cole-Ryan property. but it might have been that during the fife of these properties the Cole-Ryan crowd have been able to buy up the controlling interest.
 Metal has already advanced and Lake is being quoted at 13 If to 13 l-2, while Electrolitic is 13 Is. The advance in copper has been confined to such stocks as Giroux Consolidated. Greene Cananea, Superior and Pitts burg. North Butte, Butte Coalition, Copper Range and Anaconda. Superior Copper, Utah CoppeG and Utah have also recorded higher prices. Calumet and Arizona has showed a strong advance, but I am inclened to believe that it is due to the fact that it is reported that che dividend will be increased from 1.U0 to I.5O. The directors meeting takes place on the 24th, at which time this matter will be taken UP.
 The lower priced issues have not as yet responded to the advance taken in the copper shares, that is Denn Ari- zOna and other local Warren stocks Shattuck has shown good support dur. ing the week Live Oaks, Warrior San Antonio are all firm. especially Live Oaks and San Antonio, as there is a call 10 be paid during the next sixty days. The market at the close of the week shows a slight reaction due to profit taking.
 BOSTON.
 Amalgamated 93.50. Anaconda 51.S7 Ailouez $500. Atlantic 1900, Arizona Commercial 43.63, Boston Con. 17.5o Butte Coalition 32.50 Calumet & Ari. Ozna I07.50, Calumet & Hecla 6S5.00 Centennial 39.OO, Copper Range SAYS East Butte 1900, GTanby l04.5D Greene Cananea 1875, Isle Royale 26.00, Keewenaw 3.25, Mohawk 64.0O Miami. 1912, Michigan 6.50, Nevada Con. 29.63, North Butte 66.25, Old Do minion 54.00, Osceola 161.0O, Parfott 30.75, Quincy S7.00, shannon 1850 Superior PittSburg 17.63, Superior Copper GAPS, Superior Boston 16.0O Tamarack 67.O0, Trinity 11.50, Utah Con. 1850, Utah Copper 64.25, U. s Smeiting 56.75, Victoria $50, Wolvef inc 14S.00, Warrior 5.S7. Sierra Con 5.12, San Rasalia 2.5O, Gila 300, Phelp. Dodge 259.0O, Duluth Son 800 asked
 CURES.
 American 250, Adventure 5.50, Ari zona Michigan $500, Arcadisn 4.50 Butte Arizona 7c. Butte London 25C Black Mountain 55c, Cactus 300, Cor dova 125. Carman 1.50, Cumberlant Ely 9.60, Calumet Sonora 1925, Che mung 17.O0 asked, Denn Arizona 400 Daiy West $50, Eienita SIP, Franklin 17.OO. Globe Con. 3.25, Giroux 1L87 Helvetia 6.S7, Hancock 14.25, mspira TlOn a.90, La hOSe 4.o1, IAFe Odh t-'J Mass $50. NIpissing 10.50, Nationa 55c, Newhouse 400, Nevada Utal 1.S7. Ohio Copper 5.25, Ray Cent. 2.50 Ray Con. PEST. Raven S5c, Savanni 1.50, San Antonio $50, Shattuck 23.12 Superior Globe 5000. Santa Fe 200 Warren SI2. wolverine & Arizona 94e.
 NEW YORK.
 Missouri Pacific HOO, Rock IslanC 2925, Southern Pacific 140.25, St Paul 156.37. Pennsylvania 132.12, New York Central 132.63. A. T. & s. r 1I9sI, L. & N. 152.00, Erie 33.25 Northern Pacific 144.12, Union Pa c'Gc 100, Southern Railway S1.5O Brooklyn R. T. 1925. Reading 167.75 Great Northern 142y00, c. F. I. 51.O0 U. s. Steel 99.37. U. S. Steel preferred