Bisbee daily review., 1909-07-17
SUPERIOR AND P|TISBURG Is
 GOOD AND WILL BE BETTER
Its Assets Will Exceed Its Liabilities in Another Month It's Earnings Now Are About S100,000 Each Month
 -lt is FavorabN Located and We'll Managed

Nltn the ground aireauy Opeuel and being developed by drifts and crosscuts. Superior & Pittsburg is making money, having, as We have stated assets nearly as large as it's liabilities, and which will fully meet the latter in thirty days from this writing. It is, with the present iOw price for copper, earning SlOO.OOO De" month, and to this it will add mate rially as its work of development ex- tends. It has shown it's ability to meet any competition, and when it has rounded out it's big tasks, 1t will greatly lessen the fine cost it is nov securing. That it will manufacture its pound of blister copper under six cents is probable. Its ores are rich better is probable. Its ores are rich in copper and in addition they hold important values in gold and silver.
 Superior & Pittsburg has merely scratched the surface of a small DOT ton of its holdings, it having very large acreage and every foot of il occupying favorable location with ref erence to the mineralized portion of the district. In fifty years from this time all the ground of the compan! will not have been tested.
 With the water fought down, the company is now giving its attention to the development of ore bodies al ready found and to the finding of oth- CTS. In the Briggs shaft it is sinking and will soon be extending levels from this opening which should be prodac- tive Of satisfactory results. Iron Ore looks upon this as one of the besI locations in Bisbee, it lying right In the center of the great ore channel of the camp. It has already been shown that about this shaft is a great field of leached ore such as has al ways been followed by ore of mer- chantable quality in all the Bisbae mines. Under this great mass will surely be found an immense mine uf very high grade material. We be- lieye it will prove to be one of the most important. in all Bisbee. The signs are all for this conclusion. With all its shafts producing. Su- periOr & Pittsburg will be sending ore to surface in big volumes and as the output gains in tons the costs should decrease proportiOn2tely There wIl! be less expense in the equipping oT surface. and the shareholders should receive very good account from the enterprise.
 At the Calumet < Arizona smelter plant, located at Douglas. twEut E-siX miles distant there is rom for fur ther expansion. Two stack. can be enlarged to give an additional 300 tons and a new stack to be installed will permit as much more. It may be that Superior & Pittsbnrg will decide to erect its own smelter as it's out put grows and as surplus Is earned. We hear nothing of this officially, bUf iC might be the logical ouiCcL:a Of the CF.r at'Uns al the mines a. the latter TrCwS iI size and importance
 T"tIe has been some n < thlt Cal umet & Arizona has Icat money 70 Superior < Pittsburg The account was well protected, and a better inter est could De secured than from other sources. Besides Calume. & Arizona had to carry a considerable surplus cm hand. At enc time Calumet & A1i- zOna was financially assisted by the associate companies of the POnanza Circle group, so-called. 1t has been a reciprocal arrangement of benen. to all concerned.
 Calumet & Arizona may be needing more shelter room than noN used IT expects a considerable ole addition from its Hope and Wagner shaft and from its claims at COurtlaud. ln this event new stacks would have 10 be constructed to meet the Increase from Superior & Pittsburg, O. the latter might go into the business Uf Gaiag ,ts own smelling in its own 5tac a. At present the company secures d vcSy favorable rate of smeltinG from Cal. umet X Arizona and it could hardy afford to erect it's own plant until f had considerably increased its pres ent production
 Superior & Pittsburg has made good and it will continue to grow bigger and better. It has the ore and the men to mine it.