Bisbee daily review., 1909-05-30

or indicating an average yield of 57 ,-2 pounds or copper to the ton.
 Unquestionabiy Anaconda is doing very much better now than it did las year, but l do pct believe it ia earn ing more than SI in excess of it's cur. rent dividend disbursements. Ana conda has seemed to me a high priced stock, as compared with Amai- gamated, Parrott and Butte Coalition. and l nave frequently advised the sale or II and the investment of the pro- ceeds In these stocks. I feel confident mat share Of Amalgamated is worth two shares Of Anaconda. and I believe eventually these stocks vii occupy that relation In the market. Nothing hut an immediate advance in the price of copper can sustain Auaconda at it's present price, in view of the rapo-t which is more than half a cent below holders Of Anaoonda to sell and put the proceeds intoParrott and Butte Coalition.
 HeIvetia
 Helyetia has just settled for 1t36 tons of ore shipped in April. The settlement was made on a basis O. l2-54 cents per pound for copper, wchis is moer than half a cen. below the present market price. Notwitl. standing this, these shipments showed the company a net profit of S3 per ton, af-er paying for mining, transpor- tatlon and all other charges and ex- penses. he company is earning slgp daily, but is spending two or three times this amount on the extension Of it's development work, the object be ing to put in sight "a suff ciently large tonnage if sulphide ore to fully war rant the construction and equipment of a raiload to the mine. feel sure that this has already been accom- plished, and that the queston of build ing railroad will be taken up soon
 Geological conditions ali the Helye- tia are identical with those in the Bis bee district, and the Helveta mine is developing just the same way that Calumet & Arizona d.d at the start. As it's property is several times as large as Calumet & Arizona, there is good reason to hope that it will event ually make fully as valuable a mine
 My recent advices to purchase Hei- veta when it was selling around s4 per share did not contemplate a QuicA turn of two or three points trus. that those who bought it will hold
 
 very confident that it will be worth at least S25 to $50 per share by the time that railroad facilities are supplied It is one of the best opportunities I nave ever seen to buy at ridiculously low price the securities of a company having such remarkable values in de- veloped ore and such excellent pros poets.
 Inspirations shaft has entered sul- phide ore for a distance Of about fifty feet Samples haey beel taken every foot of the distance and the average of them all is PA per cent copper. This satisfies the financial interests who are behind the enterprise that the Inspiration is dveloping a big body of valuable concentrating ore similar to that in the Miami mine adjoining. There has been excellens buying of Inspiration stock recently and pretiic. tons are heard that it WI sell a. SIS Der share this year.
 Ray Consolidated
 Ray Consolidated is continuing :he work of testing and proving up its property by churn drilling. The CT gineers now figure that it has 25,000o. 900 tons of ore demonstrated which will average between 2 1-i and l-2 per cent copper. The company will begin the construction of a concen- tra.o- some time this year which VII nave an initial daily capacity O. at least 5000 tons and probably of 5000 tons.