Daily Arizona silver belt., 1909-09-15
N. 1. AMSTER BACK. FROM TRIP ID
 EUROPE
SEES IMPROVING METAL coNDI- TIoNs IN INTERVIEW WITH
 BOSTON PAPER
SPENT THREE MONTHS ABROAD
SPEAKS or PROGRESS MADE AT PROPERTIES UNDER HIS CON
 TRoL IN INTERIM

N. L. Amster has just returned to his home in Boston, after an absence of three months touring Europe, and in an interview with the Boston News Bureau had the following to say:
 "While my trip abroad was primar- fly for pleasure. naturally took some time to look into business affairs abroad, especially relating to the copper business. There is no denying that copper consumption has not been good in Europe for the past few months, due largely to reflection of the depression in America, but there is now evidence of considerable improvement, especially in France and Germany.
 ''France is planning to electrfy some of it's steam roads and contracts are now in preparation relating thereto which will involve the purchase of a great many million pounds of copper.
 "Germany is again making tremend- ous strides in the commercial world, and from now on the consumption Of copper in that country will increase rapidly The same may be said of the entire European continent, including Great Britian.
 "As to our own country, it IS known fact that we are using more copper than ever before, and if it was not for the accumulated stocks, the result of our depression, which stocks, however, are not large, we should today be hay ing a l5 to l6 cent metal market.
 Although there has been a most ex- cellent improvement in the metal sit uation, the price of copper has ad' yanced very little and it is now prac- tically the only commodity that is still selling at panic price. Of course, this situation cannot continue with iron and steel improving so rapidly in con sumption and price. It is certainly a good time to buy copper shares with the metal selling around l3 cents. mean by this. that the metal can on ly go one way, and that is up, and cop. per stocks naturally must reflect this situation.
 Notwithstanding that l have di vorced myself from business during my vacation, naturally kept in clos' touch with the progress of the prop critics in which l am particularly inter ested. l am pleased to note the great progress made at the Arizona Com mercial. Boston X Curbin and Shannon properties.
 ''Since 1 have been away, under ground developments have demon sirated very extensive high grade or, bodies at the Arizona Commercial down to the 600 foot level and for tn, | 7th level indications are even better Our smelter equipment is about com pleted, and there is no doubt but tha the company will be producing coppei beginning with October.
 1.-The Boston & Corbin has likewis' made great progress in underground de velopments. We already have abou | i30.0C0 tons of ore blocked out in tn, Corbin property down to the 6OO-foo l level, although the 600-foot level ha not as vel been thoroughly opened, an' very little work has been~done on th' 700 foot on account of awaiting com pletion of the electric plant installa ] ton. This plant should be completed by October l5 and from that time ol our reserves should be added to yer, rapidly.
 ' Ii is gratifying to me to note tha the Shannon company is steadily inn proving it's grade of ore and reduein, it's costs. During the past months th' ore averaged six pounds of cop per more to the ton than normal an, our underground work there shows tha the ore goes considerably deeper thaI we at one time anticipated. With th, railroad completed the early part O next year, the shannon company vii