Bisbee daily review., 1910-12-18
HOW BROKERS PLAY HORSE
 WITH THE PUBLIC

IrOilt even from nanuilnS the nlSner grades. Just as soon as the iron ore miners came to their business senses they joined for an honest price and since that period in our history they have been securing it.
 Calumet & Hecla is making much less copper than four months ago. This is true of the An1algamated group of mines. the greatest copper makers in the world. It is true of the Phelps Dodge interest. of the Guggen- helms and Lewissohns. of Calumet X Arizona and Superior & Pittsburg and of many other well known cop per mining concerns
 The report of the committee pull. fishing the statistics O. copper will unquestionably prove that these hig producers are working along right lines so far as the output of mineral is concerned. And the output. sooner or later, is bound to fayorablv af- feet the price.
 The brokers are not doing the min ing. They are in the business of buy ing and selling mining shares, ana some of them are not at all particu- lar as to the methods they employ in creating business. They do not hesi- tate to publish any report no matter how far it may be from representing the truth if it only scares some weak kneed holder into selling. or some one wanting to get rich over night in to the buying.
 The recoil from several of the
 sure things" the eastern brokers insisted upon as the very best in tn. copper list, have recently been felt and the jar has been a very uupieas- ant one.
 The good mines are just as good as they were several months ago; and the poor ones may be bit poor CT. The discriminating buyer should know which are legitimate and which arc purely speculative, and in tha sa- curing of honest information there are many brokerage houses that would be about the last place the lhhtSNoE ShO1iu ESJ Lol vice as to where to put his money. The mining people know these fe:- lows and pay no attention to their boosts or knocks. To do this wo1ld Only assist in increasing the agita ton and prolong the surerings ci the spectators.
 The responsible men in the mining business aIe well known as are the substantial mines. IL will genera lay to be associated with mininC men who have a reputation for pre- formances as mineral producers and dividend makers. While there maS be an occasional failure the chances for Q fair average are certainly bet ter. than following a crowd that has nU knowledge O: mining affairs and whose chief aim is to build up some thing 10 unload. If one has his money invested in any of the many good copPers be need not worry about the attacks of the brokers. The metal is not affected by their dope" and the principal sufferers are those who may have taken their advice as to buying and selling of the worthless things or who may have been influenced to buy too heavily of the better class of shares. Undoubtedly the boom re- ports have influenced many people to buy upon margins. taking more than they should, but the mines have not been to blame for that.
 Copper shou soon be enjoying brisk busines.s. The restriction or output will certainly have good ef- .ect upon the market. Consum' recognizing the fact that prices will 4ot be further depressed by a big surplL,5 and knowing that any short age will have the opposite effect, VIII 1robably place orders liberally. Copper is stiH one of the favorioe metals of the world. Its use is 5ure 10 increase and its price must be commensurate with the cost of it's making.