Mohave County miner., 1910-06-11
PheIps-Dodse Go. Said to be After
 Market Control.

real purpose of the Fl Paso & South western and the Phelps-Dodge inter- ests in building to Tucson and con- meeting Tucson with the tidewater at Port Lobos, by the way of Silver Bell, is to secure control of the copper mar ket of the world, is the statement of man said to be high in the confidence of the Phelps-Dodge interests. He de- clines to permit the use of his name, but says:
 By extending the E. P. x s. w. from Benson and by connecting via Silverbell with Port Lobos, the con- pany will absolutely control the copper market of the United States, and further will control the copper merger shortly to be consummated between the Amal- gamated and the Utah copper con- panies, provided that adverse decis- ions by the United States supreme court in cases now pending do not render merger an impossibility.
 ''The reason for this control is most simple.
 ''The Phelps-Dodge company, which now pays combined freight and wa ter rate on their immense shipments of copper ore of three cents per pound from Arizona to Perth Amboy, N. J., where their refining and smelling plant is located, and to New York where their selling agency is stationed can, by the use of the udewater route reduce this charge by at least one and one-half cents per pound, thus putting them in an impregnable position to compete for the copper market of the entire nation.
 "When the copper merger was sup posed to be in process of formation, the Phelps-Dodge people absolutely refused to enter into the com bination on the terms and conditions offered by certain Wall Street hnanciers. If the supreme court decisions regarding the Standard Oil and American Tobacco company trusts. which have been de- layed by the deaths of two justices, are not too sweeping, the copper mer- ger will be formed.
 Tn that event, the Phelps-Dodge company, because of it's tidewater con- nections at Port LobOs, and through the transshipment of its ores over the Isthmus of Tehuantepec, will force the Amalgamated and Utah companies with their vastly higher freight ex- pense, to concede to the Phelps Dodge demand that the latter's wishes con- trol the copper merger.
 If on the other hand the supreme courts decisions are against the cor porate com binations, and the merger is not formed, the company can con- trOl the worlds copper market be- cause of the low freight rate.
 The route of shipment is just this: Gathering ore from the mines at Bis bee, Douglas, Morcnci, Ray and other places, it will be shipped direct to Port Lobos, thence by boat to Santa
 
 endless chain conveyors from the holds of the vessels to the specially con- structed box cars with removable tops. They will then be hurried over the isthmus. POO miles to a point on the Gulf oi A.exico, where the contents of the box cars will be dumped by special machinery into steamers which will convey the ore to the New Jersey re- fnerieS.
 ''The Spreckles Sugar company of Hawaii is already shipping its entire output of sugar destined to European markets by this route. The run is made in eight hours.
 When the slump in the copper mar ket came about two years ago. the company cut down its labor cost to meet the shrinkage. But instead of mining , per cent ore, it extended the drifts into the famous Holbrook shaft and took out approximately ten per cent ore, thus keeping up the same amount of income with half the labor formerly used.
 ''In conclusion. the marvellous rich ness of the Phelps-Dodge fields, and their far seeing strategy in securing water transportation, will soon secure them an impregnable position in the copper world"