davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14
ALL EYES ARE
FOCUSED upon
COPPER TRADE
Certain That Present Metal
Surplus Cannot Increase if
the Agreement 10 Restrict is
Faithfully Kept,

Member Duluth Stock E-caange1
The markets of the world today are
watching the copper ind Istrv with
Tic utmost care and the iuturs pros
oe,it; is entirely depending 1lon ibis
one feature. The crop reports have
about been established and to say the
least are very encouraging. With but
40O'O0O,OO0 pounds OF copper as the
visible supply of metal on hand. we
can consider this somewhat of a bull
market for the advancement Of copper
metal as well as OF copper shares.
We cannot look for much Improvement
In the copper surplus for some months
yet to come. for it takes that length
OF time before the metal that is now
being shipped to be placed on the
market. At the present time We are
now consuming about 10000 600
pounds Of copper monthly. and with
a surplus of approximately 425,O0O.-
600 pounds, there is still about a four
months, supply on hand. The copper
shares list have shown more activity
during the week than for years which
is all due to the fact that curtailment
is at hand, but after all the entire
copper metal market depends upon the
reliability of the so-calIed gentlemen's
agreement.
During this week we have seen
marked advancements in Calumet and
Arizona and Superior and Pittsburg.
Shattuck aad Dem Arizona. The con
solidaton Of the Calumet and Arizona
with the Superior and Pittsburg is
one OF the most important deals that
is now before the public, more espec-
tally to Arizona and Michigan inter
ests- Nothing definite has been given
out as to terms, but from the prices
1t looks as though 1t would be a five
70 one ratio.
The Shattuek-Arizona has shown a
two point advance for the week, which
Is very gratifying to their stockhold-
ers Shattuck should sell for higher
prices If present stocks are justified
in selling at their present prices.
sew York sales 22s.400 shares.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14

BOSTON. Aug. 13.-Except in the
volume of business the market was
very satisfactory. The bears are still
confident in their position and sold
stocks freely today. but buying seemed
TO be of the best character. The close
was strong ali through the list. Steady
accumulation of North Butte seems to
be going on and when the stock offer
ed at 80 is out of the way. IL should
have a sharp advance of five points.
Insiders continue to pick up Indiana
and il looks as IL the recent strike
must be of considerable value
The meal situation is undoubtedly
improving and small advance in the
prices viii unquestionably be made
next week. Hold all the coppers you
have and buy more on every little
reaction.-Paine, Weber & Co.
Curbs generally reflect improved
sentiment Offerings are not urgent
with increasing demand. DEM held
steady at 3 Is Shattuck quoted %
IL bd with only moderate offerings
under "a. Live oak Is bid with only
offerings at 20. Inspiration storing
advancing to SIS. Chino steady.
Cactus and Ray Central firm.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14
-. 80.
SHELTER TO RESUME

Ell PASo, Tex, Aug. 12.-Of great
Importance is the announcement tina.
the plant of the Yaqui Smelling &
Refining company at Toledo. Ures
district, Sonora, $50 kilometers north
OF Corral, on the Corral branch of
the Mexican Southern Pacific rail
road, after being shut down for three
years on account of the high cost
of fuel, is being put in order for SER
vice, as the company expects to blow
in the smelter before the rainy sea
son ends. Oroe is being shipped to
the plant, which is in the heart of
a rich mineral district The com
pany owns a number of groups of
properties and good fiuxing ores.
The original intention was to use
lead as a collector, but 1t has been
decided to use copper. as not sufi-
Client lead is available for continuous
runs.
The smelter is on the west bank
of the Yaqui river on a hillside, and
the sampling works and bedding
patio are above the level OF the feed
floor. The equipment consists of a
3Ox1OO inch furnace a 36-incr round
furnace, and a reverbatory furnace
for fines and fue dust The sampler
has a daily capacity of fifty tons.
There is also a refinery. The power
plant consists Of two engines. one
an Erie high-speed belted to a 25-kw.
generator for light and power.
There is an ice plant and machine
shop. Native wood is used as fuel,
but later coal will be used from La
Baranca coal mine, about eight miles
distant. George P. Hyde, formerly
OF the FL Paso smelter, had charge
OF this plant in the strenuous days
Of the Yaqui war, having narrow
escape from being massacred along
with several of the owners.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14
ARIZONA COMMERCIAL.

BOSTON-The advance in Arizona
Commercial shares and bonds yes
terday. the former advancing to is
- against a closing of Is rs on
Saturday, is due to sensational un.
derground developments with the
diamond drill.
At a point approximately 2o0 feet
below the seventh level, the dia-
mond drill has passed through 20
feet of the highest-grade ore ever
found in the property. The first
five feet viii run between per cent
and per cent copper while the
next 10 feet is described as copper
glance although no assays have yet
been made.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14
PHELPS. DODGE G co.

Notwithstanding the efforts
Of the Phelps. Dodge management 10
curtail production of copper since the
first OF the current year the July
yield was heaviest for any single
month thus far in 1910. The increase
over previous months. however. was
unavoidabl as there are times when
certain ores was the case last month
and the output could not be CONTROL.
ed.
We understand that Phelps, Dodge
& Co. are comfortably sold ahead a
position which they assumed some
time ago and have since maintained.
Besides their own copper they market
the product from both the Calumet
& Arizona and Superior & Pittsburg
properties.
The growth of the custom business
which Phelps Dodge & Co. have ac-
CURED has been an important factor
IN the mining industry of the South
west. For seven months ended Aug.
l., of 100000 pounds turned out
from the Douglas and Detroit smelt-
ers, is 100000 pounds or more than
20 per cent. represented custom bust.
ness.
The July production of two com
pares:
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14

development and TO the management
it indicates not only more generous
copper values. but holds ous the pro
mise that below this po'E5 rhe water
flow will be very greatly lessened.
The shaft is steadily sinking now
at the rate of two feet per day and
is at present so feet below the eth
Level. The management is of the
opilion that il will require only
three months to get into the newly
discovered ground.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1910-08-14

berg hoist is practically finished and
cit is expected that the hoist itself
will be installed in a few days
Los Angeles herald., 1910-07-23
LIVE OAK STATEMENT
INDICATES PROGRESS

GLOBE, Ariz., July 22.-The Live
Oak Development company in finan-
cial statement shows receipts of S212,-
SIS and disbursements and accounts
receivable of 1927, ABS. leaving on hand
a cash balance of $45,079 on July l.
According to the report from the
beginning of operations, on December
2. 1908. tunnels drifts, raises, shafts,
etc, amounting to 4039 feet, have been
completed. Churn drill operations
were commenced last April, and since
that time eight drill holes, aggregating
3402 feet, have been sunk, and in each
hole commercial ore has been found.
From underground development work
and churn drilling over seven million
tons of per cent ore have been de-
veoped which, at a market price Of
1214 cents a pound, would give profit
of $1.35 a ton.
Regarding the property, its equip
ment, facilities and development, the
report says:
An eight-drill air compressor, and
boiler plant of 160-horsepower ca
pacity have been installed and are
giving excellent service. The property
is also well equipped with hosting
machinery drills, mine cars and tools
for carrying on underground develop
ment work The company at the
present time is operating two churn
drills and has an ample stock of churn
drill supplies.
Los Angeles herald., 1910-07-23
AMERICANS DEN0UNCE
IN ALTAR DISTRICT

BISBEE, Ariz., July 22.-While the
Altar district is in its zenith and scores
of Americans are hocking there to de-
nounce ground not already taken, two
other districts are attracting attention,
the Llano and the Quijotoa districts,
the former in Mexico and the latter In
Arizona.
The Llano region extends for several
hundred kilometers south of the Altar
district, and some parts of it are
coursed by a railroad line, thus MAX
ing it an ideal field as far as transpor-
tation facilities are concerned. The
ground was first worked by Spaniards
and Indians, who exploited only the
surface, abandoning the place
Some successful mining operations
lately put through have brought the
district to public attention, and from
the acreage already denounced 1t is
assumed that there will be great ac-
tivity there.
The Quijotoa district Is located In
Arizona and in the past has been gen
erous in it's yield Of gold. Many claims
have been staked in this district, but
owing to the fact that the mineral Is
difficult to separate, no work worthy OF
mention has been done SO far.
Los Angeles herald., 1910-07-23
ACTIVITY is RESUMED
IN SEARLES DISTRICT

BAKERSFIELD, July PEE. NJ.
Truesdale one of the early prospectors
in the Searles district, which is at
present attracting attention in oil cir
cles has returned from the desert and
says there is q rush of men to the
country surrounding Salt Wells and
Searles. A New York company, he
says, has a man in the field, and in
dications point to the erection of a
great many new rigs in the locality
during the next few months.
At present there is some activity in
section q, 26-40, the Hoffmans of San
Francisco have drilled to a depth Of
270 feet and are now in oil sand. They
do not produce in commercial quanti-
ties. however Biologists who have re-
ported on the territory declare that a
production can be obtained from about
1900 feet
The Hawaii Pacific. located near
Siding IT, on the alifornia-Nevada
railroad, has two rigs up and is get
ting ready to drill. The V. B. II. is
another company holding considerable
land A. L. James is the man in the
field for this concern and he declares
that lumber is being shipped to the
field for the erection Of camps.
The excitement is a rejuVenatiOn OF
a small boom directed to that terri
tory in 1900 when A. ]. Bowen a
Los Angeles geolOgist made a favor
able report on the territory.
Los Angeles herald., 1910-07-23
SECOND INDEPENDENT
AGENCY CONSIDERED
Trouble Among Ranks May Lead
to Organization Along
Old Lines

BAKERSFIELD, July 22.-Another
oil producers agency built along the
lines which have been so successful
in the case of the Independents, is a
project that is assuming shape here
on the coast and the membership will
consist of all those who for one rea-
son or another have objected to asso-
ciating themselves with the original
body, caring to join. 1t is said that a
considerable production has already
been gathered under promise to CO.
operate.
AS is we'll known, there is much Oil
In California under contracts expiring
at irregular intervals, the owners of
which have been reluctant to become
members of the agency. The object
sought in the new effort to combine is
to group this oil and dispose of it in a
body or to market 1t in the regular
manner of dealers, as seems most prof
table, and those who have the mat
ter in hand say that there is no in
clination on the part of anyone to at
tempt to undo the work accomplished
in the past.
Rather, there is disposition to fur
ther increase the efficiency of that
work They all recognize that to the
Independent Producers agency is due
the credit of advancing prices to the
levels of the last few years and they
intend to assist in the maintenance of
these levels, but feel assured that they
can best do so by organizing a second
concern. They assert that if the un-
dertaking does not succeed, the oil will
never go back to the agency and con-
sequently it will remain such a menace
to the business as is measured by the
difference between solid group and
a disunited assortment of producers,
each bidding against the others and
against every other operator in the
state.
Those agency members who have
been asked to express an opinion of
the probable result upon their organ
| ization of the creation of a new COM
bination are divided in sentiment some
| believing that a second association
would be better for the industry gen.
orally than to proceed under present
conditions, While others object to it on
the ground that nothing is desirable
which is not necessary and assert that
producers contemplating the new move
can secure at once by joining the In
dependent agency more than they can
reasonably hope to obtain during a
long period of years otherwise, and ad-
mitting that the outside producers dis
turb the business by remaining outside
contend that a still greater disturb
ance would be found should a strong,
united factor be brought into exist
ence.
Los Angeles herald., 1910-07-23
MILWAUKEE MAN Gets
CHERRY HILL PROPERTY
BugIer Group of Claims viii Be
Extensively Developed
by New Owner

PRESCOTT, July 22.-According to
of the Bugler group of mines, on
Cherry creek, has been made to c. N.
Smith of Milwaukee, and the purpose
of the new owner is to begin operations
within the next thirty days. Mr.. Smith
writes that he is arranging his personal
affairs, and will arrive in the next few
weeks to take personal charge of the
work.
The Bugler mines were formerly
owned by the Arizona Copper Gold
Mines company. They are situated in
the lower end of Cherry creek, adjoin-
ing the east side lines of the Hillside
Consolidated, being southerly extern
sions of the Eta mine.
Under the ownership of the above
company a vast amount of develop
ment was done. Two tunnels, one of
SO and the other of 165 feet are shown,
with shafts of go, 80 and a number of
20 feet in depth.
The new syndicate will place a
Kirksby mill on the ground, and will
introduce the Kirk system of concen-
tration. In the meantime the mill of
the Arizona Copper-Gold company,
located on the Prize mining claim, will
be used to make tests of the yield.
An extensive plan of mine work is
the first consideration to be followed
out by the new company, and with
the good showing made at several
points the new company anticipates
success.
Mr.. Smith is also a large stock
holder in the Arizona Copper Gold
company, and has devoted considerable
time toward exploiting the Bugler
group in previous visits made to the
district
Los Angeles herald., 1910-07-23
COURTLAND GOLD STRIKE
CONTINUES TO STAND UP

COURTLAND, Ariz., July 2,-The
excitement continues in Courtland
over the reported discovery of gold ore
in a vein of twelve feet wide, all min
eral bearing, on the property of Cum
mings g. Wolcott of Tombstone. The
Copper Queen company has sampled
the vein, taking thirty-fiVe sacks Of
ore for a mill run at Douglas, TO de-
termine whether to purchase the mine
The hanging wall is porphyry, while
the supposed footwall is limestone
But the limestone is suspected of
being an interloper and not the true
wall for it is said to carry much
quartz which has gold values.
The twelve feet of ore between these
walls is all of one kind, except some
rich stringers, a sample of which, it
is claimed, assayed $4,000 a ton This
came from the depth of 100 feet from
a streak carrying gold, silver and lead.
Los Angeles herald., 1910-07-23
CoALlNGA BRIEFS

COALINGA, July &c. G. Wilcox
is erecting q new rig on the north halt
of the north half of section 2O-2O-l6,
on the COalinga anticline, and Will
commence drilling for the same sand
which has been reached in the w. *.
and the Mohawk and which the South
eastern Is now working for. There Is
considerable movement in this section
of the field of late, and many new rigs
are being erected. This movement is
dependent upon the belief that the
Coalinga anticline is underlaid with
the most prolific body of oil sand In the
field
The Boychester, on IS, 21-18, landed
the string Of eight-inch casing yester-
day at little over 200 feet on hard
shell and successfully shut off water.
The drill is expected to go into the
pay sand within the next fifty or one
hundred feet
The Security is drilling through a
water sand at about POO feet feet deep
and these peoplpe expect to strike a
shell within a few feet where the water
will be shut off in 63s-inch casing
The SA-inch casing was taken to a
depth of 2640 feet
The Valley well No. ! is down 300
feet. The derrick for well No. 2 is up
and ready for rigging up, but viii not
be placed in condition for spudding in
till the No ! well has been completed
Six Acres Oil company, on 6, 21-15, is
down 1885 feet with the ten-inch
casing at noon today and expects to
land the ten-inch string at about 205O
feet.
The Castle Oil company, on 4-2O-15
is down about 1000 feet and making
good progress.
The africa Oil company is erecting
a new rig on its lease.
Los Angeles herald., 1910-07-23
METAL MARKETS

NEW YORK, July 22.-standard Copper dull:
spot, July, August, September and October
Sl160ql2.25. London easy; spot, G54 lis Sd i;
futures, s55 IS 3D. No arrivals were re-
ported at New York. Commission house howed
exports of 5,475 tons so far this month. Local
dealers report a firm market for copper, quot
ing lake at $12. 621ha12 S7la; electrolytc S1237l,
d12.50, and casting, s12 126@1225.
Tin easy; spot, s33. .15d33 50; July, S33. 0OD
SO 60; August, s32 37isd32. so; September, S32 so
dS2,S0 October, s32 60d32 30 London steady;
spot, 9149 IS; futures e15O Is Cd.
Lead quiet; AS bid New York. s4.25l5G4. 80
East ST. Louis. London spot 912 lis Sd
Spelter quiet; spot, s5.5OGI5.60 New York,
rs Sd.
Iron-Cleveand warrants closed at ASS 10d
in London. Locally iron was quiet; No l
foundry northern, s16,50d1G.75; No. 2, $4,000
16. 25 No. l southern, S1625d16.75; No, l
southern soft s16.OOa16.25.
Los Angeles herald., 1910-07-23
From Mines and Oil Fields
UNITED TO DELIVER
$4,000 BARRELS OF
OIL DURING JULY

TAFT. July 22.-A liner has been put
in well No. 6 of the United Oil company
on section G, 1928, and the well is flow
ing 500 barrels day, steady as clock
The hole is clearing nicely of sand and
the gas pressure is getting heavier. lead
to flow between the castings.
The United now has five wells on pro-
duction, Nos. /, ., 8, ) and 6, and will
deliver $4,000 barrels to the standard on
a contract at 65 cents this month. Well
No. Is being drilled for deep sand
that is believed to underIie that section
of the field.
Los Angeles herald., 1910-07-23
MIDWAY NORTHERN WILL
MARKET ITS PRODUCTION

MARICOPA, July pa pipe line is
being laid from the Midway Northern
on the northwest quarter of section 80,
1928, to the New Center, and this COM
pany will market the production for
the time being. The New Center has
contracts with three railroads and one
refinery. AS the Midway Northern oil
is of % gravity, it will probably go to
the refinery.
Theer is no truth in a story printed
in a Bakersfield paper that the derrick
Of the Midway Northern was de-
stroyed by a mob of invaders. The
company has not been molested in any
way. The we'll is under control and
viii be allowed to stand until the pipe
line is completed.
Work will start on well No. 2 as
soon as the pipe line for the delivery
of No ] product is finished.
S. NJ. Warmbath. secretary treasurer
and manager for the company, Is at
the property, directing operations.
Los Angeles herald., 1910-07-23
SECOND SHIFT AT WORK

PARADISE, Ariz. July ga second
shift has been put to work at the
Leadville shaft of the c. & P. COM
pany. A third shift of miners will be
put on this month. Mining timbers
and lumber and sheet iron roofing are
being hauled to the camp.
In addition to stopping on reaching
the 200foot level. the company plans
running a crosscut from that level to
the Colorado vein to prove it's value
with depth, the latter vein being on an
adjoining and parallel claim to the
LeadVlle.
Los Angeles herald., 1910-07-23
YOUTH DROWNED

SEATTLE, July 22.-Early Thornton
10 years old, was drowned in the bay
yesterday when a roHboat in which he
and a younger brother were riding cap
sized. The boys father, John I. Thorn
ton, jumped into the water to aid his
younger son. who could not swim, and
before he had him safely on shore the
older boy became exhausted and
drowned.
Los Angeles herald., 1910-07-23
Shipping News

SAN PEDRO, July 22.-Arrived-Steamer
Beaver from Portland via san Francisco
steamer santa Rosa from san Francisco via
Santa Barbara and Redondo Beach; power
schooner Santa Rosa Island from Santa
Rosa island SaiIed-U. ), torpedo boats
Lawrence, Rowan, Paul Jones' Goldsborough
Preble and Perry for san Diego; steamer j.
J. Logic for Eureka; steamer Bandon for
Coquille river via San Francisco: steamer
Ca,listrano for Redondo Beach, schooner w
H. Smith for Port Townsend.
Los Angeles herald., 1910-07-23
PITTsBURG

PITTSBURG, July 22.-Three cars sold,
market steady on both oranges and lemons;
warm.
VALENCIAS-Clown, Fly Spar F Co, $40;
Del Orc, Ch Sparr f Co. S355; yellow
Beauties A High $2.O5; Craekshot. Or Spar
F Co, $500; Eagle, A f High, $500.
SWEETS-Clown, Fly Sparr + Co. Sil0; Del
Orc, Ch Sparr Co. S315.
LEMONS-Crackshot, Or Sparr co, A.95;
Defender Xc Altland L Co. $50; Defender
Xc Atlanta f Co, $3.50; Del Monte, 81 %.
NAVELS-Defender. $500; Del Monte, $1.9O;
Yellow Beauties. $780,
SWEETS-Yellow Beauties, $.70
ST. MICHAELS-$1.3
Los Angeles herald., 1910-07-23
BOSTON

BOSTON, July 22-Four cars sold; cloudy,
muggy; market unchanged oranges, easier
on lemons.
LEMoNs-Royal, Q Corona, $780, Pet,
A Elk. $5.45.
GRAPEFRUIT-Extra Choice. Rose
Grams, $1,90; std S14O; Puritan, S Elk,
S5.45: Rialto sails.
MICHAELS-Puritan, $3.50.
HALVES-Puritan, 81. 80.
Los Angeles herald., 1910-07-23
BUBBLES OVER TOP

With the hole just two feet in an
apparently rich sand, the Coin well on
section 4-3122, in the very extreme
northern Midway field, has been for
three days bubbling up just over the
casing, according to a telegram yes
terday.
Los Angeles herald., 1910-07-23
NEW YORK

NEW YORK, July 22.-Four cars oranges
sold; market unchanged the weather is cloudy
muggy.
SEEDLINGS-Tit Ranch, Fly san Marino
G A, $3.50; Ell Toreador, Sd San Marino
G A, $3.50.
VALENCIAS-San Rafael, Fly II w Bailey
81 90: san Pasqual Ch II w Bailey, 1870;
Don Quixote S4.15; Blue Banner. Pioneer F
Co, SS75; Pride of West. Pioneer f Co. $2.G0.
Los Angeles herald., 1910-07-23
CLEVELAND

CLEVELAND. July 22.-One car bloods, one
mixed and two lemons sold; market unchanged
on oranges, improving on lemons; hot yes
terday; cooler cloudy today; rain predicted.
LEMONS-Coyote, o X EX, S.25; Trail,
Lamanda C A. s4.45; Old Glory @ Corona.
S. 40; Canon. Sierra Lamanda a, $40.
VALENCIAS-Trail. S22O.
BLOODS-Coyote, s.. As
HALNES--Quall, $li5.
Los Angeles herald., 1910-07-23
PHIADEIPHIA

PHILADELPHIA, July 22.-One car Valen-
cias, Seeding sold
VALENCIAS-Blue Banner, Pioneer Co.,
$325; Pride of West, Pioneer Co. $40.
SEEDLINGS-Hea Good Fly Pattee &
Lette, $780, California, Ch j. Curtis f Co, $l.SG,
Los Angeles herald., 1910-07-23
ST I0TIS

ST. LOUIS, July 22,-Warm; market firm on
good fruit: two cars lemons sold,
I.EMONS-A1 Azar. a c G Azusa, $40; FL
Toro, Sd c c U, 1895; Green Crown, A G
Azusa, $3.50.
Los Angeles herald., 1910-07-23
BOSTON MINING STOCKS
Special service TO The Herald by ]. c. VII
son, 2l2 West Fifth street. Los Angeles.

BOSTON, July 22-Fairly reliable stories were
circulated this morning that the large produc-
ing interests had agreed TO a general curtail-
ment, but instead OF affecting the market raw
orably It seemed to be the signal for renewed
liquidation all through the list.
n1,ntnt closed follows:
Los Angeles herald., 1910-07-23
sAN FRANcIsco. Luly 22.-EollowLng wer.

sales-10O Blue Moon %; 300 New Pennsyl-
vania 1.O7ls; 800 Pacific States 80; 100 Palmer
80; 600 do 1.47i5; 10 Union 1880.