The copper era., 1910-12-16

higher metal market and increasing dividends to encourage them, inves- tors and the public will be buying coprers eagerly at much higher prices.
 OLD DOMINION.
 Predictions by the management of old Dominion that costs would event uaIlv be reduced to 10 cents a pound have been more than made good, as may be judged by the fact that costs for August were somewhat below 10 cents, while those for September were still nearer 9 cents and for Oc- tober are understood to have been actually, if not somewhat less than 9 cents a pound. What makes this achievement all the more remark able is the fact that, so far from hay ing made any attempt to push pro- ductiou, the company has made a considerable curtailment of output, that for the present year promising to be approximately 6,OOO, ,OOO less than the production for. last year.
 LUBRICATING OIL TEST
 -Lelo Mcdowell left Thursday morn ing for his home in Los Angeles, af- ter spending 30 days here making lu- bricating tests at the plant of the Arizoia Copper Company in an eX- pertinent in the interest of economy in lubricating oil. MT. McDowell is the representative of the Standard Oil Company in this matter. He was joined here Wednesday by H. T. Powell, assistant manager from Los Angeles, and in company with MT. Paine, local representative, a tour of the district was made.
 GOLD EAR MINING COMPANY.
 Other prominent visitors to the dis trict this week were H. I. Wilson and J. c. McWhite, from Butte, Montana. Both of these gentlemen are heavily interested in the Gold Bar Mining Company which has been operating for the past several months under the efficient management of MT. O'Neil. Messrs. McWhite and Will son have been interested with August Heinze in mining operations at Butte and other points for several years past. These gentlemen spent two days in the district in company with Manager Elliott, examining the prop erty of the company, about eight miles from Clifton and consisting of 16 claims. It is a matter of congrat- ulatiOn that such mining men as Messrs. Wilson and McWhite are in- terested in the district. They left for San Francisco on Monday morn ing and to representative of the ERA expressed themselves well pleased with the development work 53 far wh.,a is being prosecuted with Ite5r ay.4-fefo, Of IS men. Impor- -s snt d,v-.arn -nts are expected at -a.s prop tJr with the completion of -b- next i5J or 200 feet of develop uent work.
 A. G C co. PRODUCTION.
 The month of November was rec ord breaker for the Arizona Copper Company, more copper having been produced during that month than for any other month in the history of the | Now comes the report that he month Of December will see a | till greater production than the month of November, and bigger .hings are ahead for the new year.
 IN FOR SUPPLIES.
 George W. Williams and Willis | James were in the city yesterday | liter supplies. These old timers are leavy owners in the Millionaire group | md others and the development work | ,u this properties goes steadily on without interruption.
 DOING ASSESSMENT WORK
 Drew Underwood and Ed Blacketer ! lave taken a contract for doing the .s-essment work on the Keystone | rroup owned by Elliott and Wright | nd adi1iuiug the Coronado miue. D tGe No. 8 claim this week gcOd | Ire was encountered in the tunaei .hicl returned an assay of p per eut. copper. Eighteen men are em ,loyed and the work will all be com. ,leted by the hrst of the year.
 PHELPS, DODGE 6 co.
 Phelps, Dodge x company has de- Jared a regular quarterly dividend | f 52.5). and an extra dividend of 8, ,ayable Dec. 30, to stock of record Dec. %.
 Old Dominion has declared a egular quarterly dividend of D cents share. This company is now pro- ucing its copper at cost of nine ents a pound, including expenses of very kind. It is earning at tbe rate if over 50 cents a share quarterly, nd the prospects are that it's net ,rof-s will continue to increase very apidly.
 E % Xmas Gift.