Bisbee daily review., 1910-12-18
WALKER TELLS
 SAME STORY IF
 IMPROVEMENTS
tsy Geo. L. yalker)


 the metal has held very strong throughout the recent period of de clining copper share values. This fact is mentioned because il is un- usual. Heretofore every bad break in the coppers has been reflected sys- tematieaily in the metal market Just at present consumers both at home and abroad seem to feel that metal prices are more likely to advance than to decline. and they are buying to cover February and March re quirements. The foreign demand for copper continues strong.
 The Copper Producers statement covering the month Of November showed further decrease Of s,s72,- S45 pounds in the American surplus This together with the decrease 'f 4.910,140 pounds in the foreign wis ible supply, makes the total reduc- ton in the worlds surplus during November Is,7s2.ss5 pounds. This is only slightly below the average de crease. about i5.000.o00 pounds monthly. which has been going on since July
 The November production and i'm ports showed considerable decrease as expected; but this was slightly more than balanced by a falling off of 7.0i2,IS0 pounds in domestic de liveries. and 762.5ss pounds in ex- ports. November was a 30-day IT ~-b~ -o~'1a-'~g with Oetoters 31 days, this explaining in part the re duced figures all around
 The continuing decrease in the. worlds accumulated sopper mems metal prices in tho hs't very distant future. Ts~ surplus, which stood al oyer f01 100000 pounds July this year, had declined to 323.5S9 069 pounds Dec. l. During the coming six months the shripkage should b. much more pronouncei even than in the immediate past. The metal siha tion is improving as rapidly as could Ieasoably be expected
 The weakness of the general mar ket and the extremely disappointine I statement issued by the Utah Con i solidated arrangement precipitatef 1 free selling of coppers and caused ] them to decline sharply t7Is week . The Utah Cons 0lidated incident has done more to discredit coppe- sto"Es in the public mind than anything i that has happened previously. Some ! how the public is always wilIi"g to !. take the chance of unfavorable re- ! suits from exploratory and develop ment work: but the dispo"rapce. ! with1It satisfactory explanation, f S00,OO0 tons of ore. previously de- clared to be blocked out, creates a new situation which in a time Ike the present tends to sbatter the lit tie public confidence that remains,
 Even such incidents as that re- ferred to will not prevent shrewd and far-seeing speculative interests from buying. ycoppers at their pres ct low level of prices. Fortunately the market was very well lIqua1ated so far as nargined speculative ac- counts were concerned, and those holders having their stocks paid for were not obliged to sell. The metal situation is improving very rapidly and it is known that the largest producing interests are working to- Setber to further strengthen it Within six months or year the recent unfavorabIe developments wiil have been rgotten, and with h;gf CT metal market and inere sing divi- dends to encourage them. investiga- tors an dthe public win be buy nst coppeFs eagerly, at much higher prices.
 Live Cal's drill hole No. S4. which is down 535 feet has been for a considerable distance in cra running over [ per cent cooper. and the average of the whole distance in ore is 3 per cent. Iris is d. ciared Co mesn larse eyteE'=i n O. the Live Oak ore body and an IT, crease in the average grade.
 Tie tire Oals co-nnanv $ now pu ting down holes along the borde7 line between its property and tha, of the Boston Miami, whiek IS now controlled, by Arizona CaHanea- Whether hole No 34 is iB clat area eaEn~t be stated definitely Toe Live Osk manasement believe. t1Gever. tfafits. ore extends at least 70 the Boston Miami iine
 OId Dominion has dec,arei reg- ula- quarterly dividend of g5 cent a share This company Is now Erro-i daeing it's copper at a cost of nine cents pound iDcladips exDerses O every kind It is earning st the rstc of over 70 cents share qua-. tsTly. and the. pcospects are tsat it's ne pr7fits vill continue to increase very rapifiy.
 inspiration $ now declared tof have I4.ss3 600 tens of ore sveragipG ? or per cent canyer fully s'evel- ored. and 5. e2 9 t~- do-i veioped. m5kin~ . soi Q 0Va tons averaging 2 pef per And this ere is Tn en area Oi 29e acres. entirely ., the eastern par