Mohave County miner., 1911-05-20
Interesting Data Of
 Bisbee Mines,

A Risbee dispatch says:-It takes time to open, equIp and develop mod eru copper mlnes to that stage where they can pay dividend on their capi- tai stock. It does not usually require as much time in the Bisbee, Arizona, camp as in the Lake Superior country, or so long as it usually does in Mon- tana. In Michigan it may take doz- en years to get the shafts down and levels opened sufficiently for to feed q modern stamp mill all the rock it can devour. A large volume of rock daily is necessary to the success of the enterprise because the copper in the rock may yield only a trihe better than 1 per cent.
 And it is a remarkable fact that there are comparatively few paying properties in each of the many camps in the country. Bisbee, in it's thirty years development, can boast only four. The Copper Queen was a win ner from the start, and it was earning dividends in the second year of its operation, this being possible because its original ores Outcropped, were very rich in copper and the precious metals, and copper was at that time selling for better than 20 cents per pound. Copper Queen has been a great money maker and its earnings are represented in various ways in the great Southwest. It has mines of cop per and coal, of iron and lead; it has railways and great landed possessions, and it has been a splendid earner throughout its history.
 It was many years before Calumet & Arizona followed the Copper Queen in developing a mine, and with one result it was practically in the front yard of the original Bisbee company. It was the same kind of ore, in the same formation and very close to the known ore bodies of the initial com pany of this camp. Calumet & Ari- zona had some troubles, but it found i ores at about 750 feet below surface, and dividends quickly followed because copper was selling at good level and the ores were wonderfully rich, the m ne being bonanza in the fullest m assure of the term. Nearly l ,OOO,- o B have been paid out by the com pany in the few years it has been in operation.
 Shattuck-Arizona, holding claims adjoining Calumet & Arizona, was the third company in Bis ee to enter the rank of dividend payers at that place. Its ores were very rich and made money rapidly. The mine is still working, and while there have been rumors that it may cut its divi- dend. or pass it altogether for a time while it is making some desired i'm provements, we have nothing official concerning this. The company has been doing some talking about build ing it's own shelter, but as we under stand it they have a very favorable contract with the Copper Queen com pany which has one of the best smelt- CTS in the Southwest at Douglas, twenty-six miles distant, to which point there is a down-hIll pull from the mines, and where there is an abundance of pure water for smelling aly hoe paying quarterly dividends of Is per share, which is almost 100 good for such market as is now being ex- perienced. The mine has been a very rich one, else it could not have main- tained such a rate. The stock has been very low on the exchanges, based on the dividend performance of the company.
 Superior & Pittsburg Copper Com. entered the list of dividend payers on the 17th of April, when it paid 86 cents a share to its shareholders. As we said in the heading of this article the money was very much appreciat- ed. A lot of the stock is held in the Lake Superior country, where the most of it's officers and directors reside and where it's original launchers also have residences, and the recent dis bursement was long waited for, the time having been greater than mines heretofore mentioned had required to get into the dividend-paying column.