Arizona republican., 1911-02-26
JACKL|NG IS
OPTIMISTIC
Father ofPorphyries" Takes
Hopeful View
THE SITUATION At MIAMI
Report of Intellectual At
tempt to Start Smelter Is
Denied Mohave County
Properties Are Shipping
Ore Some Gold Strikes.

on receipt Of the January statement
of the Copper Producers association
showing IN increase in the stock of
the metal unsold. d G. Jackling. vice
president of the United Copper com
pany and head Of the Guggenheiu'S
disseminated copper interests i'm the
West, was asked for an opinion. He
made this comment:
Il do not view the published in
crease of copper stocks and the de-
crease i'm exports as Indicating any
thing at all unusual or unexpected
The increase of stocks was 10 be eN-
pected because 1T or near the close
Of the year il is the custom of the
producers and refineries To clean up
their stocks of unfinished copper
down To as low Il margin as pOssi-
bic in order TO show accurately the
past years results. and ii * quite
natural. therefore. that the close of
the year should see refineries re-
ceiving large consignments OF unfin-
ished copper, and the refineries be-
stirring themselves To put as much
of these abnormal consignments in
10 finished form as possible. An an
.tlysis of all the best information
l can SECURE lllulCdtFS ~ iilt NildN btitn
the commercial and the technical p0-
sition of copper metal is excellent"
Having recovered from the s;upe-
faction caused by the discovery that
il is more pauper than prince,
Utah Consolidated OF Bingham. has
set about the repair al its shattered
fortunes As the first step in this
direction il has made arrangements
To sink a new three compartment
working shaft from the 700-foOt tun-
mel level The company is enCour
aged To- go deeper by the showing on
the tenth level which has been eX-
pl0red By means OF wines. The new
working shaft viii reduce operating
expense. II is claimed that 10000
tons of ore averaging 2ts per cent
copper has been added Ia the ton
mage In sight by the development on
the tenth.
Local developments regarding the
Ohio Copper are very meager. some
interest was aroused here by a re-
port that Colin Mcintosh would re-
sumo the management of the property
If the HeinZe control fell into strong
er hands Another statement pur-
porting To be authentic has IL that
the Rio Grande railroad. in taking
over the Mascotte tunnel, will sign
4 contract TO transport the ore from
the mine to the mill for the next
30 years at the rate of - cents a
| ton.
The Utah Metal company. II Is
announced here. will issue new
series of bonds in the place of the
Sa5O,O 900 of bingham Central and
! bingham Standard bonds taken over
| with those properties and now ma =
tured The new series will run for
I five years from date. ana De con :
vertjhle into Utah Metal shares at
| s. share.
Miami Smelter Ready.
Reports circulated in the East 81
an Intellectual attempt 10 operate
the Miami concentrating plant are
cause of establishment IN TINS us
trict states the Globe correspondent
| of the Daily Mining Record III
view of the fact that the power
plant. which is 10 furnish the mo-
! tive mower for the concentrates, was
turned over to the company Only tiiiS
: week. and the further circumstance
, that the pipe line that VIII convey
/ the waite, from Burch To the mil IS
/ sin incomDlete, il may be seen tha'
/ any attempt to operate the conceh-
traitor would he impossible
THAT there could lac no reaSonap G
,,-o,,nd for the rumor of an attempt
/ IN run ore through the concentrate
NOV also he inferred from the IN
! completeness of the hosting h'dChih-
o,, The cable has not yet been
| wound upon the engine ana the SHIPS
/ that will be used To lift the ore
ing upon the dump near the Sha,'.
however, the plant Is Nn'u',iiH
ready for operation. ana VIII
Gin it's functions by the liS' vi
Narcb at the latest. one oil the
mower plants generators WIN De
! ,u,ned over by the manufacturers
-, Monday. and the water pipes
In no laid and connected within
week.
Mohavs Producers.
-rbirtoen teams are hauling from
/ ,,a papner nine ut Stockton Hill' the
ore being shipped I" the r.
smelter. Teams are beihs sSi'
Champion mine. which properly "
nected to send ont 40 tons daily' Sly
a Kingman dispatch. FROM inc wv
mines about 100 tons daily wiz w
sent 10 the smelter. which, coinpine''
with the ores from other proper ''es'
win Give the smelter at Neeuies
large tonnage from this country
The Ranner and Champion ores are
high i'm lead values. besides car E"'s
gnod values i'm gold and silver. As
soon as the Tennessee mlhe - Pu'
in the producing class the c""'i''nS
will have solved the ore pf"pien' i''
the big smeltsr at Needles.
John BOYLE Jr., general manager u
9 Union Basin Mining company was
\ Kiupman visitor not long ago anu
reports the mine and mill running
! smoothly. About IS men are employed