davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
RECORDED LEASES.
With nam. and address Of lessee.

AMSTERDAM AVE 1877 store; stcl cath
arine Flynn 20 Charles schlecht Is7 In
sterdam ave; yrs from May !, 1913; $500;
'' PRIR s' 1900 and 1909 GhIrd loto;
Model Realty 90 20 Julius strauss Corporauon,
YRS from Feb /. 1913; sa.60O' address 10
on G6 4, RTLANDr AVE; o5i Cs,ore. .tc,; Eugene
+ Busher 20 Charles Kuhn: yrs from NOV l.
1918; 81 100: address, l6' East l 81 st ,oa
store etc,; Audinet Gilbert ct a. 10 oa iage
Schwartz and ano. 3 yrs from May j. 1870
81 40. address. 727 East l5sth st. 80, VII,
CoTJNBIA ST es (store, etc); lsldor Won
70 robias Wolf: ) VT. from May l, 1872 $50;
address g8 Columbia ct
ESSEX st. SIS and 81 -four upper noors,,
Grand Delaney c. 70 Harris Jar 81 Ind
10 MTrSDsoN ST. css (store. ete,; Elizabeth y
Hasbrouck to Edward Wohls,edter ana A"o' y
''ss; ossATHER ~ sOuLEVARD, 1913 q story
building: the ~ NJ Corporation 70
I. 1912; $500. address. 1926 Southern Bouis-
VI" FREMONT AVE. $50 n,ore,: John Pod doll !
20 Mary Francois; 3 yrs from Jan l. AoA0'
sizes: address $50 fremont ave.
isT AVE, "a Cbu!ldinx); Morris 1one 70
Mendei BaskInd; 8 yrs from Dec 10. 1917; w.
c.o' address, ioT Forsyth at. 90.
Oh AVE. lIoi. sw cor 6ath at talD; 10
s.nhips del Drago TO Thomas Kelly; yrs ana
mos from Dec 1. 1912; 5000; address $50
sTH AVE, 1850 U,ors): Frederick Forster
20 Andrew Leary, 3 yrs from Oct l. ielZ'
So 80, address 3O5 west l1eth st. ,,>.
an ST, q west. cor Wooster 81 ,arp;
vahan z Boyajian 20 Tpny Ior Tony be e,,ol
yrs from Dec l, 1912; $3.50: address, llV'
i0eTH ST. 234 Eas. west stored; NicoIo
Cascio 10 Agnesa Miglarese. yr ana I mos
IRON Dec /. 1912; $500; address ZSZ Ea''
i2BTH ST. 1le West (alp; Frank Wainer 70
Kslmus Bros Qnc) ct al: 10 yrs from May l.
1914; $4,000; address, 100 West i-oth 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27

"dTTdkhdis
AVE B. lss 4 Of i2 n 81 ISsA 20,
West I27th o. prior mtg $4,000; Dec "a
/ yr; per cent: $1,000; attorneys Nash d
Jones caTR r. n SLIP. ". 90 # OF Cherry
a, 2ox4o Patsy Gsrone TO Milia Anzone. 1856
cherry st; sept IS (prior mtg $4,000 yrs
FORT WAsHfNGroN AVE. cor 1924
a. iO2 sx-; Hllliard Construction 90 10 Title
Insurance co. t35 Broadway; Dec i; yrs
SAME PROPERTY: same to Montrose Real
" co. 135 broadway: Dec IL (prior mtg $50
ooo), 2 yrs: per cent; $4,000; attorney Same
FORT WASHINGTON AVE. s W cor 1874
st i02sxl4t7; Riverside Viaduot Realty co
10 Germana Life Insurance CO. 80 ~ Union
P DSo 2S dq R.s as PsEE ROW
SAME PROPERTY; same to Kentin Realty
Co 1875 Broadway: Dec % (prlor mtg $500, 900 Il:
yr: yer cent; $4,000; attorneys, Levy Corn
HILLSIDE AVE ", a, .. Magic ave:
239 tx: Psaty Construction Co 10 Prospect
CO. fqT T Per cent n 81, Bs q s P2-
nsv. " Collins, ~ Wall ct
LEXINGTON AVE, 1904. coox55; Claire ]
Togshsw to Julia Nr ,S extS % r, pS psr
cent: So 500: attornev. Lawyers Title Insurance
and Trust Co. 100 Broadway.
rnrber 10 sslo cohn. SO East sist st: Dec 20
prior mtg $4,000. 2 yrs; per cent; 5000;
attorneys. RosAnthsl & Rosenthal. Rector ST.
NEW ST rre at Pauline Maiap anG Mary sraSo
Bogardus to Hannah Madden 1o4 Clinton ave;
oct J: yrs; si,t00; attorney, A Page Smith,
PARK AVE. n e cor 10th 81. fO2 KISS; Akron
Building 60 10 Metropolitan Life Insurance 60.
Madison ave: Dec 20; due Oct l. 1917: per
cent: $500 900; attorneys Woodford Bovee &
WOOSTER ST. 10l and i03. 4o.10x-; Leon
Tsusnbaum to Theodore Beran, l West 6ith
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
MORE ACTIVITY IN DYCKMAN SECTION
Construction Company Buys Large Triangular Plot and Will
Erect Two Six Story Apartment Houses on Site.
lDJCATE TO GET RIVERSIDE DRIVE CORNER PARCEL

Johnson and Arthur S. Corbin comprise
the firm.
Alfred Olenlcll has placed the following
mortgage loans: First mortgages, Wah-
lig & Sonsin Company, $4,000, property
No. 922 Morris avenue, and $4,000, prop
erty No. 925 Morris avenue; also $4,000
on property No. 81 Essex street, also
second mortgages, 5000 on property No.
80 West 1lsth street, 5000 on property
No. 32S Madison street and 5000 on prop
cry No. .634 First avenue.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
REALTY NOTES.

The Title Guarantee aud Trust Com
pany has loaned $4,000 to the Comfort
Realty Company on the six-story eleva-
tor apartment In course Of construction
at the southwest corner OF 1slst street
and Pinehurst avenue.
Pease g. Gilman have been appointed
agents of the houses Nos. ?l3, 223 and
225 West 10th street.
Slawson &, Hobbs negotiated the sale
OF No. ia West 18th street to Daniel B.
Freedman.
Edgar r. Kingsley represented Fred
erick d. Malone in the purchase of No.
$50 Greenwich street
The firm OF Gordon, Dunn & Co. has
been Incorporated and has taken Offices
al No. al Broadway for the transaction
OF general real estate business. Gordon
Dunn, Lowry W. Statler, Charles F. II.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
LIVESTOCK MARKETS.
New York. December %.

New York, December &c 1912.
BEENEs-Receipts. 12S care, or g.35s
head: j. cars on sao. TRADE active, and on
light receipts prices were firm and 15425c
higher, with a full clearance OF the yards
Medium 70 good steers sold at Sass IL per
100 NJ bulls, 81 40qs6 30; COWS. S39s5 80: A
car OF very choice fat Ohio cows at 81 so:
heifers 50 6OGS7 IS. Dressed beef steady: ma
tive sides, l0GlSl2o per 10; Texas beef. 90
1910.
ssles-s Sanders: 100 Pennsylvania steers.
1893 n. s. rs: 81 I20 H. IS 20; u oxen i10l
ID. 50 30; 2 heifers, 1850 10. 81 rs; . COWS, 740
ID, So rs.
Newton & Co: "a Tennessee steers. 1910 10.
IS Is; l, 1920 10. 81; / bull. 1850 NJ. So ~.
Mcpherson & Co.: 81 Virginia steers. l12l NJ.
81 So; bulls. 6i3 10 81 40; cows. $50 n.
SO %: 2. $50 10. 50 %; 1. 1850 10 81 10.
kerns Commission Co: 10 Ohio cows. 12i2
H. 81 60; 20. HOS N. So 80.
1obin & shannon bull, Gao 10. 81 -. 4
COWS. 1865 10, s. 80: s. $40 N. 81 IS: T. 7S6 NJ,
So IS: 4. 7l3 NJ. So
Andrew Mullen: OK ITO 10. So 80: l. 1140
10. s. 80. I bull. $50 n, s. 10: = cows. $50 10.
50 co. l. $50 10, 81 rs; IL, 900 10. 50 60; / fresh
cow Sf7 90.
J. G. Curtis & Son: bull. $50 n. S.. /
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
LIE METAL MARKETS.

COPPTR-Tho local street market We, quiet
and unchanged vith lake and elsctrol, TIC
quoted At s2iidITS7isc. and casting At
II 25a17.37iac standard copper on the Metal
Exchange was quiet. with spot. December
January. February and March quoted az ia
1Ta7izc. Arrival. at New York, $50 tons and
exports for the month thus far 23alS tons.
Tho London metal market was closed.
TIN Finn with spot and December quoted
81 ~ ojd 80 2ic: January 5O.t2iz d5O. DC; Feb
ruary. 5Oa5O 12lzc March and April. $500
80 &c.
LEAD-Quiet a, 42Oc in New York and
4lOd4 20o East St Louis -
SPELTER-Quiet; New York spot 1.2On
74oc. and East 81. Louis. 1907 25c.
IRON-Locally vss quiet and unchanged.
with No foundry Northern quoted AZ SIS 6Vd
$40: No g Slsdsls so: No Southern, fis 2jen
SO and soft, SIS 25dS1s IS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
IN THE AUCTION MARKET.

The following transactions were record
ed yesterday at the Real Estate EN-
change salesroom, Nos. IA and 10 Vesey
street:
BY Joseph p. Day.
ST NICHOLAS AVE. Gas 10 $40. 8. OLD
II Of l5sth st. 77sxS2 7x74 l0x6l IL sly
fathouse; sold 10 the plaintiff for $'l,Ios'
also.
sOTH ST. sos and 5o7 East, =. 1913 II 3 OF
Ave A, 5OxlQ2.2; two sty storage Dogs
withdrawn.
Ia.TH sT, 200 and o22 West. SIS. 100 10 n
OF Broadway, 32I1I02. sty tenns ana
stores. sold 70 the plaintiff for $4,000.
AT THE BRONX EXCHANGE.
BY Joseph r. Day.
MORRIS AVE, 1910 and 1912. 9, - II
~ le5tn 81. 86xs2e; two sty dTgs; al
iourned TO March 20.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
THE CROP MARKETS
Weather Affects the Grain Mar
kets. Wheat Gaining.

While there was nothing 10 sho" ma
the crop had suffered any damage a. ye''
there was sufficient bullish encourase-
ment in reports from the Southwest tha'
q blanket OF snow was needed over wheat
fields 10 send the July option up to an al
vance Of sc over Tuesdays close. Inc
same option advanced at all the winter
wheat points. and other contracts here
made net gains Of 1.a3s. Corn prices kept
within a narrow range, failing to snare
the strength of wheat OWNS to me
weather over the belt, the close being at
&C down to the same amount advance
from Tuesdays finish. oats were weak
all day. closing at a net loss of 1sc. Inc
coffee and Cotton exchanges were closed.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
SUES FOR DEATH IN AIR
Widow of Aeroplane Victim De.
mands $4,000 Insurance.

The first suit for damages for the death
Of an aeroplane passenger filed In this
county was brought h. Mrs. Daisy e.
Mason yesterday against the Ocean Acct
dent and Guarantee Company, Of Eng
l.. Mason.
Mr.. Mason was killed in London on May
- last while a passenger In an aeropane.
and his widow is suing TO recover $1,000
on an accident policy, which she says APP
plies to death in air flights as in any
other kind of accident The policy was
issued by the New York agent for the
London insurance company.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
SATISFIED MORTGAGES.
with name and address OF lenders attcrasyl
Manhattan.

Sd AVE. " cor OF 2sth 81, 25xs3.T; rrnS
%, 1903; Edw and Minnie Corey 20 Equitable
Trust co Of New York; S24, 900; attorney, Law
yers Title insurance Co. $50 Broadway
4TH AVE. cor Of 10th st, 25xlo22i psq
/, 1883; Ernest c and Imcks NJ Koernsr ~
Emlgrant Industrial Savings Bank; SIS 900,
attorneys, Woodford. Boyss q Butcher. u
Madison ave.
ODD ST, 232 East. 25xes.s; Sept II. isos,l
Mary r Mullsns TO Phillips and Lloyd Ph1ni&
and ano trus; $4,000; attorney, Title Guar
ante. and Trust Co, l76 Broadway
2sTH ST, and East; mtg on frturss;
Jan %. 1912; NJ Getsky 70 Quincy Elsva'os
Co; $1,000: attorney, Tito Insurance and
Trust CO. l35 Broadway. -.
AID ST, l07 West 20xlOo5; May IA 1901
& Realty co to Bowery Savings Bankr
$50 900: attorneys. Strong & Cadwalsdss -
Wall 81.
4tTH ST. 1Os West 1s. tOx10O4; Nov Is.
1907; william ] Kelly 70 Julie a House; $40, Z
coo; attorneys, Strong s. Cadwalader. 40 Wall
74TH ST, 236 East. 1S.sxio22i Aug is, 1912,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
COUNTRY PRODUCE MARKETS.

New York, December 2o, 1912.
BEANS AND PEAS-Receipts. 142 bags
beans; imports. 200 beans. e,422 peas. Cen
orally slow trading and weak. unsettled
MARKET Scotch and green peas lower
So so; medium. 81 25Q$4 80; pea, 81 ESQ
81 80; imported pea. $4@$4 90; red kidney
choice. 81 25ms4 35: white kidney, 50 700
IS so: lima. California. choice. SO 20a$ Sc 80;
PEAS, Scotch choice, So 1888 90; green,
imported 80 06$3 10
BUTTER--Receipts. G.144 pkgs. Buyers
wanted little fancy fresh creamery, and
ending II relatively scarce they willingly
paid their former rates, but demand for
other grades was light and feeling barely
steady. Creamery. extras. 10. 37n37Hc:
frsts. 32435c: seconds, 29a31c. thirds, 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
BROOKLYN SALES.

Meyer Levenson resold for the Leon
Friedland Realty Company to the Realty
Associates nine lots fronting on Nep-
tune avenue. between West 18th street
and West 20th street. Coney Island. The
same broker has also sold for the Realty
Associates the three story building No.
/ .665 East It'll street, on plot 4Oylao.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
NOTASsFs AND SYRl

Of a holiday character, with prices unchanged
and tone steady
NAVAL STORES-Sprits turpentine ruled
quiet and unchanged. Rosin dull and tar steady
ard unchanged.
OILS-Linseed oil steady at former quo
tatons Refined petroleum firm and un-
changed
RICE-steady: prices were unchanged.
With business moderate
sUGAR-Rehned quiet, steady and un-
changed, with graduated at 400. There was
a holiday at London to-day. The local market
for raw ruled steady and unchanged. Cen
trlfugai was quoted at 3.92c; muscovado. 9 42c
and molasses, 3.17c Receipts at four United
states ports for the week were 2.7l5 tons
asSinst I4,737 last week and ID 100 last year
Meetings.. % 900, against $4,000 and $4,000
stock. SO. $50, against AZ, s45 and fo6014
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
CHICAGO GRAIN AND PROVISIONS.

Chicago. Dec &c. Dry weather in the
Southwest was influential IN advancing the
wheat market 10 day. particularly the July de
livery. which closed isastc over Tuesday. May
gained iiaIc net Corn closed shade higher
n isal.c down and oats unchanged 70 isqtc
depressed. Provisions gained slightly In price.
Range OF prices:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
The Bronx.

BIRCH ST. . 5. 100 {, Of Chester ave-
29NlO0j; Michele Ceri 10 Agnes 6 " Rc-,i
eri London. England Dec =: yrs. g nsr
cent; 500; attorney. LAWYERS Title Insurance
and Trust Co. 100 Broadway.
BERGEN AVE, s " cor OF Grove st. GSgx
"a H. Benenson Realty co 10 RocklauI Realty
Co. 500 Willis ave; Dec &c: yr, g per cont.
SO go; attorney Lawyers Title Insurance ami
Trust Co, 100 Broadway.
INTERVALE AVE 99S. 2Jxl0O Tbous,
Griffen 10 Ellen Anderson. 3Jl East igJth 3,
Dec 20; 3 yrs, 81 per cent; SiG00: attornoys
Todd & st John, 2jS Broadway.
WASHINGTON AVE, o =. 1863 n n % Il
81. 75xl00; Mary y Fordham 10 Hahnemann
Hospital OF City of New York. GJ7 Park ave.
Dec 20: due Jan II. 1915: 8 per cent; Sl.OU:
attorney. II seymour, $50 Broadway.
WHITE PLAINS RID. $ cor OF 2l3th ST.
100 *; Charles w Cakes 10 John Rlegelmsn
1925 9Th ave; Dec 10: due as per bond; $40. 900,
attorney. Title Guarantee and Trust Co, l7B
Broadway.
Sd AVE, s. 1912 n s Of 10th ST, 72ax
oO9: Regina Peltin 10 John J Tuly Co. 1903
Boston rd Dec "A prior mtg $4,000; due
Jan l. 1918; per cent; $500.
172D ST, n 9, 800 IT OF Jerome ave, 81 X
-: Caroline G Back TO Title Guarantees and
Trust co. 176 Broadway; Dec %; due as per
bond; $3.50.
bath ST, s, 90 II W OF Decatur ave, 81
x95 .; John VI Ruhl 10 Emile Schulz. 16l Ess,
1l6th st: due az per bond; Dec 90; 5000,
attorney Mehling, 25S Broadway.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
EXPORTS OF APPLES.

Exports OF apples from United States
and Canadian ports for the week ended
December 81, furnished to Tho Tribune
by Lunham & Moore. Produce Exchange
freight brokers (boxes are counted as
three TO the barrel and totals given IN
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
SEED PRICES.

Toledo. Dec 2s.-CLovERsEED- Prime,
cash. I'll 30; December sii So February,
sl1 60 March, 81. ALS1kE-Prime,
cash. s12 90: December s12 10; March, sl3
TIMOTHY--Prime, cash. 81 95; December
81 e5, February, 81; March. SO o..
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27

st; Dec "a Cprior mtg $50 600; due as per
bond; sl2' 800: attorney, Title Guarante. ami
Trust Co. l16 Broadway.
18th ST. 8. 100 n OF Lewis ST. 3639x-:
Clinton Harris. eXr, to Dry Dock savings IN .
stitution. 34l B0wery: Dec 10; due as ner
bond; S3J, 900; attorney. + VI Tichenor. az
Park Row.
22D ST 282 East. 25x9s .: Catholic Church
OF the Epiphany. corp'n. 10 Emigrant Indus.
trial Savings Bank. u Chambers 81: Dec a..
~. Der cent: $4,000; attorney J seaman
u Chambers st.
53D ST. - East, lGxlOOJ: Charlotte W
Saenger TO William VI Sullivan, Rye. " Y.
DeN "A: yrs; $1,000; attorney. William N
sullivan. b Nassau 81.
GOTH ST. 210 East: sly brk. 2OxlOoE.
Minnie T Brown % Amy Montague Isl
East Str 81; Dec 20 prior mtg Sl5OO0. ,
yr q per cent: $1,000; attorney Title Guaren
tee and Trust 60. l1G Broadway
ll5TH ST. $50 East sty brk Gusenpa
Goduti TO T0mmaso Martella l33 West lois,
81 ,prior mtg $4,000: oct :: yrs 6 per cent:
Si.2OO: attorney \ Caccia POI BroadV ay
both ST. 252 West: 3 sty brk l5x9q II.
Louis Davis TO Mary G Laird. 742 ST Mich
olas ave. Dec y; 3 yrs: $500; attorncy WIZ
lam L Clare, l35 Broadway.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
REAL ESTATE FOR SALE oRro LET
BOROUGH OF BROOKLYN.
SIZE DAHI'S FAMILY HOUSES

SIZE DffI = ff1HII.I TVN SES
before buying elsewhere. Two 70 be sold.
Located At East 18th ST. and Ave !. Seven
|Iarge rooms. bath. all Improvements, stear,
heat. electric light, parquet flooring Price,
$3.50. $1,000 cash. - minutes from Park
Row by Brighton Beach Il" 20 Ave. J. Prop
ertY 200 u. from station. owner on premises.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
uNFuRNIsHeo APARTMENTS.
RoRoUGH OF BROOKLYN.

RrAUTIEUL NEW LIGHT APARTMESisy
pest in Bay Ridge; overlooking Say asS
q, bet 4th G. 9th ayes; T. >, . rooms cay
i,h, vacuIirn cleaning; average rents, s.3e
To s2s: 80 minutes from Park Row. nsa'
surface lines Gentiles preferred
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
RECORDED MORTGAGES.
Manhattan.

with name and address OF grantee and attor-
ney.)
Interest at 8 per cent unless otherwise stated.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
EAST SIDE.

BACHELOR APARTMENTS
-.A..sy Garner Lexington ave. ana 3sth o.
''' three rooms and bath: s45
ASuFORTU & co. II East go ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
COUNTRY HOUSES TO LET, FUR
NISHEO.

FOR RETT-Furnished house. Il roour
baths. buffers pantry, Laundry, elecdif
lights. E. b. PETTIS, Church St. s'ock'
bridge, Mass.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27
NEW JERSEY.
HOUSES TO LET,
BOROUGH OF THE BRONX.

tssTtt ST. a52 EAsT-Two family brick
house. II rooms, two baths; steam heating
plant Inquire Mrs. Neach, 1871 East looth
St or write Mr. Moench % Allen 81.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-12-27

Central Park West mtg $4,000; Dec II; 500:
attorneys, stroock & strcock. 30 Broad st. ,oo
l4sTH ST, s $, 175 II OF Convent ave. w
x9a.1l foreclosure. Dec 20; VIM a' WI;
st; Dec 26 sl55.O00; attorneys. Strong & Cad-
waader ~ Wall st.
The copper era and Morenci leader., 1912-02-09
RuMoRs OF pENN

The following from Iron Ore, may be classed as interesting, if true:
 Iron Ore is informed that Copper Queen interests probably now have control of the shares of the Denn company, whose property is located at G;sbee, Ariz., and which has been idin for some time because of an ex- c,,cdinslv heavy water flow that was encountered several months ago, or i;lmeu:a.ely following the raising of the pumps from the 1900 to the 1400- foot level of the Junction shaft of the Calumet and Arizona company. To F. ipe tl:e Denn will mean the pump ing cf tho water on the entire Bisbee coI,per basin and that will be a pretty stiff contract.
 If our information on the change of stock is correct, c. & A. may join in the cost. The Copper Queen com- pany pays portion of the pumping of Calumet & Arizona water-It would only be fair exchange of courtesies were the Calumet & Arizona company to help it's neighbor providing the Junction shaft would be drained of it's water in the Denn operation"
The copper era and Morenci leader., 1912-02-09
COPPER SHARE MARKET

The coppers have resisted the gen. eral decline in security prices better than any other group of stocks, not withstanding the fact that the metal is reactionary and weak at the moment. It is but natural that copper should sell off slightly after a sharp and con tinuous advance of over two cents a pound The metal market is not going down, it is simply hesitating in pre- paration for further advance. Cop pers have made substantial gains, but as yet they have only starte1. Ahead of us is a bull market in coppers that by comparison will make all preceding ones appear to have been mere rallies.
 The coppers are still cheap. Only few of them have discounted the i'm provements in the metal market. Net earnings of the established producers are nearly double what. they were six months ago, and the resultant in- creases in dividends have yet to come.
 The coppers look high when viewed from the current investment returns. This is due to the fact that their divi dends have not yet been changed from a 12 IA cent metal market basis, and therefore, the average yield of IS divi- dend payers, is only about 5 t-2 per cent on the current selling prices, of their stocks. With 14 1-4 cent copper, however r companies, herewith pre- .sented are earning more than an aver age of almost 12 per cent on the pres ent market prices of their stocks
The copper era and Morenci leader., 1912-02-09
INCREASES OUTPUT

The policy of increasing the output of the Copper Queen mines in the Warren district is being continued and the prosperity of the camp reflects that policy Good men when available have been put on steadily and there are now employed by the company in the Bisbee mines more men than at any time since the first decline in the price of the metal when policy of curtailment of production was un- dertaken. It is said that one day last month there were put on 65 new men in the mines of the Copper Queen company. The number of men now employed by this company in the dis trict is now close to 2,000.
 As was promised last month the De cember production of the Bisbee mine of the Copper Queen company, was we'll in advance of that in Novem- Der and it is said by those in author ity that in January the output is to show still further increase. The tonnage from the local mines, accord ing to present estimates will be some thing over 25,0 900 tons of ore.
The copper era and Morenci leader., 1912-02-09
BIG DEAL AT MIAMI

Another big mining deal was made in this district last week. This deal was a bond and lease taken by L. D. Mcclure and H. B. Dunn on the Schulze brothers mining claims, six teen in all about five miles from Mi ami. The property adjoins the South western Miami.
 The option price is stated to be in the neghborhood of $25O,O00.
 Considerable development has been done by the Schulze brothers, it being estimated that there is, more than have been made in a number of the workings, silicates, carbonates, native copper and chalcocites having been encountered.
The copper era and Morenci leader., 1912-02-09
and that they will continue buyers for some time to come.

and that they will continue buyers for some time to come.
 The steadily decreasing cost of gen erating and distributing power, the multitudinous new uses to which cleo tricity is being put, the cheapness of copper as compared with most other commodities, the neglect to have un-
 der development and equipment a sufficient number of new mines to sup ply the natural future growth of cop per consumption, and the fact that some of the older and more important districts apparently have reached the full limit of their productive capaci- ty, are a few of the vital factors in the present situation which lead me to believe that the price of copper will be much higher next year and for at least three years thereafter.
 This being a presidential year, do- nestle consumption may not show very great increase over that of 1911, and the foreign demand, for other req sons, may remain about stationary. If so, the price of copper will probably continue around IA cents for some months to come. An increase of 10 per cent in either domestic or foreign consumption, however, would cause the price to advance several cents pound No consumer is warranted in taking bearish attitude on copper.
 Such information as I have been able to gather so far leads me to be- lieve that the statistics to be published next week will fail to show that there was any considerable decrease in the worlds coppr surplus during January. Exports probably were II, 100000 lbs less than in December. The foreign visible supply decreased 3,s37, ,120 lbs. conn pairing with a srinkage of 3,133, ,760 pounds in December. If reduction of 5,000,000 pounds or more in the American surplus should be shown, therefore, following the tremendous decreases that have preceded, it would be highly gratifying. S,
 As I have previously stated, the worlds copper production will probab- ly show more increase this year than in any other year during this decade. The remarkable strength of the metal, both in prices and satisfactorily, with such a growth of output in sight, should impress consumers. Immediate future years must bring very much higher prices for copper.