The copper era and Morenci leader., 1912-05-24
C0P PER MARKET FEATURE |S
 BIG SALES

It is stated that the General EIeC- tric comp pany placed orders for 9,000.- 900 pounds of copper metal last week, liand that they are in the market for as much more. This is another sub stantial proof of the stability of the market. There have been sales Of Large quantities this week at 15 and a
 half cents, with predictions for higher tprices.
 The business of the above electrical hcDmpany indicates the amount of met Eal this line is consuming and bears
 out the predictions of so many promin- ent eletrical engineers that it will be
 long before all the mines will be put
 ito their capacities to supply copper for electrical purposes alone, and that the price will advance to twenty cents. J. Parke Charming, head of the Ten messee Copper company, is on record as saying that he does not believe cop per will go above 16 cents, but thinks it will be firm at about that level. Such price would be satisfactory to everyone legitimately in the copper, mining business.
 That there will be an enormous busi ness in copper with the electrical ap- pIiance concerns is certain. This business is only now in it's introduc- tory stages, and the field is a great one the world for it's market. Copper is even now being borrowed by some of the big pr0ducerS who have sold com pletely out. They do not possess enough metal to meet the demands of their customers.
 It is a happy change from the condi- tions which for several years have been confronting us from Iron Ore, in common with many others, knew the metal would come into it's own in time
 Calumet & Arizona
 Metal for the new smelter of the above organization is now arriving and i'm large quantities. A big force of erectorS are on the job and everything is being pushed ahead with great speed. Captain Greenway is bound to have the plant completed it by as good a margin as possible. | There will be no let up in the pres sure.
 At the mines the ore continues l showing up in all the shafts at new i places. The reserves are away ahead | of any past time in the company's his tory, and Calumet & Arizona is bound ] for much better things. With the present price of metal and the steadily | decreasing cost of production the of this organization are to be congratulated. Iron Ore has long been insiting this would become | one of the greatest or the copper pro- iucers, a distinction it has already at .ained It is going up much higher, too. It is a bonanza property, and one of the best in Bisbee, an eXcep- .ional camp There is a lot of good news still to come from the lands of Calumet & Arizona.
 San Antonio Copper.
 The Mexican troubles are interfer- ng with the operation of this mine, IS they are with Sierra Consolidated, precious metal property located fur her south. Both these mining con- cerns have splendid encouragement. good values having been demonstrat- ed by underground work. At San Antonio a great body of copper of com nercial grade has been proved, while 1t the Sierra a stamp mill was in course of construction to treat ores ,f high grade that had been exposed, when work was stopped, due to the trouble in Mexico. The men at the Sierra, Americans, were ordered out ,f the country, an inventory of the property was filed with the American counsel, and if damage is done Mexico will have to pay roundly for it.
 As soon as the war is over opera ions will be resumed at both these ocations San Antonio will ship ore o smelter and demonstrate the real -alue of it's mineral.