Bisbee daily review., 1912-01-14
Warren District Mines

Recent developments in the copper market have been extremely satisfac- tory to copper producers and to all communities dependent upon copper production. The price of tht red met al has not only continued firm but has steadily siuened, and the last ad- vance having been reported on Frl- day or this week. when the quota ton for Lake was l4l-2 and l4 5-S. The report of the Metal Producers association for December which was made public last week was even bet ter than had been expected showing . decrease of more than 22,OOO,0 0OO pounds in the surplus stock and re- ducing the visible domestic supply on hand to only sufficient 10 carry month or even less with the demand better than fair Thus far this month the foreign demand has kept uF well. although not quite so heavy as in the month of December. Al the ratio that il has been shipped thus far this month, the same being continued, the exports will be not far from 27.O00 tons or about 90 per cent of last months exports
 The copper share market has been only negatively satisfactory during the past week. The previous ad- vance was checked but on the other hand. despite bear raids on railroads and industrials the copper shares held firm and showed slight if any de- chnes. Had the stock market for oth- CT securities held firm it appears cer- tam that there would have been de cided advance in copper share values and these securities appear in posi- ton to lead the market on any ad vance.
 There is tendency in some quar- ters to increase output and in others, to maintain the present production only. The increase that appears in sight. with the demand continuing as it is. would not be more than enough at most to check the price Of opper where it is and probably will not do this. Better domestic demand is anticipated and with the foreign demand that exists Il appears reason able to expect F cent copper soon. It has Neen prophesied in this col umn that there would be F cent cop per by July l, but now it is to be expected that this figure will be reached by April l. That figure should check the advance for a time, in the opinion of most copper experts. though there are some who are looking for ward to l6 cent copper in the pres ent year. IL is conceded that such price would be high enough to boom the industry and cause general re- sumption of copper mining.
 Copper Queen Increases
 The policy Of increasing the out ,g l,n Cnnna- nrtnan ypinQS In the Warren District IS being contin- ued and the prosperity of the camp reflects that policy. Good men when available have been put o1 steadily and there are now employed by the company III the Bisbee mines more men than at any time since the first decline in the price of the metal wher a policy of curtailment of produc- tion was undertaken. IL is said that one day last month there put on six ty-fiye new men in the mines of the C. Q. company The number of men now employed by this company in the district is now close to 1000.
 As was prophesied here last month the December production of the Bis bee mines Of the Copper Queen com uany was well in advance of that in November and it is said by those in authority that the January output is to show a still further increase. The tonnage from the local mines, ac- cording to present estimates will be something over 25,000 tons of ore.
 Development Work Continues
 Sinking of the Dallas shalt IS be- ing pushed on toward the 14O0 level Last week the 1900 level was reached and past This is the shaft that has surpassed all recorGs Of rapid sinking during the period that it has been going down. The greatest distance secured in any one month was slight ly over 200 feet. This work on the Dallas is the most important develop ment work the company is at present doing.
 The fire at the Lowell is under cor trol but it has occasioned additional work and additional expense in sev- eral directions. The gas which Ie- suited from the fire and caused the shutting down of the cage at this en- trance has practically disappeared and been disposed of so that this month the men again enter the Lowell mine through il own shaft entrance. The air shaft which is being sunl, here to give a second outlet for gas is now down 400 feet and within five days the drift from it will be cut through to connect with the raise from the 800 level
 No Sunday Resumption.
 There have been heard frequent re ports that the Copper Queen comIhny in ;tc nnIipy of increasing OutUut was