Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1913-04-17
TELLS Of MINES
IN SOUTHWEST
Representatives of Thomp-
son. Towle & Co. See
Much on Wiheh to Base
Optimism


Among visitors in the district yes
terday were ". F. Bartholomew and
F. n. Skinner. both Of the brokerage
and banking house Of Thompson,
Towle & Co, II Wall St, Kew YORK.
The gentlemen enjoy prominence IN
mining and financial circles Of the
country They are in the west on an
annual tour OF inspection of mining
properties for the benefit OF the IN
formation department OF their firm,
which In the last few years has taken
rank as the foremost IN mining sBoc-
iaities in the United States. The IN
formation they will take hack win
them at the close of their tour viii
Le tased upon actual conditions ex-
tant at the properties visited, which
VIII include those OF all the large
producers. They came here from
Chino, Globe and Ray, arriving on
Tuesday and departing immediately
fer Cananea. Following inspection OF
Greene Cananea they returned 10
this city yesterday noon, spending the
balance OF the day in Warren district
mines. They yin continue their visit
this morning, leaving later in the day
FOR Los Angeles, from where they
viii 50 to Nevada, Utah and Montana
copper districts.
In an interview last night. the visi-
tors expressed much optimism as to
the future of Chino, which they con.
slider to BE a property that has a great
deal more in reserve than the public
has ever contemplated. They found
Globe in excellent shape, with pro
gress at Inspiration the interesting
feature. The policy Of doing things
thoroughly well at this property,
making haste slowly, is being con-
tinued, with results 10 date that have
demonstrated it's wisdom At Ray
they were particularly impressed
with the smoothness Of operation OF
equipment and with the highly salts
factory results attending the mining
methods being followed. Automatic
equipment reduces hand labor TO the
minimum in the removal and handl
ing of ore, while the polling system
Being employed in bringing down the
ore is giving the best Of results. At
Cananea they found production going
ahead and excellent showing being
made under the adverse conditions
with which the company is now deal
ing by reason of war crippled trans
portation service. They believe that
Greene Cananea is at the beginning
OF decided improvements in market
esteem. The fact of its weathering
present and recent vicissitudes ia
good shape and the further fact that
the property is now equipped and In
position TO mine and reduce ore al
lower costs than ever before, are fac.
tors Earranting expectation OF ina
proved market price for the stock.
Bisbee is a great camp" said Mr..
Bartholomew in response to query
regarding impression formed. 1t has
advanced much in the last year and I
believe that its greatest period OF ac-
uHity is still ahead. Calumet and
Arizona and Copper Queen are dolng
big things here and opening the way
rapidly Tor much broader operations.
TIE Warren district has long life to
look forward TO, attended probably
through a good many years to come
with constantly widening develop
ment Of resources"
The visitors brought a pleasing
touch of home interest with them in
that they carried messages 10 friends
here from J. E. Thompson. formerly
Of this. city and known throughout
Arizona as the livest wire il ever en-
gaged in the real estate business. Mr..
Thompson on leaving Bistee went to
New York, where he became assoCiat-
ed in the brokerage firm OF Thomp-
son, Trippe & Co. Subsequently tine
firm Of Thompson, Towle & Co. was
organized, embracing in its men,
beIship some of the strongest finan-
cfal personages Of New York and Bos-
, ton. J. f Thompson the last three
years has mad the management Of the
house and has put western vim and
yigor into It with result Of It's adj
vance 10 first position among broker
age houses specializing in mining is
sues. At the same time he has
/ brcadened its scope until it has at
tanned much prominence in all lines
Of investment over 100 operatives
are directed in the Wall street. New
/ York, Office By the man who intro
+ ducea home building on the install
ment plan In Bisbee from the ltlle
one story shack that six years ago
stood behind the Bank OF Risbee
bu lding. Beside the New York Of
fee, Offices are maintained in three
other cities. The visitors nov Ia
Bisbee state that Mr. and Mrs Thomp
son recently returned 10 New Yorz
from 2 winter season in Cu5a They
and their children are in excellent
health, which with the prosperity en-.
ioyed by Mr.. Thompson in a business
way viii be exceedingly pleasing tc
a great many friends In the Warren
district and throughout Arizona.