davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review., 1913-02-16
The Chmn Drill Opening NeuU Possibilities for Operators in
Home Terriory-Copber Metal Not as Week Bears
Would Haze it Appear in Raid on Stocks Mining News

is that Shattuck and Calumet and Arizona recent finds
OF large bodies that they had previously figured
upon the possession of must offer large encouragement
TO those with opportunity do development in the dis
trict
NORTH SIDE Copper Queen work is the most in
ereSting fall exporatrv wirk conducted in the dis
trict and by of the tenacty with which this
pany always sticks its enterprises and which in this
district has scarcely ored disappointment it is
Of doubtful importance There are not few reasons for
the belief that this present work on the north side will
terminate SUCCESSFULLY In such event there will be
derfu possibilities opened up to the district tor the ex
ranson of its work and the increase OF its pay rolls
DEM. SAGINAW. w IRREN are brought TO mind
in this connection That these three properties will be
brought into big production OF within the
wears does nor seem admit OF reasonable doubt AT
oversocked metal market the last several has doubt
less had something do with their ideness in recent
months but the tmc CT far distant when the
that these properties are known TO possess and which
there many for believing will develop into bod
les that will compare favoraby with large dividend pay
crS fthe district will be coming 70 the top from the
tended workings
OTHER DEVELOPMENT will take the place on
the waiting list that these properties have occupied for
there certainty of strong TO that eFd fthe
camp All properties down that way not yet out of in
divdua hands and some o. them there are showngs
that should readily engage large investment OF money
With the readiustment of confidence in the country at
large that is now confidently looked forward due at
great distant date these opportunities are going TO find
eager takers
he public about April engaging the attention OF
the officers of the company he have the work Of comp
ing il from the reports of their various department heads
II is understood that the report now practically
peed and up to the point where revision for possible
ors and the arrangement of details becomes in order.
Nothing has been given out officially. but it is a safe
guess that this report will show decidedly handsome
gain in output and in generally advantageous ways TO
the stockholders of the company Things have been 60
ing exceedingly we'll for the and the last year and
notwithstanding the large expense account enaed
hv seter construction the annual report be counted
Upon 10 show highly satisfactory results
THE DISTRICT generally is in exceptionally good
form and with nothing in sight the present time TO oc-
cason other belief than that it is entered upon year
that will provide good for everybody concerned
conviction that the results of each passing week en-
ohaszes 1t might be added that there is no Warren dis
rct mining stock that worth holding at the pres
ent time for advance They allhave it coming
Bisbee daily review., 1913-02-16
MINES, MINING, COPPER STOCKS AND COPPER
INSPIRATION BUSY
Company Starts Heavy Development
Program Has 100000 Tons
Ore In Sight

The enormous program of mining
and construction tegun by the In
spiration Consolidated Copper COM
pany at NJ ami is the most salient
point of interest in this years GloOe
mining.
At present Inspiration is employ
ing 270 men underground and about
40 on surface work The last meas
urements taken in the inclined shaft
showed 1t to have reached its objec-
tive point. the 3.4S0 level 1.-THE upper
tram leveD. Il has now been decided
TO continue the inclined shaft to
depth of 100 feet below the upper
tram level, for the purpose of lift
ing raise from that depth to VIII, re
a lS0-ton waste pocket will be cu.,
the waste TO be dropped through the
raise ana lifted through the inclined
shaft to an upper level. A drift is
now being driven from the Joe Bush
portion OF the property TO connect
with the inclined shaft.
At the mill site steam skoyeling
and blasting have made heavy in
roads on the 100000 cubic yards of
earth that must be removed. Four
teen craftsmen are engaged in the
task of designing the plan and de
tails of the huge concentrator. Be
cause of the. similarity of ores in the
Inspiration and Miami properties the
Inspiration mill undoubtedly will be
modelled TO a great extent on the plan
OF the Miami concentration
Bisbee daily review., 1913-02-16
THE STOCK EXCHANGE

William C. Van Antwerp has writ
ten a defence and explanation Of
workings of the Stock Exchange call
ed The Stock Exchange From With
in which. in addition to original
..latter. contains numerous excerpts
from authorities upon economics and
finance The report Of the Hughes
commission is printed in full in the
Appendix.
In a chapter on short selling he
says: IF ii Is immoral 10 sell for a
purpose. it is equally immoral to buy
for a purpose; in each case the pur-
pose is hope of a profit. Buying Tor
a profit is approved by every one;
why not selling? In both you have
tDught or sold for a difference N
price; the sequence OF events in no
way involves a question of morals,
since there is no ethical difference
and no economic difference between
buying first and selling last. and SCI
ing first and buying last.
Men buy worthless mining stocks
without bothering to inquire into
their bona faes. They put Their saw
ings into new and untried enterpris-
es and neither read the balance sheets
nor attend the meetings. A THOUSAND
stockholders will attend a meeting
in London, and viii have Their ques-
tions answered whether the majority
In control likes it OF not. In New
York almost nobody attends these
meetings The stockholders right 10
information IS absolute. but ne does
not go and get II. and so finally when
something goes wrong be writes an-
CRY letters to the newspapers and
damns both Wall Street and the
Stock Exchange because be has been
Enrned although the fire escape an1
the extinguisher were always at his
hand
! violate no confidence when
say that henceforth the Stock FIX
Bisbee daily review., 1913-02-16
GIRoUx MAKING GOOD
Company Earns Nee Profit of over
$4,000 in Three Months


Gratifying statements were pre-
scented to stockholders at the annual
meeting of the GiFoux. In the report
of general manager F. p. Mills and OF
auditor H. b. PAUL, formerly of this
CITY, il was shown that during August.
September and December the only
months in which shipments were en-
tirely from underground. 1000 0OJ
pounds of copper we're produced at
a cost of los cents per pound. or ut
"a net profit of approximately $780,
600. This result is exclud ng extra
ordinary development and constrnr
ton work at the property
Labor troubles in the Ely camp
October and November prevented
shipments in those months. but dur
ing the year the company shipped
44O,SI1 tons of ore running on an az
erage 215 per cent copper.
During the year 2,4Sj feet of churn
drilling was done on the Butte &
Ely proa">ty six holes being put
down. These were sunk to partially
prove Up the ore body on the ground
adjacent TO the Liberty pit of the
Nevada Consolidated Copper com
pany, and cut ore averaging from los
per cent TO Pol per cent copper.
An extensive program Tor opera
tons is mapped out for the present
year, and profitable results are ex-
pected.
At the Miami one OF the eight dia.
mond drill holes has revealed ore 10
depth OF 300 feet below the 100
foot level. In the near future the
main shaft will be sunk deeper to
extract the deeper orc.
Annual report Of GirrCy CoGsoli-
dated shows current assets are Sis.
o75 and current liabilities are $6,49,-
.OOS Cash on hand as of Dec. 81, 1912,
was S27.7S7. Copper, silver and gold
and ore on dump in Mexico total 1857,
0sS OF current assets. Ore reserve es-
Inmates remain about same as 1911 as
little drilling was done and labor trou-
bic interferea with plans to further
develop Alpha ground. All energy pre-
yious to strike of miners was devoted
70 getting Morris and Bunker Hill
properties shipping. Drifts and cross
cuts in these properties indicate more
ore and higher average grade than
indicated by drill samples. The ore
bodies iii these properties are now
blocked out and ready Tor most eco
nomical production. Expenditures for
1912 we're $s11,91e and extensive per.
manent improvements were made.
The Giroux company is shipping HOO
tons daily to Steptoe smelter. Ship
ments were inaugurated May l. 1912
and were interrupted by the strike
last fall,
Bisbee daily review., 1913-02-16

The year 1912 was profitable for
Michigan copper mining companies
and employees. Good prices were OBJ
tanned for the metal and the compan-
les made larger profits while paying
higher wages than in previous years.
The dividend paying companies made
larger disbursements than in 1911
and increased their surplus of assets
Large amounts were spent for cen
sfruction and development work a.
the producing mines. and more vigor-
Gus examination made OF several prop
critics that are not yet productive.
Some of the latter have been eX-
teusiveiy developed and can be
counted on to sooa make shipments
Of ore TO the mills.
Bisbee daily review., 1913-02-16

Opinion has been widely expressed
by biologists and mining engineers
that in taking over the Gambrinus.
BeIcher and Walsh claims. adjoining
the properly of the Trenton Mining
company subsidiary to the Anaconda
company. on the west, the Corbin Cop
per company has made wise move.
The claims adjoin the Gaguon mine
which today is one Of the great pro
ducers OF the Anaconda company, ana
IN the latter one OF the richest veins
in the Butte camp is row being
worked to a depth OF 2.300 feet The
Gagnon carries fhe same vein whien
is the chief asset of the stewart
Original and Anaconda mines.
Bisbee daily review., 1913-02-16

change VIII be found defending il
self manfully"
When somebody else seeks to
mend his fences by noisy announce
ment that the Stock Exchange reeks
with improper manipulation. that
speculation is wrongful and that tne
criminal nature of an institution is
directly proportioEate TO its size, re-
member that votes OF your fellow-citi-
zens pat this man in on &c and that
you and they must foot the Bill. since
il is your. money that plays for all
these junkets. all these Investigations
and all these political excursions.
More than that, you must pay your
share OF the 100000 for pensions
OF the $4,000. 009 for .postonioes, and
of the countless. millions for rivers
and hsrbors and these. too, are voted
with amiable frugality by the gentle
ment who see night mares n BANKS,
clearing houses and stock ex-
changes"
After showing that farmer. baker
and candie-stick maker sell short
ia the natural course of trade. and a
number OF other things the would-be
reformers of Wall Street ought to
know. the author declares that. in
50 far as speculation in securities
may merit criticism, the tendency 20
aattract poor people by the TAFT of
slim margins is undeniably a very
real evil. and one which can only be
corrected BY the brokers themselves
$3.50. The great evil Of speculation
consists IN buying Of securities Of
real estate or anything else with Dor
rowed money. BY uniformed people
who cannot afford to lose"
Mrs. Van Antwerp prefaces his
work by stating that the Stock TX
change authorities have had no hand
in its preparation and Il does not
bear their endorsement He says this
lest IL be thought an official apology
Bisbee daily review., 1913-02-16

Contracts have been lei by Marconi
co. for construction of eight OF the
largest wireless stations in the world,
to be used in globe girdling plans OF
the company Stations, which are TO
be constructed in pairs. viii be To-
Gated at Oahu, Honolulu, Hawaiian
Islands; Tamles Bay and Bolinas.
Cal, Berlma, y. j.. and along the east
ern Massachusetts, coast
Bisbee daily review., 1913-02-16

James o. Pagan. veteran employee
OF Boston * Maine, predicts that 81
roads east OF Chicago VIII SUSPEND
operations entirely II iremen vote to
strike. Firemen's demands ars
termed inconsistent with their work
ing conditions and leaders are blamed
l0r the situation.
Bisbee daily review., 1913-02-16

The complaint of Sidney Norman
and other minority stockholders OF
the Federal Mining and Smelling
companv attacking the contract be
tween il and the Guggenheim inter
ests which were in control declares
that If Il had not been for this con
tract the product OF the Federal com
pany since Aug. 81, 1903. the date Jt
expiration OF the preceding contract
could have been sold for $l,50O,06J
more than il got from the Gusgen-
helms. The existing contract was
made after the Guggenheims had got
control Of the Federal company and
four years before the expiration OF
the old contract.
Bisbee daily review., 1913-02-16

Houghton Copper Co. is drifting In
excellent ground on the S20-rt. level
in the Superior main vein. About 900
# of openings haze been made on
this level The drift on the soft. level
is driving north and east Ia ground
of good quality. The distsnce from
Dreast to breast in the drift On this
level approximately 1890 It. and every
foot in commercial ground, some OF
it rich. ard all Of it mineralized SUI
dciently 10 make its extraction profit
able.
Bisbee daily review., 1913-02-16
MINING NEWS
|. FROM ALL OVER
Larger Activity Is Keynote
in Camps Throughout the
Mineral Districts of
Country
EARNINGS ON THE GAIN

The s25,OO0,OOO merger OF all divk
dend-paying mines in the Cripple
Greek mining district Will be known
as Colorado Mines. Railways Il Util-
iUies Co. $1O.O0O.0O0 capital will issue
at once.
Bisbee daily review., 1913-02-16

Numerous obstacles continue to be
encountered in sinking the No.
shaft at Isle Royale and contrary TO
abandoning this eJaOin taoin tsOlu
rumors, there is no intilEation OF
abandoning tGis shaft. The fact that
a test pipe is being put down 400 feet
to the south Of the No. I shaft gave
fuel to the rUmor that new location
was being looked for. although an
official stated that there was no inten-
lion Of doing anything OF the kind.
Bisbee daily review., 1913-02-16

Revised figures of Anaconda's jan
uary output show copper production
from tue WasEoe and Great Falls
smelters OF $4,000 .00O pounds. This is
100000 pounds less than was pro-
duced in January a year ago, and q
100000 pounds less than the previous
months output.
Bisbee daily review., 1913-02-16

Weather conditions have materially
improved and the Nevada Consoii-
daled is now operating seven GOO ton
sections OF its concentrator plant.
six of which are running Oh the com.
pany's ore and one on ore from the
Giroux mine. The shortage on coal
has also been relieved, and all shovels
at Copper pit are in operation.
Bisbee daily review., 1913-02-16

Ray Consolidated Copper Co, which
entered the producing ranks in April,
1911. produced during December B.
100000 pounds of copper. bringing
the total for the year to 1881, 402
pounds. The monthly OUTPUTS have
shown a steady increase from the
April, 1911 output of but 704 26l TO
the high record results for last De
cembeT
Bisbee daily review., 1913-02-16

Tennessee Copper Co. earned ap-
proXimately sl.2eO.OO0 net from its
1912 operations This was equivalent
to Sc per share. OF the total net in
come about $500. 300 was derived from
copper sales. $4,000 from sulphurlc
acid production and the balance from
miscellaneous sources
Bisbee daily review., 1913-02-16
Rosemont District

The LewissOhn Brothers of New
York. who own the old Rosebout
group Of copper claims and smeiter.
have taken bonds on a number OF
claims around and near their hold
ings and have quite a force OF men
az work developing. Some very
good ore has been discovered N
these new workings.
Bisbee daily review., 1913-02-16

Boston Ely Co. compelled 70 close
down owing TO increased inflow OF
water o n the lower levels. An electric
pump has been ordered. Arrangements
have been made with the Nevada Con
soIdated for power to operate the
pump. As soon as the pump has beer
installed sinking will be resumed.
Norwich bulletin., 1913-02-04
ANNOUNC C,EAlENTS
Schwartz Brothers second prize let ter appears in today's paper.
FIRE SALES EXTRAORDINARY.
Saturday and Monday Saw a Record
 Rush at Main Street Stores.

Such sales as were conducted on Saturday and Monday at the F. A. Wells company, George w. Kies Co.,, and Lahn Furniture company in con sequence of the recent fire in the Aus tin building made records for Norwich in this line. Saturday morning long before the opening hours for the sales the sidewalk and street were blocked with the crowd eager to get in when the door was first opened. The Kies company and the Wells company had their sales forces augmented for both days by experts from out of town. and thousands of people were in the stores.
 The only way they could be handled was in relays, letting the storeful in at one time and then closing the doors with policemen on guard. Special exits by a rear way were arranged to keep the crowds from coliiding and the windows at the front entrance were protected from being crushed in by heavy tfmbers placed across. them.
 One satisfactory point for all con- cerned was that the customers who made purchases were a satisfied let and gave the merchants interested credit for conducting fire sales in the best possible manner.
Norwich bulletin., 1913-02-04
FOR SALE 14 FOOT BAR AND BACK
 Bar price $5O.0O P. O. Box 583, New London

SIZ50
 will buy a 4G acre farm situated a few miles from Westerly and a short dis tance to thriving manufacturing viI- lage. Cottage house. barn. crib and hennery, plenty Of fruit and wood for home use. Here is a rare chance to buy good farm cheap Enquire about
 slsoe
 will buy 50 acre farm situated tive miles from Westerly. R. l.. and a 10- minute walk to trolley. Land pro- ductive and smooth, large house, barn and crib, wagon shed, some fruit. on R, E. D. $900 cash puts the farm in your possession. Investigate. is all I ask for one of the finest farms in the state Of Connecticut: 55 acres. 20 moving, -25 pasture. 10 wood and tim Der; keeps 16 cows, without silo; house has rooms with ell, horse barn 24 by 36, COW barn 30 by 50. 3 hog houses, ice house 50 tons capacity, 1 store rehouse IT by 46 crib IA by 25, henneries 10 by SC each, wells, never failing springs; pasture borders a beautiful pond; loo apple trees, Al pear trees, 25 plum trees, 30 peach, apricot, one quarter of acre strawberry. patch, eurrsntss gesos@herry blaekberriess eiimbing Vines. Wifi take a aaertgage ep the place if desired. Possession given in 30 days. Don't let this epper- tunity slip.
 WILLIAM A. WILCOX,
 Heal Estate Broker. No. fl West Broad St. Rooms l and 3.
 Westerly. R. !. Phone conn eetiea. Free traRsRs EiSH
 iR au1s. jan25d
Norwich bulletin., 1913-02-04
HUMOR OF THE DAY

Youngleigh Gin art museum)-I won der why Victory is represented as 8 female? Wedmore-It's plain to be seen you're not naturalization Transcript.
 Yankee Evangelist (hearIng of somebody's death)-Yes. we are in deed here today and gone tomorrow H6telkeeper-The deuce you arel Then you'll just settle your bill tonight Sydney Bulletin.
 Jane Ellen-Yus V did, Sal Jen- ningsI I'm about sick of 1t. Borrer- ed my Dollar Princess at an pinched the design; then I 'ad to chuck doin my air like the Duchess of Westmin- ster cause you initiated it.-London Sketch
 storage egg. Whereupon he turned gravely to his audience: How truly spoke the good Marcellusl" quoth he. Something is rotten in the state of ark!"-Harpers Weekly.
 Most of us have to be careful what we say about others" That's right Yes: few of us are sufficiently pronai- nent to claim we were mtsquoted and get away with it"-Louisville Courier Journal.
 Do you hold the voice of the people Senator Sorghum, excepting on New Years eve and the Fourth of July and the night of a football game and a few occasions like that. W as hfngton Star.
 T was surprised to see that those suffragettes had a hard time making ten miles day on the hike from New York to Albany" Why" "A wom- aR easily makes thirty right here in the shopping district" = Louisville Courier-J ournal.
 Do you notice that your son has really learned anything in college?" "Yes: he has learned that my ideas are those of an old fogy, and that he would be false to his trust if he did not do his best to bring me to a real ization of my pitiable condition. - Chicago Record-Herald.
 T am telling you the truth when I say that I was much happier when I was poor than I am now" Then why don't you let your millions go and be poor gaain?" '@Why, because I should be miserable thinking of the people who got the money. %.'-Detroit Free Press.
 Captain said a wealthy passenger who was about to take his first trip across the ocean, TT understand this ship has got several watertight com partments' Yes. sir was the reply stCaptain,'' the passenger went on. de- cidedIy 1T want one o those compart- menfs-I don't care what 1t costs. - London Telegraph.
Norwich bulletin., 1913-02-04
BREED THEATER.
Harer1 Captfves, Sensational Two
 Reel Feature Made in Algeria.

Two thousand feet of film, every inch of which is GOV cred with incl dents occurring in Algeria, serves as the feature picture at the Breed today It is indeed worthy Of the title of fea- tt1e, for besides it's thrilling story, spirited acii0n and oriental atmosphere 1t carries some of the most bewiIdeF- ing scenery ever thrown upon any screen in picture theater- The gEtrnpses of tihe gorgeous gardens SLUT roErnffine the massive residences serve but 10 s.loI:ify am a1fsady beaMt5flll eb- 5ecf, for the buildings of the most or rsatB character gEeaIn in their white ness against the n1Erfaced massive palms that aTp6ar on aN sides Fasci- hating views of the interior of the harem furnish an added attraction to the interesting story which telSs fof the capture of two Algerian beauties and their thrilling escape from the Bedou1ns. This remarkable picture in two reels can be seen aE the Breed today only, a brand new bil1 coming on tomorrow
Norwich bulletin., 1913-02-04
What Is Going On Tonight.

Moving Pictures and Illustrated Songs at the Breed Theater.
 Vaudeville and Moving Pictures at the Auditorium.
 VaudaviiIe and Photoplays at Davis Theatre
 Father Mathew Society Social at cadillac Hall.
 Shetucket Lodge. No 27, l. o. O. F.. meets In Odd Fellows Hall
 Norwich Nest, No. 1896, o. O. O., meets in Owls Hall
 Wauregan Lodge, No. 6. K. of F.. meets in Pythian Hall
 Norwich Central Labor Union meets in Carpent terS' Hall.
 St. James Lodge No. g. F. and A. NJ, meets in Masonic Temple. Thames Lodge. No 326. N. E. o. F., III Nor NoTwich m | ( Council. oln % No. 9. F. B. L., meets in Hibernian Hall.