Bisbee daily review., 1913-02-16

COPPER METAL has hnen prolific source OF bear
ISL arguments during the last several weeks Those who
would like see the copper stocks depressed have not
heSitaed marshall all possible unfavorable
and point relating TO the meal trade The market has
withstood the attack splenddy so ars the metal price
concerned because position is in fact strong
The Review has il direct from high authority and
this authority upheld by advices from equally excellent
~ informed people the east that there IS nothing in the
present regards stocks hand an poduc
lion and consumption demand s that warrants ANYTHING
other than the expectation thar the metal will continue at
or above the satisfactory price with consumers
steadily increasing their purchases The danger is on the
other hand that the demand for copper and the willing
ness of pay the going price for prompt de-
livery may send the metal 70 higher figure than will be
the lasting advantage OF everybody In the copper pro-
ducing districts the metal price IS OF course natter oil
very much interest say vital concern tor is the
copper price that regulates the OF the pay
vclope.
NOT CONFINED to any particular line has been the
raid on prices of the last week Copper proporionarelv
has Jared much better than the rails and industalS all OF
which felt the downward drive severely In the face OF
report from the copper producers association that gave
the bears and the general decentralization that
affected things for activity and the general decentralization
thar affected things the slight decline of copper quoted
in the marketbetween which the actual selling price
there not nfrequeny difference, and in the pres
emf instance the upsdewas decidedly insignificant
Of the wo the copper stocks fare the worse and equally
as unfairly Copper stocks today good buy all along
the line Very few and none of the locals have enjoyed
the locals have enoyed the advance that their improved
methods of mining and re of the advance in copper
entitle them nothing fthe advance in copper
prices Both stocks and the metal are confidently looked
for recovery during the present week unless indeed
there should be continuance OF the general decne ano
the market outlook not favorable TO further downward
tendency.
IN DEyEL OPNENT the successful operation of
churn drills by the Copper Queen on the north side o.
Naco road is opening the TO a manner OF pros
pecting the district that by reason OF its economy IN
comparison with actual sinking or drifting is bound tc
greatly reduce the heSancy that has prevailed IN the past
-, IS Limit her
fronted with the heavy of prospecting by old meth
DDS The churn drill gets down the ground rapidly and
delivers that tells precisely what sort OF ground
il is cutting Properly operated and this does not present
difficulties il may be relied upon for results at
cost that represents but fraction of shaft expense and
vet from the prospecting standpoint results ha
are quite efficient and easily made much broader A
piece of mineral bearing ground sectoned with the
churn drill conceal but ltle from the operator anc
when he follows the drill with actual underground
workings calculated drill findings. he will find himself
close the mark the matter OF his earlier estimates as
TO the value of the property Inspiration. Miami Kay
Nevada Con- Utah Copper-aIl of the low grade porphy-
ries have determined the bulko their bodies with the
churn drill and are keeping II if
LIKE OTHER ideas the churn drill hes found
acceptance in the older camps slowly both because OF be-
lief that the harder ground Of the lime country would not
be favorable TO the drill and by of the natural in
cinaton always present TO stand by the time tried ana
methods known from experience deliver the goods Bis
bee leading the way among the Older camps in this COM
paravely method OF prospecting and the churn drill
work prosecuted do that determines that it can De o
lowed up with large saving of money we'll as of time
II is point that will mean great deel as the extent OF
operations the district expands the TO be proven ter
rtory TO the SOUTH where all signs pointing TO man
of activity in Development before great while tnat
will outdo the best of the past and make Bshee greater in
every way than previously in its history
NEW DEVELOPMENT signs every hand in
the heart OF the district because movement into
new areas or the part Of old operators ALWAYS the close
!orerunner of operations by interests The older
companies of the district prosecuting great deal OF
new work and ii is TO be said from what be seen
about the dumps that this work yielding results that
prohahY of the earlier Certain il