Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1913-03-09
Mr.. CLEVELAND DODGE In

naton or the present large demand from Europe tor gold
Mr. Dodge in considering the several for scarcity
of gold Europe and the contraction activities that
has been in evidence there the last several months with
consequent effect upon the alance of the world and
particularly upon activities in shares and other securities
as wei as upon demand for the baSer metals used in in
duSral lines pointed the fact that the Balkan war
had resulted in general in Europe with con-
Sequent Withdrawals amounting enormous sum in
the aggregate from European banks. Small depositorS
i'll particular cared TO take chances and drew their
money out. With the Balkan situation adjusted per-
manenty as soon will be if advices from thoroughly
reliable sources are 10 be given credepce this money
will be returned TO the repositories from which drawn and
there will be return of the oney called for from other
sources 10 replace IT,
GOOD NEWS In relation TO mining in Arizona
generally is conveyed in the announcement that Frank
Hitchcock expostmaSter general has become associated
with HoVa A. Smith in the atterS mining enterprises.
The latter include Warren dist properties. Globe and
other interests Mr. Smiths acquaintance with Arizona
mineral values is very wide and he probably has init
mate acquaintance with properties of present and pros
Pectve value as any other lining operating within
It's borders. With this knowledge he associates large
enterprises and with the new alliance he has made in
business way will doubtless be position carry out
his ideas with eer hand than he has had in time
MR. Hitchcock enjoys eastern business connections of
very powerful kind in mining and general business under
akngS and the reported alliance with Mr. Smith cor
rect limit may be placed pom the scope of activities
that may result to the advantage of the large and
TO considerable of Warren district territory par
ticulaT.
LEAD-SILVER Comprises no new value in the War
district although recent discoveries in the Shauck
and the announcement of James LetSon and associates
OF their intention TO go after these values in the Higgins
lease they have lately secured brings eadSlver
prominence locally than enjoyed in some time. 1t is
worthy of note that concident with the picking up of in
tereS in eadSlver in the Warren district Globe
district is turning large attention these values with
result that the old time silver camp, this value having
much antedated its copper producing again coming
back prominence in the consideration of those inter-
eSted in the white metal The latter, by OF chang
,J;t;r, I,llo
Chinese financing going on will make big demand
silver stocks. is in better position than in long time
with all indications facoring a material uplft in price
during the next few years.
BISBEE MINES Have had lead-slver values quite
aside from their copper bodies for many years. al
though silver has been not unimportant byproduct of
the copper ores in company with the gold side values
playing important part in paying the costs OF copper
production. The Copper Queen mines many years ago
determined the presence of large eadsver bodies in
various portions OF the prop critics. mainly along the
north side and in close proximity TO the Higgins line
Exploitation of these bodies has been carried
TO full length they having in fact been but little explored
for the that the company has given IFS large eff
forts copper mining being well satisfied to leave the
leadsver ore resources stand as the very valuable as
they represent Very likely the decline in silver
coupled with the fact that the company did need the
additional production had much dolwith business de-
ciSion let these metal values stand until silver should
again in price The last several years the market for
silver has, with few exceptions in slight breaks, added
steadily the value of these untouched of the
company.
THE HIGGINS Lease in view of these facts and of
the known presence along its south line of ead-silver
values made look exceedingly good apporu-
itv for the making of shipper that under proper manage
men should return neat dividends TO investors in its
stock Should it do will be the first ead-siver
lease in the camp make returns for fortunes were
taken OF eadsyer leases in proximity to the Higgins
line and in other localities Copper Queen ground at
no long ago date by individual operators who secured
their rights from the company during comparatively
short period in which they followed the leasing policy to
small extent, presumably for the purpose of getting