Bisbee daily review., 1915-11-21

pany falling back from that position It has shown its ability To produce al a rate of 65.00O000 pounds of copper per annum and that even then it was running at full capacity cannot bC stated Its properties in the Warren District appear Co grow greater with each days development and never has it had SO much ore in sight. such vast reserves as it has al this time after its great record of production
 The first half of The year 1914 estab. lished records in production for the Calumet and Arizona Mining Com. pany Its splendid new reduction works at Douglas were operating with a smoothness and success that was all that could be asked lts output from the mines in ihe Warren District were month in and month out. running up into record figures. For the first eev. en months of the year it operated on a record ba. of 65O0O. .O00 Then came the nece .y for curtailment when the regular copper market became as nothing The Oliver and Hoatson shafts were closed down. working forces were reduced. all acquisitions for supplies were cut to the minimum and a curtailment of output of SO per cent was speedily effected This con tirued until after the first Of the pres ent year Despite such five months cur'ailment the output from it- smeIt- CT in Douglas amounted to 49.992 gOg pounds of copper from it's own mines for the year practically 5OO0O GOO pounds per annum for the year 1914. md. including customs ore, chiefly from the sfatuck Arizona Mining
 cmpsny .ae melter output was 52 - i1.929. addition 10 this copper lere " recovered a total Of 922.- l4347 ounces of silver and 24122 O7g of gold. or these precious metals 578.- 6o6.O7 ounces of silver and 19.7447 729 ounces Of gold came from its own mines.
 Although production was materially curtailed during the latter part of 1914. development and exploratory work were continued in as great volume and on the same scale as in the aute-bel- lum days The company desired to maintain Inc integrity Of it's oreanjza- ton 7r as possible and took this methC. Q continue the employment Of large numbers We must otherwise be dispensed with. In such employ ment preference was given to married men and to American citizens. policy which won for the company hundreds Of friends in the Warren District
 Such exploratory and development work further tended 10 keep the mines in first class physical condition and to open up further reserves in prepara- tion for later increased production.
 The new year brought a brightening in the metal situation A demand oc- casioned by the need of copper for war purposes opened mp new market. brought some demand and with it a dcdniteness in prices that had not for months existed In the Warren Dis trict the the Calumet and Arizona Com pany was the first to take cOgnizance of his and 70 make restoration in its
 
 first, but with a further crystalizing and steadying of the copper market still more operatives were added. In- crCases in copper prices and in de mands still further continuance of the policy of keeping up with the demand until c. 6. A. was employing about as many men as in the immediate ante belIum days and was reaching out again for production records. although figures of its production month by month since January first have not been made public It is safe state mcnt that unless there shall be an i'm. mediate and most unexpected change in conditions last years figures win Doe considerably exceeded when the 1915 report shall be presented to the shareholder
 When Calumet & Arizona is men toned Superior and Piusburg is in. cluded. for. while the two companies present separate reports to stockhold- CTS. the latter is largely owned and controlled by the former In the out put of Calumet and Arizona the two are always combined Thus at the present writing the forces in the mines Of those two companies is about equal 10 the largest ever at any time em- ployed under the new sliding wage scale. based on the prevailing price of copper its payroll disbursements are The largest that it has ever known. In.
 uding the dividends paid by the lat ter cOmpar Che net earnings of Calu-
 ef & Ar 1Ha for 1914 amounted to 6fa.09TL Dividend bursements
 the ,. lunted to gl,851 .O0S 75. During tta year Magenta. Black Hawk. War Eagle and Naco Pass claims. con taining C5 acres of patented lands were added to the holdings Of Inc com pany n the Warren District
 The 1914 repOu Of General Manager Greenway shows that C & A. did 682S feet Of development work in the Irish Mag Oliver Powell and Cole shafts, Of which 577i was done in the oliver lu 'he east end Of the 1250 level o . property a large body of sulph.f was encountered and has since blocked out ln Che Supen .- -rT T.ff.Isrr IglgUu9. fI.r. ..a a