davidaulloa/AmericanStories huggingface dataset:
Arizona republican., 1916-04-30
Superior

The Superior Arizona Copper com pany is new organization. organ ized under the laws of Maine and has taken over the l.. $. X A. at Superior. It is understood that the Magma Cop per company holds the controlling in terest in the new company and Will cede several claims lying between the Magma and the l.. s. & A. property to the new company. The matter Of development work has not been def- initely determined but it is quite ike lv that a force of men will be put to work at an early date. A great deal of money has been spent on this property in the past but for several years the property has lain idle, how ever, it is believed by mining experts that this old property will come ir with systematic and miner-like eXplo- rations.
 Progress by the new company VII be watched with a great deal of in- terest locally because another devel' oped mine at Superior and in Pina county means greater development 1T other lines of business as most na' tural consequence.
Arizona republican., 1916-04-30
Mininq Dividends

The dividends disbursed by 35 cop per mining companies in the first quarter of 1916 were approximately S27 OOO. 900, according to compilations made by the Financial World. which goes on to say: Their actual earnings during the quarter aggregated $15,- 29ll20 This is calculated on a pro- duction of 24.S50.O0O pounds of cop per. produced at 1-4c average cost, and sold at close to 26c per ID.
 Actual dividends paid were there fore less than half of earnings.
 "The total dividend disbursements for the year 1916 bid fair to exceed s125, 100000 by very substantial amount-unless some unforeseen world catastrophe dislocats this nations do- mestic and export industries.
 Dividends paid by the strictly cop per companies in previous years s57,- s60,242,695 in 1913 (previous record year); about S52,000.OOO in 1912. and close to s3s.OOO.O00 in 1911 and 1910 The present year will be the first time in history that the $100.000,00C mark in yearly copper dividends will nave heen even nearly approached, lei alone passed.
 "The net profits of the thirty odd dividend paying copper producers VII exceed $500, ,O00,000 for year 1916. al the rate of earnings in the first quar- ter. The actual profits of the veal promise to greatly surpass this sum owing to greater production in sue ceeding quarters, and presumably bet ter prices for output.
 As against net profits of over $500, | 100000 from but thirty odd compan | ies in 1915. the entire gross value O the copper production of this countr. | in 1915 was "only" S2S5, 900. Ant last year itself made a record in thi
 respect. It is difficult to grasp tn full significance of this fact: that tn
 net profits this year. promise to ex
 ceed the entire gross value Of tn
 metal turned out in any year in tn history of the worlds copper trade.
 Most assuredly. the copper com panies are now in the midst of tn most profitable era in the history C
 the worlds copper industry"
Arizona republican., 1916-04-30
Copper Outlook

The. copuer metal market during the past week has shown even greater strength and new high prices have been recorded It is practically inn rossihle to obtain any copper below 2S cents even for delivery into l9lT and as high as 30 cents is said to have been paid for the metal for deliver ics during the next few weeks. Large sales have been reported and there has been steady demand from con sumers.
 The position of the metal is eX- trfmely strong, and the volume Tn which consumers here and abroad are buying. testifies to the belief on the part of consumers that the present market is legitimate and that the de- mand is of the most urgent character.
 The increase in the demand for cop per is out of all proportion to the in- crease in the production. lt IS pre- dicted that following the war the de- mand win decline materially, and that lower prices will prevail. Naturally with the cessation of the most urgent demand, for war purposes, there will be a reaction in the metal market, but there are other factors to be con sidered that will tend to maintain a strong market for copper for con- siderable time longer.
 Tn the first place, there will be very small supply of copper when inc war is over, as the available sup plies are being drawn upon steadily. The figures of the foreign visible sup ply in France and Great Britain show the smallest amount for a very long time, and of course. there can be no free copper supply in Germany. as there is excellent reason to believe that not only the stocks of raw metal have been exhausted. but supplies of manufactured copper are being re- duced for war purposes.
 No statistics of the domestic copper supplies are published now. but there can DC no question that the surplus is at q very low point. It will be necessary to restore the supply to a considerable extent after the war, as T measure of safety, as the visible supply is dangerously low. This is more important in Europe than here and a good demand for copper may be expected from abroad for some months. at least, following the war There is no present indication of any early4 cessation of hostilities. so that this is remote factor at the best, anc while the war continues the demand for copper will not be reduced.
 Recent advances in the price have he, n forced by the conditions. anc prcdvcers would be pleased if the price should not advance further. They re sisted the movement as far as pos sible. and sold copper freely as lont as they dared, in order to check thu movement, but the buying took oi such proportions that they wer obliged to raise their prices. By gen eral consent copper Is high enough.
 Producers are making extreme prof it's. even the highest cost producer operalng their properties successful at present. However long the stdengt of the metal market may last, a re action is inevitable ultimately and tn
Arizona republican., 1916-04-30
The Old La Pax Gold Diooinos

The new La Paz Gold Mining com pany, owning TAG acres of proved placer ground in northern Yuma coun- ty. Arizona. and financed principally by California investors, is making preparation to develop it's properties in large way. It has a new and modern hydraulic plant nearly all pur- chased and paid for. and it is ex- pected that this plant will be com pleted and ready for full operation early in october of the present year. The company recently placed an or der with a Los Angeles firm for five miles of 12-inch double riveted pipe to convey the water from the Colorado river to the reservoirs at the mines. It is stated that all the company owes, in spite of it's large expenditures for up-to-date improvements, is a balance on the pipe line, amounting to $15,0 ,000 payable in three ninety-day payments.
Arizona republican., 1916-04-30
The FiIlinq of a Lonq Felt Want

The opening this week in Phoenix of modern brokerage house equipped to handle expeditiously transactions of any size or nature in the stock mar kets of the countr would sem to in- dicate that the capital city is at last awakening from it's lethargy and is about to a"ail itself of it's opportun- ities. For years the lack of a broker age house in Phoenix has been re- marked by visitors and bewailed by mining men and investors from all parts of the east and southwest, who see in the city's location and it's in- creasing importance from the stand point of the tourist and the tremen- dous mining interests, the best argu- ments for an up-to-date brokerage firm.
 But it is not the passing stranger alone that has convinced MT. K. AL lyn Lewis of the need of a brokerage office in this city. Men who ought to know, say that Phoenix has turned l deaf ear to the dealing in legiti- mate mining and other stock long enough The point to the many excel lent opportunities on the stock mar ket today fo rthe safe and shrewd in- yestor, not only in metals, but in in- dustrials and railroad stocks as well. While all lines will doubtless attrac. attention. it is safe to say that the greatest interest in Phoenix for a long time will bes in copper. with whose | phenomenal performance even the | capital city IS now thoroughly ia . | miliar. Interest in the stocks of those | companies which are producmng Ar
 izona's greatest product in unprece- | dented quantities will be intensified by | tEe installa ton of direct wires to Je- | rome and Globe. two of the greatest
 copper producing camps of the state.
 MT. Lewis will use the private
 ceased wire system of Messrs. E. F
 Hutton X Co. members of the New
 York Stock Exchange. Chicago Board
 of Trade and other exchanges. Theil
 wire system is the largest private
 leased wire system in the world anC
 quotations can be obtained and deal
 ings made in stocks or bonds listed or
 any of the exchanges of the United
 States CT Canada. This will put tn,
 citizens not only of Phoenix but als, of other parts of the state in direc touch with all securities and ma rkets For 1t is an acknowledged fact that there is more legitimate interest in sound mining investments in Phoenis today than ever was known and some | of it's leading citizens are now the re spOnsible heads of some of the newer
Arizona republican., 1916-04-30

In case Topeka" Asphalt Concrete with cement concrete base Specified tor Number 31
 In case National Pavement Specifi- cation No. 33.
 In case Concrete Pavement Specifi- cation No 30
 In case "Bitustone Pavement Speci- fication No. 3f.
 Tn case Tarvia Filled Macadam Pavement Specification No. B.
 In case Asphalt Concrete with bi- luminous Concrete base Specification Number 37A.
 In case Dolarway Specification Number 3S.
 All of which above specifications are on file in the office of the City Clerk of the City of Phoenix. Said plans and specifications are hereby referred to for more particular de- scription of said work and made a rart thereof
 SECTION 2.
 That the said contemplated work or improvement in the opinion of the Commission is of more than local or ordinary punlic benefit, and that said Commission hereby makes the costs and expenses of said work or inn provement chargeable upon a district and hereby declares that the district in the Sald City of Phoenix, bene- fitted by the said work or improve ment, and to be assessed to pay the costs and expenses thereof, is de- scribed as follows:
 All of Bennett, Simms, Chelsea and Wentworth Additions to the City oi Phoenix, being bounded on the north | by the center line of Mcdowell Road on the east by the center line of Gen tral Avenue, on the south by the cen ter line of Van Bureu Street and or tn west by the center line of Seventh Avenue.
 Excepting theref"om any portion oi any public street or alley which may be included within the above de scribed district
 SECTION 3.
 The City Engineer is hereby direct ed to make a diagram of the district: described hereinabove in Section ?, O this Resolution of Intention, to be as sessed to pay the costs and expense. thereof Such diagram shall show each separate lot, piece or parcel O land in said districts and the relativ, location of the same to the work pro posed to be done.
 SECTION f.
 The said Commission finds tha public convenience requires that seria bonds shall be issued to represent tn
Arizona republican., 1916-04-30
Boston & Arizona

The Boston & Arizona is making arrangements to acquire additional property consisting of three claims which will more than double the hold- ings of the company and include mill site There is a vein, 25 feet or more in width. running through the property for the distance of two thous- and feet from which shipments have been made and shelter returns re- ceived showing between IA per cent and F per cent copper with gold and silver values
 The tunnel being driven into the property is inE25n feet and is supposed to be within GO feet of cutting the sur face vein at depth. If the surface in dications are borne out when the vein is cut ir the tunnel, and in this dis trict the surface ores are the leanest officials point out that the property would be a very rich one.
 As bearing on this a small strlngef showing on the surface which has been
Arizona republican., 1916-04-30
Ray Con

The most important points of this company's report was given in these columns at the time of it's issue. We again quote them as follows:
 The report says: "The total ore milled for the year was 2,S4S,969 tons. corresponding to a daily average of 7,SC5 tors as compared with 2.427, TOO tons in 1914. The total tonnage of ore milled since the beginning of op- rations and to the end of 1915 was 9.SS9,360 tons. averaging L717 per cent copper. The average grade of the ore milled for 1915 was 1873 per cent copper. as compared with Ire per cent for 1914. The average recov- cry was 64.11 per cent corresponding to 2115 lbs. Of copper per ton as com pared with 67.SS per cent or 239 lbs of copper per ton for the previous year.
 The recoveries were affected ad- versely during the first ralf of the year by irregularities in oerations and even more so during the latter half by in terference of construction work in mill improvements at a time when the price of copper was such that it was more profitable to treat a normal ton mage by increasing the load on sec tions not affected by the construction work even at some sacrifice in metal recoveries.
 The cost of milling increased slightly for the year and was 50 S6c per ton as compared with 49SSc for | the previous year.
 'The average grade of concentrates | for the year was 1928 per cent as compared with 1925 per cent for the year 1914. In addition to the copper contained in concentrates there were produced from ores shipped direct tc | the smelter 1,4256S2 lbs. making the | gross production of copper from al
 sources 62,540,190 lbs.
 "The average cost per pound of ne | copper produced from milling ores after making allowances for smeltinl l and refining deductions and creditinl 1 dividends from the Ray and Gila Val ley railroad (but no other miscellan eous income), as a reduction of oper ating costs. was 9.47Sc per pound. Th' combined cost per pound of net coppe produced from milling ore and direc shipping ore for the year was 9.497c as compared with Ss39c. per pound fo
 the previous year.
 "These costs include all operatin
 and general charges as well as F 1-2 per ton of ore milled, which Is applie to the retirement of mine developmen |. costs. This latter charge is equal | 59c per pound of net copper produce
 from all sources for the year. B crediting all miscellaneous income a reduction of costs. the per poun
 cost of net copper produced become
 9.A23c, as compared with S.76Sc for tn previous year.
 : Notwithstanding the many inter , fercnces and disadvantages eXpel fenced in operation during the yef
 and to which attention has been briei r iy directed. the annual output wa n substantially increased over that (
Arizona republican., 1916-04-30
6be MINES of ARIZONA

higher the price at present the greater will be the subsequent decline, so that from the standpoint of stability check to the advance would be de- sirable.
 A year ago even the most ardent bull would not have predicted so high a price for copper as is now being obtained for immense quantities. The outside figure that was predicted was 25 cents, and few had the courage to name even that price.
 Copper producers are making prof it's that would have been considered ridiculous If they had been predicted a year ago and they are assured of these profits for long time to come, because they have sold the greater part of their product for months in adVance.-F'inancial News.
Arizona republican., 1916-04-30

and larger transactions. in mining. III fact it has just come to notice that a property in one of the large mining camps ana now under the process of organization, will have the name of Phoenix linked with it's title.
 Phoenix is now becoming mining center and MT. Lewis the head of the office referred to. is well and favor ably known and has a complete and perfect knowledge of everything relat- ing to stocks.
Arizona republican., 1916-04-30
Some Big Figuring on the Big Jim
 Oatman

Tho Big Jim crosscut on the 2d, or 500-l level up to yesterday had passed through 90 feet width of ore without encounteriEg the footwai. One report announced $6 average value across the 30 feet. with F feet running $17 ton. This report is manifestly in error since. if l2 feet assay $l7 per ton. the remaining IS feet would have to assay $1.33-less- than nothing to bring the to $6 per ton.
Arizona republican., 1916-04-30

costs and expenses of such work or improvement and said Commission determines that serial bonds shall be issued to represent each assessment of Twenty-Five (s25.00) Dollars or more for the costs and expenses of said work or improvement Said se- rial bonds shall extend over a period ending nine (9) years from and after the second day of January next suc- ceeding the date of said bonds, and an even annual proportion of the prin- cipal sum thereof shall be payable by coupon on the second day of January every year after their date until all is paid and the interest shall be pay able semi annually by coupon on the second day of January and July re- spectively, of each year, at the rate of 1 six co per cent per annum. on all sums unpaid, until the whole of said principal sum and interest are paid
 SECTION ,.
 The serial bonds herein mentioned shall be issued in accordance with the provisions of Title VII. Chapter XIII. Revised Statutes of Arizona, 1913. ! Civil Code and amendments thereto i and all the proceedings in the afore- mentioned improvements shall also be taken under Title VII, Chapter XIII i Revised Statutes of Arizona, 1913, Civil Code, and amendments thereto
 SECTION 6.
 The City Clerk shall certify to the passage of this Resolution of Inten- tion and shall cause the same to be published ten G0) times in the Ari- Zona Republican, daily newspaper published and circulated in the City Of Phoenix and hereby designated for that purpose.
 SECTION [.
 The Superintendent of Street of the City of Phoenix shall post notice of said proposed improvement as re- Quired by law. and in said notices shall refer to this Resolution of In- tention.
 Approved April 12. 1916.
 GEO. U. YOUNG,
 Mayor.
 I hereby certify that the above and foregoing Resolution Number ITO, was duly passed by the Commission of the City of Phoenix at a meeting held April 12, 1916 and that a quorum was present thereat.
 l FRANK THOMAS,
 City Clerk. First publication. April 21. 191S.
 Hire a little salesman at The Re- publican office A want Ad will see . more customers than you can.
Arizona republican., 1916-04-30
Fri Bullion

The Tri-Bullion Smelling X Devel- opment Co. is mailing to stockhold- CTS statement announcing the in tention of the company to immediately begin development of it's Starlight Graham County, Arizona, copper prop critics, Cn which no work has been done for eight years.
Arizona republican., 1916-04-30
A GOOD ONE
To Those Interested in Mining Ven
 lures

Dreamer of energy with experience in mining prospecting in various lands, wishes to form an exploration syndi- cate and get into private correspon- dence with those with money willing to take a flyer into the unknown. Ap- ply Imagination" care the South Pa cific Mail.
Arizona republican., 1916-04-30

cut in the tunnel, showed an increase fr width as well as very strong i'm provement in quality. Shipments from this stringer of eight inches ran be- tween 32 per cent and AZ per cent copper.
Arizona republican., 1916-04-30

United Verde Extension April ship ments to date average about 200 tons daily, versus 150 tons in the first quarter and about 100 tons per diem early in the year. It is understood hat the ore as forwarded runs l5 to l6 per cent copper instead of 10 to 12 per cent. as President James s. Doug las conservatively anticipated. At this rate the minimum production for the second quarter should be close to B. 100000 pounds. net and a minimum profits slightly over S1.000.00O $l per share for the three months. This is based on 27 1-4c copper and lie costs ircluding all expenditures.
Arizona republican., 1916-04-30
United Verde Extension

A few months ago. q development drift was started south from the Edith shaft on the l.400-ft, or bottom, level of the United Verde Extension mine, at Jerome AriZ. l nJanuary of this year a crosscut was run from this drift, and it broke into q body of en- riched chalcopyrite ore. Since that date the south drift has been ex- tended about 275 it.. all of which is in ore. Crosscuts have been run at intervals of 50 it., and so far have proved the orc body to have an aver age width of about 150 it.. without. however, having encountered the east wall of the ore in the southernmost crosscuts. Of the two raises one is now up 70 it. and is still on ore. A winZe in the orebody to go to a depth of 200 ft., has been started,
 There is now developed a body of copper ore of an average width of 50 it. the longitudinal extent of the ore is still unknown. but it exceeds 275 fl. The orebody is a massive sil
 iceous chalcopyrite, enriched with chalcocite, and will average throuogh
 he entire body about l5 per cent cop per, 1 12 oZ. silver and S1 in gold per ton This Orebody is now suf
 ficiently developed to give to the United Verde Extension mine the promise of being a producer of great wealth. It is still being developed in careful and conservative manner, and only the future can tell what the extent of the orebody will really be, especially in depth. From develop ment work. ore containing about D. | 000, 900 ID. of copper was shipped. in two grades, of 15 per cent and 90 I Queen Consolidated Mining Co s | smelling works during the month of
 March. and this production will prob | ably be increased.
 Work on the United Verde Exten- l sion property was first begun in the | year 1900 and over s300,000 was spent | prior to the reorganization undertaken by the present company. Since De- ] cember, 1912, when the last develop.
 ment campaign was started. over 20.
 00G f.; of development work, including | work done in the Jerome Verde
 ground, was done before the presen l extraordinary body of ore was en. | cOuntered at a depth of over 1900 fl
 from grass roots and at a distance O
 ever 2.000 ft- fro mthe original Dais!
 shaft In this section there can b.
 no easy finds" discovery of orebod
 ies requires long and persistent effor
 md heavy ,expense.-By Walter T. Os
 born, engineer to the United Verd Extension.
Arizona republican., 1916-04-30
This departmsnt is under the di-

This department ls under the di- reotion of Mir. W. E. Deity, the we'll known mining engineer, who will carefully scrutinize all mat ters relating to mining in order that only reliable information re- sardine legitimate enterprises shall find a place here.
 The Republican would be pleas cd to receive information from any part of the state regarding the development of the mining in- dusrry. All communications should be addressed: Mining Department Arizona Republican.
Arizona republican., 1916-04-30

Hire a little salesman at The Re- publican office. A want Ad will see more customers than you can.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-05-03
STOMACH TROUBLES

Digestion is largely a mechanical
process. When there are stomach
troubles there is usually a weakness
of the muscles upon which digestion
so largely depends. To strengthen
these muscles and overcome stomach
troubles our druggists. Stone &
Mercer guarantee Vinol. a reliable
non-secret remedy, which contains
iron 10 purify and enrich the blood,
the medicinal extracttiyes of fresh
cod livers without oil, and the nour-
ishing properties of beef eptone.
all combined in n delicious native
wine. II you are suffering from
stomach trouble. it will pay you
TO try it.-Adyertisement.
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-05-03

and six months from date of sale, with in.
tercst from date with good personal Sc.
curity. md a vendors lien retained to
further secure the payment of the unpaid
purchase money.
CORNELIUS e. DAVIS.
CHARLES e. SCOTT.
j. l.. HORNoR.
Trustees
The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-05-03
The earth's population reaches n
grand total Of 100000 persons.

spain is credited with producing
more than three-quarters Of the
worlds supply of olive oil.