Bisbee daily review., 1916-10-29
OUTLOOK BRIGHT FOR FUTURE IF ] s 4 SAYS
 EDITOR
George Newett, Editor of iron Ore, Writes of Present and Future of Calumet and Ari- zona at Bisbee and Ajo.
GREAT POSSIBILITY
 FORCASTED FOR MINE
Effect of New Cornelia's Pro- duction Will Place Compa- ny Line of Making Hundred Million Pounds a Year.

Calumet & Arizona Mining compa- ny is a very busy organization at this time and promises to be long in the future. says Iron Ore. Its mines at Bisbee never looked better and never before showed so much ore in reserve this despite the large tonnage mined this year, taking advantage of the high price at which copper is selling When the company practically rebuilt its shelter. putting in modern plant of much greater fiexibility and eff ciencv than the old. there were those who thought the old one good enough. The wisdom of having better. with greater capacity and ability to lessen costs is now auparept as the company has been in position to take advan- tage of the present extraordinary coD- per market and has been making phe- nomepal earnings which will undoub- tedly be reflected in future disburse- ments to shareholders.
 Has Good Custor-s Business
 In addition to treating its own ores in it's smeltery at Douglas. the Calu- met & Arizona is also handling ores for Shattuck Arizona. United Verde Extension and S5 Mining company. This is a very profitable business and at the same time of great benefit to the concerns it is doing business for. United Verde Extension is talking of building a smeltery of its own. but there are those connected with it who believe that their contract with Calu- met & Arizona is satisfactory and should serve their purpose for some time 10 come or until their mine has been brought to still greater stage of development.
 Rich Ores From New Cornelia
 Iron Ore is pleased to announce that New Cornelia is now shipping high grade ore. from Aio to Douglas and expects to win considerable pro- fit from it. The first shipment con sisted of two cars that averaged slightly below per cent copner. and it is the plan to increase this shin ment Un to six cars Dor dav. or 300 tons within the next thirty days. If this shiument can ba maintained. and the present price of copper holds. there will be earned about s120,000 per month on this direct smelting ore plone. or at the rate of net earning of s1 .440.000 per year. which would rep resent mnrn than one-ouarter of Cal umet & Arizona's present annual div idend disbursements. If New Corne- Tia can send to tho smeltar BOO tons daily of nerrent direct-smelting ore it proves that it rossesses q pretty good hieh-grade mine in addition to its immense tonnages of low-Prade ores These higher grade portions Of the deposit were computed on the same basis os the average Of the en- tire low-grade mass. at about l F per cont.
 Leachino Piart Ready Next Mont,
 Tn Mir John c Grpanwav's estimate as to the probable time required to get this great teaching plant in readi- ness for oneration. he stated that he honed to finish it bv the first of next July Mir Greenwav now has honas of having everything ready for teaching by the first of next Mqrch. or four months earlier than he had previous lv estimated. which is certainly most gratifying in such times as these we have been exneriencing in the secur- ing of material for any purpose. It will be record job and one that will be much talked about bv people who are familiar with the handling of such immense tonnages as are necessitated . for this great work. Incidentally it will hn very fine commitment to the efficiency of the company's general manager. Mir. Greenway. and to his able corps of assistants among whom must be prominently mentioned MT.
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