Arizona republican., 1920-11-14
| owest copper Bid


 PRESCOTT-After several days Of sitting tight, the big producers of cop per seem to be less inclined to sell the metal under Is cents, although Wall street reports a sale of 100000 pounds to French interests. This is no indi- cation, however, that heavy foreign buying will come into the market at this time. The bid of 14% cents per pound was the lowest since March 3, 1919, when the quotation hung around that figure for several days. Outside of the present decline the low quota ton on the metal in 1915 reached 12.S cents a pound. We must attribute the present decline to lack of demand, for ever since the close of the war the copper producers have been at a~dis advantage, since they had heavy stocks of the metal on hand. with practically no demand to relieve them of their sur plus, so they would be free to operate their mines in a normal manner Journal Miner.
 Strikes Ore Vein
 MIAMI - After years of patient search, years filled with hardships, danger and toll, J. (Shorty) Hubbel, one of the earliest prospectors of the Gila county mining district, believes he is about to witness the realization of 1 his particular "El Dorado" dream. That his belief is not without foundation is | indicated by a specimen he was exhib- iting in Miami recently. The rock dis played by the prospector will run, ac cording to the verdict of experts, in the neighborhood of 5000 gold and about 30 ounces in silver to the ton. Assays of the mineral are now being made. MT. Hubbei has found quan- tity of ore which runs equally high in values in the vicinity of Mineral creek where as been systematically pros pecting for the past two years. To date he has been unable to find the ore in place, the specimens being float. which Is found in large quantities in a small area A promising outcropping, re- gently located, is now to be worked, il being the belief of the locator that ors similar to that which is found nearby will be found in place at depth.-Bul. letin.
 To Interview Secretary of Interior YUMA-Colonel B. F. Fly left on tn, Golden State over the Southern Pacific at o'clock yesterday for Washington D. C., to lay before the secretary of tn, interior and the chief of the reclama tion service some matters of impor tance to- all Yuma Valley land owners : On December 1, under the reclama ton law and the rulings of the recla nation service, water will be shut of from all lands held by owners in exces . of the farm unit of 160 acres. Al water will also be shut off from al lands held by nonresident owners that is. if an owner does not live on hi land or in the neighborhood, service 0 water to his land will be discontinued Also all homesteaders who have mad filing since the passage of the recla nation law or the acceptance of tn Yuma project who have not selecte their farm unit of 40 acres and dis 7 posed of the remainder of their Is , acres will have their forty acres al lotted and selected for them by tn , land department and the 120 acres nc so selected will be forfeited to the gov
 ernment and will be subject to entr
 or sale as the government elects.-Sul
 To lrrigate Big Tract
 .NOGALES-Weld Bailey, manage
 oR the south end of the Baca Float a strip of land comprising about 5000 z acres just north of Nogales, has al i, rived from the East where he has bee :, for the past two months and announc, '1i taht irrigation of land will be startt
 soon.
 q MT. Bailey states that he would ha, - several wells sunk immediately ar |, would convert sections of the Flo ~ into fine irrigated property.
 This announcement will interest NJ
 gales people as it adds to the agricu
 tural industry in Santa Cruz county.
 Oasis.