The copper era and Morenci leader., 1922-02-10
Concentrates

COPPER SITUATION-The copper market is being kept moderately .ac tive of late by the increasing pur chases of foreign, especially English French and German users. The price has been running between 135a and II cents and it seems to be now re garded as doing about the stable price of copper due to the influence of the competitor metals. Their is indication of considerably increased demand from domestic consumers in the early spring. Every large copper mine in Arizona has announced re. sumption of operations but one.
 OATMAN-The annual report of the United Eastern shows a produc- tion for 1921 of almost $2,OO0,OO0 There are continuing reports of greatly depleted ore reserves but the continuity of operation of the company has now been cared for by the pur- chase of the Fl Tigre mine in Mexico
 KINGMAN-The reports coming from the Macy Lee mine are extre- mely encouraging for the opening of another large mine west of Kingnan and south of the famed Katherine District in the same range. Forty dollar averages are reported aIthoug.. the work has not yet reached the place heinz d1-iVpD foY.
 4UMA-A historic old producer is again being opened up in the Fortuna Mine. This was one of two old time gold producers and prosperous mine a decade ago but the losing ot the ledge through faulting stopped the work which has now been re. sumed. They plan the first work on the 500 level.
 CANANEA-Although there has been no announcement of resumntion of operations, over 1000 men are reported to be working at Cananea getting the properties in readiness for production at an early date. The date of starting probably depends upon the ability of the smelters to take the ore
 JEROME strike at the Verde Central property has created con- siderable excitement This property which is controlled by c. & A. inter- ests, has encountered ore running as high as 20To copper with silver values, according to reliable reports from that district: New machinery is being installed. ,.
 YUCCA-Fourteen carloads of ma. chi1ery has gone to the Old Nc Cracken mine, thus starting the work on another of Arizona's old time producers. A large milling plant is being erected by the new owners of the property who took it over short time ago and have lost no time in getting the work started.
 SALTILLO-The Mazapil Conner Company is resuming operations giv, ing employment to about 5000 men. The smelter at Saltillo and the mines at Conception del Gro will shortly be going full blast. This work is con- trolled by English capital and the property has been shut down for over a year.
 WILLCOX-The most recent list. ing of the number of ore openings on the Central Copper Company prop erty, shows over sixty faces in ore. This is the old Mascot property part Of which was under lease to the A. s. and R. during the war and some half million dollars value was ship ped.
 GLOBE-The starting of the work at the Arizona Commercial is de- pendent upon the operation of the Old Dominion Shelter. Advices from the Boston office of the A.. c. indi- cate that work will be resumed jus. as soon as the shelter can take the ore. Development work has been kept up and the property is ready to go.
 Inspiration-While the Inspiration Consolidated Copper Company has made no announcemenys as to date. the delivery of seventy carloads Of fuel oil to that property in the past ten days and the continuing to add to their force, indicates that announ- cements are not far away.