Tombstone epitaph., 1922-03-26
WEEKLY RESUME OF
 ARIZONA MINING ACTIVITY

' Copper Situation-As evidence of the improvement in the copper mar kot is the continued refusal of sey- eral oi the large producers to release more Of the metal at sacrifice. Fa- miliarity with conditions in the for eien market and confidence in an early increase in demand from Euro peon buyers are responsible for this attitude Germany. in particular is expected 10 become large buyer as a result of the placing of enormous orders from south American coun- tries for electrical machinery which will take large quantities The low value of the mark has not prevented Germany from buying copper at l3 II cents F. Q. B. Hamburg This price terminates the end of March and new contracts will call for higher price
 Air-Work is to be started al once on sinking q well for the water sup ply for the new 5000 ton concentra- tor of the New Cornelia Copper Co This plant is to handle the large sul- phide ore bodies of that company
 Bisbee-T The appointment of D. D. Irwin. former general superintendent of the Moctezuma Copper company to the general superintendency of the Copper Queen Branch. Phelps Dodge corporation, has been announced.
 Fl Paso-T The Ahumada Lead and silver Company development work showing 10000 Otons of ore in sight is remarkable and warrants the pre- Giction that this mine will shortly be one of the foremost of that rich dis trict.
 Wilcox The report that the Cen t-al Copper company is to start ship ping immediately is believed to be without foundation as they have con centrated towards the opening of new ore bodies rather than blocking out the sixty odd bodies for mining
 Douglas Statements evidently com ing from bears" on copper indicate that the Douglas smelters are likely 10 shut down again These state ments have been offset by recent def mite announcements from both the Copper Queen and the C. and A.
 Jerome-A completion of financial arrangements has caused the an nouncement that the Calumet and Je rome Copper company will resume de velopment within the next month Former development by diamond dril showed very favorabIy.
 Mexico City-Mexico produced 3S., per cent of the total silver of th' world in 1921 while the United State! produced but 3l per cent during ,h' same period. 1922 production in Mex ico will greatly exceed 1921
 Cananea-The Green Cananea com pany. which is partly controlled b. the Anaconda. will be called upon l. supply a part of the copper for Am erican Brass. This means that ther will be an increase in their capacit to 500 tons daily.
 Nogales-A s5.O00.000 corporation has been formed 10 prospect and de velop the northern half Of the Lui Maria. Baca Float, north Of Nogale. The area is one which was historica ly important in old Spanish days.
 Miami-The Porphyry shaft, whic is being sunk by the Inspiration Cor solidated to a depth of 1400 feet the largest shaft in the state, 16x2 in the clear. It is to be five con partment, concreted and is now dow about 500 feet
 Oatman-The success of the Ga man United in developing by diamon drill has caused an influx of diamon drills into the Oatman district and large number of announced plans fc drill. Oatman is very active at pre- ent.