The copper era and Morenci leader., 1922-07-28
Concentrates
ARIZONA MINING JoURNAL)


 COPPER SITUATION: A further improvement in the copper market brings the price of the metal to fl cents. The market is gradually hardening until at present but small amount of copper is offered below this price, which is the gen. eral asking and selling level for me tai for early delivery. Both do nestle and foreign sales have in- creased
 HUMBOLDT-The Swansea Lease, Inc, acting through G. M Colvoco- resses general manager of the Hum boldt smelter, is acquiring the Ari- zona-Swansea railroad, an industrial line, extending from Bouse to Swan sea, Arizona, distance of about 27 miles. The Swansea Lease is oper- ating the Swansea mine which is supplying ores to the Humboldt smelter.
 JEROME-The United Verde Cop per Company has blown in third furnace at it's Clarkdale smelter thereby increasing the production of copper by 50 per cent. The company is now producing the red metal at capacity and with the new additions to the plant will be in a position to turn out 15,o00,o0O pounds of copper; a month when conditions warrant it..
 BISBEEIThe Copper Queen branch of the Phelps Dodge Corporation has resumed operations on a slight scale at Sacramento Hill where steam shovel operations were in progress at the time of the shut down. The ac- tivity at present is confined to the quarrying of about 4,000 tons of sil- icious ore a month for use at the Douglas shelter.
 JEROME Development of the Ventura Hill and Verde Apex pro- perties, which were acquired recently by the Verde Central Copper Com pany, will be carried out through the extension of underground connec- tions from the Verde Central worx- ings, now at the $50 level The new territory, adds approximately soc acres to the Verde Central holdings
 LORDSBURG+Ope at the Last Chance mine of the White Syn- dicate Special. have been increased by the starting of the 50-ton milling plant which will be run continuously by three shifts. Two shifts are also at work in sinking the main shaft. while one shift is employed in de velopment work, under the direction of D. R. Finlayson
 WARREN-Construct of the |; new railroad to the properties of the Erupcion Mining Company, located in the Los Lamentos district of Chi huahua, Mexico, is now practically complete, and ore shipments will soon be started to the smelter at Fl Paso. The properties give promise of becoming large producers of lead 1 with some silver
 SILVER CITY-B. P Goodier and associates, who are operating the Boston Hill manganese properties are negotiating for the lease of the i Stevens estate properties in the PinoS Altos district, kown as the Houston Thomas group. The claims are old producers of lead-silver ores and are near the Cleveland group of the Elm l pire Zinc Co.
 1 JEROME-Actdve exploration and development work at the Shea Cop | per Company property is expected tt be under way by August l, following the strengthening and retimbering of a portion of the shaft The Shea will install a new hoist as well as i additional drills and jackhammers in preparing to push the work which is under the direction of Oscar En l gelder.
 1 DOS CABEZAS - New electrica | power facilities which are now beine ! installed at the property of the Cen tral Copper Company, will give the company considerable additional power which is now required to assis, ] in carrying out the aggressive pre- gram the company has mapped out for the further development of the l properties.
 It looks as if that MnscJe Shoals