The copper era., 1901-01-17

differences between the StOchuOluefi
 had been adjusted. and that now al
 members of the company in Scotland
 were in perfect harmony. He consid
 cred himself pioneer in Clifton, and
 said there was a time when he knew
 every man, woman and child in the
 camp, but now after short absence he felt like a stranger. He spoke of the
 hard times through which the company passed when he first became associated
 with it. It was practically bankrupt,
 and had pledged everything to mort. gage company, and could not meet its obligations, but the mortgage com pany did not want the property. About
 that time Mir. COlquhouu assumed the
 management Of the company. and | things soon improved materially He | had confidence in the mines, in the
 company, and especially in the new
 manager, hence he commenced buying ! shares at S1.75, and while the company had since been reorganized, the capital stock had remained the same. but the
 same shares which he bought at that price were now worth. S93, or an in- crease of about 2000 per cent. At that time he was in the employ Of the com
 pany as a bookkeeper, but he bought
 all the stock he could get hold of, and
 now, thanks to the company and its
 superintendent, he was very comfort
 ably situated. He said he must give
 the credit to whom the credit was due
 for bringing the company from bank
 ruptcy to that of one of the strongest
 in the country. Mr. Colquhoun de-
 served all the credit for this. Had it been an American company, they
 would have thrown up during the dark days, as Americans are quick to know when they have enough, but Scotch company and management was different. The dogged tegacity char acteristic of the race, with proper man. agement, had made a glorious success of the enterprise.
 Paul Nicholas, superintendent of the
 mines of the Longfellow department, and also q heavy shareholder of the company, proved himself to be some thing of an orator, as well as one of the best miners in the employ of the com pany. He spoke of the immensity, per mancncy, the present development and future possibilities of the mines of the LOngfellow district. Enough ore was yi inrl- hn eaiI tn cI,rnl,- a rNl.I n tS of the company for many years to come, and they were only just beginning to mine. Last year the Humboldt fur nished 60,000 tons of ore and this year more than 90,OOO, and it's output with that of other mines, would continue to increase. They were now producing 0,OO0 tons per month, which could be doubled.
 Mr. Colquhoun, general superintend- ent of the Arizona Co.,, in response to the toast. The Arizona Copper com pany, stated that he came to the camp in 1883 and took charge of the smelting plant. It was to a great extent an ex- pertinent with him, but his good friend, Professor Douglas, then in charge at Morenci, gave him much encourage ment. The mines were then producing much high grade ore, but as the mines were developed the ore became lower, which necessitated increasing the plant that more of it could be handled. And so it continued from year to year until it was race for improvements in order to make copper cheaper. And so it was at the present day. The com pany was expending vast sums-he hardly dared to say how much-in wid- ening the gauge of the road, building a new concentrator, and new smelt- ing plant, which would greatly increase their output, and enable them to make copper at a still lower figure than here tofore. He said that during the bluest days Of the company, it had few friends who stayed by her, notably the Blinn Lumber company, represented by Beni. Titus and the California Powder Works, and he would never forget them for it. He referred to the Shan non Copper company as one of the new now operating here. He welcomed it, and wished it great suc cess, which with good management it should have. He said that the ore of the district was of low grade, but with such immense deposits. it was cheaply mined, and he regarded the mines of the camp as permanent. He thought there was yet much greater future for the camp.
 MT. w. B Thompson, in responding to the toast of the Shannon Copper company, stated that his company pur- chased the shannon mine, and com menced operating it about year ago. since which time they had driven more than 5000 feet of tunnels, drifts, etc, in opening up the property, and that the property was looking we'll. The company was working quite force of men, and would continue the develop ment of the property. On behalf of the shannon company he wished to re- turn thanks to the Arizona Copper and Detroit Copper company for many courtesies extended.
 All of the speeches and songs were not only good, but appropriate and highly and THE ERA regrets that it has not the space to give synopsis of each, as it feels sure that such a re- port would be Of interest to the public.
 At ten minutes to F o'clock. d toast