Bisbee daily review., 1905-04-30
BLACK DIAMOND IS
 ID HAVE ATTENTION
FROM THE HANDS OF THE MICH IGAN CROWD HOLDING
 STOCK IN IT.
Send a Delegation to Annual Meeting. Correspondence From Copper Coun- try Tells of Conditions as They SN- ist There.
MICHIGAN LETTER.
CaI,,r,et AnriI 25 1905.


 You all know of the continued sag ging tendency in the Bisbee stocks and I regret I am unable to report any thing encouraging from here at this time. The past few days have prov eu. if anything, worse than ever. and our brokers say they see nothing help ful in sight About town one meets the habitual traders, and they look glum enough. Reasons for the de- cline have been pretty well canvassed. and they range all the way from prof it taking to a spring chili."
 It is said that the selling has been largely from Duluth and that the Houghton county holders are as firm as ever. It is assumed that those who sell are doing so in the eXpecta- ton of picking up stocks later at a lower price. and while they may be able to do this it seems rather dan gerous plan in view of the general his tory of the Bisbee stocks. One brok- CT professes to believe that We have already entered apOn the usual sum- mer dullness. and that no activity may be looked for for months to come. He says all Arizona and Boston stocks have had a good boom, and that good things cant last forever.
 No doubt the North Butte has had it's effect on the Warren District stocks. and the latter do not seem to rally from that effect in the way it was hoped, but traders fall back on the argument that the Bisbee proper ties have the intrinsic merit in them, and that any further pronounced stock price decline is practically i'm possible. None of the Bonanza Circle propositions show any noticeable favor over the others. and it is presumed that good development news from the properties would not tend to raise prices much at the time.
 Tn Copper Country renewed ac- tivity alr along the line is noticed in all the properties herewith the ad- vent of spring weather-and this tends to withdraw attention from stock trad ing generally.
 Much house building is noticed all -orS7aE-Ile Copper Country. and local i'm provements is the 6F@ef of. the-day upon every side.
 The threatened "strike cloud" seems to have passed away, happily for us all Some of the strikers have been compelled to return to work on the old basis, but work is now in full blast at all the properties. and the appa- rent passing away of the impending general strike seems to bring feeling of relief on every side.
 We still have the street car strike, however, the cars being operated by foreign employees, and more or less dis comfort and i'll feeling being occasion ed by the existing conditions.
 Owing to a serious mishap to the great Houghton county bridge across Portage Lake, between Houghton and Hancock, the Copper Country is cut off from the main land very effective ly. The first boat of the season blow ing it's way through the shell ice on it's way from Duluth to the lower lake ports bursted into the swing span of the great bridge with such force as to pitch the steel structure into the lake.
 This bridge was the sole connection between the island on which the great mines are situated and the main land and it was used for bringing practical. ly everything into the Copper Country As 2 result great inconvenience =iii 55 experienced by the merchants and some of the mining companies, as well as those who travel to this point. Tem porary transfer arrangements, of course. have been made, but the War Department. now in charge of the bridge, declare that the entire draw i will require to be rebuilt. This will require six months time. so that the ! several railroad companies using the bridge for their trains will be com. pelled to install a car ferry service. The Black Diamond stockholders in the Copper Country held a meeting on | Saturday last and decided to send a representative with proxies 10 the an
 nual meeting about to be held in West Virginia. This probably pIesages the ] letting a little of the Lake Superior mining intelligence into the manage
 ment of that property, and it is hoped