Bisbee daily review., 1905-05-02
MINING IN CLIFTON
 END OF TERRITORY
SHANNON DECLARED TO BE IN SPLENDID PHYSICAL
 CONDITION
Tipped as One of Best and Safest Stocks on Market-RepresentatiVe of Foreign Stockholders of Stand ard Visits that Mine.
Copper Era.)

Copper Era)
 Ambrose Burke was in town last week from his mines in Coronado mountains. and reports everything in good shape at the camp.
 The recent high water in the Frisco is the cause of much annoyance and delay to companies operating up the river The river has practically put them out of business for four months, as it has been impossible for them to get supplies except by pack trains. The floods have not interfered with the operations of the Sierra de Gro company.
 Edward Robins, @ lawyer of Lon don. England, representing the for eign shareholders of the Standard Copper mines. arrived last week on a tour of inspection and inyestiga- ton. He spent one day at the mines and expressed himself as more than well pleased with everything. The principal object of his visit was to secure a representative on the board for the minority shareholders, and also the re-establishing of an office of the company in London. Presi- dent Ross was agreeable to both prop ositions and the matter will be taken up by the board after the next regu- lar meeting. While twelve hundred miles at sea MT. Robins received a wireless telegram from home inform ing him that a son had been born to him since his departure. He will have the message framed and hung in his office as a souvenir.
 For many months past the best of reports have been coming from the Shannon mine, which is now in bet ter shape to produce a large tonnage than at any other period of its his tory. The ore now exposed in the Harrison tunnel, from all accounts. will compare favorably with any other body of ore ever discovered in the district. as to quantity and quail tv. It has a much higher uniform value than ore heretofore found in the mine. Owing to the immense tonnage now available in the stopes the management have found it ad- visable to blow in a second furnace, and from now on the company will produce an average of 100000 pounds of copper per month, an in crease over previous records of fifty per cent. As this increased output is mined and treated at only a slight increased cost. it will be seen that the net income to the company in the future will be double what 1t has been in the past, and from now on the company will be on Easy street, - and will soon take it's place as one of the big companies of Arizona. Like all new companies, the Shannon has had somewhat of strenuous exist ence. It has never been failure. but in it's early history it was boomed until shareholders expected entirely too much from it. Many of them seemed to think it was the only cop per mine in Arizona, but when the plant started and they discivered that the mine was not a bonanza, the price of the stock declined from the ! twenties to an average of between seven and ten dollars per share. At one time last summer it dropped to three, and then speedily recovered and has since been ranging between seven and eight until the past week when it dropped to six and half | People who are familiar with mining would naturally suppose that condi i tions ai the mine and plant would to some extent at least reflect upon the stock market, but it seems that it does not always do so. It has moi ] done so in this case. The confidence
 of the public has not been fully re
 stored since the first drop in stock
 though it is today about the best
 and safest buy on the market.