Bisbee daily review., 1905-12-12
CLIFTON-MIORENCI
 MINING OPERATIONS
Detroit Copper Co. Will Con- StruCt Electrical Line
 Into MetCalf

THU M6lGdlI
 E. T. Beauchamp is doing the as sessment work on his mines near the Polaris group.
 The present price of Copper means prosperity to the Clifton -Morenci dis trict, the oldest, the biggest and best
 Recent floods have delayed ship ments by the New England company but as soon as the river is down and the roads can be made passable the ore will go forward. However, the company should lose no time in the contraction of their tramway, for the reason that under present condi- tions their shipments by wagon will be interrupted by every rise in the river.
 The Los Angeles Times last week stated that the shannon plant had been flooded and partially destroyed by the Frisco river. This is a mis- take. The Shannon plant is nearly two hundred feet above the Frisco river, and is one of the finest and safest locations for 8 plant in Arizona. The only loss to the shannon company by floods during present year was by having their ore supply cut off by washouts on the Coronado railroad. This will be obviated in the near fu- ture by the addition of large storage bins, where a sufficient supply will be carried for such emergencies.
 For the past two weeks the Detroit Copper company have had a corps of engineers in the field in the Coronado mountains and around Metcalf. and the general supposition is that the company will soon commence the con struction of an electrical line from Gold Gulch into the Metcalf country. During the past two years the com pany has purchased many mining claims in that section which are be- ing developed with good results, and it is only reasonable to suppose that the company will connect the mines with their plant at Morenci. The Era has no definite information in re- gard to this new enterprise on the part of the D. C., but is certain that these. surveys mean something pretty good for the Metcalf country.
 At a meeting of the shareholders of the Shannon Copper company held in New York last week the old board was reelected and the same officers appointed by the board of directors which is an indication of confidence in the entire management by the shareholders. in this the sharehold- CTS have no doubt acted wisely. The annual report of the officers of the company to the shareholders was quite extensive and went into the details of the entire business. The treasurer's report shows that there were manufactured during this year II ,295 56S pounds of fine copper, with by-product of 592 ounces of gold and 17,127 ounces of silver The average price of copper was .1424 cents. During the year there was charged to the construction account $52, ,320.96, which deducted from the total expenses of the year left s1, 36S, ,02006 as the total cost of the copper, or .1211 cents per pound, a profit of .0213 cents per pound. The net profit for the year was S271 ,153. .65, little over ninety cents a share. The report also contains the report of Manager Bennie and Consulting En- gineer Watson, both of whom agree in saying that the mines are in good shape, with plenty of ore blocked out for the future use, and that the ma chinery is in good condition. They also made a number of recommends tions for betterment of plant and i'm provements generally, which it would be well for the directors to grant. The manager and consulting engineer who are on the ground certainly have a better knowledge of the needs of the company at the mines than the directors who reside in the east. The company is now in splendid financial condition and at the present price of copper 1t will make much more money during the coming year than at any time during it's past history The Shannon company is not one of the big companies of the territory, but it has made a success under many difficulties, and has a very bright future before it. Considering the short time the company has been op- erating it has really made pronounc- ed success, but it will do much bet ter in the future, and it may yet be numbered among the "big' companies. The officers of the company are: George c. Gill, president; J. W. Haz- en, treasurer; w. J. Palmer. secre- tary; J. W. Bennie, general manager, and Rolla V. Watson, consulting en-