Bisbee daily review., 1906-10-13
WARREN SHOWS B|GINCREASE IN
 PRODUCTION
During the Past Nine Months a Great Many Improvements Have Been Completed, h. cIuding Modern Converter.

Hayden Stone & Co, in their week ly letter say. regarding Shannon:
 The production of the shannon mine for the month of September was 1,256.- 900 pounds. most satisfactory result. and even more so than the figures in dicate because the affairs of the con- pany are now in such condition that, barring unforeseen accident, the com pany should continue to do as well and in fact it is anticipated that the October production will be slightly in excess of that for September.
 Last January we issued a special letter on Shannon. relating the past history of that property and referring to what the present management was endeayoring to effect. During the past nine months a great many of these improvements referred to then have been completed. The company is now the possessor of a modern, up to-date converter, and converting all it's own copper. The mine has been examined by outside experts of high standing that the present management might have the advantage of their ideas both as to the geology of the dis trict and its consequent bearing upon the opening up of new ore bodies, and as to the best methods for cheaper mining of the existing ore bodies.
 The concentrator has been examin- ed by Dr. Ricketts' the best known au- thority on concentrating in the coun- try, and several Improvements in ac- cordance with his views have been made. Mir. Robinson, the well known power expert, has examined the pow CT plant and a number of improve ments have been installed therein to assist in decreasing the cost per pound of the product. Oil has been substi- tuted for coal as boiler fuel with most satisfactory results.
 The company has now a fair con. tract for handling the ore of the New England and Clifton Consolidated Co. It has also fair and satisfactory con tract for the purchase of concentrates from the Burro Mountain mine. II has taken a lease of tne Copper Belle mine on an equitable basis which iii sures it a supply of sulphur.
 While the ore continues of low grade, development work has steadily increased the ore reserves till today they are the largest they have ever been, and with the present improve ments and with the present supply oi sulphur and sulphides the company should be able to keep both furnaces in full operation, and, except for ac cidents. maintain monthly produc tion of 100000 pounds. The com pany is now enlarging it's furnaces and the machinery is promised, si that the increased capacity should bs ready by February next when tho production should be increased iron at the rate of 5000, 900 pounds a yea to 100000 pounds. Development of the Coronado claim has been con tinued, but as yet has not encountered any ore bodies. That, however. il purely side issue at the present time But little difficulty was experiences from the flools the past year. and witt the present ore bin capacity nothin: except an unusual flood should carlst any trouble in the future.
 In our letter last January we stated that we believed that at the presen price of S7 a share Shannon was In trinsically cheaper than many stocki then selling in the market at mate rially higher prices. We still fee that at the present time Shannon, witt a well opened property. well-equii ped plant, with the likelihood of con tinued production at the rate of 15 000,0 ,000 a year, is one of the most ai tractive of the low priced stocks nov being traded in the Boston market