Arizona republican., 1917-01-07

al over l3uOC0Oc0 pounds compares l with 10,6oo.0O0 pounds for 1915.
 The production rom Nevada will nearly reach l00,000,000 pounds which comnares with the previous largest production of S5,200 900 pounds in 1913 and with G7.7oO,OOO pounds in 19ls.
 The nrodtcuon ot New Mexico will probably reach 90.000C01 pounds as compared with 62.S0O,OOO pounds for 1915.
 California with production that may exceed 60.000,c GOO pounds, showed q large increase over the previous record production of over 53.0O0. .0B0 i pounds in 1909 In 1915 the production | was 37. .6A0. 900 pounds.
 | Tennessee alone among the import :. ! ant copper producing states failed to ! show a record output. The produc- ! tion was pro ,ahly slightly below i 15.00n000 pounds. as comnared witt 1 over 1S.000QQ0 pounds for 1915 l Shannon Copper ! shannon Copper company closed the ! wear in excellent financial condition. | Earnings have been large and with q 1 very bright outlook for the coming year officials express themselves as ! very much satisfied. From the start l shannon has had rather hard luck l with labor troubles and other diffi- 1 culties. but 1t now looks as if all l these troubles were to be discounted In prosperity.
 Production for the month of Novern- her was sSo0f0 pounds of copner with profits in the neighhorhood of S75 900 Earnings for the year are conserva- lively estimated at $500 900 at least. and are almost sure to run over this fiFure. Considering the fact that dur ing the month of January and part o' February. the company was not oDer- atmg. this is 2 very good showing. For 1917 the company has sold about three-quarters of it's production up 10 the end of June and one hal: of its output fer the third quarter Tie price obtained for some of this future copper was as high as 34 cents 2 pound fully seven cents a pound mo-c ttan the T, ge price obtaned for copper in tho first ten months oi this year. IiJ to the end of October the averaee price obtained was 21 cents 2 pound.
 rnvelcrmoNt w0rt has neen carried out o1 2 larTn erolo during the pas, yea~ .Giving sor1n very satisfactory re- eIllts. A one or the mines known as the Alaska there has been recently onencd uu 2H foot cf sIirhde orc -''oui1~- vn-v t'~h corner --nl'-~s Al the Harrison level of the Shannon mine proper. the winze still continues in inc. same good grade of ore. assay ing about four per cent copper. The cost of production has been higher during the past months. rising witt the price of copper. The company has in force q sliding wage scale which advances wages as the price of copper l.advo nces. hut which will also reduce wages as lower prices for the metal prevail
 At the end of October the company had in the treasury S1.165.000 and has practically no indebtedness It has been buying up the bonds of the Shannon Arizona railway, the princi- nal and interest of which the Shan non Copper company guarantees lTWenty more of these bonds have been purchased this month and there are only s1p6.001 outstanding at the pres ent time as compared with sl94 DOC tho first of the year.
 Directors will meet for dividend declaration and there is no doubt but that the present rate of 2a cents q shGre regular and 25 cents extra will be paid