Tombstone epitaph., 1896-11-08
PROSPECTUS
Of the Copper King Mining Co |SS of Arizona.

The PRosPKcToa has received pros. peetus sf . Cochiss county mining incorporation which has 33 claims near Bisbss Is of which sdjoiA the famous Copper Queen. Thsrs is no qusstisn but what some other sxcel- lent miass exist in this rich copper district and the formation of this company will, when she properties are worked, and enough money is ssid to be insured by the ineorporators for its immediate working. will doubtless make another big producer within our con6nes. The company is ineorporat- ed for 6 900 ,oO0 and the following New York men are as the head Of the enterprise, B. c. Dsvis, W. H. Mack, Thos. F. Gaynor. Charles R. Lee and Ie,s R. Fleet: with ofhess at I6S Rsnssn St. Brooklyn, New York.
 A limited amount of stock is placed on the board for machinery and development and the depository is eivsn ss the Long Island Safe Deposis Co. of New Yort Ficial agen.s are stationed at many cities and Black burn and Mansur of Disbss are the appointed agents at the copper camp through whom applications and particulars are furnished. Following in the prospectus in full:-
 In 1894 the United Stated produced 354 ,ls3, ,l74 pounds Of copper, valued ct s33, ,l42.l4l. Copper Ianks No. 1 ,n our mineral productions, the first in rank is pig iron, about SIPS, 900 900 second, sil,er. &64, ,t,O0. 900: third, gold 330,OO0, ,OOD. Nearly all of the inn mense amount of copper was pro- duced in three mining districts, each covering . limited territory, namely, Lake Superior, Aontans and Arizona. The Lake Superior district produced nearly ons-shird of it. Montana produced slightly more than Lake Superior, and Arizoaa produced the greater part of ihs balance. The Cal umet and Hscla mine, in the Lake Superior district, produces from forty Co eighty million pounds annually
 and has paid out to i,s ssockholders over torty-three million dollsrs in div idends on . capital stock of only two and |. half million dollsrs. The psl value of the shares is $25. and it nov sells for @3l5 per share; yet when tho
 mine was . prospect, the stock solc
 for 90 cents per share, bsing ? cent
 per dollar (-hars). The Anaconds, ir
 Montana, produced copper io th'
 value of eleven million dollars in 1894
 and made net, ever five million dol
 lars. 4 controlling interest in sbi'
 property was recently purchased by
 the Ro.hshilds for fifteen million dol
 lars. and the gold was shipped in pay
 mont. The Copper Queen in Arizons
 is said to produce one thousand toni
 of copper per month. At ten cent
 per pound, this seppss is worth $2UI'
 00O, or equal to . product oi two mil
 lion fGur hundred thousand dollars pc
 year, and claims to have ere to rul
 txsnty-6ye years ct the same rate
 Unlike gold or silver. the cspps mines ID shs United Ststss gre con
 fined to three we'll known dist,iess } and the deposits are in large deposit , not in smsll veins. "rhs aversg yield Of copper per ton of ore ip sh Lak. Superior distris, is only l.s3 pc cent, equal to not quite forty pound of copper pr ton of ore; exciudipI the richest mines, the Calumet an Hsels, and the TsmArack. the yield not suite l per ssut.. 7s only tvsns , pounds Of copper 10 two theussn pounds Of ors.r Yet ell the pines il this district pay large div'dends, an produce she grsstest quantity of cop 1G We quote from "Ainsrsl Indus !, tries of the United statss." compile by the Uni ted States Geological sul :, vsy, and published under authority ( the Government. pp. l5S, ,les; 9Th . product of the Mons.ns inines chow
 yield oi ' per cent The principe ]. advantage of she Arisons uinss. (
 competitors in the copper marke
 liss in the feet that the ores are rsli
 lively rich, yielding fraction over
 per cent, and are sasily ssdsssd