Tombstone epitaph., 1896-11-08

aggregate one group of rsfners which trssts exclusivsly, high grade. pure maternal, like Arizona bars and Mon tana blistsr copper-works which pro- duced over one hundred and five mil lion pounds of refined copper. incur red only S7l0,6l9 e1aense, or 0.69 cent per p ,und."
 The Copper King owns fifteen full mining elaine. eco by l ,5OO fec, in area (about ten seree. or equal 10 one hundred and sixty scres in all), adjoining the properties of the Copper Queen, in the town of Bisbee, Coo hiss county, Arizona. Coch'se county, occupies the southeasteru portion Of the Territory, and has an area of nearly SIX thousand square miles.
 Again we quote: Next to Tomb stone, the most important town in the Territory is Bisbee, in the Mule noun | tains, about thirty miles south of Tom bstone. Here are located the wofks of the Copper Queen mine. The company keeps five furnaces in con- stsnt opsration-three of them of q capacity ct tifty-tive tone each per day, one other, e monster 0. | daily oapaicity of one hundred and fifty tons. The copper production of the last year was not far from twelve mil lion pounds of bullion. The mines of the company are upon a magnificent body Of ore that seems practically CT . haustless. About six hundred men are employed. The town has . popu- lalion of about fifteen hundied, and Is as quiet ss any New England village" Opp. l60, l61).
 The Copper King of Arizona als } owns eight other claims, about ,even miles northeast of Bisbee, at . place known ss Solomon Springs, where the copper ore comes to the surface. and can be traced in large bodies al over the whole eight claimr. This group has more than 75 per cent. better showing. on top, for . big mine than ever the Copper Queen properties had.
 Again we quote: This camp (Bis- bee) and all the mines here lie in wh at is more properly called . mineral zone; there being no well defined lsads or veins on the surface hacesble for any distance; but the whole sur face is covered with an iron quartz, highly minerslized, giving assays in gold from two to seventeen dollars per ton, with . small per cent. of silver and as depth is attained invariably opening up into large bodies of rich copper ore. This has been the resul, of sll pi ospsc,s worked to any depth in this camp. All the ores of this camp are of . character called free
 smelling ores, carrying their own Aux
 and requiring only heat to extract the
 me'sl. Large coal fields have also
 bssn discovered less than forty miles distant, which undoubtedly adds great
 value to the properties Of this camp
 Opp. l63. I6').
 From tins best information obtain
 able (thst is, of the miners themsslves) ws learn that the underground work ings of the Copper Queen are close up
 to several of our adjoining clAims, and
 where it has immense bodies of rich ore, all pitching toward our properties These ores run from 10 to ss high .,
 60 per cent, in copper, with frequent large massss of pure, native copper. Every dollar Of the proceeds of the
 shares sold will bs put into sinkipl
 hsfts and developing ,hss. twenty . three claims. and taking cut the ore } and erecting . sme!,er of earacity Q ? one hundred ton- of ore Der day. 4 . minimum o: 10 per cent, in coppe 2 (snd it will average 20 per cent.) i ] 200 pounds of copper in 2,OO0 pound . of ore, which at 10 cents per poun' 7 gives the value of S20 per ton to th q ore; one hundred 'ons per day eives D gross product Of $2 100 per day. Figur the to;s, expense of production s,SI' . per ton (snd n will no. average $4, . we have . net product of $l,O00 pc day and for 300 working days we hav r. $500, ,0OO, applicable to division amonI # ths stookh oiLers in the form ( . dividends; $500, ,0O0 will pay dividsn . of 5 per cent, on the par value of tn J whole capital stock, and leave sur . plus Of $50 .0oO to 70 to betsermeut |. and 60 to increase the product th '- second year, until in . few years W o could equal the Copper Queen in sh o magnitude sf osr psoduesios. I'll