The herald., 1897-03-12
BUSINESS OPPORTUNITIES

IS si5S'oo1 TEN YEAR BOND ISSUE
FOR SALE.
VALUABLE GOLD AND COPPER
PROPERTIES MERGED INTO TIL z
OLD RELIABLE VOLCANIC COPPER
MINING AND SMELLING CO. a
RARE INvEsT,MSEMT; EVERYTHlNG dssr
The consolidation OF the Voltaire mine
and the Columbia mine of Arizona, large
gold and copper properties, was Iuily
consummated' last week. ana ,me wMTae nisre
was mergedinto the Volcanic Copper MIN
ing and Smelling CO.. offices 500 Soutn
Broadway, this city.This makes one among
the largest copper mining companies on
the coast; much machinery Will De erect
ed and operated on the various properties
of this company, as soon as the ponos
can be disposed of at par
The property of this company aggrega-
ties a value of over si75.W00Oo. and con-
sists of valuable and well developed cop
per and gold claims. situated In the Eagle
Tail range of mountains, in the western
part of Maricopa county, Arizona, also
the Voltaire, just added. which Is also
a well developed gold and copper prop
erty.
The whole of the above property has
recently been covered by trust deed, 10
secure $3.50 900 ten year, per cent semi
annual gold coupon bond issue. the bones
to be issued In denominations of 500. $500
$500 and $1,000 each. to be sold al par. me
money derived from the sale OF these
bonds. is to be used to erect mills ana
smelters on these properties, whlch,
when set in operation within the next
go or 90 days. will make net earning OF
500 900 per month or more. There is no
reason why this cannot be done, wnen
other companies. under less favoraple
circumstances, and with less ore, are
making from $500 900 to 1926 900 per month,
operating with from 260 TO 100 men.
The Anaconda in 1896 paid semi-an-
nual dividend of 81, SOC, 900 and the Calu-
met and Hecla Copper company paid an
annual dividend in December, 1896, of S.-
600. 900. making a total dividend to date OF
$45. $50, 600
The net earning of 100000 per month
by this company would make DIVIDEND
Of 81. 60 to each of its 40. 900 shares OF stock
par value 81 each. With each bond of the
company, say, $780, $500 or $1,000. 100, 800 or
1000 shares of stock is given gratis. II you
invest 800 the annual earnings OF your
bond would be Sc. and the earnings on the
stock would be $780, or a grand total of
Sl66 on the stocks and bond. payable az
Savings Bank of Southern California TO
w. d. Woolwine, acting as trustee Tor the
company here.
we calculate to do as we'll as other cop
per smelling companies. If not better. as
the large amount of gold and silver car
ried in our copSer ores, make very val
liable copper matte or bullion, hence we
Figure 1t down TO one-fourth. or $4,000
net per month, and II would still pay a
dividend of 40 cents per annum on each
of the $50. 900 shares OF the company cut
It down TO $12.500 net per month and 1t
still makes a dividend of 20 per cent per
annum.
The Volcanic company Incorporated un-
der the laws of Arizona, March 16, 1893. The
$50 600 shares issued are full paid and ror-
ever worcestershire. Subscribers to these
bonds and stocks are principally coast
people over 40 of the stockholders living
here. This is home institution. owned
by old residents of this city, and the COM
pany propose to place every bond issued
with people on this coast. These bonds
are not to be peddled or hawked in Eu-
rope. but every one of them Is considered
good enough to sell here at home. This
is proposition that stands strictly on Its
merits: it is controlled by honest and re-
liable people and is worthy the attention
of home investors, who can receive prin-
cipal and interest at our bank here.
Further particulars and a prospectus of
this enterprise may be had by calling on
or addressing THE VOLCANIC COP
PER MINING AND SMELLING CO.,
1856 South Broadway. Los Angeles, Cali
fornia. 12-4