The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-04-18
Financial.
Copper is King

troit Copper Companies, a as stated by IN. p,..-
Journal. tho richest single mining camp in tho r.,,
possessing moro than double the number o, aiv,,..,
payers found in any other copper camp in ,,.
encs. and including such famous min.s =,
great Longfellow. Humboldt. Metcalt. and , has,, |
others. The Humboldt is especially famon, ,,...
remarkable vein o. ore. loo feet vida arau.
ming 10 per cent. copper. and is regarded h, 4, ]
mining men acquainted with it as the riches, coma.
property in existence.
The grouD Of the Arizona Copper s,pd,. |
cate, Ltd, directly adJOins these famo,. 1
properties. IL comprises eight mine, Z
named outlet, Deep Down, Conns,
Centre, True Centre, bon Ton, Great Cen.
tire, Figure Seven and Lucky Number, nj, |
of which show copper ore In paying ouan. |
titles, the entire property being rIcb,, /
m~ineraIized. The reports Of the mimi,
engineers employed by the syndicate n
examine these properties before tbel,
purchase demonstrate their Richness and
their direct connection with the o,be,
great producers Of the district.
Mr.. w. n. wemplo. Mining Engineer, Of Tuc,o, |
Arizona. reports. September II. 1898, that eth. on.
portunity for development il superior 10 that q, IN.
other companies. for by tunnelling In from IN.
Canon you can get more than foot for foot, and op.,
up the ore bodies at great depth. thus reducing cost /
Of mining and handling Of ore. At one poin. vher,
the lode crosses the Canon In this group there a..
pears over 80 feet in width Of mineralized Ledge.
tunnel can be run in here. and some 400 feet ~
stopping ground can be had for less than the ,ams
amount Of sinking and drifting.
"a few thousand dollars expended hers
would result in increasing the value Of thI,
property many thousands of dollars"
Mr.. Ben M. Crawford. Mining Engineer, Of Clttton.
Ariz.. reports, October 8. 1898:
THE outcrop and vein in these mines are very
large. the vein in places being from 60 to 100 fee,
wide. and all mineraltzed; in fact, there Is no
doubt that this is a continuation Of the great
Humboldt mine, belonging to the Arizona
Copper Co., which Is producing Thousands OF
tons of h~iEh-grade ore, the outcrop being
plainly traced from there into the Outlet
mine, and the surface indications Of the
latter are moro promising than on the
Humboldt"
Mr.. Crawford further states that in the mines %
the Arizona Copper Syndicate. Ltd. "the higher
grade ores can be reduced by smelling. the low
trating. six tons into one. at very small cost. TAX.
ing into consideration the fact that the Arizona Cop.
per Co. is working 3 per cent. concentrating ores
at q profit. the enormous beds OF higher.grade con.
centrating ores in the syndicate's m~ines-there be.
ing deposits OF this ore one hundred feet in wjdth-
together with the smelling ores. demonstrate 30.
yond a question the great richness Of the Syndicate
group.
THE formation, grade and nature OF these ores
being the same as in all the great copper producing
mines Of this district. TO which they are contiguous
and the extent OF the bodies opened and in sight
renders this group of mines especially desirable and
worthy the attention and consid Grafton Of the most
conservative investor. With proper development
these mines can soon be put on a basis to become
large and permanent producers. and to take ranh
with the great dividend payers Of the district"
The vendors of the Syndicate's properties tool
tho entire purchase consideration in shares
Arm in the belief that this property will turn out as
great n dividen l-payer as those surrounding 1t; and
we are confident that their faith will be as richly 70
paid as was that OF the Arizona Copper Co.. in which
MANY of them are largely interested.
The shares OF the Arizona Copper Co.. that sold
once for 400. are now S55. 90, and that on a capt.
talization eighteen times as great as Il Arizona
Copper Syndicate.
Judgment TO recognize the opportunity and cour.
age to seize it are Indispensable to success.
The opportunity offered by the Arizona Cop.
per Syndicate, Limited. has never been sur.
passed in the history OF IL Investment. It has = mag.
nifcent property. known to be OF the same character
and formation as the now producing properties sur.
ness. The present opportun'ty 70 secure this stock
is the last to obtain 1t at the low figure Of 81. 90 per
share, asno more OF this stock will be sold al less
than par after the present issue Is subscribed. There
Is litt'" to risk and Everything TO gain in its prop'st.
ton. 1t Is practically as certain 10 pay 40 per cent.
dividends ON its present extremely low capitalize
ton as tho Arizona Copper Co. to continue psymNn.
OF l.. per cent. on its enormous a.OOO.ooo Capifsr'
cation. It /, far more likely with the present conIi.
ton and prospects OF copper itself TO pay 90 or IS
per cent.
The management Of the Arizona Copper Syndicate.
Ltd. is OF the most practical character. Mr.. VIM.
H. Reynolds. its President. is a gentleman Of large
acquaintance with and experience in tho copper
field. and the Syndicate considers itself most for
tunate in having secured his connection with its
and their active development. Its Vice.
President. Mr.. James Simmons. was for many years
in charge of one OF the greatest properties in E'u"
dor, and thus brings to his executive position the
thorough knowledge of the practical miner.
superintendent Of Mines Thomas Treadwell 10 .
brother OF Captain John Treadwell Of the great
Treadwell mines OF Douglass Island. ALASKA, mo
largest mining plant in the world, Tho great demon
strated value Of that property is. in no small meas
ure, due 10 Thomas TreAdwell. now superintend ent
OF the Arizona Copper syndicAte's properties. who
brings to his position the accumulated resourees.
energy. and judgment of . thorough knowledge "
in all it's details.
Geo. W. Reynolds, Secretary and Treasurer, has
been for many years associated Wits the Prestd"ns
in business. is thoroughly acquainted with the prop
erty and its requirements. and an invaluable man IN
his position.
All estimates Of prodts from the Syndirate's mines
have been made on the ultra-conseryatiVe basis "t
selling copper at 10 cents per pound. whereas mo
market price Is IL centS or more: and the IN
eIorable laws OF supply and demand absolutely pre-