Evening journal., 1899-07-08

iuN anu tntbN litti tHtnlloi vi llt tlll-
versity OF Pennsylvania and after
wards its president assayed about 81
COO pounds Of ore out of different ship.
ments made by Senator Smith. which
he certified averaged about GO per cent
pure copper.
The land is also valuable for farm
ing and stock raising. The soil con-
sists of a dark, chocolate-colored loan,
remarkably fertile and producing vast
crops Of corn, cotton, sorghum, wheat,
eats and other cereals, potatoes, fruits
of every variety and grapes equal TO
the best in California or Italy. The
climate Is almost perfection, being a
happy medium between the long, bleak
Winters OF the North, and the almost
perpetual Summer Of the extreme
South. The elevation above the sea is
about 1900 feet, assuring perfect COM
fort and health the year round, such
a thing as sunstroke or prostration
never having been heard Of
The property was profltably worked
for several years after the discovery
of copper and large amounts OF the
metal marketed in Baltimore and
Philadelphia, at a time when the ore
had to be hauled by wagons from $50
to 800 miles to = railroad, and only
discontinued when the surface ore had
been marketed; mining and a plant TO
work the ore on the ground became
necessary AS in the early days OF
California gold mining, the time
came that expense was necessary and
Il was not all profit work stopped.
These SAME California mines. taken up
subsequently by men OF capital and en-
ierprise. are now the most profitable
Of all and pay millions OF dollars per
year in dividends.
This great property. for the control
Of which a million dollars was once re-
fused. has been held by the owners for
favorable market and awaiting the
development of a proper method for
treating the mineral contents economi-
cally on a large scale. The Boston and
Texas Copper Company has secured
the property and a system for treating
the ores and clays successfully em-
ployed at Mansfield, Germany, for hun
dreds of years on similar deposits, and
will operate It for all there is in it.
The deeds for the property call for
2274 acres as patented by the state,
but il is believed it will survey nearly
20 900 acres. IL IS some 3h miles wide
and 10 to ~ miles long, and the equiva-
/ lent OF nearly 900 ordinary mines on
mining claims. The highest expert and
engineering authorities pronounce II
one OF the greatest copper properties
In the world, and It is believed it viii
prove equal TO the Calumet and Hecla
which has paid over $50 100000 in divi.
iends. and returned $500 for every dol
lar paid in on the stock.
Copper mining is so uniformly sue
] cessful and profitable that few know
anything OF the industry except thl
fortunate holders of securities Owe
SOC. 100000 pounds of copper is nov
produced in America, worth S60O00000
or within 10 per cent OF our total gol'
product and this enormous produo
ton, netting s25, 100000 to the owNer
annually, is by about twenty proper
ties, located in small territories il
Texas. Utah, Michigan, Montana, Cali
fornia and Arizona. The latter pro
duces 11O,O00.0O0 pounds, and the Bos
ton and Texas Company's great PROF
! lerty is on the same geographical line.
No industry equals copper mining Il
!. stability, prompt and uniformly sue
cessful results. 1t is the safest and bes
American investment The principa
companies pay from Is to 400 per cent
per annum dividends, and the future 1
more promising even than the past b,
reason of the constantly increasing us
of copper.
A portion of the full paid unassess
, able stock of the Boston and Iexa
Copper Company, which controls thi
great property, may be secured at
per share par Sl0) 60 provide add
tional money for plant and develop
ment: and it is believed that the com
pany will soon be on a dividend payin
basis, when the stock now offered a
IS per share will be worth par an
! more. The shares of the Calumet an
! Hecla Company, which once sold
Boston at 81 per share, are now wort
! $500 per share
1t is announced that the price will b
81 advanced as soon as the amount is sol
that is set aside for this purpose, an
q IL is believed the stock will have
e large value.
y Hon. Emery NJ. Low, mayor {
Brockton. Mass, is president of th
company; George W. Russell, ESQ
e paper manufacturer, Boston, vic'
[ president; Major +. M. Spaulding SCI
e ond vice-p president and financial agent
d Colonel Edward b. Robins, treasurer
4 Colonel James M. Wheaton, BOstol
= secretary. and its directors are con
h posed Of strong men.
Z The companys offices are in Il
4 Lowell Building, Beacon street Bo
p ton, Mass.
Remit by check, p. o. order or regi
n tered letter for stock desired to q
q treasurer. Prospectus, reports and IN
! information on application.
HACK FOR LOAfBARDY.