The sun., 1899-04-09

rhsrs was never truer sasihs 'uSh ''As
,,,,,. nothing have" Is there in any business
..,,,o,c,. certainty at the start Many man in
II. early days OF Calumet Hecla considered
hn,r ruined ny HI. holdings OF that stock-yet
,s,r h. and hi. family are envied by all for these
ann. boMipg.. We DO not pretend that there is no
,,r,o-. in III. Val Verde mines. hut we Do hNo"
,r,,th, mines are on tho same great copper dyke
,,,, rms from the United Verde through the Val
ed. - ,bs Grand Canon-that in the Grand
Canon the outer prngs Of this dyke show at depth
,,sooo fse,-that the developed mines adjoining
,.y,l Verde. including the Lombard, Gooie Co.
,ri o,h.r. are paving and valuable producers-that
nth. Val Verde m,nes the ores have paid pront
from the grass roots downfall experts report the
Indications as pointing 10 an immense body OF rich
,,pnsr ore-how rich no one say until 1t IL
,.,hsd-,hat our best ore comes from our
deepest workngs-that 1t runs a. high as 30 per
.,p, ccpp.r-that assays an smeltin. returns show
r average u overt per ton profit, reckoning the
-
I. Clark brother Of the United Verde's owner.
though, we'll enough ~ it to take substantial block
o.s,ck in the Val Verde company tand j. K. Clark
,,rredned all through the West with beng far.
renc shrexl mining man, to whose practical
banding large share Of Senator Cark's great sue
ressattrbuted that we have length on the vein
9! nearly three mileS-that should our - unde-
wioped CLAIMS prove only one half as good as the
producing mines now in operation. 1t will double
og profits and that there is the strongest proba
bl,tT that holders OF Val Verde shares at par will
rtctys - per cent. p, r annum in dividends, even
At twelve cents pound for copper. The above
tsunates a-e made on the same basis as in all our
Calculations HERETOFORE but the returns from the
last 5carlosd shipment show actual n>t profit of
t?lsO per on. This "a clear OF hauling - II. r.,
freight and other charges, which expenses will be
largely reduced when own plant is in operation.
Atot richness Of Arizona in copper. the in.
erase in production has been in the past year six
times that ot all other American copper regions
combined and her product for 1892, as predicted by
the hshes. authorties will far exceed that Of 1903.
SeproluCei in 1897 81. 900, ,oo) pounis. in 1923
Nioooooo-a growth Of 81 per cent. That Arizona
"hsromnC COPPER section is admitted even by the
Michigan copper magna,es. for many OF them are
Already interested IN her properties. and more every
dsr.
h'ndi and AorgG0rt OF Chicago in It's March
issue Ays Arizona gives evidence to-day that il
"ohe the mos, inviting fields for investment and
oe'eopn'ntl In this direction in the world, not even
creeping the Calumet K HeclA region OF northern
AchiRan There has never been so great an interes,
manifested in this mineral ~ at the present time iti
"P'aIy Increasing consumption and its present high
Price make it on, Of the most inviting and profitable
"min!ng undertaking.
III" Inc Standard OIL people are putting millions
'"O 'ne copper properties is a matter OF common
''"e' II not common knowledge though appar
'Nuy tr'm the recent utterance NJ Butte paper
'n' SAndard Ol people are not particularly welcome
"'i"'eeton. That, however does not affect tht
'''nat the sarevlcs, and most successful com
'aA'on OF tcapltllSt. the world has ever known II
reaching after the control o: copper.